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Tip of the Day Put At Least 20% Down On A Home

Put At Least 20% Down On A Home - Your home is most likely the biggest purchase you will make in your lifetime, so when planning for the big day,...

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Socially Responsible Fund

Socially Responsible Fund A type of mutual fund that is invested solely in companies that are up to a predetermined social standard. In many cases, you will find that a socially responsible fund will avoid making investments in tobacco or alcohol related companies because they do not believe that these companies are ethically sound. In addition, many of these mutual funds are invested in things like care centers, hospitals, and environmentally sound organizations. While the fund will only invest in these types of companies, the boundaries are flexible, since they are self imposed by the investors, rather than through a set of universal rules.

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Definition of the Day Primary Instrument

Primary Instrument This is similar to a financial instrument, except for its value does not come from another instrument, but rather directly from the market. For example, a cash instrument is a primary instrument, since it is able to be transferred at all times. In addition, things like monetary loans...

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