Entries Tagged 'Economics and Business' ↓

So much topsy turvy action on the exchanges. The DJIA continues to fall. The economist seem to be running around like chickens with their heads cut off. The dollar is slowly gaining strength in the market, ok maybe not so slowly. In the last few months it has gained more than 20% against the Euro. Even gold is falling. Things look bleak.

One thing that does interest me is the fact that commodity prices are down significantly since April and May. Oil is down by nearly 70%, rice is down almost 50%, the list goes on and on. After such a huge runup in commodity prices, the floor fell out from underneath them. This means that deflation could be on the horizon, and with consumer prices down 1% (core prices down 0.1%) in October, the case for deflation is just as valid as the case was for stagflation in April.

I wish I had some advice to give, but right now I am out of advice.

We are living in economically difficult times, but I can’t help think that this is a politically created problem. Undoubtedly, politics did cause the underlying problems in the first place, but I also believe that politics caused the problem to break when it did and caused the overwhelming response to the perceived crisis.

I think there is a lot of fear out there and with fear comes opportunities. It’s these opportunities that a person should explore, especially looking at work as a freelance financial consultant. The opportunities are growing quickly.

There is so much financial uncertainty in the world today. I know I am like most other people, I am afraid of the unknown and it feels like we are looking into a deep abyss. As I have said before, whenever there are losers there are winners and that means you can come out of all of this as winner.

I mentioned Forex yesterday as one example of a huge profit swing, but there are many other ways to come out a winner. I am not going to give them away as freebies, but you know how to find them and you can succeed with them. Don’t let this financial uncertainty get you done.

I have been putting together a telemarketing project over the last couple of weeks. Normally, I stay with web type marketing, but telemarketing is just not something I can easily cast away. It’s a very personal form of marketing and is results driven. You can connect immediately with potential customers and convert them into a sale or a lead.

The new project will involve melding telemarketing and internet marketing into a nice little round ball. I don’t know what kind of success I’ll see from it, but it is giving me many new business ideas, if it converts well. I think once it is going, I will know in less than a month just how profitable and successful it is.

I will post details here as they come available….

I am always game to try new investing strategies and ideas. I also love the idea of being able to share information easily. I suppose this why I really like the idea of Inner 8. It’s a new investing strategies and analytics site from former Etrade members who have decided to branch out on their own.

Basically, once you sign up and log in for the first time, you get presented with an opportunity to share and get analytical information from investors just like you. It’s a great two way process. It’s possible to not only receive but also give. Do you see where this is going?

This could be the next big thing in investment information since you are able to search for like minded investors and get their analysis. Since Inner 8 is still brand new, if you sign up, you’ll be one of the charter members. This lets people know that you were a member from the founding of the site and will give you a lot of credibility in the future. I hope you are reading what I am saying. Yep, it could be a really awesome way to make extra money, you just need to get in now.

If you are interested in investing and investments, check out Inner 8 today. You’ll find a great opportunity to increase your investment knowledge as well as share investment ideas and knowledge with others.