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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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Pooled Fund

Pooled Fund This term simply means that a group of investors have pooled their resources together in order to create a larger investment. In many cases, these investors will have similar assets and wish to give themselves more leverage by pooling together. One of the most common types of a pooled fund is a unit trust, where all of these earnings are held in trust in order to keep things fair for all investors. This can be any type of fund, however, and investors are always coming up with more creative ways to join their assets together and maximize their returns.

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Daily Definition

Definition of the Day Bid Price

Definition: This is the highest price that someone is willing to pay to buy shares of stock.  This also means that this is the highest price you can expect to get for your shares of stock when selling them.  It is always lower than the ask price. TeenAnalyst Advice: Always look...

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