Saturday, October 2, 2010

Stock Market Investing Tips : Investing in Gold Futures

Stock Market Investing Tips : Investing in Gold Futures 

Investing in gold futures is done by purchasing a contract for gold at a later date but paying for it now. Understand more about gold futures and the difference between a spot price and futures price with tips from a futures and options floor trader in this free video on investing.

Expert: Mark Griffith
Bio: Mark Griffith has graduated in economics and philosophy at Clare College, Cambridge. He has been a futures and options floor trader at LIFFE (London International Financial Futures Exchange).
Filmmaker: Paul Volniansky

Interest rates working for you or against you ?

According to Robert Kiyosaki, author of Rich Dad, Poor Dad, the principle difference between rich people and poor people is that rich people have interest rates that work for them — making them money — and poor people have interest rates that work against them — costing them money.
In more detail, rich people make purchases up front rather than using credit or accepting long-term contracts like mortgages or car payments, and they own financial instruments or businesses that make money on their own over time. Poor people need the basics, such as a vehicle and a place to live, and they purchase those things using long-term contracts that end up costing them more, in the long run, than the initial price of the item. When they don’t have enough money to pay an outstanding bill, their only option besides losing access to something vital like hot water or their car is to use credit — which means more debt automatically piling on every month.
via http://all247news.com

New Planet: There is Life!

Astronomers from UC Santa Cruz have announced the discovery of a distant planet they say is capable of harboring water on its surface, which would potentially sustain life. One of the discoverers said that he believes the chances of life on Gliese 581g is 100 percent, but others have expressed caution noting that the planet's density, atmosphere, and composition are still uncertain. Space Entrepreneur Jeffrey Manber explains that this new planet is just right and could support life.

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