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Tip of the Day Be Patient

Be Patient - Your friend has just gone out and bought a state of the art computer with all the bells and whistles and after looking at your slowpoke old...

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Avoid Fees

Avoid Fees - When using long-term investments as a money-earning vehicle, it is wise to remember that any returns that are made on that money must deduct any fees paid to have a broker do the investments for you. These brokers normally have very high commissions; therefore, you are likely to find that your return on the investment barely pays them, let alone you. You should, at any cost, avoid paying fees when making investments and choose options that have guaranteed returns, but allow you to handle them personally...like savings accounts, savings bonds, Long term GlC's, etc.

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There are many people who take long-term investments in order to pay for a particular property. It is better to note that you should not pay any fees to the broker. It is just a wastage of money for you.

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Definition of the Day Management Fee

Management Fee – A management fee is a charge that is assessed by a given investment manager of a specific investment fund. It is for the compensation due to said manager in return for all the time and services they have provided for overseeing the fund. Said fees are normally...

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