SIPC Insurance Coverage – What it is and How it Works

SIPC or Securities Investor Protection Corporation offers insurance to customers of a brokerage firm. The insurance protects client’s against losses related to the failure (bankruptcy) of the firm or fraud by the brokerage firm or its employees (money missing from customer accounts). […]

Yield to Maturity – What it is and How it Works

When investing in a bond that is trading at a premium or discount, the current yield is a misleading indicator for the total return you can expect. If you buy a bond trading at a discount, you will be paid the face value when held to maturity. As the face value is greater than… […]