In this globalism era, the competition between nation is getting stronger each day. Thus, there is no a company will able to provide the secure job and great retirement plan to all of its employee. To achieve Financial Freedom through Employee quadrant (E Quad) is very hard and is getting harder each day. So, think about switch to B quadrant to achieve financial freedom? When to switch? That is the BIGGEST question.
Allow me to introduce the V-Concept to illustrate and simplify the Switch from Employee to Business Quadrant (B Quad).
V alphabet is formed from "\" and "/", which represent the E Quad and B Quad respectively. Y-axis represent the Age of a person. So, when one try to Switch from E to B, the gap between "\" and "/" is getting wider with respect to the age. This gap we know as RISK. The sooner you switch the less Risk you potentially have.
To further understand this concept, let look at the gradient of "\" and "/". The steep of both these slope will eventually reduce the Risk of Switch. So, how to make the slope steepness? For E Quad, lesser the liability and greater skill sets you have will make the slope steep. Meanwhile for B Quad, good plan, product market understanding and your personal insight will contribute to make your "/" slope more and more steep. Most of these items mentioned are within your control.
Hope this V-Concept will eventually help you to find your RIGHT TIME to Switch from E quadrant to B Quadrant.
Good Luck and all the best!
Click Here for Detail
Wednesday, December 26, 2007
Monday, December 24, 2007
Consumer spending strong in November
Picked from reuter on 12/21:
Consumer spending rose at the fastest rate in more than two years in November and prices also climbed sharply, according to a government report on Friday that showed the economy on firmer ground than many had believed.
Adding to a picture of some resilience in the face of the housing downturn and a credit squeeze, consumer sentiment turned up in late December from mid-month even though it was down for the third month in a row.
The Commerce Department said consumer spending jumped 1.1 percent in November, well ahead of forecasts on Wall Street, while personal income rose 0.4 percent.
At the same time, consumer prices moved up 0.6 percent, the biggest gain since September 2005 when energy prices shot up in the wake of Hurricane Katrina. Prices rose a heady 3.6 percent from a year earlier, the highest since October 2005.
Stock prices climbed as investors were heartened by corporate news and continued strong consumer spending, a mainstay of the U.S. economy, which many had worried could suffer due to the housing downturn. The Dow Jones industrial average surged 205 points, or 1.6 percent, to close at 13,450.
Wall Street's gains drew investors away from safe-haven government debt, helping to drag 10-year benchmark notes down 30/32 in price, raising the yield to 4.17 percent.
The implied prospects for a rate reduction in January embodied in futures contracts slipped to as low as 82 percent from 92 percent late on Thursday.
People have been too gloomy on the consumer," said Stephen Gallagher, U.S. chief economist at Societe Generale in New York "There are a lot of headwinds like housing and gasoline prices but the consumer keeps on spending."
Real spending, which adjusts for inflation, rose 0.5 percent in November, the highest since December 2006.
Separately, U.S. consumer sentiment brightened in late December but soured for the month as a whole, leaving sentiment near its lowest since the aftermath of Hurricane Katrina in 2005, the Reuters/University of Michigan Surveys of Consumers index of confidence showed on Friday.
The index edged up to 75.5 in late December from a mid-December reading of 74.5, slightly above economists' median forecast for a reading of 74.9, but down from November's reading of 76.1.
The late-December strength was centered on an improvement in longer-term economic prospects, but the near-term outlook was still quite pessimistic, the report said.
Consumers held very negative assessments of their personal financial situation, especially lower income households. Buying plans remained subdued, even among upper income households.
Overall, the data are consistent with a growth rate in personal consumption expenditures of just 2 percent in 2008, with significantly weaker growth of about 1 percent in the first quarter, according to Richard Curtin, the director of the consumer survey.
The U.S. economy appears headed for a period of slower growth at the end of 2007 and into the early part of 2008, and the Federal Reserve has lowered interest rates a cumulative percentage point to 4.25 percent since September as an insurance against the slower period.
Amplifying worries about slower growth, banks have become nervous about lending to one another over fears of hidden exposures to mortgage loans unlikely to be repaid.
Even though inflation has moderated from elevated levels earlier this year, Friday's price data adds to evidence of rising price pressures last month from climbing energy and commodity prices and the weaker dollar, which has boosted the cost of imported goods.
p/s:It seem like dollar weaker is happening as predicted by Lester Thurow.
Consumer spending rose at the fastest rate in more than two years in November and prices also climbed sharply, according to a government report on Friday that showed the economy on firmer ground than many had believed.
Adding to a picture of some resilience in the face of the housing downturn and a credit squeeze, consumer sentiment turned up in late December from mid-month even though it was down for the third month in a row.
The Commerce Department said consumer spending jumped 1.1 percent in November, well ahead of forecasts on Wall Street, while personal income rose 0.4 percent.
