Financial instruments whose performance is derived, at least in part, from the performance of an underlying asset, security or index.…
A retirement savings plan, such as a 401(k) plan, that does not promise a specific payment upon retirement. In these…
Defined benefit plans also are known as pension plans. Employers sponsor defined benefit plans and promise the plan's investments will…
A sales charge, also known as a "Back-end Load," investors pay when they redeem (sell) mutual fund shares. Funds generally…
With a deferred annuity, you make payments to an insurance company, which will be free from taxes until you reach…
A failure by an issuer to pay principal or interest when due, or to fulfill other obligations, such as reporting…
Day traders rapidly buy, sell and short-sell stocks throughout the day in the hope that the stocks continue climbing or…
FINRA rules define a “day trade” as the purchase and sale, or the sale and purchase, of the same security…
Unless an investor specifies a time frame for the expiration of an order, orders to buy and sell a stock…