As the 2012 Summer Olympics have kicked off, it's easy to imagine that all the activity, the pageantry, the swarms of purple-clad volunteers must be engaged in some highly profitable activity. Otherwise, why would so many people get sucked in?
Except the Olympics aren't a great money-spinner. Why?
Sponsors. Companies sponsoring the games don't make a ton of money because they tend to be large, well-known corporate brands, like Coca-Cola or McDonald's, that have bought into these gigantic deals for no other reason than to keep their chief competitors out. There's no question of raising ...
Saturday, July 28, 2012
A historical haveli
Straddling the border between Old and New Delhi in Shahjahana-bad, stands Master Jee Ki Haveli, one of the oldest maintained buildings in the area, that has a history that’s as rich as the decor within its stout walls
Located at one of the prime sites of Shahjahanabad and at the border of Old and New Delhi, in a residential area of Sitaram Bazaar, Master Jee Kee Haveli is one of the oldest maintained buildings in the area.
The haveli is a fine edifice that has been built on the lines of traditional Mughal architecture. Any onlooker is sure to be impressed with the carved pillars, the open ...
The rupee remained volatile
Karvy Stock Broking has come out with its report on "currency outlook for the week". As per the research firm, for the coming week, looking at the domestic and international events, the rupee is expected to remain volatile with a positive bias from the domestic side.
Fundamental ReviewThe rupee remained volatile in the last week with it showing losses and gains during the week. But in the end the rupee closed exactly where it started the week. Towards the end of the week we saw gains in the Euro helped rupee recover its losses but however the gains for the week were restricted as ...
Why Australians are abandoning stockbrokers
Private client stockbroking firms are failing to satisfy affluent and wealthy customers as equity market trading volumes languish and top end clients increasingly look to online brokers.
More than 40 per cent of affluent and wealthy individuals prefer to use an online broker, according to a survey by financial services research firm CoreData. The survey of almost 2000 individuals also found that those using a full-service stockbroker gave the firm only an average score.
Among those who used an adviser, Melbourne-based Ord Minnett scored the highest on satisfaction with 6.2 out of 10, ...
Monday, July 23, 2012
The transition from being savers to investors
It is virtuous to save. This is what we were told when we began to earn money . We repeat the same lesson to our children. We seek protection, assurance, promise, safety and all those comforting outcomes from the money we have saved, and we fail to see ourselves as investors. So, what does it take to transit from being savers to becoming investors?
First, savers are hoarders. They accumulate assets that make them feel they have something of lasting value. The marked preference for gold and property does not come from some astute understanding that these assets grow in value over time. ...
Old Cloths and Money
Cash-Clothes.co.uk, a site dedicated to collecting old clothes, uniforms, and books, has made it much easier for businesses and individuals in the U.K. to recycle their older uniforms for cash. Whether the uniform is simply out of style or has gradually been worn down to rags, the cash for clothes service collects the uniforms and either distributes them to impoverished communities or transforms them into recycled or re purposed products. The response from the business community has been overwhelming, with several small business owners finding the service to be especially useful.
“As ...
SBA Loans
SBA is a federal body formed to facilitate small businesses loans. It is created considering the problems that SME owners have to face in starting or doing business in US. The agency mitigates the problems of entrepreneurs by financing their organizations through various fund pools that are pumped in to lenders’ account by launching new programs.
Definition of SBA
U.S. Small Business Administration is a Federal Agency. It is a facilitator for the growth and development of small business organizations. What the SBA does is it guarantees loans that are made to small businesses through lending ...
Sunday, July 22, 2012
Tourist Places Around Jim Corbett National Park
Jim Corbett Park has been one of the oldest natural parks in India, and is named after famous wildlife historian and conversationalist Jim Corbett. It is one of the most distinguished national parks of Modern India and it is here that the "Project Tiger" was initiated by the Government of India to conserve the fast depleting Tiger Population.
Jim Corbett Park has been a major tourist destination and many tourists are not much aware of the several other attractive places in the vicinity of this national park. To name a few, Garjiya Temple, Nainital, Ranikhet and Haldwani are the some of ...
10 Ways To Earn Money
Dog WalkingWhy not try dog walking? You’ll get a lot of exercise and if you’re an animal lover, you’ll get to spend time hanging out with dogs. What’s not to like about that? Plus, dogs have endless energy and you’ll really have to work out to keep up with them.
Tour GuideWorking as a tour guide is another great opportunity for earning money while you exercise. Whether you’re a tour guide for a college, a museum, or a city, you’re going to be walking for several hours each day. Tour guides get a good work out, and even though you may be walking at a leisurely pace, you’re still exercising. ...
