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Tip of the Day

Tip of the Day Don't Buy Stock in the Company You Work For

Don't Buy Stock in the Company You Work For - It is never wise to invest money in a company that you work for. What happens if the company...

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Y Shares

Y Shares These are also called institutional shares and, therefore, are highly attractive to institutional investors. The great thing about these shares is that they are pretty safe, since institutions are relatively stable, and they also do not require 12b-1 fees to be paid. The downside is that there is usually a very high minimum investment, as many shares cost over 1 million dollars each. Therefore, only the extremely wealthy or large corporations can taken advantage of these safe returns. The lack of 12b-1 fees also appeals to these investors, since the fees would be very expensive on such a large payout.

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Daily Definition

Definition of the Day Certificate of Stock

Certificate of Stock - A certificate of stock is a document used to reflect the legal ownership of a specific number of a corporation's stock shares that are also called stock certificates. A stock certificate or certificate of stock represents one unit of ownership in a firm, company, or...

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