Quiz of the Day

A zero coupon bond is:

1. An investment where you interest is mailed to you automatically on a regular basis, i.e. there is no coupon to clip.
2. Are sold at a substantial discount to their face value. The
   

Tip of the Day

Are you a homeowner? Consider taking out a home equity loan to pay off your non-deductible debt. The interest you pay on home equity loans is almost always tax deductible. Interest on other forms of consumer debt is not. Plus, the interest rate on

A U.S. savings bond is:

1. A government IOU
2. Publicly traded debt
3. Something the government stopped selling in 1994
4. The only kind of federal backed stock.

Answer:  A. It really is an IOU. The government is borrowing

Word of the day

Active Management. An approach where either you, or the investment professional (such as a mutual fund manager) you hire, try to out-perform the market.  This is the opposite of indexing.

Tip of the Day: Why Waste Money

We aren’t talking about how much you spend on junk food, although banking that money wouldn’t hurt—either your waistline or your wallet. Rather, we are thinking about the needless, non-deductible debt you rack up each month.

Let’s take

Word of the Day

Asset Class:  Types of investments.  There are three primary ones: stocks, bonds and cash.

Quiz of the Day

Municipal bonds are:

1. Debt obligations issues by government entities
2. A form of stock
3. Always triple-tax free
4. Never free of local taxes

Answer:  A. While most municipal bonds are tax-free,