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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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Prospectus

Definition: An informational booklet that a mutual fund offers to investors.  You can use the prospectus to decide whether or not to invest in the mutual fund.

TeenAnalyst Advice: A prospectus is legally required by the SEC for all mutual funds.  In the prospectus, you'll find info about the fund such as its holdings, its expense ratios, etc.

You can request a prospectus online from most mutual fund companies.

 

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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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