gdp's Comments

20s Money : Possible Future Gold Standard

Wed, 28 Sep 2011 23:16:18 +0000

Foreign nations might indeed ask a revaluation of currencies taking gold as a reference point. Having gold is a safety net for anybody and I am considering investing in gold. But I have no idea what's better, investing into ETFs or physical gold ETFs can be you traded like funds or stocks. Their pros would be a fast trading and low premium over the actual gold value. But you must pay attention at the quality of the management and the fees. For the physical gold: you pay a premium (usually $50-70 over spot with 1 ounce coins). But when you sell it, you also get the premium back (partly) Pros: You hold the physical and you know it's 100% there, in any type of meltdown. Government doesn't need to know you have them or you sold them (purchases under $10,000 or sales up to 25 ounces don't have to be reported) and you could consider capital gains tax. If you buy from BBB A rated dealers you can be sure it's genuine. Drawbacks: you need a safe place (safe at home or safe deposit $100-300/year), shipping cost when buying online ($30-50). If you believe there may be a serious market crash (exchanges may be down and ETFs not tradeable), this is the better option.

MoneySense : Escape the debt trap

Tue, 31 May 2011 13:43:46 +0000

Let´s hope that we won´t never come to the situation in which a debt collector sends a final notice of obligation¨: http://www.financialcrisisnet.org/forum/Credit/Wh... It basically means that it's your final chance to pay on your own. if you don´t manage to do that, if you had a federal loan, it could mean that they will start the process to start garnishing your wages. the IRS will contact your employer (who legally has to comply) and they can take up to 25% of your monthly earnings. The minimum we can do is contact the collection agency and set up a payment plan.

Global Dashboard : Africa's growth rates

Mon, 30 May 2011 20:53:55 +0000

Any suggestions on websites, brokers, profitable stocks, related to the Maroccan stock market . I am very interested in investing. I hear that it is the second largest market in Africa . I wonder what the first is, South America?

Global Dashboard : Reach for the Sky

Tue, 24 May 2011 20:33:30 +0000

She's a great woman, who sees herself as part aid worker, part political operator, part cultural translator. "I'm experienced in working in different cultures. The most alien culture I've ever worked in is the U.S. military," she said, with characteristic candour. "I was used to working in the humanitarian space, the diplomatic space. I came to Iraq and that space, the military, is all over it." One senior foreign diplomat said that the very presence of a civilian political adviser at the right hand of a senior American military commander was a sign of the extent to which military strategy now strives to take into account the political and cultural landscape of conflict.

Breitbart.tv : Jesse Ventura Defends Hugo Chavez and Attacks Connie Mack

Tue, 24 May 2011 20:18:37 +0000

From what I know, Ventura was never a member of the SEALs. His spokesman stated that Ventura has never tried to convince people otherwise . Ventura said: "Today we refer to all of us as SEALs; that's all it is."

WPRI.com | Eyewitness News : FBI re-examining notorious mob hit | Target 12 | WPRI.com

Sun, 22 May 2011 09:59:45 +0000

The new information is part of a criminal complaint against reputed mafia captain Anthony "The Saint" St. Laurent. St. Laurent is accused by the FBI of shaking down several Taunton bookmakers for protection money from 1988 to 2009. He has not been implicated in the Hanrahan murder, thought...

Pulse2 - Technology News And Reviews : Millenial Media Raises $16 Million In Series C

Sat, 21 May 2011 06:16:10 +0000

The total U.S. mobile-ad market generated $877 million in 2010, IDC estimates. Google, the market leader, solidified its standing last year, when it bought mobile advertising network AdMob for about $700 million. Apple, which ranks second, made its own inroads by purchasing the Quattro Wireless ad network for an undisclosed sum in 2010. Quite a sum of money, isn't it? These people advertising there try to do their best to lower sales' cost , using ads to replace sales' staff.

MoneySense : Couch Potato Portfolio: Meet the potato family

Fri, 20 May 2011 07:53:08 +0000

The Couch Potato strategy is a technique for building a diversified, low-maintenance portfolio designed to deliver the same returns as the overall stock and bond markets, minus very small fees. The strategy can reduce a typical investor’s costs by as much as 90%, while at the same time beating the vast majority of managed accounts The strategy — also called index investing, or passive investing — has been around for decades, though it has become far more popular in recent years, as new products and online discount brokerages have made it easier to implement. Anyone can now build and maintain their own investment portfolio using index mutual funds and exchange-traded funds (ETFs).

