Posts Tagged ‘economy’

When and why do countries change from Fixed Currency exchange rate to Freely trading one.?


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Please read my question in the following context.
USD to Indian Rs (INR) exchange rate is approx 1:44 however as per the PPP (Purchasing Power Parity) the real rate is 1:10. This is controleed by Indian govt. However they are working on a 5 year plan to make the Indian currency fully convertible. Does that mean the exchange rate would move towards the real raito ? It might be useful to keep in ming the high projected economy growth rate and the opening up of economy by Indian government. India is opening up its retail and other service industries, which the big investors are eagerly waiting for a long time. Retail alone is expected to be bigger than IT. NYSE has already bought 5% stake in Indian National Stock Exchange and 60 billion dollars is waiting to enter the Indian financial market (mutual funds).
Befor ending my this posting, I would really like to thank you for all your time and help to answer my question.

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  • Obama reverse his 'promise' to renegotiate NAFTA? Another 'hope you can believe in'? http://i3.democracynow.org/2009/8/11/obama_reverses_campaign_pledge_to_renegotiate President Obama has wrapped up a two-day visit to Mexico for talks with Mexican President Felipe Calderon and Canadian Prime Minister Stephen Harper. The three leaders met in Guadalajara to discuss issues including immigration reform, trade, Mexico’s drug war, the crisis in Honduras, and the swine flu outbreak. It......
  • Options trade in USA , help in basics? Let's say I bought , 1 call option(to stock) cost 3$ .(in strike price of 100.00$).[That's the prices I see in the net for options of real stocks] Does it mean I have the option to buy the asset 1 time for 100$ , or 100 times for 100$. Or......
  • question about buying stocks online? when you buy stocks online after the market closes are you buying at that days close or the next days open. because i noticed that a stock may close at lets say .36 but open the next day at .30, so after 4:00pm if i go online and buy at......
  • canadian grade 10 history help!? Chapters 3 & 4 1. What happened during the Russian revolution and why did this concern Canadians? 2. What was the Conscription Crisis and how did it affect French-English relations in Canada? 3. What was the Treaty of Versailles and what was the goal/outcome of the treaty? 4. Describe the......
  • Question about selling my stocks online? I will be getting some stocks from a trust that was created for me. When I get these stocks, I want to get as far away from the trustee as possible. I've thought seriously about just having the stocks transferred into my name (the trustee would charge 7 cents a......
  • Will President Obama's "Buy American" push mean the end of NAFTA? by Veronica Smith Veronica Smith – 1 hr 26 mins ago WASHINGTON (AFP) – A new "Buy American" push in President Barack Obama's economic stimulus plan is sparking protests about protectionism from US trading partners. Passage of the 819 billion dollar economic stimulus package Wednesday by the US House of......
  • Should foreign citizens pay tax for stock trading online? Hello, I am an international student in the US and I am going back to my country in a year. I want to buy and sell US stocks online (at Tradeking.com, Zecco, or scottrade) but I don't know if I have to pay taxes for my gains here. I mean,......
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  • Wednesday Lotto AU 750K Today's NSW Lotto is not a lot easier than Monday's. With most numbers looking to come from those within the last 10 draws, and at least 3 or 4 numbers from within 5 draws. Previous draw the Saliu ANY Filters were: 1+ 3+ 6+ 7+ 9+ 16+ All PLUS, strongly......
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  • Alternative Income Streams Progress - Early December This is the fourth installment tracking of my alternative income streams plan and progress. This month I'm showing very good progress in creating more money outside my job. I had at least 6 Prosper.com loans get verified in the last two weeks and this blog has been getting a little......
  • Widgi Creek Golf Club, Bend, OR Widgi Creek Golf Club is located in: Bend, OR Phone: (541) 382-4449 Website: http://www.widgi.com/golf/hours.cfm Course History: This is a great place to stop if you will be in the Bend, OR area. We fell in love with this course and can't wait to go back. It is extremely beautiful and......
  • One Hundred Pushup Challenge -- Knee Push ups, 1 Handed Knee Pushups, and Full Push ups Well if you haven't heard by now then you aren't paying attention to the Health and Fitness blogosphere... Everyone is doing the 100 push up challenge at 100 push ups.   It is a 6 week training program geared toward a final test where 100 consecutive pushups are completed.  (My first......
  • Please help me out here, problems with ex boyfriend? Ok, so my ex broke up with me 2 weeks ago. I said we could be friends but i started reading 'The Magic of Making Up' book and told him i needed a complete break from him. I wrote him the letter on 'Mind Magic', and it kind of back......

