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Investments & Financial Planning
What is a Real Time price quote ?
Asked Tuesday, January 16, 2001 by an anonymous userCPA Answer:
A Real Time stock or bond quote is one that states a security's most recent offer to sell or buy. The quote is as that precise point in time as opposed to a delayed point in time. This is different from a delayed quote, which shows the same bid and ask prices Fifteen or twenty minutes after a trade takes place.
Investments & Financial Planning
What is an Real Estate Investment Trust ( REIT ) ?
Asked Tuesday, January 16, 2001 by an anonymous userCPA Answer:
A Real Estate Investment Trust (REIT)
invest in real estate or loans secured by real estate and issue shares in such investments. A Real Estate Investment Trust is similar to a closed-end mutual fund.
What is an Real Estate Investment Trust ( REIT ) ?
Asked Tuesday, January 16, 2001 by an anonymous userCPA Answer:
A Real Estate Investment Trust (REIT)
invest in real estate or loans secured by real estate and issue shares in such investments. A Real Estate Investment Trust is similar to a closed-end mutual fund.
Investments & Financial Planning
What is a Pyramid scheme ?
Asked Tuesday, January 16, 2001 by an anonymous userCPA Answer:
Pyramid scheme is an fraudulent, illegal scheme in which a con artist convinces victims to invest by promising an extraordinary large return on their investment but instead simply use newly invested funds to pay off any investors who insist on terminating their investment.
This timing scheme usually continues to a point in which the con artist disappears with the bulk of the investors funds.
This timing scheme usually continues to a point in which the con artist disappears with the bulk of the investors funds.
Investments & Financial Planning
What is a " Put " option ?
Asked Tuesday, January 16, 2001 by an anonymous userCPA Answer:
Put
A "Put" is an option granting the right to "Sell" the underlying futures contract. This is opposite of a call.
A "Call" is an option that gives the holder the right to "Buy" the underlying futures contract.
What is kiting a check ?
Asked Friday, January 12, 2001 by an anonymous userCPA Answer:
Kiting refers to the practice of depositing and drawing checks at 2 or more banks and taking advantage of the time it takes for the 2nd bank to collect funds from the 1st bank. It
also is a bookkeeping trick to illegally increase the face value of a check by changing the numbers on the check.
Investments & Financial Planning
In the stock market calendar, what is the January barometer and January effect ?
Asked Friday, January 12, 2001 by an anonymous userCPA Answer:
The January barometer is a statistic from "The Stock Traders Almanac" reflecting, with 85-90% accuracy, that the overall stock market rises in a year when the Standard and Poors is up in the month of January and drops when the index for that month is down.
The January effect refers to the historical pattern that stock prices rise in the first few days of January.
Studies have suggested this holds only for small capitalization stocks. In recent years, there has been less evidence of a January effect.
The January effect refers to the historical pattern that stock prices rise in the first few days of January.
Studies have suggested this holds only for small capitalization stocks. In recent years, there has been less evidence of a January effect.
Investments & Financial Planning
Does Italy have a stock exchange ?
Asked Friday, January 12, 2001 by an anonymous userCPA Answer:
Yes. Italian Stock Exchange is based
in Milan. It came into effect after the unification of Italy's 10 national exchanges in 1991. All listed securities are traded electronically. The main indexes are the MIB and the MIBTEL, based on the prices of all listed shares, and the MIB Thirty, based on a sample of the thirty most liquid and highly capitalized shares.
Investments & Financial Planning
What is an Investment letter ?
Asked Friday, January 12, 2001 by an anonymous userCPA Answer:
An Investment letter is a letter of intent between the issuer of new securities and the buyer, in the private placement of these new securities. The letter of intent establishes that the securities are being bought for a minimum time period and are treated as an investment, not for resale. If no such letter exists, the securities must be registered with Securities and Exchange Commission.
Investments & Financial Planning
What is the International Monetary Fund ?
Asked Friday, January 12, 2001 by an anonymous userCPA Answer:
The International Monetary Fund also known as the IMF is an organization founded to oversee exchange arrangements of member countries and to lend foreign currency reserves to members with short term balance of payment problems.