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Tip of the Day Borrow No More Than 30% of Your Available Credit

Borrow No More Than 30% of Your Available Credit - You should borrow no more than 30% of your available credit each month if you wish to keep your credit...

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Exchange Traded Fund (ETF)

Definition: A security that tracks a benchmark and is traded on an exchange like a stock.

Advice: ETF's are popular because they're easy to buy and sell, are highly liquid, have low expense ratios, and allow investors to be invested "in the market."  They are not actively managed so they seek to simply match the market return, rather than beat it.

 

 

 

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Definition of the Day Exchange Traded Note

Exchange Traded Note - An exchange traded note is also known as an ETN. This is a type of security debt that combines features of a bond and feature of an exchange traded fund. Exchange traded notes can be traded on the NSE, and other such exchanges, but can be...

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