GAMBLING LOSS
Money lost from games of chance or wagers on events with unsure results (gambling). Such losses can only be claimed against gambling income, which cannot surpass gambling income.
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Traditional Whole Life Policy
Life insurance contract that has no expiration date. Unlike other life insurances, this contract never runs out and provides coverage for the polic ...
Tainted Alpha
Alpha return of a security or portfolio not attributable solely to the money manager or investor because of consequential beta exposure. It occurs ...
Inefficient Portfolio
A portfolio that renders an expected return which is too low for the amount of risk it requires, or a portfolio that gives too much peril for a spe ...
Mixed Economic System
An economic system with features of both capitalism and socialism. It lets a level of private economic freedom in using capital, but also allows fo ...
Montreal Exchange
A derivatives exchange situated in Montreal, Quebec, Canada. It trades futures contracts and options, as well as index options and futures. It is C ...
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SEE FOREX TUTORIAL
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 ...
Renovate or Move?
You have a well-furnished home with a garden full of flowers and plants. Imagine sharing your beautiful abode, which has four bedrooms, a kitchen, ...
A Guide to Your Personal Income Tax: Papers
Documentation is the most significant part of taxation. If you do not properly account your income and expenses, chances are you will likely miss o ...
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
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.
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 00:45 | Visitor Arrivals | May | |
| 04:00 | Industrial production | Jun | |
| 04:00 | Fixed Asset Investment | Jun | |
| 04:00 | Retail Sales | Jun | |
| 04:00 | Unemployment Rate | Jun | |
| 04:00 | Real GDP | 2 quarter | |
| 04:00 | Real GDP (YTD) | 2 quarter | |
| 04:00 | NBS Press Conference | ||
| 08:30 | Producer & Import Prices | Jun |
