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Tip of the Day Have An Emergency Fund

Have An Emergency Fund - In life, things happen that we don't expect, car breaks down or an appliance dies, and unless you have an emergency fund tucked away you...

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Current Ratio

Definition: The current ratio measures a company's ability to meet its current financial obligations by dividing its current assets (such as cash, accounts receivable, etc.) by its current liabilities.

Advice: The current ratio is a good way to determine a company's current financial health.  If a company's balance sheet looks kinda nasty and the current ratio is low, the company may have to default on its debt in the near future.  When that happens, the company will go bankrupt.

 

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Daily Definition

Definition of the Day Panic Selling

Panic Selling - Panic Selling is the opposite of panic buying in that a rush of selling in particular with stock securities or stock securities as a whole. Panic selling accompanied by a particularly heavy volume and sharp decline in price to the stock securities as the shareholders and investors...

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