“Every decision is risky; it is the commitment of existing
resources for an uncertain and unknown future.” – Peter Drucker
This quote reminds me of
three things about life:
Number 1: Risk is a way of life. There is no way to avoid it in any
world. Our job is to assess and choose the risks that we believe will pay the
most (or at least harm us).
Number 2: We must decide to do something. To do nothing is really a
decision to do something – nothing. Furthermore, when we decide we must be
committed to it.
Number 3: The future is uncertain and unknown. But would we have it any
other way? That is exactly what brings the adventure to life, isn’t it? The upside
resides only in the unknown.
It is always amazing to see studies like the one Franklin Templeton did
over the last three years in which they surveyed 1000 people to see how they
thought the stock market had performed. In all three years (2009, 2010, 2011)
half or more of the respondents said the S&P 500 had ended “down or
flat” for each of those three years. The reality? 2009 +26.5%, 2010 +15.1%
and 2011 +2.1%. So maybe they did not miss it by much last year, but the point
is there is a negative bias among most Americans when it comes to the economy.
This is because bad news sells advertising. Therefore Americans are inundated
with bad news which shapes our view of history AND the future.
But news outlets who are trying to sell ads are not the only culprits. I
believe there is a prevailing sentiment in our nation in which certain
political persuasions want to set a negative tone about the future in order to
gain more dependency on …
I like investing, and I like everything about the stock market in
particular. But I find that many people get confused and don’t really know what
to look for when they have to pay attention to the stock market.
Of course, if you read the news at night, they might tell you what the
Dow Jones Industrial Average did that day, whether it went up or down, but that
doesn’t really give you an overall view of how the market is. do it on a
In this article I want to spend a few minutes discussing some other
things that you should pay attention to besides the Dow Jones index which will
give you a broader picture of what the market has done on a particular day.
So the first thing to consider besides DOW is the S&P 500. This is
an index fund consisting of 500 of the best stocks chosen by the good people at
Standard and Poors. When people say “Stock Market” many times they
refer to the S&P 500. This is a pretty good indicator of what the market is
doing as a whole. Also, most evening shows and radio news will mention this index
Next you have to pay attention to TRIN, which is a trading index,
because it tries to measure the volume of trades carried out on a particular
day. If TRIN moves from above 1.20 to below 70 for any day, it usually means
that the stock market has changed to Bullish. On the other hand, if TRIN rises
from below.70 to 1.2 then the market has changed to Bearish. TRIN 1.0 means
that the market is largely stable throughout the day.
Next you might want to watch activity in the Over-The-Counter market,
which is the market of …
Are you the type of person who
knows there’s so much more out there than just an hourly job? Do you know you
could make it on your own if you just had a plan to follow? If so, the food
truck business could be the ideal choice for you.
Food truck concessions are
designed to allow you to own your own business and serve high-quality food
without having to deal with the hassle and high cost of owning a restaurant.
But not all food truck businesses are of the same quality.
At top mobile food franchises, you’ll
get the experience of a proven leader in the fast casual food market. You start
out with all the tools you need to succeed including a strong business system
that you have access to from the moment you sign your Franchise Agreement. And
these top franchises will not leave you out there on your own. You’ll go
through an extensive training program to help you succeed.
Never run a food concession
before? That’s ok. Trusted franchises take you through the selection and
development of your site, and assist you right through the Grand Opening and
beyond. From inventory control to prep procedures, their proven systems
eliminates the need to make mistakes by trial and error. You’re a success right
out of the gate. And when you succeed, they succeed. You’re all in this
together. These franchisees are successful because they take the time to ensure
you’re always supported from back-end office systems to day to day operating
Concerned about hiring or
permits? Don’t be. The best mobile concessions will have systems in place for
the labor-scheduling process as well as full guidance through zoning and
permits. You’ll enjoy web-based reporting and your own food cost analysis
system so you can spend …
First, make sure you
are starting the business for the right reasons. If you have decided to start
your own business and are competed to it then great! However, do not start a
business because you dislike your current situation. While this may seem like a
good motivator it will not keep you focused for the long run. Many people do
this and they usually fail.
If you are trying to
make money online, or trying to build an online business, there are a number of
basic characteristics that you must incorporate into your online venture.
Do not jump from
programme to programme, know what you want to do and stick to it. Experienced
Marketers understand that there is no fool-proof system that guarantees to make
Be prepared to put in
a hard day’s work especially in the beginning. Do not think that working only
two hours a day is going to mean big profits. Just like every other business,
both online and off line, a certain level of dedication and effort is required
in order to succeed. In fact, there are probably going to be some failures
early on as well.
Be consistent in
constantly taking some type of action to improve your business and treat your
online business like an actual business that you need to market, not a hobby.
You can promote as many programmes as you like but don’t take on too many or
you can quickly find yourself overwhelmed.
Set aside time to be
creative and time to implement the strategies you learn and think up and you
will be a lot more successful. Just one good promotional idea could be worth a
small fortune to you.
One of the first
things you want to do when you are looking for …
Economic News And Job ReportsKARACHI: Chairman Pakistan Peoples Party (PPP) Bilwal Bhutto Zardari on Thursday lambasted the Pakistan Tehreek-e-Insaf (PTI) for bad governance and economic situation in the nation, ARY News reported. The development policies of the Reagan and Thatcher governments were not with no issues. Economic development demands alter and change usually final results in higher financial opportunity for individuals even though, at the identical time, supplying less economic security. New businesses and new industries compete with current businesses and industries for each customers and workers with the result that some firms and industries fail leaving their employees jobless.
Salary Enhance: When the president of USA, President Obama, was interviewed by the chairman of Cable News Network (CNN) on 30th January 2014, primarily based on unemployment in the USA, the president mentioned that he will raise the salary of government workers to $10.10 (ten dollars ten cents) per hour. Rising the salaries of workers will make them create more income and make tiny establishment where the unemployed will be employed.
Economics is important for every person, regardless of whether you study it or not. Anytime you acquire or sell something, economics comes into play. These who know how to realize how the economy operates, and how to evaluate the existing economic climate, can make much much more informed choices when it comes to spending their challenging earned income.
Planet Economics Overview economic news
Financial, Economic And Money NewsKARACHI: Chairman Pakistan Peoples Party (PPP) Bilwal Bhutto Zardari on Thursday lambasted the Pakistan Tehreek-e-Insaf (PTI) for bad governance and financial circumstance in the country, ARY News reported. A primary inspiration for the game was to come from Chris Mullin’s political thriller A Extremely British Coup, published in 1982 and depicting a fantastical scenario of a principled and well-liked left-wing labour leader …