Colloquial term pertaining to a trader undercutting or outbidding another’s ask or bid by an eighth. The term has a derogatory connotation since it indicates an endeavor to steal a trade by a little change in price.
This is commonly used by parents or grandparents, where they transfer assets to their beneficiaries like their children or grandchildren. Once the ...
Issuance of new municipal bonds or refunding bonds by a local government in which the proceeds of these bonds are placed in escrow and used to make ...
Secured mortgage programs that require a small down payment. It normally require a downpayment from 3%-5% of the property value. But some lenders h ...
Chart pattern describing a steep and rapid rise in a security’s price and trading volume followed by a steep and sudden fall in its price and ...
Instance in which a brokerage or analyst issues his initial rating on a specific stock or sector.
6 Reasons to Consider ETFs
Most of us know exchange-traded funds trade like stocks. These funds are easy, more affordable way to invest in different bond and stock markets. H ...
Getting Married Soon? Organize Your Financial Matters
Marriage is one of the most significant, wonderful milestones in a person’s life. There are so many new and wonderful things to look forward ...
Can Investors Depend on Commodity Funds?
In essence, commodity funds invest in various agricultural products such as oil, gold, corn, or livestock. Some commodity funds invest in futures, ...
House Hunting No-Nos
Emotions are probably the worst enemy any first time home buyer can encounter. Allowing your personal feelings get the best of you may result to mi ...
You Cannot Pay Uncle Sam… What’s Next?
What if, one day, you can no longer pay Uncle Sam? What should you do? Several variables determine the amount of tax an individual pays e ...
SEE FOREX TUTORIAL
Buying a Home: Writing an Offer
You’re down to the last four steps to buying your dream house. Now, you need to write an offer and the seller has to accept it. Take into acc ...
Student Loans: Private Loans
Majority of students consider federal loans as their first borrowing choice. But this loan may not be able to shoulder an entire tuition, not to me ...
Buying a Home: Closing the Deal
It’s almost done! With just a few steps away, the house that you have been dreaming of will be yours.
A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
A Primer on Retirement Planning
Every person dreams of enjoying their lives once they reach their golden years. Most people desire living in a house with a beach front view or a m ...
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