The GOP war on America and democracy seem to be going along pretty well don’t you think?


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They deregulate everything that worked just fine for 80 years, Bankrupt the country (three weeks ago the chimp was saying the economy was fine) use the bail out money (0B) to slam the stock market up and down limit every day this week to pick the pockets of the investors using preset entry points in the hopes the market will turn around and after all these preset computer trades run out of buying back in the GOP sells again, effectively "picking the pockets" of those who were hoping for a turnaround.

Life is good for Dick Cheney and George Bush. After they destroy America they think they will re-write all the new rules all in their favor so they can keep this up forever.

If they are successful there will be Civil War #2.

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  • Best place to buy stocks online? There are dozens of online trading sites nowadays and I am curious as to which one's are the best. I have a banking account at Wells Fargo in California and they some investment options, but I've never heard anything about their investment accounts. I have checked out the websites of......
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  • Any good stock market analyst software? Is there any stock market software that can pull up any info on a stock, all news on a stock, and historic prices? For example, if wanted to want what IBM sold for on December 2, 2009 at 10:00 A.M. and what the price was at the end of the......
  • Why do we choose to conform? Why do we choose to use a currency, go to school or work, drive inside the lines and the speed limit, keep our money at a bank, pay mortgage, listen to the government, speak a language, live inside countries, states and cities? What is the point of all of this?......
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  • i wrote a love poem PLZ tell me what u think ? You say u don’t but I they say you do I don’t know who to believe I don’t know what to do I want to love you But I want to hate you I want to think they are all wrong And that you are perfect Your strong hot nice......
  • Do people really need romance in their lives? It's a two sided argument on my part.? Maybe it's just my bitterness talking, but sometimes I wonder if a guy finding a woman is an answer to their problems. Is being with someone all that it's cracked up to be? I was in a two-week relationship. We broke up because I didn't put that much time and......
  • Wednesday Lotto AU 750K Today's draw has some potential, as mentioned in the Monday draw comments: Soon to come: A draw where ALL numbers will come from only the last 4-7 draws!! Also look for all small numbers (under 33) to come in one of the next few draws. There is a good possibility......
  • One Hundred Pushup Challenge -- Knee Push ups, 1 Handed Knee Pushups, and Full Push ups Well if you haven't heard by now then you aren't paying attention to the Health and Fitness blogosphere... Everyone is doing the 100 push up challenge at 100 push ups.   It is a 6 week training program geared toward a final test where 100 consecutive pushups are completed.  (My first......

Daily Video Update (3/12): Euro Breaks Resistance on Data, News About Fed’s Yellen


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Friday, March 12th, 2010 Recap: The Euro rallied above 1.3735 for the first time in four-weeks as the worries about Greece receded to end the week, the Euro-zone posted stronger than expected production data, and there was news that San Fransisco Fed President Yellen is set to become the next vice chairman of the Fed. The US meanwhile posted better than expected retail sales but a weaker reading on consumer confidence. The Canadian Dollar meanwhile rose following a strong employment report. News Provided by fxtimes/CMS Forex www.fxtimes.com http Analyst: Nick Nasad Open up a free practice account and start trading Forex today.

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  • Wednesday Lotto AU 750K Today's draw has some potential, as mentioned in the Monday draw comments: Soon to come: A draw where ALL numbers will come from only the last 4-7 draws!! Also look for all small numbers (under 33) to come in one of the next few draws. There is a good possibility......
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Where To Invest In 2010


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The stock market may be recovering, but the economy’s overall prognosis is not so good. There are several different types of investments, and there are many factors in determining where to invest 2010.

Of course, determining where you will invest 2010 begins with researching the various available types of investments, determining your risk tolerance, and determining your investment style – along with your financial goals.

