Archive for October 12, 2008

When to sell in a falling market

I am not an investor in shares only investing in index options when I feel that either a major shock is coming or one has been oversold. If however you do hold shares, I would remind you of something that my uncle taught me back when Read the rest of this entry »

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A whole generation of talent wasted

Top graduates have flocked to the financial services sector for decades. Employment in this sector has ballooned. These jobs have not been created to support the two key roles of the financial sector  – allowing money to be used efficiently as a method of payment and lending to solvent borrowers – but to play at the casino table that was created by ever more lax regulation in the face of global competition for the provision of financial services.

The financial sector will massively Read the rest of this entry »

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Parrallels with pyramid selling or MLM

Pyramid selling or multi-level marketing has some interesting aspects to it and some firms have applied these aspects to their distribution models very effectively. Others have applied them less effectively and even dangerously. One sector that has applied some of the principles of pyramid selling is the financial services sector. Here’s how. Read the rest of this entry »

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