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...