Taking Out a Loan: The Best Approach

March 16, 2010 by  
Filed under Futures and Commodities

Loans can be very useful from time to time, especially when you know how to choose the right one as well as how to use them correctly.

That is why comparing loans is always the best approach whenever you are planning on getting a loan.

It is the only way you can be sure that you are taking out the most beneficial loan deal available on the market, plus you wouldn’t have to worry about dealing with shady lenders at all.

The first step to comparing loans properly is to find as much information as possible on available deals. The good news is, you can now find all the information you need online.

With sites such as the one you are reading right now offering top resources on how you can take out the best loan possible, you should have no trouble at all finding and engaging the best loan to help you with your situation.

There are also different types of loans available, so be sure to assess your own financial situation and pick the best one accordingly.

Certain loans can be used in certain situations perfectly while they may not be suitable in others. Take your time, and you will have the best loan in no time.

When Will the Iraqi Dinar Finally Revalue?

December 20, 2009 by  
Filed under Futures and Commodities

Anyone trading currencies or involved in the Forex market by now has heard of the Iraqi Dinar. Many of you probably are already sitting on a nice little stack hoping this will eventually revalue and become millionaires. The new Iraqi Dinar was first introduced back in 2003 as the new currency was put in place after Saddam Hussein was overthrown.

The old currency with Saddam’s portrait was demonetized and the new introduced. Since then many speculators swooped in buying up billions of these new bills and began selling them to whoever believed in Iraq’s future. However many people scoffed at the idea simply due to the fact there was a war going on and the future for the people let alone the economy looked very bleak.

However many Dinar investors held on to their notes believing they will become millionaires overnight logging on to chat rooms and listening to all rumors.

For the past 6 years there’s been nothing but rumors and more rumors. There are so many people on these chat rooms claiming to have ‘contacts’ inside the banks and they know when the Dinar will revalue. It’s been like this for several years now with dates popping up all saying, “This is the day – confirmed”.

The truth is that no one knows when the Iraqi Dinar will revalue. I repeat no one knows the exact date. There are so many factors that can delay the RV there is no set date anyone can rely on.

It’s very discouraging for some people have to read these chat rooms posting with a date only to get disappointed. My suggestion: Stop visiting these ‘dinar rumor’ chat rooms! Most of them are worthless and many have ulterior motives. They are Dinar pumpers and try to get you to buy from their source.

For those of you that have invested stay patient and don’t get pumped up from an RV date. Just pay attention to what is going on and (hopefully) the day it does RV – run to the bank!

If you have been trading Forex for a while or thinking of trading Forex these trading systems will come a long way to help master Forex like a Pro!

How Can I Get May Hands on Iraqi Dinar?

December 20, 2009 by  
Filed under Futures and Commodities

The hottest investment sweeping the net today is the buying of Iraqi dinar. Buying the actual paper currency from the country of Iraq in the hopes the country will stabilize and the currency will revalue.

As of today’s date $1 USD is = 1153.55 dinars. Here is the basic idea you purchase 346,065 dinars for a mere $284 USD (typical price from a dinar dealer). Suppose $1 USD will = 1.49 Dinar – now you have made yourself a ton of money with a very small investment.

Because of the potential there are many dinar traders on the net all claiming this “investment” is a sure bet. Currently you purchase 1,000,000 Iraqi (IQD) dinars for $1,060 from anyone of these sites. However there are some dangers of buying them so let’s review the risks:

1) Buying the old dinars with Saddam Hussein’s portrait. Sorry but he was hanged for crimes against humanity. Those notes are worth nothing.

2) Buying counterfeit IQD notes. Although the new notes have several security features there was a case in Eastern Europe of a gang trying to sell counterfeit Iraqi money. The likelihood of buying counterfeit dinars is actually very low since there are least five security features.

