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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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Mutual Fund Custodian

Mutual Fund Custodian – a mutual fund custodian is a bank, or any other similar financial intuition, which is responsible for safe keeping and holding the securities owned, and within a mutual fund.  A mutual fund custodian usually maintains and holds all records, sales redemptions and trades of the share holders...  A mutual fund custodian may but not always, act as the mutual fund transaction agent...  Since a mutual fund is basically a pool of several funds and not one common stock, it’s essential that a 3rd party is involved to maintain, and oversee the funds operations.

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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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