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Tip of the Day Stocks are High Risk, High Reward

Stocks are High Risk, High Reward - Stocks when used properly and taken out on a long-term basis usually return more than more investments in dividends, although are really risky...

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Don't Use Your Credit Card for Cash Advances

Don't Use Your Credit Card for Cash Advances - We all have times where we get into a jam and need a little bit of additional money, but don't use your credit card to obtain cash advances as all this does is harm the score of your credit and add to your expenses with an extremely high interest rate repayment. Cash advances on credit cards carry with them amongst the highest interest rate out there, so before considering this is an option to get you out of sticky situation, approach family and friends, or ask for a small low-paying bridge loan to get you through. This interest is much lower.

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Definition of the Day Back-End Load

Back-end load - A back-end load is a fee such as a sales charge or a commission, which investors pay when selling their mutual funds within a certain number of years, which is usually 5 or 10 years. The fee will be a percentage of the value that is being...

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