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Tip of the Day Set A Budget

Set A Budget - On of the main mistakes people make is not creating a budget so that they understand where their money is coming from and going to. ...

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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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Definition of the Day Dressing Up A Profile

Dressing Up A Profile - dressing up a profile is a term for making a mutual fund more attractive, using deception... This deceptive practice is crafted in which mutual fund company will sell stocks that are performing poorly, and purchase stocks that are performing well... This gives the impression that...

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