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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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Consumption

Consumption - the term consumption in the economic industry means the use of goods by a consumer... Consumption can be a product or a service, and the consumer would use the item until it has no remaining value...  Consumption can be in the public and private sector, but it does not include capital goods, for the means of production, such as raw materials or machinery... Consumption is the act of an item or service by a consumer. A consumer purchases a product or service, use it, consume it, or convert it to his/her use,  

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Definition of the Day Management Fee

Management Fee – A management fee is a charge that is assessed by a given investment manager of a specific investment fund. It is for the compensation due to said manager in return for all the time and services they have provided for overseeing the fund. Said fees are normally...

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