Thursday, April 28, 2011
US media United States and China Dragon busine57 benefit
"United States Cato Institute website on March 30 article" question: do business with Chinese Dragon
last fall , United States Democrats have tried to upset voters to doing business with China into a magic weapon to win in that election day. However, while American opinion poll agency said they worry about job opportunities may be China claimed, but the vast majority of people involved in the November vote did not bite.
although Sino-US trade relations are complex, but basically, it is good for both, for the same reason, since the end of World War II, expansion of trade has been in line with United States interests. Trade with China, and as with other parts of the trade, expanding United States companies market, United States consumers to see more competition and innovation, and get the lower price, at the same time trade has also contributed to peace, has also spread to overseas United States influence and value.
all Americans benefit from China
politicians seize the export issue is not, but forgot to benefit all voters from imported goods. In the United States $ 365 billion worth of goods imported from China in 2010, more than three-fourths is to improve the living and working conditions of our consumer goods.
for these commodities is particularly important for working class families and in Wal-Mart Supercenter, take the family out of the greater part of the income to purchase our affordable non-durable goods imported from China. Christian ·, University of Chicago; Broda and John · luomalisi a 2008 study found that imports of goods from China was slowed by poor may buy goods prices rose. Some politicians called for higher tariffs on goods imported from China, they aimed at the poor and middle class money bags.
for United States companies and people working in these companies, China is still accepted United States exports of the fastest growing major market. 20 years ago behind the size of the Chinese market is still in many countries, now became a United States third largest buyer of export commodities, second only to Canada and Mexico. In 2010, the United States exports to China has surged 30% compared with the previous year, growth is much faster than exports to other regions. Soybeans and copper is a United States main export commodities to China, but we sell is mostly high-end manufacturing products in China, mainly chemicals, plastics and other industrial machinery, computers, semiconductors, and civilian aircraft.
sold goods to China is not just the Fortune 500 companies. US exports to China more than one-third of commodities originated from small and medium enterprises, which employ the number of employees is less than 500 people. If the Chinese airplane and sitting next to people chatting, may find that the other side is a sales rep or supervisor, from now to the Chinese of this rapidly expanding market sales of goods of 27,000 United States one of the small and medium enterprises.
when the Chinese do not have their earned dollars to buy United States products, they purchased United States Government bonds. Critics believe that United States Government debt growing due to the Chinese is not a good thing. Although trillions of financial deficit was terrible, but this is not China's errors, but those that extravagance of Washington politicians are wrong. According to a study of the Federal Reserve, if we are not from China, Japan and other net saving countries borrow money United States long-term interest rates will almost certainly be higher, some important investment opportunities in China's economy will also be lost. Capital inflows from China spurred the United States of economic development, without pushing up inflation, nor encourage secondary credit.
Zhejiang scandium find $ 70 billion worth of rare earth mineral containing 70 tons more expensive than gold more
REE 17 items in total , A wide range of uses.
NW Zhejiang, hiding a cornucopia, 4 km-wide SC rare earth mineral containing 70 tons, the economic value of over 70 billion yuan
“ we find a $ 70 billion worth of rare-earth mine, SC containing 70 tons. &Amp;rdquo yesterday afternoon, journalists received on mobile phones geological exploration Bureau of Zhejiang Province sent a message.
found deposits is the first geological Brigade member of the Council. In a recent interview, journalists and the team has had many contacts, however, maybe is the national strategic reserve of rare earth resources, the SC can be found in national defense, military, aerospace, nuclear and other more important aspects, so they've been tight-lipped.
officially published as the message yesterday, players finally say find the Super big mines of many stories.
old silver mine in the new discoveries, even more valuable than gold
typically, scandium resources of up to 10 tons of mineral deposits, can be referred to as “ &rdquo large deposits. In the discovery of rare earth ores, scandium resources of more than 70 tons, use “ very large mineral ” to describe the point cannot be overemphasized.
on the exploration of the area, started in 2007.
first geological Brigade here found a deposit based on silver, contains 800 tons of silver, and 130,000 tons of lead-zinc mine, &ldquo when there are Ming and Qing two generations of mining Silver Mine left over from the old hole, there are practicing silver slag, and other relics. So a start, we are dominated by mining silver. &Amp;rdquo; geological prospecting Bureau of Zhejiang Province first geological Brigade Chief Engineer Yang Xiaochun said.
second half of last year, Xu Gang and Captain Yang Xiaochun to investigate a lead-zinc deposit of mengzi County in Yunnan, overheard a message may contain rare earth in the lead-zinc mine. They immediately have thought, they are in the exploration of the mine will also contain rare elements?
after returning to Zhejiang, they sampled immediately on ore testing results for these abnormal geological experts surprise: after testing, sure enough, found a variety of rare earth element, scandium content of which the highest, per ton of ore containing 14 grams, achieve the standard for industrial use.
SC is a more expensive metal than gold, history, SC was the price of gold of 10 times, now has at least 4 times the price of more than double. &Amp;ldquo; the old silver mine, we have found something even more valuable than gold. &Amp;rdquo; an Geological team, told reporters yesterday.
Forced to stop the first high speed rail civil aviation routes and from Nanjing, Wuhan flights acro51 grounded
Gushen Buffett's succe51or Jan Sokol suddenly resigns
global network reporter Zhu Yingku reported that Singapore Joint morning post reported on March 31, is considered United States “ gushen ” Buffett succession Jan Sokol (David Sokol) 30th suddenly resigned, has been reported that before he recommended Buffett buying a company, has purchased the company's stock.
, according to Reuters, Buffett said, Jan Sokol recommended him to acquire chemical company Lubrizol (Lubrizol) prior to purchase the company's stock. Buffett says, I believe Jan Sokol did not violate the law, he recommended acquisition, mentioned the company's stock, he was not much impressed.
Buffett said that Jan Sokol purchased Lubrizol stock in December last year, was subsequently sold to, and then purchased the company in January more stock. He then recommend this company to Buffett.
according to the record, Jan Sokol in January from 5 96,060 Lubrizol purchased shares to his purchase price of the purchase price and Buffett, he can be a profit of $ 2.98 million (19.53 million RMB).
reports, relevant news on Buffett's reputation against, because he has always stressed “ transparent ” importance, but this may involve a conflict of interest.
Jan Sokol interview stressed that no insider trading, Buffett mentioned in the statement on the incident, because Ba Jun for the acquisition of voting will be declared.
Wednesday, April 27, 2011
Teach Buffett investment trick long term shareholders gain the initiative
Buffett long-term investing in a company, does not engage in intrigues, aboveboard, and often seek his stake in listed companies, and then follow the 36 meter step by step gain the initiative, and is the most welcome of the controlling shareholders of listed companies.
gain the initiative of Buffett's most classic case is investment GEICO auto insurance companies.
first step take advantage of a loophole interference
Buffett in Berkshire annual report 1995 Tanzania investment GEICO Chan is to take advantage of a loophole in interference is dangerous and even into: early “20 century 70 's, David soon after retirement, on succession management in estimating insurance costs of committing a serious error, allowing underpriced in underwriting policy of the company, and later almost led to bankruptcy. Thanks to Jack · 1976; John Byrne joined the company as CEO and drastic remedial measures, the company survived. Berkshire 1976 into GEICO shares in the second half, and later slightly overweight. To the end of 1980, total investment of us $ 45.7 million, owns one-third shares of GEICO. &Amp;rdquo;
second adhere to long-term holding
since then, Buffett 15 not overweight, but insisted on a long-term holding, a unit not for sale, gradually gain the initiative, become absolute controlling shareholder holding 50%: “ although we have not carried out within the next 15 years to increase its stake, but due to the weapons buy-back shares in this company, increasing our stake to about half. &Amp;rdquo;
1995-year BA feite gain the initiative, fully controlling shareholders: “ that by the year 1995, we agreed to under US $ 2.3 billion to buy the other half is not part of the shares. It is a very high price. However only such a high price to make us totally have a high growth company. &Amp;rdquo;
after the privatization of GEICO has since become one of the core of the Kingdom of Buffett investment insurance company, its huge premiums for Buffett to provide large amounts of profits and investment funds.
step into listed companies valued customers
Buffett adhere as buying companies to buy shares as a long-term investment to do long-term shareholders: “ we study business prospects, is responsible for operation management, and the price we must pay. In fact, we are willing to stake indefinitely, as long as the intrinsic value of the company is expected to increase at a satisfactory rate. &Amp;rdquo;
long-term investments like Buffett who is the real shareholders in listed companies. This real long-term investors for him in the minds of all listed companies ' management has won the VIP status. So once listed companies want a directed issue introduced a long-term strategic investor, Warren Buffett is preferred.
20 century 70 's, GEICO insurance company faced bankruptcy due to business failures, urgently needed financial support in Buffett's long-term investment in the Washington Post company boss Catherine · Graham introduced, new Chief Executive Jack so he found Buffett a stake. (Shanghai Securities News)
Outcry over millions of variety market clivia high price just gi28icks
3-month spring has just returned, clivia markets are already popular. Flower show as much in the past, tens of millions of call prices, nearly a billion dollars of clivia miniata from flooding the market, even if the eventual auctioned price at around $ million, is also high and was speechless. And Changchun, Shenyang, and other places are similar high prices, some sellers have also played a very strong own clivia Huaming, like “ Golden Eagle ” 、 “ the first strains of ” such as, the concept of popular, many market participants recall clivia foam to bust situation 30 years ago. Million price high is not high at every turn? Clivia now no money in speculation in the market? Also is to say, this is just a group of lonely lonely player himself manipulated the game?
