Saifun -- Is It The Little Flash Company That Could?

NASDAQ: SFUN 26.88

Do you think the market for smart phones, digital audio (MP3) players, consumer solid state drives (SSDs), portable media players, digital video cameras, GPS devices, multimedia and music handsets, memory cards and USB flash drives are growing? All these products provided a disruptive position taking away market share from their predecessors.

One market segment that could see even stronger growth than these separate products we mentioned, and include other growth products, is the flash memory market. Flash is a root component used in all the above products and more.

Based on history we are forecasting that flash is the memory medium of choice for a plethora of devices in the consumer electronics in wireless devices and that flash will grow faster than the wireless devise market. It appears that in the past, memory for computing devices has grown faster than the device that utilizes the memory. Memory of the Personal Computer (PC) and the Internet has grown faster than their supporting platform. With the PC creating tremendous growth and history as our guide the demand for both memory and disc drives for the personal computer was often the impetus of many upgrade cycles. The Internet with the many millions of new web pages created a tremendous growth in storage. Ive seen in many reports that forecasted storage of the internet has been one of the fastest growing subsets of the internet as a whole.

With a decrease in price per gigabyte (GB) of more than 80 percent over the past three years and with the high growth in wireless data the need for new and addition memory could exceed the growth of the hardware device market that uses flash for its memory. The current market in flash memory is about $25 billion annually and its forecast is about 40 billion by 2010.

With each new product cycle the advantages of flash have become more disruptive allowing it to become about 30-40% cheaper every year. Many experts are forecasting this disruptive curve to replace the disc drive market for PCs. Flash has already replaced hard drives in most MP3 players.

Currently the flash memory is designed to support two types of flash memory. One type of memory supports your machines internal usage or operating system, the other type is for more external storage needs. The internal memory often uses the architecture of NOR, which has been established for years and Intel (NASDAQ:INTC) considered by many as the market leader. The NOR technology is a more complex technology and is starting to see the market mature.

Often you will find both NOR and NAND in the same mobile device.

The much faster growing market is for external memory market needs or NAND and the one of the leaders is SanDisk. SanDisk Corp. (NASDAQ: SNDK), founded and managed by president and CEO Dr. Eli Harari. SanDisk and Toshiba jointly launched the multi-level cell (MLC). This technology made it possible to divide the cell and store two bits of data on the same piece of silicon (x2, as it were), which significantly improved the profitability of manufacturers and fabs, basically doubling the price performance curve.

This process has become the leader and allowed NAND MLC to become disruptive to the predecessor NOR architecture and in 18 months penetration has been so great that MLC is becoming dominate force in flash.

We believe that this new curve of double captivity on a single cell technology will become the single most important factor for next generation flash memory, and it will become essential as flash is staring to see possible limits in the reduction of its die size as many experts are starting their forecasting. If flash is going to continue on its curve of lowering the price of a gigabyte by 80% over the next three years, it is my opinion they will need an architecture thats designed specifically to establish this goal. There is a proprietary NROM architecture that has many advantages toward increasing capacity of bits per cell. The NROM is close to production of 4 bits of memory in each cell or quad flash.

The company we believe has a unique position and leads the NROM approach in the flash memory market is an Israeli based company called Saifun (NASDAQ:SFUN).

Saifun is an intellectual properties company which its revenues come in three forms: licenses, royalties and support. This type of model has been very successes for our model portfolios in the past. The three previous companies that had core business from intellectual property we investment into our portfolios were Qualcomm (NASDAQ:QCOM) in1997 at 3.31 per share and still holds a position. Arm Holdings (NASDAQ:ARMHY) in 9/29/1999 @ 9.60 and holds half a position and Rambus (NASDAQ:RMBS) in 1998 which appreciated about 350% in 2000 and we sold the position in the model portfolio when Intel stopped supporting the Rambus architecture late and 2000 and in 2001.

Even though it is very early is Saifun publicly traded history we are excited by its new form of flash memory architecture, it appears that Saifuns approach has many advantages over the more established NAND and especially NOR. The single most important part is their technology curve. They have the ability to double the bits per cell allowing for a second compounding curve. The other architecture they are working hard on is to shrink their size and increase density, but we believe that Saifun with its simpler model should achieve a smaller die than the others but the real advantages with Saifun is the ability to allow 4 bits of memory in every piece of silicon (x4). Doubling again the events of MLC while at the same time reducing their size thus possibly leading the new flash architecture. Another advantage is NROMs ability to work both as an operating system and memory component being able to supply both markets that individually NOR and/or NAND has target.

A second company has just announced that in 2007 they will start producing a 4 bit cell in NAND. The company making this announcement is M-Systems (NASDAQ: FLSH). They claim they will have a product on the market some time in 2007. Even though they have achieved this tremendous breakthrough we believe that because they use the whole cell instead of a fraction of the cell for this doubling process, the whole cells ability to double again may become geometrically tougher. On the last review M-Systems has not explained their business model to (make at own fabs or licenses) and delayed the secondary offering.

It is has been our opinion that companies that form successful royalty models resemble gutters and the fab companies have the appearance like shingles when looking at a roof. When it rains the gutter can create a stronger stream receiving income and achieve a much higher level of profitability. The delay of M-Systems secondary offing might reduce the chance of more fab developments.

Either way this looks like a marathon race and since this is such a very large market it will be about a $40 billion market when quad flash is widely available, that means that any of the top three or four should benefit.

Saifun already competes extremely well with NOR but early 2007 when it doubles the number of bits from 2 bits to 4 per cell it should be able to show advantages over MCL NAND currently the price performance leader. Saifun has a chance of repeating the same step that, in our opinion, allowed SanDisk to lead the last cycle.

There are many new technologies looking to replace flash but at this point there are a few that are close to achieving mainstream volumes. You should know the Saifun technology hibernated for about twenty years. This is very common, the Internet incubated for about 30 years and electricity for 100 years. New technologies often hibernate longer than people anticipate, and then it seems that they often almost explode onto the seen very quickly.

Even though Saifuns approach is about 20 years old, the technology they have just started to achieve is commercial feasibility.

The true advantage is since they only use points in the cell versus in the more convention approach such as NOR or NAND that uses the whole cell. This simpler usage allows for higher data retention and also provides a faster response time, and hopefully more density, and less power.

This is a tremendous advantage having 4 times the bits in competitive cells. Saifun also believe future that future cells could expand to possible to 8 or even 16 bits per silicon.

Possible risk

Saifun only has a handful of clients, if they loose Infineon Technologies (NYSE:IFX) Saifun largest client, they would impact their business tremendously. On a side note, it looks like it will pick up UMC out of Taiwan.

Saifun has basically signed many very large vendors like Sony (NYSE:sne) and Spansion (NASDAQ:SPSN) a spin off Advanced Micro Devices (NYSE:AMD) / Fujitsu (pink sheets) these based solely on the flash market are small in the market, since the production volume is small this could make it harder to be designed into leading volume products.

Even though we believe NROM offers a simpler cell structure with several layers, we believe it will be easy over time to reduce or migrate to a smaller form factor, but this has not been completed in high volume production. If and/or until they can compete in a smaller form factor this company will be, based on unit size, be at a significant disadvantage. Experts believe in 2007 this disadvantage should be at most minimal and Saifun believes in late cycles this will be come a true advantage.

To summarize

1) If Saifun continues to lead the flash market with more bits per cell with NROM flash architecture.

2) If Saifun if achieves the forecasting of smaller die than comparable flash.

If Saifun achieve either of these goals it could become an architecture leader in the flash memory market. If they are able to achieve both they would attain a real architecture leadership position.

According to several of our monopoly theories, available at www.durig.com the stock market value of the companies that lead architecture often grow faster than all the combined companies stock market values that utilize the architecture.

Thus, if Saifun become the dominant architecture with the smallest die size in my opinion it will probably attain the leading stock market value in the flash memory market.

Randy Durig manages the several Portfolios including the Monopoly Technology Portfolio to see the full list go to http://www.durig.com and http://www.money-manager.us

Durigs Monopoly Blue Chip Portfolio National Performance Rankings: 3rd In the United States, Ranked by 3 year annual return, for Large Capitalization Blend, 4th Quarter 2005, By Money Manager Review.

Randy Durig owns Saifun in discretionary client's portfolios and in his own account. Past performance is not a guarantee for future returns. All information we believe to be correct but make no guarantee to accuracy.

Randy recommend for open source investment news to read or publishing articles go to http://www.investment-investment.us.

Collecting Licensed Art Product One Of America's Biggest Businesses... And Hidden Secrets

FROM AMATEUR TO SAVVY ART PRODUCT COLLECTOR (CRASH COURSE)

If you are the average collector, like me (or like I once was), you think of a nice rendering in a lovely picture frame that looks nice on the wall and color-coordinated with carpet, furniture, and the like.

I thought that for many years and then I grew savvy.

I still love art as much as any art collector; I have some Dali unlimited editions, lots of framed museum poster art and the like.

But it wasn't until I learned about licensed art products that I learned the real game.

The bulk of art trade today, is not done on picture frame; but on art collectibles such as tee shirts, mousepads, porcelain plates, sweatshirts, caps, and other such items.

When I was in first grade, you could buy a Fun With Dick And Jane lunch box for about 35 cents. That same box goes today for around $200. Early similar Peanuts products have brought a thousand or more. These are not framed art pieces but licensed manufactured merchandise.

So what to buy?

Well I always say buy what you like because no matter what the value, you are going to enjoy owning it.

But if you want to hedge as they say in the stock market, do a little research and find out who is right on the edge of fame, up-and-coming, etc. and their prices are still low on their manufactured goods. Usually most of these goods from t-shirts to mousepads to tote bags range in the $20-$30 range.

When I first became a cartoonist, in 1997, I had zero knowledge of the art licensing business, much less did I know that it is one of the largest volume businesses in the U.S. With about 40 billion dollars exchanged annually in it.

