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In this world, there are many things that very important to us. Take a seat, think it for few seconds, what is the point of working all day long, and earn a lot of fortune, while you’ve sacrificed the great time gathering with your loved ones?

Honestly, there is nothing more important than our family, isn’t it? According to the latest studies, those people who cherish and care about their loved ones, have higher chance to success in their business!

Why? It’s because they’re having their loved ones support them all the time, no matter he/she in the lowest point or highest peak in their career!

Frankly, I’m a very lucky person, as my parents fully supported me in whatever I do in my life. Without their encouragement, I didn’t think that I will be going this far…

Unlike some of other traditional style families, my relationship with my parents is unique, as we’re more like brother and sister than parents and son! We always have picnic in the forest or seaside, during the public holidays. Or, we will go for hiking or trekking in every weekend. To be honest, my parents love my acupressure massage and they want me to do it everyday, while I’m still living with them few years ago.

For your information, my parents’ 30th wedding ceremony will arrive in three more days. As a return, I have prepared them a big surprise: A senior life insurance.

Although my friends said I’m a little bit stupid to buy the senior life insurance, as both of my parents nearly 65-year-old right now. The premium charge is high and expensive, comparing with the younger people.

However, I thought is worth the price, as my parents have been devoted their time and life for raising me up, since I was a child. Without their sacrifice, I won’t standing here and talking with you all!

So, I just screwed whatever my friends said and continuing with my decision. By showing my greater love to them, I’ve bought the whole life insurance, instead of term life insurance.

I decided to give the big gift in their 30th wedding anniversary party. I can’t wait to see my parents reaction, when they’re accepting this present!

Happy Pearl 30th wedding anniversary, mum and dad.

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Facebook Sells Its Stake, Again!

June 29th 2009 11:21

It’s one of the hottest news on the internet, where the world’s largest and renowned social networking company, Facebook has sold a 1.96% stake for $200 million.

The Russian internet firm, Digital Sky Technologies (DST) was the lucky company who able to persuade Mark Zuckerberg, the founder and CEO of Facebook sold its 1.96% stake to them!

Based on the latest statistic, Facebook has over 200 million members, where is comprised 30% of the United States’ users and another 70% worldwide users!

Zuckerberg said that before DST, there are a bunch of firms have been approached him, but he didn’t interested on their offer as DST’s offer did.

DST claimed that more than 70% of all page views on Russian language websites are using their service. Beside that, DST has invested a huge amount of investments across Russia and Eastern Europe too!

Before it, Zuckerberg had already sold a 1.6% Facebook’s stake to Mircosoft for a total of $240 million in October 2007.

“I won’t doubt to sell further Facebook’s stake, as long as I found a good company or corporate that afford to convince me.” Zuckerberg said.

Note: Photo credit goes to blogjer.

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How to Manage the Debt and Lose Your Stress Away!

June 27th 2009 11:11

Life isn’t easy, as we all need to work and maintain our daily expenses. Hence, we’ll be in deep trouble, especially when you’ve been fired from the previous job in this economic turmoil!

Go figure, once a person had lost his/her job, all the household expenses, such as electricity bills, water bills, house maintenance fees (It applies on those who living in apartment/condominium), utility fees, insurance fees and much more can become a very heavy burden to the person! In this case, some of them will try to lend the money from the illegal lending company and making the situation even worse.

I have a friend, Francis who worked as a debt management planner, has given me a phone call yesterday night. He said that he has been involved in this field for over three years now. During the time, he has already helped different kind of people from different background.
However, majority of them didn’t even know the basic concept of debt management plan, and some of them always misunderstood about the real definition of it!

According to Francis, a debt management plan is one of the methods that have been used in many countries for the debtors to pay off their personal unsecured debts. Normally, it’s an informal arrangement between the debtors and creditors.

Honestly, by preceding the debt management plans, it brings benefits for both parties. In this case, the debtors not only can avoid the bankruptcy, but the creditors can also get more money back!

Francis said that another advantage of using this method is it will not leaving any negative effect to your credit score, where it is the last thing that you don’t want it to happen.

