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Tip of the Day

Tip of the Day Ditch Your Car

Ditch Your Car - If you live in a community where everything is within a reasonable distance, you need to ask yourself why you are driving a car, which when...

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Side Pocket

Side Pocket When a hedge fund opens a second account for its illiquid assets, it is called a side pocket. This keeps these assets separate from the liquid assets of the hedge fund, which provide benefits for certain members of the fund. The only people who stand to make considerable gains from a side pocket are those who are original members of the hedge fund. Anyone who has joined since the fund was started will not make any money from this type of account because this separate account will not apply to the investment that they have made since the account opened.

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Definition of the Day Fitch Sheets

Fitch sheets- They are issued by Mr. Francis Emory Fitch, Inc they are the reports and are compiled on a daily basis. They are then stored away in a massive data bank to show trends in the stock market for future assessment they have records going back as far as...

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