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Tip of the Day Buy A Used Car

Buy A Used Car - Next to a home, the most expensive purchase you are likely to make is a car. When looking to buy a car it is...

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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 Income Trust

Income Trust - It is a type of investment trust, which may have holds in the income-producing assets or replacing it in investment. The income that is produced may be passed on to investors or corporations or the unit holder. Example are of the income trusts are the real estate...

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