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Tip of the Day Find Out About Secondary Costs

Find Out About Secondary Costs - Home ownership comes with many expenses and one that generally is not taken into account when plans are made to purchase a new home...

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Date of Issue

Date of Issue - The date stated when the newly issued bonds begin to accumulate interest on the bond is date of issue. The purchaser or holder of the bond in the stock market is obligated to issue payment to the issuer with interest included between the dated date originally filed, and the settlement date in addition to the principal amount of the purchase of the bond. The accumulative interest returned to the buyer when the holder at issue makes the first initial interest payment. For example, a new bond issued with a date for July 1 has a return date of July 20.

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Definition: Peter Lynch was the fund manager for the Fidelity Magellan fund from 1978 until 1990. During that time, he...

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