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Tip of the Day Keep Your Receipts

Keep Your Receipts - When it comes to filing, your taxes you need to make sure that all your receipts are keep in good order, just in case you happen...

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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 Y Shares

Y Shares These are also called institutional shares and, therefore, are highly attractive to institutional investors. The great thing about these shares is that they are pretty safe, since institutions are relatively stable, and they also do not require 12b-1 fees to be paid. The downside...

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