Investopedia

Family Office: What It Is, Responsibilities, and Types

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Investopedia

Breaking the Buck: Understanding Money Market Fund NAV Drops Below $1

What Is Breaking the Buck? Breaking the buck happens when a money market fund's net asset value (NAV) drops below $1. This can occur if the fund's investment income doesn't cover its expenses or ...