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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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Optionable Stock


Optionable Stock - Optionable Stock is a stock certificate that has options trading on a market exchange. Not all corporations that trade publicly have exchange-traded options; this is due to requirements that need, such as minimum shares of stock price and minimum outstanding shares. This allows stock shareholders to buy options on the underlying stock, giving them the right to buy or sell shares of the optionable stock at a set price. The easiest way to confirm whether a stock is optionable is to go to the Chicago Board Options Exchange website and check whether there are options listed for a particular stock.

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Daily Definition

Definition of the Day Five-Star

Definition: The highest score available in Morningstar's popular star rating system.Advice: Morningstar is a widely-respected independent research company and its star system is largely synonymous with the mutual fund industry.  Five-star funds are considered to be those that generate superior risk-adjusted returns.  Studies have shown that gaining a five-star ranking...

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