What is a bear market?Generally a bear market is one where the market has decreased by more than 20%.In Australian the last high point in the market was reached on 1 November 2007 and since then it's dropped 36%. So the Australian market has been in a bear market for the last 11 months.How does a bear market end?The end phase of a bear market is called capitulation. Capitulation is when investors give up on stocks. Generally the view is that...more
If you are looking for a steady income stream from your investments then shares can be an attractive proposition. Not only do shares provide a return in the form of capital gains or losses but most shares also pay a dividend.Traditionally, high yielding shares have been buffered from a downturn in the market. This is because dividends usually get paid regardless of whether the market rises or falls. When the market falls, dividends can act as a...more
Day trading involves buying and selling shares on the same day. It is extremely difficult to do but if successful, the rewards can be substantial. The flipside is that it is also extremely risky which means that you could see your capital wiped out very quickly. It's easy to focus just on the potential profits to be made but most smart traders will tell you that day trading is all about risk management. The motto should be to plan for the worst and hope for the best. Your capital is the only thing that allows you to play the day-trading game. Without it there is no opportunity to trade. Unfortunately for most first-time day traders, they only focus on return and fail to preserve the one thing that allows them to play the market and that's their capital. You want to have specific rules for entry and exiting positions. This is so that emotion does not get involved. Day trading is less about the "I want to make a profit" mentality and more about "Has there been a trigger for an entry or exit point." It's less about emotion and more about a plan for success. And finally you will need to use tools. If you just rely on your gut instinct to trade stock then that's no different to gambling...more
There are many bargains on the market and one way that bargains can be identified is to use the net tangible assets (NTA) value.Here I'll explain how you can use this measure to help you identify cheap assets listed on the sharemarket.Net tangible assetsNet tangible assets measure what the company's assets are worth. It takes all the assets of the...more
Positive belief has a direct impact on everything we do in Telephone Sales. It will increase our motivation to achieve higher sales results and our drive to perform well on each telephone sales call. It will improve our skills and abilities with each potential customer they will HEAR that we believe in our products, our Company and ourselves. It...more
We now know that building Customer Loyalty is key to success in any organization.The philosophy was first articulated by Fredreich Reicheld who studied the relationship between three factors - customer satisfaction, customer loyalty and profits. (Bain & Company)He stated several facts that seem glaringly clear now, but until then, had not been clearly stated.Tom Peters, author of the seminal business bible In Search of Excellence, described great management ideas as " a blinding flash of the obvious" - because they're so right, so simple and so obvious.This is certainly true of Reichelds statements on Customer Loyalty. They are equally extremely POWERFUL. With them we have the key to success. Without them, we are left without a clear direction forward in competing within our marketplace. What Reicheld stated was Customer loyalty appears to be the only way to achieve sustainably superior profits.He used as an example the life assurance business stating that a 5 per cent increase in customer retention has the effect of lowering costs per policy by 18 per cent no small cost in any business.The Customer Loyalty GoalsThe more Customers we keep the more profits...more
This special report was created at the urging of many of my clients and students. Apparently there is a myth that as a Realtor you must do everything yourself. Too often there are articles written touting the super strength of a Realtor who is being...more
In these changing political times, for those seeking secure locations for offshore protection of assets, Panama remains a top choice.In a letter to the OECD after the London G-20 meeting at which Panama arbitrarily, (along with Switzerland and a...more
The SBA or Small Business Administration loan is a significant source of financing for small businesses. Typically, SBA loans are used to finance plant construction or expansion, to purchase equipment, and to provide working capital. Under the SBA...more
As the credit crunch has drastically effected the domestic removal industry, more and more local removal companies have branched out into the European removals market to keep their vehicles moving. Whilst they may be experts in moving you locally; do...more
The first quarter of 2009 saw difficult trading conditions for many businesses across the UK. The official Insolvency Service figures showed that in the first quarter of 2009, the number of companies being put into liquidation in England and Wales...more
According to the latest Insolvency Service figures for England and Wales published on 1st May 09, nearly 5000 companies went into liquidation in the first quarter of 2009. This figure is over 50% higher than the same quarter of 2008. Clearly the...more