What is Drop Shipping - The advantages and disadvantages

I been doing research on the ‘drop shipping’ recently, looking at the opportunity to sells online without having to stock or having huge warehouse to compete with all my big brothers around!! There are always advantage and disadvantage when come to Drop sipping business

What is Drop Shipping?
Drop shipping is a supply chain management in which the seller does not keep goods in stock; however the seller will transfers the customer orders with shipment details to the wholesaler and in some case to the manufacturer directly who will then ship to buyer (the customer). The profit make by the seller is that the different between the selling price and the purchase price (which payable to the wholesaler or manufacturer)




Advantages
You can start your Drop shipping business at a very minimal investment, by just having a basic functionality such as a website, a domain name, web hosting service and mechanism to process the payments (example credit card or paypal) if you serious about the business; without having to stock goods

For cheaper alternatively, you may list on Ebay or Amazon which already prebuilt with the required functionality, as well as huge customers base

Disadvantages
There are risks in business as well as Drop shipping business, many cases is that the items which sold ‘OUT OF STOCK’ and you need to backorder and delay the delivery to your customer. In this case, the chances of getting a ‘NEGATIVE’ comments on your store or website is potentially high which may ruin your business reputation

Time and effort to search for a reliable Drop ship partner, which able to deliver the items as per describe, products quality and others among the consideration

Asian markets diverged at the close

KUALA LUMPUR: Key Asian markets diverged at the end of Wednesday's trade, despite news flows from the world's second largest economy that lifted sentiment after a survey by HSBC Holdings Plc and Markit Economics indicated that manufacturing in China might contract at a slower pace this month. However, this came against a backdrop of weaker corporate results in the United States and concerns about further deterioration in the euro-zone economy. At 5pm today, Tokyo's Nikkei 225 dropped 0.67% to 8,954.30 while Hong Kong's Hang Seng Index was higher by 0.31% to 21,763.78. The Shanghai Composite Index was 0.07% higher at 2,115.99 while South Korea's Kospi Index dropped 0.67% to 1,913.96. Singapore's Straits Times Index dropped 0.20% to 3,044.73 while the local bourse's benchmark index was up 0.19% to 1,667.99. At Bursa Malaysia, gainers outpaced losers by 411 to 271 while 338 other counters were traded unchanged. There were 1.13 billion shares done with a total turnover of RM1.466 billion. Among the gainers were UEMLAND which rose 22 sen to RM2.15, ASTRO which was up 17 sen to RM2.89 and SUNWAY which gained 19 sen to RM2.50. ASTRO was also the top most active stock today, with 64.64 million shares changing hands. UEMLAND was the fourth most active stock today, with 39 million shares changing hands. The losers includedAIRASIA which fell 5 sen to RM3.04, TAKAFUL which lost 9 sen to RM4.69 and MAYBANK which fell 5 sen to RM9.00. At 5pm today, Nymex crude oil in electronic trade was US$0.05 higher at US$86.72 per barrel while Brent crude rose US$0.38 to US$108.63. Spot gold rose US$1.77 to US$1,709.40 per ounce while spot silver rose 21 cents to US$31.90. Crude palm oil futures for January 2013 delivery rose RM24 to RM2,564 per tonne. The ringgit was quoted at RM3.06 to the US dollar and RM3.96 to the euro.

(Source: Thestar.com.my)

How to retire Rich - How much does it take?

Back in the day, $ 1 million was the symbol of wealth and this amount is sufficient for an individual to consider for retirement. The ‘back in the day’ is referring to 20 or probably 30 years ago and along with the inflations, what does it take now for a retirement?

So let’s start with a simple calculation with the same magic number of $ 1 million and is earning 3% of interest per year. Imagine using a withdrawal rate of 5% or $50K a year (I assume 50K is a standard living cost per year for an ordinary individual), then the whole piece of $1 million will be fully wiped out just in 12 to 13 years from your retirement.

Personally, I would not consider retiring at the age of 55 with the saving of jus t$1 million. Some of the factors you should consider before retirement as below.

1) What, I’m going to do during after my retirement?
Free time isn’t free, so don’t assume you’ll be spending less money. Most of the time people will be going for vacations or working out their free time; which you needs money (example foods, transportation and so forth).

2) Do I have sufficient saving for my retirement?
Again we are talking about money (cost of living). We should consider with the amounts of saving, what are the lifestyle that the person can afford?

Now re-think again, the $1 million can just last for 12 to 13 years. Would you considering retiring at the age of 55? And how much do you need for retirement?

Credit Card Info

What is Credit Cards
Credit card is a card (usually plastic made) issued by financial intuitions to their customers or known as card holders. Credit card allows the holders to make purchases of goods and services on credit.

How Credit Cards Work
The issuer of the card will set a credit limit or line of credit to it holders, which determine how much the holders can borrow for payment to merchant or for Cash withdrawal via ATM in the form of cash advance

The issuer will bill the holders at the end on the billing cycle on monthly basis. The card holders must pay the bill in full or at least a minimum payment before the due date as agreed. There will be an interest charge to the card holders if the bill not paid in full amount, until the debt is settle. It’s not wise to ‘owe’ banks on the credit card bill, as the interest usually much higher than any form of loans - example personal loan. Folks, hence please spent wisely on what is really needed and within your limit. Based on the statistics, there are many bankruptcy young adults due to ‘bad debt’

Of course, credit card giving lots of conveniences to the holders without the need to carry huge sum of cash; example down payment for a car or any big purchase as long as the purchases did not exceeded the credit line or limit agreed with the issuer

a) Interest Charges
There will be interest charges to the Credit Card holders if the balance not paid in full each month on the outstanding balance

Let’s take an example based on John case study, if John had charged $500 on his account and repaid in full within the grace period (is a interest free period between statement date and due date), then there would not be any interest charge. However, if John only paid $400 or which mean $100 unpaid, interest would be calculated or charged until full payment or settlement. The interest charges and other details usually can be found in the cardholder agreement documents.

b) Balance Transfer
Balance transfer is another powerful tool or mechanism which good to both the issuer and card holders. Usually, Balance transfer allows the card holders to transfer the outstanding amount from existing issuer to other issuers; Example from Bank ‘ABC’ to ‘DEF’

Banks is using Balance Transfer program to attract new customers by allowing the card holders to transfer the balance from one to the other. Most of the time, the cards holders will enjoy lower interest rates for the transfer and also can be converted into monthly repayment (tenure). This is beneficial for card holders who has a huge outstanding amount.

c) Credit Card Security
Credit Card security is the main threat to both the issuers and card holders. In view of the technology advances, the Credit Card security has been changed since the early day of magnetic stripe which tend to clone to the advance chip with many built in security features.

