LOCAL EXCHANGE TRADING SYSTEMS
A locally initiated and organized economic organization, which allows members to partake in exchanging goods and services, among others. It uses a locally created currency as denominations of units of value that can be bartered or traded in exchange for products and services. LETS members usually view the systems as cooperative and organized system, which maximize purchasing power while benefiting members and the community.
In Toronto Canada, it is called Local Employment and Trading System; while in New South Wales, Australia, it is known as Local Energy Transfer Systems.
POPULAR TERMS
Bailard, Biehl and Kaiser Five-Way Model
A five investor categories model designed by the funds manager Ron Kaiser, Larry Biehl, and Tom Bailard. (BB&K)Bailard, Biehl and Kaiser Five-W ...
Merton Model
A model, developed in 1970s, which evaluates the credit risk of a company’s debt using market information as the basis. Named after financial ...
Franked Dividend
Arrangement in Australia that removes the double taxation of dividends. Dividends are dispersed with tax imputations attached to them. The sharehol ...
Hubris
The characteristic of excessive confidence, pride, or arrogance, which leads a person to believe that he or she can do no wrong. The overwhelming p ...
Forex Market
Forex market is where participants buy, sell, exchange, and speculate on currencies. Forex markets include banks, central banks, commercial compani ...
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SEE FOREX TUTORIAL
Principles of Trading: Risk Management
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A Guide to Your Personal Income Tax: Last-Minute Moves
December 31 is fast approaching. The next thing you know you need to file your income tax return. So before you get swarmed by the hustle and bustl ...
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You’re down to the last four steps to buying your dream house. Now, you need to write an offer and the seller has to accept it. Take into acc ...
Ethical Investing: Instruments for Ethical Investing
The investment instruments available to ethical investors are similar to those available to all other investors, including bonds, exchange-traded f ...
Ethical Investing: Niche Investment Style
Over the past two years, sustainable, responsible, and impact investing (SRI) has grown significantly in the United States. Based on the US SIF Fou ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 23:45 | Retail Sales | 4 quarter | |
| 04:00 | Credit Card Spending | Jan | |
| 11:00 | Ifo Business Climate Index | Feb | |
| 11:00 | Ifo Current Assessment | Feb | |
| 11:00 | IFO - Expectations | Feb | |
| 15:30 | Wholesale Sales | Dec | |
| 16:00 | Leading indicators | Jan | |
| 20:30 | MPC Member Andy Haldane Speaks | ||
| 20:30 | MPC Member Andy Haldane Speaks |
