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Tip of the Day 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...

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Negotiate the Selling Price

Negotiate the Selling Price - You have your down payment in place and you know how much you can spend to purchase your new home, but that doesn't mean you have to spend as much as you can. In fact, why be mortgage poor if you don't have to. So when planning to make a purchase never offer what the person selling the home is asking. Usually $10,000 less is a great place to start, remembering of course that the seller can counter that and ask for more. The trick is to meet somewhere in the middle where both parties are happy, but the less you pay, the less mortgage debt you must carry.

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Definition of the Day Quick Ratio

Definition: A ratio that measures a company's ability to meet its current liabilities with its liquid assets. TeenAnalyst Advice: It's important that a company be able to pay their debts and other ...

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