The stock market is a tough game to monitor with many players playing and large amounts of money at stake. Large volumes of securities are bought, sold and traded and not everyone is interested in playing by the rules. Many have more sinister plans in mind, such as cheating the game. One prominent example of cheating the system is known as naked short selling. It is illegal, but widely practiced. What is naked short selling?To understand naked...more
Most of us remember the dubious "doctor" in Huckleberry Finn who proclaims to have the cure for any malady. From the back of the crowd his shill would loudly proclaim that he himself had been healed by the magical elixir. Oh my, but the quantity of snake oil they sold before the townsfolk discovered they had been duped - and the doctor long gone. From the tone of many internet blogs it seems the same buyer's remorse is lingering in the "Packaged...more
Amid recent news reports that there continues to be an ongoing and substantial gap between the net worth of Whites and other racial groups, it is easy to be distracted and overwhelmed by the raw data.However, I am immediately reminded of a quote offered by an economic expert from the past..."There are lies, damned lies and statistics."Despite the real fact that the same set of stats can be skewed to represent almost any point of view (consider elected officials, talk show hosts, those who steal in the name of God, et al), knowing this does not prevent many of us from being swayed in our thinking - and actions - by the masters of sophistry.The ability of an individual to look at twin newborn gorillas and deem one a cover girl (cover gorilla?) and the other a repulsively ugly thing is indeed a most interesting truism concerning human behavior.This tendency, better known as hypocrisy, is possibly the most pivotal factor leading to interpersonal, and sadly, inter-racial strife. As a student of history I always attempt to place things in an historical perspective.In the book, "The Richest Man In Babylon", the author provides economic advice that would enable any person of any color or...more
How many so-called "Get Rich Quick", "Make Money In 24 Hours" or the "Latest Break Thru Millionaire Money Making Secret" programs have you bought that promised all the wealth you could ever imagine.Just to be disappointed that it's the same old regurgitated useless stuff being peddled all over the Internet?Have you bought manual after manual about...more
There is no shortage of hype on the Internet. A start up business does not have to look far to find a "Guru" who will offer a miracle solution for the "getting found" dilemma that faces every on line business. Typically, this product or weekend seminar (where many more products can be expected to be pitched) virtually guarantees overnight success....more
It's hardly surprising that so many companies are nowadays choosing to have training carried out at off-site training facilities rather than on their own premises. After all, in recent years there's been a steady increase in the amount of high tech conference centres opening up, the likes of which were once strictly the reserve of top end hotels and resorts. However, one would do well to remember that not all of these venues are equal, thus making it crucial for companies to choose a venue carefully.Ideally, in order for a training facility to be suitable for a company's training requirements, it has to have all the necessary amenities and it needs to be convenient in general as well. In other words, a company has to determine whether or not a facility is capable of meeting their requirements in terms of location, capacity, transport, technology, etc.Choosing to go off-siteIt's undeniable that off-site training has always had the upper hand with regards to providing an environment which is free of interruptions and distractions which are for the most part common in the average work place. Unfortunately though, many companies had no choice but to forfeit these benefits, not only...more
The paperless office has been talked about for a long time, yet never seems to even start to become a reality in almost any sector of business. Look around any office environment and you would be forgiven for thinking that the opposite of the...more
According to recent news articles, bankruptcies are at their highest level since October 2005, with an average of 5,945 filings per day during the month of March. Adding to this the fact that 663,000 Americans lost their jobs last month, indications...more
As a 34-year-old, born-and-bred New Yorker, as I read the details of Barack Obama's stimulus plan, many memories come to mind. A product of the NYC public school system, I have worked hard for my money, and according to government classifications am...more
It is difficult to know where to put your money these days to get the best returns, especially with the way the economy has suffered over recent months, pushing the Bank of England to make a string of cuts to its Base rate which have in turn been...more
Author: Gil TomsonBad credit history can be upsetting for you when you apply for personal loan but no need to lose heart and keep searching lenders or loan lending institutes. Yes, its true if you try hard you can find a lender providing you with...more
As all of us are very aware, we are in one of the most difficult eras for business since the Great Depression in the 1930's. Unemployment is rising at an incredible rate, and businesses everywhere are going bankrupt daily. When we end up in...more