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Tip of the Day Consolidate Your Loans

Consolidate Your Loans - No matter how many loans you have, they are generally all sitting at different interest rates, so the trick to saving money is to shop around...

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Gross Domestic Product (GDP)

Definition: A country's gross domestic product (GDP) is the value of the goods and services produced in a country.  This includes private and personal consumption, government spending, investments, and net exports.  It's calculated as follows:GDP = C + G + I + NX; whereC = consumptionG = government spendingI = investmentNX = net exports (exports minus imports)Advice: GDP is an important economic indicator because it helps investors determine

 

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Daily Definition

Definition of the Day Margin Trading

Margin Trading - Margin Trading is a brokerage account that allows the investors to buy securities by borrowing a portion of the purchase price. The National Association of Securities Dealers (NADD), in the New York Stock Exchange (NYSE), and the lending brokerage firm, governs margin accounts. Stocks purchased in two...

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