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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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Student Loan

Definition: A loan originated by the government or a private bank for educational expenses.

Advice: Federal student loans are far superior to private student loans because they offer far lower interest rates.  If you take out a lot of loans to pay for your education, this lower interest rate will save you thousands of dollars in the long run.

 

 

 

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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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