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Tip of the Day Set Concrete Goals

Set Concrete Goals - One of the best ways to help you set a budge and live within your means is to set realistic, but concrete, goals for things like...

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In Escrow

In Escrow - An escrow is a trust provided by a third party. When funds are placed in trust under the supervisor of this third party it is referred to as the funds being ?in escrow.? This form of trust provides both the seller and buyer the use of someone with no vested interest in the transaction to ensure it transpires and all funds are properly transferred. The third party will also handle all documentation required for completion of the transfer in funds. Escrows serve a wide variety of purposes with regards to sales of anything requiring completion of documentation and records pertinent to a sale.

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Definition of the Day Compound Annual Growth Rate (CAGR)

CAGR Term category: Finance/Accounting In 10 words or less: The compounding rate of return over a period. Definition: The compound annual growth rate (CAGR) is the rate at which an investment grows annually to reach a given end value.  It's calculated by the following: CAGR = [(Ending Value/Beginning Value)^(1/# of years)] -1 Advice: CAGR is a...

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