It was not until almost 10 months ago, when I began licensing my own cartoons onto manufactured products at deep discount rates, did I realize, (and surprisingly how many people were and are buying) that there really are collectors out there who are serious. (I was relatively unknown when the first purchase came in).

So I studied how the Internet-savvy investor figured out who was up and coming and who was not. There are a number of analytical sites; one owned by Amazon.com called Alexa.com and another called Netcraft.com. Most investors monitor weekly or monthly how their favorite creator is doing. With about 8-10 billion websites on the Internet on any given day, most just look at the top 1 million websites that include, art, cartoons, cartoon merchandise, etc.

Our main cartoon website has now received 7.5 million visitors since 2005 (I can remember when 100 per day was reason to celebrate); now it is more like 4000+ per hour). What was my formula? I wish I could tell you. I did a lot of blogging and article writing (still do) and keep creating.

I can sleep well at night when someone buys one of my cartoon mousepads, or tee shirts, or whatever, not just because it causes laughter which is a good thing, but because we have been scrutinized by the Internet analytical community as up-and-coming which means now buyers can buy and begin collecting at a very reasonable price, which, next year, might not be so reasonable; I wish I could control that; I can't, the manufacturer gets to do that. If it were up to me, I'd sell it for pennies so everyone could enjoy it. But I can't.

My point (seems like hype, of course) and partly it is. But I can only tell you about my own experience (being on the verge of being well-known, not quite there, I'd say); I can still walk around town and nobody raises an eyebrow. These days, unlike the days of old, "celebrities" are not necessarily flesh that talk seen on celluloid (aka Hollywood); many "celebrities" of today are common everyday people who took the time to study various marketing techniques of the Internet and made it work for them.

Whether you buy and sell licensed art goods, pure art, electronics or anything else, the same principals apply on the Internet that do in a department store. Except the Internet can be even more brutal. Word of mouth gets around lightening fast and if you make a mistake, thousands if not hundreds of thousands of people can know about it within hours if not minutes. On the other hand if you do something right, the same principal applies. Not to worry, you *will* make mistakes and most people can accept them. The issue is not if you make one or not, but if you learn from it. I don't always, but I do try my best, and I can honestly say I make a lot less of them today than I did a decade ago when starting.

Does that make me an Internet guru? I have some bad news. There ARE no Internet gurus, and frankly I am not so certain there are gurus in any field, though, there are some who know a bit more than others and are generous enough to teach it. The Internet is for everyone. It has leveled the business playing field. Information that used to be available just to large corporations are now available to all of us. It is how we use it that matters.

I would never teach you all I know even if I could for a variety of reasons. One being, it might not be your style. You might not have the slightest interest in buying and selling licensed image collectibles. You might, but mine might not be your taste. You may love mine, but my style is different than yours. A lot of paths lead to that Internet pot of gold. You may like blogging more than article marketing. Social networking might be your thing. You might be a wiz at ppc marketing. I try to learn a little about each and interconnect it all with incoming links. That seems to keep my sites ratings high. I still have much to learn, but so do the "so called gurus" who taught me.

If you still think there are "gurus", think about this. If Albert Einstein came back from the dead and was to be thrown into the workplace, he'd probably be fired immediately (he wouldn't even know what the Internet was much less how to send an email. So even the guru that he was, gurus are here today and gone tomorrow as information changes. The secret, I think, is to keep up with that ever changing information and become flexible. Some information is right on target and some people who claim to be gurus don't have a clue.

Can you imagine the Dali Lama telling you "Hey, I'm a guru. Look at me!" Nope. Too humble; and probably the closest thing to one. So if someone is hyping him/herself or another as a guru, don't walk, but run the other way. That is what I do and I make a lot more money, as do my associates by taking that posture. We all have the "guru within". I

In any case, the bottom line is not just to research but have fun; don't buy just to sell at a profit; not that that is a bad thing, it is not;l but buy what you enjoy, and you will (usually) find someone else enjoys it just as much if not more, and is willing to double or even quadruple your profit within a few years.

Rick London is a cartoonist and owns two licensed cartoon e-stores; Londons Times Tees http://www.londonstimestees.com and Londons Times Superstore http://www.londonstimessuperstore.com He recently invented the world's first fully-automated medical alert device called Insert Alert http://www.nsatinc.com

My 7 Most Important Business Lessons

Millions of people start new small businesses in the United States every day. Many fail at running a small business every day. What causes one business owner to succeed where another fails? There are seven key areas to focus your efforts for a successful small business. It starts with knowing oneself and ends with not being afraid to ask for help.

1. Know Yourself

Having your own business is more than just creating a job for yourself. To be a successful small business owner, there are many personal sacrifices you will be required to make. You have to be willing to make them. By knowing yourself and what is truly important to you, you will be able to make these choices far easier than if you have never considered your priorities.

Your basic roles in a small business are in marketing, planning, finance, and administration. To get the best results, it is rare for one person to play all these roles equally well. You must know which parts you can handle yourself and which parts you're going to need help with. That's why it's so important to be objective and take a close look at your overall strengths and weaknesses. Ask yourself the following questions:

- Do you plan before you take action? - Are you willing to hustle for the sale? - How financially savvy are you? - Do you have a well thought out plan? And, do you work the plan? - Do you know how to make sales happen? Can you ask for the sale?

In those areas where you assess yourself as weak, you can ask for help.

2. Ask For Help When You Need It

When youre young and unseasoned, you tend to think you can do anything. This is a recipe for disaster for the small businessperson. If you insist on doing everything yourself, you will work 16 hours a day and not do some things well.

Remember, getting results is what counts! With outside advice and assistance, your quest for a successful business can be accomplished faster and with far fewer bruises than doing it yourself. When I started my first online business, I even created by own website. In retrospect, this was a big mistake. It took me far longer to create my site than having a more experienced person do it. Start equating every second of your time with money. Your time isnt free. While you are trying to do everything, whats falling through the crack?

Don't be too proud to ask for help, we all need help sometimes. With the Internet, the small business owner has a wealth of experience available to them. Why not take advantage of the many resources, paid and otherwise, available to you? Join a small business forum, like the Small Business Forum (www.smallbusinessbrief.com/forum/) where you can exchange knowledge with other small business owners. Access the millions of online articles on every business subject you can think of at ezinearticles.com.

Qualified sources are also available from your local government offices and other professional services. It is important to recognize -- what you don't know can end up costing you money and greatly reduce the chance of achieving your business goals.

With all that knowledge, you need a plan of action.

3. Action Planning

I like to call it action planning rather than planning. Action is the only element which turns a plan into reality. Many people are great at planning but they suffer when it comes to follow-through. Successful small business owners are action oriented. But that action starts with a plan.

According to leading authorities, the main reason 80% of all new businesses fail within the first five years is not money, but the lack of planning. If you want to succeed, the trick is to know how to make right the decisions by implementing an effective business plan. Remember, if you fail to plan, you might as well plan to fail.

A business plan should include how you will finance the business, who will perform certain critical business functions, the license and permits required, accounting method, as well as what you know about your prospects and customers.

4. Mind Meld Your Customer

Just knowing your customer isnt enough for long-term success in your small business. In Star Trek, the Vulcan race had the ability to perform a mind meld. At the time of the mind meld, they could see, think, and feel everything their partner was seeing, thinking, and feeling. This is how close you must come to understanding your customer. The closer you get, the more successful you will become.

Are you listing to your customers? Make it your business to give your customers what they want and they will buy from you. They are the reason you are in business, and your future depends on them. The products and services you provide should be a direct reflection of their needs. Think in your customers' terms; buy, show, sell, and say things that interest them, not you. Don't forget, it is the customer that determines whether or not you succeed. They vote every day by where they spend their money.

Reflect on the following questions:

- Do you know the reasons why customers shop at your store? (service, convenience, price) If not, ask!

- Do you seek suggestions from your customers on ways you can boost business?

- Do you use a store or online questionnaire to aid you in determining your customers' needs?

- Do you stay in contact with customers on a regular basis?

- Do you ever try to re-establish a relationship with lost or inactive customers?

A key to success lies in knowing your customer. The other half of the equation is to know your industry.

5. Know Your Industry

You can gain the greatest competitive edge if you intimately understand your industry. You must know the ins and outs of your particular products and industry. You should know every competitor as well as their strengths and weaknesses. Its in your competitors weaknesses where you will most frequently find your own success.

Your competitors size, services, location, marketing approach, type of customers, suppliers, and pricing strategies should be as well known to you as your own. Your local business climate, median household income, level of education, ethnic population, and the other demographics of your potential customers should be second nature to you. To prosper, you must know the game and the playing field intimately.

Many people focus upon these areas but still fail. Why? They focus more upon the product than the finances of the business.

6. Maintain Good Financial Records

If you don't know where your money is going, it will soon be gone. The "game of business" is played with products and customers, but the score is kept in dollars and cents. Good financial records are like the instrument panel on your car, they keep you posted of your speed, fuel level and engine condition. Without them you're flying blind trying to pace the other cars. If you know how much you're spending, buying and selling, you can take control and help your business make more money.

- Do you have basic accounting knowledge? Or, do you have someone you trust to keep the books?

- Do you maintain every receipt you obtain through the running of your business?

- Have you computerized your business to streamline everyday tasks and business procedures?

- Do you use sales forecasts, expense sheets, and financial statements on regular basis to assess the progress or your business?

- Do you evaluate your operating expenses and make necessary changes on a regular basis?

Many people erroneously believe good record keeping is for the government and those financial obligations. They are wrong! Good financial record keeping can help your business succeed. Use the financial information available to make improvements to the operation of the business and improve profits. Remember through it all, the old adage cash is king is true.