Saturday, July 21, 2012
Earn money after Retirement
While the concept of retirement means you get to quit your job and do what you love all day, many retirees would love to earn a little income to ease their cash flow. One of the best ways to both feel retired and bring in some money is to find a way to generate cash from your hobbies. It may take a little extra effort to move something from a hobby to a small business, but with a measure of entrepreneurial spirit you can turn fun into profit. How much you can make depends a lot on the level of time you are willing to put into participating in your hobby and marketing your services or products. ...
Making money surfing the Web
The Internet can help you find freebies, earn gift cards and make money.
If you use sites like Ebates, Swagbucks, MyPoints and ShopAtHome, your purchases can earn you money. Here’s a rundown of each:
Ebates: My favorite site offers you up to 25 percent cash back on your purchases from participating stores. It doesn’t cost you anything to join, and they send you a check of your total cash-back rewards quarterly.
Swagbucks: This site offers rewards such as store gift cards for simple tasks like taking surveys, playing games, recycling old phones and much more. Many of my friends are saving ...
Google Profit Rises, Tops Estimate
Internet giant Google Inc. (GOOG: News ), said Thursday its second quarter profit increased from last year as strong growth at its search advertising business spruced up revenues. Google's quarterly earnings easily topped Street estimates, while revenues were short of expectations. Google shares are currently up 3.2 percent in after-hours trade on the Nasdaq.
CEO Larry Page said, "Google standalone had a strong quarter with 21% year-on-year revenue growth, and we launched a bunch of exciting new products at I/O - in particular the Nexus 7 tablet, which has received rave reviews."
Google's ...
Google Q2 2012: 35% Revenue Growth YoY; $12.2 Billion Revenue
Google has posted consolidated revenues of $12.21 billion for the quarter ending June 30, 2012, registering a 35% increase in revenues Year-on-Year (YoY) and 15% increase quarter-over-quarter (QoQ). Note that this total revenue is without deducting the traffic acquisition costs which accounted for $2.60 billion or 25% of the company’s advertising revenues.
Financials
Google Revenues (Advertising and others): Google generated revenues of $10.96 billion, or 90% of total revenues, in the second quarter of 2012, representing a 21% increase from $9.03 billion revenues posted in the second ...
Tuesday, July 17, 2012
43 Ideas for Making Money Over the Summer
Get a Seasonal or part-time job.
Live on a busy street? Start a car wash. You can also go mobile and go to your customers.
Garage Sales are a great way to make money quickly.
Become an online juror.
Work as a merchandiser or mystery shopper
Start a direct sales business
Offer tailoring services for bridal parties.
Tutor students online.
Work the summer party scene as a temporary tattoo artist, face painter, DJ or clown.
Become an eBay seller
Put your good handwriting to good use offering invitation and thank you writing services. Summer is wedding and graduation season after all.
Offer ...
50 ways of earning money on the side.
Blogging – You can earn money with your blog. Look no further than this blog. OCAAT is now a regular money earner, although I display too few ads here. Be a blogger and write the topics you love most.
Online Consultancy – Online Consultancy is also a very good option for earning extra money. pick up your area of expertise.
Surveys – You can earn money by taking online Surveys. You need to register for sites that publish surveys.
Seasonal Shop – Seasonal retail shops could be very good side hustle.
Reviewer – Be a critique or reviewer and review goods and services. Manufactures/publishers ...
Ten stockbroking firms control 53.6% trade in NSE
Ten stockbroking firms accounted for 53.58 percent of the total traded volume at the Nigerian Stock Exchange (NSE) within the period January- June 2012, figures obtained by Business Day have shown. The stockbroking firms are Chapelhill Denham Securities Limited, RenCap Securities (Nigeria) Limited, Stanbic IBTC Stockbrokers Limited, BGL Securities Limited, Skye Stockbrokers Limited, CSL Stockbrokers Limited, ARM Securities Limited, Cordros Capital Limited, EDC Securities Limited, and Dominion Trust Limited.In the 6-month period, these 10 stockbroking firms traded 49.2billion shares ...
Facebook app centre launched in India: Will it do well?
Facebook introduced its app centre in India and six other countries, with the objective of helping users find games and apps more easily. This is part of a concerted effort on the part of Facebook to showcase the work of developers using its API, as well as capitalize on the fact that most of its users seem to access the site via their mobile devices.
The service is also available on Apple and Android mobile devices.
