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Tip of the Day

Tip of the Day Be Patient

Be Patient - Your friend has just gone out and bought a state of the art computer with all the bells and whistles and after looking at your slowpoke old...

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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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Daily Definition

Definition of the Day Mutilated Security

Mutilated Security - Mutilated Security is a damaged security that prevents a person from identifying the original issuer of the security or other necessary identifying information. If a seller is seeking to transfer the mutilated security, certain steps will have to ensure the buyer that the security is able to...

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