7. Manage Your Cash

It doesn't matter how unique your store is, your business can't survive without good cash flow. Cash is the lifeblood of your business. The money coming into or out of your store is the vital component that keeps your business financially healthy. For profitability, more cash must come into the business every day than goes out of the business. You can have the greatest sales in the world, but if its all in receivables, how will you pay your bills?

A monthly Cash Flow Statement is a critical business tool. It shows the amount of money at the start of a period and how much cash was received during the period. It identifies the various sources of incoming cash and the reasons for outgoing cash. Budget wisely. Know the sources of your monthly income and expenses. Then, you won't have to worry about running out of money. And that is a good thing.

Like any game, the game of business has rules and tools. Those who excel at the game, play it better than their competitors. Keep focused upon these seven critical areas and you will succeed. Remember, Albert Einstein once defined insanity as doing the same thing over and over again and expecting a different result. Isnt it time you changed the things you are doing so you can succeed? I think the time is now!

Michele Schermerhorn calls herself a Corporate Freedom Fighter dedicated to freeing cubicle prisoners to experience their own successful online business. She has over 30 years experience in the business world and over 12 years running her own successful online businesses. She is President of Online Business Institute Inc. (http://www.obinstitute.com), authors a sassy marketing blog (http://www.imarketblog.com), and regularly conducts free online seminars. Online Business Institute Inc. exists to Create Successful Online Business Owners One Person At A Time.

Online Futures Trading - Advantages and Disadvantages

What Is Online Futures Trading?

A futures contract is an agreement to buy or sell a commodity at a date in the future. Everything about a futures contract is standardized except its price. All of the terms under which the commodity or financial instrument is to be transferred are established before active trading begins, so neither side is hampered by ambiguity. The price for a futures contract is determined in the trading pit or on the electronic trading system of a futures exchange.

The internet now allows access to those electronic trading systems from anywhere in the world. This increases liquidity in those markets and makes them even more attractive to traders.

Trading on all futures exchanges takes place against a backdrop of statutory regulation and rules as laid down by each exchange and the Commodity Futures Trading Commission (CFTC). Regardless of whether your trading is executed within the trading pit or electronically, it is subject to the same rules, regulations and safeguards.

Advantages of online futures trading

Leverage. Futures operate on margin, meaning that to take a position only a fraction of the total value needs to be available in cash in the trading account.

Commission Costs. Electronically traded futures contracts require no human intervention to match buys and sells unlike a traditional futures pit. This means that commission costs can be cut dramatically, leading to significant savings for the frequent trader.

Liquidity. The involvement of speculators means that futures contracts are reasonably liquid. However, how liquid depends on the actual contract being traded. Electronically traded contracts, such as the e-mini's tend to be the most liquid whereas the pit traded commodities like corn, orange juice etc are not so readily available to the retail trader and are more expensive to trade in terms of commission and spread.

Ability to go short. Futures contracts can be sold as easily as they are bought enabling a trader to profit from falling markets as well as rising ones. There is no 'uptick rule' for example like there is with stocks.

No 'Time Decay'. Options suffer from time decay because the closer they come to expiry the less time there is for the option to come into the money. Futures contracts do not suffer from this as they are not anticipating a particular strike price at expiry.

Automated trading. Electronic futures brokers offer the facility to programmers to interface directly with their trading software. This means that custom written trading software can automatically trade a strategy without any human intervention at all. A system can make buy/sell signals which are automatically routed to the exchange along with any stops and targets.

Almost instant fills. With electronically traded futures there is no need to call up a broker and wait for a fill from the trading floor. Orders are instantly placed on the electronic order book and filled as soon as a match is found - for liquid contracts such as the emini S&P500 this will be within a second.

Level playing field. With traditional pit traded futures the professional in the pit has a major advantage over the retail trader in terms of speed of execution and costs. Electronic futures trading offers all participants exactly the same advantages.

Disadvantages of online futures trading

Leverage. Can be a disadvantage if it encourages trading with too high a risk for a particular strategy. A carefully devised money management plan is essential.

Overtrading. The instant nature of electronic futures trading coupled with low commission costs and tight spreads can encourage a trader to take additional trades to those determined by their trading plan.

Online futures trading offers significant benefits to the retail trader. However, a carefully developed trading plan must be formulated before attempting to enter this extremely competitive business.

Tim Wreford operates Online Futures Trading, a website that provides information and resources for traders. Tim also provides an article detailing the development of a day trading system, the results of which are updated daily on the site.

Forex Trading Tips

Forex trading has the highest volatility of any investment market in todays global marketplace. Forex has a volatility of 500. Liquid stocks volatility is from 60 to 100. Smart investors are currently jumping into the forex market at record numbers.

With access to a computer, an investor can go online anywhere in the world 24 hours a day, except for the weekends. A Forex investor is in control of his account. With the right strategy and attention to world events, a Forex investor can reap substantial profits with his investment.

Although an investor can enter the Forex market with very little capital outlay, he should keep in mind that, with the volatility of the currency market and the economic and political turmoil around the world, Forex trading is not risk free.

A Forex investor must be able to analyze the news, not just listen to it, and after analyzing the news, an investor should use proven strategies when buying or selling. An investor should never make and investment decision based on fear or greed. He should consult reputable charts and graphs and known and proven market indicators before making a decision. A Forex investor should familiarize himself with the big players and political figures that influence the market. Learn personalities and listen to fellow Forex investors. Because Forex traders all trade in currencies, there is no threat of insider trading. Every Forex investor is an insider. With the right strategy and insight into what moves the market, a Forex trader can be very successful.

Milos Pesic is an expert in the field of Forex Trading and runs a highly popular and comprehensive Forex Trading web site. For more articles and resources on Forex related topics, online forex trading, trading tips, forex software and much more visit his site at:

=>http://forex.need-to-know.net/

Put Your Money in a Foreign Bank Account at 10% Interest - No Don't

Many foreign banks have deals for those with American Dollars to put their money in accounts with a guaranteed interest of ten percent, even backed by Lloyds of London. Is this a good idea? Where else can you earn 10% on your money leaving it in a bank?

Well, it sound like a good idea at first and some banks really need US Dollars because they are a trusted currency and used to secure International Shipment Guarantees; so they are willing to give ten percent because the shippers only trust the US Dollar. Meanwhile, your money sits in the foreign bank tied to the local currency exchange.

In my personal opinion that sounds scary. If the currency is stable that is one thing, but I have watched people lose money doing that. If you make 10% great, but they could have a huge devaluation, nationalize all bank accounts, anything like that. What if you make 10% but if the devaluation is 22% less? So you have ten percent more money but that money is worth 22% less - see why it is risky?

In my personal observation; I have watched huge US or World Bank Investments in nations, running things up until all that money was siphoned out quickly, crashing the currency; temporary inflation and zapped. I have seen year over year strong growth only to watch huge market adjustments and currency swings in many of the foreign nations offering these deals.

As a small-time investor you can get hammered playing currencies or even using such a bank account scheme, although in some cases money has been made as promised and the foreign currency has even gone up during the time period, thus interest plus increased valuation.

Now then, let's say you are going to put US Dollars into an El Salvador Bank at guaranteed interest of 10%, but during the time period the currency devaluates? Well, you have 10% more money minus the devaluation, and you still took a huge risk outside the safer US Banks paying a lower interest rate.

On the other hand investing in El Salvador Bank shares might be different as stock, but I have no clue, what they are loaning on or how they operate. If you have first hand knowledge then that makes sense or if you are traveling and wish to have some money already there as you travel it also makes sense. Indeed, one has to consider what the money is being used for while the bank has it. Such as Guerrilla War financing, drugs or some thing sinister?

In my personal opinion - Investing in Emerging Market Debt can be a good play from all I read. Even larger multi-national banks are invested in these places; I like some of the "micro-loan" programs that are going on out in the world. There is a lot of risk investing in one particular bank stock or play of course.

My thoughts and in my personal opinion; would be I guess to find a Mutual Fund that specialized in emerging debt markets, that was diversified with some top managers and decent track records.

San Salvador has Earthquakes, weather issues, all sorts of things, guerillas, drugs, it is a third world country. In my personal opinion - I worry about Central Banks really. I like the Central Banks in Chile, Malaysia, South Africa, but of course the interest they are paying is not close to what you have quoted. Well I guess those are my personal opinions on the Bank Account Scheme.

L. Winslow is an Economic Advisor to the Online Think Tank, a Futurist and retired entrepreneur http://www.worldthinktank.net . Currently he is planning a bicycle ride across the US to raise money for charity and is sponsored by http://www.Calling-Plans.com and all the proceeds will go to various charities who sign up.

Stock Picks 101- How to Maintain a Trading Diary

Those that dont know history are destined to repeat it. Edmund Burke

Trading is a business. Like any business, it has items of value. In your trading business, your inventory of cash is the most important asset. You must preserve it and increase it at all costs.

You also have financial tools. One of your business more subtle items of value is your decision making process. You must constantly be striving to improve it.

This is where a trading diary comes in. A diary lets you log and then analyze your decision making process. Such an at-a-glance is invaluable for doing the kind of self analysis you need to make sure your decision process continuously improves.

Every trade you make should be entered in your trade diary. Enter the date, time of entry, symbol, company name, number of shares, price per share, setup, trigger, expected trade duration and your subjective state. These entries should be made at the time of the trade. They decrease in value in proportion to how delayed you are in making the entry. In other words, make them right away!

Trade exits should be noted with similar items to the entry including the profit or loss. Of course, youll find that youll develop your own list of items to include. Whatever you do, be consistent.

Heres a neat tip: also log trades you did NOT take but you seriously considered taking. Make a note of why you decided against the trade. Then you can go back later and see what might have happened if you had taken the trade. This will give you additional insights into your decision making process.

