KNOW YOUR CLIENT - KYC
A standard policy in the financial industry that requires brokers to know detailed information about the risk appetite, investment knowledge, and financial position of their clients. It aims to protect both clients and investment advisors. Clients are protected because their investment advisor will know what investments best suit their personal conditions. Investment advisors are secured by determining what they should and should not include in their client's investment portfolio.
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Retirement Contribution
A contribution to a retirement plan. It may be pretax or after tax, depending if the plan is qualified, how much the contribution is in relation to ...
Credit Card Teaser Rate
Lower interest rate imposed to a new cardholder over a set period. Credit card companies use this tool to attract new clients. As per the CARD Act ...
Grading Certificate
Document issued by inspectors or an approved grading panel, stating the quality of a commodity. It is significant since a commodity must be declare ...
Environmental Economics
Economic field studying the economic impact of environmental policies. Environmental economists conduct studies to identify the empirical or theore ...
Trickle-Down Effect
Phenomenon in which an advertisement is rapidly circulated through word of mouth or viral marketing. It works when an ad is too compelling due to i ...
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SEE FOREX TUTORIAL
Defining Inflation
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
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 ...
An Introduction to the Basics of Economics
Economics, as defined by the dictionary, is the science that is concerned with the process or system by which goods and services are produced, sold ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
Student Loans: Consolidating Federal Loans
If you find it difficult to monitor and pay the student loans on your own, and want to reduce your monthly payment and lengthen the repayment sched ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
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07:00 | Economy Watchers Survey | Jan | |
11:30 | Sentix Investor Confidence | Feb | |
01:30 | Westpac Consumer Sentiment | Feb | |
02:01 | BRC Retail Sales Monitor | Jan | |
02:30 | NAB Business Confidence | Jan | |
13:00 | NFIB Small Business Index | Jan | |
15:30 | Building Permits | Dec | |
17:00 | Federal Reserve Chairman Jerome Powell Speaks | ||
22:30 | FOMC Member John C. Williams Speaks |