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Tip of the Day

Tip of the Day Buy A Used Car

Buy A Used Car - Next to a home, the most expensive purchase you are likely to make is a car. When looking to buy a car it is...

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Exchange Traded Fund

Exchange Traded Fund - An exchange traded fund is also known as a ETF. ETF is a fund that tracks what the index is doing, but can be treated and traded like a stock. These ETFs are always sold, and bought, in bundles that appear all in the same index. Actively managed mutual funds are never tracked, as they only disclose who is in their holdings a few times each year. For investors, they can do almost anything with an EFT they would do with a normal stock, even short selling them. They are traded on the stock exchange, as they can be sold or bought at any time in the day, unlike the majority of mutual funds, with prices that fluctuate depending on the minute action, just like any other stock?s price.

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Definition of the Day Affiliated Chains

Affiliated Chains -   affiliated chains are retail operations that are none competing with each other, and act as a single entity when purchasing services and goods.  Affiliated chains pool their purchase in order to obtain a volume discount on their purchases, lowering their costs, and therefore increasing their profit....

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