Based on the expert, below are some of the tips on cards security
- Do not leave your card unattended
- Do not reveal the card information to unknown person
- Do not write your pin on the card or anywhere visible. Remember it
- Enroll the card security verification such as 3D security code

Get a car insurance quote online

Car insurance renewal is the normal routine for all car owners, however in the past this could be a nightmare to arrange for a car insurance quote especially when comparing against multiple insurance company.

With the advances of technology, the car owners can now get a car insurance online from home or office. Usually, to get the a car insurance quote online; we need to have at least the following information ready before attempting the online car insurance quote search. Of course a working desktop/laptop with Internet access as the prerequisite

a) Zip Code
b) Amount of coverage or comprehensive plan
c) Vehicle types
d) Age and owner details

Finding the car insurance quote online
There are many insurance companies out there on net providing online car insurance quote. Some of these companies may lower their premium price to win the customer, which mean that the cheapest quote doesn’t mean the best when come to buy a car insurance online.

It’s recommended for you to obtain at least 3 insurance quotes online from different company and do your own comparison in term of price versus the coverage, also importance to check the policy exclusions document. Back to the basic, do a very details comparison before sign up your car insurance online.

Guide to Foreign Currency Trading

While foreign currency trading offers its rewards, especially when you are able to trade in major currencies like the US dollars and Euro, caution against advertisements and brokers that offer instant riches must be observed.

There is move to regulate foreign currency traders. Unfortunately, not all in the industry are registered. Not entirely illegal, many unregistered brokers populate the financial markets. Extra precaution is suggested for individuals and companies when they deal with Forex brokers.

The United States has passed a federal law, the Commodity Futures Modernization Act of 2000 that gives authority to the commission to investigate suspicions of frauds in the transactions.

Frauds in Forex trading have telltale signs and you must be aware of these. Be wary of schemes that offer quick riches. An experienced Forex brokers will tell you currency trading is not a risk free business and only those with real analytic methods can succeed in the field. And, even when projections seem sound, there is no way of telling exactly how strong a currency will hold out against many factors. So watch out for those who promise large profits no matter the economic condition is.

Most brokers ask for margin investments. If you are not fully aware of how this works, do not venture into it. You may be losing s more than you earn in the long run. Beware also of the “interbank market” service that brokers may offer. In reality, only large banks, corporations and investment institutions have access to this loose network of currency traders.

To be sure about the credibility of the brokers you are getting, study their profiles and company background seriously and extensively. Stick with a shortlist of firms that are registered with the regulatory commission on commodity futures.

End of the road - Bankruptcy

In today community, we are seeing more and more young people walk into the bankruptcy.  If possible, majority of people would not prefer to meet a bankruptcy judge. If have, just too bad and too late for you to set the thing right when deep in debt.

People are walking into a very wrong path, especially for young people and many of them are professional!! Some of the people who being call for bankruptcy, with debt of more than their annual income by hundred of percent!!

Imagine the number of debt is not controlled by all in a country; a potential economy crisis is waiting

Some of these cases may be explainable (safe to say ‘unavoidable’), such as job loss, medical condition (without insurance coverage) and so on.  The other majorities of bankruptcy case are avoidable with high percentage due to Credit Card debt, and should take note of

a) Always set a spending budget and allocate a percentage for saving / investment.

b) Spend within your limit!

c) Do not own too many credit or charge cards, as usually comes with fees and changes. Imagine a card with $100 service charge p.a., and you holding 5 compared to 2?

d) Finish off your credit card bills every month to avoid interest charges

e) Find a certified financial planner to help you with the planning if needed

f) Contact your banks to discuss on the re-payment schedule and readjust the interest charges, if you having problem in paying your bills. These to avoid a very bad credit scores

Lastly, responsible person is coming from home; parents’ too educate their child about Financial planning.  What your view?

Reasons Why You Should Consider Paying For Your Traffic

There are numerous success stories you will hear about businesses making it good on the internet . The troubling thing is, there are maybe a tenfold or even a hundredfold of stories inconsistent to theirs. Many have unsuccessfully launched a business venture that is internet based but only a handful shall succeed.

Is this because of luck? That is even more remote. It takes good business sense and a lot of help and team effort. Most importantly, it is the eagerness to succeed and the persistence to learn and the willingness to put in a lot of hard work and some money.

However, before shelling out your hard-earned money on advertising, here are three (3) smart reasons why you should consider paying for your traffic including common-sense methods of showing you how to prepare your website.

1. The quickest method for getting customers to your website is to pay for your traffic.

Like Neo, traffic is 'The One' . Without traffic, all your efforts would just go to waste. Every business needs customers, without them you wouldn't have anyone to sell your products to. In the Internet world traffic is the walk in customer. The more traffic you possess the more people you'd be able to sell your products to.

But similar to any business that's in every corner building or in the mall, not everyone that goes in will buy. But for those who do come in to browse your merchandise, most of them will buy your products. It is a clear and known fact.

 But, how do you get traffic, traffic great enough that could make a small portion of resulting buyers enough to make a fair profit. Many big companies generate traffic of tens of thousands a day and a measly ten to fifteen percent actually buys, but that small percentage is enough to supply them with adequate business.

Many of these success stories get their traffic from paying others. Yes that's right; you have to spend money to make money. Advertising is the key. The more people who know that your site exists the more people would of course go to your site, that's common sense.

While there are numerous ways to get free advertising for your business, free advertising doesn't generate the same high volume of traffic as paid traffic does. Paid advertisements include such advertising schemes as those offered by Google and Yahoo.

2. In order to take full advantage of the search engines, make sure that your site is properly optimized to rank high before paying for your traffic.