If you were going to purchase a new car, you would do quite a bit of research before making a final decision and a purchase. You would never consider purchasing a car that you had not fully looked over and taken for a test drive. Investing works much the same way.

You will of course learn as much about the investment as possible, and you would want to see how past investors have done as well. It’s common sense!

best investment 2010, investments 2010Learning about the stock market and investments takes a lot of time… but it is time well spent. There are numerous books and websites on the topic, and you can even take college level courses on the topic – which is what stock brokers do. With access to the Internet, you can actually play the stock market – with fake money – to get a feel for how it works.

You can make pretend investments, and see how they do. Do a search with any search engine for ‘Stock Market Games’ or ‘Stock Market Simulations.’ This is a great way to start learning about investing in the stock market.

Other types of investments – outside of the stock market – do not have simulators. You must learn about those types of investments the hard way – by reading.

As a potential investor, you should read anything you can get your hands on about investing…but start with the beginning investment books and websites first. Otherwise, you will quickly find that you are lost.
Finally, speak with a financial planner.

Tell them your goals, and ask them for their suggestions – this is what they do! A good financial planner can easily help you determine where to invest your funds, and help you set up a plan to reach all of your financial goals. Many will even teach you about investing along the way – make sure you pay attention to what they are telling you!

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What are our elected officials doing about about regulating speculative oil futures trading on the stock mkt.?


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While they pontificate, and the economy teeters on the precipice of total collapse, due in large part to rising oil prices (0 a barrel), our congressmen were preparing to depart for their summer break. By the time they return in August, this nation may very well be beyond the point of recovery — businesses bankrupt, jobs lost, and the number of Americans in food lines increased by tenfold, as the price at the pump climbs steadily higher.

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Forex and Mutual funds.?


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I know how stock works, what about Forex and Mutual funds?

how do they work? i can get the idea that forex works based on commodity, economy..and tradings..

what about mutual fund, how do i know which one is good? their a big group of stock..do i just have to trust the manager?

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Where Can I Find A List Of Penny Stocks for Free or Something Similar?


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Made a couple of hundred dollars selling some old junk so I decided since the money isnt really needed why not invest in the economy and maybe get lucky. I was looking for some penny stocks, does anyone know where I can find a list or something that will help me find some penny stocks for free. When I Google it, it just comes up with a bunch of people that want me to give them their money and they will pick the stocks for me….NOT HAPPENING!

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How does FOREX positions trading work and what is the profitability?


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what exactly is a position? a lot?

what is the advantage in investing now that the economy is in shambles and the dollar has depreciated?

I don’t know a lick of this stuff so please be specific, thank you!

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Day Trading in Canada?


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What would happen if all I did all day was bet on the Direxion Triple funds like FAS and FAZ (financials triple long/short)? What happens if I make 1000% in a year because of how easy it is today. heck it was a no brainer today to buy FAS at 2-2:30pm EST today and that was around under 8.50 per share then. It closed today at 9.90 which was over 10% in over an hour time! Not only that, but I would put a stop loss at 9.10 area under the support of 9.16 and look for more gains tomorrow and not sell at the end of the day.

As a Canadian, am I aloud to keep buying and selling US Stocks?
If not, there are great double yield ETF day trading stocks here in Canada

If I have a Canadian Dollars account, is it aloud and do I pay for a US Exchange fee of some sort?
If I have a USD account, do I pay fees for deposits and withdrawals to the trading accounts?

Who do I trust with my money? ETFC (E-Trade) seems very hard to trust as their stock has gotten beaten down so badly as they were losing way before the economic collapse of October/Nov 2008. Should I trust them if the economy even crashes more?

TD Waterhouse? Are they good?

Right now I trade with Scotia, but I can only trade intermediate/longterm which I do not want to. I want to be able to buy at 2pm and sell at 3:55 type deal where I am not able to do that now.

Thank you all whom can help me out :)

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What online stock trading company should I use? I want to use 2000 to purchase a stock?


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Can anyone recommend me an online trading company such as ScottTrade, eTrade, AmeriTrade, etc. Which one offers low fees and can u tell me about your experiences? I want to purchase a thousand or two of a low priced stock, what are the boundaries if I wanted to take the money back out after a year of positive growth? Please help, economy sucks.

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