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Tip of the Day

Tip of the Day Have An Emergency Fund

Have An Emergency Fund - In life, things happen that we don't expect, car breaks down or an appliance dies, and unless you have an emergency fund tucked away you...

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All or None Underwriting

All or None Underwriting - All or none underwriting is a type of securities an underwriter issues, but will cancel at his/her will if they are unable to resell the stocks. An example of this would be as follows: A well-known and experienced underwriter has plans to issue about one thousand stock shares of a specific security, but finds that he/she is only able to resell around eight hundred of these specific stock shares. The underwriter would then issue a cancellation order for the entire issue of those specific stock shares they were planning to issue, preferring not to take a loss on the ones that couldn't be sold.

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Definition of the Day Appraisal Ratio

Appraisal ratio - An appraisal ratio is a ratio used to study a mutual funds managers performance with the mutual funds investments that he chooses. They higher the ratio, the better the performance of the manager. The job of the mutual funds manager is to pick the investments that will...

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