CST special fundamental analysis investing workshop

There is a special workshop ,which C-S Trader Tutorial will commence on the:

Fundamental Analysis Investing Workshop

Enhance Investor’s wisdom

Time & Day:
6.45pm – 10.45am, 8 August 2009( official starting time)

6.00pm -6.30pm Attendee can call me ,and we will go nearby a place to eat first before proceed there.

Learn everything you need to know becoming a successful investors.
This workshop provide you with in depth fundamental analysis,and simple technical analysis.
The Workshop
Learn 4 critical skills on how to start investing in stocks in a intensive 4-hour Workshop:
1. In depth Fundamental Analysis
2. A investment portfolio for yourself
3. How to enhance your results with my simple self created strategies
4.Basic Technical Analysis

Door Price :$65
Early Bird Price(before 08/08/2009,9am): $45
Bring a friend for only just $30
Every Person that confirm the seats will entitled with two $20 June Skin Care Vouchers(while stocks last)

Location=> 39 Stamford Road #03-13 Stamford House/City Hall MRT Exit B,across the road,behind capitol building. Please refer to the map at control station in city hall—–Trust Training Center

http://www.ustradingdiary.com/cst-tutorial/upcoming-tutorialsseminars

Retrenchments Down Sharply And Unemployment Stabilises(SG)

Retrenchments Down Sharply And Unemployment Stabilises

31 July 2009

Employment

1.   According to preliminary estimates, total employment contracted by 12,400 in the second quarter of 2009, double the losses in the first quarter (-6,200). This is the first time that employment has contracted for two consecutive quarters since the 2003 economic downturn.

2.   Manufacturing (-17,600) again bore the brunt of job losses. Construction increased its workforce (3,400) but the gains were lower than in earlier quarters (8,300 in 1Q 2009 and 22,400 in 2Q 2008). Services added 2,100 workers, also showing lower gains than before (7,500 in 1Q 2009 and 38,300 in 2Q 2008).

Table 1: Employment

(In Thousands)

	Employment Change					Employment Level as at Jun 2009 p
	2Q 08	3Q 08	4Q 08	1Q 09	2Q 09p
Total*	71.4	55.7	21.3	-6.2	-12.4	2,933.8
Manufacturing	10.1	4.6	-7.0	-22.1	-17.6	546.6
Construction	22.4	16.5	10.7	8.3	3.4	371.7
Services	38.3	34.3	17.3	7.5	2.1	1,995.6

^P: Preliminary estimates

*: Total includes agriculture, fishing, quarrying, utilities and sewerage & waste management

Data may not add up due to rounding

Retrenchment and Redundancy

3.   According to preliminary estimates, 4,800 workers were retrenched and 700 contracts were terminated prematurely, resulting in a total of 5,500 workers made redundant in the second quarter of 2009. This is less than half the 12,760 redundancies in the first quarter 2009, comprising 10,900 workers retrenched and 1,860 workers whose contracts were terminated prematurely.

Table 2.1: Redundancy

	2Q 08	3Q 08	4Q 08	1Q 09	2Q 09P
Redundancy	1,880	3,180	9,410	12,760	5,500
Retrenchment	1,800	2,350	7,500	10,900	4,800
Early Release of Contract Workers	90	830	1,910	1,860	700

^P:  Preliminary estimates

Data may not add up due to rounding

4.   Redundancies in manufacturing fell sharply to 2,600 from 9,250 in the first quarter of 2009. Services laid off 2,400 workers, lower than the 3,170 in the preceding quarter. The remaining 500 were displaced from construction.

Table 2.2: Redundancy by Sector

	2Q 08	3Q 08	4Q 08	1Q 09	2Q 09P
Total *	1,880	3,180	9,410	12,760	5,500
Manufacturing	1,250	2,260	5,170	9,250	2,600
Construction	20	130	390	330	500
Services	620	790	3,810	3,170	2,400

^P: Preliminary estimates

*: Total includes agriculture, fishing, quarrying, utilities and sewerage & waste management

Data may not add up due to rounding
Unemployment

5.   Preliminary estimates show that the overall unemployment rate stabilised at a seasonally adjusted 3.3% in June 2009, unchanged from a quarter ago. Among the resident labour force, the seasonally adjusted unemployment rate declined from 4.8% in March 2009 to 4.6% in June 2009. In the difficult job market, more people are deferring job searches and pursuing courses, including those supported under SPUR.

