China And Hong Kong Are Making A Major Impact On Wine Sales

For some time now, China has been the fastest growing wine market in the world. The market for imported wine developed seemingly overnight, and both fine and low cost wines are flooding supermarkets and stores throughout the nation. Chinese buyers account for a great deal of wine purchases from major auctions, and red wine sales have seen nothing short of explosive growth within the country in the past few years. As grain based alcohol continues to wane in popularity in the region, wine certainly seems to be stepping in to fill the void it is leaving behind.

Equally impressive is the rise of Hong Kong as a leading hub for the importation of wine. As the first major economy in the entire world to impose no taxes or duties on wine, it certainly offers great appeal and its geographic position makes it the idea distribution point for the transport of wine onto the Chinese mainland. Wine investors from Hong Kong and China now make up about forty percent of the wine investment in the UK, and imports are still increasing in rapid numbers.

China and Hong Kong make up a vast majority of the Asian wine market. Between the two nations, they currently comprise about sixty percent of the market. If Hong Kong indeed becomes the hub of import for fine wines and the two markets join together as one, it will be the eighth largest market in the world. Increased demand and the growing popularity of wine in the region could push the market even higher on the list. Because of these factors, catering to the Asian wine market has become even more important for fine wine manufacturers. Breaking into the market has proven difficult at best, but for those who have found entry, the results have been quite lucrative.

The impact of these nations on the wine industry has already been significant and it is only just beginning. With Hong Kong poised to become Asias main hub for the importation of wine and with demand for both fine and low cost wines skyrocketing throughout the region, many winemakers are waiting with anticipation to see what the future holds in these markets. The region is seeing immense economic success, and the result has helped many winemakers see continued success in the wake of a global economic downturn. The future of wine in Asia is bright, and the impact is being enjoyed by winemakers across the globe.

AGLOCO The Internet’s First Economic Network

Today’s hottest Internet businesses are all about the power of social networks. Companies like MySpace, Facebook, and YouTube have become worth billions because businesses have realized that these social networks are generating huge advertising and marketing opportunities. As these social networks grow, the economic potential for its owners and the advertisers who target the site’s users is remarkable.

At AGLOCO, we asked a simple question: The users created the community, where’s their share of the profit?

It was from this question that AGLOCO set out to create the Internet’s first Economic Network, harnessing the power of Internet-based social networks to directly benefit the Members who help to create the community.

Becoming a member of AGLOCO is as simple as completing a brief sign-up page (name, age, location and email address.). Once you’re a Member, you will be asked to then download the Viewbar software. (Note: the Viewbar software is currently unavailable, as it is in closed testing. It will be ready for public download in a few weeks, and members will be notified when it is available.)

AGLOCO makes money for its Members in many ways:

1. Search: Every time you use the Viewbar to do an Internet search, AGLOCO earns money from the search engine providers. (For example, Google pays as much as $0.10 on average for each search that is directed to its search engine.)

2. Advertising: The Viewbar itself displays ads that are targeted based upon the websites you’re visiting. When you click on an ad and make a purchase, AGLOCO receives a referral fee, which we pass on to our Members. (Please note: Individual members do not receive any compensation for clicking on ads in the Viewbar, and the Viewbar can detect if someone is clicking ads in a fraudulent manner.)

3. Transaction commissions: Many major retailers pay commissions when you refer customers who make a purchase. AGLOCO collects that commission and passes it on to our members. (For example, Amazon pays an 8.5% commission to most websites who refer customers, and has cut deals for even larger percentages. The bigger the AGLOCO community, the better commission we can negotiate for our Members.)

4. Software distribution: Numerous software companies pay websites to encourage the download of new software releases (for example, Adobe’s Flash and Acrobat Reader software), and trial versions of new programs. AGLOCO members not only get access to the latest and coolest software, they get paid for it.

5. Service distribution: Many online service providers will look to the AGLOCO community as a source of new and active users for their services. (For example, eBay, Skype, and PayPal, among others, all pay fees to people who help them recruit new active users to their services)

6. Product distribution: When Members agree to use a product, such as cell phones, high-tech gadgets, office supplies, new credit cards or financial services, AGLOCO can collect referral fees. Some companies even offer special rebate and cash-back programs.

