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Tip of the Day

Tip of the Day Set Up an Automatic Savings Plan

Set Up an Automatic Savings Plan - This may sound like it is really difficult, but it is not. If you have a checking account, you can set it...

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Widow-and-orphan stock

Widow-and-orphan stock - This is a stock that has been invested in very safe companies. They often pay out a large dividend and owners of this kind of stocks usually do not sell them very fast. The name widow-and-orphan stock implies that the owner of the stock is often survived by his widow, and in this way he could provide her with a steady income, even after his passing. It is a kind of financial security when someone has a stock like this, and if the companies will do well, it would stay that way for a very long time.

 

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Daily Definition

Definition of the Day Phone Switching

Phone Switching This give investors the ability to transfer currency between various mutual funds, as long as those funds are part of the same family, on the telephone. This is much easier than heading down to the manger's office in order to get these results, as it can be done...

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