Table 3: Unemployment Rate

	Jun 08	Sep 08	Dec 08	Mar 09	Jun 09p
Seasonally Adjusted
Overall (%)	2.2	2.3	2.5	3.3	3.3
Resident (%)	3.1	3.4	3.6	4.8	4.6
Non-Seasonally Adjusted
Overall (%)	2.8	1.9	2.4	3.0	4.2
Resident (%)	4.0	2.8	3.5	4.4	6.0

^P:  Preliminary estimates
6.   On a non-seasonally adjusted basis, the overall unemployment rate rose from 3.0% in March 2009 to 4.2% in June 2009. Among the resident labour force, the non-adjusted unemployment rate was 6.0% in June 2009, higher than the 4.4% in the previous quarter, reflecting the increase in job seekers as tertiary graduates entered the labour market and students sought employment during the mid-year school vacation. An estimated 116,600 residents were unemployed in June 2009. The seasonally adjusted figure was 91,800.

More Information

7.   Information on data sources and coverage as well as definitions of key concepts used in the report can be found in the attached Explanatory Notes. The preliminary data estimates are available online at the Ministry of Manpower’s website. A more detailed breakdown of the preliminary estimates will be released in the Economic Survey of Singapore, Second Quarter 2009.

8.   The above is a statistical release of the Manpower Research and Statistics Department of the Ministry.

Upcoming Publications

9.   The Ministry’s Manpower Research and Statistics Department will be releasing the full report on theLabour Market, Second Quarter 2009 on 15 September 2009.

Extract from http://www.mom.gov.sg/

URA real estate statistics stats(SG)

24 July 2009

Release of 2nd quarter 2009 real estate statistics

The Urban Redevelopment Authority (URA) released today the real estate statistics for the 2nd Quarter 2009.

SUMMARY

Prices of private residential, office, shop and industrial properties decreased by 4.7%, 3.9%, 1.4% and 4.5% respectively in the 2nd Quarter 2009.

Rentals of private residential, office, shop and industrial properties decreased by 5.2%, 7.7%, 2.0% and 5.6% respectively in the 2nd Quarter 2009.

The rates of decrease in the prices and rentals of private residential, office, shop and industrial properties have moderated in the 2nd Quarter 2009 as compared to 1st Quarter 2009.

As at 2nd Quarter 2009, there were 62,350 private residential units in the pipeline, comprising supply from projects that were already under construction and those that had been granted planning approval but were not under construction yet. For the office sector, there was a pipeline supply of about 1.24 million sq m Gross Floor Area (GFA) of office space from various Government and private land sources. Of these, about 38,112 private residential units and about 1.13 million sq m GFA of office space were expected to be completed between 3rd Quarter 2009 and 2012. This is based on developers’ declaration and actual completion schedule may change from quarter to quarter as developers adjust their development plans or construction schedule according to market conditions.

PRIVATE RESIDENTIAL PROPERTIES

Prices

Overall prices of private residential properties fell by 4.7% in 2nd Quarter 2009, compared with the decline of 14.1% in the previous quarter (see Annexes A-1, A-6& A-7).

Prices of non-landed properties fell by 4.7% in 2nd Quarter 2009, compared with the decline of 15.1% in the previous quarter. Prices of apartments fell by 4.9%, while prices of condominiums fell by 4.5%.

Prices of non-landed properties in Core Central Region1 (CCR) fell by 5.2% in 2nd Quarter 2009, and prices of non-landed properties in Rest of Central Region (RCR) and Outside Central Region2 (OCR) fell by 4.4% and 2.3% respectively (see AnnexA-2).

Prices of landed properties fell by 4.7% in 2nd Quarter 2009, compared with the decrease of 9.2% in the previous quarter. Prices of detached, semi-detached and terrace houses fell by 6.0%, 3.6% and 3.9% respectively in 2nd Quarter 2009.

The prices of private residential properties are not uniform and vary from project to project. Home-buyers can view the data on individual uncompleted private residential projects at the following url:http://www.ura.gov.sg/realEstateWeb/price.jsp. The database also provides information on projects with units still available for sale.

Besides the data on the sale of uncompleted units direct from developers, home-buyers can also access information on all private residential property transactions on URA’s website at the following url:http://www.ura.gov.sg/realEstateWeb/transaction.jsp. This database, which is based on caveats lodged with the Singapore Land Authority (SLA), contains comprehensive information on the prices and floor areas of the units.

