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How to Calculate the Internal Rate of Return of an Annuity

At first glance, a guaranteed income of $8,400 per year appears to be equivalent to an 8.4% rate of return. The annuity’s marketing material would likely refer to 8.4% as the current immediate annuity rate or the annuity payout rate. And, yes, the annuity pays out 8.4% of his investment amount each year. But each…

What is the US Dollar Index DXY & How to Trade It?

The US Dollar index chart can be used not only for assessing the current USD trend but also for finding additional trading signals. Since many traders and investors both keep track of the US Dollar index and trade it (using futures and options), support and resistance levels, as well as price patterns on the US…