PONZI SCHEME
An investment scam which promised high rates of return with only little risks to investors. The Ponzi scheme generates returns for older investors by getting new investors. This scam in fact yields the promised returns to previous investors, as long as there are more new investors. These schemes usually collapse on themselves when the new investments stop.
POPULAR TERMS
Tip From a Dip
Advice from an individual who claims to have an inside information but actually does not have the details. Also called tipster or tipper.
Allied Lines
An allied line is any kind of a property-casualty insurance that is related close to fire insurance coverage. A standard fire insurance policy has ...
Unemployment
Unemployment occurs when a person who is actively seeking for a job is unable to find one.
Federal Poverty Level - FPL
The minimum amount of gross income that a family needs for food, clothing, transportation, shelter and other necessities. In the United States, thi ...
Crystallization
Process of selling and purchasing stocks almost at the same time in order to either escalate or decrease book value. Several investors and firms em ...
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SEE FOREX TUTORIAL
Digesting Financial Statements: Earnings
For assessing how a company performed in a given period, the relation between income and cash flow statements should be taken into account. Several ...
A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
Student Loans: Repayment in Times of Financial Difficulty
One day, you are in the middle of a financial hardship. Unfortunately, you still have student loans to pay. What will you do? In times like these, ...
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 ...
Principles of Trading: Risk Management
It is imperative for traders to master risk management, which includes knowing how much you could lose per trade or over time and evaluating the pe ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Mar | |
| 02:00 | ANZ Business Confidence | Mar | |
| 02:30 | Private Sector Credit | Feb | |
| 03:30 | PMI Manufacturing | Mar | |
| 03:30 | Non-Manufacturing PMI | Mar | |
| 07:00 | Housing Starts | Feb | |
| 08:00 | Retail Sales | Feb | |
| 08:00 | Import Price Index | Feb | |
| 10:30 | Mortgage Approvals | Feb |
