TOXIC DEBT
Debt which has little chance of being paid back of or repaid with interest. A specific debt is considered a toxic debt either when default rates for a certain debt are in double digits, more debt is incurred than what can be repaid, or the interest rates are subject to discretionary changes. Toxic debts can harm an individual or institution.
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Jingle Mail
A situation where a property owner send his or her house keys to a mortgage lender because of his or her inability to meet mortgage payment obligat ...
Build-Operate-Transfer Contract
Arrangement in which the private sector builds and operates the facility, then relinquishes the ownership to the government. In most cases, the gov ...
Specific-Shares Method
Specific-shares method is a personal financial accounting whose purpose is to cut down realized capital gains for multiple stock or mutual fund pur ...
Karl Albrecht
The German billionaire who owns Aldi Sud, a self-made discount supermarket chain. According to Forbes, he is one of the richest people in the world ...
Mobile Trading
Using a wireless technology in trading securities. It lets investors to access trading platforms using their smartphones. It allows easier access f ...
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SEE FOREX TUTORIAL
An Introduction to Forex Currencies
As the biggest market in the world, the foreign exchange market or forex is also one of the most participated in the world. As such, learning about ...
Digesting Financial Statements: Introduction
Financial statements open a window how healthy a company is (in terms of finances). This document presents the financial activities of a person or ...
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 ...
Digesting Financial Statements: System
A financial statement serves as an avenue for assimilating the overall health of a business. Let’s illustrate the four key steps in a cash-ba ...
Introduction to Inflation
I asked my grandparents about the cost of living during World War II. They told me people during that period could buy a house for $5,000, a car fo ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | ANZ Business Confidence | Nov | |
| 02:00 | MI Inflation Gauge | Nov | |
| 02:30 | Company Operating Profits | 3 quarter | |
| 02:30 | Private Sector Credit | Oct | |
| 03:00 | PMI Manufacturing | Nov | |
| 03:00 | Non-Manufacturing PMI | Nov | |
| 07:00 | Housing Starts | Oct | |
| 09:30 | Retail Sales | Oct | |
| 10:00 | KOF Economic Barometer | Nov |
