Understanding the Odds
They say the odds of winning the jackpot on a pokie machine (slot machine for US readers) is about one in ten million. So low are the odds that you are nearly seven times more likely to be hit by lightening, and yet roughly a third of adult Australians have played them over [...]
Not yet
hotel
http://bookit.com/us/newyork/newyork/hotels/bentley-hotel/?promoId=5476782&GCID=C30626X072-
Buying a magic box
Let’s say for the sake of example that you do acquire this mystical item for a tidy $1500, and duly receive a crisp $100 note after 12 months (an initial yield of 6.67% as expected). The second year brings even greater rewards:
Year
Cash Produced
1
$100
2
$112
3
$105
4
$120
5
$135
TOTAL
$579
Over five years the box has increased its output by [...]
The Singapore private property market has seen more signs of a slowdown in the second quarter.
According to property consultancy firm CB Richard Ellis (CBRE), about 4,000 new home units were sold in Q2, down from 4,380 units sold in Q1.
CBRE also estimated that about 3,400 to 3,600 resale home units were sold in the resale [...]
Harmony on the Euro
It always amazes me when people tell me that techniques are too simple to work. I’m not pointing the finger here, I have done exactly the same thing myself. For example, take Gann’s rule of markets moving in equal sections.
In his Ultimate Gann Course, David Bowden compares this to Elliott Wave breaking [...]
One of the easiest ways to bet on a dollar rally is by following the biggest trader’s lead and buying the dollar bull fund, UUP.
You can buy shares through a standard brokerage account and benefit from the dollar’s rise. How much money can you make with a conservative play like this? Well, that depends on [...]
Strong uptrend for Aussie dollar
Click to enlarge
A quick look at the weekly chart of the Aussie shows it is in a very strong uptrend at the moment. The market took five years to rally from 60c to 94c between 2003 and 2008. We’ve rallied that far in a year and a half.
That’s truly amazing stuff.
With [...]
Greece is set to face mounting pressure from markets looking for aggressive government action to curb the country’s overspending in the wake of a credit downgrade and violence in the streets.
The decision by the Fitch agency to downgrade Greece’s long-term debt ratings on Tuesday highlighted falling confidence in the country’s economic policy, raised the prospect [...]
singapore stock market news, singapore stockmarket singapore stock market news, singapore stock market
SINGAPORE (AFP) – – State-linked Singapore investment firm Temasek Holdings on Tuesday said it plans to raise 600 million Singapore dollars (433 million US) from new bond offerings.
The latest news follows an announcement in October that the firm would raise 1.5 billion US [...]
