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Tip of the Day Open an Online Savings Account

Open an Online Savings Account - One of the best ways to save money and receive a fair return on your money, about 5%, is to open an online savings...

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Systematic Investment Plan

Systematic Investment Plan This type of investment plan allows for people to preset an amount of money that can be transferred from one account to another electronically. This cannot be an unlimited amount of money, as restrictions must be placed on it, but what it does is allow for people to automatically invest money. This money can be invested in stocks, mutual funds, and retirement plans and is basically an automatic investment plan for the investor. This makes investment much easier because the individual can simply log onto a computer, rather than having to actually speak with someone in person to make the investment.

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Definition of the Day Delivery vs. Repayment

Delivery vs. Repayment - This is the specific delivery of securities for the ultimate possession of the asset retained in numeration. This is a delivery vs. payment method. Otherwise known as the DVP, it is a swift message type issued to reduce the settlement risk in...

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