The theory that says a combination of an individual's savings, Social Security and a private pension will provide secure retirement income. D bonds are the least likely to be able to repay. A Mutual Fund that invests in a mix of bonds, preferred stocks and common stocks with the three-part goal of conserving the investors initial principal, paying current income and achieving long term growth. This disciplines investors to buy more shares when prices are low and to buy fewer shares when prices are higher, thereby creating an average market cost over time. The central banking system of the U.S., supervised by the Federal Reserve Board, which determines the prime interest rate.
Age is usually a primary factor in setting investment objectives.
Such securities may include cash equivalents, such as bank CDs, Treasury Bills, etc. The cost of operating a mutual fund, including advisory fees and administration. Also called an expense ratio because it is expressed as an annual percentage of a fund's total next assets. A New York City unincorporated voluntary association founded in 1792 with a written constitution in which only certain brokers have a 'seat', or the right to buy and sell securities. The portfolio may include bonds, stock, cash, other securities, and real estate.