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Tip of the Day

Tip of the Day Pay All Credit Card Balances In Full Each Month

Pay All Credit Card Balances In Full Each Month - It is necessary to pay all credit card balances in full each month to prevent paying extremely high interest rates...

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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 Ginnie Mae Trust

Ginnie Mae Trust - Ginnie-Mae Trust is a direct government holder of private mortgages through public sector lending affiliates. It is through public investors and initiatives to afford collateral backing. It will enhance the availability of multifamily housing. The low interest loans will aid more individuals and families abilities to...

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