Term of the day

Term of the day

Cross Elasticity of Demand

Economic concept gauging the responsiveness in the quantity demand of a product related to a change in price of another product. It is positive when two goods are substitutes so the price increase in an item also climbs the dem ...

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InstaForex
Building Wealth
Building Wealth
The Right Investments for Every Life Stage
Are your investments right for your age? Not every investing strategy is suitable for everyone at different life phases. Different person. Different financial situation. Different investing goals.< /p>
Finance for Individuals
Finance for Individuals
Millennials, Are You Pressured about Retirement?
Millennials are dealing with lots of challenges brought by everyday life such as financial challenges. Based on a recent Schwab poll, 38% of 1,000 millennial respondents who own 401(k) said they ar e primarily concerned about not saving enough for retirement.
Financial Literacy
Financial Literacy
Is Infrastructure Spending Really Economic-Friendly?
Majority of proposed solutions or suggestions to prevent economic recession involves heightening public infrastructure expenditures. Probably this is the reason that road across your street is alwa ys under repair, or your monday is heavily burdened again with traffic due to constant transportation fixtures.
Money Smart
Money Smart
Flashback Friday: FAQs about Opening a New Retirement Account
Since today is Friday, we will look back at some questions frequently asked about creating a new retirement account.   Question 1: What are the costs related to opening a retirement account? Several costs determine the amount of money for opening a retirement account.
Taxation in Finance
Taxation in Finance
Lower Your Alternative Minimum Tax Like a Pro
Income taxes are computed in two ways: using the standard tax system and the alternative minimum tax. The alternative minimum tax seeks to ensure taxpayers pay at least the minimal amount of income tax.
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