In addition to keeping a trade diary, you should also maintain a spreadsheet that shows you all your positions at a glance and how theyre doing. To get you started, here are some ideas for columns you can include in this spread sheet:

Symbol
Sector
Description
Quantity
Purchase Price
Purchase Date& Time
Comm.Cost
Latest Price
Market Value
Percentage of Assets
Gain or (Loss)
Percent Gain or (Loss)
YTD Return
Dividend Yield
P/E Ratio
Projected Growth Rate
Average Daily Volume
PEG Ratio
Market Cap
Beta

Depending on your trading style, you can add or remove columns. For example if you primarily day trade, you probably arent interested in dividends or PEG ratio. But these and other fundamental attributes are quite useful if you have a long term trading style.

The big difference between the list above and that which is maintained by your brokerage is that you continue to maintain the entries after the position is closed. Brokerages usually remove closed items from your list.

Youll be surprised at all the things you discover once you start to develop a trade diary with a significant history. How often you review your trade diary will depend on the frequency of your trading. A day trader will want to do a review once a week. A long term trader can review his stocks picks quarterly.

Live long, document well and prosper.

With customers in more than 70 countries Doug Newberry enjoys his position as host of the "Market Toolbox On Demand" online radio show. He is also the editor of the "Market Toolbox Newsletter." His company, Investing Systems Network specializes in providing financial tools and portfolio management software for its customers.

How to Choose a Molybdenum Stock

What you are really mining is money, veteran geologist Don Davidson told us during a recent interview about molybdenum. It applies to any mineral, whether gold, silver, copper, uranium or, of course, molybdenum. All mining, regardless of the commodity, is just really based upon your mining dollars. Its the value of the particular element and whether it is economic to extract it or not, he explained.

Despite the shrill forecasts of some analysts who claim we should expect a price correction in base metals, molybdenum is very much in demand. A lot of people envisioned this flip in the molybdenum price to be a short-term think, but I think with the economies that are rolling in Asia, especially India and China, we are never going to see the old price level again, Davidson forecast. Another reason why the price of molybdenum could stay high comes as result of BPs corroded oil pipeline in Alaska. We talked to a few industry insiders who believed BP could have increased the corrosion resistance in their oil pipeline had they added a tiny percentage more of molybdenum to the pipeline. Oil companies are probably going to require more molybdenum to prevent another costly oil spill.

Our discussions with geologists, investors and industry insiders reinforce the notion that the bull market in molybdenum is very much alive and kicking higher. We received an interesting email from Doug Fosbrooke, head of investor relations for Roca Mines, as we were soliciting comments about molybdenum demand. He wrote, I received a call the other day from a Canadian-based representative of a Chinese moly/steel/metals dealer looking to buy MAX (the name of Rocas molybdenum mine) concentrates. Even after telling him we had signed an offtake agreement for 100 percent of our production, the party still expressed strong interest in doing business with us. Another Asian dealer, with whom we had been in discussions to provide project financing capital also contacted us in the past week looking for our product. When a small and soon-to-be-producing molybdenum company is pursued by Asian interests, after it has widely announced that next years production has been sold in advance, we feel comfortable in expecting a stable, if not higher, molybdenum price. That should bode well for newly arriving molybdenum producers, such as Roca Mines, which hopes to start mining its MAX deposit in Canada in the fourth quarter. But how can an investor safeguard himself from the potential arrival of other, less known wanna-be producers?

As we did with uranium and coalbed methane stocks, we compiled a list of molybdenum-specific tips for investors. For advice on how to separate the good companies from the bad, we turned to geological and engineering experts to guide us. Both Dr. Nick Carter and Don Davidson have several decades of experience in evaluating molybdenum projects. For example, Blue Pearls Yorke-Hardy molybdenum deposit was renamed the Davidson deposit in honor of one our experts. Carter and Davidson are both members of the five-man senior exploration board for Roca Mines, which hopes to find additional molybdenum beneath the existing high-grade MAX deposit in British Columbia.

1.Keep your eye on the price of molybdenum. Nick Carter advised, One of the biggest pitfalls related to molybdenum is price. Weve seen spikes over the years. The last one was in the 1970s. One of the things you have to watch out for, in terms of molybdenum, is the price. Its been pretty good the last couple of years and all indications are its going to remain, perhaps at these lofty levels. Huge deposits and good grades are required to withstand lower prices.

2.Find out the average grade of the molybdenum deposit. If any investor were to phone me and want to buy stock in moly mine, my immediate response would be, Well, what is the grade? Carter said. And if the grade isnt a little bit better than 0.1 percent, and preferably closer to 0.2 percent, Id say, Well, you had better think about this a little bit. Carter explained he liked the MAX deposit because at 2 percent, Roca Mines would yield 40 pounds per ton of molybdenum. At $20 pound, the gross in situ value of the deposit would be $800/ton. Mining and operating costs are said to be less than $100/ton, yielding an operating profit of $700/ton.

3.How deep is the molybdenum deposit? Usually the deeper you go, the better grade you have to have in order to have material that can be mined for profit, advised Davidson. The deeper you go, your expenses can increase. Therefore, youd generally have to have higher grade at depth.

4.Is it underground or open pit mining? Davidson discussed Adanacs deposit in British Columbia, Because its an open pit, your mining costs are much lower. Carter advised on deposits where average grades run low, If its 0.1 percent, it had better be a big deposit and it had better be open pit, too. Were not talking underground here. With 0.2 percent, you get a little more option, if you can get something thats reasonably large and with grades approaching 0.2 percent. Cost of production in many open pit mines should be in the $10 to $11/pound range.

5.What is the timeline for production? Some companies plan to begin molybdenum production this year or next. Others are looking a few years out. The price is here now, but three years from now, when your mines up and running, the price may be $8, Carter explained. Maybe youre not going to be able to cut it if youve got an overall molybdenum grade of 0.1 percent or less. It is safer to evaluate a molybdenum company on a lower metal price than stretching your expectations by appraising it at the top of the market. If molybdenum can stay north of $10-12/pound, it should be pretty good times, Carter noted.

6.How pure is your moly concentrate? Carter advised investors find out answers to these questions: Is there any copper associated with this molybdenum deposit? And if so, how much copper? Carter warned, If theres something like 0.05 or 0.1 percent copper in the molybdenum system, this could be enough to really screw it up in terms of concentrate sales. Theres not enough (copper) to recover to make any money, and you could have serious problems in producing a moly concentrate thats going to get you top dollar. In the Kitsault molybdenum mine, there was significant lead content in the moly concentrate. They took a serious penalty on that and they had to install a leaching plant to get the lead out of the concentrate, Carter explained.

7.Does the molybdenum have a contract or offtake agreement with a leading buyer? The most telling comment with regards to purity of the moly concentrate is: Does this company have a contract? Carter pointed out. If theyve got a contract, you can be pretty sure the concentrate grade is going to be okay. There are specifications outlined in the agreement.

8.What is the infrastructure like? Carter talked about one company, which he explained was in a remote location, and which he asked we not name. Theres no electrical power! he exclaimed. Theres no hydroelectric, no power lines. He did talk about how previously, with other mining operations in this area, power was produced by way of diesel-fired generators. But in todays world, I dont think theyll look at that, he said. Its too expensive. Big operations will require being on a power grid to function, while smaller ones, such as Rocas MAX mining operation, can economically operate with diesel generators.

9.Look for hidden problems in a molybdenum mining and processing operation. Is the processing facility (mill) located nearby? asked Davidson. Or will it be trucked hundreds of kilometers? Other problems an investor should find out about include: (a) workforce availability, (b) the capital costs and payback on those costs, (c) mine permitting, (d) anti-mining activity in the jurisdiction, (e) financing for the project, (f) access to the deposit (can the deposit be accessed at all?), and (g) the companys market capitalization in relation to timeline for production. Does the deposit have blue sky potential? The Climax started small and became a world-class molybdenum mine.

COPYRIGHT 2007 by StockInterview, Inc. ALL RIGHTS RESERVED.

James Finch contributes to StockInterview.com and other publications. StockInterviews Investing in the Great Uranium Bull Market has become the most popular book ever published for uranium mining stock investors. Visit http://www.stockinterview.com

Pros And Cons Of Stock Trading

Whenever a company issues stocks, it is an attempt to raise capital in order to invest in some endeavor. All over the world the stock market works on this basic premise. When a company needs money, it will simply offer the stock and the options thus purchased will entitle the stock holders to a percentage of the profits, once the entire concern gets going.

The Internet has made things much faster and removed all geographical restrictions. Trading now takes place 24/7 because some part of the world is always busy with business. The Internet also makes it easier for anyone to take part in stock trading. Leading stock market firms also send daily emails with tips to their customers on how the market is expected to move today.

Every one has heard about stock trading but very few people actually know of the advantages of getting involved. Like any business venture, stock trading is not all advantageous and it is important to know both the pros and cons of stock trading.

Pros

Instant Returns

Active stock trading means you get almost immediate return on investment. You get better returns in a short time as opposed to buying and holding your investment for years at a stretch.

Choice

Through the Internet you can trade in any part of the world. You have no restrictions on the type of stock you trade in or what currency you trade in. You can browse the Internet looking for constantly moving stocks.

Familiarity

You already know most of the companies offering stocks so you are not on strange ground. With a little time you can understand the micro dynamics to trade effectively.

Cons

Leverage

Stock trading leverage is very low when compared to Forex trading or futures trading.

Short selling

There is a rule against short selling that entails waiting before the price picks up again. This essentially limits the amount of profit a trader can make. There is no such constraint in Forex trading.

Costs

There is a substantial cost associated with stock trading that is unique to this market. This can quite often make stock trading impossible for almost everyone. You will need some amount of money before you can start investing in the stock market.

All trading stock, Forex, futures, involves some amount of risk with their own sets of pros and cons. It is up to you as a trader to evaluate all these issues before you begin trading.