Financial Infidelity What Is It

Although many are not familiar with the term financial infidelity, it has increasingly become a problem in many households across America. So what exactly is financial infidelity? Financial Infidelity occurs when one person in a committed relationship spends or hides money without disclosing it to their partner.

Like sexual infidelity, financial infidelity can destroy one’s marriage. Money problems are known to be one of the leading contributors to divorce. Financial infidelity happens to be at the top of the list of money problems that lead to divorce. Shockingly, Jennifer Brand, a family law specialist in Philadelphia, stated -I see more cases of divorce caused by financial infidelity than I do from sexual infidelity.-

So how many people out there are actually lying to their spouses about money? The numbers are surprisingly high. In a recent survey conducted by Harris Interactive, the following results were revealed:

Approximately 1 out of 3 people admit to lying to their partners about finances
One in Four people state that their partners have withheld financial information
Three out of Four people surveyed stated that they fight at least occasionally about money
One in Four adults believe that financial infidelity is worse than sexual infidelity
96% of the group surveyed reported that it is both partners’ responsibility to be completely honest about financial issues.

The results indicate that financial infidelity is a serious problem. As one can imagine, any form of dishonesty in a relationship can lead to serious trust issues. Those trust issues can ultimately break down the emotional connection needed to make a relationship last. The reality is that the effects of financial infidelity on a relationship are no different and oftentimes worse than sexual infidelity. If you are having a problem with being completely honest around your finances with your partner or are having problems getting over financial infidelity in your relationship, you should consider working with a financial therapist.

Nikiya Spence is a licensed psychotherapist, certified money coach, and speaker. Nikiya specializes in helping individuals and couples transform their relationship with money. Visit her website at www.solutionsoflife.com or call 770-638-7145 for a free 30-minute no obligation consultation.

Advantages And Disadvantages Of Maintaining Data Through Excel

Excel is a great method of information and database management that is being used by almost all companies big or small. This kind of a job is mostly performed by excel experts, who can either be outsourced or can be an employee of your company, but before you select one , you must ensure that he has adequate knowledge about the subject and is able to professionally develop the database of your company. If the database of your company is handled by any non- professional excel consultant, then there is a fair chance of typical problems to arise.

The major advantage of using Excel is, it does not require any additional software to be installed in your computer, your computer is likely already equipped with Microsoft Office and can immediately start your programming process. Excel is easy to use, user friendly, and most people can get in and review the spreadsheet and make simple changes, in the absence of excel consultant. In case, when the records of your company grows huge, in such situation the excel applications can be easily upgraded into access, oracle or SQL server. Database stored in excel can easily be integrated into pivot tables, by just connecting it directly to OLAP database.

Being rich in financial modules, the expert hired by you to take care of excel, does not have to create separate financial modules. Excel can perform many financial functions which includes, fixed assets depreciation. Excel is also very portable, this ensures that the data can be easily sent to other offices, at different location through e-mail. In case, while e-mailing the excel database, you have accidentally sent it to a person who is not authorized, in such a situation the problem can be solved by applying a password protection to the document. This password will protect your database from unauthorized usage.

Along with the various advantages, maintaining database using excel application also has certain disadvantages. The disadvantages are not so serious that you cannot work around them, and can be minimized. In case when the file containing the database becomes very large, then there is a chance your program will run very slow. This is the reason that the excel experts make the program compact or store each applications in different files, the smaller the files the faster the execution. Many times by dividing the database into several files there is a high chance that the excel files might get lost in the hard drive. Excel worksheet has a limited number of rows, this is the reason that the excel consultants convert the database into access when the database crosses the limit of 65,000 lines.

Outsourcing the job can be a cheaper option, but if you have an in house Excel expert you can always maintain constant support in handling routine problems. For larger problems, an outside Excel consultant may be helpful.

China Economy Why China Likes Small Cap Stocks

China Economy: Why China Likes Small Cap Stocks

About: (Purchasing Manager’s Index (PMI), HSBC, China economy, China Stock Digest, China small cap stock, Smaller cap, China economy, Chinese economy, China stock market) Bookmark and Share

The newswires are buzzing about China’s growth curve once again. This time there’s intense debate about the meaning of the latest manufacturing data. Is it up? Or is it down?

