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Tip of the Day Build a Nest Egg that is 25 Times the Annual Investment Income You Need

Build a Nest Egg that is 25 Times the Annual Investment Income You Need - When it comes time to retire are you going to have enough money to live...

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New Zealand Exchange Limited (NZX)

New Zealand Exchange Limited (NZX) - The New Zealand Exchange Limited (NZX) began life as a regional stock exchange during the Gold Rush of the 1870's. In 1974 these regional exchanges formed one national stock exchange, the New Zealand Stock Exchange (NZSE). On June 24, 1991, NZSE implemented a computerized trading system, and abolished the open outcry market. This computerized system replaced with the FASTER trading system in September 1999. On October 16, 2002 the Member Firms of the New Zealand Stock Exchange voted in favor of demutualization. On December 31, 2002, NZSE became a limited liability company. On May 30.2003, NZX formally changed its name.

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Definition of the Day Commingled Fund

Commingled Fund - A Commingled fun is a mutual fund or a common trust fun consisting of various kinds of assets from several accounts united together. The commingled funds asset, mitigate the risk for the investor or shareholder through diversification and reduces the cost of organizing each account separately. The...

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