Alan King is a writer that concentrates on helping people better themselves, for cutting edge information you NEED to know about stock trading before you try to cash in on this multi TRILLION dollar industry I strongly suggest that you check out my friend Mark Crisp's awesome free 9 page e-book at http://www.stressfreetrading.com

Investment Property and the Wealth of Nations

Why are rich people rich and how do they retain their wealth through several generations? In this article we try to examine how real estate as seen in investment property has played a large role in generating large amounts of wealth, how it has also been used to retain wealth to sustain several large clans and what you can use in offshore investments.

Wealth Generation with Investment Property

Forbes magazine once commissioned a study and found that most of the rich people today other than a few high tech entrepreneurs like Bill Gates and the Google founders made their money in real estate. But remains, why is there an allure of Investment Property even today?

This is because traditionally, most people consider Investment Property to be a secure investment and Investment Property prices rarely fall and prices continue to rise. Since real estate mimics economic cycles, rich people start building new properties for others to stay and since the profit margins associated with properties can be quite substantial so their wealth increases with each new Investment Property that they develop and subsequently resell. Thus we learn that at the highest stage, investment property, real estate development and finance all move together to make the rich richer then evern before.

Why the Rich retain their wealth

Many people know of the Hilton empire and think about the taxes that they save each year because of the legal trust structure that holds this wealth together. Actually trusts which are legal devices to shield offshore income from taxes help to protect wealth and prevent an heir of a rich estate from squandering it. One way is by having large trust companies to administer the trust and then allow beneficiaries to get a fixed sum.

But what do most trusts invest in? It is no surprise to note that cash flow investment properties like the famous Hilton hotel chain provide a constant source of cash flow into such structures and as mentioned prevent a few heirs from squandering the proceeds of the trust. Rental Income and Hotel Income from investment properties kept in trusts therefore help rich families retain their wealth from generation to generation. Thus we note that rental income and cash streams from investment properties held by trusts can allow for wealth to be transferred from one generation to the next.

Wealth of Nations and Investment Property

Since property represents a large portion of a nations wealth and both the rich and poor people are so enamoured with it, many countries codes and laws have specific legislations protecting and regulating Investment Property. The rich have teams of lawyers working for them when they look for investment property since some of the property codes and statutes in both local and offshore jurisdictions can be potentially fraught with legal loopholes. So if you want to be a wealthy property investor, you need to have good professional advisors since every rich businessman today is as good as the team of advisors that he has working for him.

Copyright 2006 Joel Teo. All rights reserved. (You may publish this article in its entirety with the following author's information with live links only.)

Joel Teo writes on various financial topics relating to Ahwatukee Real Estate Investment. Signup for his free online Real Estate Investing newsletter today and gain access to the Six Day Real Estate Investment Profits Course now at www.realestateinvestment101.info/Ahwatukee.html

5 Things You Need To Know About Your Forex Trading System

1. Risk Reward Ratio.
The risk reward ratio of your system should always be 1-2 or more, for example if you are risking $1 then you need to get $2 back or more. If your risk/reward is 1-1 or less then you have to win more than %50 of the time just to break even let alone make any money! However if you raise the risk/reward to 1-2 then you now only need to have 33% winning trades to break even. Are you starting to see how important this is in the long run?

2. Win/Loss Ratio
The win/loss ratio is how many winners you get for every loss on average, this goes hand in hand with risk/reward. You should expect at least 1-1 win/loss ratio or more in a good system. Any less that 1-1 and you would need a higher risk reward ratio to make the system viable.

3. Drawdown.
The drawdown of your system is the number of consecutive losses in a row you will encounter. Hopefully this should not be more than 3 on average. However again if you have a very high risk reward ratio then you would be fine with more losses.

4. Past Performance.
Getting data on past performance of your system is vital to your confidence and your trading account. Knowing that it performed well over the last 10 years would be sufficient.

5. Average Trade Drawdown.
Although this is not vital it helps to know how far a trade will go against you on average before moving into profit, in your testing if you find that your trades retrace often you may find it more profitable to set your entry at the retrace.

You may be thinking "how do I go about finding this information about my system?" well its really simple, you don't need complicated software or anything like that. All you need to do is have your trading system rules in front of you and move forward candle by candle on your chart and make notes of your entries and exits, profits and losses. You will soon see if you system has stood the test of time.

Once you have a trading system that you are confident has passed all the above points then you can feel sure you have the best chance of success trading it. Be sure to stick to your rules and trade the system as you have tested it, now you have a good feel for how your system should perform on average you can soon see if you are making mistakes in other area's.

I hope this article helped you to choose a forex trading system or helped you accessing your current system. If you have any questions don't hesitate to contact me, I will reply as soon as possible.

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Forex Trading - A Simple 4 Point Way To Making Big Profits

I read a lot about how difficult forex trading is, but making money from Forex trading is essentially simple if you keep in mind the following 4 points.

I have tried to illustrate this live and showed 3 trading opportunities and all made great profits and had low risk.

Lets look at this simple way to make profits more closely:

1. You Are responsible

If you think you can buy an e-book and make yourself rich by paying $100 think again.

Most of the advice sold on the net is not worth the paper its written on. If you want to buy a system keep in mind the following:

1. Make sure the vendor trades it and has made real money and the track record is NOT just a simulation.

2. If you do buy a system make sure you know how and why the logic works:

THIS IS CRITICAL!

If you dont know why it works you will not have the discipline to follow it and discipline is essential when trading.

If you dont have discipline to apply it you dont have a method in the first place.

2. A simple method

If you follow a system or build your own keep it simple.

Simple systems work best and are far better than complicated ones.

Why?

Because they are less likely to break in the face of ever changing brutal market conditions.

How simple?

We use support resistance and just 3 indicators:

Stochastics, Bollinger bands and RSI.

The best methodology to use is to utilize breakouts and sing trade within the trend.

Note: Never day trade this is a great way to lose your money quickly as you have no valid data to work with.

Finally, if you use a system like the above - always trade on confirmation from your charts to get into your position so price momentum is on your side:

Dont guess or try and predict!

This is a mistake made by many novice traders.

3. Money management

Trading using critical support and resistance means that stops are easy to place and risk can be kept low. 4. Targets

Trade with a target where you want to take profit.

Resist the temptation to trail stops to quickly that will simply see you knocked out the trade by volatility.

Once you have reached you target you can liquidate, or trail your stop then but not before.

Dont make money management complicated or try and lock in profits to quickly or have stops to close this is a major reason traders lose.

This sounds to simple!

Yes it is simple - but it works.

Many traders think the more effort they put in the more they will get out of trading, but there is no correlation between the effort you make and profits you achieve.

Work smart not hard.

Trading is essentially simple and relies on a logical robust method you understand.

You will then have the confidence to apply it with discipline.

Many people try and beat the market or think they can win all the time and buy bottoms and sell tops You cant!

The aim of forex trading is simply to make above average profits and if you keep it simple you will.

If you try and be to clever, or get to complicated in your approach you will lose.

FREE ESSENTIAL TRADER PDF'S AND MUCH MORE

On all aspects of becoming a profitable trader including features, downloads and some great FREE Trading PDF's visit our website at http://www.net-planet.org/index.html

Singin' the Market Research Blues

Good data is hard to find. It's so easy to get the other kind! If you feel like singin' the blues whenever you try to find reliable business information, you're not alone. A lot of other marketers are singing the same tune.

Solid information is critical, the basis for making any marketing plan or decision. Yet, finding that information is easier said than done. The Internet seemed like it would be a quick fix to the problem. While the Internet does serve as a bountiful source of business statistics and information, it has thus far proved both a blessing and a curse for business research. The information on the Net can be inaccurate and difficult to locate without spending a lot of time with fruitless searching.

Clifford Stoll says in his book, Silicon Snake Oil, "There is no easy, complete access to information. Never was. Never will be." Although there may be no quick and easy source for accurate business information, we offer in this article a few places to look for helpful data.

The Personal Touch
Unlike much Internet information, libraries are not only catalogued and organized, they offer the most user-friendly sources of business information available: librarians. These wizards of information provide the personal touch by expertly guiding us through the ever-increasing maze of available knowledge. Infinitely patient people, librarians spend most of their time gently guiding those of us who search for business information but don't know where to find it. Whether your questions concern finding dates of trade shows or defining prospect lists in a special database, the staff of a good business library is trained to help.

The Internet
You don't need to end up disappointed when you try to collect business facts on the Internet. To help lower your frustration level, we recommend the following addresses for free on-line research. Groups such as universities, governments or professional associations generally maintain these sites.

U.S. PATENT &TRADEMARK OFFICE
patents.uspto.gov
Completely devoted to patent information, including search engines for a variety of categories.

UNIVERSITY OF MICHIGAN

www.lib.umich.edullibhomeIDocuments center/frames/statsfr.html
Well organized and maintained site with a variety of hyperlinks to useful information including Census Bureau data, Securities Exchange Commission (EDGAR) filings and U.S. Industrial Outlook statistics.

SPECIAL LIBRARIES ASSOCIATION
www.sla.org/pubslitotp/
Another excellent site with hyperlinks to the Wall Street Journal Interactive edition and Hoovers On Line Research, among others.

U.S. CENSUS BUREAU
www.census.gov/econ/wWW/ econ_cen.html
Economic census data including industrial products overview, annual survey of manufacturers and other good industry information.

WALL STREET JOURNAL
www.wsrn.com/
Stock market information, excellent research hyperlinks including one providing connections to local newspapers and periodicals throughout the country.

DEMOGRAPHICS JOURNAL

www.amcity.com/journals/demographics
Articles about demographics and trends throughout the country including a search engine.

INDUSTRYNET ASSOCIATION

www.industry.net
Great site for industry news/information including press releases and hyperlinks to companies.

U.S. DEPARTMENT OF COMMERCE
www.fedworld.gov
Hyperlinks to a wide variety of federal departments including WorldTech-Foreign Technology Alerts.

Just be careful, information alone can only take you so far. As Clifford Stoll says, No amount of data, bandwidth or processing power can substitute for inspired thought. We hope you use the research tools presented here with confidence, but always remember, it is up to you to process this data and convert it into good, profitable business decisions.

