NATIONAL DIAMOND
This is a theory of competitive advantage made by a Harvard Business School professor, Michael E. Porter. It is symbolized visually using a diamond-shaped graphic. The graphic may be used to display the reasons that make up a developed country's competitive advantage in the international marketplace or the aspects that make up a company's competitive advantage within a single country.
POPULAR TERMS
Falling Knife
A slang phrase describing a security the price of which has substantially dropped in a short time.
Marital Trust
A legal arrangement between a trustor and trustee for the benefit of a surviving spouse and the married couple's heirs. Also known as an &ldquo ...
Self-Build Insurance
Self-Build Insurance is an insurance policy whose coverage is active during the construction of a new home, any added structure, renovation, or con ...
Mortgage Equity Withdrawal
Withdrawal of home equity in order to acquire cash through equity loans or credit lines, and cash-out refinances. It is a relative variable in the ...
Specialization
Specialization, in production, is focusing on a particular good or service of a business in order to maximize the efficiency and effectivity of pro ...
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SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Avoid Awful Surprises
Who loves to be surprised by the Internal Revenue Services? No one (unless it is a tax refund). The federal agency has its way of shocking taxpayer ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
Digesting Financial Statements: Long-Lasting Liabilities
Long-lived liabilities refer to obligations which are due more than a year. Some examples of long-term debt include convertible bond and capital le ...
Do I Need to Move Out or Renovate My House?
Before deciding whether to move our or remodel your home, you need to consider some other factors.
Emotional Attachments. You&rs ...
An Introduction to Student Loans
A college education is one of the most essential investment in a person’s life. Unfortunately, in this time and age, it has also become one o ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | Sep | |
| 11:30 | Sentix Investor Confidence | Nov | |
| 01:30 | Westpac Consumer Sentiment | Nov | |
| 01:50 | Current Account | Sep | |
| 01:50 | Bank Lending | Oct | |
| 02:01 | BRC Retail Sales Monitor | Oct | |
| 02:30 | NAB Business Confidence | Oct | |
| 04:00 | Expected Annual Inflation 2y from now | 4 quarter | |
| 05:35 | 30-Year JGB Auction | Nov |


