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Tip of the Day Refinance Your Mortgage if You Can Cut At Least One Point

Refinance Your Mortgage if You Can Cut At Least One Point - Refinancing a mortgage only makes good sense if you are going to save more than 1% on the...

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Term Trust

Term Trust Whenever a fund has a fixed date where it will either be terminated or will become matured, it is called a term trust. In these situations, investors will have a little bit of security because they will know exactly when they can get the highest value for their fund. This is particularly common with bonds, as they will have a fixed maturation date where the value will not continue with its steady increase anymore. These are also called closed-ended funds, as they cannot be expanded for another term and the money must come out of the fund when the term ends.

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Definition of the Day Survivorship Bias

Survivorship Bias In many cases, a company that has made it through a rough patch in its existence will be penalized in any reports that come out because of survivorship bias. These reports will not show that other companies have gone out of business during the...

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