Deborah Henken served as VP of Marketing at several Silicon Valley start-ups, and in senior marketing and channel positions at Hewlett Packard, Informix and BEA Systems. She earned her MBA from the Kellogg Graduate School of Management at Northwestern University. Deborah is Founder of the Highland Team.

Susan Henken has directed marketing at consumer and health care companies for more than 15 years. She provided marketing consulting to manufacturing companies at Minnesota Project Innovation through a grant from the SBA and Department of Commerce and ran her own consulting business. She is currently Director of Marketing for Consumer Products at Compex Technologies. She earned her MBA from the Kellogg Graduate School of Management at Northwestern University

10 Ways to Avoid Printer Headaches

Even though technology is frequently changing, one thing remains constant - corporate offices will continue to print documents at a dizzying pace. Printing errors, poor print quality, and tired out-of-date equipment are the three main culprits of wasted money and time for an office. In todays workplace, dependable equipment is essential. Time is too valuable to have unreliable printers and long wait times for repair. Most business professionals agree that the efficiency of your office depends on the reliability of your printers.

Here are 10 ways to avoid those printer headaches:

Be Proactive - Dont wait for your printer to go down. Have routine cleanings performed and any worn parts replaced now before your printers experience critical errors that result in user down-time.

Select A Reliable Service Provider Your providers technicians should be fully trained and certified to work on your brand of printers. They should recognize how important your printing needs are and respond immediately to any printer issues you have. Your provider should also be able to give you detailed reports (or the tools to produce these reports) which will show your printer inventory as well as historical data on the services performed on each.

Service Programs You dont have the time to monitor your printers. Find a service provider that will automatically take care of the routine maintenance for you. Most providers will offer a variety of service programs to choose from. Select a program that will best suit your companys needs. Keep in mind that a good service program will include preventative maintenance in addition to same or next day emergency repairs. Having the right service program and provider could save you thousands of dollars a year.

Do Away With Multiple Machines With a multifunctional printer, you can fax, scan, print and copy all from one machine. By having an all-in-one printer, you can eliminate the need to have so many different machines and increase productivity.

Upgrade Your Equipment By upgrading your old tired printers, you can save money by having a lower cost per page as well as increasing your output speed. Many companies still use old outdated printers that can easily and inexpensively be upgraded to reduce costs and increase the efficiency of your office.

Refurbished Printers Consider a recertified printer for your office. Quality refurbished printers are often as reliable as new printers and allow you to upgrade while continuing to use the drivers already installed on your network as well as using the toners you already stock in your supply closet. A recertified printer from the right company will be completely refurbished inside and out and will perform flawlessly for years to come.

Having The Right Printer Before you purchase a new printer, think about what you need your printer to do and what your budget is. Knowing what size paper and what applications will be used will help your printer expert recommend the perfect printer for your needs. It is also suggested that you look at the cost of supplies along with their page yields to get an idea of how much it will cost you to use the printer.

Proper Training Your office staff should be educated on how to properly use the equipment. Knowing what printers they can use for a particular size paper, label or envelope can prevent costly service calls. Teaching all users how to correctly install the printer supplies will also reduce the need for emergency maintenance.

Proof Before Printing Printing a copy of your document to your monochrome printer to proof will not only save money on supplies and mileage on your valuable color printer, it will also save you from throwing away the more expensive paper if there is an issue with the print job.

Keep A Stock Of Supplies The #1 reason that a printer is unusable is because it has simply run out of toner. To avoid the cost of having a toner shipped to you overnight or wasting valuable time calling around hoping to find the cartridge at a local store, it is highly recommended that an adequate stock of toner is kept for each printer. Depending on how much a particular printer is used, it would be wise to have at least one cartridge on the shelf at all times. By keeping stock of toner you will also have a back up should you find that you have a defective toner. Unfortunately, no matter what brand toner you use or how much you paid for it, defective cartridges are inevitable.

Vicky Lee is the Marketing Coordinator for Manageflex Imaging Services (MIS) in Portsmouth, NH. MIS specializes in printers, supplies, service and support nationwide.
vlee@manageflex.com
http://www.manageflex.com

The Current Financial Market Situation

The last two days the stock market has recovered some lost ground. On Friday, it recovered because of the Fed action to reduce the discount rate. Much was said about this but what does it really mean? It means that banks can borrow money from the Fed at a reasonable market rate that hopefully allows them to invest and earn a profit. This helps with liquidity. It does not, however, address the most fundamental issues facing the market, unless it results in an overall reduction in interest rates along the yield curve.

Let me explain this. The basic problem with the "subprime" crisis is that liberal lending standards have resulted in large pools of assets that investors of all sorts have purchased at relatively low spreads over the market interest rates. This means that there is a low risk premium built into those investments. If in fact, the underlying mortgages have higher than expected default rates, higher foreclosure rates, and higher loss rates, the investors are not fairly compensated and the investments in those bonds are not worth what was paid for them. While we cannot predict the future, it appears that this will in fact be the case. Mortgage default rates are increasing, real estate values are decreasing, and the likely result is that more losses will accrue on those portfolios and the bonds will be worth less than full value.

Now let's say that you are a Hedge fund. If you purchased a lot of these bonds and in order to increase the return on the equity put into your Hedge fund, you leveraged those bonds by borrowing against them, then the value of your assets may be less relative to the debt you owe against them. Then the value of the equity investments in your fund can rapidly decline or become zero.

So what would a Hedge fund manager or any other holder of the bonds want to do? Sell them. The problem is that the market now perceives the risk to be a lot higher and so requires a higher return. That means they have to buy the bonds at a lower price. Consequently, the current holder of the bonds will have to write them off at a loss.

While the Fed has provided liquidity to the holders of these investments, allowing them to hold onto them longer rather than fire selling them, this does not affect the value of the actual investment in the long run.

So until the market establishes a new value for all these mortgage backed investments, we will not know the extent of losses that various players will incur. Only know this, there will be a steady stream of loss announcements coming out of the financial sector. We have not even begun to see these.

So how do you invest? Good question. The value of stocks have fallen appreciably. So it may be time to buy for the long term. On the other hand, the market might react negatively to these earnings announcements and stock values may suffer. The overall economy is strong. The folks losing money are the ones that should lose money. They provided funds to a mortgage market without adequate risk protection. Their losses will be someone else's gain.

My suggestion is that you expect more negative reactions in the stock market for certain firms. This will create some stock price volatility. Yet, in the long run, the economy will produce positive returns for most firms including financial firms. Virtually all firms have been punished in the declining market, yet some will not be that adversely affected. Pick your investments. Know if you can stay in for the long run or not. Evaluate the balance sheets of the companies you have invested in to see what their potential loss exposure is, and reallocate or not based on your findings.

Neither over nor under estimate what the Fed can do. If it can lower all interest rates, the value of bonds will increase and losses will be minimized. But the Fed can only control short term interest rates and the policies it pursues can have additional affects on the value of the dollar and future inflation, which can turn long term interest rates the opposite direction, reducing the value of long term bonds.

Author has 23 years on commercial banking and has served as president of a bank, loan approver for large commercial loans, and regional manager for commercial banking for a major US bank.

Taking Profits and Setting Exits

Most investors and many more market pundits continually talk about setting stops; they range from physical stops to mental stops to trailing stops to support stops to retracement stops or even moving average stops. It is easy to set a stop before you enter a position based off of your money management rules such as position sizing and expectancy. If you have a $25,000 account and want to risk 2% of the account on a $50 stock with an 8% stop; we know that the trade will allow you to buy 125 shares with a worst case scenario sell stop of $46.00 (assuming a 1-R risk of $4). This is wonderful but what should a trader do once the position gains 20%? Where should the stop be placed at that point to eliminate the chance of losing that quick 20% gain?

Several books attempt to explain how to take profits and many traders of the past have offered advice in books but most of it is fluff and subjective to opinion. I have heard people claim that they take a third of the position down after making a 20% or 30% gain while other traders take down half the position once a gain reaches 50%; but is this the correct way to manage money and positions? I thought so several years ago but have developed a more mechanical system that gives me precise exits at any time during an up-trend. It is a combination of a trailing stop and a retracement stop based upon the actual gain at any point in time. In a bull market, I will allow the system to loosen itself so I can handle a healthy pull-back without selling before a possible large move. For now, let me focus on my method for locking in profits without giving back too much.

For the sake of this article, I will continue to use the trade suggested above as the round numbers should be easy to follow.

Account Size: $25,000

Risk: 2%

Stop Loss: 8%

Share Price: $50

Shares to Purchase: 125 or $6,250

Sell Stop: $46.00

Worst case loss: $500 or 2%

If you are unsure how I came up with the numbers in this example, please go back and read my article on position sizing.

We buy the stock and it is up over 20% after the first three weeks of trading. What should I do to protect the profit I have already made?

Scenario #1: At $60, I will set a stop based on a 30% profit retracement.

To do this, you need to multiply the profit of 20% (or $10) by a 30% stop: $10*30% = $3

At this point in time, I will look to close the position and lock in gains if the stock drops more than $3 from the $20% threshold ($60 in this case). My trailing stop is now $57 which guarantees me a total gain of 14%.

Scenario #2: At $65, I will set a stop based on a 25% profit retracement. As my profit grows, my stop tightens so I dont give back too much. Again, this can loosen in bull markets and is also subject to longer term support and/or resistance lines. For the sake of this article, we will ignore all other variables.

To do this, you need to multiply the profit of 30% (or $15) by a 25% stop: $15*25% = $3.75

At this point in time, I will look to close the position and lock in gains if the stock drops more than $3.75 from the $30% threshold ($65 in this case). My trailing stop is now $61.25 which guarantees me a total gain of 23% if the trailing stop is violated.

