Stock Market juice!
High-Yield Bonds – To attract investors, the issuers of these bonds pay a higher rate of interest than investment grade bonds with the same maturity. They are rated below investment-grade bonds and are also called “Junk Bonds.”
401(k) plan – A retirement savings plan funded by employee contributions and matching contributions from the employer. Contributions are taken…
Compound Interest – Interest paid on the principal and the accrued interest. Interest earned on an investment is added to…
Business – A person or group that makes something for other people to buy. Most businesses try to earn a…