Monday, 21 July 2014

Financial Markets: Capital Vs. Money Markets

By Kristina Zucchi, CFA

A financial market is a market that brings buyers and sellers together to trade in financial assets such as stocks, bonds, commodities, derivatives and currencies. The purpose of a financial market is to set prices for global trade, raise capital and transfer liquidity and risk. Although there are many components to a financial market, two of the most commonly used are money markets and capital markets. 
Money markets are used for a short-term basis, usually for assets up to one year. Conversely, capital markets are used for long-term assets, which are any asset with maturity greater than one year. Capital markets include the equity (stock) market and debt (bond) market. Together the money and capital markets comprise a large portion of the financial market and are often used together to manage liquidity and risks for companies, governments and individuals. 

Friday, 18 July 2014

How to Become Wealthy- Warren Buffet



Israeli tanks roll into Gaza; Hamas warns of 'heavy price'

By Ben Wedeman, Jethro Mullen and Kareem Khadder
Gaza City -- Deadly clashes broke out after Israeli tanks drove into Gaza and launched a ground operation that further escalates the conflict with Hamas.
The incursion Thursday night follows 10 days of Israeli bombardment of Gaza that has killed more than 250 people. Israel launched the ongoing aerial offensive last week, saying it aimed to halt the firing of Hamas rockets from Gaza into Israel.
Israeli Prime Minister Benjamin Netanyahu and Defense Minister Moshe Yaalon ordered the ground operation to destroy tunnels dug from Gaza into Israeli territory, according to a statement.
Thirteen Hamas militants used a tunnel earlier Thursday to launch an attempted attack in Sufa, near an Israeli kibbutz, but were stopped by Israeli soldiers, the Israel Defense Forces said.
The IDF said it had sent a "large" force into Gaza that includes infantry, tanks, artillery, combat engineers and intelligence units, with aerial and naval support.

3 Easy Skills to Master Your Mind

BY MATTHEW TOREN
Success in life is what you do with your ideas and vision. While action is important, the first step of success deals with training your mind.  
While your brain can be a powerful tool for any entrepreneur, it can cause someone to stray from his focus. So many times entrepreneurs find themselves off in the weeds thanks to some thinking that got them into trouble.
If you find yourself struggling with a calm mind under pressure, too much anxiety or plagued by worst-case scenario thoughts, here are three simple skills that with just a little bit of practice and a few minutes a day, will help every entrepreneur master the mind.
Get a meditation practice. Meditation is not just for monks, yogis or hippies.
Even if you never achieve nirvana, the practice of meditation itself will give you significant health benefits.

Is Your Brain Limiting Your Entrepreneurial Success?

By MEIKO PATTON

Are your entrepreneurial prospects inhibited by your own thinking? That may be the case if you don’t regularly give your brain exercise.
According to scientific research, some of the benefits of brain games and teasers include the following: boosting brain activity, providing emotional satisfaction and a sense of accomplishment, enhancing memory and processing speed, helping to slow decline and reduce the risk of dementia, improving, concentration and reducing boredom.
For example, what’s the first word that comes to mind when you read this brain teaser? Johnny’s mother had three children. The first child was named April. The second child was named May. What was the third child’s name?
Most people immediately think of “June” because they quickly spot a familiar pattern: the sequence "April, May and June." But if a person rereads the question and carefully analyzes the data, the answer Johnny becomes obvious.

Thursday, 17 July 2014

Your Guide to Wealth- Robert Kiyosaki


FUNDAMENTALS OF BUDGETING

By Oladipupo Clement

What exactly is Budgeting?
1. It is the process of creating an itemized summary of possible income and expenses for a given period. 

2. It is defining your financial limits per time and operating within it.

3. It is a money spending plan.

4. It is defining the direction of your money even before you earn it.

5. It is an income distribution mechanism designed to provide for your short to long term obligations.

6. It is a planning process for determining the in-coming and out-going direction of your earnings.

NOTE:
Be part of the solution in your little corner or sphere of influence!
Take the practical step toward making Nigeria a better and richer nation.
MAKE A DIFFERENCE!

[The GAMEPLAN is brought to you by LIFEPAGE Limited -www.lifepagegroup.com]

Monday, 14 July 2014

A new Israeli phase in Gaza

BY YOSSI MELMAN
So far Hamas has launched 650 rockets and mortar shells – an average daily rate of 110 - and according to IDF estimates, it has 5,000 rockets of all ranges (60% of its arsenal at the beginning of the war).
As the war on Gaza enters its sixth day it moves to its second phase. During the first five days of the campaign the nearly 1,200 air force strikes were mostly "surgical," directed at targets identified by precise intelligence with a great effort to avoid collateral damage, i.e. to innocent civilians.
But this tactic limited the military's ability to effectively eliminate the military infrastructure of Hamas and Islamic Jihad.
It also placed Israel in a difficult position vis-à-vis the well-known practice by Hamas and other Gaza terror groups of using civilians as human shields. Hamas also built underground bunkers, rockets depots and workshops under residential buildings and launched rockets from mosque yards and rooftops.

