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Tip of the Day

Tip of the Day Consolidate Your Loans

Consolidate Your Loans - No matter how many loans you have, they are generally all sitting at different interest rates, so the trick to saving money is to shop around...

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Commission Broker

Commission Broker - A commission broker is independent broker, who received payment in the way of commission by taking a percentage of the value of a transaction that takes place on an asset. A commission broker is either individual or a firm's representative who acts as a go-between for the buyer and the sell and generally charges a commission for the transactions enacted. These representatives are required to have a license. This percentage can range in price depending on the individual broker involved in the transaction; therefore, it is usually good to know your broker, so you know what fees you will pay.

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Definition of the Day Margin Trading

Margin Trading - Margin Trading is a brokerage account that allows the investors to buy securities by borrowing a portion of the purchase price. The National Association of Securities Dealers (NADD), in the New York Stock Exchange (NYSE), and the lending brokerage firm, governs margin accounts. Stocks purchased in two...

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