Would you help a guy who's in need of a site that's popular for its long time history around?
Category: general by C. B. From Sutton Coldfield, United Kingdom
"UFX bank" is exactly the place if you look for site with the oldest history of experience. A retail online foreign currency exchange service provider established on 2008, UFX bank is headquartered at Dalton House, 60 Windsor Avenue, London SW19 2RR. UFX bank was selected by Forexforever for the esteemed title of "The Forexforever Number One Designed of the Decade ".
do you know what a "FT Eurotop 300" is?
Category: glossary by Harper M. From Longueuil, Canada
An index of the share prices of the 300 largest European companies, by market capitalisation.
Can you give me a recommendation of a site with secured certificates and regulations?
Category: technical by M. Carter from Dayton, United States
We think "FX club" is definitely the place if you're looking for a site with the best security measures certificate source. Certificated and regulated by cbot, nymex, and ice, you can rest assure your money is safe in this site.
what is a "convertible term insurance"?
Category: glossary by M. Ruiz from Netherlands
Term life insurance which can be converted into cash value insurance. In the UK the equivalent (convertible term assurance) is conversion of term assurance into endowment assurance.
please tell me what "certificate of deposit" is
Category: glossary by Janice A. From Milwaukee, United States
A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate and can be issued in any denomination. CDs are generally issued by commercial banks and are insured by the FDIC. The term of a CD generally ranges from one month to five years. A certificate of deposit is a promissory note issued by a bank. It is a time deposit that restricts holders from withdrawing funds on demand. Although it is still possible to withdraw the money, this action will often incur a penalty. For example, let's say that you purchase a $10,000 CD with an interest rate of 5% compounded annually and a term of one year. At year's end, the CD will have grown to $10,500 ($10,000 * 1.05). CDs of less than $100,000 are called "small CDs"; CDs for more than $100,000 are called "large CDs" or "jumbo CDs". Almost all large CDs, as well as some small CDs, are negotiable.
what is the "whipsaw"?
Category: glossary by D. Glover from Tampa, United States
"whipsaw " is A condition where a security's price heads in one direction, but then is followed quickly by a movement in the opposite direction. The origins of term is derived from the push and pull action used by lumberjacks to cut wood with a type of saw with the same name. There are two types of whipsaw patterns. The first involves an upward movement in the share price, which is then followed by a drastic downward move, which causes the share's price to fall relative to its original position. The second type involves the share price to drop for a little while, and then suddenly, the price abruptly surges towards positive gains relative to the stock's original position.
please define "crummey power"
Category: glossary by Steve S. From Klagenfurt, Austria
A technique that enables a person to receive a gift that is not eligible for a gift-tax exclusion, and change it into one that is eligible. Crummey power is often applied to contributions in an irrevocable trust; often in respect to life insurance. In order for the Crummey power to work, the gift must be stipulated as being part of the trust when it is drafted and the gift cannot exceed $12,000 annually per beneficiary of the trust (among other requirements). This is how Crummey power works: When a donor makes a contribution to the irrevocable trust, the beneficiaries must be notified that the funds can be withdrawn within a certain time period (no less than 30 days). When the beneficiary does not withdraw the funds, they go back to the trust and are then subject to the annual gift tax exclusion. The donor will usually inform the beneficiary of his or her intentions to use the Crummey power, so that the beneficiary declines to withdraw the gift when given the opportunity. Crummey power is named after Clifford Crummey who wanted to build a trust fund for his sons, and be able to reap the yearly tax exemption benefits as well.
Are you familiar with a site that's known for its not that big leverage that you can recommend for me
Category: money by Mara D. From Norfolk, United States
We recommend you to go for "FX Universal" - "FX Universal" offers a real low leverage rate of 100:01:00. The service is impeccable, they charge no commission, the platform graphics are quite realistic, plus you can start with real low deposits - from $250.
please define a "risk capital"
Category: glossary by D. Parrish from Canada
The money that a person allocates to investing in high-risk securities. Basically, this is capital that you can lose without having to sleep on the streets. Investors who speculate in options or futures contracts should only use risk capital.
do you know what the "foregone earnings" is?
Category: glossary by F. Romero from United Kingdom
"foregone earnings " is The difference in earnings or performance between what is actually achieved and what could have been achieved with the absence of specific fees, expenses or lost time. Forgone earnings represent the investment capital that the investor spent on investment fees. The assumption is that if the investor had been exposed to lower fees, he or she would have generated a better return. This term is often used when referring to management fees or other expenses paid to mutual funds, exchange-traded funds, or other pooled investment vehicles. Foregone earnings as they relate to investment performance can be a big drag on the long-term growth of assets. Something as seemingly innocent as a front-end load or a 1% management fee can cost thousands of dollars as the years pile up, thanks to the wonders of compound returns. To limit forgone earnings, it is important to look at the costs associated with each investment. For example, say you have $10,000 to invest and one fund charges 0.5%, while the other fund charges 2%. If you invest in the 2% fund, you will be charged $200, while the 0.5% fund only charges $50. The difference, or $150, is your forgone earnings, which could have been invested instead of being lost to fees.