3) Falling for the bogus selling points. There are several selling points these traders love to tout. The #1 selling point the Iraqi dinar was at 3.22 in the 1980’s therefore the RV will match the old value. Wrong! Saddam himself arbitrarily pegged the value at $3.22. That is basically any ruler of a nation all of the sudden declaring his currency is worth $20 to 1 USD. It’s also important to note that inflation at the time was above 25% so really that 3.22 value was much less.

4) Buying on eBay. I don’t need to say too much here but buying currency on eBay is risky. If you want dinars buy them from a respected dinar trader.

These are just some of the risks involved in buying dinars from any trader. Reading the websites of these dinar traders they make sound it’s a sure bet that the dinar will revalue “very soon” and you’ll become rich in no time. Buying dinars is a purely speculative investment and you must keep in mind what the facts are.

Understand when buying Dinars you are basically buying a lottery ticket. There is never a guarantee that it will revalue to your favor.

With that said I recommend the following sources for buying dinars:

1) Safe Dinar

2) Dinar Trade

These can be easily found on the net and are very professional. They send the dinars via FedEx COD. So you pay when you receive them. I myself have purchased my dinars in the fashion with no problems. I also recommend buying the dinar notes that have not been circulated already. They will arrive to you next day air in a sealed plastic envelope.

Before you rush out to buy Iraqi money with the hopes of getting rich make sure you understand the risks involved.

If you have been trading Forex for a while or thinking of trading Forex these trading systems will come a long way to help master Forex like a Pro!

Iraqi Dinar Investments May Be Your Best Retirement Option With Impending Revalue of Iraq Free Dinar

December 20, 2009 by  
Filed under Futures and Commodities

The Iraqi government has come a long way since the overthrow of Saddam back in 2003. Sadly, there si a long way to go before Iraq and the infrastructure is back to what it was before U.S. invasion. I have been following progress since 2003 and have been an investor in Iraq ever since. Given the current economic collapse worldwide, what has gotten the attention of the investment world is the stability of the Iraqi Dinar over the past six years.

As one of the main goals announced early on, Iraq has accomplished the stability of currency concerns, as well as they have managed to control inflation which was also a goal set by Iraqi leaders. We only hear about the negatives in Iraq, terrorist attacks, sectarian killing, no electricity or adequate fuel for vehicles or generators to power homes and businesses. It appears only the negative news was reported by the major media outlets given the liberal slant well known by everyone given the press loved attacking the Bush administration.

Politics as usual, both here in the U.S. as well as in Iraq. Politics is the same throughout the world, and given the U.S. is forcing democracy upon Iraq, it only reasons that the same dirty politics and party divisions would be adopted as well by the Iraqi Parliament. All the delays we have witnessed are all caused by the sectarian divide between Shiite’s, Sunni’s and Kurd’s which represent the main powers in Iraq. Given the hatred between the sectarian parties, similar to the hatred between the democrats and republicans, no wonder no one can agree on important issues in Iraq.

What we see now after six years is progress towards partial agreement between parties, not nearly what would be hoped given the wealth of Iraq, and the need to help its citizens which are mostly poor people who are desperate for change. If this sectarian divide did not exist, Iraq would be well on its way to being the wealthiest middle east country by now. Sadly, these parties have wasted years fighting over who gets what with regards to oil proceeds. Even after parties agreed to share equally, it was not enough for some.

With elections scheduled for January 2010, there was even a delay on the election law which was held up for months leading up to the second most important election in Iraq. Will it go off as planned, it finally looks like it is passed, and this is one of the last issues that needed to be resolved before any hope of a revaluation or restoration of the dinars value.

For those who have already invested in the Iraqi Dinar from the start, they have already seen over 50% return on investment, but if you are like most who follow this closely, 50% is a pittance to what the potential will be if you can just remain patient. With stock market collapse, markets rising and falling daily, housing collapse, banking collapse, we have seen it all over the past year, so considering the small amount needed for a potential retirement windfall, everyone should be researching the Iraqi Dinar for their retirement plan.

