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Tip of the Day Avoid Fees

Avoid Fees - When using long-term investments as a money-earning vehicle, it is wise to remember that any returns that are made on that money must deduct any fees paid...

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Joint Account

Definition: A joint account is an account owned by more than one person (typically husband and wife).

Advice: Joint account offers the benefit of giving two people control over the account.  This means that your spouse can call up your stock broker and place an order to buy stock.  However, this requires that a joint agreement be set up, which is usually a pretty simple process.

These types of accounts are great for married couples because they give your spouse complete visibility into the investments and easier access.

 

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Definition of the Day Quick Ratio

Definition: A ratio that measures a company's ability to meet its current liabilities with its liquid assets. TeenAnalyst Advice: It's important that a company be able to pay their debts and other ...

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