Investors should always keep good records of their securities transactions, including copies of account statements, trade confirmations, and canceled checks. Although the…
For certain routine matters to be voted upon at shareholder meetings, if you don’t vote by proxy or at the…
An individual who acts as an intermediary between a buyer and seller, usually charging a commission to execute trades. Brokers…
Some mutual funds that charge front-end sales loads will charge lower sales loads for larger investments. For example, a fund might charge…
In an attempt to attract purchasers, some insurance companies offer variable annuity contracts with "bonus credits." A bonus credit is…
Investors who hold a bond to maturity (when it becomes due) get back the face value or "par value" of…
Corporate bonds are bonds issued by companies. Companies issue corporate bonds to raise money for a variety of purposes, such as building…
A bond is a debt security, similar to an IOU. Borrowers issue bonds to raise money from investors willing to…
The investor sells one bond and uses the proceeds to buy another bond, often at the same price.
What is a bond fund? "Bond funds" and "income funds" are terms used to describe a type of investment company (mutual fund, ETF, closed-end…