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Tip of the Day Pay All Credit Card Balances In Full Each Month

Pay All Credit Card Balances In Full Each Month - It is necessary to pay all credit card balances in full each month to prevent paying extremely high interest rates...

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Long Bond

Definition: A bond that matures in more than 10 years.  The term "long bond" typically refers to the 30-year treasury bond.

Advice: Because bonds with longer maturity face greater risk of changing interest rates (and greater default risk, as well), they typically pay higher interest rates.  This can be seen by taking a look at the yield curve.

 

 

 

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Definition of the Day Clientele Effect

Clientele Effect - Clientele effect is the tendency for security investors with a similar strategy to invest in securities and specific companies that meet their specific set of requirements, or criteria, especially when it comes to financing terms. An example of this would be investors who are looking to find...

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