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Archives for: April 2008

The Age of Thrift

by Fagin @ 28/04/2008 - 23:05:08
thrift

The global markets, have made it clear........................Times are hard!

How do you survive the Jekyll and Hide?, lets walk through some tips on the thrift game.

From my earlier post Money Sale, we looked at becoming entrepreneurial.

1. eBay, create an on-line jumble sale, you must have some extravagant relics from the boom era, that can be off-loaded in the bust era. DVDs, designer clothes, PDA's etc...

2. Police auctions; unfortunately there are members of the bust system that have had goods repossessed, although this is sad and you may be one of them, there is no wrong in purchasing these goods for re-sale, especially if your trading supports both you, your family and the VAT man.

3. Domain name aftermarket, if you fancy yourself as a domain name creator then there are funds to be made in creating domains, and off-loading unique domain names.

4. If you've traded successfully, in the above 3 points then you might want to look at starting your own company with a web presence, company's house can get you a limited company within 2-3 days no problem, although you will need a killer idea to make a success of your new venture...

Remember: it's all good having a great idea, the real innovation lies in implementing that idea!

Thrift choice

Lakeland


 
 

Elver and the Food Crisis...

by Fagin @ 22/04/2008 - 01:12:01

elver eel

As of the 24th of August 2007, the report came in; "wheat prices, are going through the roof". This report came, not long after the first casualty of the sub-prime crises, in Bear Sterns.

The main cause of the wheat price rise are attributed to severe weather conditions, notably drought in Australia.

With Australia the 3rd largest producer of wheat and the main supplier to South America, and Asian country's; the food price inflation problem, looks set for deadlock.

India has also halted the export of rice as demand and supply forces have impacted on the country, as a result the price of rice on the international market has risen dramatically, affecting the international community, as India and China are the top 2 producers of rice in the world and consume vast quantity's of the stuff domestically; while leaving little left to be traded globally.

I spoke to my mate at the local Chinese take away the other day, and although he was in a sombre mood, he stated that he would suffer the blow from the hike in food prices, while keeping his take away prices the same for now, although the conversation did mention Genetically modified food as a possible alternative.

Japan. is at the mercy of the main exporters of rice and wheat, with China considerably the main trade player in the region.

G8 summit to discuss global food price rises

Our Friend Elver

An Elver is an eel, fishing for eels is best done at night with either a gaff or a strong line with a small and square bloody piece of red meat.

Elvers were once eaten by fishermen as a cheap dish, but environmental changes have led to increased rarity of the fish. They are now considered a delicacy and are priced at up to £700 per kg.

Collectors Focus

Canning & Sheridan

Money Sale!

by Fagin @ 21/04/2008 - 13:37:20

Money Sale!

With financial markets across the globe in turmoil, where is the place that say's "BIG PILE OF MONEY HERE, COME AND GET IT" well we'll, get to that shortly,

What we have right now is a Mexican stand-off, cunning investors are stalking there time waiting for the right buying opportunity, to pounce on anything that shows sign's of financial lameness.

How long can the US and UK governments throw taxpayers money at the credit crunch, it's time someone told them, "YOU ARE CREATING AN ANOMALY,IN THE SYSTEM".

History is a window into the future, history dictates life and death, markets are living breathing things, only the death of the current financial market will allow for re-birth to follow.
 
BIG PILE OF MONEY HERE, COME AND GET IT

For blue chips:

The best buying opportunity's are the disease riddled hedge funds who have failed to report on there losses, through fear of mass redemption's or because they don't actually have too report there losses. These cash cow's are bursting with money, and better still if the fund manager can offload the diseased riddled fund before investors realise the loss, the fund manager can escape with a tidy lump-sum, and his reputation in-tack.

For small/mid business:

Expanding your property portfolio has to be the best way to go, especially in the UK, as the UK has been due a correction in the housing market for some time now, coupled with the credit tightening effects on this sector, With a sharp incline in house prices since the 1980's, The price drop potential will be devastating, the only question; is when to buy, whether on the downturn or the bottom. This is real bear and Salmon stuff!

For Individuals:
There is no better time to become entrepreneurial.

Collectors Focus

www.azzafahmy.com

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