“ a fortune overnight on a cake is dreaming ”
“ a few days before the show list prices such as $ 99,999,999 much to death, don't trust those. &Amp;rdquo; King of clivia miniata in Changchun in operation for more than 20 years of business boss says, basic price, auction prices on the flower show is not credible, sold millions of dollars in person, and after a show, only a fraction of the price may be.
&ldquo, many people specifically to hype, flowers not your own, maybe is the low price received from the people, they pack packaging. &Amp;rdquo; boss Wang said packaging clivia, nothing more than a fancy name, building flashy and the concept of a point, and then marked with high prices take out money lie, lie to deceive laymen the way.
“ clivia price on the market today, what do people spend cannot exceed $ 1000, $ 500 even higher. Good flowers, over 10,000 would have been difficult to sell. &Amp;rdquo;
“ clivia really intends to do business, it is people-oriented, do the mass consumer market, want to rely on a cake a fortune overnight, that basically is a dream, but many people in the industry, including fried who intends to come in, have been holding this dream. &Amp;rdquo; a species of clivia miniata believe many places whether fried clivia miniata is a species of clivia miniata is people who are not aware of the problem.
clivia prices remain at the bottom?
according to understanding, traditional Shang clivia of appreciation main is leaves (“ Ye Yi ”), leaves of number, and color, and size are has stress, now and increased has suit, but these so-called of standard originally is a concept, “ unique, and scarce sexual ” on into has hype of Foundation, also created has 30 years Qian sensation national of “ clivia foam burst event ”.
data shows that in early 1985, named Wang Changchun large flower pots of clivia miniata sold to customers in Harbin, the price is $ 140,000, created before 1985 clivia extremes of the transaction. According to the London financial markets at that time the taxi licence premium, $ 140,000 to buy more than 40 two more gold, can be made of dozens of pots “ Jinhua ”, clivia “ Green gold bars ” the title is hence the name.
“1980 years to 1985 period, holding pots walk around the street, several times the price, price of 100,000, 200,000, we also have a run on is really not too normal. &Amp;rdquo; eventually when bubbles, flowers laid in the hands of countless.
“ now with was not the same, now General clivia sale price just a few blocks, dozens of money, hundreds of thousands of people can afford to buy, downs does not occur. &Amp;rdquo; while emerging sky-high clivia, but, like many wife, boss Wang believes that current clivia overall price is “ low ”, appears as a whole rose is very normal.
“ few money &rdquo of clivia miniata;
“ clivia Changchun claims to have 50,000 people, there are a few earn big money? &Amp;rdquo; according to reports, currently of clivia miniata in Changchun in China of more than 50,000 people, but made a fortune by rare.
described boss Wang, currently around Changchun rental house price is $ 160/m, generally shed in 60 to 70 meters long, count down rental costs have more than $ 10,000 a year, and if flower seedlings in the greenhouse, probably less than 10,000, if it is to spend two or three years of age, may have two thousand or three thousand trees.
“ you say how much money to back? Dear nobody, not much cheaper and earn money, So who's to say this fortune, it was all a fraud. &Amp;rdquo; King boss says, people like to say that they pursue the good variety, the use of high technology, such as gene technology, seedlings is also a good hundreds of trees, are in fact stuff, is 4 to 5 dollars.
“ high variety of gambling is opportunities ”
&ldquo, tens of thousands of special varieties of the, hundreds of thousands of transactions, in addition to the real appreciation of the rich buy back or gift giving, most flower people buy back propagation, cultivation of new varieties, they are optimistic about is their own vision and future business opportunities, but this is not asked. &Amp;rdquo; boss Wang said during the show, he has a flower bud of a buyer to buy back by Harbin, but cultivation of buy back the others.
“ a few years ago, a customer spent $ 500,000 in Shandong I bought more than 10 seedling trees here, have now produced the, a tree seedlings will be able to sell more than 1000, which is the need for technology, vision, gambling is the future of business opportunities. &Amp;rdquo; King boss said.
“ many people advertising like blowing clivia is ‘ all one-time investment, life sold out ’, this does not say wrong, I also did not get the number, then more and more, several greenhouses is now. &Amp;rdquo; in boss Wang, really want to do this business should first introduce some varieties of low prices, first mass market, good varieties themselves slowly nurtured, or made a mistake, compensable have wiped is normal.
Beijing market potential
“ one of my friends in the suburbs of rented two large greenhouses, specifically of clivia miniata, does is ‘ lunar new year flower ’, when is the annual new year's day, new year, selling out the flowers just opened on, selling hundreds of dollars, is ready. &Amp;rdquo; King boss introduced, due to high costs of long distance transportation from Changchun to Beijing, and came to flower easily damaged leaf and Bud, and many people in Beijing Changchun plant clivia.
it is understood that compared to many cities in the Northeast, Beijing regional sales are strong, and engaged in the profession of basically every summer back to Changchun to pick out more than four years, large flowers, Duo ' er number of varieties, transported to Beijing placed inside the shed after breeding, winter sale, earn about 1 million a year.
“ Beijing has a flower fair in the world the year before last, I also went to the stalls found selling variety of 2, 3 dollars in Changchun, 20, 30 pieces of silver in Beijing are selling like hotcakes, came to dismantle when it lined up with the mad rush, to the money stuffed into your hand, is not enough of us goods sold. &Amp;rdquo; King boss said, similar to this market in Beijing, has a great potential for the future.
How interest rate era busy fi zhizhao financing
interest rate era about money? In the recently held “2011 years China Fund Investor Services round show large public service activities and special events commemorate the 10 anniversary of the China open Fund ” on the Tianjin concert, experts from bodies such as the fund companies, asset management companies, interest rates how to choose the right financial product of the times, topics such as investment opportunities in emerging markets had made recommendations to investors.
fund company's retail division General Manager Wan Yun said, in the face of environment of higher interest rates, investors should learn to choose the right financial products, commodities of particular interest to such fund investment opportunities.
Wan Yun said, there are three main classes of financial products in China: the first category is the floating of such proceeds, also called stock market investment products; the second class is a real estate investment; third category are investment gold silver art, corn, soybean, oil and gas, and so on. In the three major types of financial products, real estate tools is the best anti-inflation in the past decade, but the next ten years of real estate could no longer bear the “ task ”; direct investment stocks, most investors are still loss; investment in commodities, because professional threshold higher, few direct investment. But through the Fund can achieve direct investment in commodities, so it's worth investors.
asset management company senior manager Mo Yuanhui believes that emerging market stocks have greater chance to outperform the mature market this year, including beat Japan and European markets.
Mo Yuanhui said emerging market fundamentals than mature markets. Whether economic growth, or the enterprise profit, emerging markets are better than in mature markets. At the same time, emerging markets has also recently been mature market investors of all ages. Therefore, whether it is fundamental, or the cash, and will have greater opportunities in emerging markets outperform the mature markets.
Mo Yuanhui believed that China and India will be the leader in emerging market growth in Asia. In China, the h-share current valuations are cheap, h-shares overall earnings is expected this year at around 12.1 times times, h shares of strong corporate profit growth also in other parts of Asia. Current Asian economies to export-oriented, but more theme of domestic demand in the medium and long term advantage.
Investment gold then adds a new first active management gold funds will release
reporter was informed yesterday, e da gold theme funds will be available April 1, which is easy to reach its first gold such assets as investments subject theme funds, is also the first active management-gold Fund products.
more recently, domestic investment gold market continues to heat up. E gold theme funds to operate LOF, investors can be the same as General Fund via bank (, farmers, workers, built four lines and China Merchants Bank, and so on) and outlets on the sale of securities dealers, or in the secondary market transactions.
e introduction, gold prices have long wave period, volatility characteristics, in order both to share the proceeds of gold prices decreased, but also can effectively avoid risks, e da gold theme of active fund management strategy, their investment in terms of both scale and scope of investment reflects the characteristics of active management. From the investment scale, 48%—95% design reserved positions of greater flexibility into the back; from an investment perspective, in addition to the gold ETF, gold gold class assets such as stock funds, are also involved in fixed income, equities (golden shares), a small amount of derivatives investments.
experts believe that gold as an important part of family asset allocation concerns. To address investors to manage their own professional problems, investors may wish to select a professional agency its gold Fund financing.
Image the pay Fund Bank brokerage fertilizer Christian Democratic
as of March 29, dispatch, has been 500 funds owned by 48 funds company announce the 2010 annual report. W IN d statistics show that total, the Fund received 237. management costs of $ 900 million, this figure, more than 10 times times its profit for the year 2010 funds industry.
the economic information daily, reporters also found that follow channels of banking transactions fees, hosting fees and brokerage commissions are all well beyond the scale of profit for the year of the fund industry.
management fees, Huaxia, harvest, Yi fang da and the southern and GF top five, charged management fees have reached 28. $ 800 million and $ 1.7 billion, $ 1.64 billion, $ 1.45 billion and $ 1.35 billion.
ironically was, according to buy Fund, these management 1.99 trillion worth of assets owned by 48 funds company funds only profitable 2.132 billion yuan for the year 2010, and all 60 firms only profitable 2.768 billion yuan for the whole year. This means that 2010 fund industry-wide profit even not as Huaxia fund management fee charged by a year.
