Sure there is. Even if you made the mistake of shoring up too much debt and were not able to cope with it at one point in your life, there are still people willing to make money off you by extending a mortgage loan. This may take some time though….
A “closed-end fund,” legally known as a “closed-end company,” is one of three basic types of investment company. The two other basic types of investment companies are mutual funds (open-end investment companies) and Unit Investments Trusts (UITs). Here are some of the traditional and distinguishing characteristics of closed-end funds: –…
With the stock market growing fast, stock mutual funds continue playing an important role. Mid caps, short for medium capitalization, refer to stocks with a capitalization in between $500 million and $7 billion. To understand properly mid caps, it is important to really distinguish between “small”, “medium” and “large” caps….
Do you feel like you’re just another number yet? Well, finance is based on numbers, and people who deal with numbers are more often than not left-brain thinkers. These people who deal with numbers think analytically. They are numbers-oriented and they deal with cold, hard facts. The numbers either add…
Paperwork involved in the mortgage application process is so extensive that you had better start gathering it a long time in advance. Full documentation will include: • Federal tax returns from the previous two years. • W-2 forms from the previous two years. • A recent paycheck stub with your…
Stock generally refers to shares of Common Stock or an “equity share” of a corporation. Each share of Common Stock represents a share of ownership in a company. The price of a stock generally represents investor expectations about the future profitability potential or future value of the company, and may…
Maturity One of the key investment features of any bond is its maturity. A bond’s maturity tells you when you should expect to get your principal back and how long you can expect to receive interest payments. (However, some corporates have “call,” or redemption, features that can affect the date…
Many investors who want to reap the returns available in the corporate bond market may buy shares in bond mutual funds instead of individual bonds – or in addition to individual bonds. They do so for the same reasons investors have flocked to mutual funds of all kinds in recent…
It may be difficult to make sure you minimize your risk investing in the stock market – that’s why so many people and advisors turn to mutual funds. A mutual fund allows an investor to easily diversify because every dollar you invest is divided among many underlying investments. For instance,…
In fact, many investors pay more taxes than they need to. We are going to list seven common tax-related mistakes investors make. (Please note that the same things may not be mistakes if they are done within a tax-sheltered account such as an IRA or 401(k) plan.) 1. Load relief…