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Tip of the Day Never Spend More Than 2 Times Your Income On A Home

Never Spend More Than 2 ? Times Your Income On A Home - Half the trick to buying a home is knowing what you can afford to spend...

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Preferred Shares

Preferred Shares - Preferred Shares are shares which provides a specific dividend. It is paid before the common share holders get paid. Preferred shares take precedent over common shares in the event of a liquidation. These shares represent part of an ownership of a company. Preferred shareholders do not enjoy voting rights, like common stock holders do. Preferred shares pay a fixed dividend, although the company does not have to pay dividend when it lacks the financial ability to pay. Still, in regard to common share holders, preferred share holders get their dividend before common share holders do. Investors with preferred shares also have a bigger claim on the assets of a company.

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Daily Definition

Definition of the Day Turnover

Definition: In mutual funds, it's the percentage of total shares in the portfolio that are traded in a given period (usually a year). TeenAnalyst Advice: Investors prefer mutual funds with lower turnover rates because they have lower fees than those with higher turnover rates.  Also, if a mutual fund is constantly...

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