Aug
23
I would start by referring to a recent agitation against corrupt government practices in India. I heard a man on an Indian radio channel saying that his brother tried to invoked RTI (Request For Information) Act to ask government about his investment details in an industrial sector. Government didn’t act, rather he started getting threatening messages to …
Permanent link to this article: http://www.wealthson.com/1657/how-the-us-federal-reserve-was-sued-for-not-showing-the-records-of-loans-to-banks-timeline
Aug
23
Morgan Stanley borrowed $107.3 Billion from Fed in 2008 to save itself from collapsing which it didn’t disclose to its investors. Morgan Stanley Treasurer David Wong briefed the Federal Reserve on a “dark” scenario in which the U.S. firm would need at least $10 billion of emergency loans from the central bank. It got 10 times darker …
Permanent link to this article: http://www.wealthson.com/1649/morgan-stanley-was-highest-borrower-during-onset-of-crisis-in-2008
Aug
11
Gold is touching record levels everyday and if analysts have to be believed, Gold prices have way to go before they calm down. Much of the price rise night be happening on paper rather than real exchange of gold. Demand for gold, nonetheless, is rising but certainly not as fast as its price. India, China …
Permanent link to this article: http://www.wealthson.com/1608/stories-of-top-3-consumer-of-gold-in-the-world
Aug
10
There is always a big chance of gaining from the imperfections in the markets. Irrationality in the markets are the way to big investment gains. When the markets get reflexive it is time harvest the profits from them. Reflexivity of the market means that markets become self-feeding. As George Soros puts it, there are two …
Permanent link to this article: http://www.wealthson.com/1601/gold-stocks-may-be-the-next-big-gainer-if-history-has-to-be-believed
Jul
28
1. ATM FEES Using the closest ATM, rather than the one at your own bank will typically costs you about $5. Your bank charges a fee for going out of network, and the ATM you use also charges a fee. 2.LOTTERY TICKETS They say you have a better chance of being struck by lightning than …
Permanent link to this article: http://www.wealthson.com/1537/top-10-money-wasting-habits
Jul
28
Jim Rogers, the legendary investor first went to work on Wall Street with $600 in his pocket in the late ‘60s. In 1970, he and George Soros founded the Quantum fund: one of the greatest investment funds in history. Between 1970 and 1980, the Quantum fund returned 3,365%, outperforming the S&P 500’s performance of 47% …
Permanent link to this article: http://www.wealthson.com/1534/jim-rogers-connections-with-george-soros-and-his-new-bet
Jul
26
*people are on the street breaking and throwing everything on their way. *this outrage may turn into something big says the journalist. *Government may have to step down if it doesn’t come up with solution soon. *Greece has defaulted and government should learn from Latin American crisis that integrity of Greece is at stake.
Permanent link to this article: http://www.wealthson.com/1503/now-thats-what-heavy-debt-can-do-to-a-nation-greece-burns
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Name: Hitesh