As we approach the end of the year with election law now passed, much of Iraq’s former debt forgiven, oil law passed and major companies lining up for oil contracts, I know from my contacts that Iraq has the largest oil reserves in the world. They have not been confirmed yet, but when they are, which will be early next year given the recent progress, there is no way the Iraqi Dinar will remain at these artificially low rates. With much of the infrastructure in oil and electricity still far from complete, Iraq will need to purchase billions from outside of Iraq, and it will not happen with an artificially depressed current value of the dinar. It must be revalued before these major expenditures begin, so I predict it will happen early next year, perhaps even before the elections given politics as usual of paying for votes. Maliki in not assured the election given so little has been done for the poor voters, so just like in U.S. politics, you can buy an election, so Maliki just may push an interim revaluation awaiting full revaluation when GCC is enacted in middle east with new universal currency. Either way, all it takes is patience.

With current Iraqi Dinar being stable at 1170 for over a year while all other currencies have been fluctuating up and down, mostly down, as with the U.S. dollar now at lowest exchange rates in decades, you cannot ignore the fact the Iraqi Dinar has been rock solid throughout the economic meltdown of banking in U.S. With major press on MSNBC and Erin Burnett and Jim Cramer talking about it for the first time, the secret is out, there are few other investments which could come close the the ultimate potential of the Iraqi Dinar. Of course, never invest what you cannot afford to lose, but if you do decide not to invest in the Iraqi Dinar, just never look back or you may regret it for the rest of your life.

3 Ways to Find Investment Nuggets

December 2, 2009 by  
Filed under Futures and Commodities

Searching for great investment opportunities is a lot like prospecting for gold. Not only do you need to know what area will yield the best possible results, but you need to know what has the most potential to give you the abundance of returns you need. Whether you are just starting out with investing or you have been at it for quite some time, prospecting for investment opportunities is something everyone struggles with. Here are three areas you can visit in your prospecting efforts to find ideas where you should invest.

1. Media. Yes, that dreaded “M” word can provide a wealth of information about new and emerging technologies, businesses, and market segments. Magazines like Wired, Entrepreneur and Business Weekly all talk about companies and ideas with great potential. Newspapers like the Wall Street Journal give an indication as to which businesses are performing better than others. Television programs like CNBC, Bloomberg, and others can also provide little clues that, when looked at collectively, can point you in the right direction.

2. Technical Analysis. Most trading platforms allow you to search for relevant technical events. By filtering stocks by the most relevant to your investment criteria (e.g. Head and Shoulders for long-term, Relative Strength Indicators for short term) you can find a safe starting point when it comes to filtering down your search of all potential securities. Of course, all of these securities will need to be investigated further to determine whether they are worthwhile of your hard-earned dollars.

3. Regular Observation. If you are in a larger city or metropolitan area, you can observe some of the growth and expansion that local companies are experiencing. If you see large buildings or plants being erected, there is a good sign that this business need to adapt for growth… adaption makes sense only if there is guaranteed income. As well, if your neighbor or friends work for publicly traded companies, you can determine from their conversations about work whether or not their company is experiencing hardship (they won’t be happy in most cases because their livelihood will be at risk) or growth (almost always happy because along with the extra work and being short-staffed, they are usually compensated for their efforts).

Finding great investment opportunities can be as simple as regular observation or it can be as complicated as filtering securities through an elaborate technical analysis tool. Either way, finding these nuggets is just the start. The next step involves initiating a more detailed investigation and performing a cost-analysis review to see whether the investment is worth making in the first place.

Global Reasons Why the Gold Trend is Your Friend

December 2, 2009 by  
Filed under Futures and Commodities

At last the world monetary forces are beginning to accept the inevitable. Gold will continue to rise.

