CONSUMPTION SMOOTHING
Financial planning process in which individual attempt to maximize their lifetime standard of living by ensuring a balanced spending during their earning years. Those who overspend and did not save for retirement often have to work longer to cut down their standard of living in retirement. Conversely, those who oversave will enjoy a better retirement. In general, the overall standard of living is less than optimal.
POPULAR TERMS
Retaliatory Eviction
It occurs when a landlord takes revenge against the actions of a tenant by evicting, or failing to renew the lease of that tenant.
Variable Overhead
Variable Overhead refer to indirect costs that fluctuate, depending on the level of activity in a particular business operation, but are neverthele ...
Currency Option
Contract which gives the holder the right to purchase or sell currency at a given exchange rate over a specified time period. A premium is paid off ...
Quick-Rinse Bankruptcy
A bankruptcy procedure that is faster to resolve than a regular bankruptcy procedure. This procedure skips the court which would have delayed the p ...
Employment Cost Index - ECI
Quarterly report measuring the growth of employee compensation such as wages and benefits. Compiled by the US Department of Labor’s Bureau of ...
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SEE FOREX TUTORIAL
Digesting Financial Statements: Working Capital
Analysts and investors look at the working capital and its trends to measure a company’s financial performance. This metric determines a busi ...
Buying a Home: Looking for an Agent
You will need to find an agent if you want to purchase your dream house. These agents are the only ones who have access to lock box codes, which ar ...
So You Want A Job in Financial Careers: A Guide
In this tutorial, we will explore the different kinds of financial careers, the various basics of the financial industry, what you need to do in or ...
An Introduction to Insurance
Most people in the world own insurance. Insurance take a lot of forms such as medical insurance, automobile insurance, and the most common of them ...
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 04:00 | Real GDP | 3 quarter | |
| 04:00 | Fixed Asset Investment | Sep | |
| 04:00 | Industrial production | Sep | |
| 04:00 | Retail Sales | Sep | |
| 04:00 | Unemployment Rate | Sep | |
| 04:00 | NBS Press Conference | ||
| 08:00 | PPI | Sep | |
| 10:00 | Current Account (sa) | Aug | |
| 14:30 | Industrial Product Price Index | Sep |