Fund is not the only profit of the company. WIN d statistics show that has been disclosed in the Fund, Bank managed costs reached $ 4.16 billion. Four row still enjoys absolute leading position, number of industrial and commercial bank of managed funds have reached 162, managed assets of the Fund reached $ 634.9 billion, managed costs reached 13. $ 6.2 billion. China Construction Bank, Bank of China and agricultural Bank of managed cost $ 1.097 billion, respectively, $ 735 million and $ 354 million.
in addition to hosting costs, in the fund industry “ channel is King ” era, customer maintenance also becomes a bank channel &ldquo from the fund industry; gold ” a big weapon. Many of the indicators and statistics for the funds paid to the Bank, to sell the Fund's costs, also known as “ trailing commissions ”.
jianjinxin fund research center study shows, to the inclusion of statistics 36 of fund management companies in the 2010 customer maintenance costs combined 29.500 million Yuan, 16% of the total remuneration for managers. Including than the Jin and Yuan dynasties, yinruixin, Everbright PRU us, Chinese business, Invesco great wall, the Pu Yin AXA fund company customer care costs, and facility total is in excess of 20%. Among them, the highest proportion than the Jin and Yuan dynasties, customer maintenance costs the total reached 25.41%.
from a single fund, over 36 381 Fund of fund management companies, customer care costs 110 funds total more than 20%. Among them, ICBC Credit Suisse CSI 300 and Peng Hua global find customer maintenance costs account for, respectively, and 55.05%, and build global opportunities, ICBC Credit Suisse global collection and Damo excellence customer maintenance costs for the growth of the total reached 48.55%, and 41.57%, respectively. This means that, on these few funds, was only a bank customer care costs, already engulfed nearly half of the funds even more revenue.
in addition to the Bank's customers and managed to maintain fees, brokers through trading commissions for a cup of soup in the fund industry. WIN d statistics show that at press, has published an annual report in 48 of fund management companies, 2010 total securities trading commissions reach $ 5.06 billion.
in the Fund in its Fund, international domestic demand on power contributed 79.447 million worth of transactions for brokerage commissions, transient first. China Post core Huaxia dividend, China universal equilibrium growth, growth, harvest healthy fund securities trading commissions are more than 50 million Yuan.
one industry source told reporters the economic information daily from March last year, one-time incentive for Fund sales have been the opening of the SFC prohibited by the regulations on administration of securities investment fund sales charges, currently fund companies for brokerage sales generally is taken orally promised volumes sold to encourage their return. At present, for the old Fund, General promises 10 times times the turnover for the new Fund, and is generally about 40 times times of turnover.
“ different bargaining power of small fund companies, some small companies return on turnover of commitment can even 50-60 times. &Amp;rdquo; these people said, &ldquo of course, this does not fall on the paper. &Amp;rdquo; these people said.
Society of owe the Bank money is a new era of capital debt financing
now enter the interest rate cycle, because interest rates continue to rise, many people began to busy due to the Bank mortgage prepayment. Under the influence of traditional attitudes, most Chinese have negative debt heart unhappy feeling. The previous interest rate cycle, I scrimped to bite, even take money from relatives and friends, in early 2007 to Provident Fund loan relief due to the Bank to pay off. Was also on an annual salary of up to seven digits but is not also the mortgage, and claims “ to owe the Bank is a capital, why &rdquo in advance; the friends do not understand.
return, however, prepayment of regret to myself, if you go back a few years ago, I have to borrow money from banks, and 30 years slowly or not giving back loan forward.
after the financial crisis of 2009, share prices rebounded after falling to the floor, house prices have a callback, and even more rare is, due to the discharge of the Bank, banks hands too much money, and loans for people, not only the first set of mortgage interest rates fall, even if the two sets of home loans, interest rates can also play 70 percent. No matter what the bottom-feeders, gains are considerable.
I was around a lot of friends, either in the stock market make a fortune or to low interest rates by the Bank bought the second set, the third suite, assets turned over several times. More good, step on the time difference of good stock and real estate market, making the stock market and then make the real estate market, therefore makes multi-millionaire (now with 3 suites, tens of millions of assets is not difficult).
now banks raised interest rates, which helped rich guy stealing music! Because others first mortgage interest rate benchmark, they two suites of three suites, you can still enjoy the rate of 70 percent. And I borrow money from relatives or mortgages, was forced to pay at a crucial time, missed buying at a good time. Now, I am acutely aware, for family finance, debt is a necessary configuration. This time, everyone in the harvesting of property income, if all of the “ Po ” are betting on earnings growth difficult enemy to inflation, is necessarily relative situation of the quality of life in the future more and more low.
friends has a couple, a room for five or six years, has been not determined to buy, for fear of liability are too high, as a result, more than their work later than low income all live on the new House, themselves also with children in the dwelling, now hand hands of hundreds of thousands of dollars in cash, more dilemmas.
I would not suggest that you now to borrow to buy, price, I was put. Only experience tells me that for purposes of wealth, capital is a pair of wings, a chance, if there is no capital, you'll never difficult to leap. Although lending rates continue to rise, but be sure not to save the interest, the mortgage paid off. Negative point debt financing can leap.
Multi millionaire's Alchemy revenues do not build bonds
Regal behavior pattern different from that of ordinary people, often make things in violation of social General, incurred other grudges. United States's largest retailer, Wal-Mart founder Sam · Alton often disrupt the market price. Once caught a chance, he would await the bargaining to the vendor. Therefore, vendors all know that doing business with Wal-Mart is not easy. Therefore, if you want to be a yes man, the best out of Regal dream.
long wait
to wealth, and with enough force, refused to temptations of short-term interests, holding the core assets. Microsoft's Bill · Gates ranked top global rich list for many years, is due to he was able to resist the temptation, don't give up majority stakes in Microsoft. When any investor in the advance toward the road to riches is not rich, it takes a long time of waiting, reasonably arrange their own funds in the hands of, selecting the right investment direction, then anyone is likely to be a billionaire.
Qian Sheng Cianfa
1967 years, North Carolina's brother Ralph decided to sell shares of the funds to open a grocery store. They contacted 100 acquaintances, each of these persons at $ 10 per share price buy 100 shares. More than 30 years later, at the grocery store has become more than more than 1000 stores “ King of food ” large companies. Its stock price is $ 109 per share, investors in the same year 78 has become a millionaire.
living within our means
1960 years, hantuo and Qiao Jina from Cuba to the United States Shi, penniless. In 1966, they did a reporter after graduating from University. They get rich strategy is to save every penny, as bank savings is the effect of compounding, so the couple went to the Bank on time each month to save. They live a thrifty, discounted merchandise is that they often buy things, often cut discount coupons from newspapers to buy cheap things, work with boxed meal. A few years later, they would save up most of the revenue. Until 1987, when they come up with $ 1250 in the mutual fund, 8 years later became a millionaire.
not built debt
today's credit card company with a wide variety of preferential measures to attract new customers, banks and vigorously sell House mortgage loan, most people in the face of such temptations, it is easy to fall in, cost is due to the debt, interest shall be paid for the debt. United States millionaire 70% in debt-free, they know, each $ 1 interest paid, less money available to invest US $ 1. Therefore, they bought the House must be affordable financial resources still more than enough of them.
Tuesday, April 26, 2011
Guan Tao reserves growth jiangjiang not affect prices price regulation
"more financial picture, please click on the"
foreign exchange payments Secretary Guan Tao in Chinese financial magazine the author points out that in recent days, there is a continued substantial appreciation Foundation. Foreign exchange reserves growth does not come down, will greatly affect the current regulation of prices and rates. Even House prices down regulation, would not exclude the financial flows to other markets, causing asset bubbles, increase the cost of production and the life of the whole society, RMB exchange rate appreciation in disguise.
said Guan Tao, promote the reform of RMB exchange rate mechanism is important measure to improve financial control, RMB exchange rate reform to overcome a floating phobia. Too much emphasis on exchange rate stability is the exchange rate from the tool into the target, is on variations of exchange rate policy. Moreover, the dollar's future is an uncertain, unstable currency, pegged to the dollar to the introduction of confidence-anchor, but will intensify multilateral exchange rate change, and enter the inflation.
said Guan Tao, gradually expanding cross-border RMB-denominated settlement is in the financial strategy choice of China's national interests, but short-term domestic demand coordination of RMB “ ” and to promote balanced relationship between target. Foreign investment can be taken at this stage (loan) use of RMB-denominated, convertible currency delivery and settlement way of expanding cross-border use of RMB.
in his view, gradual capital account liberalization was important in promoting international payments system. To diversify the channels of foreign investment and investors, was the focus of the next phase of opening capital account in China. Towards capital account convertibility of the Renminbi to pay attention to and supporting the reform of other propulsion. General principle is that the internal financial openness cannot lag behind external financial liberalization, market-oriented exchange rate must not lag behind in the opening of capital account. Opening up to the pace too fast, other related reforms are too slow, especially the implicit exchange rate guarantees, could increase cross-border capital flows on domestic economic and financial impact, increasing the difficulty of macro-control. In turn, the pace of capital account opening is too slow, is not conducive to advancing the construction of Shanghai international financial center, the RMB's internationalization and other domestic financial development strategy implementation.