Usually, the debt management plans are involved a third party organization, which they will send a proposal letter to every creditor. Inside the letter, it requests the creditor’s approval, so they’re accepting and approved you into the management plan! Once both of the sides are agreed, a debt management plan is going to carry out immediately.

Honestly, I learned many interesting things from Francis through the phone call. Hopefully, this information is useful to you all as well!

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United Kingdom’s Unemployed Has Been Rising Up to 2.2 Million!

June 26th 2009 10:50

The global economy downturn has been causing the unemployed rate in United Kingdom rose and reached over 2.2 million in the first three months in 2009!

According to the UK’s National Statistics (ONS), the unemployed rate rose from the previous 6.7% in March to 7.1% in April. The officer from National Statistics also mentioned that the quarterly rises in the unemployed rate were the most significant since 1981!

Can you believe that it is only about 455,000 job vacancies in the first three months of 2009 in the whole United Kingdom? This number was 232,000 or 33.78% lower in the same period of 2008!

Brian Hilliard, the chief UK economist at Societe Generale concerned about the unemployed rate and he worried that the unemployed rate would be reached up to 10% in the end of the year!

Beside that, the Employment Minister of United Kingdom, Tony McNulty claimed that the unemployed rate is very bad, and it might take longer time to recover from it!

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What are CD Rates and the Benefit of Investing on It!

June 23rd 2009 05:39

In this economic turbulence condition, most of the people are choosing to keep their money in the bank, instead of using it to invest in stocks or bonds.

Based on the latest study research, 62 percent of the general population who have been taken the survey mentioned that it’s wise choice to put the money in banks, at least they can earn some interests from it, although the interest rate is considerably low!

Well, some of you might be didn’t notice that there is a term of investment, which is doesn’t require too much of capital fund, but it’s the profit is much better than the saving account’s interest rates!

For your information, the certificate of deposit, or normally known as ‘CD rates’ is a time deposit. CD rates are a little bit different from saving accounts, where is mostly has a fixed term and interest rate. The fixed term can be differing from three months, six months, one yea, three years or five years!

However, there’s a requirement for investing in CD. Once the investors have been invested in a particular CD, he/she need to wait for the CD reaching its maturity date. After it, the investors can withdraw all the money alongside with the accrued interests together!

Basically, the rates of CD are mostly depended by two factors: The total length of time until the maturity date of one CD, and the current interest rate. The interest rate of CD is proportionally related with the length of time investment. This means, the longer you putting the money in one CD, then the interest rate is getting higher as well!

However, you must keep in your mind that CD rates can be increased or decreased over time. That is one thing we can sure about CD is, you won’t have the risk of losing your money, as you did in stocks or bonds investment! As a result, it’s a safer choice to invest in CD.

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Self-Employed: Is It the Only Way Out For the Unemployed?

June 19th 2009 17:30

Go figure, what will you do, if you’re the unfortunate person who just lost the job, you have a few mortgages to pay with and loved ones to take care?

Oh my god, isn’t it sounds terrible and stressful?

In this case, most people will probably blame it on the recession, your former employers or even god! Instead of keep grumbling and nagging about your unsatisfactory, it would be better to start looking for job!

What are you supposed to do, if not one want to hire you here? Good question! In this case, you should consider to being your own boss, by starting the self-employed venture.

You was wondering, “What types of job I can do, if I self-employed myself?” Well, you can continue offering your previous job service to the customers, but this time it is through the online portal. All you have to do is set up your own website, advertising your expertise and bang, you’ll get unlimited potential customers, if you’re really good in the profession!

Remember that every downfall has its own turning point. Keep the faith and be stronger. Trust me; you’ll be able to through the hardest time in your life!

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Renowned Insurance Firm Started to Fire Some Employees!

June 17th 2009 04:50

Honestly, maybe this recession wasn’t the worse in human history, but it had already forced many branded companies to cut off its employees.

One of the world’s renowned insurance firms, Legal & General (L&G) has planning to cut 560 employees. The cut off plan is made up of 300 full-time staffs and 260 contractors/part-timers.

The Legal & General has over 8,500 employees, where the main offices are located in London, Cardiff, Brighton and Kingswood.

The L&G’s CEO promised that they will help those employees who have been fired by L&G to find suitable alternative employment in the near future.

