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Tip of the Day Keep Your Receipts

Keep Your Receipts - When it comes to filing, your taxes you need to make sure that all your receipts are keep in good order, just in case you happen...

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Endowment

Definition: An endowment is a collection of funds that produce income for an organization.  A large source of income for universities come from their endowments.

Advice: Endowments are usually set up as funds of funds and invest in long-term assets.  They typically strive to earn at least a 5% annual return, which allows them to partially finance their university activities from their investment proceeds.

 

 

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Definition of the Day Inflation

Definition: This is the idea that things will cost more ten years from now than they do today.  When prices are rising, we call it inflation. TeenAnalyst Advice: Inflation is bad for investors because it eats...

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