O'Reilly logo

Investment: An A-Z Guide by Philip Ryland

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

K

Keogh plan

A US tax shelter for self-employed people saving for their retirement. As at 2008, someone who is self-employed can put 20% of their income up to a maximum $46,000 into a Keogh plan. Contributions are tax deductible, although proceeds cannot be withdrawn without penal tax rates until the plan member is 591⁄2 or becomes disabled. Common STOCKS, BONDS and MUTUAL FUNDS are all eligible for inclusion in the plan and the income accrues tax free until it is withdrawn.

Kondratieff cycle

A long-term cycle in economic activity identified by Nikolai Kondratieff, a Russian economist. By studying the economies of the UK, the United States and France, Kondratieff suggested cycles of 48–54 years’ duration which were driven by long-term ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required