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Tip of the Day

Tip of the Day Save Enough

Save Enough - When your children are young is the time to start planning for your children's college and/or universities costs and plan to save one-third to one-half of the...

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Withdrawal Plan

Withdrawal Plan In this scenario, an investor will receive a fixed payment periodically, which is very similar to a living allowance. This is usually used when an investor has retired so that the individual can have the equivalent of a paycheck still coming in, which makes managing one's finances much easier. This is also used for things like a child's education, as the money can be taken out whenever a new semester's payments are due, but cannot be withdrawn at any other time. This is done in order to make sure that the money is used for its intended purpose and that these investors do not have to worry about holding onto larger amounts of money long term.

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Daily Definition

Definition of the Day Average Down

Average Down - The average down means that the stockholder who is buying additional shares in stock that is already in his/her portfolio, has dropped in price since the he/she purchased of the earlier stock. These stocks are generally owned, a long position, or owed, a short position, by an...

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