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Tip of the Day Borrow No More Than 30% of Your Available Credit

Borrow No More Than 30% of Your Available Credit - You should borrow no more than 30% of your available credit each month if you wish to keep your credit...

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Open-ended Fund

Open-ended Fund – an open-end fund is a mutual fund with no restrictions on the amount of shares the company will issue... The company will continue to make shares available no matter how many investors there are already.  The majority of all metal funds are open-end funds…  They also buy back shares if the investor wishes to sell them back  Open-end funds are a very useful tool for investors, by allowing investors  to buy and sell back shares.  An open-end fund may close down if the manager deems the securities to be too high and exceeds the company’s objective

 

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Definition of the Day Minority Interest

Minority Interest - Minority Interest is shareholders whose combined shares represent less than half of the total outstanding shares issued by a corporation have the minority interest in that corporation. In many cases, the collective holdings of the minority shareholders are considerably less than half of the total shares. In...

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