3 Problems That Became Opportunities to Change the World

BY MATTHEW TOREN

You may be tempted to think that when you reach a certain level, whether that’s in wealth, enlightenment or power, that your problems go away. If only you could get through this round of venture capital. If only you were wealthy enough to be the investor. If only you had the time to be healthy. If only you had the schedule to have a personal life. The list is infinite, but the problem is the same: you’re still seeing problems.
You probably already know on some level that problems are the constant roadblocks of life. You always have had problems and you always will. Even if and when you get to the next level of whatever you’re seeking.
So here’s the real key to happiness: Stop seeing problems as roadblocks and start seeing them as stepping stones. They’re the building blocks to a better life and a better you. They create better worlds. 
Not convinced?
Here are three examples of common problems that led to innovators creating a better world.

The business of the 21st century- Robert Kiyosaki


Friday, 11 July 2014

Keys to Success- Brian Tracy


The 3 Percent Solution for Personal Development

By  EDDY RICCI
Unless you are near retirement or a trust fund baby, the income potential of your career is your greatest asset. The house, cars and investment accounts are golden eggs that wouldn’t exist without the golden goose, your career. Unlike investing in other assets, there isn’t a well known “investing in yourself” rule of thumb to help you make professional development decisions.  
How much money should I reinvest in myself? Like any other investment, investing in YOU should take into consideration your time horizon, risk tolerance around the personal achievements important to you, how long you've been in your career, longer term goals and current liabilities.

US prepared to broker Gaza ceasefire, says Obama

A rocket from Gaza hit a petrol station in Ashdod on Friday, seriously injuring one person
The US is prepared to broker a ceasefire between Israel and Palestinian militants in Gaza, President Barack Obama has said.
His comments came in a phone call with Israeli PM Benjamin Netanyahu.
Mr Netanyahu earlier said Israel's operation was progressing as planned with "more stages expected". The air strikes on Gaza, and militant rocket fire into Israel, continued overnight.
More than 90 Gazans have died since Tuesday, Palestinian officials say.
About half of those killed are civilians, the health ministry has said, with some 600 people - mainly civilians - injured.
Israel says "dozens of terrorists" are among the dead
Israel says militants have fired close to 500 rockets from Gaza since it launched its Operation Protective Edge early on Tuesday. It says many of the rockets have been intercepted by its Iron Dome anti-missile system - and that it has attacked about 780 targets over the same period.
There have been no reports of fatalities in Israel.
One person was seriously injured when a rocket hit a petrol station in the southern town of Ashdod on Friday morning, reports say.

Thursday, 10 July 2014

Finding my Purpose- John C. Maxwell


Deaths rise in Israeli air strikes on Gaza

               The site of an Israeli strike in Gaza City

More than 20 people have been killed in the latest air raids on Gaza, Palestinian officials say, as Israel continues its current offensive.

The Palestinian health ministry said most died in attacks on a house and a cafe in Khan Younis in the south, bringing the overall death toll to 80.
Militants in Gaza continued firing rockets into Israel on Thursday, with sirens sounding over southern towns.
UN Secretary General Ban Ki-moon warned the situation was "on a knife-edge".

Before You Break Up With That Problem Customer, Go Down This List

By DOUG AND POLLY WHITE
Not every customer is ideal. Some are so bad, they can make us wonder why we decided to start our business.
Let’s face it -- sometimes there are good reasons to fire a customer. When a relationship becomes badly damaged, it can be the best for all concerned. However, deciding not to serve a customer is a very serious decision that should not be taken lightly. We suggest four steps to take before you make this move.
1. Try to fix the problem. Customers are the lifeblood of business. Without them, the doors close. Customers are difficult to attract and replacing those that leave is expensive.

Tuesday, 8 July 2014

3 Simple Things You Can Do Right Now to Build Better Habits

By James  Clear
Once you know the specific parts of the process that hold you back, you can begin to develop a solution to solve that problem.
Building good habits can be difficult.
That’s especially true if you want to stick with them for the long-term. Thankfully, there are a few simple strategies that you can use to build better habits and break bad ones.
I’m not going to pretend like these ideas are the only way to build better habits — there are plenty of others out there — but these simple steps can help you make progress with most of the goals you have for your health, your work, and your life.
And with that in mind, here are 3 things that you can do right now to build better habits.
1. Start with a habit that is so easy you can’t say no.

