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Tip of the Day

Tip of the Day Save Enough

Save Enough - When your children are young is the time to start planning for your children's college and/or universities costs and plan to save one-third to one-half of the...

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Rule of 72

Definition: A rule that allows investors to calculate how long it'll take their money to double by dividing 72 by their expected return.

TeenAnalyst Advice: For example, if you are expecting a 10% annual return on your investment, you would divide 72 by 10 to get 7.2.  It would take 7.2 years for your money to double in this investment.

 

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maya songz said:

what is rule 72?

Longhorn Steakhouse Coupons said:

good

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Definition of the Day Average Down

Average Down - The average down means that the stockholder who is buying additional shares in stock that is already in his/her portfolio, has dropped in price since the he/she purchased of the earlier stock. These stocks are generally owned, a long position, or owed, a short position, by an...

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