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Tip of the Day

Tip of the Day Plan

Plan - Part of retiring without losing your current benefits and standard of living is due to planning for your retirement and starting early. Today the social security people...

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Straight Value

Straight value - A straight value is also known as an investment value. A straight value would be the value remaining on a convertible security sold on the open market if the convertibility portion of the security was removed. A straight value is also called a value to the owner because it is the bottom line when it comes to its worth on the open market. Another name for a straight value is value of a convertible security. A convertible security is a preferred stock, which can be converted into common stock or convertible bonds. The shareholder chooses to exercise this option or not.

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Definition of the Day Over the Counter

Over the Counter – the term over-the-counter is a security that has not met the requirements of the major exchanges so therefore not listed.  These securities are generally thought of as risky investments because they aren’t listed.  It could also be a very small or unstable fund too, which is...

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