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Tip of the Day Don't Use Your Credit Card for Cash Advances

Don't Use Your Credit Card for Cash Advances - We all have times where we get into a jam and need a little bit of additional money, but don't use...

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Blind Bid

Blind Bid - A blind bid is an offer to buy a group of stocks, which have been bundled, without having knowledge of which stocks have been included in the bundle. Some portfolio managers improve their position in the stock market using this option, without having to influence the stocks that they are buying or selling. This Blind Bid type of investment can be extremely high risk for most investors, as they may receive a group of stocks, or a bundle, that in the end could turn out to be valueless to their portfolio. A gamble to say the very least, but one some investors take with the hope the stocks will have great value.

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Definition of the Day Reinvestment Date

Reinvestment Date - The Reinvestment Date was a creation of business to allow all pending transactions, past and, present to be in complete form preceding the date of closing. If a person purchasing a stock investment does not manage to close the deal before an agreed upon date the dividends...

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