Sunday, December 19, 2010
Thursday, December 2, 2010
However, it looks like more than 6 our of 10 people receive, every Christmas, at least five unwanted gifts. According to a research made by the charity The Brooke on a sample of the British population, almost one brit out of three this Christmas will give away as a gift an unwanted present from last Christmas. So, it turns out, presents are not so sacred.
Seeing things with a pragmatic approach, it could be said that there’s no point in keeping around unwanted, unused gifts, so if they can be recycled, they might as well be sold. Reading about what are considered to be the most unwanted gifts, moreover, makes it easier to understand why some people would want to resell them. The top three most unwanted gifts are bubble baths, bath salts and socks: pretty generic stuff, indeed.
The solution to boring presents is the old saying: one man’s trash is another man’s treasure. From an economic point of view, that concept is what make markets work in general. The fact that someone would like something that you would happily get rid of is the very basis of second hand commerce. This means that it’s definitely possible to make some money out of unwanted presents. The easiest way is to use some classifieds site. Free ads can actually be a big help in getting rid of unwanted stuff and, of course, you can always hope that the baths salts that you got are a rare, sought-after item for some collector.
Sunday, November 21, 2010
As far as I remember, black Friday has always been considered as a day for which all shoppers eagerly wait. But there are few others who are now considering it to be a plague day. So, the question which arises is,
"Do we really need to shop on Black Friday day? Is it really worth it?"Many would believe it isn't the worth stress because they need to rush to find out the items, waiting in long queues and many standing outside in the cold waiting for the shops and stores to open. People consider this as a buy or die week. I personally do not find any reason for this statement. I myself have never shopped after the thanksgiving. I always wonder how people can be so brave to fight over the limited parkings spots and try to avoid being trampled upon each other in the queue.
Why there is a need of doing such acts? Only to save some bucks. I would rather prefer paying to avoid crowds, parking inconvenience and waiting for hours.
Time is money, isn't it? No wonder, I am blogger here rather participating in the buying frenzy week. I have noticed that in recent years, there has been a decline in sales as well as shoppers. Why? Now days internet offers various saving schemes. You can actually enjoy shopping online sitting at home any day of the year, though others consider this as a thrill of the hunt. There are many people who do not own any computer or internet facilities but enjoy going to stores seeking bargains.
Which is more preferable? Shopping online or Black Friday Shopping?.
I just asked a random person outside the store that what would she prefer; shopping online or shopping at the various department stores and she commented,
"I simply love going to the stores. I can actually see the product live there before spending any bucks. I love to see various collection of clothes, accessories, household goods etc."
Maybe many women would agree to this but Black Friday is not at all a day to browse and touch the products before you buy and visit various department store to determine what's new!!
In fact, any one who is shopping all the year round has a pretty good idea of what each department store has in stock. There is nothing special to display on Black Friday except massive crowd and an excessive rush to obtain an item that might be on sale after two hours.
A personal Tip from experienced shoppers on Black Friday
"Please do not carry any cash with you. Instead use your debit card. If in case you do not have a debit card also, then go to store you plan to visit on Black Friday a week before and purchase gift cards from there. This will also help you to stick within your budget and is much safer than carrying cash at the stores."
Check ahead of time if you need to buy any specific item that might be on sale at the store but not online. Set a budget and try to stick on it. Once you have decided which sale you want to go for and what you want to actually purchase, decide things which are within your budget. The sale during Black Friday may be great, but obviously you don't want to be paying for that new item until next year or maybe more than that.
As for me, I always finish my Christmas shopping by the end of October.
Do you shop on Black Friday? Do let me know with your comments on this post.
Thursday, November 11, 2010
Saving money can be a tough challenge. Saving is anything but instant as we are living in a society where we are used to immediate indulgence. With the current economic collapse, many people are learning the hard way on why saving is imperative.
Now they just have to figure out how to save money. The first thing that has to be done is to get out of the immediate indulgence mindset. Remind yourself how beneficial saving money can be. Write down its benefits to give you tangible proof that saving is necessary.
Thursday, October 28, 2010
Thursday, October 14, 2010
There are several reasons why this deal will never happen, and should not happen.
1. AOL is a much smaller company, and taking over Yahoo will put it in serious debt. Most of Yahoo’s web properties aren’t turning a great profit, so they are of little value to AOL.
2. AOL is increasingly focused on content, something that Yahoo just doesn’t have much of. True they have Flickr, and some good sites like Yahoo News and Yahoo Sports, but they don’t have a lot of original content that AOL looking for right now.
