Short-term obligations issued at a discount from face value. Discount notes have no periodic interest payments; the investor receives the note's face value at maturity. For example, a one-year, $1,000 face value discount note purchased at issue at a price of $950, would yield $50 or 5.26% ($50/$950).
Director’s Take: Investing Is A Lot Like Football
It’s a good time to talk about how investing is a lot like football – both need a strong playbook to be successful.
Self-Directed IRAs and the Risk of Fraud
Read our latest Investor Alert to learn about potential risks associated with self-directed Individual Retirement Accounts.
Would You Invest in HoweyTrade?
Does it look more like a legitimate investment opportunity or an investment scam? What red flags can you spot, if any?