Archive for the ‘Economy/Finance’ Category

Earn money online from food reviews and ratings

Friday, July 3rd, 2009

This is an article I read about how to earn money by reviewing and rating foods. If you are a food lover, like to experiment in variety of foods, or have a collection of recipe, you can explore them more in a blog about food. You just need a blog to start. Then, you can make reviews, cooking instructions, and build a community. If you make a successful blog, people will come and back and see what you provide as useful information. Then you can earn from putting advertisements in your blog pages. Well, it’s not only that. The article has more tips and steps to help you gain more visitors and, thus, money. Go to the blog to read directly what the writer writes.

Save on gas

Friday, July 3rd, 2009

The world can feel that gas price has risen quite high. Households, industries, government, all feel the effect. It’s actually not only the price, but also the environment concern. Saving the usage of gas will be a good and wise choice. I read an article that shows you how and when you can save gas usage. It’s really practical, not far from what you do and meet in daily activities. Whether you are at home, at work, or on the road, these tips are usable not only to keep the environment, but also mostly visible at the amount of money you save. They are about being an efficient driver, getting the best price, picking the right car, etc. Read the details here.

Consider dairy farmers’ problems

Sunday, June 28th, 2009

David E. Gumpert writes a great article in Businessweek about why and how we should pay attention to problems faced by dairy farmer and make solution. Dairy farmers might have beautiful and peaceful lifestyle, except that they have no control for the price of their dairy products. The prices are set on a giant commodity market that is located so far away. They are no longer always reflects supply and demand. These farmers should take the price, even if it’s barely enough to cover their feed cost only. The writer shares his points about what is happening and gives some guides to follow from surviving farmers. The main strategy is to sell the products directly to end customers. Read more about the article here.

Check the price

Sunday, June 28th, 2009

This is an article about supermarket playing with prices to get consumers buy more of discounted or promoted products. They might actually just “engineer” some things to make us confused and regard the price as advantageous. It suggests that we should look at the price carefully, count the value of the product, and compare with the original price. There are examples and explanations of how supermarkets are doing this and how easily we get persuaded. There are patterns. Be aware of promotion that includes bulk products and product that sold with a “bonus” package. It is really important to count the price of everything you’ll accept. Also watch for expired dates and don’t be tempted. Read the article for details of what you might never realized. There are also some useful tips. Read here.

Underwear is economy indicator?

Sunday, June 28th, 2009

Did you ever hear Alan Greenspan’s analysis about observing underwear sales as a leading economic indicator? He is an economist, a former chief of the Federal Reserve. Daniel Ng reviews his statement in his blog, “The World I know”. His review is so candid and enjoyable. A bit funny and relaxing, I should say. Well, if Mr. Greenspan were still in charge now, he would perhaps announce a data release about underwear sales and talk about his idea. It’s funny as Daniel Ng reminds us that Alan Greenspan is the one who has contributed much to the financial meltdown and sub prime mortgage crisis that affect most countries worldwide. Mr. Ng also attaches the original report from MSN Money about Alan Greenspan’s statement. Read his writing here.

Give some profit to non-profit organizations

Saturday, June 27th, 2009

Non-profit organizations also need resources to run their mission and vision. None can be done without resources. In this article, John Tozzi reveals some strategies of turning a non-profit organization into a profitable one without losing their missions. He discusses Bikestation as a good example, a company that had to endure loss because of not having enough capital to serve customers. Bikestation was then turned into for-profit social venture by raising money from private investors. New corporate structures nowadays have however allowed the integrating of non-profit goals and for-profit businesses. Social value and shareholder value now have place to go in a line. This is good since we know many non-profit organizations face problem because of their structure and nature. Read this article for a deeper look.

Safety is important at bottom line

Saturday, June 27th, 2009

The strategic of bottom line is often ignored and considered as not important. Many attempts are done to cut costs at this line, particularly those spend to retain safety programs. The step is actually leading to some systematic costs in business, a huge mistake. Bottom line is exposed to accident and injuries. There are damages to property, lost productivity, loss of life and ramifications, moral degradation of employees, and emotional stress when accidents happen. The costs are actually go beyond the numbers saved. Employers should really think about this. Some losses are not easily calculated, but they are there. Safety is a vital aspect in work place and not to be ignored. Do consider that. This article also provides some ideas for putting safety a priority in your company. Read here.

The airline industry

Saturday, June 27th, 2009

The airline industry is a big one with extreme burdens. Michael Bell writes what he has studied from this industry in an article. As what he writes, the airline industry always has something: high fuel price, threat of terrorism, epidemics, cyclical passengers, accidents, labor issues, and government instruction. And it is now deregulated, everything is handed to the market forces. We can learn well about corporate governance from this complex and challenging industry. Since there is a deep cycle between every stakeholder, it’s really important to maintain good corporate governance so that everyone gets satisfied. Michael Bell really writes a complete and detail explanation of this topic and industry. If you are concerned about corporate governance or you want to learn about that, his article might make use for you. Read here.

Things to remember to keep your financial safe

Wednesday, June 24th, 2009

These are lessons I learn from Ric Edelman’s radio show. I have some of his books, he’s a great financial adviser. Here are the points of what he said in the show.

  1. Assume the worst when you invest.
  2. Main your investment diversification.
  3. Have cash reserves in a safe place and don’t chase yield for it’s not cash you can use in hard times.
  4. Be skeptical and critical about what you read because the media is not necessarily smarter than you.
  5. Don’t be panic. Remember that your nation is caring for its citizens.

Read his article.

Major market forces that shape the trend

Wednesday, June 24th, 2009

I’m looking for the Dow Theory when I came across this article in Investopedia. It’s authored by Cory Mitchell, an independent trader specializing in short- to medium-term technical strategies. He states that learning how these major factors shape trends over the long term can provide insight into why a trend is developing, why the trend is there, and how likely the future trend will be. It’s very interesting to find the big picture as he explains it very well.

Here are the four major factors:

  1. Government. Fiscal and monetary policy put deep influence on market and they are surely long term.
  2. International transaction. Flow of transaction between countries shows the flow of funds and goods/services, and thus the currency. This reflects economy’s health.
  3. Speculation and transaction. As integral parts of the financial system, these two create sentiment in the market.
  4. Supply and demand. Either in products, currencies, or other investments, they create dynamic in prices.

Read here.