2009
Top 20 Online Entrepreneur Blogs
Filed Under (Investor News) by Admin on 11-06-2009
Whether our country’s economy is booming or in recession, it always pays to build a side business even if it’s on a part time basis. The main investments needed are interest, sweat, intelligence and some money currency.
With the advent of the Internet and e-Commerce, online entreprenuership has become an attractive option for those who have an entreprenuer bent of mind. The internet has opened up a world of commerce which is accessible with a simple click of a mouse from the comfort of our homes. With easy availability of broadband access in the developed countries, it makes more sense to invest our energies in building an online business. And as our online business expands we can consider making it our full time profession and quit our day time jobs. Slowly we can even consider become Location Independent Professionals (LIP). That will give us the supreme freedom of making a livelihood from anywhere in the world at our own pace and time. It also enables us to unleash our creativity without any bounds. Best of all we will be our own bosses :).
2009
TRADING EXPERIENCE, Trading Article by Daryl Guppy
Filed Under (Finance Help) by Admin on 10-06-2009
Every time I talk to people after a training class I tell them that even though I am teaching knowledge obtained through years of hard work, there’s one valuable part of this knowledge nobody can give to a student. This is experience. Experience doesn’t mean having 2 or 5 or 20 years trading the markets. Experience is not necessarily based on the amount of time you spend in the market. I know traders that have been attempting to trade for years and they have very poor results. Experience is not the amount of time you spend trading the market . Experience is the quality of the time you spend.
Most traders wander through the market. They experience many trades. Some trades are successful and some trades are not successful. These traders never learn anything from any of those events. Without a trading plan to follow , it is difficult to objectively determine what they have learned from their trades. Being able to distinguish between a ‘good’ trade and a ‘poor’ trade is critical in learning from your mistakes. ‘Good’ trades are not necessarily ones that make you money once you exit. ‘Poor’ trades are not necessarily ones that result in losses to your account. A good trade is a trade where the trading plan is followed correctly.
2009
Electronic Deposit Insurance Estimator - Protect your Bank Deposits
Filed Under (Investor News) by Admin on 10-06-2009
Now suppose that we have several deposits at one or more banks and need to find whether all of our deposits are covered by FDIC’s insurance or not. How do we go about this task?
2009
Malaysian Market News Update
Filed Under (Finance Help) by Admin on 10-06-2009
The international reserves of Bank Negara Malaysia amounted to RM322.5 billion as at 29 May 2009, up RM2.1 billion or 0.66% from RM320.4 billion as at 30 April 2009. In US dollar terms, the international reserves of the central bank amounted to USD88.3 billion end May, an increase of USD0.5 billion or 0.57% from USD87.8 billion a month earlier. According to Bank Negara Malaysia, the reserves position as at end May is sufficient to finance 8.3 months of retained imports and is 3.8 times the short-term external debt.
Malaysia’s long-term currency rating has been downgraded from “A+” to “A” by International ratings agency, Fitch. Fitch cited the country’s growing budget deficit as the main concern. In a statement Tuesday, Fitch mentioned that they are expecting the budget deficit to rise 7.7% of the countrys gross domestic product this year. The budget deficit peaked last year when the government announced a RM67 billion economic stimulus package to deal with the global economic slowdown. They also added that Malaysias primary deficit of 6.4% of GDP would be among the worst, after only Latvia, Bahrain, Ireland and Vietnam.
2009
FREE Google Business Cards - New Mantra for Success?
Filed Under (Investor News) by Admin on 09-06-2009
In this canvas, Google is one of the most remarkable and powerful companies. It has set trends by creating innovative ways of connecting businesses with their niche clientele. As a result businesses are also orienting their identities around Google’s search engine and how people can reach them through it. Now a days, some business have taken this concept to the next level by designing their business cards around Google’s Search Engine.
2009
Be extra cautious
Filed Under (Finance Help) by Admin on 08-06-2009
The market once again proved its resilience by inching higher despite lacking positive catalysts for the equity markets and economy. Exports for April declined 26.3% year-on-year and 5.6% month-on-month while imports dropped 22.4% year-on-year but rose 8.8 month-on-month. Total trade in the first four months of this year dropped 24.2% from the same period last year. Market sentiments are mixed and desperately needing stronger catalysts to bring the equity market to new heights. The scenario is the same in other countries.
The recent short term improvement in the economy and weakening US dollar caused commodity prices to increase again. Price of gold soared again to near US$1,000 level. The price of Gold is trading around US$980 per ounce, up US$100 or 10% in a month. Price of crude oil has increased as well. Benchmark crude for July delivery is currently at $68.81 a barrel on the New York Mercantile Exchange. Crude oil price has increased about 37% since last month where price was trading around US$50. Price of crude palm oil traded in Bursa Malaysia is trading at around RM2,600 per metric ton. Two months ago, it was trading around RM1,800.
2009
Which Stock Market Indices to Choose?
Filed Under (Investor News) by Admin on 08-06-2009
June 08, 2009: When we first started investing we got carried away by all the Wall Street hype. Without doing our homework we purchased individual technology stocks. Needless to say it was very risky and unwise to do so. Add to it the high brokerage fees that were prevalent in those days.
We paid no attention to minimizing the management fees and simply went ahead and poured our money into the market! Neither were we aware of the issues involved in market timing.
2009
Weekend Horror Movie - Really Scary One
Filed Under (Investor News) by Admin on 05-06-2009
Coming back to choosing a good horror movie, please help us locate one by suggesting some of the best ones that you have enjoyed. Looking forward towards your responses. Create a nice weekend :).
2009
Price of Gold anticipated to pause briefly
Filed Under (Finance Help) by Admin on 04-06-2009
Two weeks ago I announced that if the market had sufficient strength and momentum to breach R1 (950-960) convincingly, R2 (976) would be the next logical upside target. That target was surpassed and there is now a three month high at 990.
Price is currently at 969.50. I anticipate that gold will pause briefly with sideways activity before a testing the February 20th, 2009, high of 1006. and the March 17th, 2008 high of 1032.50.
2009
Top Traffic Generators for FIRE Finance - May 2009
Filed Under (Investor News) by Admin on 04-06-2009
June 04, 2009: May was an interesting month for us. We got a taste of the recession when we were handed the pinkslip. It was a blessing in disguise since it gave us some precious “free” time to sort out our priorities and design our lives accordingly. With our fingers crossed we are hoping for the best in the months ahead :).
Coming back to blogging, the personal finance blogosphere is increasing every month. More reasons for us to express heartfelt gratitude to our readers for their loyalty. We also thank our fellow brethren for sending people our way via links to our articles. In that light, our top ten traffic referrers for this month are:
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