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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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What is Morningstar?

Definition: Morningstar is an independent research provider for individual investors and financial advisors.  The company provides research primarily on stocks and mutual funds.

Advice: Morningstar is a highly-regarded company that rates stocks and mutual funds for investors.  The company is largely known for its popular "star" rating system.

Highly rated mutual funds are those thought to provide investors with high, risk-adjusted returns.  Highly rated stocks are those that are trading significantly below their "fair value", as estimated by the company.

 

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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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