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Tip of the Day

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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Load Fund

Load Fund – The load fun refers to the cost related on the assessment of any given sales charge or a commission on a specific transaction. It is that load that is used to compensate anyone who handles the sales. Such intermediaries might include financial planners, brokers, investment advisors or others in such categories. The purpose of the load fund is to compensate the given individual for all his or her time and consultation services. This is in recognition of the part performed in making sure a given investor was able to locate an appropriate fund in which to invest.

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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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