Rentals

Rentals of private residential properties3 fell by 5.2% in 2nd Quarter 2009, compared with the decrease of 8.5% in the previous quarter (see Annex A-3).

Rentals of non-landed properties in CCR, RCR and OCR fell by 5.1%, 6.1% and 5.9% respectively in 2nd Quarter 2009 (see Annexes A-3 & A-4).

In addition, URA also released data on the 25th percentile, median and 75thpercentile rentals for individual private residential projects for 2nd Quarter 20094. The data on the rentals of individual private residential projects are available on URA’s website at the following url: http://www.ura.gov.sg/realEstateWeb/rental.jsp.

Supply in the Pipeline

As at the end of 2nd Quarter 2009, there was a total supply of 62,350 uncompleted units of private housing from projects in the pipeline5 (see Annex E-1). Of these, 38,482 units were still unsold. These comprised 2,594 units that had been launched for sale by developers and 12,534 units which had the pre-requisite conditions for sale and could be launched for sale immediately. The remaining 23,354 units with planning approvals did not have the pre-requisite conditions for sale6 (see Annex B-1). Details of the number of unsold private residential units with planning approvals in the 3 market segments are given in Annex B-2.

Of the 62,350 units, 38,112 units were expected to be completed between 3rd Quarter 2009 and 2012, of which 27,934 units were already under construction7. Developers had obtained planning approvals8 for projects making up the remaining 10,178 units (see Annex E-2).

URA also released detailed data on supply in the pipeline by market segment, development status and expected year of completion at the following url:http://www.ura.gov.sg/real_estate/pipeline_supply. This is to enable the public to have a more comprehensive picture of supply coming on-stream over the next few years in the private housing market. Of the 62,350 uncompleted units of private housing from projects in the pipeline, 22,767 units, 17,783 units and 21,800 units were in CCR, RCR and OCR respectively.

Launches and Take-up

A total of 3,869 uncompleted private residential units were launched for sale by developers in 2nd Quarter 2009, compared with 2,108 units in 1st Quarter 2009. Of the 3,869 uncompleted units launched in the quarter, 1,134 units were in CCR, 1,426 units were in RCR, and 1,309 units were in OCR (see Annex C-1). Major residential projects launched in the quarter included 8@Woodleigh at Woodleigh Close (330 units), Mi Casa at Choa Chu Kang Avenue 3 (283 units of a total of 457 units), Martin Place Residences at Kim Yam Road (252 units of a total of 302 units) and The Arte at Jalan Raja Udang (216 units of a total of 336 units).

In 2nd Quarter 2009, 4,521 uncompleted private residential units were sold by developers, compared with 2,552 units in 1st Quarter 2009. Of the 4,521 uncompleted units sold in the quarter, 1,386 units were in CCR, 1,815 units were in RCR, and 1,320 units were in OCR (see Annex C-2). Developers also sold 133 completed private residential units in 2nd Quarter 2009.

Sub-sales

The total number of sub-sales was 940 in 2nd Quarter 2009, compared to 412 sub-sales in the previous quarter. In percentage terms, sub-sales accounted for 10.9% of all sale transactions in 2nd Quarter 2009, compared to 9.9% in 1st Quarter 2009. The number of sub-sales in CCR in 2nd Quarter 2009 accounted for 17.4% of the property sale transactions in this area in the quarter, compared to 23.6% in the previous quarter. The percentage of sub-sales in 2nd Quarter 2009 for RCR, at 8.5%, was lower than the 12.9% in the previous quarter. However, the percentage of sub-sales in OCR in 2nd Quarter 2009 of 7.9% was higher than the 5.7% in the previous quarter (see Annex D).

Stock and Vacancy

A total of 2,928 private residential units were completed (granted TOP) in 2nd Quarter 2009. Major residential projects completed in the quarter were The Quartz at Compassvale Bow (625 units), Botannia at West Coast Park (493 units) and The Metropolitan Condominium at Alexandra View (382 units).

The vacancy rate of completed private residential units remained at 5.9% as at the end of 2nd Quarter 2009 (see Annex E-1).

Executive Condominiums

As at the end of 2nd Quarter 2009, there were no Executive Condominium (EC) units in the pipeline. All available EC units have been sold (see Annexes F-1 & F-2).

