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Tip of the Day

Tip of the Day Pay Your Bills On Time

Pay Your Bills On Time - We all get behind on our bills every once in a while, but when it becomes a constant practice it starts to cost us...

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Cash

Definition: Cash can either refer to dollar bills or it can refer to when people aren't invested.  For example, if you have an investing account with $1000 in it but none of it is invested in stocks, it's called "being in cash", even though you don't have cash physically in your hands.

TeenAnalyst Advice: Having all your money in cash for a long period of time isn't a good idea because inflation will eat away at your buying power.  However, it's important to have access to some cash at all times for emergencies.If you're in college, you'll want to have cash readily available for your tuition payments.  And if you're nearing retirement, you'll want to have cash available for living expenses.

 

Discuss It!

Indiana Jones Jacket Online said:

Well i agree with it, we can't have long period of time cash in our pockets because everyone wants it spend it on some stuff.

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Definition of the Day Convertible Auction Rate Preferred Stock

Convertible Auction Rate Preferred Stock - a convertible auction rate preferred stock is a certain type of an auction related preferred stock that can be converted into shares of the underlying security an underlying security is a commodity or security, which is subject to delivery when an option is exercised...

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