3. Yahoo is looking to sell its most valuable asset, which most people have never heard of. A company called Alibaba that produces online trading software for the Chinese Market.
When companies like this take a big rise off of some news based on rumor or innuendo, it’s a great time to short them. If you’d like to know more about shorting stocks or just learning more about how the market works, check out Global Finance School.
Wednesday, September 29, 2010
However, trading forex is a risky proposition and falls at the very top of the risk pyramid when its risk profile is compared to other investment vehicles. Specialized training is required, coupled with practice on virtual systems, in order to prepare oneself for the fast action and swings of the market. As with any performance-driven profession, one needs to hone their respective skills in order to compete and be successful.
As with all investments, forex trading is all about managing risk, and there are tried and true methods for achieving this objective. For a beginner, he must accept his “amateur” status and bridle his impatience. The urge to leap into the market and begin trading right and left is compelling, but the majority of those that react to this urge soon find their pockets empty and their confidence rattled. However, a beginner need not have this experience if he follows a straightforward learning regimen:
- Knowledge: Gain awareness by reading as much as possible on the topic. Internet websites and free tutorials are great for this task. Your goal is to become familiar with terms and the lingo so that each new piece of information about the craft makes sense to you. Enroll in a structured class to receive mentoring from an expert. He will help you choose a broker and form a trading strategy;
- Experience: Your broker will have a forex demo account to practice with real trading data and virtual capital. Successful traders swear by their practice time, claiming that months were required to develop the confidence and consistency needed for real market conditions. There are no shortcuts to gaining experience;
- Controlling Your Emotions: You must have a disciplined approach to the market before you enter it and to guide your decision-making once you are in a position. There is a psychology to trading in a highly stressful fast-paced situation. Your plan will help you stop your losing trades and allow your winners to run.
The reference to a disciplined approach to the market cannot be overstressed. Managing risk is what forex trading is all about, and what we mean by this statement is that you never enter the market without protecting yourself from adverse swings in the market. You will have losing and winning trades, but your objective is to keep the “net” of all of your trades in positive territory. You do that by employing sound risk management techniques. Let’s look first at a definition:
Currency Risk, sometimes referred to as exchange rate risk, is the possibility that currency depreciation will negatively affect the value of one’s investments.
Part of a forex trader’s plan involves assessing the risk/reward of a potential trade before its execution. Different currency pairs have differing volatilities in the market, such that a fixed number of “pips” or basis points in the currency quote is not recommended as a measure of risk. Traders use an “ATR” indicator, which is the average trading range for one trading period for the last twenty trading periods. If the value were 30 pips, then a calculated downside of 70%, or about 20 pips below his entry point, is where the trader would set his stop loss order. Using a 2:1 ratio, in this situation a trader would expect to gain 40 pips before considering an exit.
A Stop Loss Order is an instruction given to your broker to automatically liquidate your open position for a currency when a specific price is reached. The placement of these orders should occur right after you establish a position in the market. Lazy traders that ignore this prudent practice soon learn to regret their neglect. Currency markets are known for dramatic swings in either direction as new information is released.
The principles discussed above are the “basics”. Forex traders should also never risk money that they cannot afford to lose and should place only a manageable portion of their capital at risk in any one position. Money management, coupled with proper risk mitigation, allows a trader to survive and thrive in the world of forex. Caution and a disciplined approach to the market are the hallmarks of success.
Sunday, August 29, 2010
Friday, August 27, 2010
Thursday, August 5, 2010
To do this, you need to examine the roots of overspending. A great percentage of people are victimized by credit cards. You may not be an exception. Take a quick look in your mailbox and you’ll quickly realize why your money seems to fly so fast.
You are flooded with credit card bills, auto loans, mortgages and other bills on a daily basis. Credit companies may promise you easy money, but the problem starts when you begin to accumulate credits you can’t pay for.
If you make a purchase and realize at the end of the month that you can’t repay in full, you are now trapped on the slippery slope of debt. You may promise yourself that you’ll have enough the next month but this promise is rarely kept.
At this point, high interest rates of credit cards can really hurt you and you may end up paying for more than your original purchase. Credits are truly monsters to your saving dream, so start using cash.
This way, you can feel that you are really spending your money. Credit and debit cards are easily swiped and funds are automatically whisked from your accounts. Without the physical act of handing down money to another person’s hand, you may feel you aren’t spending money at all.