Search engines are the fastest and easiest way for finding what you need on the internet . Search engines are extremely popular because they provide an indispensable service to many people. They are free and easy to use. Because of their popularity, search engines receive many visitors as well as click throughs . With these benefits in mind, it is easy to see why so many companies would pay to advertise with search engines.

Search engines provide information to the millions of users they receive each day. They provide relevant links to many sites that a user may be looking for. If your site's link pops up as one of the top ranked sites on the search results page, you stand a great chance that the user will click your link and go to your site. While search engine optimization is a cheaper and low cost way to get your site a high rank, paying for advertisements will ensure that you will be on the top ranks.

When you pay for your advertisements, it is like paying for guaranteed traffic to your site. This may not seem like a good idea at first, but the benefits of doing so far outweigh the cost in the long run. When you pay for your traffic, you are guaranteed a consistent flow of traffic to your site. You will at no time go without making a sale on any given day.

3. Find and use tools that will aid you in researching relevant keywords for your chosen niche so that you don't waste money on advertising.

Normally, you will be charged with the number of hits a link gets when your ad is clicked, this is known as pay per click. For some search engines, you will be charged with the number of times your ad shows up when a certain keyword or keyword phrase is searched. It is imperative that you have good keyword content in your ad. There are many tools on the Internet which can aid you in using the right keywords at the right moment in time.

All the money you spend in paying for your traffic will not be for nothing. You will get an impressive boost in traffic which will also result in a great boost in your sales figures.

Wealth management

We often hear about wealth management for high net worth or other word ‘Rich!!’ individuals. The experts suggested that wealth management is not only for the rich, people from middle and lower income should also have their wealth management to achieve the financial goals. I’m not a rich, thus the article below is based on my personal thinking and this how I manage my small peanut.

What is wealth management?
Wealth management is all about managing your wealth or extra funds to achieve a financial goal. Example to ensure capital invested whether in stocks or mutual funds to remain intact with ‘awesome’ returns at the end of the day. Risk management of investment is part of wealth management.

How do I start?
You should think and decide on how your money should be managed. Create a financial situation and goal before go further. You need to consider the following too

- Understand your personal financial goals and constraints
- Analyze your financial position using net worth and cash flow
- Assess your risk (e.g. Do you need insurance to protect your asset in the event of accident / sickness  / fire  
  or disaster)
- Plan your Tax
- Estate planning
- Plan your retirement

Once you got all the above answered, then you should think on where and how to invest. Look out for something as below

- Investment type that familiar with
- Better overall return
- Easy to pull out (in case you need money)

Have a good wealth planning you walk you through a better future!! What you think?

5 mistakes made by people without a financial plan

Without a financial plan, there is no way to gauge your financial status. You would not know how far from financial freedom, also when to retire and again when and what next.

In life, it is just too easy to make mistakes and waste your opportunity to create wealth. Some common mistakes that people make as below:

a) Buy to too big house
Majority of house buyer would consider the affordability, such as down payment, monthly expense and installment. All these consideration are ‘current’ decision, have you think how the purchase affect your future ability to achieve your goal?

Without the financial planning, you would not able to identify the real cost. Example, you may need to adjust your children College fees to continue serving the mortgage installments

b) Planning and response too late
Without starting your financial planning early, you would not able to determine or make decision on your expenses versus investment. Normally, we take it easy and until too late to response or do corrective measures.

c) Under save
Without a financial planning, you would not able to estimate how much to ‘save’. Likely, the actual saving may be lesser than actual. Trouble is just around the corner!!

d) Retirement timing
One of the importance factors to consider during the financial planning is to have good retirement timing. Without a proper assessment on your financial status, you may end up retire to early and finished all savings. Worst case, back to job market at the older age!!

e) Invest in unsuitable products
Without carefully assess your financial goals, you won’t be able to identify ‘what the best’ out of the many investment products. Example, what the ROI and risk?

Finally, the lesson here is that to list down your financial need with a proper assessment without delay. Financial freedom is on the way!! what your thought ?

How to Dropship online business

The intention of this article is to introduce the home business online with minimal start up capital and time.

Everybody dreams to own their own online or physical business and in which usually difficult to be materialized, due to either lack of capital or time. Thanks to the Internet, now everyone can start their online home business and work anywhere anytime they want.

Ladies and gentlemen, introducing to you the dropship online business! Wait a minute, what the heck is the dropship business? See answers below

What is drop shipping?

Is a new supply chain management approach in which the retailer does not keep goods in stock, but these retailers will transfer the customer order details to the wholesaler or manufacturer for stock shipment back to their customers. They reap the profit on the difference between the retail and wholesale price.

The advantage of drop shipping as below

World wide brand products, no storing or inventory handing, as you no need to buy and keep the goods upfront. Simple choose the products that you wish to sell from the wholesaler inventory, publish and wait for buyer. If someone, make a purchase from you; then just direct the order details to the wholesaler for shipment to your customer.

No shipping and packing, as your sales will be take care by the wholesaler (of course you need to clear the payment and submit the order details). It’s the wholesaler duty to pack and ship the items to your customers. Best thing is that, usually the sender details is “your company name”; making the whole process almost transparent. Sound how great?

Flexibility to choose many products and select the best, where you have the power to choose and compare the finest products from categories for you to sell online. You can also choose many difference products from many wholesalers from the comfort of home. No more travel!!

Capital (not a problem). Basically, you can start with almost “Zero” or minimum capital by advertise on Ebay or Amazon. There are free listings on Ebay (however, you only can publish small number of items at a time).

Minimal risk as you have nothing to lose compared to people own a physical shop and goods. I think an individual only risk the time or work done if the dropship business fails.

After all the long explanation on the dropshipping, this new generation business sound really great to myself in general. Start your online business today at minimal risks by registering to dropship manufacturers online.

How to safe guard your credit cards?

