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Common Broker Terms
Many people have only a general idea of where their funds are invested. While many clients are offered online listings of their assets, few understand what they mean. Even when asked, bankers have a hard time explaining things in a way that many can totally grasp. Tired of your money guy talking circles around you? Below are a few key terms to help you understand the lingo of the business.
Stock – A certificate that proves partial ownership of an organization or business.
Bond – A document offered by the government or a private company which guarantees repayment of money that was borrowed on a previously decided date.
Broker – A person who handles the financial investments of their clients. They buy and sell items such as stocks according to predictions about the stock market.
Stock Market – A global organization where brokers meet to buy and sell financial securities. You can keep track of the ups and downs online.
Portfolio – A complete listing of investments owned by a certain party.
Mutual Fund – A mutual fund is a type of company that used the funds of its investors to purchase a variety of stocks from other companies.
Fidelity Bond – A kind of insurance that protects investors from financial losses they experience because of fraud on the part of a specified company or individual.
Share – Part of a company’s stock. These are usual worth small, equal amounts and investors has the option of purchasing more than one.
Shareholder – Also known as a stockholder, this is a person who owns one or more shares of a business’s stock.
Stock and bond brokers work with a variety of investment services that can improve financial growth for individuals and businesses. Many of them are directly involved in trading on the stock market. They might also an advisory role by helping clients choose investment portfolios with high rates of return.
Many people hire stock and bond brokers because they want to supplement their incomes with money earned from investment portfolios. The portfolio might include a variety of mutual funds, bonds, and shareholder stocks in companies. Disbursements and profits are often used as equity or to fund retirement.
Since the brokers pay close attention to the stock exchange, they can make informed decisions about which mutual funds and stocks to buy. They should also know how to purchase these products when they are at the lowest price. Doing so often manages to give clients the best performance.
Many broker and fidelity firms allow their account holders to access their stocks and watch market performance online. They might even offer charts that allow clients to better understand how their portfolios have performed over time. The clients can them make changes to their portfolios or discuss potential changes with the broker.
You can learn more about the services that these professionals offer by searching the Internet for their websites. Look for sites that offer strong customer service and online security.
You might also search the web for company reviews posted by individuals. This could help you determine which brokers have met the needs of their other clients best.