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Tip of the Day If You Don't Understand How An Investment Works, Don't Buy It

If You Don't Understand How An Investment Works, Don't Buy It - One of the most common mistakes made by people is buying things that they don't understand, and that...

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Save at Least 10% of Your Annual Salary for Retirement

Save at Least 10% of Your Annual Salary for Retirement - No matter what age you are, you should be thinking about your life after retirement. In order to live without changing our standard of living, you need to put away, into either savings or long-term investments, a minimum of 10% of our annual net income. Although this sounds like a lot, it will only cover keeping your comfortable during retirement, so don't scrimp on it, as your health and happiness in your old age could depend upon it. The other thing you need to remember is .. by the time you reach old age, old age security may have be long gone, leaving you to defend for yourself.

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Definition of the Day Non-Callable

Non-Callable - Non-Callable is the bond or the preferred stock, preference share, redeemed by the issuer before its maturity date, or a date specified in the bond indenture or share prospectus, only on the payment of a penalty. Such call fortifications safeguards the holder from loss of interest income caused...

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