At the same time, consumer prices moved up 0.6 percent, the biggest gain since September 2005 when energy prices shot up in the wake of Hurricane Katrina. Prices rose a heady 3.6 percent from a year earlier, the highest since October 2005.
Stock prices climbed as investors were heartened by corporate news and continued strong consumer spending, a mainstay of the U.S. economy, which many had worried could suffer due to the housing downturn. The Dow Jones industrial average surged 205 points, or 1.6 percent, to close at 13,450.
Wall Street's gains drew investors away from safe-haven government debt, helping to drag 10-year benchmark notes down 30/32 in price, raising the yield to 4.17 percent.
The implied prospects for a rate reduction in January embodied in futures contracts slipped to as low as 82 percent from 92 percent late on Thursday.
People have been too gloomy on the consumer," said Stephen Gallagher, U.S. chief economist at Societe Generale in New York "There are a lot of headwinds like housing and gasoline prices but the consumer keeps on spending."
Real spending, which adjusts for inflation, rose 0.5 percent in November, the highest since December 2006.
Separately, U.S. consumer sentiment brightened in late December but soured for the month as a whole, leaving sentiment near its lowest since the aftermath of Hurricane Katrina in 2005, the Reuters/University of Michigan Surveys of Consumers index of confidence showed on Friday.
The index edged up to 75.5 in late December from a mid-December reading of 74.5, slightly above economists' median forecast for a reading of 74.9, but down from November's reading of 76.1.
The late-December strength was centered on an improvement in longer-term economic prospects, but the near-term outlook was still quite pessimistic, the report said.
Consumers held very negative assessments of their personal financial situation, especially lower income households. Buying plans remained subdued, even among upper income households.
Overall, the data are consistent with a growth rate in personal consumption expenditures of just 2 percent in 2008, with significantly weaker growth of about 1 percent in the first quarter, according to Richard Curtin, the director of the consumer survey.
The U.S. economy appears headed for a period of slower growth at the end of 2007 and into the early part of 2008, and the Federal Reserve has lowered interest rates a cumulative percentage point to 4.25 percent since September as an insurance against the slower period.
Amplifying worries about slower growth, banks have become nervous about lending to one another over fears of hidden exposures to mortgage loans unlikely to be repaid.
Even though inflation has moderated from elevated levels earlier this year, Friday's price data adds to evidence of rising price pressures last month from climbing energy and commodity prices and the weaker dollar, which has boosted the cost of imported goods.
p/s:It seem like dollar weaker is happening as predicted by Lester Thurow.
Friday, December 14, 2007
lemonade
Small deal:
The #1 of Top 10 Times CNN website of 2007:
Check this out to generate your passive income.
The #1 of Top 10 Times CNN website of 2007:
Check this out to generate your passive income.
Wednesday, December 12, 2007
Dow Jone Drop 294 Point on 12/11
Extracted from AP (Associated Press) on 12/11/07:
Federal fund rate is trimmed by one-quarter percentage point to 4.25%, which is nearly two-year low. This is the 3rd rate reduction in this year to enegize national economic growth. The deepening housing slump is affecting the behavior of consumers and business.
On Wall Street, stocks tumbled, reflecting disappointment among some investors who were hoping for a larger rate cut. The Dow Jones industrial plunged more than 200 points to 13,432.77.
Federal fund rate is trimmed by one-quarter percentage point to 4.25%, which is nearly two-year low. This is the 3rd rate reduction in this year to enegize national economic growth. The deepening housing slump is affecting the behavior of consumers and business.
On Wall Street, stocks tumbled, reflecting disappointment among some investors who were hoping for a larger rate cut. The Dow Jones industrial plunged more than 200 points to 13,432.77.
Sunday, December 9, 2007
Must Criterias of Good Property
#1: Location must be ease to access, e.g. have the basic necessity of resident such as commercial shop lot, wet market, supermarket, school and etc.
#2: Location must be strategy, e.g. non-flood area, away from high power cable.
#3: Market demand across the time is constant.
#4: Future planning of the property location.
#2: Location must be strategy, e.g. non-flood area, away from high power cable.
#3: Market demand across the time is constant.
#4: Future planning of the property location.
Saturday, December 8, 2007
Apple Mac Likely To Gain Market Share
From the Investor's Business Daily on 12/7, the latest ChangeWave consumer poll found that 29% of likely notebook and desktop PC buyers in the next 90 days are planning to get a Mac. That's higher than consumer purchase intent for HP laptops (21%), HP desktops (24%) and Dell laptops (28%). But Dell had higher demand for its desktops (31%).
More consumers are buying Macs because they're turned off by PCs using Microsoft's Windows operating system, Smith says. Complaints about the latest version of Windows, called Vista, and positive reviews for the new Apple Mac OS, called Leopard, have fueled Mac sales, he says.
Apple's U.S. market share was 6.9% in the third quarter, IDC says, up from 5.7% a year earlier. Mac sales are typically higher in the third quarter because of back-to-school and other education sales.