In today modern society, everyone is having at least a credit card that brings aa world of convenience to the card holders. There is no need to bring think wads of money around either for shopping to meals. However, using credit cards also have risks such as stolen or fraud if you not careful. To safeguard your credit card against fraud, you can take note of the tips below to safeguards your credit card

a)     Sign the card on the spot once your receive it

b)    Immediately report the lost or stolen card to the Credit Card Center

c)     Do not reveal your credit card details to any unknown party

d)    Do not lend your card to anybody

e)     Treat your credit card like a cash

f)     Do not bring or carry your Personal Identification Pin (PIN) together with your credit cards

g)    Keep the issue bank contact number in case your need to make a report

h)     Cut your expired credit cards when you receive your new one from the bank

i)      Always check your credit card transactions and details / slip before signing the slip

j)      Destroy all transaction slips or records before dispose

Adsense application rejected

I applied to Google Adsense immediately after published my first blog posst. After waited for an approximately three hours, Google Adsense team responded to my application via email with subject line 'Google AdSense Account Status'. I was so excited and thought that my application approved until I opened the mail, which really turning my feeling from exited to frustrated. The email contents as below

"Thank you for your interest in Google AdSense. After reviewing your application, our program specialists have found that it does not comply with our policies. Therefore, we’re unable to accept you into Google AdSense at this time. We did not approve your application for the reasons listed below. If you are able to resolve these issues, please feel free to reply to this email for reconsideration when you have made the changes."

Why the Google Adsense application was rejected?
There can be many reasons for having a rejected application. Usually the common problem could be due to insufficient contents, invalid web URL or email address or incorrect personal when filling up the online Adsense application form.

How to Get Google Adsense Approval Fast?
a) Publish at least 10 articles or hubs before resubmit your Google Adsense application. One of my failure was not having sufficient contents. Instead focus on building more quality contents and traffics.

b) Recheck your application form to make sure that all details in provided in the Adsense application form are accurate.

Alternative to Adsense
Many publishers having their Google Adsense application rejected due to their stringent policies. Some of the these publishers just not able to get their Adsense application approved after trying for long time.

I had the same problem before and my application was not accepted by Google Adsense. In fact there are many players out there other than Google Adsense that worth to try. However not doubt that Adsense is still the best in online advertising industry. Here are some of the online advertising network that similar to Google Adsense

a) Infolinks
b) Adbrite
c) Yahoo! Publisher Network
d) AdBrite
e) Chitika
f) Kontera
g) Clicks

Why You Should Trade FOREX Over Other Investments

The conventional trading was only being focus on the stocks or shares that we all well understood. Actually the Forex (foreign currency exchange) trading has more advantages compared to the old fashioned financial markets.

Forex was the backbone and only traded by the banking (who trade billions of dollars daily), governments and companies. But now Forex trading is possible to ordinary people like you and me by just open an account with the best online forex brokers around. The advantage of using online trading platform enabled electronically.  Trading is far easier and less risky than either the futures or the stock markets. Money can be made both on a rising and falling market, unlike the stock market, which relies on shares increasing in price to create profit.

You can learn Forex trading by signing up the free Forex Demo Account before going live. Many part time traders still can earn from Forex market which open 24 hours a day and keeping their day job. With the daily trading volume of 3 trillions worldwide, you can easy make some dollars out of it.
Forex market is traded globally and, unlike the stock market, which has fixed hours, it is a market that never sleeps. Somewhere in the world, at any time of day or night, Forex is open for business, six days a week. The market starts each day in Sydney and moves around the globe as other Forex financial centers open: first to Tokyo, then London and New York.

Currencies are traded in pair, for an example the Euro and the US dollar (EUR/USD). The first currency – in this case the Euro – is known as the base currency; the second currency (here, the US dollar), is the counter-currency. All trades result in the simultaneous buying of one currency and the selling of the other. Thus, in this example, if you place an order to buy the EUR/USD, you are buying the Euro and selling the US dollar. If you were to sell the pair, you would be selling the Euro and buying the US dollar. There are many other currency pairs, such as USD/JPY, GBP/USD, EUR/GBP, USD/CHF and so on.

What makes trading FOREX an incredible way to make money online, is that price movements are highly predictable, creating trends that can be anticipated when it comes to decide when to buy and sell. Contrasting with stocks and shares, FOREX trading through brokers is commission free. It is also possible – and definitely recommended – to open a demo (practice) account with a broker first, where you can learn to trade and gain experience before you part with a cent of your own money.

Winning Strategies With Forex Charts

There are two fundamental approaches for online Forex trading namely fundamental analysis and technical analysis. The fundamental Forex analysis do not rely on charts. IT merely depends on the political and economic indicators to move the prices up or down.

On the other side the technical analysis much more about predicting price movements based on the historical price activity. The economists use technical analysis to study the relation between price and time. In this blog, we are going to discuss about the winning strategies with Forex charts

In any of the trading sessions; the most actively traded currencies pair is the Euro and the US dollar. There are divided into left hand side and right hand side which forming a pair. Forex charges will always display how much of the currency on the right hand side is necessary to buy a unit of the currency on the left side.
For you to know when the best time to buy or sell a currency, the traders observes the price and time movement on the chart. The charting tools could be a bars, lines or a pivot point.

By using a Japanese candle stick. Longer candles will have had more price movement during the time that they were open. The top of a candle wick is the highest price for that currency while the wick’s bottom is the lowest price. A currency is bullish when the close of the candle is higher than the open. In simple terms this means that there were more buyers than there were sales during the opening time period. Sometimes the candles will not have wicks. The price opened and it dropped off until it closed.

However the Forex charts do not offer a bullet proof trading hints but they can help trader to understand the previous price for decision making. It would be good to use a combination of fundamental and technical analysis to gauge better and precise information in relation to pricing.

In conclusion the technical analysis helps you to predict the price movements and its not guaranteed. Hence better to use both the technical and fundamental analysis. The best online trading platform usually having both  in a single screen to help better decision making.

Forex trading and world events

Forex prices is very sensitive to the world news and events happening everyday. The more chaotic the event the more higher the risk a Forex trader must face, or the better the rewards

There are advantages when comes to Forex trading and or course the obvious one is the reward in term of money or profits. But Forex trading is always not an easy task, you need to first acquire knowledge to trade in Forex market.

In general there are two kinds of analysis you can perform on the Forex markets. They are known as technical analysis and fundamental analysis. Generally you need both of them if order to be successful.

Technical Forex traders base their trading on the analysis of the charts and indicators, while fundamentalist are based on the fundamental numbers and economical indicators of the countries to gauge the actual currency value compared to the other.

