Term of the day
Same-day settlement of a trade in the forex market, meaning delivery and settlement of the transaction happen on the same date the trade is made. The position must be opened and closed within the same trading day for ca ...
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Investing strategy in which an investor or investment manager attempts to attain returns similar to the performance of a benchmark index without ex ...
Order to buy or sell a stock above the stock’s market price. Trading companies use these quotes when they don’t want to trade at specif ...
Swing for the Fences
Expression used to describe huge returns in the stock market. Investors aiming to swing for the fences are endeavoring to reach a financial home ru ...
Working class individual that perform manual labor and is paid per hour. In history, manual laborers wore blue shirts, which could hold a slight du ...
A trader restricted to instituting trades for the clients of a firm and unable to trade with own accounts of his or her firm.
Finance for Individuals
How Millennials Handle Money
More often than not, millennials are considered materialistic and spoiled. People believe this generation has a sense of entitlement. However, millennials believe they cannot achieve majority of th eir financial goals such as landing their dream job and buying their own house.
New Investing Habits for 2017
Aside from jotting down a resolution to start fresh by next year, another important consideration is taking a review of your investments. Have you met your goals regarding wealth building, and incr easing your net worth? If not, or if you think your efforts are still lacking, it would be a good idea to follow a guideline for your new set of rules as a more efficient investor.
Taxation in Finance
Filing Your Child`s 1st Income Tax Return
Parents have to make a lot of milestone decisions when their children enter adulthood in order to make their children independent and responsible. But there’s a particular milestone every par ent must face – filing the first income tax return under a child’s name.
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