Lets do this one more time with a 40% gain:

Scenario #3: At $70, I will set a stop based on a 20% profit retracement. As my profit grows, my stop tightens so I dont give back too much. As you can see from the three scenarios, my profit retracement has dropped by 5% as my profit has risen by 5%.

To do this, you need to multiply the profit of 40% (or $20) by a 20% stop: $20*20% = $4.00

At this point in time, I will look to close the position and lock in gains if the stock drops more than $4 from the $40% threshold ($70 in this case). My trailing stop is now $66 which guarantees me a total gain of 32% if the trailing stop is violated.

Please understand that I use these numbers since I like the separation of advances to be at least 10% from one retracement stop level to the next. Any investor or trader can substitute the numbers with something that makes more sense based on your own system and money management rules.

Outside of these selling rules, I also employ additional selling rules that use the long term 200-day moving average and long term support levels and trend lines. In a bull market, I will loosen the tight stops and look for longer term sell signals such as the moving average, a channel breakdown or even strong volatility movements that dont agree with the overall pattern (these may be obvious reversals on the daily and/or weekly charts). Other times, I have a specific price objective when placing the trade and will close the position if the objective is reached (even if the trend is still higher). A great example of this are the options I purchased in Tenaris (TS); I sold at $45 per call contact, yet they are now trading at $80 per contract. I bought above $10 per contract and had an objective to sell when the stock reached $145 which it did, so I sold my calls and moved on. Looking back, I got out much too early but didnt violate any of my rules which is more important than the additional gains. If I violated them on this trade and it worked out; what would stop me from violating them in the future and getting slammed with a heavy loss. I hope you get the point.

Chris Perruna - http://www.marketstockwatch.com

Chris is the founder and president of MarketStockWatch.com, an internet community that teaches you how to invest your money with solid rules. We offer an extended no obligation monthly trial period starting immediately with two free weeks. We don't stop at just showing you our daily and weekly screens, we teach you how to make you own screens through education. Through our philosophy, you will be able to create your own methods and styles to become successful.

Stock Research - Hedge Funds - If Bear Stearns Doesn't Know - Who Knows?

As the hedge fund world becomes bigger and bigger as more and more hot money seeks the elusive alpha of maximum performance, it is becoming apparent that more and more newspaper space will be devoted to hedge funds, and private equity. Recent news has taken us into the inner sanctum of Bear Stearns, truly a dominant investment firm in the world today. It might be argued that Bear Stearns is the best managed Wall Street firm in existence. Some might say Goldman Sachs. In any event Bear Stearns would have to be on the short list.

Investment firms for almost a decade sat by and watched hedge funds form, and amass vast investment capital pools while successfully charging 2% management fees, and 20% of the profits. Some of these hedge funds in a few years, have grown to possess capital bases equal to that of investment banking firms that have been around for generations. Taking some of the risks that were involved to achieve this performance is now coming home to roost.

Bear Stearns is the latest firm to stub its toe in the hedge fund industry. The firm is FAMOUS for quantifying and judging RISK before making its bets. This time however it seems that Bear Stearns threw its usual caution to the wind in embracing the formation of two hedge funds over the last year or so.

The second hedge fund was considered a more highly-leveraged version of Bears High Grade structured Credit Strategies fund which was formed last year. Both funds were managed by Ralph Cioffi, who up until recent events took hold, had the reputation of being a MASTER at this game, and the game is the subprime mortgage bond business.

Most people are not aware of it but Bear Stearns is the finest fixed income trading firm on the planet bar none, and this has been true for several generations. This makes recent events even more perplexing to understand.

Jimmy Cayne who is Bears CEO is embarrassed at the very least, and certainly upset enough that there will be major changes in the leadership of the units responsible for the pain being inflected on the firms reputation. This should not have happened at Bear Stearns, thats the point.

Actions Taken and Implications

Mr. Cayne has made the decision to inject $3.2 billion of Bear Stearns capital into a bail-out of the older fund. Bear is also negotiating with the banks that put up the credit facility for the other fund, the highly leveraged High-Grade Enhanced Leveraged fund. What Bear is trying to prevent is the forced sale of the debt obligations underlying the funds investments. These issues trade by appointment as they say, which means they rarely trade at all. Bear knows the Street smells blood, and will take advantage of any weakness that Bear shows.

So what are the implications of this latest hedge fund debacle? It clearly shows that the most sophisticated investors on the planet who put their money into hedge funds may in fact have NO IDEA what they are investing in. Instead, they are betting on the institutional reputation of the firms standing in back of the hedge funds. In this case nobody knew more about this market segment than Bear Stearns, yet they caught in a terrible position.

This is not Caynes fault, but as CEO, it is always his responsibility. I believe him to be the finest Wall Street executive of his generation. Nevertheless, his underlings certainly let him down, and they are among the highest paid people in the world today. Some of these industry veterans are drawing $10 million dollar annual incomes. Let the investor beware is the rule of the day, especially when it comes to hedge funds.

Richard Stoyecks background includes being a limited partner at Bear Stearns, Senior VP at Lehman Brothers, Kuhn Loeb, Arthur Andersen, and KPMG. Educated at Pace University, NYU, and Harvard University, today he runs Rockefeller Capital Partners and StocksAtBottom.com/. for a fuller version of this article please visit our website. http://www.stocksatbottom.com/bear_stearns_hedge_funds.html

Surviving The Commodity Markets, PART 3 - Trading Guidelines For Different Account Sizes

Of all the important skills in trading, survival is number one. For unless we make it through the inevitable bad times, we won't be around to capitalize on the good. I've laid out some trading account guidelines that specify the account size required to conduct various commodity futures and option trading activities. Stick within these guidelines and you will have an edge on most of the commodity trading public.

Here are my general money management guidelines to improve your chances of commodity market survival and trading success:

$5,000 ACCOUNT
Risk no more than 10% max ($500)

A $5,000 account is really too small to follow these guidelines exactly, so your risk will be higher. You must really pick and choose your markets and entry points carefully - until the account grows to $10,000.

OPTIONS:

Buy one $500 option for each unrelated market. Buying one soybean, one soybean oil and one soybean meal is like buying three soybean options in the first place - unacceptable. Getting a good option for only $500 is not easy to do sometimes since we like to buy plenty of time and have the market reasonably close to the strike price for the best chance of profit.

With a $5,000 account we should not worried about making big percentage gains as much as participating in a reasonable move with an option delta of at least 0.6 or more. Buying multiple cheap commodity options far out-of-the-money is a suckers game over the long haul. Many times the futures contract market move will take place but we will still lose in the commodity option.

Stay as close to the money as possible (strike price close to the market price) to better simulate a futures contract and the real cash market. If the trade does not work out according to the Timeline forecast, it may be prudent to take a loss and preserve some of the option premium. Bear in mind we generally like to consider the total option premium as the stop loss order. Also, read the Thomas Swing Method lesson to give you an idea of how to trade the swings and do commodity option "granting.

FUTURES CONTRACTS

The challenge with a $5,000 account is that some futures contact margins can be $2,000 and more. This will mean that only two different positions can be put on at one time, which is plenty for a $5,000 account. But if the TimeLine has a signal in four different markets at once, we will have to decide which two markets are best. This is usually just a guess, since we try to take all high probability commodity trades and never really know which ones will work out in the end. No one really does. Out of twenty-two markets you go with the chosen two to four and let them unfold.

Mother Probability is what decides the outcome. In addition, if we risk only $500 for each futures trade, there is not much price fluctuation room for some commodity markets. It may be enough for low priced corn and a few other normally quiet markets, but not enough for the majority. For example, many of the currencies have $1,000 swings each day.

For an overnight trade, placing a stop just $500 away from entry is like giving money away. The only alternative is to risk more, like $1000, but then we are risking 20% a trade and need only five losers in a row to wipe out the account. See the problem here? Because of this, for longer-term moves, a $5,000 account may be better suited for option spreads or even writing far out-of-the-money options. In other words, try to fund the account to a starting value of $10,000, if possible.

WRITING OPTIONS:

I personally believe one of the better methods for success with a $5,000 account may be writing commodity options (selling options). When writing options we have to be satisfied with smaller gains as a result of selling them far out-of-the-money, taking in $200-$300 each time. It will depend greatly on the particular market. Three hundred dollars every two months equals $1800 a year. This is a 36% return on a $5,000 account. Be sure to set realistic goals.

Once the account is built up, the numbers can be increased. As they say, after a period of success, you can always add a zero" to the quantity. Each option that is sold should be treated as if it were a commodity futures contract for risk and margin requirements. As long as the premium does expand past a $500 loss, we can continue to hold the option and let it erode in our favor.

We'll talk about the flexibility of larger trading accounts next.

Part Four of Six Parts - Next!

There is substantial risk of loss trading futures and options and may not be suitable for all types of investors. Only risk capital should be used.

Thomas Cathey - 27-year trading veteran heads the managed futures division of Thomas Capital Management, LLC. View his TimeLine Trading market predictions and get his complete, free 44+ lesson, "Thomas Commodity Trading Course".
http://www.thomascapitalmanagement.com/commodity/welcome.htm

Main site: http://www.ThomasCapitalManagement.com

Basics of Forex Trading

Foreign Exchange Trading or simply FX or even forex describes the trading of different currencies of the world. The forex market is the largest in the world with trades amounting to more than USD 1.5trillion every day. Typically, most forex trading is speculative, with only a small part of the market activity representing governments' and companies' basic currency conversion needs.

The main centers for trading are Sydney, Tokyo, London, Frankfurt and New York. By virtues of it being a world market, it is a 24 hour market where online forex trading is conducted across the globe. This is a major advantage as it provides investors with a unique opportunity to react instantly to breaking news that is affecting the world markets. The forex market is known to have superior liquidity and thus there are buyers and sellers present perennially to trade in this market. The liquidity factor ensures price stability and narrow spreads and comes mainly from banks that provide liquidity to investors, companies, institutions and other currency market players.