Its PC market share for all of 2006 was 4.7% in the U.S. and 2.5% worldwide, according to IDC.
So, do you plan to get a Mac soon?
Thursday, December 6, 2007
Economy May Slow Tech Industry's Growth
Extracted from AP
Thursday December 6, 6:05 am ET
By Brian Bergstein, AP Technology Writer
Weakness in US Economy Figures to Take a Bite Out of Technology Industry's Growth Rate in 2008
BOSTON (AP) -- Weakness in the U.S. economy figures to take a bite out of the technology industry's growth rate in 2008, when analysts expect tech spending to slow around the world.
The picture is not exactly dire: A forecast released Thursday by analyst firm IDC calls for the worldwide information-technology market to grow 5.5 percent to 6 percent in 2008, the lower end of what has become a usual range. In the U.S., the market is expected to expand 3 percent to 4 percent.
Those growth rates are softer than this year's 6.9 percent worldwide expansion and 6.6 percent growth in the U.S., according to IDC.
Just a few months ago, IDC was expecting the U.S. tech market to grow 5.5 percent in 2008. The company pushed its estimate down to 3 percent to 4 percent as the mortgage crisis heightened and rising high oil prices enhanced the prospect of a recession next year, IDC senior researcher Frank Gens Sr. said.
"Those are all forces working against good growth," Gens said.
Other analyst firms differ on the precise numbers but also see a slowdown in growth coming.
Gartner Inc.'s most recent estimates, compiled in October, see U.S. technology spending rising 5.7 percent, down from 6.1 percent this year. Gartner pegs worldwide growth at 5.5 percent, down from 8 percent in 2007.
Forrester Research Inc. is still finalizing its worldwide forecast, but research analyst Andrew Bartels expects the U.S. market to grow 4.6 percent, down from 5.4 percent this year. He said that presumes an economic slowdown in the United States that stops short of becoming a recession.
Even with tech spending totaling $3 trillion worldwide, modest dips in its growth don't often cause economic swings. Instead, tech investment tends to reflect macroeconomic conditions.
"There's no question the economy is weak," Bartels said.
Many big IT providers already have been planning for overall market growth of uninspiring, mid-single digit percentages.
IDC's Gens expects to see tech companies respond in 2008 by increasing investments in markets that are relatively hotter, including mobile Internet devices and technology for small and medium-sized businesses.
"I'm not really concerned," Henning Kagermann, CEO of business-software maker SAP AG, said in an interview this week. "Even if growth in IT spending slows, it's always a question of where people are going to put their money."
Thursday December 6, 6:05 am ET
By Brian Bergstein, AP Technology Writer
Weakness in US Economy Figures to Take a Bite Out of Technology Industry's Growth Rate in 2008
BOSTON (AP) -- Weakness in the U.S. economy figures to take a bite out of the technology industry's growth rate in 2008, when analysts expect tech spending to slow around the world.
The picture is not exactly dire: A forecast released Thursday by analyst firm IDC calls for the worldwide information-technology market to grow 5.5 percent to 6 percent in 2008, the lower end of what has become a usual range. In the U.S., the market is expected to expand 3 percent to 4 percent.
Those growth rates are softer than this year's 6.9 percent worldwide expansion and 6.6 percent growth in the U.S., according to IDC.
Just a few months ago, IDC was expecting the U.S. tech market to grow 5.5 percent in 2008. The company pushed its estimate down to 3 percent to 4 percent as the mortgage crisis heightened and rising high oil prices enhanced the prospect of a recession next year, IDC senior researcher Frank Gens Sr. said.
"Those are all forces working against good growth," Gens said.
Other analyst firms differ on the precise numbers but also see a slowdown in growth coming.
Gartner Inc.'s most recent estimates, compiled in October, see U.S. technology spending rising 5.7 percent, down from 6.1 percent this year. Gartner pegs worldwide growth at 5.5 percent, down from 8 percent in 2007.
Forrester Research Inc. is still finalizing its worldwide forecast, but research analyst Andrew Bartels expects the U.S. market to grow 4.6 percent, down from 5.4 percent this year. He said that presumes an economic slowdown in the United States that stops short of becoming a recession.
Even with tech spending totaling $3 trillion worldwide, modest dips in its growth don't often cause economic swings. Instead, tech investment tends to reflect macroeconomic conditions.
"There's no question the economy is weak," Bartels said.
Many big IT providers already have been planning for overall market growth of uninspiring, mid-single digit percentages.
IDC's Gens expects to see tech companies respond in 2008 by increasing investments in markets that are relatively hotter, including mobile Internet devices and technology for small and medium-sized businesses.
"I'm not really concerned," Henning Kagermann, CEO of business-software maker SAP AG, said in an interview this week. "Even if growth in IT spending slows, it's always a question of where people are going to put their money."
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