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Tip of the Day Don't Use Insurance As An Investment Vehicle

Don't Use Insurance As An Investment Vehicle - For the most part many of us carry insurances that we don't need to. You should never use whole life insurance...

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Widow-and-orphan stock

Widow-and-orphan stock - This is a stock that has been invested in very safe companies. They often pay out a large dividend and owners of this kind of stocks usually do not sell them very fast. The name widow-and-orphan stock implies that the owner of the stock is often survived by his widow, and in this way he could provide her with a steady income, even after his passing. It is a kind of financial security when someone has a stock like this, and if the companies will do well, it would stay that way for a very long time.

 

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Definition of the Day Tax Credit

Definition: Tax credits are credits that reduce a person's tax liability by an amount equal to the tax credit. Advice: Tax ...

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