This risky situation is that when unprecedented  chaotic world events start to develop as the trading day goes on. The power of the media (tv, internet, printed) can magnify and sometimes it may even distort the events taking place and impacting the trading journey in a significant manner. The result of this magnification and rapid diffusion of the news about the series of unfavorable events taking place is an increased atmosphere of fear, confusion and uncertainty in the trading world. And fearful traders are not prone to make the best trading choices because they have given themselves to panic and emotional reactions instead of reasoned and intelligent decisions.

If you need to have more specific examples of these kind of events you can search a bit inside your memories and consider the impact of just a few types of unfavorable chaotic world events as the political upheavals or corporate scandals of companies as; Enron, WorldCom, or of people as the case of Martha Stewart trial, etc. There is also the example of the terrorist attacks on  Sep 11 in New York, March 11 in Spain, etc.  Also natural disasters: tsunamis, earthquakes, floods, freezes, droughts, hurricanes  along with wars can cause great disruption in a trading journey.

In short, every forex trader should be totally sure that his method of trading has built-in safe guards (stops, limit orders) to prevent a major financial loss from his trading account in case any of the unfavorable events I mentioned above ever  takes place. And being realistic, many of those events will surely happen in the future.

Free Forex Trading with best online forex broker

The best online Forex brokers are usually offering free demo account to beginner to test and experience the Forex market as real. They walk through the same process from making decisions based on news, tracking performance like a professional Forex traders to reacting to trading patterns

All this is for free and thanks to the state of are software and Internet. You can start trading for fun without putting any real money as deposit to start. You gain experience about how Forex transactions are placed once you start placing demo trades. The demo Forex trading account allows you to become familiar with the trading rules and procedures such as placing an order, limit order, good till date and many other functions in order to become a professional

You won't lose anything but making a big gains from the free Forex trading account by learning all the skills and terms. Usually the best online Forex brokers offering state of art software such as latest Metatrader platform with the best charting software. All the critical indicators and tools that you need should be also included and possibly an automated trading

In summary, practice using the demo account provided by these online Forex brokers. Make sure you are really comfortable before placing a real trade with you hard earn money.

Foreign exchange Buying and selling Philosophy

Most of the people are being captured by the so call best forex brokers that offer "high returns" with low investment. Forex trading is not an easy task that required complicated financial skills.

Mistakes Of The Beginning Trader

The most common mistakes that many beginner traders make is without a strategy and letting emotions rule their trading decisions. Most of the time, once the trading account is approved they dive right in and started the trading. Without a discipline when comes to online Forex trading is guaranteed to lose money.

Understanding Market Movements
A trader must be well educated in market movements in order to make rational trading decisions. This including the ability to apply technical studies from plot out entry to exit points, to take the full advantage of all orders placed to minimize risk

Money Management

Money management is an integral part of any trading strategy other than knowing which currencies to trade and how to recognize entry and exit signals. Successful trader has to manage his resources and integrate money management into his trading plan to avoid further losses and maximize profits

For an example, when entering a position try to limit your risk to 1% to 3% of each trade. This means that if you are trading a standard lot of $100,000 you should limit your risk to $1,000 to $3,000. You do this with a stop loss order 100 pips (1 pip = $10) above or below your entry position.

In conclusion, forex traders must have self discipline in order to be a successful forex trader. 

Route to Private Pilot License

Flying has been my ambition long time since childhood; however the wish can’t be realized despite trying hard in enrolling the Airlines cadet pilot program. Honesty, I have no clue to how the selection or criteria that an airline is looking at.

While surfing on the flying stuffs on the Internet, I noticed that someone could actually fly for leisure by taking the Private Pilot License (PPL) at flying schools. I enrolled with one of the flying school at the nearby Airport (which used to be an International Airport, IATA code SZB).

This article is to share with all the Hubpages readers on the path to Private Pilot License in general. Note that each country has own aviation rules which govern by the local Aviation Authority. The tips as below

-          Do your own research on the flying schools available nearby your area, you need to check the type of aircraft available for rental and training, training fees such as flying kits, books, and flying hours.

-          Set an appointment with the school for a visit to know more about flying and the school. You can also request for a trial flight during the visit.

-           Sign up and set the schedule on the ground and flight training. Ground training or class training usually guide you about the aviation laws, radio, and many more; while flying is more to hands on in controlling the  actual planes. At this phase, you will be issued with a “Student Pilot License” for flight training. You need to achieve certain flying hours with flight instructor before able to perform solo flight and exam.

-          Schedule both the paper and flying exam ahead with the local flying authority for the paper and flying test as final step to Private Pilot License

-          Once you obtained you Private Pilot License, continue to flight on regular basis to keep you license valid.

It’s recommended for anyone who interested in obtaining own private flying license to consult with the local aviation authority for more details. Flying can be very costly as well as to main the license valid. Good luck to all

Hotel room safety tips

Many of the travelers are not aware of the hotel room safety and/or exit procedures during an emergency. Based on safety and security in hospitality industry report, most of the business hotel rooms or normal guest  wouldn’t be bother to read the hotel safety checklist and safe advice which usually ‘pasted’ at the back of the door; just be because we are too excited when about to leave the room.

Some basic tips to protect your assets or life as below:

a) Keep the room door locked at all times and fasten the security chain if you’re inside the room as added security measure. This would not cost you anything!

b) Cross the door is properly locked when leaving the room. You can try to re-access to ensure it’s really locked.

c) Check and ensure Windows are locked every time leaving the room. Thief could be entering the room via the windows.

d) Always read the room tips and emergency exits which usually pasted on the door. Understand and remember the fire exits near to you if case of fire.

e) Do not open the door to stranger and engage with security personnel if required. You can call the Hotel reception counters for further assistance.

f) Use the safety box provided by the Hotel to store valuable items such as passport, cash, jewelry, wallet, Credit cards or anything items as appropriate. Do not leave any valuable items such as laptop or gadgets lying around the room without proper monitoring.

g) Make sure all electrical items are switched “Off” if there is no smart system in room, to avoid any potential fire and failures to your items. Also always ask the power requirement before using any of your own electric appliances, as the power supply may be differ than the one in your country which could cause power trip.

Above all by taking extra precaution steps can protect you and your valuable items from danger. Finally staying safe and be safe! 

