|
|
Skip to a different definition: |
|
A
- B - C -
D - E
- F - G -
H - I
- J - K -
L - M
- N - O -
P - Q
- R - S -
T - U
- V - W -
X - Y
- Z |
|
| Basis Point |
A basis point is the smallest measure used in quoting yields
on fixed income products. You will also hear basis points mentioned when the
financial media releases reports on interest rates. The important thing to
understand is that one basis point is equal to one one-hundredth of one
percentage point (0.01%). Therefore, 100 basis points would be equivalent to one
full percent.
For example: An interest rate of 5% is 50 basis points greater
than an interest rate of 4.5%. Meanwhile, the difference between 12.83% and
12.88% is five basis points. When you read a headline such as "The Federal
Reserve cut interest rates by 25 basis points," this means that Fed lowered
rates by 0.25%.
|
|
Income Security
of the Month
Our "Income Security of the Month" for July 2008 invests in
a fast-growing overseas market that doesn't get much exposure in the
mainstream financial press. And although it typically makes enormous
annual dividend payments -- it has paid an average dividend of 24.9%
per year over the past five years -- this fund is perhaps most
appealing for its total return potential. Specifically, the fund has
delivered total returns of +263.9% since 2003, and
it ranks in the top 10% of its category over the past decade.
|
Top
10 Stocks for 2008!
Since we began publishing this report back in 2003, the picks we've
featured have consistently beaten the broader market -- delivering average
gains of +21.3% per year and outperforming the S&P by a nearly
2-to-1 margin. Act now to reserve your copy of our newest report -- Top
Ten Stocks for 2008. |
|
|