1. China is buying. And that is not only government and Central Bank purchases. The Chinese are being told to invest in gold and silver as a means of securing their future.
2. India has purchased 200 tonnes of gold from the IMF and is rumoured to be purchasing another 200.
3. Russia has indicated it will substantially increase its gold reserves. It has purchased 15 tonnes already this year and we understand, want to add another 30 tonnes by the year end.
4. Smaller nations – Sri Lanka, Singapore, Malaysia – are taking the lead of their large neighbours

These new economies account for most of the increase in foreign currency reserves in the last 5 years. Their reserves are predominately in US Dollars, not the world’s favorite currency right now. The emerging economies need to protect their new-found wealth, and holding onto US Dollars does not seem the most secure method of protecting their future.

China and India are increasingly uncomfortable with this position, are not happy with the western fiat currencies, which are not underpinned by any guarantees, and wish to replace them with something more solid and more durable – gold and commodities. China has been using its reserves to buy mines in Africa, South America and Eastern Europe for some years now but now they are really on a gold buying spree. But to buy all the gold needed to increase their share of reserves to anywhere close to the western levels, there may not be enough gold being mined. Can you imagine what will happen to the price of gold when the collective force of gold buyers realizes there just isn’t enough out there to satisfy the demand? Now thats what leads to manic buying.

And are the developed economies still buying? Yes. The Central Banks are net purchasers of gold, new gold bullion hedge funds are opening, the general public who may never have owned an ounce of gold, apart from their wedding ring, are now inspecting gold depositories to store their newly acquired gold eagles, gold bars, and silver bullion. These investors understand what the actions of China and India have been telling us for years – the US Dollar is under threat and the only way to preserve value is to have your own little gold hoard.

If you are already a gold investor now is not the time to take profits. Hang on there even though the volatility can be really unnerving. Last week gold dropped $50 in one day and came back up again. Even nimble-fingered traders would have difficulty keeping up with it.

And if you are still undecided on what form of gold to invest in, we should warn you that again the rumor is surfacing that gold and silver are in short supply. Owners of forward contracts are increasingly wanting delivery in bullion rather than rolling over contracts. We understand deliveries are slow, or even that the buyer is being offered a premium to accept cash rather than bullion. This brings us back to the safety of ETFs backed by precious metals. If a shortage of the metal becomes apparent, the ETF concerned could be discounted against the metal. Beware.

Invest Your Iraqi Dinar For Lifelong Income

December 2, 2009 by  
Filed under Futures and Commodities

If you have invested in the currency of Iraq, have you made any decisions of how you will handle the money once the RV comes?

It is interesting how many lottery winners quickly burn through their money! The old adage is surely true, “if they took away everyone’s money, the same people would end up with it again”. That is because people who have had money, or were born into families that had a lot of money (old money), have been taught how to invest and make their money work for them.

If you are like most Americans, you have barely been instructed on how to balance your check book. In fact, recently I had a young girl tell me that most people don’t do that any more. They just look at their balance online an keep a ball park figure in their head. That method will work if you just want to run through your money like a professional athlete (new money), or someone who just found out that their rich uncle left them a fortune.

Richard Kiyosaki is on a crusade to help folks become wiser about money. That has been my quest as well. If you want to find out more I would suggest you get a copy of his new book, “Conspiracy of the Rich”. In it Kiyosaki uncovers the plan by the monarchs and wealthy families of the world to keep regular folks in the dark when it comes to money.

The cold hard facts are that you are going to HAVE to learn how to invest your own funds if you want to get your money working for you. There are many ways to do that online. We actually have at our fingertips more information that ever before. Yet, most people find money a dry and boring subject. If that is you, get Kiyosaki’s book ASAP! It may give you the fire you need to get motivated to do something about your finances, and keep the Conspiracy out of your pocket.

Four Reasons Why Silver Shines in Good and Bad Economic Times

December 2, 2009 by  
Filed under Futures and Commodities

One of the few investments that performs well in good and bad economies, silver is a rarity in today’s investing world. Here are the four top reasons silver has consistent performance.