This is the main reason why most people seem to overspend on their credit cards. Use cash whenever possible so you can more easily tell when you are going overboard. Aside from credits, your comfort zones may also be snatching your money.
Everyone sure loves having a good time with friends and family, but ensure that these parties are within your financial limits. From time to time, everyone needs to unwind. As they say, we must enjoy life. However, it is also necessary that we know when to decline.
Don’t squander your money today for guilty pleasures if it is not within your budget. Think of cheaper alternatives, or have the party some other time. Shoes, dresses, video games, and even books are also comfort zones that eat up your savings.
Actually, there’s really nothing wrong with these things as long as you don’t go overboard. This is the time when you can keep some amount from your budget and use it for these. You’ll enjoy your purchase and enjoy it even more when you know you won’t spend the next years paying it off at 15% interest.
Saving may be requiring you to sacrifice a lot of your comforts. But in this world where economies are going down, it is no longer an option but a must for every person to save money.
You can use all these strategies to save money, reduce debt and improve your life but it means nothing unless you have a foolproof method automatically set up to do it for you. Get my FREE money saving secrets set on auto pilot at: www.the-richest-man-in-
About the Author
Dan Cavalli has written hundreds of articles on business subjects. He is an entrepreneur, expert on small-business success, retail troubleshooter, and business strategist. *Australia’s newspaper “The Financial Review” called him one of Australia’s “Internet’s Untold Millionaires” and “Telecommunication Tycoons”. An Author of the International selling book: ‘Blueprint for Making Millions’ http://www.
Thursday, July 22, 2010
Famous Presidents & Their Net Worths:
|President (#)||Net Worth|
|George Washington (1st) |
John Adams (2nd)
Thomas Jefferson (3rd)
Abraham Lincoln (16th)
Ulysses Simpson Grant (18th)
Theodore Roosevelt (26th)
John Fitzgerald Kennedy (35th)
Lyndon Baines Johnson (36th)
Richard Milhous Nixon (37th)
William Jefferson Clinton (42nd)
George W. Bush (43rd)
Barack Hussein Obama (44th)
|$525 million |
$1 Million $125 million $1 billion
$98 Million $15 million $38 million $20 million $5 million
Friday, July 16, 2010
I was happy to have my previous computer as well. The time when I bought that from the HP outlet, it had all the latest specifications. It cost me around $500. When I purchased that I was firm on purchasing a laptop in a year or two. And so here I am with all new Dell Studio XPS 1645 notebook which cost me around $950. My earlier computer had 4 GB of memory space and this laptop gives me around 8 GB of memory space. Wooooohh!!!
You must be wondering why my eye was on this particular notebook. Here are the few reasons for this:
1.) Screen : Earlier I had a screen with 1440x990 resolution which I have changed to 1920x1080 resolution on a 15.6 inches screen. It was expensive but I thought that laptops are not purchased everyday, so its better to have the best from the rest. The best part of the screen is that you can easily squeeze it into more pixels any time you want.
2.) Processor : I went to the shop keeper and he told me they have Intel Quad-Core i7-720 QM available. He spoke that too fast though. Since I am not a tech savvy so I asked him to give me the best processor they had. So he gave me the processor with the bench mark speed of 3235 which my earlier PC had 1113.
3.) Memory : My new notebook comes with a 8 GB memory space. I Know thats not a huge upgrade from the earlier which was 4 GB. Since I will be using 64 bit version of windows 7 so I guess 8 GB of memory space will be the best improvement.
4.) Hard Drive : It is better to have a fast hard drive than having a large hard drive. My new hard drive spins at approx 7200RPM. I guess the 320 GB is more than enough to hold my basic business applications.
5.) Operating System : No doubt i will be moving to Windows 7 because I dint like windows Vista so much. It is much complicated than windows 7.
6.) Battery : For batter I got a very good offer. When i went to the shop they were having some discount season on batteries. S0, I opted for a 9 cell battery. It means that I am getting 35% extra battery usage from the normal 6 cell batteries.
I consulted few people before purchasing this. I had a discussion with different shop keepers about this and its price. Finally it cost me all in total around 950 USD.
Thursday, June 10, 2010
FIFA as an oldest organization have acknowledged the tremendous hard work and effort of the players and have fixed a total prize money of $US420 million. The organization has also decided that the prize money will be distributed among the team members only after considering their over all performance in the tournament.
