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Tip of the Day Make Your Home More Energy Efficient

Make Your Home More Energy Efficient - There are many ways to save money around your home. These can range anywhere from insulating your hot water tank to prevent...

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Inflation

Definition: This is the idea that things will cost more ten years from now than they do today.  When prices are rising, we call it inflation.

TeenAnalyst Advice: Inflation is bad for investors because it eats away at their rate of return.  It's also a critical reason why people should invest their money.

There's a cost to keeping your money in cash.  That cost is that it won't be able to buy as much in the future as it will today.  If inflation is 3.5% per year (the historical average), it means your money is losing 3.5% of value each year.  So if you're earning less than 3.5% in interest, you're actually losing money.

 

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Definition of the Day Little Board

Little Board - Little Board is a slang term referring to the American Stock Exchange (AMEX). It also described any exchange that is not the New York Stock Exchange (NYSE). Little board was to refer to the New York Consolidated Stock and Petroleum Exchange, which closed its doors in the...

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