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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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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 Voting Stock

Voting Stock - A Voting Stock is a stock that comes with voting rights to the holder of this stock. With this voting right, a shareholder can have influence on important matters that involves the company. He or she can also vote for members of the...

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