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Tip of the Day Build a Nest Egg that is 25 Times the Annual Investment Income You Need

Build a Nest Egg that is 25 Times the Annual Investment Income You Need - When it comes time to retire are you going to have enough money to live...

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Symmetrical Triangle

Symmetrical triangle - A symmetrical triangle is a triangle chart pattern, where a technical analysis determines the symmetrical triangle pattern of the stock movement. Symmetrical triangle patterns are a form of continuation pattern, which result in low risk investment opportunities. The top level or the smallest point of the triangle decreases and the bottom level or base of the triangle spreads out at the same time or close to it. What is happening in the market place at this time is that sellers are trying to push the prices up and buyers are trying to push the prices down and so there is a level of resistance within the market place. Eventually there will be a meeting point, which is said to be a consolidation and the price will even out at either an increase or decrease.

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A symmetrical triangle is something that is not only used in stock markets but across every industry across the globe. The main advantage of using a symmetrical triangle is being able to analyse stocks to the right details and to be able to scope out the future outcome of the stock.

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Definition of the Day Exchange Privilege

Exchange Privilege - An exchange privilege is a special feature, which are offered in some of the mutual funds families which allow investors to switch, or swap, from one mutual fund with a family unit to another within the same family fund unit, without paying any additional sales charges. The...

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