MORTGAGE INTEREST DEDUCTION
An itemized deduction which allows homeowners to reduce the interest they pay on any loan used for building, purchasing, or improving their residence. It can also be taken on loans for secondary homes and vacation residences but with some limitations. The amount of deductible mortgage interest is stated annually by the mortgage company on Form 1098.
POPULAR TERMS
Fair Trade Investing
A strategy where investors choose only those companies that promote fair trade with suppliers in developing nations.
Barter
The act of trading services and goods between more than one parties without using any money. Bartering benefits countries and companies which views ...
Rafael Miranda Robredo
Rafael Miranda Robredo was born in Spain in 1949. He became Endesa’s CEO, a Spanish electricity company, in 1997. Before working for Endesa, ...
Oil ETF
Oil ETFs have a great demand from investors as oil is a universal commodity in the modern international economy. Almost every end product used by c ...
Equity Linked Note - ELN
Debt instrument whose return is identified by the performance of an individual equity security, basket of stocks, or an equity index.
POPULAR ARTICLE
SEE FOREX TUTORIAL
A Primer on Retirement Planning
Every person dreams of enjoying their lives once they reach their golden years. Most people desire living in a house with a beach front view or a m ...
How Much Does a Home Remodeling Cost?
If your house can handle a renovation, the next thing you need to find out is the cost of a home remodeling.
You may nee ...
Macroeconomics: A Brief History
Macroeconomics is a branch of study under Economics that deals with the economy’s growth and the way it behaves. It examines nationwide pheno ...
Student Loans: Loan Repayment
Students, soon after your graduation, you need to enter the repayment phase. In other words, you have to start paying off your student loans. This ...
A Guide to Your Personal Income Tax: Papers
Documentation is the most significant part of taxation. If you do not properly account your income and expenses, chances are you will likely miss o ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:00 | Expected Annual Inflation 2y from now | 3 quarter | |
| 07:00 | Economy Watchers Survey | Jul | |
| 07:45 | Unemployment Rate | Jul | |
| 10:30 | Sentix Investor Confidence | Aug | |
| 01:01 | BRC Retail Sales Monitor | Jul | |
| 01:50 | M2 Money Supply + CD | Jul | |
| 02:30 | Westpac Consumer Sentiment | Aug | |
| 03:30 | NAB Business Confidence | Jul | |
| 05:35 | 30-Year JGB Auction | Aug |
