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Tip of the Day Ditch Your Car

Ditch Your Car - If you live in a community where everything is within a reasonable distance, you need to ask yourself why you are driving a car, which when...

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Corporate Securities Limited Representative

Corporate Securities Limited Representative - A Corporate Securities Limited Representative is an individual who has passed Series 62 exam, which is administered through the National Association of Securities Dealers. By passing, this exam the individual is given the right and license to trade asset backed securities, corporate bonds, common stock, preferred stock, money market mutual funds, plus privately issued real estate investment trusts, mortgaged backed securities, warrants, and rights. Brokers who wish to trade all securities, excluding the commodities futures, they must take a General Securities Representative Examination called the Series 7 exam, and in some states, a Series 63 examination.

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Definition of the Day Treasury Bill

Definition: A short-term debt obligation issued by the government to finance government activities.  These are commonly referred to as "T-Bills."  They are usually issued in maturities of one, three, or six months.Advice: T-bills are zero-coupon bonds, which mean that they don't pay out interest.  Instead, an investor buys them at...

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