For the status and legacy of the tournament the prize money of $US 420 Million dollar has been fixed. Not only this, the prize money has been increased 60% to what it was in the year 2006 world cup. There was meeting held at the Robben Islands where the President of the FIFA organization, Sepp Blatter with 24 men executive committee announced that the champions of the tournament will receive a cash prize of $US 30 million whereas the 1st runner up will take away the cash prize of $US 20 million.
With this, the General Secretary of FIFA, Jerome Valcke also announced a sum of $US 40 million for the best clubs of the world. This money will be shared with those clubs whose players are participating in the World Cup. For the insurance of the players from the clubs, a sum of $US 40 million has been set aside.
Jerome claimed that each and every club will receive a cash prize of $1600 per day per player whose players are playing in the world cup. All the 32 teams will get a total prize money of $US 1 million prior to the commencement of the tournament.
The teams will fight against each other for the prize money as well as for the beautiful world cup in the cities of Cape Town, Durban, Johannesburg, etc. The tournament begins on 11th June, 2010 and will end on 11th July.
Lets blow three cheers for the world cup, the teams, the players and lastly the host South Africa.
Friday, May 7, 2010
1.) Jeff Widman (Marketing Mentor : Seth Godin)
Be the first to sell the experience and relationship and not just the widget of the space. Widgets are sold by second place company whose only aim is to gain market share to compete on prices.
2.) Everett Reiss (Marketing Mentor : Jim Kukral)
Always develop a content that solve queries of your target audience's problem. No matter its perfect or not but it should be very relevant and helpful for them.
3.) Armelle Cloche (Marketing Mentor : Jay Abraham)
There are only 3 ways of increasing business profits : increase the number of clients, number of sales per client and number of times client returns and buy again.
4.) Ciara Pressler (Marketing Mentor : Jack Trout)
Differentiation should be the key. There should always be a competition so that you can perform better every day. They have to identify and promote things which make their products worth buying.
5.) Lora Carr (Marketing Mentor : Sarah Petty)
No need to leave co-marketing alone. With other boutique business it makes more sense
6.) Claudia Copquin (Marketing Mentor : Jim Mc Cann)
Never be afraid of asking any question. With no marketing budget also you can come out as a large company.
7.) Jason Cannon (Marketing Mentor : Sarah Petty)
If you have a strong product, are passionate at what you do, you love people and your community, then you will definitely enjoy your job from all the prospects.
8.) Adam Kleinberg (Marketing Mentor : Brook Lundy)
Only great creative ideas matters and can survive.
9.) Sean Horrigan (Marketing Mentor : David Meerman Scott)
Always believe what you publish. Each and every business has got its own information that can now or later can contribute to the huge market place.
10.) David Langton (Marketing Mentor : My Mother)
You have to give time to your target audience. Understand their requirements first. If you can understand things from their point of view you can surely market the ideas yourself.
1.) All the residents of America are very angry with Goldman
2.) Investors are too worried about their stocks which went down about 13% as soon as Security Exchange Commission's news broke.
3.) The SEC still believes that the company has broken all their laws.
4.) GS is taking the fall for the entire mortgage crisis and economic downfall.
5.) They are referred as "Bad Guy" these days.
How does it matter that Goldman Sachs has done anything wrong or not? What they are doing right now is that they are are taking huge public relations right now. I don't know how many of you watched the senatorial hearings last weekend, the Government is only blaming GS for the entire Global Warming.
So why would person invest their money in Goldman Sachs's stocks?
Because our own Warren Buffet asked us to. I would like to quote what he mentioned in the last media hearing last weekend. He still thinks Goldman is the only attractive stock right now :
He said, "Be greedy when others are fearing and be fearful when others are greedy"
I guess this only suits Goldman and no one else. And you know what? Warren Buffet himself owns $5 billion worth of stocks of Goldman with a 10% sweet dividend and that is why he is backing the reputation of the company in public.
Goldman Sachs has been always famous for having smartest people working in its company. In fact it still holds this position. No matter the company is found guilty of any wrong deeds or not, the reputation of GS will not at all hamper in the long run.
I am not at all advising you to buy the stocks of Goldman Sachs but if you are a fan of its stock from before, this would be the best time to renew it. Remember, that a 13% discount doesn't come that often. All the best.
Make sure You have a Convenient Checking Account
Having a checking account is no big deal. But make sure it is convenient enough. Always keep in mind that the checking account should be of a bank with ATM in the city you are residing. This is important so that you can anytime deposit your paychecks and also withdraw money whenever you wish to.
Have a Good Knowledge of your Credit
You have to make sure that your credit history is good enough to have a good credit report. This will indicate how responsible you are when it comes to paying off the bills. Your credit report and score often determines your ability to get any type of loan in future.