The total stock of completed EC units was 10,430 units as at the end of 2nd Quarter 2009. As at the end of 2nd Quarter 2009, the vacancy rate was 0.7%, compared with the vacancy rate of 0.8% as at the end of the previous quarter (see Annex E-1).

OFFICE SPACE

Rentals

The rentals for office space in Singapore fell in 2nd Quarter 2009. Overall rentals for office space, based on leases which had commenced, decreased by 7.7% in 2nd Quarter 2009, compared with the decrease of 10.7% in 1st Quarter 2009 (see Annex A-3).

The median rental for “Category 1”9 office space, based on leases which had commenced, was S$10.60 per square foot per month (psf pm) in 2nd Quarter 2009, lower than the median rental of S$11.56 psf pm in 1st Quarter 2009. In comparison, the median rental for “Category 2”10 office space was S$5.08 psf pm in 2nd Quarter 2009, lower than the median rental of S$5.49 psf pm in 1st Quarter 2009 (see Annex A-5). As “Category 2” office space accounts for about 80% of all office space in Singapore, the rental for such space is more reflective of the typical rental paid by office tenants in Singapore. These statistics were compiled based on IRAS’ records of rental contracts in Singapore where the leases had commenced in 2nd Quarter 2009.

The median rentals for “Category 1” and “Category 2” office space based on rental contracts signed in 2nd Quarter 2009 were S$10.59 and S$5.11 psf pm respectively (see Annex A-5). These statistics were compiled based on IRAS’ records of rental contracts which were signed in the reference quarter, regardless of whether or not the leases commenced in the reference quarter11.

Prices

Prices of office space decreased by 3.9% in 2nd Quarter 2009, compared with the 12.0% decrease in the previous quarter (see Annex A-1).

Supply in the Pipeline

As at the end of 2nd Quarter 2009, there was a total supply of about 1.24 million sq m GFA of office space in the pipeline. Of the total pipeline supply of office space, about 1.13 million sq m were expected to be completed between 3rd Quarter 2009 and 2012. More detailed data on pipeline supply of office space by development status and expected year of completion are at Annex E-1 and E-2.

Apart from office space, as at the end of 2nd Quarter 2009, there was a total supply of about 513,000 sq m of business park space from projects in the pipeline12from Government and private land sources which were expected to be completed between 3rd Quarter 2009 and 2012. Business Park space primarily caters to non-pollutive industries and businesses that engage in high-technology, research and development (R&D), high value-added and knowledge-intensive activities. However, some of the Business Park space could be used for selected office uses such as backroom operations of companies.

Stock and Vacancy

The amount of occupied office space decreased by 23,000 sq m (nett) in 2nd Quarter 2009, as compared with the 30,000 sq m decrease in the previous quarter. A total of 51,300 sq m of office space were completed (granted TOP) in 2nd Quarter 2009. This included the newly completed office development at Tampines Grande (25,800 sq m), completion of additions and alteration works to the existing office building at 60 Robinson Road (6,400 sq m) and EFG Bank Building at North Bridge Road (6,000 sq m).

The island-wide vacancy rate of office space was 10.8% as at the end of 2nd Quarter 2009, higher than the 10.0% as at the end of 1st Quarter 2009. Similarly, the vacancy rate for “Category 1” office space increased to 6.0% as at the end of 2nd Quarter 2009, from 5.3% as at the end of 1st Quarter 2009. The vacancy rate for “Category 2” office space as at the end of 2nd Quarter 2009 was 11.9%, compared to 11.0% as at the end of 1st Quarter 2009 (see Annex A-5).

SHOP SPACE

Rentals

The overall rentals for shop space in Singapore, based on leases which had commenced, decreased by 2.0% in 2nd Quarter 2009, compared with the 3.3% decrease in the 1st Quarter 2009 (see Annex A-3). The median rental for shop space in the Orchard Planning Area (Orchard), Rest of City Area (RCA)13 and Outside City Area (OCA) also decreased slightly to S$10.39, S$6.40 and S$5.45 psf pm respectively in 2nd Quarter 2009 (see Annex A-5). These statistics were compiled based on IRAS’ records of rental contracts in Singapore where the leases commenced in 2nd Quarter 2009.

The median rentals for shop space in Orchard, RCA and OCA based on all rental contracts signed in 2nd Quarter 2009, regardless of whether or not the leases commenced in the quarter, were S$10.30, S$6.61 and S$5.45 psf pm respectively (see Annex A-5).

