CEFs exist in a weird space between ETF and mutual funds, but typically aren’t a perfect substitute for either. Like mutual funds and ETF’s, CEF’s represent a pooled interest in a larger investment.
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This article was originally posted on 6/11/2021 via the Public app. Click here to view follow me on Pulic.com. “The S&P climbed nearly 20 points, or 0.5%, Thursday, surpassing 4,239 points and besting a closing high of 4,232 from May 7.”CNBC Did you feel that? Yesterday was special, it’s been a little over a…
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Most workers trade their time for money, commonly referred to as an hourly wage. CEOs and other highly paid individuals who bring wealth to their organizations through decision making, leadership, or long unorthodox work schedules can’t be properly compensated on a per hour basis. Instead of paying them outrageous wages that would be highly taxed,…
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Apple has announced that it will be conducting a 4 for 1 stock split on August 24. Below, I will explain what a stock split is, how it works, and how it affects Apple and its investors. What is a stock split? A stock split is what happens when the board of directors of a…
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