Tag: avoid

Top Mistakes to Avoid When Applying for a Loan

A personal loan can be a stitch in time that saves nine, provided that you use it cautiously and know how it works. It...

Top Ten Financial Traps to Avoid When Buying A Car

When you are buying a car, it is important to be aware of the financial traps that can come up. If you aren't careful,...

Hard Landing

What is 'Hard Landing' An economic state wherein the economy is slowing down sharply or is tipped into outright recession after a...

Inactivity Fee

What is 'Inactivity Fee' 1. A sum charged to investors who haven't engaged in any buying or selling activities in their brokerage...

Named Beneficiary

What is 'Named Beneficiary' This term refers to any beneficiary named in a will, a trust, an insurance policy, pension plan accounts,...

Abusive Tax Shelter

What is 'Abusive Tax Shelter' An investment scheme that claims to reduce income tax without changing the value of the user's income...

Panic Selling

DefinitionPanic selling is a wide-scale selling of an investment which causes a sharp decline in prices. Specifically, an investor wants to get out of...

Wash-Sale Rule

DefinitionA wash sale is a sale of a security at a loss and repurchase of the same or substantially identical security shortly before or...

Wash Sale

DefinitionA wash sale is a sale of a security at a loss and repurchase of the same or substantially identical security shortly before or...

Generation-Skipping Trust

What is a 'Generation-Skipping Trust' A generation-skipping trust is a type of legally binding trust agreement in which the contributed assets are...

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