Unlike the stock market foreign exchange trading is not conducted through a central exchange but something similar to the OTC (over the counter market). It uses sophisticated forex trading software recognized globally. The most commonly traded currencies are the EURUSD, USDJPY, USDCHF and GBPUSD. Trading in the forex market means the simultaneous buying/selling of a currency. The combination of two currencies being traded is called cross. Forex trading is done without commissions and thus proves to be a hugely attractive opportunity for investors dealing on a daily basis. Moreover, the forex market is dynamic, and there exists trading opportunities at all times no matter whether a currency is strengthening or weakening in relations to another currency.

The spot market is the largest forex market as it has the largest volume of foreign exchange currency trading. The market is called the spot market because trades are settled immediately. In practice, however, it takes two banking days. There are virtually no restrictions in the forex trading and the forex market thereby allowing you to enjoy trading opportunities during any market condition. If you are a commercial investor, you may need to swap your trade forward to a later date. This is called forward trading and can be undertaken on a daily basis or for a longer period of time. Although the forward trade is for a future date, the position can be closed at any time and the closing part of the position is then swapped forward to the same future value date.

Trading on margin means that you can buy and sell assets that represent more value than the capital in your account. Forex trading is usually conducted with relatively small margin deposits. Leveraging allows you to hold a position worth up to 100 times more than your margin. This is useful since it permits investors to exploit currency exchange rate fluctuations. However, without appropriate risk management high leverage can lead to both large losses and gains.

Spreads and Pips - The spread is the difference between the price that you can sell currency at and the price you can buy currency at. A pip is the smallest unit by which a cross price quote changes. This is shown when you compare the bid and the ask price, for example EURUSD is quoted at a bid price of 0.9876 and an ask price of 0.9879. The difference is USD 0.0003, which is equal to 3 pips.

Up until recently, the forex market, given its large minimum transaction sizes and-stringent financial requirements, was dominated by big professional players like banks, hedge funds, major currency dealers and the occasional high net-worth individuals. However, now several global companies are now offering small companies, traders and investors small transaction trades with the same price movements and rates.

William Brister
http://www.FinanceProGuide.com - An answer to your financial questions.

FOREX Advice Should You Buy It? Read This First

Should you by FOREX advice from a guru or mentor?

Many novice traders think they should do this and it's easy to make money but you need to be very careful of the FOREX advice you buy as, 99% of advice sold on the net won't give you profits.

Here are some pointers on getting the RIGHT FOREX advice.

If the advice is so good why are they selling it?

Look around the net and you will see lots of FOREX advice that promises you instant riches, but consider this:

Most FOREX advice sold relies on sales copy that sounds convincing but the reality does not add up:

When you see FOREX advice sold, the first step is to make sure that the person selling it has a real time track record.

If they havent traded it and made money, why on earth would you want to buy it?

Look for a real time track record, which is audited over one or two years.

If they cant provide this:

Dont buy it.

There is a vast amount of FOREX advice sold ( mostly by sales people who have never traded in their lives or failed brokers and it won't make you money) they dont trade themselves, but what they will give you in the vast majority of cases is:

A hypothetical track record.

Keep in mind - A hypothetical track record is done in hindsight knowing the closing prices!

Of course we can all make money doing this and you will never see one that loses, until you come to trade it!

Also, dont trust testimonials.

These are normally friends, or someone who has had a lucky trade.

Its a real time track record you are after.

This may not give you profits in future, but will show you that the vendor at least has confidence in his FOREX advice and that the logic is soundly based.

If you find a system with a track record the next step is to make sure you understand and the methodology suits your trading personality.

You will never follow advice from someone else ( even if it has a great track record ) if you dont understand the logic it is based upon and can take the losses that occur on any system.

If you understand the logic of the FOREX advice you will be able to follow it with discipline.

Also, check the worst peak to valley drawdown, time to recovery and see if that fits in with your risk tolerance.

There is lots of FOREX Advice you can buy but only a small percentage of it makes money and an even smaller percentage of it will suit your trading personality.

Follow the above tips if you want to buy FOREX advice and make money.

A real time track record is your starting point.

Then, you need to know the logic the FOREX advice is based upon and finally, make sure you can follow it through the inevitable periods of drawdown.

MORE FREE BETTER TRADING INFO

On all aspects of becoming a profitable trader including info about legendary trader W D Gann who made a $50 million fortune trading go to our website for an exclusive Gann Trading Course visit our website at http://www.net-planet.org/index.html

Currency Trading: How To Get Rich And Powerful From Currency Trading Program

What is currency trading?

How can you get rich and powerful from currency trading?

Who can do currency trading?

Can you do currency trading from any country of the world?

Until six years ago, when the United States Congress passed a law and made it possible for the small investors and average citizen to participate in this currency day trading, only large banks, financial institutions, millionaires and billionaires were doing currency trading.

Currency day trading is the best kept Secret of the rich and powerful, international bankers, the money elite, who own and control all the banks, companies, corporations and foundations in the world.

Currency online trading is when you buy and sell the foreign currencies of different countries online.

Through currency trading, you can put your money to work for you like millionaires and billionaires do, instead of you working for your money.

There is no large investment, hard work, technical training or big risk.

Currency day trading investment enables you to use $1 to control an investment worth $200, and $500 to control $100,000 and $1000 to control $200,000 and $5000 to control $1,000,000 worth of investment.

Currency trading is the most profitable and attractive internet investing opportunity because you can do it from home or office and from any country in the world.

In currency online trading, you dont need to do any marketing or selling or internet promotion to succeed.

In currency trading, you dont need to spend thousands of dollars to do any internet promotion.

In currency trading, you dont need any stocks or warehousing.

In currency online trading, all that youve to do is open an account with one of the brokers with as little as $300 or $2000.

Then follow simple instructions to buy and sell the currencies.

When the price of the currency is low, you buy.

In a few seconds or minutes, the price may go up, and you may sell it and make a profit.

By doing so, in a day, you can easily make $500-$1000 by just buying, selling and trading these foreign currencies for about 3 or 4 hrs!

And get this:

You dont even have to be stuck sitting behind your computer buying and selling these foreign currencies.

You can enter all your buy trades and specify the sell prices you desire and then log off.

Whenever the values of these foreign currencies rise and your selling prices reach, the currencies will be automatically sold for you and you make money!

You can put it into an auto-pilot and forget it, and it will keep generating fast easy cash for you daily, 365 days in the year like an ATM machine.

You can do currency trading and at the same time keep your day job, because in currency trading, there is no work to do.

In the future when you have made hundreds of thousands of dollars, you may then quit your job and just keep doing currency trading forever and go on permanent vacation!

To understand the beauty of currency trading, picture this:

In the morning, you get up from sleep at 6 am.

You go to your bathroom and have your shower.

At 7am, you hurry and eat your breakfast.

At 7.20 am, you login into your currency trading account on the internet and spend 10 minutes to buy about 3 or 4 different currencies, [for example British Pound, Euro, CHF (Swiss Currency) and Yen (Japanese currency).]

You can specify the price that you wish to sell each currency.

Then you can log off.

By 9 am, youre at work in your office or business place.

You do your job as usual and by 5 pm, youre finished and heading home.

When you get back home around 6.30 pm, you login into your currency trading account to see how much money youve made.

Holy Molly, there in your account it says you have made $750!

Is this for real?, you wonder

Yes, it is. (Your eyes are not deceiving you)

$750 in a day for just clicking your mouse twice and doing no work?

(Whereas at your job, you work 8 hrs, but make only probably $150)

This is how easy it is to make money from currency trading.

But before you use real money to open a live currency trading account, you have to open a free trial (demo) account (currency simulating trading) and practice first, to understand how it works and to acquire the right skills.

This free demo (trial) currency trading account (currency simulation trading) will help you to reduce a lot of risks that can lead to a loss.

In currency trading, you can choose how much money to invest, how much money to make and when to make it.

You may make money daily, 365 days all year from currency trading.

Your computer can be transformed into an ATM machine that cranks out cash for you daily (without large investment or hassles) from currency trading.

In currency day trading, you can choose what type of risk you can manage, when to invest and when not to invest.

In currency trading, youre the boss. You may do as you please.

When currency trading is compared to other investment programs such as stock trading, bond trading, mutual funds, real estate and regular business, it is evident that currency trading is the fastest and greatest way to make money in the world.

Currency trading is a 2.5 trillion dollars daily business and it is larger than all the stock trading in the world combined.

These are some of the reasons why I believe that currency trading is the best online investing opportunity.

Perhaps from reading this article youll now come to know why currency trading is the secret behind the greatest wealth on earth and why it has been kept hidden from the average people of the world and therefore little known to the masses.

No matter who you are, be it a salesmen, doctors, office clerks, accountants, carpenters, actors, stockbrokers, small business owners, policemen, firemen, musicians, soldiers, housewives, technicians, attorneys, nurses, students, traders, cab drivers, engineers, you can get rich from currency trading.

No matter which country that you come from, such as USA, Canada, Belgium, Denmark, Sweden, Finland, Germany, France, United Kingdom, Switzerland, Norway, Italy, Greece, Spain, Mexico, Peru, Venezuela, Ghana, South Africa, Kenya, Egypt, Israel, Turkey, China, India, Japan, Australia, New Zealand... you can create true personal wealth and success from doing currency trading.

Creating personal wealth on the internet from your home or office has never been this sinfully easy. (http://www.mscsrrr.com)

May these currency trading insights open your eyes to the possibility of infinite wealth and success that can be yours from currency trading.

Please feel free to print or publish this article anywhere and read and also send to your friends and well wishers and please preserve the authors resource box below.

Warmly,

Ikey Benney

To discover a little known shortcut to internet riches, a currency trading program created by I-key Benney, CEO, that enables an average person to generate $1,500 weekly for life, please click on the link : currency trading (http://www.mscsrrr.com)