Marina Bay Sands, Singapore

The Marina Bay Sand, Singapore is one of the new tourism spot and can be considered as an icon to Singapore based on opinions. This integrated resort is developed by Las Vegas Sands with approximately $8 billion including land.

The Marina Bay Sand, Singapore

On my reading from Internet, Marina Bay Sands resort has 2, 561 hotel rooms, a casino, convention center, restaurants, a museum. The most outstanding design in the SkyPark which located on the top of the towers with an infinity swimming pool, that’s set on the of the world's largest public cantilevered platform

Marina Bay Sands Sky Park - Infinity Swimming Pool 

Marina Bay Sands Sky Park - Top View

Well the hotel room is a bit pricey for economy traveler which easily cost you between $300 and $400 on Hotel promotion rates sometimes on Agoda website.  However, you can get some of the good 5 stars hotel near Marina Bay Sands for $200 to $250; which sounds like to be solution to budget travelers as below:

a) Ascott Raffles Place Serviced Residence (5 stars)

b) The Fullerton Bay Hotel (5 stars)

   

The Orchid room at Marina Bay Sands

Marina Bay Sands, Club Room

Above all Singapore, its quiet easy to move around in Singapore with the buses, taxis or even MRT system. Perhaps, you may also want to check out other Hotels at lower rates with nearby MRT station. The money saved can be re-use for entrance ticket to Marina Bay Sand, Sky Park. Remember to try out your luck and
make some free expenses from Casino. Good luck!!

Selangor state, Malaysia

Selangor is located on the west coast of Peninsular of Malaysia, and covers an area of approximately 7,960 square kilometers. Selangor state also the most populated state with the total population of approximately of 4.4 million of people.

Selangor is home to the Kuala Lumpur International Airport (KLIA) at Sepang, which is also the most advanced airport in the region; as well as Port Klang which is the largest port of Malaysia. There are many well known places in Selangor such as

• Shah Alam Lake Gardens
• State Secretariat Building
• Bukit Kayangan Palace
• Shah Alam Gallery
• Shah Alam Sport Complex
• Sultan Alam Shah Museum
• Wet Word Water Park
• Sultan Salahuddin Abdul Aziz Shah Mosque
• Malaysia Agricultural Park
• Stat Monument

Selangor can be considered as most developed state in Malaysia and still rapidly progressing with Putrajaya the home to Malaysia Government Office Complex and also the silicon city, Cyberjaya. Many multinational companies have their offices here such as IBM, HP, HSBC, Satyam, DHL, Atos Origin, T-system, Shell and many more.

Alternative to Adsense

There just too many people got banned from Adsense program, and majority of these people may not commit to fraud case (example victim of clicks bomb by other visitor). Some of the people are just not able to got their Adsense application approved, because of the tighten policies or some unknown reasons.

I had the same problem before, as my application was not accepted despite trying for countless time. I decided to share my homework done by myself to source for alternative programs that similar to Adsense during the period here.

Here are the example sites like Adsense, that’s worth to try (I only list some that familiar with)

a) Infolinks

This is in text advertising, if you see in some blog and websites; whenever you point you mouse cursor to the underline text. A small box will pop up displaying the ads, you got rewarded if people click on it. Also, you can use Adsense with Infolinks to maximize your site income.

The rewards are slightly higher compared to the in text advertising companies around, not to mention the easy approval.

b) Adbrite

This is the second popular ad network after Adsense. Adbrite allows you to manage the ads to be displayed on your site. You need a Top Level Domain (TLD) in order to publish or participate, but you may check again with them to confirm.

c) Yahoo! Publisher Network

Similar to Adsense, and easier for US citizens when come to the application

The above 3 ads network worth to try for those having difficulty with Adsense, and always check the details before signing up!! Anyone publishing using the above please leaves your reviews/comments to help the rest

Google Adsense - Highest paying CPC in 2012

Many Adsense publishers have been wondering what would the highest paying CPC 2012 for Adsense

So far the most expensive keywords as  below which is more than USD 100 dollars each

mesothelioma lawyers (approx US 118 CPC)

mesothelioma attorneys (approx US 116 CPC)

mesothelioma law firm (approx US 113 CPC)

mesothelioma law (approx US 112 CPC)
mesothelioma lawsuit (approx US 102 CPC)

Then the next best would be Forex and Insurance

Best Adsense CPC for Forex

Forex Brokers

Forex trading

Forex platform

Best Adsense CPC for Insurance

Get your online auto insurance quotes

Online insurance quotes

Crucial Elements For Jumping Sales Numbers

Marketers from every niche have common ground when it comes to bills.  Yeah, every month there’s a new stack of bills demanding to be paid.  Will there be enough profit to slide right through bill paying time without a flinch?  Or do you find yourself fretting about whether you’ll even break even?  You don’t have to be victimized by envelopes and 8x10 sheets of paper.  Implement these 3 techniques to boost your sales.

1.  Find More Customers
The first thing that comes to mind when we think of making more money is getting more customers through our doors.  In fact, the majority of advertising focuses on doing just that.  There are several things you can do to entice more customers to buy from you.

Implement Follow-Ups
Marketing gurus have discovered that follow ups can increase your customer conversion rates by as much as 50%.  Now, that’s a whopping improvement!  Don’t let potential customers fade away.   Keep the doors for future communication open, and watch the drastic growth in your profits.

Encourage Referrals
Every satisfied customer will tell 3 friends or family members about your business - without encouragement.  Imagine what would happen if you start rewarding their efforts.

Get Free Publicity
Nearly everyone keeps a sharp eye on the local news.  Hey, it’s funner to know what’s going on when you personally recognize the names and faces in print!  Find ways to make your business newsworthy and catch the attention of potential customers without even paying advertising fees.




2.  Sell More Per Customer
Think about it... how can you get every customer that walks through your doors to spend more money before walking back out the doors?  Here are 3 sure-fire, profit increasing tips:

Increase your prices.
Hey, that might not be as bad as you think.  Along with the price increase, focus on increasing the perceived value of your product.  Yeah, we all expect to pay a little more for high quality stuff.  Not everyone is bent on finding the absolute cheapest price in town... they may be more interested in lasting quality.

