GOAL SEEKING
Act of finding the right input when only the output is known. For instance, an entrepreneur would like to know the money he needs to earn per hour to gross $300,000 annually. He has to work backwards to figure out the desired input by knowing the hours he can spend and willing to work in a year. Then, he has to know the amount he has to earn per hour, not to mention other factors which can affect the final output.
POPULAR TERMS
Clearing Fee
Fee a clearing house charges for its services. Often associated with futures trading, it include both brokerage fee and clearing fee.
Real Estate Investment Trust - REIT
A security that sells like a stock on the major exchanges and invests in real estate directly, either through properties or mortgages. REITs receiv ...
Sweetheart Deal
Agreement, merger, or sale in which one party offers the other party a very appealing terms and conditions. Normally, the terms and conditions are ...
Filing Status
A category that determines the type of tax return form a person will use.
The five filing statuses are:
Single filer
Electronic Funds Transfer Act
Federal law which gives protection to consumers engaged in transferring funds through electronic methods. The methods include debit cards, automati ...
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SEE FOREX TUTORIAL
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
Student Loans: Private Loans
Majority of students consider federal loans as their first borrowing choice. But this loan may not be able to shoulder an entire tuition, not to me ...
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 ...
What is the Standard Moving Cost?
You concluded remodeling is expensive upon considering all important factors. So you decided to move to another house instead. But, is moving less ...
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 ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Mar | |
| 04:00 | Fixed Asset Investment | Feb | |
| 04:00 | Industrial production | Feb | |
| 04:00 | Retail Sales | Feb | |
| 04:00 | Unemployment Rate | Feb | |
| 04:00 | NBS Press Conference | ||
| 14:15 | Housing Starts | Feb | |
| 14:30 | Retail Sales | Feb | |
| 14:30 | NY Fed Empire State manufacturing index | Mar |
