Term of the day

Term of the day

Consumer Surplus

Economic metric of consumer satisfaction, computed by determining the difference between the amount of money consumers are willing to pay for a product or service relative to its market price. It occurs when the customer is wil ...

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InstaForex
Building Wealth
Building Wealth
Who Covers FDIC When it Falls?
The Federal Deposit Insurance Corporation (FDIC) upholds public confidence in the US financial system. But what if FDIC falls as a result of bank collapses? Who will back up the corporation?   Federal Deposit Insurance Corporation Established in 1933, the FDIC’s primary responsibilities include insuring the deposits, and protecting the d[#ret]epositors in insured banks and thrift institutions.
Finance for Individuals
Finance for Individuals
Road to Becoming a Managing Director
It takes a bachelor’s degree, a two-year internship, an MBA program, and at least an excellent work experience to become a managing director in a bank. An average investment banker works betw een 90 and 119 hours a week, equivalent to more than 16.
Financial Literacy
Financial Literacy
Signs of Economic Recuperation
How will you know if an economy is on the road to recovery? This article will outline the signs of economic recuperation. Employment Normally, when people are r eporting back to work, that is a sign of economic recuperation.
Investment Instruments
Investment Instruments
Secret to Prosperous Currency Trading
Traders, do you want to know the very secret to successful currency trading? Limit the downside. You may think it is as simple as cutting the losses off quickly and not letting the profits run. But there’s more to that.
Money Smart
Money Smart
Retirement Planning of Gen Xers
The Generation X, the people born between 1965 and 1980, has a different perspective when it comes to retirement planning. For them, golden year marks an evolution in another field, not taking care of their family or living in a warm-weather climate.
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