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Tip of the Day Borrow No More Than 30% of Your Available Credit

Borrow No More Than 30% of Your Available Credit - You should borrow no more than 30% of your available credit each month if you wish to keep your credit...

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Proceeds Sale

Proceeds Sale - A proceeds sale: A securities transaction, made by members of the NASD, that uses any funds from the sale of securities - the funds are reinvested in other securities. Simply said: You sell securities and with the earnings of this trade you buy new (other) securities. Money is in this way re-invested in new stock. These proceed sales are considered transactions by the National Association of Securities Dealers (NASD). In 2007 the NASD has formed the Financial Industry Regulatory Authority (Finra). Members using proceed sale transactions must abide the 5% guideline. This guideline prevents commission or markups exceeding this percentage.

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Definition of the Day Enhanced Index Fund

Enhanced Index Fund - an enhanced index fund is strategy term employed to outperform traditional indexing. The fund is aimed at an index (an indicator, representing the value of a security) but the fund is also attempting to boost returns by staying clear of the index in order to...

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