Get A Credit Card on Your Name
It will help you in having a good credit history so that you can easily get loan on big purchases like for a house or a car. It will also help in establishing your credibility big time.
Understand your Salary well
It is for sure that not all your earnings of the salary will go in your wallet. There might be a possibility of going some in your taxes, into your saving accounts, you can put some into your retirement account too. So keep a track on how much money you are spending each month.
Prepare a Budget
Preparing a budget is no big deal but sticking to it, is really difficult. There are many people who follow their budget well and that keeps them in discipline of money control. Take help of any budget calculator if possible.
Understand the importance of Savings Account
In case of any financial pothole, the savings account will act as a savior for you and your family. There might be a possibility that you lose your job, so in these times your savings will help you. Make sure you save money that can cover your at least eight months living cost. So as soon as you get your first salary open a savings account.
Understand the value of Retirement Savings
Maybe today you are full of energy and can work ten hours everyday, but the time will come when you will grow old and at time you will need to enjoy the fruits of your hard work. Different types of retirement accounts include 401(K), Roth IRA, Traditional IRA.
Get A Health Insurance done as soon as possible
If you are not taking proper care of your health while working then you are risking yours as well as your families life. Who knows if you fall ill, you need to pay a hefty bill on for your illness. So it is advisable that have a good health Insurance policy as soon as possible.
Get hold of Your Taxes
Seriously having a grip on your taxes well can save you loads and loads of money. Always keep in mind that April 15th is considered as the Tax day. For tax return you need to file these forms : forms 1040EZ, 1040A and 1040.
Pay off your Bills on Time
1st things first. Go to the nearby bank and open your credit card statement and bills account. Make sure that your billing statement is 100% correct. Never pay on something you didn't buy. Cross check your statement more than once.
Follow these quick steps and I am sure like the way you conquered your college, you will also win over your personal finances as soon as possible.
Friday, February 26, 2010
Thursday, February 4, 2010
Expensive gifts often proves to your loved ones that how much you love them, but they will also make a pretty hefty dent in your wallet. So what can a frugal minded person plan for the valentines day? Giving an expensive gift always will not help your love boost, but giving something special to your loved ones will definitely arouse that feeling of love in them.
Let me share some of my ideas with all of you on what you should gift him or her on this day of love and romance.
Some cheap Valentine's gifts for her
No doubt girls love flowers, chocolates, soft toys and also sweet things whispered into their ears. I have seen many of you gift your partner traditional fourteen roses in a bunch on valentines day. Rather what you can do is gift her one rose everyday starting from 1st February to 14th February. The best thing is one rose per day will be less expensive for you. The prices of the flowers are inflated on the V-day.
I agree that women love roses but roses now days have become very boring and moreover the prices of roses are extremely high on v-day. Now you will think of giving carnations to her instead of roses. Please do not do that. Carnations are cheap alternatives to roses. A bouquet of daisies is a better choice.
Time is the best gift you can give to your partner. Women love spending time with their partners. I would advice you not to waste your money on restaurant bills, rather spend the day in opting something she loves.
If you really want to surprise her then learn cooking a month before v-day and prepare the dish she loves. Trust me cooking is a very seductive way of celebrating this love day.
If she loves reading, then spend sometime with her in any book store, buy her the most recent novel. Pamper her with some sandwiches and coffee as she enjoys a good read.
If your partner is a sports freak, then spend sometime in afternoon teaching her favorite sport, maybe watching some games with her or maybe take her out for a live match.
Some cheap Valentine's gifts for him
A women should not gather information from various means of media and decide the gift for his partner. Rather she should create a gift which she thinks will be unique for his man.
If your partner loves sports, then you should give him a treat by surprising him with chilled beer and nachos and by watching with him a non-interrupted game of his choice.
If you guy is an Art lover, then surprise him by taking him to a candle light dinner and visit a local art exhibition with him. If you want you can buy him a painting which is usually at a lower cost.
If he is into music, then download all his favorite songs and gift him a CD. Both of you can enjoy a perfect dinner with a perfect music of his choice and then a perfect long drive. Keep a few dollars with yourself aside so that you can buy him a CD pack of his favorite band.
If he loves photography then take him out to the country side for the best photograph sessions.
Love an be expressed in many ways. Gifts can be many but the only special gift which you can give him or her is togetherness. That is an ultimate gift for your partner and that is the ultimate deceleration of your love on Valentine's day.