Pulse2 - Technology News And Reviews : Drew Carey Will Bid $1 Million For @Drew Twitter Username If He Hits 1 Million Followers

Thu, 19 May 2011 18:37:03 +0000

Raising $10,000 or more for a Twitter name is an ambitious undertaking, but we’ve already seen Olanoff make an incredible impact with his #BlameDrewsCancer efforts that one may think the auction could be a huge success.

20s Money : Why Is Deflation Bad? Let's Challenge The Commonly Held View Regarding Deflation/Inflation

Tue, 17 May 2011 07:01:29 +0000

I am a poor person on a fixed income, so deflation would help me. If I were rich and owned stocks, had lots of money earning interest or earned a large company then deflation would harm me. If I owned a business my wages would stay the same and what I could sell my widgets for would be less. Interest rates would go down, the stock market would go down... Deflation hurts only the rich. credit score

Big Journalism : As Climategate Becomes Pressgate, Questions for the Media

Mon, 16 May 2011 07:11:22 +0000

Governments globally are spending billions to mostly reconstruct business as usual. Wouldn't the money be better spent largely constructing a new sustainable economy and life-style? http://www.financialcrisisnet.org/forum/Business-... The world cannot continue as it is. We are simply delaying the inevitable. These people have a good idea about a "resource" based economy. Their ideas may seem outlandish, but at least they are trying.

Macleans.ca : The Macleans.ca Weekly News Quiz

Tue, 22 Mar 2011 09:03:44 +0000

Good idea to test the readers, it seems I missed too many of the headlines...I should definitely do my homework better next time.

Macleans.ca : Fresh fruit, veg and paranoia

Mon, 21 Mar 2011 10:29:40 +0000

Everybody is fighting legal battles today and less and less people want to honestly work to gain their living.

Pulse2 - Technology News And Reviews : HTC Hero Is The First Android Phone To Support Adobe Flash

Mon, 21 Mar 2011 10:13:30 +0000

Just upgraded my Hero firmware version to Android Eclair. Now can download many apps from android market.

PoliGazette : Moving

Fri, 18 Mar 2011 22:12:32 +0000

Americans aren not over-taxed—they are overspent—and as a consequence, theur taxes are too high. Taxes follow spending, but it would be better policy to focus on spending cuts. Tax cuts would follow.

Breitbart.tv : Miss Oklahoma USA Defends Arizona's Right to Pass Immigration Law

Wed, 16 Mar 2011 23:07:38 +0000

What they are doing in Arizona is what should be done in all states. It's FEDERAL LAW that a person not born in this country is REQUIRED to carry proper papers that state he/she is to be in this country. There is no racial profiling in this, they can't just stop a mex they have to have cause, such traffic violation which most will be busted for DUI. What they should do is seize the assetts these illegals have and send them back over the border naked like they came. If you're caught selling cocaine and have 2million in cash, boat, house they take it from you, you don't get to keep it. They complain about funding, well if you get $10,000 from 100 illegals imagine what you can get from 2million, 5million, 10million. There's your funding.

20s Money : The Ten Point Checklist For Buying Stocks

Wed, 16 Mar 2011 22:57:37 +0000

If we would think about ethical matters, then we wouldn't buy any kind of stock, because if you make money, one will definitely become poor:)

Macleans.ca : Jantzi-Macleans 50 Most Socially Responsible Corporations

Wed, 16 Mar 2011 22:51:43 +0000

Yeah, definitely this list must have come with some ranking criteria.

Global Dashboard : The World Bank\'s 2011 World Development Report

Tue, 15 Mar 2011 18:02:19 +0000

Interesting articles about what climate change and resource scarcity mean for the risk of violent conflict.

Global Dashboard : Rising Food Prices: Drivers and Implications for Development

Mon, 14 Mar 2011 23:28:43 +0000

Before reading the figures, I had no clue that the food's prices have risen with 83% in the last three years. I also didn't know that the demand of the supply of food is going to be increased with 50%. We should really invest in agriculture, but is this a priority for the European countries?