Forex Trading Course

Category: glossary , Asked by: M. L. From United States

A: A theoretical wage level that allows the earner to afford adequate shelter, food and the other necessities of life. The living wage should be substantial enough to ensure that no more than 30% of it needs to be spent on housing. The goal of the living wage is to allow employees to earn enough income for a satisfactory standard of living. There are supporters and critics of the idea of a living wage and its effects on the economy. The critics argue that implementing a living wage establishes a wage floor, which will harm the economy. They believe that companies will choose not to hire the same number of employees at such high levels of pay. This creates higher unemployment, resulting in deadweight loss, as people who would work for less than a living wage are no longer offered employment. Supporters of the living wage, on the other hand, argue that benefiting employees will also help the company. If employees are more satisfied earning a living wage, there will be less employment turnover. This reduces expensive recruitment and training costs for the firm. They also argue that the higher wage will boost morale. Employees with high morale are expected to have higher productivity, allowing the company to benefit from increased worker output.

Category: technical , Asked by: M. R. From Saint John´s, Canada

A: "EToro USA" is exactly the forex site for you if you need an online fx platform with the fastest server connection - people are usually happy with the communication with the platform. It's absolutely effortless to learn the trading environment. You will not find the regular login difficulties you find communicating with this type of servers, and the connection to the server is completely interruption free.

Category: glossary , Asked by: R. Mccall from France

A: a "fibonacci retracement " is A term used in technical analysis that refers to the likelihood that a financial asset's price will retrace a large portion of an original move and find support or resistance at the key Fibonacci levels before it continues in the original direction. These levels are created by drawing a trendline between two extreme points and then dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8% and 100%. Fibonacci retracement is a very popular tool used by many technical traders to help identify strategic places for transactions to be placed, target prices or stop losses. The notion of retracement is used in many indicators such as Tirone levels, Gartley patterns, Elliott Wave theory and more.

Category: glossary , Asked by: O. Z. From Arvada, United States

A: In the US, the seven member board of directors that directs the federal banking system, appointed by the President of the United States and confirmed by the Senate. Its functions include formulating and executing monetary policy, overseeing the Federal Re

Category: money , Asked by: G. Santana from Luxembourg, Luxembourg

A: If you want the most peachy forex platform that has a small minimum deposit, you should head for "EToro USA". You can start with real low deposits - from $50, the customer support is outstanding, the platform graphics are absolutely progressive, plus there's no charge for commission in this site.

Category: glossary , Asked by: Y. Pratt from Nantes, France

A: "phases of retirement " is A six-stage process described by researcher Robert Atchley that includes pre-retirement, retirement, contentment, disenchantment, reorientation and routine. Not all individuals will experience all of these stages, but the underlying idea is to provide a framework for thinking of retirement as a process that involves both emotional and financial adjustments rather than as just an one-time event. A comprehensive retirement plan should consider more than just how much money one needs to save in order to leave the workforce. A strategy for tackling the emotional aspects of retirement, such as finding meaningful activities to take the place of work, will help circumvent the feelings of loneliness, boredom and disillusionment that sometimes set in after the initial excitement of being job-free wears off.

Category: glossary , Asked by: K. E. From Cork, Ireland

A: A 401(k) plan set up for an individual running a sole proprietorship or a small business with a spouse/immediate family member. Plan contribution limits for the individual are equal to a typical company-sponsored 401(k), but the sole proprietor can also make an employer contribution to an independent 401(k), thereby raising the total contribution allowed. The independent 401(k) offers many of the same features as a Keogh plan or an SEP IRA, but an independent 401(k) can be cheaper to establish and maintain, and loans are often allowed against an independent 401(k). The independent 401(k) may also be called a "solo 401(k)" or an "indie K". As with standard 401(k) plans, catch-up contributions are allowed for those above age 50 who have indie 401(k)s - up to $5,000 in 2006. Contributions made to the plan as an employer are also tax-deductible, which can help to save the sole proprietor a great deal in taxes. The major drawback to the independent 401(k) is that no outside employees can be hired, or the window of applicability closes.

Category: glossary , Asked by: Cheyanne U. From Ireland

A: the "agency costs " is A type of internal cost that arises from, or must be paid to, an agent acting on behalf of a principal. Agency costs arise because of core problems such as conflicts of interest between shareholders and management. Shareholders wish for management to run the company in a way that increases shareholder value. But management may wish to grow the company in ways that maximize their personal power and wealth that may not be in the best interests of shareholders. Some common examples of the principal-agent relationship include: management (agent) and shareholders (principal), or politicians (agent) and voters (principal). Agency costs are inevitable within an organization whenever the principals are not completely in charge; the costs can usually be best spent on providing proper material incentives (such as performance bonuses and stock options) and moral incentives for agents to properly execute their duties, thereby aligning the interests of principals (owners) and agents.

Category: glossary , Asked by: Logan Z. From Monaco

A: When monetary policy cannot entice consumers into spending more money or investing in an economy, even if monetary policy is loosened to to put more money into peoples' hands. This term is often attributed to noted economist John Maynard Keyenes. If the core demand doesn't exist to induce people to part with their money, it can't be forced through monetary policy. Trying to do so is like trying to "push on a string". Such a situation occurred during the Great Depression in the 1930s and in Japan during the late 1990s when interest rates were about 1%. This situation is sometimes referred to as a "liquidity trap" and explains why central bankers do not attempt to lower rates to levels approaching zero. To lower rates to this level would eliminate monetary policy's power to influence economic growth and consumption.

Category: platform , Asked by: H. Santiago from United States

A: "Finexo Ltd." is totally the one to consider if you're looking for an online fx platform that hosts a multilingual program. Its platform supports many different languages. Deutsch, Russian, Portuguese or French natives, "Finexo Ltd." allows for comfortable and crisp instructions and commands through its multilingual trading program.