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Homes in neighborhoods with access to top schools tend to cost significantly more than a typical home in the surrounding area.
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Overreacting to market movements or trying to “time the market” by guessing its future direction can create additional risk that could negatively affect long-term portfolio performance.
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Closed-end funds are considered to carry higher risk but may provide a higher income stream than traditional mutual funds holding similar securities.
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Condominiums are generally priced lower than single-family homes, but condo ownership comes with some special costs and financial implications.