"outside storage status"
China reserves balance first breaking 3 trillion dollars | is expected will continues to increased | expert said growth had fast had cool
outside storage are book losses subject Yu host | us credit prospects was drop outside storage assets or required large for warehouse
Le Jia-Chun: outside storage more fast growth on China economic constitute challenge | Luo vertical a: early the reduced reserves
Zhou xiaochuan: reserves has super in China need of reasonable level
" Outside storage questions "
does not to 2 years increased 1 trillion dollars outside storage more mass only reasonable?
four asked China days volume reserves how better for the State and the people service
week silence foam: 3 trillion reserves capable what
" outside storage management "
outside storage management reform release signal: tube live incremental optimization stock | Li Yining: six section recommendations anti-outside storage shrink
Wen Yuankai: buy oil buy invention buy talent “ swelling ” outside storage | Sandalwood: meeting of control in storage reservoirs in the
Central Bank research Secretary Zhang Jianhua: be careful of United States Treasury bond price fluctuation
Shuanghui development 5 trading days value $ 17 billion
shuanghui development “ harms others does not self-interest ” Agencies withdraw 5 days value of 17 billion dollars
Xinhua Shanghai, April 25 (reporter Yi Yang sinking) shuanghui development shares 25th lowest since the create Biological Aerated food safety issues, this total had nearly $ 60 billion in the market value of food processing industry listed company “ harms others does not self-interest ”, since March 15 5 trading days have shrunk 17 billion yuan. Behind the collapse in its share price, double sinks the last two trading days the cumulative exchange rate is more than the sum of the first three months of the year, a lot of institutional money withdrawal can be seen.
the media “ double dealer commitment to the meeting ” after clarification, shuanghui development shares April 25 resumption once again usher in a significant decline after once fell in the disk, its stock price reaching 58 per share. Lows of $ 52. Shuanghui development exchange rate on the day as high as 7. 37%, despite the modest fall compared with the previous trading day, but one-day contract 25. 6.8 billion yuan is still show institutional money out of some huangbuzelu.
shuanghui development opens the drop to 21st, published by the Shenzhen stock exchange transactions, public information displays, signs of net selling from institutional investors are clear. Shuanghui within three days after the resumption of the sell up to 5 agencies seats sold a total of 13. $ 300 million. And in buying up to 5 seats in the Everbright Shenzhen shennan road securities business departments have bought 3 new Trojan. $ 100 million, became a seat bottom-most, but far less than the selling agencies sell total amount up to 5 seats. From 25th shuanghui stock prices plunged again, the first three trading days to buy a large quantity of funds clearly bottom-“ copy in the &rdquo on the hillside.
some analysts pointed out that, since the relevant provisions of the China Securities Regulatory Commission require fund company held a stock market value of the single fund product cannot exceed the total net assets of the Fund's 10%, part of the market value of shares held by the Fund in order to avoid double removals over, must sell shuanghui shares to reduce the percentage position.
by the end of the first quarter of 2011, offering securities investment fund industry in China a total of 164 Fund 2. Shuanghui development 1.6 billion share stock, of which 56 Fund at the top in the stocks only hold shuanghui development, proportion of net assets of the Fund at the end of last year over 5% of the Fund for a total of 16. In such a huge public placement Fund needs to sell double sinks stocks under pressure, coupled with some funds due to the need to meet redemption pressures had to passive selling shuanghui shares continuous killing fall is not surprising.
in this case, although shuanghui development still claim that 2011 years companies will still be in the first quarter net profit of 2. $ 6.5 billion to 2. 700 million Yuan, and part brokerages Institute also given double meeting vigorously “ support ”, repeatedly sing more double meeting development fundamentals sought to support its shares, but from 2008 milk industry listed company encounter “ melamine ” event Hou shares Super expected plunged of performance see, break food security this section bottom line of listed company itself market substantially shrink or will difficult to avoid, double meeting lean fine event eventually caused has “ harms others does not self ” of double negative effect.
Internet companies such as Baidu Thunder Office dealt with by Ministry
zhongxinwang on April 25 electric recently, Ministry issued on investigated 12th batch illegal Internet culture activities of notification under, requirements about province (City) culture administrative sector and culture market comprehensive law enforcement institutions, on Baidu MP3, 14 home suspected illegal of network music website, and Shenzhen City Thunder network technology limited, 20 home suspected illegal promotion and publicity of network game operations units, and Pentium technology network limited, 4 Home unauthorized engaged in operating sexual Internet culture activities of units be Office investigated.
it was reported that on January 7 this year, Executive Office of the Ministry of culture published the circular on cleaning up illegal network music products, released the first batch of 100 first without censorship or record-keeping violations networked music product, requires major website by February 28 and self-correction, to clean up rectification and reform. In mid-March, overdue completed by Ministry of culture decided to clean up rectification and reform, still in first violation of the first batch of 100 network music products and services are provided without authorization of the Office dealt with 54 networks music Web site. In the check in the near future, some websites still provides the above without authorization violations such as Baidu MP3 online music services such as play, listen, use or download. To this end, the Ministry of culture once again deployed, under the requirements of the interim provisions on the administration of Internet culture, Baidu MP3 14 suspected illegal online music sites, such as Office for prosecution.
it is understood, in July 2010, the Ministry deployed combat online game vulgar publicity and promotional activities, wind of vulgar publicity once contained. But Shenzhen Thunder networking technologies, Ltd and other 20 units, still used contain expressly prohibited by article Nineth of the way of content, promotion and publicity of its operational network game products. In response, the Office dealt with deployment of the Ministry of culture.
announced the investigation list, also including Pentium technology network and other 4 without permission, arbitrarily engaged in online gaming operations of units.
Hundreds of millions of tons in warehouses rotted Chinese cabbage fried with evil roost
because garlic new upcoming need warehousing, hundreds of millions of tons in warehouses rotted Chinese cabbage is a foregone conclusion. Stirred up trouble floating capital suffered a major defeat, this fiasco is to follow the education most hyped, but I don't know whether Chinese cabbage reminded hyped enough.
general terms, not hot money like Chinese cabbage varieties, compared to other agricultural products are concerned, in millions of tonnes of output was too great, and the cabbages are seasonal agricultural products, there is no fixed export of processed products, as last. However, Chinese cabbage has advantages such as easy to neglect, origin storage, centralized. According to Chinese cabbage price performance over the years in each of the season if every pound sold to 2 cents, has been very good. Compared with other high-end agricultural products, prices of Chinese cabbage to enhance space is very broad. Integrated balance, Chinese cabbage finally has become the target of idle speculation.
this reporter has learned, soon just sow the seeds of winter cabbage, hype planners began to hype of Chinese cabbage in Northeast Shandong, Henan, and operations research. Subsequently, hyped operation in full swing, class futures warehouse receipts for Chinese cabbage will soon roll out on the one hand, on the other actively booking occupation around the cold storage. Speculators believe that speculation the biggest cost is not a cabbage in Chinese cabbage itself, but the cost of storage and transport.
originally cabbage warehouse far-less than 2 cents per pound, after entering the last October, dealers finding has been difficult to place an order for annual sales of Chinese cabbage, cabbage is not found everywhere. Therefore, the warehouse of speculators began to soar, rising to four to five times times the starting price. Vegetable dealer as well as other hype began to intervene. Food City began going around the northeast to grab food, some even stationed in the village, also in the fields of food, already have a way out.
speculation looks like stability is not paid, are treading on thin ice, there are always risks. Hype cabbage is the biggest risk a &ldquo from the Government level special attention ”, is from farmers temporarily backed out of the second and the third is whether inflation can come as scheduled.
“ Millennium very cold ” and Korea pickles crisis gives Chinese cabbage hype theme and gimmick, let the whole hype seems to sail with the wind. But as the State development and Reform Commission and other departments on speculation have taken a wide range of control measures. It was not long before, Chinese cabbage main hype funding problems, forced to shrink the withdrawal.
, it is said, at this point the major speculators by selling futures under the warehouse has earned a lot of cabbage, in order to balance the interests, finally to secondary hyped team a certain amount of economic compensation. However, some follow the hype believed the initial hype, the market is expected, holding a cabbage refused to sell. Would follow the trend of hearing speculation of the wind, the desperate charge forward, even bet their original capital.
now not only Chinese cabbage don't follow the trend of realizing a fortune overnight, even to end up a wiped end. There is also a rumour of the community, in last year's hype in the planning of many varieties, but in the end as mad as mung beans, garlic, sugar, not many just participating in follow the trend of the loss is far from Chinese cabbage so obvious.
a speculators said, speculation was crazy the way of agricultural products, because there are other aspects of large and small market players, the money will follow. Entire speculation becomes complicated participation of these groups, but also to the Government regulation to increase the difficulty of is too large. Truly largest behind the hype, is information synthesizer, hype before the action closely market research throughout the country. And follow the trend of just chasing shadows followed, often the last great stick hand. Chinese cabbage now worthless, only bad in a warehouse, to follow the trend of speculation is one of the largest and best lessons. (Yang Li)
Financing Guide up, money changing a lot of money
whenever talk of financial topics, often complained that “ no wealth to acting ”, or &ldquo, till I had money, consider financing things not later than. &Amp;rdquo;
that is the case, please?, torch development zone, some electrical work of Arabic, as others have said “ no wealth to acting ” case, by up, money after years ultimately become not a small sum of money.
2005 years have just graduated from college to work when the Arabic only $ 1500 a month, due to living in basic without lodging, but after deducting meals and living expenses in addition to only four hundred or five hundred dollars for each month to the balances down. When started, each month balance down the money, quietly lying on the salary of Arabic “ sleep ”.
2007 year, Arabic for a job, wages rose by almost 1 time times than before, basic balance of around $ 1000 per month. Because companies pay this piece, Arabic frequently deal with the Bank, “ so I can set aside a month salary point, is there any way to money income than deposits better? ”
then to Arabic recommendations Bank financing, let her wages balance parts of fund investment. It is understood that this rule of investment lower requirements for each phase of investment, can claim to have money on one of the most simple way. Called fund investment is short for fixed investment fund on a regular basis, is in a fixed time (such as monthly 8th) to a fixed amount (for example, $ 500) investment in the Fund to set.