Silver is a Base Metal

Silver is a base metal, meaning it is a primary component in the production of many different products. From the wiring in your computer to its use in developing film and photographs, silver is used up each and every day, limiting the supply and helping to bolster the price per ounce.

In good economic times, manufacturing picks up, helping to increase demand. In recessions, silver still remains strong, helped by a consistent underlying demand from manufacturers.

Inflation is Always Present

Since the invention of the central bank, every single currency around the world has been inflated and lost value. While banks and treasuries around the world can fire up the printing presses, there is still no way to magically increase the amount of silver in supply.

Although short term deflation occurs during deep economic slumps, short term deflation occurs, the solution for fixing the crisis has always been one of two things: more debt or expansion of the monetary base. Both debt and an increase in the price of money create inflationary environments, which change the ratio of currency to the amount of silver. This only increases the price of one ounce of silver, as well as the wealth of precious metal investors.

Velocity of Money

The velocity of money, or the rate at which money moves through the economy, is one of the largest factors in the pricing of everything from commodities to goods at the grocery store. When money is moving quickly through the economy, prices tend to become inflated, as market actors feel they have more money and greater access to money than they did previously.

The velocity of money is most important when coming out of a recession or depression. As mentioned above, the most common fix to a financial crisis, in the eyes of the central bank, is to expand the monetary base. In doing this, the quick infusion of cash creates economic activity, which in turn, gets the wheels of the economy turning again. This is when precious metals are best poised for a strong rally, as the change in the supply and speed of money pushes the prices for everything much higher.

Silver’s Intrinsic Value

Even in the most deflationary of climates, precious metals tend to hold their value quite well. Because metals are seen as a store of value, investors flock to metals in the worst of economic times, hoping to protect themselves from total loss in case of a catastrophic event. While stocks dipped by nearly 50% in one year during the 2008 crisis, precious metals dipped less than 20% for one month – only to rebound in price as stocks were still falling.

Having been used as currency for thousands of years, precious metals are still a store of wealth, as well as a medium of exchange. This can only help investors in both the worst and best of economic times.

10 Things to Consider When Looking at Investments

December 2, 2009 by  
Filed under Futures and Commodities

After such a tumultuous year for investors it can be helpful to come back to some basic principles.

Here are five do’s along with five don’ts that we believe are good advice at any time, but especially in the aftermath of the global financial crisis.

Let’s start with the Do’s.

1. Be cautious. Having a conservative bias makes mathematical sense. If you lose 50 percent of your capital you need to earn 100% to get back to square one. This most basic mathematical fact is justification enough for a cautious bias when investing. It is better to miss out on some upside in order to protect your capital against downside.

2. Have realistic return expectations. Over the long haul fixed income investments like deposits and bonds will return between 4% and 7%, while property and shares have averaged returns of 7% to 10% a year.

A balanced portfolio, depending on the mix of assets, might therefore be expected to deliver a return of 6% to 8% a year. After tax and inflation are deducted this return may translate into a real net return of 2% to 3% a year. Not only do returns tend to be lower than people expect, they also often end up being more volatile. Expect returns to be up and down, sometimes dramatically so. Market volatility is an unavoidable part of investing.

3. Diversify. The best way to avoid financial disaster is diversification. A wide spread of high quality investments across sectors, markets and assets is the most effective way of reducing risk. Diversify across time as well. Investing in instalments is a great way of protecting against mis-timing and buying just before a market fall.

4. Invest for income. Owning investments that pay you to own them makes sense. Bond, property and shares all produce income. Capital growth is important, but it usually follows income growth. Buy for income and growth should follow.

5. Take a disciplined approach. Setting some rules around how you will invest your portfolio, such as how much you will invest in riskier options like shares and property and how many you will look to own, is worth the effort. It gives you a roadmap on how to invest your portfolio.

And five don’ts.

