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Tip of the Day

Tip of the Day Set Up an Automatic Savings Plan

Set Up an Automatic Savings Plan - This may sound like it is really difficult, but it is not. If you have a checking account, you can set it...

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Volatility

Definition: Volatility refers to how easily a stock tends to rise and fall.  A volatile stock would be one that sees very large swings in its stock price.

TeenAnalyst Advice: Some industries are traditionally more volatile than others.  For example, technology stocks are considered to be extremely volatile.  Price swings of 5-10% in a single day aren't uncommon.

It's always a good idea to diversify your portfolio.  That way, if you have one or two volatile stocks in your portfolio, you won't have to worry about your overall portfolio having big swings.

 

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Definition of the Day Phone Switching

Phone Switching This give investors the ability to transfer currency between various mutual funds, as long as those funds are part of the same family, on the telephone. This is much easier than heading down to the manger's office in order to get these results, as it can be done...

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