Prices

Prices of shop space decreased by 1.4% in 2nd Quarter 2009, compared with the 4.2% decrease in the previous quarter (see Annex A-1).

Supply in the Pipeline

As at the end of 2nd Quarter 2009, there was a total supply of 560,000 sq m GFA of shop space from projects in the pipeline14, from Government and private land sources. Of the total pipeline supply of shop space, about 475,000 sq m were expected to be completed between 3rd Quarter 2009 and 2012. More detailed data on pipeline supply of shop space by development status and expected year of completion are at Annex E-1 and E-2.

Stock and Vacancy

The amount of occupied shop space increased by 23,000 sq m (nett) in 2nd Quarter 2009, compared with the 1,000 sq m increase in 1st Quarter 2009. A total of 59,500 sq m of shop space were completed (granted TOP) in the 2nd Quarter 2009. This included the newly completed ION Orchard at Orchard Turn (42,200 sq m) and Orchard Central at Orchard Road (14,800 sq m).

The islandwide vacancy rate of shop space was 7.5% as at the end of 2nd Quarter 2009, compared to the 6.6% vacancy rate as at the end of 1st Quarter 2009. The vacancy rates for shop space in Orchard, RCA and OCA as at the end of 2nd Quarter 2009 were 16.2%15, 7.8% and 5.6% respectively. In comparison, the vacancy rates for shop space in Orchard, RCA and OCA as at the end of 1st Quarter 2009 were 4.7%, 8.0% and 6.4% respectively (see Annex A-5).

INDUSTRIAL SPACE

Prices and Rentals

Prices of multiple-user factory space fell by 4.5% in 2nd Quarter 2009, compared with the 9.9% decrease in the previous quarter (see Annex A-1). Rentals of multiple-user factory space also fell by 4.2%, compared with the 6.1% decrease in the previous quarter (see Annex A-3).

Supply in the Pipeline

As at the end of 2nd Quarter 2009, there was a total supply of 3.19 million sq m GFA of factory space from projects in the pipeline16, from Government and private land sources. Of the total pipeline supply of factory space, about 3.02 million sq m were expected to be completed between 3rd Quarter 2009 and 2012. More detailed data on pipeline supply of factory space by development status and expected year of completion are at Annex E-1 and E-2.

Stock and Vacancy

The amount of occupied factory space increased by 139,000 sq m (nett) in 2nd Quarter 2009, higher than the increase of 40,000 sq m (nett) in 1st Quarter 2009. A total of 380,800 sq m of factory space were completed (granted TOP) in 2nd Quarter 2009.

The vacancy rate of factory space was 7.8% as at the end of 2nd Quarter 2009, higher than the vacancy rate of 7.0% as at the end of 1st Quarter 2009.

URA’s REAL ESTATE INFORMATION SERVICE

More detailed information on the price and rental indices, supply in the pipeline, stock and vacancy position of the various properties can be found in the Real Estate Information System (REALIS), an online database of URA.

Subscribers of REALIS can obtain the information from the system after 12.30 pm today. More information on REALIS can be found athttp://spring.ura.gov.sg/lad/ore/login/index.cfm. You can also contact the REALIS hotline at 6329 3456.

Extract from www.ura.gov.sg

Warren Buffett to CNBC: U.S. Economy In “Shambles” .. No Signs of Recovery Yet

Warren Buffett to CNBC: U.S. Economy In “Shambles” .. No Signs of Recovery Yet

In a live interview on CNBC today, Warren Buffett said there has been little progress over the past few months in the “economic war” being fought by the country.  “We haven’t got the economy moving yet.”

While the economy is a “shambles” and likely to stay that way for some time, he remains optimistic there will eventually be a recovery over a period of years.

BECKY:  The last time we sat down to talk to you was on May 4, and at that point you told us that you think we’re in an economic war right now.  How much progress do you think we’ve made in that war?

BUFFETT:  Well, it’s been pretty flat.  I get figures on 70-odd businesses, a lot of them daily.  Everything that I see about the economy is that we’ve had no bounce.  The financial system was really where the crisis was last September and October, and that’s been surmounted and that’s enormously important.   But in terms of the economy coming back, it takes a while.  There were a lot of excesses to be wrung out and that process is still underway and it looks to me like it will be underway for quite a while.  In the (Berkshire Hathaway) annual report I said the economy would be in a shambles this year and probably well beyond.  I’m afraid that’s true.

