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Tip of the Day

Tip of the Day Have An Emergency Fund

Have An Emergency Fund - In life, things happen that we don't expect, car breaks down or an appliance dies, and unless you have an emergency fund tucked away you...

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Phantom Stock Plan

Phantom Stock Plan - When a company wishes to encourage productivity in its employees, on effective way to accomplish it is to offer the employees a benefit plan that is similar in structure to share in the company without the company having to actually sell the shares. The arrangements and payouts would be similar to a deferred compensation plan, in that the employees would receive benefits if the stock performed well over a certain period of time. The incentive is thereby placed on the employees to do everything they can to help the company profit. The advantage to the employee is they won't lose their money and the advantage to the company is that it retains control of its stocks.

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Definition of the Day Panic Selling

Panic Selling - Panic Selling is the opposite of panic buying in that a rush of selling in particular with stock securities or stock securities as a whole. Panic selling accompanied by a particularly heavy volume and sharp decline in price to the stock securities as the shareholders and investors...

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