Fund vote for maximum advantage of its regularity. If you are a very easy to make their own month light office worker, then use of the Fund investment and can at least forced saving. Today assumed monthly wage bookkeeping is 12th, so vote today automatically debits the accounts of the Fund based in the 13th or 14th, you ensure that the investment amount will not be spent, adherence must be no small amount of wealth.
after three or four years of insistence Arabic told reporters that the current account balance is more than $ 100,000 of her, through funds for investment and the income generated about 20,000 yuan, far higher than the money in the Bank's interest income.
double Bank demand deposits with low interest and inflation influence, Cary sleep funds will only increase in wages worthless, surface deposit down dozens of Yuan a year, hundreds of interest actually is not only quietly devaluation, also a waste of the investment value of the original. Therefore, we do not underestimate our own “ trace ” the wages.
IKON Fed easing unchanged
icon financial April 21 in the last trading day of the foreign exchange market recession and years of deficit financing policy makes United States total public debt is accumulating. United States Treasury Department data shows that as of April 18, the United States public debt amounted to $ 14.253 trillion from the current United States Government $ 14.294 trillion dollar debt ceiling only 4.1 million.
the Federal Reserve (FED) material adhered in June as planned next week complete the 600 billion dollar bond purchase operations and is unlikely to rush to tighten policy, economic prospects for the United States as a result variable exists, I believe that believe the Fed will expire by June later on bonds to invest to maintain its balance sheet to avoid passive tightened. Or this issue will be discussed at its meeting on April 26, and fed to the usual practice is to relax, keep, and then tightened. I expect its balance sheet will remain unchanged for some time. &Amp;rdquo;
biaopu in the 18th has warned that unless the Obama administration and Congress to find red reduction effective means, otherwise within two years had lowered the United States's AAA sovereign credit rating possible. If the rating is downgraded, would undermine the United States as the world's most influential economy $ roles and occupy a leading position in the international monetary system. Will also hold United States Treasury bond investors require higher returns, resulting in increased borrowing costs, so as to undermine the United States economic recovery. But he said, this is not going to happen. He biaopu reduction United States rating prospects move do not agree with.
the euro against the dollar, opening at 1.4331. United States stock market to rise to promote emotional risk appetite suppressing lower dollar, coupled with the eurozone debt crisis mitigation, days the euro significantly higher 200余, eventually closing at 1.4521. Tomorrow is Easter market volatility is not expected in the West too, dominated by high consolidation, above the resistance level 1.464, below the support level of 1.449.
financial event
Woman using ATM machines to counterfeit money bleaching into real currency Bank not desirable
report from (by reporter Wang Penghao Lu Yang Mu Yi correspondents) woman Zhang wanted to use automatic deposit and withdrawal of bank machines to counterfeit money bleaching into real currency. She did not expect banks quickly saw through her cleverness. Yesterday, the West according to the police, has now been in administrative detention.
4 13th, near the woman a to Ma Liandao-do. See the side after an automatic depositing machine, she thought there was two hundred counterfeit money never spent. Then insert your bank card withdrawals of $ 500. Notes popup after 5 hundred Yuan in cash, a from which to remove the two hundred real currency, two counterfeit money in the hands of quickly plug back into the card slot. After 30 seconds, money automatically shut off, a money ATM machine “ swallowing ”.
this afternoon the next day, when you call the customer service phone call and withdrawal of money has been swallowed, less money on the card. Bank staff based on Zhang's case, the taking of surveillance video and found where the catch. 19th, when Zhang to the Bank to deal with the matter, was brought back to police stations by civilian police.
when surveyed, Zhang said she felt with play money and real money return machine, then from other people to check out, so as to leave no trace. But the Bank staff, banks and not vulnerable in this regard, each ATM machines with banknotes authenticity automatic recognition function, the machine does not recognize “ invalid currency ” will be individually stored within the machine, and records related to access to trace data.
Financial institutions call gold investment to look long term
4 20th International spot gold above $ 1500 mark, in macro-face a number of factors support to mainstream institutions still continue to firmly see how gold future.
institutions bullish gold
according to the study on major organisations, the short term, major factors promoting the gold price up including: geo-political factors, European debt crisis, nuclear leakage problems pushed gold safe-haven to strive; the European Central Bank interest rates led to dollar weakness; food, crude oil, rising prices of basic commodities such as metals, causing inflation pressure increases. At the same time, may also appear in the gold price adjustments, the main risk factor to observe dollar economies such as sustained interest rates. Therefore, for the needs of, and a hedge against inflation risk aversion, varieties of gold as a long-term investor may wish to be configured to take into account.
investment gold there are five ways
at present, domestic ordinary investors gold there are five main ways: real gold, paper gold, gold stocks, gold futures, gold funds.
by contrast, physical gold is “ to see tangible ” physical, but the worst liquidity, high transaction rates. Payment in kind of a complete transaction to pay the exchange rate of about 6%, and the gold funds are much lower relative, such as the e gold theme fund the full cost of only 3%. Gold Futures usually does not for general investors participation; paper gold track gold most close, but its price market fluctuation, does not has evaded market risk of function; gold Fund by professional financial way to draw various gold investment products of strengths, has public raised Fund rates low, and liquidity good of advantage, also can must degree Shang in gold fell Shi evaded risk, and in gold rose Shi by gold unit of high elastic zoom income. (Yu Ting)
Shanghai more than one female investors buy more than 40 million bottles of maotai liquor
daily April 25 News: according to the morning news reported that so far this year, the city has been organized for vintage wine auction, but the bidders enthusiasm remains undiminished. &Amp;ldquo yesterday at Shanghai Grand Theatre; vintage wine auction ”, 125 a turnover of over 70%, one of the most “ crazy ” a female bidders breath won over more than 40 bottle of moutai.
reporter estimated, this “ crazy ” investors spent a total of more than 1 million Yuan. Auction, 780-on “ wine ” the most popular, turnover is at about $ 20,000. A bottle of the early 80 's dark reddish brown bottle “ &rdquo the three revolution; five star trademark Kweichow moutai starting from $ 20,000, after several fierce bidding, jumped to $ 60,000.
in addition to the aging of maotai liquor, the auction will also provide a different brand of wines, including wuliangye, fenjiu liquor, such as tiger bone wine. Currently, the city of maotai wine auction record of $ 1.2432 million for, starting from a bottle price of 380,000 yuan “1958 years of five-star brand white glazed bottle of moutai ” hit.
author: Li Xinxin Menz
Buy investment caution real rate of return is not nece34arily capable of resisting for months
for those plans to buy housing loans when the landlord is in the loan interest rate when you want to 30% that floats must be careful to make a decision, because when relatively high lending rates, buy investments may not be cost-effective.
took Fu Avenue, a building located in China, for example, the price 9,783 Yuan/square meter in the properties for sale, the housing mortgage on the fair can enjoy 97 percent, price was $ 9,489/square meters.
if the purchase of a 70 square meter two-bedroom, total price to more than 660,000 yuan, down 60%, also looking for bank loans of more than 260,000 yuan. Second Suite lending rate floating 30%, 8.84% implementation of loan interest rate, if you choose a loan term is 20 years, matching the principal and interest repayment, monthly for $ 2312.6, loan interest for the period amounted to $ 295024.03, without early repayment, the total repayment amount will amount to $ 555024.03.
even after good rental housing decoration, monthly rent also may not be able to still months of recovery. In a mature residential area near the buildings, the current two-room Office of a monthly rent of around $ 1200. Even $ 2000 per month rent successful rental, rent for $ 24,000 a year received, in the case of housing appreciation part is not calculated, actual yield well to catch the 8.84% of loan annual interest rate.
Sunday, April 24, 2011
Party newspaper called intergenerational differentiation mechanism of serious lack of change the fate of the poor
II, rich and poor, outside the system of the second generation, second and second generation within the system …… due to family background brought intergenerational differentiation of different prominent issue has become a transitional period in China. What causes differentiation of the second generation is it? What are the problems to be solved? How to face the intergenerational differentiation? Recently, the reporter entered the “ II ” groups, understand their living conditions and psychological characteristics, reveal the deep reasons of intergenerational differentiation, to probe the ways and means. &Amp;mdash;— the editor
wandering between urban and rural “ marginal ”
second generation migrant workers ' cities due to family background of household registration and other reasons not to be accepted by the city
nearly two years , Wang Dong has been working at, Chaoyang District, Beijing Jinzhan Township. Last century 90 's, Wang Dong's parents from chaohu, Anhui Province, home to Jinzhan Township to work. A few years later, he came here with her parents and migrant schools through elementary and junior high school. But because there is no account in Beijing, Xiao Wang unable to college entrance examination in Beijing, so after graduating from junior high school only back to Anhui home school, and admitted to the College on the ground. In 2009, college graduation, he returned to Jinzhan Township, but never found steady work only in a small factory near temporary jobs.
no account means that Wang Dong cannot enjoy the Beijing people's social security and public service; parents are foreign workers, Wang Dong does not have any available community resources; wages of more than 1000 Yuan per month, buy a House became a distant dream. When it comes to life after, Wang Dong looked all at sea: &ldquo, and I don't want to go back to life, but also do not see the future in the city, go here first, find opportunities it slowly. &Amp;rdquo;
Wang Dong's life, it is most true portrayal of second-generation migrant workers. For years, indeed some second generation migrant workers through their own efforts out of poverty, the achievement, but most people are due to a poor family conditions, living conditions difficult and wandering between urban and rural areas, as “ marginal ”. They are from rural areas, but due to the long live in the city and the rural alienating; they aspire to the city, but due to the pressure, residence, family background and other reasons not to be accepted by the city, it is difficult to share the joy of modern life.
reporter was found in the survey, compared with parents, second generation migrant workers also has its own significant characteristics. They accept a certain degree of education, will wear a suit and tie, like using the new mobile phone, standard Mandarin is quite right. In addition to the work, they also like to consider your future, although such plans tend to be a distant dream.
