FEDERAL RESERVE BANK OF CHICAGO
The 7h district Federal Reserve Bank, which is located in Chicago.
Currency which can be easily and readily bought or sold for another currency without government restrictions. Also known as hard currency.
Nominal Interest Rate
The interest rate before taking inflation into account. The nominal interest rate is the rate quoted in loan and deposit agreements. The equation t ...
Automated Clearing House - ACH
A fund transfer system that deals with direct deposit, payroll, consumer bills, tax refunds, and many more payment services.
Flipping refers to a real estate investment strategy where investors buy properties and then sell them for a profit.
Tax-liability rule stating a portion of the death benefit is considered an ordinary income and subject to taxation if a life insurance policy is so ...
Contending with Unfair Labor Practices in Workplace
Valerie has been working in a telecommunications company for 15 years. But all of a sudden, she lost her job for joining a union in her workplace. ...
Can Traders Depend on the Swiss Franc?
A safe haven investment can withstand any market turbulence. That is why in times of market downturns, investors look after these instruments to li ...
If you think 401k is enough think again
One of the most common retirement savings plan is the 401(k) which enables employees to make contributions from salary deductions on either a post ...
A Look Inside the Minds of Luxury Buyers
Owning something from a renowned or availing the services of a prominent entity has been a new trend in today's age. Gone were the days when ma ...
Fundamentals of Building Your Trading Plan
Just like any other aspects in the financial world, you need to have a pattern to guide your decisions and moves. When it comes to trading, not hav ...
SEE FOREX TUTORIAL
Featured Investment: Annuity
Featured Investment: Annuity Investments are what trading is all about. And knowing about the various a ...
Buying a Home: Finding the Best House
Nothing can stop you from looking for the home of your dreams. Even though you have no agent, you can do your own diligence. Drive around neighborh ...
Digesting Financial Statements: Earnings
For assessing how a company performed in a given period, the relation between income and cash flow statements should be taken into account. Several ...
Digesting Financial Statements: Long-Lasting Assets
Long-lived assets, also known as non-current assets, is any asset a company expects to keep for at least one year. Such assets are expected to boos ...
Buying a Home: Determining the Amount You Can Afford
You have decided to buy a house, choose the best location, and select a home suitable for you needs. It is high time to determine the amount you ca ...
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