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Tip of the Day Build a Nest Egg that is 25 Times the Annual Investment Income You Need

Build a Nest Egg that is 25 Times the Annual Investment Income You Need - When it comes time to retire are you going to have enough money to live...

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Wrap Account

Wrap Account Most investors will require a money manager to handle various aspects of this industry and then a brokerage is able to locate a money manager for the investor in exchange for a fee, the account becomes a wrap account. With a flat rate or a quarterly or annual fee, the account will take care of the administrative details and any management expenses that might arise. This is the best type of account for serious investors because it includes everything that is needed in order to stay on top of things throughout the day, which will maximize profits in the end.

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Definition of the Day Exchange Privilege

Exchange Privilege - An exchange privilege is a special feature, which are offered in some of the mutual funds families which allow investors to switch, or swap, from one mutual fund with a family unit to another within the same family fund unit, without paying any additional sales charges. The...

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