What is a Lame Duck?
A lame duck is a person who has gone bankrupt or is in default. In politics, a lame duck is a politician whose tenure is about to end.
How Does a Lame Duck Work?
For example, let's say John Doe has loston every trade he has made during the last 20 months. He is a lame duck.
Why Does a Lame Duck Matter?
Personalized Financial Plans for an Uncertain Market
In today’s uncertain market, investors are looking for answers to help them grow and protect their savings. So we partnered with Vanguard Advisers -- one of the most trusted names in finance -- to offer you a financial plan built to withstand a variety of market and economic conditions. A Vanguard advisor will craft your customized plan and then manage your savings, giving you more confidence to help you meet your goals. Click here to get started.
Read This Next
It may be the single most important decision of our retirement, yet too often, we leave it until too late. What is this forgotten decision? We don't think about where we'll live. "I think,...Read More →
For many decades, investors had a simple choice: stocks or mutual funds. If you lacked the time or expertise to pick stocks,...Read More →