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Tip of the Day

Tip of the Day Don't Buy Stock in the Company You Work For

Don't Buy Stock in the Company You Work For - It is never wise to invest money in a company that you work for. What happens if the company...

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Asset-backed Security (ABS)

Definition: Asset-backed securities are debt securities that are backed by assets other than real estate.  This includes receivables, loans, leases, royalties, etc.

Advice: ABS's are great because they offer an alternative to investing in just typical corporate debt.  However, when evaluating investments, it's important to remember that the bond is only as good as the assets that are underlying it.  For example, if the company isn't very good collecting on its receivables and they're what's backing the bond, you may lose money.

 

 

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abhishek said:

can u explain with an example?

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Definition of the Day Certificate of Stock

Certificate of Stock - A certificate of stock is a document used to reflect the legal ownership of a specific number of a corporation's stock shares that are also called stock certificates. A stock certificate or certificate of stock represents one unit of ownership in a firm, company, or...

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