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Tip of the Day Be Cautious of Home Equity Loans

Be Cautious of Home Equity Loans - You have worked hard to buy your home and keep the payments up, but sometimes we get in over our heads or due...

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Asset Coverage

Asset Coverage - Asset coverage is a measure of which a company's assets, net value, cover a company's debt obligations, plus/or preferred stocks. This value is similar information to what you would find on a company's profit and loss statement, although this is expressed in real dollar terms, and often express in percentages. In accounting, the profit and loss statement shows the owners or company's equity expressed in dollars, although it usually takes into account amortized long-term debts, as well.

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Definition of the Day Investment Fund

Investment fund - It is a firm, which invests the pooled funds of a retail investors for a fee. By aggregate the funds together of a large number of these small investors into a specific investment. An investment company gives individual investors access to a wider range of securities than...

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