The USA (and Australian) sharemarkets have taken a bit of a tumble over the last few weeks.
USA Bond status downgrade
Two weeks ago the bond status of the country was downgraded from AAA (the top rating) to AA+. Small difference, but what the credit agency is saying is that due to the USA huge debt (and [...]

www.nomoney.com.au
Just an update about the Foreign exchange stuff (see also my first article  www.nomoney.com.au/foreignexchange ). Seems like Foreign Exchange can work.
Maybe it is just beginners luck – but I made 125% on my money in 57 hours (2 and a bit days).
How I did it
So I bought $10,000 of a currency with 2% margin = $200.
(so for [...]

 www.nomoney.com.au
Well it was a big three days. Last week I went on a seminar to learn about how to trade foreign exchange, e-minis, futures and commodities.
And more importantly – how to analyse a few factors in the world and decide where things like currencies and commodities will go over the medium to long term.
The seminar [...]

Intro – how they paid less tax in the past
www.nomoney.com.au
One of the questions I get from people is – how can I pay less tax?
 Looking at all the taxes there are these days – it seems that whenever somebody found a loophole to pay less tax– the government introduced a new set of tax laws [...]

Scam Artists, Dodgy Seminars and My Past mistakes
So I have written a few articles about different types of seminars. I have written about seminars showing different ways to make money in property. Later – I plan to write about seminars about the sharemarket, internet and other businesses (see bottom).
Seminars – Henry Kaye
I went to see [...]

A former client of mine got a letter in the mail last week.
It looked very similar to other letters you might get directly from the company (for example if the company was involved in a merger or takeover).
Here is what it said:
HFSS offers to buy the 544 BHP shares you own for $8,611.52 on the [...]

A Capital Gain/(Loss) is an increase/(decrease) in the value of an asset from purchase to sale.
For example: If you bought shares for $1,000 and sold them for $2,000 then you would have a capital gain of $1,000.
Also, if you bought shares for $1,000 and sold them for $500 then you would have a capital loss [...]

Getting dividend income from shares is a way of getting income where you get a credit for tax paid by the company.

A share (or stock as they call them in the USA) is part ownership of a company. To truly understand what a share is (and how it works) – you need to understand what a company is and how they work.
I don’t own shares
You might say – this doesn’t apply to me as I don’t own [...]

But from a comment I got re: Hoyts Candy bar workers being retrenched last week – I also thought that I don’t want to have the closure of the Hoyts snack bar on my shoulders (the quality of the stuff the sell if usually pretty good).

Given that I don’t want people losing their jobs – should I recommend the Hoyts Candy Bar for another reason?