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 [...]

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 [...]

 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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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?