ACQUISITION DEBT
A financial obligation obtained through the improvement, construction, or purchase of a secondary or primary residence. One of the examples for acquisition debt is home mortgage. The Internal Revenue Services (IRS) gives certain tax advantages for those who have home acquisition debt. The taxpayers can subtract the interest paid throughout the tax years for mortgages which qualifies as a home acquisition debt. The IRS acknowledge home acquisition debt as any mortgage acquired after October 13,1987 that was used to build, buy or significantly improve a primary or secondary home. The home also secures the mortgage.
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Interstate Commerce Commission - ICC
First independent regulatory agency within the US Department of Congress that regulates pricing of the movement of goods throughout state lines. It ...
Economic Conditions
Status of the economy within a region or country. Economic conditions change over time along with the economic and business cycle, as its goes thro ...
Short Gold ETF
Short Gold ETF is an exchange traded fund whose purpose is to profit from gold prices that are negative. It is also referred to as inverse gold ETF ...
Academy of Accounting Historians
This is a nonprofit organization that conducts researches about the changes that happened in accounting principles and guiding rules over specific ...
Ax
An ax is the market maker central to the action of a specific security price. S/he can be identified by studying the level II quotes for several da ...
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SEE FOREX TUTORIAL
Ethical Investing: Leaving an Ethical Imprint
After selecting the rightful ethical investments and making it work, it is about to decide how to disburse your assets after you die. You have two ...
Retirement Planning: Creating a Nest Egg
Last time, we discuss the different income sources for building a retirement fund. We shall now tackle the ways to create a retirement nest egg.
An Introduction to Student Loans
A college education is one of the most essential investment in a person’s life. Unfortunately, in this time and age, it has also become one o ...
An Introduction to Ethical Investing
Ethical investing is, simply put, investing while taking into consideration your personal beliefs or your ethics. Because it is personal, it means ...
Starting Your Own Small Business: Choosing What You Want to Sell
Some people say that the only real way to get rich is by starting your own business. However, this is untrue; there are a lot of reasons to start y ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Jan | |
| 04:00 | Real GDP | 4 quarter | |
| 04:00 | Real GDP (YTD) | 4 quarter | |
| 04:00 | Fixed Asset Investment | Dec | |
| 04:00 | Industrial production | Dec | |
| 04:00 | Retail Sales | Dec | |
| 04:00 | Unemployment Rate | Dec | |
| 04:00 | NBS Press Conference | ||
| 06:30 | Industrial Production | Nov |
