HEDONIC TREADMILL
The tendency of a person to remain at a relatively stable level of happiness despite a change in fortune or the achievement of major goals. According to the hedonic treadmill, as a person makes more money, expectations and desires rise in tandem, which results in no permanent gain in happiness.
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Pension Maximization
This is used by a married couple who purchases single life annuity for the older spouse and a joint life annuity for both of them. In case the youn ...
Change
In options or futures contract, the difference between the current price and the previous day’s closing price.
Smeal College of Business
Smeal College of Business is the Penn State University’s school of business. It offers undergraduate, graduate, and doctoral programs in vari ...
Purple Chip Stock
A term coined by portfolio manager John Schwinghamer in his book "Purple Chips: Winning in the Stock Market with the Very Best of the Blue Chi ...
Cash Investment
Short-term obligations, normally less than 90 days, providing return through interest payments, Generally, it offer a low return unlike oth ...
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SEE FOREX TUTORIAL
Ethical Investing: Knowing Human Rights and Workers` Rights
Ethical investors want to know how corporations treat people, specifically their workers. They depend on the UN Universal Declaration of Human Righ ...
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.
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
“ ...
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 ...
Buying a Home: Looking for an Agent
You will need to find an agent if you want to purchase your dream house. These agents are the only ones who have access to lock box codes, which ar ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Industrial Production | Apr | |
| 08:30 | Producer & Import Prices | May | |
| 11:00 | Industrial Production | Apr | |
| 14:30 | Manufacturing Shipments | Apr | |
| 15:30 | Leading Indicators | Apr | |
| 00:45 | Food Price | May | |
| 03:30 | Monetary Policy Meeting Minutes | ||
| 03:30 | House Price Index | 1 quarter | |
| 06:30 | Tertiary Industry Index | Apr |
