Non-Objecting Beneficial Owner (NOBO)
Who is a Non-Objecting Beneficial Owner (NOBO)? The term non-objecting beneficial owner (NOBO) refers to beneficial owners of companies who have permitted their financial institutions to release their personal information to the companies they have invested in. The information given out includes the name and address of the beneficial owner, along with information regarding their...
Index Investing
What is Index Investing? Index investing is a passive investment method achieved by investing in an index fund. An index fund is a fund that seeks to generate returns from the broader market by tracking an index. The S&P 500 is the most popular index to track, with a historical annual return of 10%. Understanding...
Income Annuity
What is an Income Annuity? An income annuity, also known as an immediate annuity, is an annuity that is contractually designed to start paying income as soon as the policy is started. Income annuities can be funded as soon as the policy begins. In addition, they may be annuitized immediately, giving the individual extra freedom...
Income Fund
What is an Income Fund? An income fund is an investment vehicle, similar to a mutual fund or an exchange-traded fund (ETF), that emphasizes current income over capital gains or appreciation. The term current income refers to income that is received on a fixed basis, compared to waiting for some future date in order to receive the...
Harami Cross
What is the Harami Cross? The harami cross is a candlestick pattern used in security trading. It is a large candlestick that follows or moves in the direction of the current trend associated with the stock, followed by a small Doji candlestick that is fully within the previous candlestick’s body length. The color (red, green,...
