An Asian export slump exacerbated by Europe’s sovereign-debt crisis and an uneven recovery in the U.S. is putting pressure on policy
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The UN Economic and Social Commission for Asia and the Pacific (ESCAP) reduced its gross domestic product (GDP)
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India’s index of industrial output (IIP), a key measure of industrial output, fell 3.5 per cent in March 2012
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It's not everyday you can find people to take the opposite side of a trade from Warren Buffett
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This year, hundreds of thousands of Americans are expected to be too broke to file for bankruptcy.
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The government said the country should double its growth rate next year, as it unveiled new forecasts for Europe's top economy.
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The Asian Development Bank (ADB) in its latest reports released on Wednesday said that Pakistan's economic outlook is expected to stay modest
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Global agency Standard and Poor’s (S&P) on Wednesday lowered India’s rating outlook to negative and warned of a downgrade in two years
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Gold prices are due for breather this year, says international investor Jim Rogers.
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A small number of investment professionals around the world are competing behind the scenes to turn the gem into a commodity that would be available to investors
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On Saturday, economist Marc Faber appeared on CNBC to his give his outlook for the stock market.
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Gold prices have fallen in quiet trade, following crude oil's losses, as worries about Spain's ability to repay its debt
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Spain's debt yields broke above 6% on Monday as investors worried about its budget
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India will become the world's largest economy by 2050, surpassing its neighbour China, says a report.
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Russia's economic recovery is relatively weak and its level of investment inadequate
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Spain's central bank said Friday that government debt rose to 68.5% of gross domestic product in the fourth quarter, the highest since at least 1990
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Two rounds of European Central Bank lending have banks across the Atlantic awash in a “ sea of liquidity,” according to a note from Citigroup economist Willem Buiter, but the risk of a Spanish sovereign debt
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Britain's economy shrank by more than anticipated in the fourth quarter of last year as households reined in their spending
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There is nothing new happening under the sun. What has already happened will happen again, as the world goes through the same cycle over and over again.
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An Indian government company with more than a quarter of a billion customers has once again dug into its pockets to prop up its financially-strapped owner.
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Further Resources
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- There are a few
free forex trading signals now being offered that can assist you in determining when to buy and when to sell certain stocks.
- India will become the world's largest economy by 2050, surpassing its neighbour China, says a report.
Kamal Nath politician is all for the growth and expansion of India not only in population but economically
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Investing Yourself in Your Investments
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When it comes to the financial markets and investing in them, one of the biggest mistakes that people make is that they fail to make the effort to know what they are doing. They are playing the market without knowing what the difference between a put and a call. They have no idea what a butterfly or straddle is. Nor do they know the difference between going short and going long. Forget about being inexcusable, this is unforgivable.
Do your homework. Spend some time doing the research and understand what you are doing.
You’d be excused for thinking this is a rookie error but sadly it’s not. It’s one of the problems why Wall Street fared so badly in the second half of 2008. Many people were doing things they didn’t truly understand. Overleveraging was a massive problem as was sub-prime lending. People were happy to cash the profits but weren’t too concerned what the cost of them was.
The same thing happened with Barings Bank and Nick Leeson. When he was making unauthorized speculative trades this was ok because his £10 million profits accounted for about a tenth of Barings annual income. He received a bonus two and a half times his annual salary. But when things went south and losses grew to over £200 million they turned his back on him.
You don’t normally hear the sob stories because no one wants to tell them. Everyone only brags about how well they did. But one has to truly appreciate the risks of playing the market. Like anything the potential ups equal the downs and one has to be prepared for both outcomes.
The problem is when people look for short cuts and like most things, you can’t rush things. You just have to let them be and let things take their natural course. If you don’t have any patience, than the financial markets definitely aren’t for you. The same if you are worrier. Do you really want to be logged in to your computer or Blackberry every second of the day monitoring your portfolio and seeing how much money you’ve gained or lost in the last 80 seconds?
Investing is meant to be a step to take care of you at the end of your life. It’s meant to take your worries away. It isn’t meant to be the source of your worries.
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