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Tip of the Day Pay Your Bills On Time

Pay Your Bills On Time - We all get behind on our bills every once in a while, but when it becomes a constant practice it starts to cost us...

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Keogh Plan

Definition: A retirement plan set up by a self-employed individual for himself and his employees (if applicable).  The money grows tax-deferred.

TeenAnalyst Advice: Keogh plans are like 401(k) plans for self-employed people.  They give the person a tax benefit for saving for their retirement.

 

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Definition of the Day Convertible Auction Rate Preferred Stock

Convertible Auction Rate Preferred Stock - a convertible auction rate preferred stock is a certain type of an auction related preferred stock that can be converted into shares of the underlying security an underlying security is a commodity or security, which is subject to delivery when an option is exercised...

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