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By Leigh Page

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Extra resources for An introduction to electrodynamics from the standpoint of the electron theory

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Wait," you say, "Didn't you tell me in the last section that the price of stock will almost always go up eventually? So, I should just hold on to those options until such time as the stock does finally go up. " Well, in theory the answer is yes. But to even the playing field, options have a limited time within which they must be exercised, or else they expire. The date when they expire is known as the expiration date. Although this term is not a particularly technical one, it is worth noting because it does limit the time within which an investor has a chance of making money off the option.

The investor is directly responsible for the decisions concerning his or her own money and investments. I l@ve RuBoard I l@ve RuBoard Educate Yourself The irony of the brokers and brokerage houses is that they create the need for an investor to educate him- or herself further regarding money management. This is a good thing. Depending on what type of brokerage service you select, minimum or maximum, you as the investor are ultimately responsible for ensuring your money is being effectively managed and you are being appropriately charged.

The Chicago Board of Trade, for example, deals almost exclusively with the exchange of grain futures. The New York Cotton Exchange deals with cotton, of course. These specialty markets rarely make for exciting financial news, yet the Chicago Board of Trade, for example, is one of the most important exchanges in the world. A day's activity here could determine changes in the consumer price index, an indicator that measures the percentage of change of the cost of goods and services in well-developed nations and that also measures the end or beginning of famine in emerging markets.

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