In other hands, the Unite Union has opposite thought about this announcement, as they think it’s “Utterly disturbing” and unnecessary. Rob MacGregor, the Unite National Officer claimed that L&G’s act is inappropriate and they should reconsider it, before they’re taking the action.

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Pound Vs Dollar – The Battle is continuing

June 13th 2009 14:56

The war between Pound and Dollar has been continuing for over several centuries. There was a time, where Pound Sterling stood proudly above $2.446 on 5 November, 1980 and it’s the highest peak for Pound vs Dollar!

After that, the Dollar started to regain its strength and fight back beautifully. In early January 2009, the exchange rate for Pound vs Dollar was reached it’s lowest point, where it only worth $1.36!

After a long battle, the Pound Sterling seems to stand up again on the $1.60 level. According to the economists, this happening of this situation might due to the investors to shift away from dollars to pound, as they’re looking for a more secure investment!

In other hand, the UK economists worried that the increasing government debt might lead to higher taxes. When it occurred, many investors will start to flee away and looking for new investment in other countries!

Therefore, it’s seriously urgent to overcome the government debt as soon as possible.

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Pick the Right Stock and Paving up the Road to Fortune!

June 11th 2009 14:40

I heard many of you here whispering to yourself and wondering, “Are you insane? I don’t want to risk my money down to the drain, especially in this economic turbulence moment!”

Oh well, you can go ahead and throwing me with rotten eggs, if you didn’t agree with my opinion here…LOl

Frankly, during the period, where I’m still a business advisor, I also tried to enlarge my criteria, by involving myself into the stock investing. I’m quite a smart guy (Oh my god, I think I’m a shameless guy, rather than smart! lol), where I used 30 percent of my monthly salary to invest in the stock market.

I clearly remember the first time I invested in a penny stock, which it’s only cost US$0.12 for the starting price. Guessed what, after three months, it raised high up to sky and reached US$2.24! This means, I managed to gain over US$2 in within three months, where I was very overexcited and celebrated it with my loved ones!

To be honest, I participated the stock investing with two of my friends, also a married couple, Garry and Lauren in the penny stock. Within the next two years, we’re able to earn some decent money from the stock investment. However, when Garry met a car incident and passed away, Lauren was moved away from the town to other place (We haven’t meet for over four years now!) and our stock investing journey had not choice, but to close its curtains.

Today, my friend, Evan has recommended me a stock forum, and it’s started to remind me of my past glorious moment with the stock investing. People always said that it’s very hard to pick the right stock. In this case, I’m disagree with them, as it depends on how much confidence and ability to spot the profitable stocks!

Below here are the three important tips on how to pick good stocks for the beginners:

1. Become member of stock investing forums
It’s the crucial factor, where there are many experienced stock investors who willing to give some reliable tips to the beginners!

2. Read on The Investor’s Business Daily
Investor’s Business Daily is a daily newspaper, which is specializing in the stock investing and stock traders. You will learn many useful tips or techniques from it.

3. Subscribing to the Stock Investing Websites
Well, by performing this task, it allows you to read and follow up the latest stock investing, in either local or worldwide. After all, it can be easily done, with only a one time subscribe through the Feed reader!

To those beginner who want to involve in the stock investing, always remember the old saying, “Where there is a will, there is a way”…

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Petrobas is having a Deep Financial Trouble!

June 10th 2009 15:55

The oil price always buoyed around $40 to $55 per barrel in the last quarter. Even though the oil price seems to bounce up to $60 a barrel on 12th May 2009, but it doesn’t mean that the oil price is standing still above the $60!

As one of the world’s biggest oil producer, Petrobas has reported a net revenue of $2.8 billion in the first quarter of 2009, which is $0.68 billion lesser in the same period in 2008!

The main reason why the company’s revenue has significantly dropped was caused by the 55% fall in average price of crude oil. In addition, the net revenue of Petrobas fell 9% year after year.

Although the net revenue of the company has been decreased a lot, but the Petrobas president, Sergio Gabrielli said he was quite satisfied with the current company’s performance, as they’re able to gain profit even in the global recession!

PS: Photo credits goes to economist.

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July 2009

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