MORGANIZATION
Monopolization scheme employed by American financier, banker, philanthropist, and art collector John Pierpont Morgan in the 19th century. J.P. Morgan used his reputation to lure European backers into investing in the United States by taking over an industry and stabilizing it via monopoly. He then turned the industry into a single, profitable, and stable entity that was much more agreeable to European financiers.
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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
Buying a Home: Choosing the Best Location
The first consideration when buying a new house is choosing the place where you want to live, regardless if this will serve as an investment or upg ...
A Guide to Your Personal Income Tax: Steps to Take before April 15
Taxpayers, remember these two dates when filing your tax return: December 31 and April 15. We have previously discussed what to do before the year ...
Buying a Home: Selecting a House Suitable for Your Needs
After choosing the best location of your new house, it is about time to decide on the home that you want. Basically, there are three types of homes ...
A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
Income Sources for Creating Retirement Fund
We have already tackled the overview of retirement, its significance, and allocating money for it, the next we are about to discuss is looking for ...
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 |