Lee 18 years of age. Since his record, parents grandparents home he stayed in Shandong, himself a job. Due to lack of supervision control, Lee studied very well, to junior high school is no longer willing to continue to read on, and even came to Beijing with his parents.
“ first came when it was fascinated by colorful city life, special excitement. &Amp;rdquo; Lee said. But not long, he found that Beijing is good, belonging to the family but not much, his parents working at, Tongzhou district, Beijing, living room was small and, tired back to overturn a day bed, has little free time. At the age of
16, Lee has a first job, is on parents working in the factory of labourers, working less than three months, he did not do. &Amp;ldquo; live too tired, I could not do. &Amp;rdquo; Lee said, then he worked in the restaurant the waiter, distribute advertising in the street, work is always changing to ' face.
talked about future plans, Lee is very simply: “ go step by step, also have any plans? Now to me, does not expect to get settled in Beijing, built in, buy a House, you want to make some capital, and later doing business. &Amp;rdquo;
experts believe that face the dilemma of new generation migrant workers, we cannot be wishful thinking to ask them to return to the country, farming at ease; also cannot blindly accusing them of seeking to enjoy, they have the right to improve their living conditions. Governments should accelerate household registration, employment, medical care, social security, and other related system reform of rural land as soon as possible to eliminate institutional obstacles to urban and rural differences and inequality of workers and peasants, and gradually break the dualistic management mode, to their survival and development in the city provide a broader space.
United States waging economic war of the eight characteristics international financial organizations for Alliance
G7 working together to throw early Hong Kong stocks rise of the yen is now
Saudi continues to its “ sent money ” policy, Middle East crisis deterioration of opportunities reduce, Japan Fukushima nuclear power plant also again recovery cooling system, market panic emotional greatly relieve, more important of is G7 joint intervention Forex, suppressed Yen rally, enhanced investors of confidence, Hong Kong equities held by last week by low obvious rebound, Hang Seng index five a trading day rose 4th, heavy Shang 23,100 points, display Hong Kong equities held by has see back stability signs, Friday to a week high 23,158 points closing, full week tired rose 858 points, increases up 3.85%. Supported by the strong performance in domestic shares in State enterprises index better, increases up to 4.41%.
performance period has more than a half, performance of blue chips was mixed, Sinopec and China Construction Bank performance has not yet announced when you wrote, but oil, CNOOC is ideal in the trade, Bank of China also ceiling up to market expectations, to drive the main driver of city rise. However, large blue chip HSBC, China Mobile results are not satisfactory; Tencent, lifeng, China coal energy performance disappointed investors, three one-day drop of 10% after releasing results. The focus of this week is certainly long and publish results on Thursday, in the case of 3G performance turn losses into profits, believe that Hutchison will become the next rally, led by shares.
since March 18, starting with the G7 joint intervention yen, selling approximately 530 billion yen to suppress the rise of the yen, this is a G7 intervention in foreign exchange market operations for the first time in the last decade. Now each link is closely related to global financial markets, the yen is the protagonist of the carry trade, the effect is even more important. The so-called carry trade, that is, investors sold the yen, buying other high interest rate currencies, due to the long-term maintenance of zero coupon Japanese yen, investors can profit from both margins, in addition to buy high interest currencies in recent years, also buy other risk assets such as equities, commodities, so important trend on the global investment market trend of the yen.
Japan appears after the nuclear crisis, after World War II high of Yen rise to 76.25 forced investors unwinding stops, so that compression of risky assets, the G7 will be joint intervention in foreign exchange market for the first time, to ensure financial market stability. At present, the United States economic recovery remained the basis of instability, European debt situation is critical, so believe intervention continues, will continue to be substantial selling Yen to pressure their run. In the case of banknotes flooded added liquidity, is bound to asset prices pushed further, so I expect the next few months, will enter a new round of increases in commodity and stock market quotes.
if it is not a new breaking news broke, the Hang Seng index at 22,123 almost certainly had bottomed out, future repeated upward trend should be maintained, but the blue-chip performance has been mixed, instead of guessing the rise and fall of big city, it would be better concentrated investment to good performance and promising shares. Many units have published results from a year earlier, part of the performance of building materials unit and heavy engineering unit is pretty good, and national policy support, better prospects for the future, from which the investor may wish to treasure, for long-term investment. (Huafujialuo securities Yin Yancong)
Minister Beijing Shanghai high speed railway fares cheaper than air tickets
Beijing-Shanghai high-speed railway will be opened after a few months, Sheng Guangzu, 26th Minister of the people concerned about the fares of the clarification.
Sheng Guangzu first said in the interview, Beijing-Shanghai high-speed railway fares are divided into two. A is the direct Beijing to Shanghai, is based on full direct transport to measure. There is a section of the Park, section parking fares must be cheaper than civil aviation air ticket price, and cheap rates still relatively large.
for Beijing to Shanghai to Beijing-Shanghai high-speed railway fares, said Sheng Guangzu, be a little cheaper than air fares.
said Sheng Guangzu, direct fares, is the calculation according to the railway construction costs, operating costs, in the end is how much? they will, in accordance with the price method of the program, once the measure submitted for approval.
Sheng Guangzu also said Beijing-Shanghai high-speed railway opened, not only increasing the passenger capacity between Beijing and Shanghai, as well as increased cargo capacity.
Sheng Guangzu said that after the Beijing-Shanghai high-speed railway opened, the original Beijing-Shanghai Railway to increase cargo capacity, increased passenger capacity while increasing cargo capacity.
Sheng Guangzu said during the two sessions this year, China's high-speed rail will continue to develop in the areas of national medium-and long-term adjustment planning of railway network, he is confident of prospects for high-speed rail development. The Broadcasting Corporation of
Thursday, April 21, 2011
Central Bank how four adjustable reserve release signal
"more financial picture, please click on the"
"experts"
Guo Tianyong: expected future reserve ratio by there are small space
Li Thunder: surge in open market maturity funds leading to deposit ratio by
to Weldon: increased short-term deposit rate affect banks a share in the future trend of complex
Wu Xiaoqiu: controlled inflation to increased supply reserves frequency adjusting will effect economic growth
News Analysis: gradually elimination prices rose of currency factors
—— perspective Central Bank year fourth times raised deposits reserves rate [ahead of hedge short-term liquidity release peak]
Xinhua Beijing on April 17 electric (reporter Yu Wang, and Wang Peiwei) distance last announced raised deposits reserves rate just a months, people's Bank of China 17th Yu here announced, since 21st up again raised deposits class financial institutions RMB deposits reserves rate 0.5%.
This is the fourth since the Central Bank this year raised reserve requirements, as well as reserve tenth the rate of increase since last year. Analysts believe that the move was intended to further recovery of sufficient liquidity in the banking system, and respond to ever-higher price pressures, while central banks deposit reserve rate again by, also clearly passed out of the current environment to the market should continue to return to the sound signal. [Housing and Enterprise monetary easing will further tighten] [Interest rates or is near the end]
further recovery and ample liquidity of the banking system
“ bank credit growth fell back in the first quarter, but down trend is not very obvious, monetary growth was rallied; in addition expires April open market a huge amount of funds, current Bank funds are still abundant, this is the main reason for the Central Bank continues to increase deposit reserve rate. &Amp;rdquo; Institute of the Chinese people's University finance Professor Zhao Xijun said.
Central Bank previously published monthly figures showed March new RMB loans of 679.4 billion yuan, increased by more than $ 172.7 billion. March monetary growth per cent rise in February after a fall, in March and rally in February, representing a high 0. 9%. At the end of March, the broad money supply up 16 per cent. 6%, higher than the 16% objectives for the regulation of currency at the beginning.
a bank trader said, lingering current money market interest rates are still low, Bank funds still quite relaxed.
in addition the data display, since March Central Bank extensive use of period is 28 days in the open market repurchase operations, due in April to open market capital of more than 900 billion yuan. Analysts believe that the open market days expired funds exacerbated the Central Bank April currency from circulation pressures. In addition to issuing central ticket and means of implementation, is repo open market operations, a continued to raise deposit reserve rate, will certainly become an important means of withdrawal of liquidity of the Bank. [Monetary policy with inflation]
after this up, which can freeze bank capital of more than 360 billion yuan, the current deposit rate has risen to 20 large and medium-sized financial institutions. History of 5% high. [For the tightening market liquidity] [Short term or affect the banks]
Liu Hongbo beef Paste name is fake good news
beef paste, what meat is beef. This additive, people was amazed. Guangzhou said trade and industry, is a condiment, consumers are safe for consumption.
food can be assured that visible is safe. Eat more harmful, experts say something more harmful. Right when the case, but pork to beef, consumers samller, what should I do? Guangzhou also said that the Consumer Council, has not received related complaints and reports, if you suspect met beef takes complaints, according to &ldquo, who advocates, who &rdquo of proof; the principle of consumers can be sent to the authority of the Organization to be detected, and issued by the inspection body and finally proved.
this Gospel of the pork is sold as beef. Use the Spice merchant, beef paste is not fresh stuff, consumers are heard for the first time, this visible pork to beef, has changed a lot. However, when who buy meat on the market, will be told “ this is beef &rdquo pork; it? Visible those meats are beef as sold out.
found legitimate beef paste for Commerce and industry, the consumer will identify suspected counterfeit beef to themselves authority. Combination of two phase, that of beef paste manufacture beef, can rest assured that beef sales.
last “ a drop of sweet ” as well. First media found alien-like, report magic “ a drop of sweet ”, a drop of soup can be done, restaurant what soup, only taking the appropriate aroma of “ a drop of sweet ”, blending, and delicious. Soon, the Ministry of health status, “ a drop of sweet ” is savory flavors, chemical synthesis of sauce, harmless to the human body.
harmless to human body, but is there any benefit to the human body yet? Who's been drinking in restaurants called “ a drop of sweet ” soups, we drink is chicken soup, soup, beef soup bones, and more naturally, some of which is to use “ a drop of sweet ” made out, the price is, of course, prices of chicken soup, soup bones, beef soup.
if you suspect is not in a restaurant to drink soup chicken soup, but taste a drop of flavor of chicken soup, should also like to suspect beef only “ beef paste ” like the magical effect of leaving evidence, authorized organization test. In this way, we still drink “ a drop of sweet ”, still when the chicken soup for the buying, complaint is of course not.