Buffett also noted that he had a cataract operation on his left eye about a month ago.  He joked that he thought it might help him see “green shoots” for the economy, but so far he hasn’t seen any hopeful signs.

Taking a firm position in an ongoing debate in the financial markets, Buffett says he’s not concerned about deflation, but thinks inflation will be a problem in coming years.

Despite his negative view on the economy, Buffett still believes the stock market is attractive “over the next 10 years” when compared to alternatives like Treasury bonds.

• Slideshow: Top 10 Places the Wealthy Call ‘Home’
• Slideshow: America’s 15 Most Recession-Resistant Cities

Buffett endorsed Ben Bernanke’s reappointment as Federal Reserve Chairman, saying “you couldn’t do better.”  He also praised Treasury Secretary Tim Geithner.

Asked about how Apple handled Steve Jobs’ liver transplant, Buffett said it is a “material fact” when the CEO of a company is facing major surgery.  He thinks criticism of Apple over the matter is appropriate.

Buffett repeated his criticism of “cap and trade” as a method to control pollution, saying it would be a huge, regressive tax.

Looking bonds ,as a signal of market direction—-19/06/2009

Steep Yield Curve: Sign of Economic Recovery?
A closer looks at the steepening bond yield curve reveals why “this time, it’s different.”

The recent sell-off in the 30-year US Treasury bond has created a very steep yield curve that, in normal times, would seemingly help stimulate increased borrowing, lending and economic activity. But, today’s times are anything but normal, as a Grand Supercycle decline in US equities (which reflects the concurrent decline in social mood) creates more than a few “once in a lifetime” occurrences. We’ll examine the yield curve and the signals it’s giving Elliotticians now.

Typically, an inverted yield curve is a harbinger of a recession. When longer term rates are lower than shorter term rates, banks aren’t encouraged to attract depositors or to lend because there isn’t much “spread” between their costs (interest paid on deposits) and their profits (interest received from lending activities). When a yield curve is inverted — as it was in 1969, 1973, 1979, 1981, 1989, 2000 and 2006-7 — a significant equity and economic decline results about half of the time.

Conversely, when a yield curve is very steep, as is the case today, banks are encouraged to lend because profit margins are high. Current short-term interest rates on the 13-week T-bill are at 0.17% while the 10-year Treasury note is at 3.86%. This spread suggests that banks should be more inclined to lend today because of the difference between borrowing short and lending long.  The trouble is that most banks don’t have the excess capital to lend now because their balance sheets and capital ratios have been impaired dramatically by the housing and credit crises.  In addition, since frugality is now in style (notice that former “fashionistas” are becoming ”recessionistas”), banks’ customers are less inclined to borrow.

Those looking to believe that the worst of the economic turmoil is behind us can point to the steep yield curve as evidence that blue skies are ahead. But, in this instance, the low yield on the 13-week T-bill suggests something entirely different. It suggests that investors’ desire for safe, liquid, AAA assets hasn’t subsided, and that demand for T-bills is overwhelming the supply.

The 0% Fed Funds and T-bill rates have helped create a Treasury yield curve that, in this case, is misleading — as it has sometimes been in the past. Towards the end of 2001, the United States also had a steep yield curve, similar to the current environment. In swift fashion, the Fed had taken the overnight Fed Funds target from 6.5% at the beginning of 2001 to 1.75% by year’s end to combat a potential recession. On December 31, 2001, the 10-year T-note closed at 5.03%, which meant that a steep yield curve was in effect. Even though a steep curve existed, the S&P 500 didn’t bottom until 10 months later in October 2002, and it had another 31% to decline. So, the steepness of the yield curve couldn’t prevent another leg of a bear market during most of 2002.

This example shows yet again that the tools that policy makers use are at the mercy of mass psychology. Social mood, which is EWI’s term for mass psychology, currently suggests that we should prepare for an even more glaring example of the steep yield curve’s inability to come to the economy’s rescue.

Today, a Grand Supercycle decline in US equities accompanies a massive supply of T-bonds coming to market. In the market forecasting business, we try to look around corners before reaching them. In this case, we’re suggesting that the United States is going to see an equity and bond decline, with a further steepening of the yield curve, because the demand for US T-bills will continue to be high. As such, many market watchers will incorrectly suggest that markets are ready to bottom due to something that “should” allow an economy to function properly: a steep yield curve.