1. Don’t ignore inflation. Even if inflation stays at around 2%, it still takes 10% off the spending power of your capital every 5 years. Inflation is every investor’s enemy number one. Over the long term real assets such as property and shares have proven the best protection against inflation.

2. Don’t rely on market forecasts. Humans cannot predict markets with any consistent degree of accuracy. Don’t put too much faith in them. We should spend more time ensuring our portfolios are well diversified than on trying to predict market movements.

3. Don’t buy and hold. Invest for the long term and with the intention of holding your investments for many years but, if things change, be prepared to review and alter your portfolio accordingly.

4. Don’t fall for options that appear too good to be true. At present, the return on a New Zealand government bond, the safest investment of them all, is around 5%. If you want no risk, this is the return you have to accept. Achieving any return above this level will involve taking a degree of risk. And the higher the return you aim for, the more risk you have to take. No exceptions.

5. Don’t invest in anything you don’t understand. If you find yourself struggling to understand an investment it can pay to give it a wide berth. Or at least, invest only a small amount until you learn more and get more comfortable with it.

Green Investments – What Are the Different Green Investment Opportunities Available?

December 2, 2009 by  
Filed under Futures and Commodities

The green investment industry has been one of the fastest growing industries in last few years. Green Investments use traditional investment vehicles like stock, equities, funds or mutual funds, but the underlying business will generally be involved in projects to improve the environment. Often these projects support development of renewable energies.

Key facts about renewable energy:

• Global revenues for renewable energy grew from $75.8 billion in 2007 to $115.9 billion in 2008• New global investments in energy technologies expanded from $148.4 billion in 2007 to $155.4 billion in 2008

Investors interested in green investment can choose from variety of investment areas:

1. Geothermal – works on the system of getting heat from the earth’s core and use it as a energy source. The main positives are: low carbon emissions, because most activity takes place underground, and as there are minimum requirements on the land, the cost to generate electricity is very low. The most popular areas are Iceland, Hawaii and New Zealand. In the Philippines,geothermal power provides 18% of their energy, thanks to the volcano.

2. Green Buildings – buildings which are constructed to save as much energy as possible and to produce energy on their own.

3. Wind Power – one of the most common ways of investing into green energy. Wind energy is currently the fastest growing of all the renewables. Wind energy projects increase every year by 25% globally. The main pushing factors for this increase are climate change targets set up globally between governments. The Global Wind Energy Council predicts that the global wind market will grow by over 155% of its currents size to achieve 240GW of installed capacity by 2012. The most efficient way how to absorb the wind power and to generate as much energy as it is possible is through wind farm. A Wind farm is a group of wind turbines in the same location which produce electricity. The main types of farms are: off shore and on shore farms. Key facts about wind energy:

• At the end of 2008 the world wind farm capacity was around 120,791 MW – increase of 28.8 % compare to previous year• In 2008 the wind power produced 1.3% of global electricity consumption• The main European producers are: Spain, Denmark, Portugal and UK

4. Solar energy – Has a great potential to be one of the top green investment vehicles. Every day our earth hits enough solar energy to supply our demand for electricity for 27 years. The more sophisticated problem is to convert this energy into electricity at still efficient cost. There are two main solar technologies groups:

a. Solar Photovoltaic (PV) – this industry is currently worth around $50 billion annually b. Solar Thermal Power

5. Waste Management – is monitoring of waste materials which involves collecting, transport and processing of waste.

• The average person in European Union disposes of 1200 lbs of trash per year• The average person in USA disposes of 1700 lbs of trash per year• Total number of trash per year for EU is: 1.3 billion ton• Total number of trash per year for USA is: 260 million tons

In the article above I have tried to cover most common and important areas in which investors interested in green investment can invest. The other areas, also important are Hydrogen and Fuels Cells, Power storage, Renewable Developers, Smart Grids or Wave and Tidal. Let’s hope that in the future more and more companies as well as single investors will be interested in Green Investments.

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