Make sure you are at least 35 years old and born in the United States. You must also have lived 14 years in America to run for President. (If you are not 35 yet, you can start planning early!). 1  There is no way around this. 2  No, Barack Obama was not born in Kenya.
What is 'Purchasing Power'. Purchasing power is the value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you would be able to purchase.
Buying power, also referred to as excess equity, is the money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available. For example, if you have $1,000 cash in a margin account and the maximum margin rate is 50%, then your total buying power is $2,000.