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Tip of the Day Borrow No More Than 30% of Your Available Credit

Borrow No More Than 30% of Your Available Credit - You should borrow no more than 30% of your available credit each month if you wish to keep your credit...

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Blend Fund

Blend Fund - A blend fund is a mutual fund that has assets composed of a combination of money market securities like bonds, stocks, and other securities, as opposed to just one, or maybe two, asset categories or classes. By purchasing blend fund securities, the investor is able to diversify his or her portfolio with a single fund, which makes the whole portfolio more stable. Although, since blended fund securities widely vary in composition it is hard to make educated guesses about the risk and performance levels, but they are less risky than stock mutual funds and more risky than money market mutual funds or bond funds.

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Definition of the Day Deferred Tax Asset

Definition: A deferred tax asset is created by overpaying taxes during a given time period.  This usually occurs as a result of timing differences based on how the company depreciates its assets.  This deferred tax asset reduces the company's tax liability in the future.Advice: Deferred tax assets are good because...

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