In this instance, though, the steeper the curve, the larger the problems are likely to be.

What credit card legislation means for you?

WHY SHOULD YOU TRADE?

Introduction

Let me introduce first trading for all who are new to this term. Trading is simply the buying and selling of financial instruments such as stocks, bonds and derivatives, through the stock market, forex market, future market, real estate market and many more. Of course, you stand to make a profit in trading if you sell your financial instruments for a price greater than how much you bought it.

Benefits of Trading

So what are the benefits of trading? As Robert T. Kiyosaki puts it, it is the most important knowledge to riches, also known as financial quotient (FQ) or financial IQ. I am very sure everyone has goals in their life. Whether you like it or not, money is essential in achieving your goals. Based on the 80:20 golden ratio, 80% of the population in this world owns 20% of the wealth, while 20% of the population in this world owns 80% of the wealth. Let me tell you a secret. This is no coincidence. These 20% “rich” people know something that the other 80% don’t know. So do you want to unravel the secrets behind their success?

One of the most important secrets is to increase your FQ. They understand the importance of FQ. The government doesn’t teach you FQ, the schools don’t teach you FQ. Trading is the most advance subset of the FQ. Through trading, you get to learn the spending behaviors of others, business and investment concepts. Whether it is an economy boom or economy crisis, you will be able to spot finance opportunities within it. This is because you get to understand how to identify trends and opportunities through trading. And most importantly, you learn how to manage, grow and accumulate wealth.

How trading benefits you if your passion is not trading.

Perhaps your goal or dream is not to be a full-time professional trader. Maybe you want to do music, you want to do art. Yes, trading can play a part in accomplishing your goals as well. In my previous paragraphs, I stated that money is essential in any goal. Being a part-time trader allows you to make additional passive income to support your goals, without putting tremendous effort into it. Let trading become a necessity, a commitment to yourself, something that you need to do part-time in order to achieve your goals. Furthermore, you don’t need to work full-time daily in trading. Instead you can spend most of your time honing your art or music skills or doing your favorite stuff. Because you know how to manage your financials and build your wealth, “not enough money” problems will no longer be a problem. It will also no longer distract you from your goals. You will also have more awareness towards the economy which may in turn create a lot of business opportunity for you.

How trading benefits you if your passion is trading.

Whereas if you have a passion in trading like me, trading successfully will grant you lots of freedom in the future. Imagine yourself consistently making money through trading and investing. You can be at any part of the world anytime, enjoying your holidays and continue to trade and earn! Flexible and rewarding =D

How risky and dangerous is trading?

Now we come to one of the most common question. Is trading risky and dangerous? The rich usually tell you that it’s not. The middle and poor class will tell you yes. I urge you to keep an open-mind when you are reading this paragraph. Let me use a comparison example to illustrate my answer.

Recall the very very first time you started to learn how drive a car, did you think that it is risky and dangerous? Did you feel some fear in your heart? I bet you would! But after learning for weeks or months, getting your driving lesson and started driving often on the roads, how do you feel? Scared, risky, dangerous or confident? I supposed you have already mastered the skills of driving and have confidence in yourself. Alright, back to trading. You see, trading is just like driving a car, through training, practice, you will learn how to manage risks, how to trade confidently. Soon, trading successfully and confidently becomes a habit. However, if you do not practicing or go through proper training, you are no different from a “driver without a licence” and that’s…..RISKY!

Don’t worry even if you don’t have a passion in trading. By learning the basics of trading and increasing your financial quotient, you learn how to trust the right person or broker to assist you in trading. It is the same as finding a “reliable chauffeur”. You learn how to read financial statements, which is akin to “understanding road maps”. You can do some simple trading on your own and also find the right network and resource to help you which doesn’t consume too much of your “doing your favorite stuff” time.

Because the rich are so used to doing it (they already mastered how to drive the car), that’s why they will tell you that it is not risky. Think about it, everything is risked associated, but do you realize that you have a choice to learn how to manage that risk or completely avoid the subject?

In conclusion,

Everybody wakes up in bed worrying about one problem. It is MONEY. Do you want to worry about having too much money? Or do you want to worry about having too little money. You always have a choice, take control of your life now. =)

This article is written by Lu Jun Long, edited by Kang  Hao  Ooi.

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