Wisdom of Rich Dad

As I read through the Wall Street Journal article I came across a puzzling line, “Pricing [of silver] are rising despite oversupply and a lackluster recovery in industrial demand.” While this is partially true, it distorts the overall investment picture.

The silver market is a complex one—and a manipulated one. The biggest silver investors are commercial investors like JP Morgan and HSBC, and Exchange-Traded Funds (ETFs).

Yet, there is a big difference the big investment firms, and the ETFs. The big commercial investment firms take short positions on silver that require no actual transfer of physical silver and the ETFs buy physical silver to hoard and sell as shares (though there is debate as to whether they have enough to cover the shares they sell).

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Donald Trump states that he will be running for US President as a Republican, and that he will likely announce in the summer of 2011.
He also talks about the Mideast Explosion could destroy OPEC and lower the oil prices.

Despite what dozens of personal financial wizards and experts say, get rich schemes DO work.

Usually for the person running the get-rich scheme.

The guy who is at the top of the  pyramid marketing scheme does ok.

The gal who is running the Ponzi scheme gets rich quick.

The internet marketer who teaches you how to internet market to people who want to learn how to internet market also gets a few bucks the easy way.

But there are other ways you can make money quickly and easily.

1. Be pretty
Studies have shown that pretty people make more money. Pretty people can network easily, too. But that’s not even what I’m talking about. The television and movies and music biz are full of pretty–yet so-so talented–people, who make big bucks.

2. Marry rich
See number 1.

3. Be stupid
Stupid people and stupid organizations get bailed out. How many dumb CEOs out there have been able to turn their idiocy into a wave of government checks? Many. Same deal with dopes who bought houses that were too big and too expensive.

4. Grab your 15 minutes of fame
This often relates to Get-Rich-Quick method 3. But, grabbing a few minutes of fame by doing something completely idiotic and turning it into a few bucks is pretty easy. Heck, you might even turn it into a career.

5. Become a politician
Politicians can go from Joe and Joe Ellen Ordinaries with good ideas and swell ideals to power-hungry thugs who control trillions of dollars. They also get nice perks, like good health care and free lunches on flag day.

If you are someone who is contemplating to invest in shares of a company, you should be aware of how investing in shares can be profitable for you.

Income from shares comes in two forms. Firstly, over time, the value of the shares gets appreciated. Say, for instance, you buy 100 shares of a company today at $10 each. After a few months or sometimes even days, the value of the share increases to $15 per share in the stock market. If at that point, you sell your shares, you will be making profits of $5 per share, which is your income from making investments in share.

The second earnings from share come in the form of dividends which companies pay to their shareholders on a quarterly or yearly basis. Let us know what these dividends are and also how to calculate dividends per share.

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There’s no question that moving can be an expensive proposition. From packing materials and movers’ fees to travel expenses and utility fees, you should realize from the start that moving expenses cost way more than the actual transport costs.

Still, moving is a natural part of life and an expense that cannot usually be avoided. Read on to find ways to tips for budgeting for your move and some ways to save on your move so that you can move safely, securely and affordably.

Consider how much money you have to spend on the move. The golden key when budgeting for a move is to determine from the outset how much you can afford to spend. While you surely wish you could pay a small sum, take into consideration that if you skimp on the process of the move, you’ll have to put in more of your own elbow grease, which may prevent you from working (and earning money that could help pay for the move).  Read the rest of this entry »

Other than the fact that they should probably stick to singing only in the shower, is there anything business owners and managers can learn from watching “American Idol”?

Tom Fox, director of the U.S.-based Center for Government Leadership, writes a regular column on leadership for the Washington Post. He recently identified four lessons that business leaders can learn from the heart-to-heart talks that the three judges – Randy Jackson, Jennifer Lopez and Steven Tyler – have with each singer about their performance.

“Now that the Top 24 finalists have been selected, the judges must have honest, direct and sometimes uncomfortable conversations about whether contestants are likely to achieve their hopes and dreams,” says Fox. He notes these are just the type of conversations many leaders try to avoid.

Here are Fox’s four tips, and one of my own: Read the rest of this entry »