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Tip of the Day

Tip of the Day Put At Least 20% Down On A Home

Put At Least 20% Down On A Home - Your home is most likely the biggest purchase you will make in your lifetime, so when planning for the big day,...

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"Fee-Only" is Your Friend

"Fee-Only" is Your Friend - Unlike financial advisors that work on a fee-base or commission-base service, "Fee Only" based advisors are the only ones legal obligated to act in your best interest. The trick to this is to ask around where one might find these people and then ask if anyone has used them and would recommend them. Since most of us have little knowledge of investing when we first approach it, having someone who is obligated to act on our behalf is always a bonus and a very wise choice. If you cannot find one, ask your bank or call a financial organization.

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Definition of the Day Primary Instrument

Primary Instrument This is similar to a financial instrument, except for its value does not come from another instrument, but rather directly from the market. For example, a cash instrument is a primary instrument, since it is able to be transferred at all times. In addition, things like monetary loans...

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