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Tip of the Day Pay Off High Interest Debts Before You Start Saving

Pay Off High Interest Debts Before You Start Saving - A lot of people feel they should start saving while still paying high interest payments on their debts. This...

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Partnership

Definition: A business structure in which at least two people own and manage the business.

TeenAnalyst Advice: Partnerships are easy to set up and that's why they're often preferred for small businesses with multiple owners.  All profits are taxed on the individual partners taxes.

The downside is that they aren't very stable organizations.  If a partner dies, it could send the business into disarray.

 

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Definition of the Day Attribute Bias

Attribute Bias - An attribute bias is the tendency of a valuation model that attempts to estimate the present value of all future payments from dividends to that of preferred stocks, which have alike characteristics and might include high dividend returns, high book values, lower P/E ratios, and other similar...

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