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Tip of the Day Have An Emergency Fund

Have An Emergency Fund - In life, things happen that we don't expect, car breaks down or an appliance dies, and unless you have an emergency fund tucked away you...

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Income Fund

Income Fund - This is a form of mutual fund that is tailored to focus on current income, either by means of monthly or quarterly types of compensation. That is opposed to those that emphasize benefits of capital appreciation. Among the types of investments this can include are municipal, preferred stocks, government and dividend paying stocks. Income funds do not provide fixed shared prices. Thus their value tends to follow the rises and declines in the interest rates. In addition, high risk funds from either bank loans funds or high yield bonds are among those who concentrate mainly on income aspects.

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Definition of the Day Appraisal Ratio

Appraisal ratio - An appraisal ratio is a ratio used to study a mutual funds managers performance with the mutual funds investments that he chooses. They higher the ratio, the better the performance of the manager. The job of the mutual funds manager is to pick the investments that will...

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