, it is as harmonious. Because the sauce is legitimate, so to meat to the soup are security, checking security on regardless. Samller, a large number of people there, because there are no complaints, so no one tube. In other words, know the abundance of goods on the market without plates of food, there are fraudulent trading, but this matter had to be patient. This is what we as a community food management, known frauds are everywhere, but investigation and regulation is unnecessary.
also crack down on fake and shoddy say? Seems to be no, at least in the area of food that is the case. As long as the selling of food is safe, then sell noodles as shark's fin, no one tube, as long as you have an additive, has the same flavor noodles made with shark's fin on the line. Of course, security is often not guaranteed, this alone. A society regardless of shoddy, are thought to safety without security, that do not also very strange?
last year Shanghai traffic Department “ fishing law enforcement ”, these two days, media reports said some local food regulatory, “ fish law enforcement ”, fines in place, you can be making and selling unsafe food, including feed and lean in. Additive and condiment cooking the chicken soup, beef, it looks like even fine does not have, that is, with the development of food science and technology, under normal circumstances, we only need to drink much like the chicken soup, eating is meat like beef. Management of food market, is not going to guarantee that you buy the real chicken and beef.
additives is legitimate, fake chicken soup or beef, but spending more money, but nothing to eat, nothing good. In fact, lean meat are then recycled and used to be legitimate, flour Whitener had legitimate, but also ate nothing, I haven't heard of flour eaten eating lean pork and whitening agent to have an accident. In fact, even illegal additives, such as rice flour added sodium formaldehyde sulfoxylate, ginger sulfur fumigation, nitrite stewed pig's head, ate was fine. Our management is now down to measure something OK, this is why the melamine-tainted milk can thrive for many years.
Hongbo Liu
China to reduce industrial and co51ercial households and contracted or leased by the operator's tax burden
Xinhua Beijing, April 20 (reporter Cui Qingxin, Han Jie) NPC draft 20th amendment to the initial consideration of the personal income tax law, to be adjusted according to the payroll tax rate levels-level margins, production operations and adjusted individually contracted or leased operation of the tax level distance, makes production and business income taxes has declined to support the development of such taxpayers.
Treasury Minister Xie xuren in following the session National Standing Committee 20th times meeting Shang on personal income tax method amendment draft for description Shi describes said, because draft intended will existing of 9 level excess progressive rate modify for 7 level, for balance individually production operating proceeds taxpayers and contracting tenant operating proceeds taxpayers and wage proceeds taxpayers of tax level, draft maintained existing on production operating proceeds of 5 level rate levels does not variable, on production operating proceeds rate table of level from for has corresponding adjustment, will rate table of first level level from by years should tax proceeds amount 5,000 yuan adjustment for 15,000 yuan, other the document of level from also corresponding for has adjustment.
Yi Liu, Professor, Peking University School of Economics noted that adjusted production decline in operating income taxpayers have different levels of tax burden in order to help encourage the industrial and commercial households tenant operators such as SME development and contracting.
according to estimates, from 2010, adjusting production operations rate level margins, reduce personal income tax revenue of about $ 11 billion.
author: Cui Qingxin Han Jie
Lamborghini says China will be the first large market
World Wide Web Reporter Zhu Yingku reported, according to United States, of the international financial times reported on April 19, Italy super sports car manufacturer Lamborghini automobile company's Chief Executive, Steven &Bull; wenkeerman (Stephan Winkelmann) said on April 19, with the luxury car market continued rapid growth in China, the country will become the company's largest market.
wenkeerman the same day said: &ldquo I think even this year will be the first large market in China. &Amp;rdquo;, he adds, Lamborghini in China would be dependent on the exact sales of its new flagship sports cars on sale Aventador.
wenkeerman also revealed that being a Department of the Volkswagen Group under the Audi brand, Lamborghini now has 14 agents in China and its dealers in China by the end of this year will increase to about 20.
he also pointed out that China is different from other markets, it has more female customers. China's Lamborghini owners also younger than owners in other countries, “ this is a good sign, because we can grow with them. We must be careful of is that they age not to abandon the brand. ”
Wednesday, April 20, 2011
2011 must see workplace Feng Shui big 12 constellation transport
Aries
acting has always been open and aboveboard Aries, has always liked to do the work environment is also made of bright, therefore, absolute uglies Aries Office lighting, a light Office can definitely meet the requirements of Aries to the environment. Layout should be mainly to turquoise for the entire Office, Office space with some outdoor atmosphere, working in such an environment will greatly enhance your passion, work is not easily tired. Aries impulse character prone to confusion of the situation on the financial management, the best in the room some hint of perfume spray, help stabilize mood, will play in working better, the perilous swings will come rolling in.
Aries workplace taboos
do not hang on the wall some bizarre abstract art, painting color should not be too red, can impact your subconscious, undermine your emotions. While lines more soft, simple drawings, to playing a positive role in Aries.
Taurus
Taurus you confident, sometimes inevitably lack of courage, recommended desk placed in the South, this will not bring negative emotions, you can also put a small bowl near the door, will improve your Jin Qianyun. Surprising artistic taste and appetite of Taurus, does not forget to critical on the environment at any time, so carefully designed Office will be in line with the Taurus high taste, on one side, some elder in the drawer can improve the Taurus's Jin Qianyun.
Taurus workplace taboos
Taurus people should not be placed in the offices of vine plants, indoor plants are best of woody plants, because the leaves to block, and poor absorption of energy, and vine plants will absorb people's energy, endurance specializing in bovine cattle in particular should not be.
Gemini
“ gossip ” Gemini, is curious to novel information, bought a variety of natural chance bizaare books are quite high, so ultimately, a big shelf in the Office. Gemini to enhanced transport potential, can put the sound near the desk, always listen to the music, put some small toys in drawers, occasionally break out playing, can reduce the work produced in the restless mood, pen holder into white and delicate pink, will give you added a steady flow of energy.
Gemini workplace taboos
should not be placed on the desk of some sharp metal objects, Gemini love playing with small things is more likely to injure yourself.
cancer
for family full of cancer, there are no more than family photos and other items so that they look cheerful, placed on the desks of family photos, cancer more hard work will be. Cancer is your lucky color of blue, saxifraga, with beautiful glass bottled up when decorating, can also increase your luck!
cancer workplace taboos
right not to put too much stuff, General cancer writing habits of people with the right hand, right hand side put too many things, affect the activities of smooth, so cups, folders, books, and so the best swing on the left.
Leo
full of arrogance of Leo article is relatively large luxury items should be placed, they like to sensual pleasures and the stimulation of light and shadow, also attached importance to top-grade material. Leo you room to put some more silver decoration, will make you interested to specialize their own work. If you already have lovers, don't forget to place your photo in the Office, stealing two pieces of thin Lotus Leaf behind in a frame, you will live forever.
Tax reform hosted people look forward to experts in family and family planning policy contradictions
Shenzhen, Xinhua, April 20 (reporter Huang Mei and Zhao Ruixi to pay airlines) on 20th of wide concern to the People's Republic of China personal income tax amendment Act (draft) (hereinafter referred to as “ &rdquo the draft;) was submitted to the plenary session of 20 meeting of the NPC trial. Due to a tax adjustment related to the personal money bags, especially in the case of high prices, price is too high, a tax adjustment carries too many expectations.
a tax levy could continue to rise? Tax can price, price-linked tax point? Can the family tax units? After the debut of the draft, the community highly concerned about this. Experts believe that the tax adjustment is only the beginning, series of income distribution reform in “ 35 ” period continue to advance.
a tax to be canceled and 15% two tax rate description
a tax adjustment bearing people expect experts said the tax should be over 3,000 | Seven-person $ 3,000 or low
comments: a tax should be just a “ noble tax ”| A return of tax collection and payment should be regulating the original meaning of the income
external media attention: law media: China's reform of tax “ the poor are rich ”
tax tax points can continue to rise?
20 draft day submitted to Congress for consideration of the proposed abatement costs from the current $ 2000 per month up to $ 3,000 per month, to be received from the existing wage level 9 excess progressive rates modified for level 7, canceled and 15% two tax rates, expand the scope of two low tax rates and 5%, expanding the coverage of top rate of 45%.
improvement of tax point welcomed by the people. Guangzhou Li Ding said the people: “ urban life is increasingly expensive, a lot of pressure. Tax tax increase is directly reduced the burden on us. &Amp;rdquo;
Li Ding represents the aspiration of many people. &Amp;ldquo fenghuangwang organization; what do you think a tax levy increase ” surveys, attracting 147,088 participants. 98.2% of the people support the point raised a tax levy, that focus on unreasonable low income tax burden.
experts believe that personal income tax is one of the important means of adjusting income distribution through “ from low, levy and high ”, achieving peak load shifting of income, promoting “ cake ” fair distribution. Therefore, the tax collection points should be adjusted according to the level of economic development.
