Starting A Small Business? Ace these 10 Questions

Filed Under (Investor News) by Admin on 02-07-2009

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]

July 2, 2009: With the growing power of the Internet and e-commerce, it has become easier to own a small business. Consequently the number of small business owners are on the rise. This is really good news since it helps us to be our own boss, do something which we enjoy and also earn a livelihood. Sounds like a win win situation :).

But owning a small business with being fully informed about various legal and tax implications can be disastrous. Thanks to Kiplinger for coming up with a quiz which tests some basic knowledge which all small business owners should know. We fared 8/10. Guess we need to do some more homework before setting up our small business:). Check it out to increase your awareness about small businesses.

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Trading the Crude Palm Oil Futures

Filed Under (Finance Help) by Admin on 01-07-2009

The price of FCPO made a new pivot low after rebounding to a high of RM2,650 per metric ton early June. Since then the price of FCPO fell 19% in one month. FCPO price tested and broken the support level at RM2,350 before closing at RM2,150 on the 22nd of June. However, it rebounded and closed at RM2,317 on the 26th of June. The FCPO is back in a down trend after enjoying an uptrend since the

Renting Versus Owning Costs

Filed Under (Investor News) by Admin on 01-07-2009

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]

Renting Versus Owning CostsJuly 01, 2009: The big debate these days is whether home ownership is still everything it’s cracked up to be. Yes, we still get a tax deduction on the amount of interest we pay, but the building of equity is no longer a given with a home mortgage.

There are many areas around the United States with falling home prices, causing some people to be upside-down on their loans and leaving them unable to sell. On top of that, when we buy a home, we are responsible for the maintenance of our property, both interior and exterior. Many people think that once they buy a home, they will automatically build wealth, however, there are times when renting is better. Anytime we take out a loan, we also have to factor in the costs of carrying that debt even before we start to dream about fat returns in the future. This applies to any type of loan whether it is a home mortgage loan, a business loan, or even payday loans.

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