The company said the centre has driven millions of app installations since it was introduced in the US last month. The centre does not host apps, but sends users to the appropriate ...
Tuesday, July 10, 2012
NBC and Facebook to Announce Olympics Partnership
Users of Facebook, later this summer, will be reminded about NBC’s coverage of the Olympic Games in London. And viewers of NBC’s coverage, at the same time, will be nudged to talk about the Games on Facebook.
The virtuous circle is part of a collaboration, to be announced Wednesday, between NBCUniversal’s NBC Olympics division and Facebook, the social networking Web site. Data from Facebook will inform television coverage on NBC and on the other channels that will carry portions of the Summer Games starting on July 27. The specific uses will vary, but there will be a “Facebook Talk ...
Gloomy economic and corporate data weighs on markets, currencies stabilise
Markets were under pressure in the past 24 hours as the Japanese Machinery orders tanked and the Chinese inflation data also spoke volumes about the underlying level of activity in China. This was compounded by European bond Markets waving more red flags with Italian and Spanish bonds once again under pressure and the latter closing back above 7% and the former pushing toward the top of their recent range as well. But the stronger economies of Europe are still able to access unbelievable market rates with France and Germany borrowing short term debt at a negative interest rate overnight. ...
BetaShares launches "BEAR Fund"
Investors who hope to make money even when the share market goes down now have the opportunity to do so, with the listing of the BEAR Fund on the Australian Securities Exchange (ASX).
The BEAR Fund is believed to be the first managed fund to be listed on the ASX that allows investors to profit from, or hedge against, a fall in the value of the Australian share market.
The BEAR Fund was officially launched by exchange traded funds provider BetaShares on Tuesday.
BetaShares' head of investment strategy, Drew Corbett, said the fund had a simple structure, investing all of its assets ...
Shares flat at noon on China data
THE Australian sharemarket was flat at noon after worse than expected Chinese import figures weighed on local miners.
At 12.15pm AEST today, the benchmark S&P/ASX200 index was down 2.6 points, or 0.06 per cent, at 4115.7, while the broader All Ordinaries index was down 2.4 points, or 0.06 per cent, at 4157.4.
On the ASX 24, the September share price index futures contract was down nine points at 4081, with 10,662 contracts traded.
CMC Markets Chief Market Strategist Michael McCarthy said the weak Chinese imports figure was weighing on the local market.
"It was opposite ...
Saturday, July 7, 2012
BOK kicks off investment in China's stock markets
SEOUL, July 1 (Yonhap) -- South Korea's central bank said Sunday that it has launched its investment in the Chinese stock markets in a bid to diversify its portfolio of foreign exchange reserves.
In December, the Bank of Korea (BOK) earned qualified foreign institutional investor (QFII) status from China's financial authorities, which allows the bank to invest in stocks and bonds traded on China's financial markets. The BOK was allowed to invest US$300 million in yuan-denominated assets.
The BOK said it had entrusted the allocated money to asset managers ...
Market likely to remain bullish on hopes of major reforms
The stock market is expected to remain bullish with indices likely to open on a positive note on Monday amid government moves to initiate major reforms and easing of euro-zone debt troubles.
"The underlying bias has improved but further gains will hinge on policy interventions by the Centre to restore investor confidence," said IIFL's Head of Research Amar Ambani.
Markets zoomed last week after Prime Minister Manmohan Singh took additional charge of the Finance Ministry -- following Pranab Mukherjee's resignation to contest presidential elections -- and asked officials to help revive ...
Stock markets rise on euro optimism
Asian stock markets have inched higher amid continued optimism over Europe's moves to ease its debt crisis and economic malaise.
Japan's Nikkei 225 index rose 0.4% to 9,037.95 and South Korea's Kospi gained 0.2% to 1,857.08. Australia's S&P/ASX 200 index added 0.9% to 4,132. China's Shanghai Composite index increased 0.2% to 2,228.89.
Markets in Hong Kong were closed to commemorate the handover of the territory to China in 1997.
Leaders of the 27 European Union countries said after a meeting on Friday that they would seek to centralise regulation of European banks and, if necessary, ...
Why Microsoft’s $6.2 Billion Charge Matters
At first blush it’s easy to write off Microsoft’s $6.2 billion goodwill impairment charge, announced after the market’s close Monday, as an asterisk to its history that will have little significance to the company and its investors.While big enough to wipe out a quarter’s earnings, investors will likely shrug it off because it’ll merely be viewed as a one-time non-cash “accounting” event at a company with $58 billion in cash on hand, operating ...
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