Different types of shares issued by a single fund, often referred to as Class A shares, Class B shares, and…
A broker typically earns a portion of the commissions or other fees on each purchase or sale of securities that the brokerage…
A certificate of deposit (CD) is a savings account that holds a fixed amount of money for a fixed period…
Don't assume that a "federally insured one-year non-callable" CD matures in one year. It doesn't. These words mean the bank…
A cash account is a type of brokerage account in which the investor must pay the full amount for securities…
The profit that comes when an investment is sold for more than the price the investor paid for it.
Callable or redeemable bonds are bonds that can be redeemed or paid off by the issuer prior to the bonds' maturity date.…
These give the issuing bank the right to terminate – or "call" – the CD after a set period of…
Bonds that can be redeemed or paid off by the issuer prior to the bond's maturity date.