A Unit Investment Trust, UIT, is an investment company that offers a selective unmanaged portfolio of stocks or bonds for a fixed lifespan. UITs offer some unique features that can make them appropriate for certain investment goals.
The investment world can be broadly divided into equity and debt securities. Equity is the stock market, and debt is bonds and other forms of borrowing money. Debt securities should have a place in every investor’s portfolio.
A dividend reinvestment program is an investment option offered by a company whereby instead of receiving dividends as cash payment it will be reinvested in the company for stock purchases.
When buying a corporate bond in the secondary market, it is critically important to find out if the price paid for the bond is justified and the company track record is sound.
Investing in Zero Coupon Bonds, bought at a heavy discount to their face value, can be a safe and assured method of organizing funds for future financial spending.