Add some higher end products or services to your business.
It’s never wise to put all of your eggs in one basket.  That’s why wise marketers diversify their products and services.  Think of it this way... higher priced products may not make as many sales, but each sale will bring in a much greater profit.  You don’t need to make as many sales to come out on the best end of the deal.

Upsell
Offer every customer an additional product that accents his current purchase at the register.  Hey, maybe they forgot they’d need batteries to go with the toy they're getting for their niece's birthday gift!  You can be a hero... a richer hero.

3.  Sell More Often
The fact that it’s easier to sell to the people who know and trust you is obvious.  Sometimes we get so focused on new customers that we miss the gold mine in our own back yard.  Take advantage of the hard work you’ve invested in winning the loyal customers you already have with these ideas:

Create a Special Deal
Show your customers you appreciate them and understand their needs with a special offer catered just for them.  You’ll be thanking them, and selling more in the process.

Add New Products
Increase the number of products you already have available - especially products that your customers have asked for.  They’ll know that you’re looking out for them, and you’ll take their thanks to the bank.

Communicate
Resell yourself on a regular basis.  Don’t forget to let them know about upcoming specials that they’ll appreciate.  Most of all... keep selling them on the benefits of the products or services you offer.

Retire Rich - How much does it take?

Back in the day, $ 1 million was the symbol of wealth and this amount is sufficient for an individual to consider for retirement. The ‘back in the day’ is referring to 20 or probably 30 years ago and along with the inflations, what does it take now for a retirement?

So let’s start with a simple calculation with the same magic number of $ 1 million and is earning 3% of interest per year. Imagine using a withdrawal rate of 5% or $50K a year (I assume 50K is a standard living cost per year for an ordinary individual), then the whole piece of $1 million will be fully wiped out just in 12 to 13 years from your retirement.

Personally, I would not consider retiring at the age of 55 with the saving of jus t$1 million. Some of the factors you should consider before retirement as below.

1) What, I’m going to do during after my retirement?

Free time isn’t free, so don’t assume you’ll be spending less money. Most of the time people will be going for vacations or working out their free time; which you needs money (example foods, transportation and so forth).

2) Do I have sufficient saving for my retirement?

Again we are talking about money (cost of living). We should consider with the amounts of saving, what are the lifestyle that the person can afford?

Now re-think again, the $1 million can just last for 12 to 13 years. Would you considering retiring at the age of 55? And how much do you need for retirement?

National Zoo (Zoo Negara), Malaysia

The national Zoo or known as Zoo negara in Bahasa Malaysia (Malaysian language) is located in Hulu Kelang, Ampang, Selangor, and just around 13KM away from Kuala Lumpur City Center (KLCC) based on Google maps.

This Zoo consist of wide collection of animals from all over the world, as well as an impressive aquarium and aviary. It is considered as one of the most interesting Zoos in South East Asia, with huge areas of facilities, lake and train rides awaiting visitors






"Zoo Negara Malaysia is managed by the Malaysian Zoological Society, a non-governmental organization established to create the first local zoo for Malaysians. Zoo Negara is now 48 years old and has matured into a well-known zoo all around the world. We have a total of over 5446 specimen from 476 species of mammals, birds, reptiles, amphibians and fish."  (Source: Zoo Malaysia official website)


This is one of the 'must' visit place if you coming to Malaysia. For more information such as operating hours, animals show time, getting there, ticketing pricing and so forth can be found here (National Zoo Official website)

What is Drop Shipping

I been doing research on the ‘drop shipping’ recently, looking at the opportunity to sells online without having to stock or having huge warehouse to compete with all my big brothers around!! There are always advantage and disadvantage when come to Drop sipping business

-          What is Drop Shipping?

Drop shipping is a supply chain management in which the seller does not keep goods in stock; however the seller will transfers the customer orders with shipment details to the wholesaler and in some case to the manufacturer directly who will then ship to buyer (the customer).  The profit make by the seller is that the different between the selling price and the purchase price (which payable to the wholesaler or manufacturer)

-         

Advantages

You can start your Drop shipping business at a very minimal investment, by just having a basic functionality such as a website, a domain name, web hosting service and mechanism to process the payments (example credit card or paypal) if you serious about the business; without having to stock goods

For cheaper alternatively, you may list on Ebay or Amazon which already prebuilt with the required functionality, as well as huge customers base

-          Disadvantages

There are risks in business as well as Drop shipping business, many cases is that the items which sold ‘OUT OF STOCK’ and you need to backorder and delay the delivery to your customer. In this case, the chances of getting a ‘NEGATIVE’ comments on your store or website is potentially high which may ruin your business reputation

Time and effortto search for a reliable Drop ship partner, which able to deliver the items as per describe, products quality and others among the consideration

5 mistakes made by people without a financial plan

Without a financial plan, there is no way to gauge your financial status. You would not know how far from financial freedom, also when to retire and again when and what next.

In life, it is just too easy to make mistakes and waste your opportunity to create wealth. Some common mistakes that people make as below:

a) Buy to too big house

Majority of house buyer would consider the affordability, such as down payment, monthly expense and installment. All these consideration are ‘current’ decision, have you think how the purchase affect your future ability to achieve your goal?

Without the financial planning, you would not able to identify the real cost. Example, you may need to adjust your children College fees to continue serving the mortgage installments

b) Planning and response too late

Without starting your financial planning early, you would not able to determine or make decision on your expenses versus investment. Normally, we take it easy and until too late to response or do corrective measures.

c) Undersave

Without a financial planning, you would not able to estimate how much to ‘save’. Likely, the actual saving may be lesser than actual. Trouble is just around the corner!!

d) Retirement timing

One of the importance factors to consider during the financial planning is to have good retirement timing. Without a proper assessment on your financial status, you may end up retire to early and finished all savings. Worst case, back to job market at the older age!!

e) Invest in unsuitable products

Without carefully assess your financial goals, you won’t be able to identify ‘what the best’ out of the many investment products. Example, what the ROI and risk?

Finally, the lesson here is that to list down your financial need with a proper assessment without delay. Financial freedom is on the way!! what your thought ?

Mines Wonderland resort, Malaysia

Mines Wonderland in Seri Kembangan was once the world biggest cast mine, which is now an exciting theme park that houses a musical fountain, snow house, rides and games.

