A good that is not needed for living but esteemed as highly desired in a culture or society. The capability to buy or finance a luxury item is directly commensurate to an individual’s assets or income. As people move into greater income brackets, they can able and more likely to purchase more expensive luxury items.
Aso known as positional goods, it signifies the owner has acquired a certain position or status in the society to be able to purchase them.
Growth at a Reasonable Price - GARP
Why Invest in Bonds?
Practice Tax-Efficient Investing to Optimize Returns
Delve into Mortgage-Backed Securities
Leave Your Day Job to Trade Stocks?
Can a Bad Roommate Negatively Affect a Credit Score?
SEE FOREX TUTORIAL
Principles of Trading: Introduction
Retirement Planning: Last-Minute Preparation
How Do You Intend to Live?
Buying a Home: Choosing the Best Location
Digesting Financial Statements: Introduction
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