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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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Reinvestment Privilege

Reinvestment Privilege In some cases, a mutual fund will gives its investors the chance to purchase additional shares of the fund without having to pay the sales charge that normally goes along with it. The purpose of this is to help convince people who have made some money from their investments to put it back into the mutual fund to help it grow even further. Both income and capital gains can be used for this reinvestment and the lack of a sales charge is to encourage this additional investment, as this is the best thing for the mutual fund as a whole.

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Definition of the Day Minority Interest

Minority Interest - Minority Interest is shareholders whose combined shares represent less than half of the total outstanding shares issued by a corporation have the minority interest in that corporation. In many cases, the collective holdings of the minority shareholders are considerably less than half of the total shares. In...

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