At night, glittering floats parade on the lake while a stunning laser and aqua laser multimedia presentation entertains visitors. The theme park opens from Tuesday to Sunday, from 3.00 p.m. to 10:00 p.m. (close on Monday, except Public Holidays)

The Aqua show at night

a) Water Taxi
Visitors can take the water taxi and cruise along the lake which used to be the largest open cast tin mine in the world. You'll definitely enjoy the cool air at night, while enjoy the great scenery around the lake

The night cruise

b) Snow House
A snow house is located inside the Theme Park with temperature ranging from -10 to -15 Celsius  degree.  The snow house is filled with many interesting games for learning and certainly an amazing experience

c) Mines Wonderland Shopping mall

The Mines mall is the most unique shopping mall in Malaysia, as there is a canal that runs into the mall, that linking the north and south lake (was a ti mines lake) The Mines shopping mail houses more than 200 retail outlets with plenty of car parking bays. The anchor tenants are:

- Giant Hypermarket
- TGV Cinemas
- SenQ and Best Denki (You can get any electrical appliances here)
- Mines Bowling.

d) Mines International Exhibition & Convention Centre

No elaboration required - The place name has explained

e) The Mines Hotels and Resorts
The Mines Hotels and Resorts is located just next to the Mines shopping mall and the Theme Park. Would suggest visitors to do booking / reservation in advance to avoid any disappointment

Getting to Mines Wonderland Theme Park
The Mines Wonderland Theme Park in Seri Kembangan is just about 40 minutes drive from Kuala Lumpur City Center. This theme park is also accessible using the KTM commuter trains and stop at Serdang train station, then cross the highway on the overhead bridge and walk for about 15 minutes to the theme park.

End of the road - Bankruptcy

In today community, we are seeing more and more young people walk into the bankruptcy.  If possible, majority of people would not prefer to meet a bankruptcy judge. If have, just too bad and too late for you to set the thing right when deep in debt.

People are walking into a very wrong path, especially for young people and many of them are professional!! Some of the people who being call for bankruptcy, with debt of more than their annual income by hundred of percent!!

Imagine the number of debt is not controlled by all in a country; a potential economy crisis is waiting

Some of these cases may be explainable (safe to say ‘unavoidable’), such as job loss, medical condition (without insurance coverage) and so on.  The other majorities of bankruptcy case are avoidable with high percentage due to Credit Card debt, and should take note of

-          Always set a spending budget and allocate a percentage for saving / investment. You may observe you’re spending pattern and cutting down by months where possible.

-          Spend within your limit

-          Do not own too many credit or charge cards, as usually comes with fees and changes. Imagine a card with $100 service charge p.a., and you holding 5 compared to 2?

-          Finish off your credit card bills every month to avoid interest charges

-          Find a certified financial planner to help you with the planning if needed

-          Contact your banks to discuss on the re-payment schedule and readjust the interest charges, if you having problem in paying your bills. These to avoid a very bad credit score

Lastly, responsible person is coming from home; parents’ too educate their child about Financial planning.  What your view?

A memorable weddings banquet

Wedding banquet tips
In this year has seen many weddings take place, and the most memorable section of the event for me (as guest) is the weddings banquet. Wedding banquets are equally crucial as the rings exchange ceremony, as it is a time to celebrate with family and friends over a great meal.

Well, I’m looking forward for my wedding soon and out of curiosity on the wedding preparation especially on the wedding banquet. I managed to gather some tips which are the ‘miracle advises’ from the newlyweds as below:

• Hire a wedding planner to supervise and oversee all the details and you’ll be able to relax be before and during your big day
• The venue should be centrally situated and accessible with ample of parking
• Do you own research from forums and choose only venue that have good track record and experience in handling weddings
• Be creative with your menu and be sure that your venue is able to deliver good food, as good food always makes a wedding banquet memorable
• Set up a photo booth during cocktail hour for guests to have fun and quick snapshots
• Dress up tables in a variety of settings instead of having them identical to create ‘feel good’ atmosphere
• Complete seating arrangements as early as possible; do not seat guests who do not get along together. Leaving this item to the last minute often creates headache
• Call your guest to confirm on the attendance and special arrangement (example special dietary requirements such as vegetarians)
• Post the layout and seating plan outside the banquet venue for easy reference

Google Adsense – The unlimited money machine

Google Adsense

I started my online business by publishing a simple website loaded with Adsense advertisements. The basic fact is that Adsense is the easiest way to make money online with minimal or no capital. When someone clicked the advertisement, you make money; simple?

To date, I have made little money from Adsense earning and my account is still growing day by day. I see this, as high potential business and would like to share tips and experiences to all Hubpages readers. To make tone of money with Google Adsense, basically you need to get the following done in building your Adsense empire; yes you need

- Of course a website or blog

- Traffic and more traffic

To achieve the 2 critical success points, I have listed some of the basic tips as below

a) Decide the niche or topic before building your website, keep you writing and also provide useful information to your readers; which Adsense loves. If you choose a topic that you unfamiliar or not interested with, likely the site will be get abandon after period of time. All your hard word is wasted. Other than that, great niche also will be able to help Adsense to display relevant advertisements to boost the earning.

b) Basic skill to maintain the website, along the journey to get rich with Adsense. With some basic knowledge, you do not need to hire a ‘professional’ to help you with the maintenance. Do you survey on the Internet, there are many tools / software can be automated to help you.

c) Choose you Domain name and Web Hosting provider, business need a shop to run the business. You need a good location and stable facilities such as power to keep you business running, this also applicable to online business, where you need an Internet address and hosting provider to host your site.

d) Sign up for Adsense account once your website is up and loaded with tone of valuable information. Go to the Adsense application page and click ‘sign up’ and follow the instructions.

e) Choose and add / Integrate your advertisements code into your website and you are done. I would suggest you to test the page and ensure the advertisement banner displayed properly (Do not click you own advertisement, Google not like it)

f) Work harder to get more traffic to your site, by adding more contents and share it on social network site such as Facebook. You can bring free traffic by leaving valuable comments on other people website / blog as which link to your sites. Do not SPAM people website such as ‘good’, ‘great’ site with is meaningless.