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Tip of the Day Get a Professional Certificate

Get a Professional Certificate - When you decide which profession you wish to enter, you should check first to see if your chosen field offers a certificate. If it does...

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Unit Trust

Unit Trust - This is an investment company registered through the Security and Exchange Commission for the purpose of selling stock shares through unmanaged portfolios. These portfolios are still income producing securities they are just not managed closely like Mutual Funds are. Being passed on to the shareholders are the dividend payments, all interest and any capital gains that may have been acquired. It may only be considered a tax free security when the trust is invested only in tax free assets. This type of investment tends to have lower than usual yearly operating expenses and so attracts many to inquire and invest.

 

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Definition of the Day Black Tuesday

Black Tuesday - Black Tuesday took place on October 29 in the year 1929 and was probably the most famous stock market crash ever to be remembered in stock market history. On this day, the stock market's stocks lost 13 percent of their value and...

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