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Tip of the Day If You Don't Understand How An Investment Works, Don't Buy It

If You Don't Understand How An Investment Works, Don't Buy It - One of the most common mistakes made by people is buying things that they don't understand, and that...

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Hard Goods

Hard Goods – Hard goods, also known as durable goods or just as durables, are commodities that are considered to have a long lifespan.  On the contrary to nondurable goods, hard goods can be utilized several times over a relatively long period of time rather than being disposed of after only one use.  Generally, hard goods are classified as lasting longer than three years.  Examples of hard goods include automobiles, computers, appliances, equipment, furniture and freezers.  The Commerce Department monitors hard goods orders month by month and often, increasing orders of durables over a span of a couple of months indicates a healthy economy.

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Definition of the Day Non-Callable

Non-Callable - Non-Callable is the bond or the preferred stock, preference share, redeemed by the issuer before its maturity date, or a date specified in the bond indenture or share prospectus, only on the payment of a penalty. Such call fortifications safeguards the holder from loss of interest income caused...

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