60 Minutes To Getting Rich- Robert Kiyosaki


Finding What Works For You

This is a book about self-discovery. It is about finding and defining your purpose in life- the reason for your existence. It is about discovering what makes you different from others and profiting therein. It shows you to leverage on your talents and uniqueness to pioneer an enterprise- that the difference between your talents and business is simply profit. It teaches you that everything God deposited inside you is for the benefit of mankind and ultimately for your profiting. #findingwhatworksforyou
I trust you are in a time of your life. This book will help you to discover God-given talents and position you for rich and rewarding flight in destiny.
for more enquiries: call-08063055952 or visit facebook.com/LifepageLimited orwww.lifepagegroup.com

RECORD/BOOK KEEPING IN BUSINESS (4)

By Oladipupo Clement 
6. RECORD/BOOK KEEPING IS OF NO USE IF IT IS NOT ACCOMPANIED WITH PERIODIC REVIEWS AND TURNAROUND DECISIONS.

7. HAVE PERIODIC MEETING FOR FINANCIAL EVALUATION WITH YOUR MANAGEMENT TEAM. 
I suggest you meet at least once a month. This way, you are able to redirect attention to where it is most needed.

Israel launches new air strikes on Gaza Strip

Israel has carried out more air strikes on the Gaza Strip, following dozens of rockets fired by the Palestinian Islamist movement Hamas.
At least 15 Palestinians, including two women and a child, were reportedly hurt in the strikes.
Hamas said it fired rockets to respond to "Zionist aggression", after accusing Israel of killing five of its fighters.
Israel denied the claim. It says it has now begun an open-ended aerial operation to end rocket fire from Gaza.
Israel says the operation will be expanded in the coming days and that 1,500 reservists have been called up.

Israel hits 34 targets in Gaza after rocket attack




Rockets fired from the enclave continue to rain down on southern Israel after massive air raid
After the discovery of the bodies of the three kidnapped Israeli teens Monday evening, tensions continued to soar between Israel and Hamas Tuesday as a barrage of rockets hit southern portions of the country.
"We're preparing a plan to advance an operation in the Strip. The objective is to avoid escalation and act responsibly" an unnamed Israeli army source told Israeli daily Ynet.
Over 20 rockets fired from Gaza hit in a 24-hour period, including four Tuesday morning. Two rockets exploded in a kibbutz, causing damage to vehicles and buildings.
Meanwhile, the Israeli Air Force (IAF) struck 34 targets in Khan Yunis and Rafah overnight in central and southern Gaza in response to the rain of rockets.
According to experts, the operation was the most comprehensive one carried out by the IAF since Operation Pillar of Defense, which was launched after over 100 rockets were fired into Israel in a 24-hour period in November of 2012.

Deadly Ebola virus ‘out of control’ as potential victims remain untreated

What is ebola virus?
IT’S a deadly virus spreading out of control and doctors fear it may travel further as hundreds of potential victims fail to come forward for help.
The current Ebola outbreak in Guinea has claimed nearly 500 lives as the UN struggles to contain it, and panic sets in across neighbouring Sierra Leone and Liberia.
The UN has warned the virus, which is spread by exposure to infected bodily fluids and other secretions, has the potential to cross borders unless urgent action is taken to halt the outbreak.
Doctors say a mistrust of Western medicine and difficulty in accessing remote areas means potential sufferers are going untreated.
Medecins Sans Frontieres (MSF) told the UK Telegraph that at least 1500 people who may have come into contact with infected patients have not be properly traced by authorities.

Tuesday, 1 July 2014

Top 25 Quotes To Discover The Leader In You

By David K. Williams

I was inspired by author Dave Kerpen’s recent article that shared his top 25 leadership quotes.  As he aptly noted, great quotes inspire us to change, to grow, and to become our best selves. In that same vein, I’m sharing my own favorite famous and not-so-famous quotes that have inspired me and my leadership team to view ourselves as a championship team.
I have divided and organized my own favorites to align with the 7 Non-Negotiables of Winning that have arisen out of the research and practical use of these themes as I was preparing my book.
Let me know which of these are your favorites, and share the quotes you’ve found to be most inspirational to you that you would add to this list.
Here goes:
Listening
1) “When people talk, listen completely. Most people never listen.” —Ernest Hemingway
2) “The most basic of all human needs is the need to understand and be understood. The best way to understand people is to listen to them.” —Ralph Nichols

Nigeria: NEITI Audits - Over N65 Billion Recovered From Companies

Abuja — The Nigeria Extractive Industries Transparency Initiative (NEITI) says about N65 billion have been recovered from oil companies due to its audit reports findings.
NEITI board chairman, Ledum Mitee who made the disclosure while presenting the 2007-2011 Fiscal Allocation and Disbursement audit in Abuja, also noted that it is not through that NEITI has spent about N1 billion in conducting its audits.
Mitee explained that despite claims that the audits have not benefited the country; a lot of improvements have been seen in the operations of the oil and gas industry operators.