Forex Yellow Pages

My first real job was as a junior enlisted member of the United States Air Force. I had great benefits, but as a low ranking enlisted member my take home pay wasn’t worth bragging about. I was earning a comfortable living for a 19-year-old, but I didn’t think I had enough money to invest. It turns out I was wrong.

A talk with one of my mentors, a senior enlisted member in my squadron, made me rethink the way I viewed investing. During one of our conversations I brought up the topic of investing and mentioned I would like to start in a couple years when I had more money. He listened to me give several excuses why I couldn’t invest and then he said something that changed the way I think and act about investing. Read more…

SAN DIEGO (ETFguide.com) – Warren Buffett is finally spending some of Berkshire Hathaway’s cash hoard. And he’s buying a railroad company. As the greatest investor of our generation, does his latest acquisition signal a market bottom?

Dissecting the Deal

Buffett’s firm, Berkshire Hathaway (NYSE: BRK-A – News), agreed to buy Burlington Northern Santa Fe Corp. (NYSE: BNI – News) for $100 a share valuing the deal at $44 billion.

Over the past year, Burlington’s stock price has lagged the performance of its peer benchmark, the Dow Jones Transportation Average (NYSEArca: IYT – News). Read more…

If you’re like most Americans, you don’t have a secret bank account in Switzerland where you stash money to keep it out of IRS hands.

Being out of the foreign tax-shelter loop isn’t such a bad thing. Uncle Sam recently signed a new tax treaty with that Alpine nation that should help U.S. collectors crack down on tax-evading owners of a foreign bank accounts.

But there still are plenty of  legal tax havens for law-abiding taxpayers. Even better, most regular Joe and Jane taxpayers can easily take advantage of them. Read more…

Watch this interesting view points of Peter Peterson on National Debts; former chairman and co-founder of the Blackstone Group and the author of ”The Education of an American Dreamer.” He pointed out how America got into such a big mess and he is trying to make a difference in setting up a foundation to help up the issue.

Why Trade in Currencies?
There are 10 major reasons why the currency market is a great place to trade:

1. You can trade to any style – strategies can be built on five-minute charts, hourly charts ,daily charts or even weekly charts.
2. There is a massive amount of information – charts, real-time news, top level research – all available for free.
3. All key information is public and disseminated instantly.
4. You can collect interest on trades on a daily or even hourly basis.
5. Lot sizes can be customized, meaning that you can trade with as little as $500 dollars at nearly the same execution costs as accounts that trade $500 million.
6. Customizable leverage allows you to be as conservative or as aggressive as you like (cash on cash or 100:1 margin).
7. No commission means that every win or loss is cleanly accounted for in the P&L.
8. You can trade 24 hours a day with ample liquidity ($20 million up)
9. There is no discrimination between going short or long (no uptick rule).
10. You can’t lose more capital than you put in (automatic margin call) Read more…

Tan Sri Robert Kuok Hock Nien (born 6 October 1923, in Johor Bahru, Johor),
is an influential Malaysian Chinese businessman. According to Forbes his
net worth is estimated to be around $10 billion on May 2008, making him the
richest person in Southeast Asia.

Robert Kuok Hock Nien’s notes on the past sixty years
(On the occasion of Kuok Group’s 60th Anniversary 10 April 2009)

Read more…

Some investors rely purely on mathematics when deciding which stocks to buy or investments to make. But many investors make those decisions relying to a considerable degree on imagination and faith, too.

These “story” investors envision a future path for the world, sometimes improbable, build a case for it, and then think, “How can I make money on that?”

Here are five such broad scenarios that many investors are considering today, at a moment when the economy and financial markets seem to be at a key transition point, from recession to uncertain recovery.

Some of these scenarios are in competition with each other, but all have their adherents, and all present opportunities.  Read more…

The Great Economic Recovery Hunt has been underway for about half a year, and the quarry bag is still pretty empty. A few optimists have tried to wring hope from fuzzy statistics showing that retail sales or housing starts or some other indicator aren’t as bad as they could be. But with the unemployement rate at 9.5 percent and going higher, that’s been unconvincing.

A recovery that will actually feel like one is probably a year away, at best. But we may finally be seeing signs that some parts of the economy are turning the corner. Here are six:

Booming bank profits. Goldman Sachs earned a scorching $3.3 billion in the second quarter. JP Morgan Chase earned $2.7 billion. Citigroup and Bank of American reported less impressive numbers, but each still turned a profit despite mounting losses on consumer loans. To be clear, the banks’ profits have been subsidized by the government’s TARP program and a bunch of other emergency measures meant to provide very cheap capital to the banks. And it’s obviously problematic that a few Wall Street banks are earning a fortune with taxpayer assistance. But the whole financial bailout was intended, first of all, to get the nation’s financial system back on its feet. One toe at a time, it’s happening. The real test is whether a healthier financial system will help the broader economy recover–or bankers just gorge on the profits, keeping loans as tight as ever. Read more…

Long-time personal finance columnist Scott Burns writes that by working for four summers starting at age 16, putting the money in a Roth IRA, investing it wisely and waiting until age 67, it’s simple to become a millionaire. That’s the 51-year plan. But what if you’re not that patient – or that young? Lucky for you, there are many ways to hit the million-dollar mark, but the faster you try to get there, the harder it becomes.

$1 Million the Hard Way

Let’s say you want to become a millionaire in five years. If you’re starting from scratch, online millionaire calculators (which return a variety of results given the same inputs) estimate that you’ll need to save anywhere from $13,000 to $15,500 a month and invest it wisely enough to earn an average of 10% a year. That means taking calculated risks, diversifying and avoiding investment fees like loads and broker commissions. Read more…

This article is part of a series on Trading Today’s Market.

As the historic market collapse felled many investors, a handful set themselves apart by scoring big profits.

Now, several of these money managers expect more bad times ahead, including struggles for consumers, limp earnings and a possible surge of inflation.

They also see pockets of opportunity.

George Soros is bullish on China, India and Brazil. John Paulson is investing in distressed debt, residential mortgages, even companies in bankruptcy proceedings. Alan Fournier, a lesser-known investor with a strong track record, likes some health-care shares, while James Melcher, also successful lately, likes corporate bonds.

“We’re trying to make hay while the sun’s still shining,” says Mr. Fournier, who runs $2.8 billion Pennant Capital. “Maybe we can rally through the summer, perhaps for another year, but there are a lot of difficult issues that we’re going to have to deal with.”

Mr. Soros is just as wary. The renowned 78-year-old investor and philanthropist calls the current terrain a “trading market,” saying in a recent interview that investors should take profits when shares surge, even if they look promising long term. Read more…