Sun Yat-sen University Lingnan College Department of finance and tax Director Lin Jiang said tax collection points set shall be the basis to ensure the basic living expenses, the excess part should pay taxes. In recent years, driven by the rapid economic development and the price is high, is imperative to improve wage and salary less the costs.
experts believe that $ 3,000 tax points can continue to improve. &Amp;ldquo; two sessions ” period, there were deputies co-sponsored motions, proposals, it is recommended that a point referred to the $ 5,000 tax levy. Famous economist Mao yushi even thought that should be referred to the $ 8,000 tax points. A survey showed that 88.6% people think a tax collection points should be raised to $ 5,000 or more.
, Director of the Guangdong Provincial Institute of fiscal science Li Xudong is that the point is too high a tax levy is not necessarily a good thing. Burden should be by &ldquo w the tax base, low ” to achieve.
Finance and investment, not blind intervention not investment gamble
as of 2007 art films of the year, the aunt of post-modern life brings together Chinese film stars such as Chow Yun-fat, Qin Si Eva Herzigova, Zhao Wei, films with modern city life in Shanghai in the background, about a female dramatic tale of sorrow and joy after retirement. Modern life is inseparable from the finance and investment, also appeared in the movie and investment-related story. Hero Pan Zhi often encourage my aunt to invest in the cemetery, it is said that you can make a lot of money, while aunt know nothing about investments, do believe in a Pan Zhi often this liar, took out life savings into one, the result is wiped.
aunt investment of tragedy, is simply does not understand the investment object, just blindly under the confused and poisoned by others heavily involved, this is not an investment but a gamble. Finance and investment are skills people need to take advantage of the modern metropolis, one of the very important principle that is not cooked doesn't. Who decided to make the investment, we do not spare the time and energy to have a good look at the investment object, for a comparison of the risks and benefits should be fully assessed. Unfamiliar territory, don't intervene.
known as “ gushen ” investment guru Warren Buffett, always adhere to the principles of green investments that do not do. He once said: “ we focused on trying to find those in the next 10 years under normal circumstances, or 15, or 20 years is predictable business after business. &Amp;rdquo; this is called the principle of capacity to Buffett, he consciously ability can not grasp the investment away from those who own variety, that is never touched even look very high yields, but he is not familiar with the enterprise. Buffett like this, retail investors can casually cast acridine owned their own complete strangers, so-called high return investment?
IKON the United States is expected to rebound in non American record
according to icon financial April 18 in the last trading day of the foreign exchange market United States economic data show eye-catching, plus Moody's lowered again Ireland credit rating, the euro suffered an unprecedented crackdown, rate all the way to go down no improvement. The Federal Reserve (Fed) some States the Chairman thought that on the occasion of yet inflation and employment targets, maintain loose monetary policy will be in its favor, it makes the dollar index slipped.
United States region of the economic data has had a significant improvement, the overall economy is steadily moving forward, this is why Sunday on the fourth nuclear power plant explosion will only affect the trend of high risk investment currency one day. A series of economic data released Friday, earlier announced the United States in March consumer prices continued their run, but the core rate of inflation remained moderate, seasonally adjusted, March consumer price index (CPI) rise per cent 0.5%. United States per cent from February CPI has increased by 0.5%, economists are predicting that core CPI in March increased by 0.2%, the overall CPI would rise 0.4%.
United States Federal Reserve Board, months before the March industrial output increased by 0.8%, operating rate to 77.4%. Economists expect March industrial output increased by 0.6%, operating rate to 77.4%. In March industrial output rises to highest level in three months. Last Reuters/University of Michigan consumer confidence index in early April to 69.6, 68.2 higher than 67.5 of the end of March and the beginning of March. Economists had expected 68. In good economic data Friday was the promotion of non-US currency in the Forex market to go higher.
financial event
IKON $ non weak US economic opportunity chonggao
according to icon financial April 19 in the last trading day of the foreign exchange market United States credit rating company standard and poor's company cut United States Government rating Outlook to negative, and expressed the downward because of United States Government debt is too high. And biaopu recognizing, United States current AAA long-term and short-term credit ratings and A1-. Poor's said the negative rating Outlook means one-third of the fall in may in a two-year United States long-term government bond ratings. Biaopu said the United States solve the problem of budget deficits and government debt increased prospects remain uncertain, United States sign of government liabilities continue to increase rapidly. At present, United States Government may be 2013 years ago existing budgetary difficulties cannot be resolved. Therefore decided to decrease United States Government rating Outlook to negative.
United States debt debate is in a positive direction. Moody's maintained United States highest sovereign ratings unchanged, the prospects for stability. Europe declined to 1.4155 intraday lows, at 1.4231, or 260多. Pound US Supreme 1.6328 minimum cent to close at 1.6264, band 160多. Expected dollar is still in the end of rally stages, coupled with realistic serious oversold dollar or increase the rebound up power.
$ index exceeded 75 short-term resistance, means that the end of the dollar index likely to 74.6 per cent decline may rebound trend continued. Dollar index callback support today between 75.20—75.25, dash between important support in 75.00—75.05, as long as the callback is not broken 75, rebounded up the dollar still has a chance. Dollar index rebound resistance of around 76 today, above the only firm in 76, dollars can only be continued northward.
financial event
Finance Division Fund investment and better suited to what investors
fund investment with the one-time purchase, has its own characteristics, different investors may favor different purchase method. Then, fund investment and better suited to what investors?
first class, insufficient investment of effort and time, or lack of experience in investment investors. From fund investment “ expert financial ” perspective, with fund company specialized investment research strength and complete risk control system that lets investors enjoy relatively easy process. Fund investment with automatic deduction and stabilize the market risk and other features, allows investors the investment process more robust and easier.
the second class, with a stable source of income for investors. Fund investment and works best for each month of investing a fixed amount per month with a steady income investors. This includes two categories of investors. First class people have accumulated some wealth investor. This part of the investors have several years of work experience, accumulated some wealth, but is not very rich. An investor 32 years of age, there are 90,000 yuan of funds for investment funds, have a steady income of $ 12,000 per month. So, his first investment of $ 90,000 for a one-time purchase, the methods can be a suitable target combined with the risk appetite of the Fund, and from the planning part of the monthly income used to fund investment. Second category of investors in people is not any wealth accumulation. City “ Moon family ” is a large group, they usually just the workforce, work experience and income are relatively small. A investors 25 years old this year, master degree, with a monthly salary of 7,000 yuan stability, no deposit. This part is in a life of wealth accumulation period for investors, over a long period of time (more than 10 years) of the Fund investment and realization of “ compulsory accumulation of wealth ” purposes.
in addition, the Fund investment and can help asset is not abundant but stable income families achieve long-term investment plans, including pension costs planning, children's education fees planning and housing down payment accumulation plan, this form of investment is what draws United States 401K plan (means the United States in 1978 under the internal revenue code section No. 401 k). (Excerpt from Huaxia fund investor education books of the do a reasonable investor. Market risk, investment need to be cautious. )
Retirement can only do 3 to 35 money schemes which
3 financing programmes, which do you choose?
early retirement in the end how much money needs to prepare?
early this year, Professor of Beijing Normal University, said Zhong Wei wrote, one in 2027 retired workers, 3 million —500 million will be required to spend the retirement of the rest, and the first-tier cities such as Beijing, Shanghai and Guangzhou deep, prepared to $ 10 million endowment may not be enough. It seems that in order to retire at the age of 35, road to struggle long far XI.
money schemes 1
1000 $ method: entrepreneurship emerging economic
do, after all, is not a small number, hard work alone is not enough. Keeping traditional industries than to join the new economy.
today, the creative network is still priceless: FACEBOOK founder Zuckerberg was accused of plagiarism because of a conception of social information service at Harvard University on wenkelaiwosi brothers had to be US $ 64 million in compensation to the latter. And new energy vehicles are considered to be the Internet of a new world economic engine in China, founder of BYD's Wang chuanfu first to enter the electric vehicle industry, are favored by Buffett, stocks breaking the sound barrier. – With this industry has become China's richest man of the year 2010.
real version
in the country, the gem was a cradle for billionaires. Statistics show that 158 gem company has been listed in the bulk manufacturing 504geyiwan rich, every average 3.19, multi-millionaire is countless.
money schemes 2
500 $ method: become shareholders of the company
real version
Andy studied journalism and advertising at the University, he had advanced a network company after graduation, spent three years later got his equity; later joined a financial Web site, a year later the websites listed, he also received a lot of the original shares. In this way, less than 10 years of his graduation alone incentive is easy to obtain millions of shares of stock assets, far more than his classmates from traditional industries such as those in the media.
money schemes 3
300 $ method: positive financial value added
of course, keeping up with the hot doesn't mean you can only choose entrepreneurship. Associated with hotspots, can bring value to enhance the industry, such as venture capital, equity trading, industry, or become available soon gained by company employees into management options, are likely to take on the force and to become rich. Such as Baidu, 2005 in the United States market, Baidu 300 employees became millionaires and odd Tiger 360 recent IPO, more is to make the odd Tiger one-third employees became millionaires.
with the Chinese Government began to implement moderately tight financial policy, our early retirement on optimism hand has a $ 3 million on it.
rich by the day, a little bit by the thrift. Einstein was highly praised, compound interest is the eighth wonder of the world. If you start from 20 years financial management, Fund for investment and $ 2000 per month, annual compound interest calculation, 10% growth at a time, less than 50 years old, principal and income will be able to close to $ 3 million. So, when we can guarantee the $ 2000 a month remaining, when retirement is not your Word?
reality version
if you think no so good of luck pick to ranking Qian 50 of Fund, so a item statistics also display, from 1999 to 2010 of 12 a annual in the, stock direction Fund has 9 years overall beat composite index, only 2000 years, and 2006, and 2009 years run lost market, seems will cast stock direction Fund may is financing pension of a good of way. Source: Oriental Morning Post
