CONSPICUOUS CONSUMPTION
Purchasing expensive products or services meant to exhibit an individual’s social status and wealth, especially when the purchased products or services are too expensive for other members of an individual’s class. This is also applicable to any economic class.
POPULAR TERMS
Exchange Rate
Price of a country’s currency relative to another currency. It has two components: domestic currency and foreign currency. It can be quoted e ...
Welfare Loss of Taxation
Welfare Loss of Taxation refers to a declined economic well-being due to the imposition of tax.
University of Connecticut School of Business
The University of Connecticut School of Business is a renowned school of business in Connecticut. The school offers undergraduate, graduate, and do ...
Sir John Templeton
Sir John Templeton is the founder of the Templeton Growth Fund which was one of the first mutual funds to accept global investing and is known to m ...
Overreaction
A market theory that states that investors and traders react excessively to new information about a given security. This will cause the price of th ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Students, How Much Can You Afford to Borrow?
You are about to finish high school. The financial aid office of the university you are considering gave you a financial aid. You are also qualifie ...
Buying a Home: Finding the Best House
Nothing can stop you from looking for the home of your dreams. Even though you have no agent, you can do your own diligence. Drive around neighborh ...
Ethical Investing: Its Advantages and Disadvantages
Believe it or not, ethical investing comprises a huge emotional component. Investors are human; therefore, they let emotions drive their decisions. ...
Retirement Planning: Creating a Nest Egg
Last time, we discuss the different income sources for building a retirement fund. We shall now tackle the ways to create a retirement nest egg.
How Do You Intend to Live?
How do you want to live?
You are no longer happy with the current state of your home. So you are mulling the idea of moving out or remode ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
06:30 | Tertiary Industry Index | Mar | |
02:30 | Westpac Consumer Sentiment | May | |
03:30 | Monetary Policy Meeting Minutes | ||
05:00 | Credit Card Spending | Apr | |
08:00 | PPI | Apr | |
10:00 | Current Account (sa) | Mar | |
11:00 | Current Account (sa) | Mar | |
12:00 | CBI industrial order books balance | May | |
14:30 | Consumer Price Index | Apr |