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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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Stamped Security

Stamped Security Over the life of a security or bond, many different things will change and all of this has to be documented well by the issuers so that the investor is fully aware of these changes. That is what a stamped security is used for, as this type of security is stamped for the purpose of showing that a feature has been changed since the security was originally issued. One of the more common changes that is made is to the maturity date, as this will change depending on various market factors that are not always predictable for the issuer.

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Definition of the Day Treasury Bill

Definition: A short-term debt obligation issued by the government to finance government activities.  These are commonly referred to as "T-Bills."  They are usually issued in maturities of one, three, or six months.Advice: T-bills are zero-coupon bonds, which mean that they don't pay out interest.  Instead, an investor buys them at...

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