The answer is a bit of both and figuring out why is important.

First the news. A government-backed Purchasing Manager’s Index (PMI) declined to 55.8 last month from 56.6 in December, a slight loss indeed. But that figure is at odds with HSBC’s China PMI survey, which actually showed a rise in January, to 57.4 from 56.1. What should we make of this difference?

First of all disregard news outlets that say the government PMI decline signals a drop in China’s growth trend. Any reading above 50 on the PMI indicates ongoing growth in the manufacturing sector. Period. The PMI has been signaling growth since last year.

The HSBC purchasing manager’s index is slightly different from the Chinese government reading in one important way. The government PMI looks at large and state-owned companies, while HSBC’s sample of more than 400 companies is weighted more toward smaller businesses and export-related companies.

That means the declining government PMI shows that large cap state firms are somewhat weaker than small cap companies. HSBC finds small caps are growing more quickly.

The HSBC rating also indicates strength in export-related industries. The giant Japanese brokerage backs this up in an analysis given to Bloomberg. Nomura forecasts the Chinese economy will gain momentum this quarter as exports surge 30 percent! Nomura predicts that China’s economy will grow at a blistering 12 percent this year. Pessimists see this as bad news.

Some news reports argue that strong growth will force the Chinese government to clamp down on lending to prevent asset bubbles from developing. That, they claim, would be bad for business and bad for the markets.

But we and many other China watchers see interest rate hikes as an inevitable trend in the coming year. The effects of this and other clampdowns on industrial growth are already assumed, and “baked-in” to stock prices.

What counts is the growth. Smaller cap companies and exporters are on a trajectory for double-digit growth in 2010. There will always be pessimists and critics of the China growth story. But what counts is not temporary lending halts or fractional increases in interest rates. It is the big picture.

The big picture still indicates that China will continue to grow faster than any other major economy.

Investments The Right Vision for Financial Freedom

Your vision for financial freedom may make you wonder what can be the best opportunities for you to go for and get the things right! I would say that having money saved up, and seeing it grow all the time is one way towards making your vision for financial freedom come true. This doesnt mean that you live your life austerely at the present. Instead, good planning is what should be on the cards.

Proper Financial Planning?

Yes, that is the key. Almost every person starts with a separate bank account towards saving cash initially in their lives, and this never takes them far. The problem is, you will always have something to purchase and spend your money on as long as you have liquid cash available for yourself, at least this is how it works with most people. To be able to see real savings, a secured investment plan is what works.

So start with your plans. How much money do you need each month to support yourself, comfortably but not luxuriously? How much is left from your salary or daily income after that? Divide this remainder in two parts so that the bulk goes towards the secured long term investments while a bit of the remainder stays in your “savings” bank account to cater to any requirements or necessity that you may suddenly come across.

The Investments

Now there are a huge number of investment options. You can go for investments that will mature and offer you the returns after a short while (like a year), or you may go for longer terms as well. And of course there are plans that will let you get your money back even earlier! It all depends on how much returns you want, and how long you may afford to pay towards the premiums.

To fulfill your vision for financial freedom, you need to be assured of the fact that even after you have retired, you must have a monthly (or other periodic) source of income, and see money come in to support you regularly. These are called the pension plans and annuities, and are generally the very long term investments. They are very safe and you may expect complete peace of mind when you retire.

And you may also think about growing your money in the bank and live on the interests derived from it later on. That is also a good option. Consider all these possibilities and options and make sure you do your calculations right. I would personally advice you to speak to an investment company on this, and then decide what may prove to be the best option for you for building your way towards your vision for financial freedom.

NISM certifications help you to get your favorite job

If you have planned to get job in the field of mutual fund, it is important to be aware of it. A common explanation for mutual fund is that pools money from the investors and it further invest it in stock. When it comes to searching job in the field of finance and mutual fund, this article will help for you. The below are some of the main departments in the field of mutual fund.

In mutual fund it is important to have a fund manager who is also called as portfolio manager. He is one who decides about the investment of fund’s underlying securities, calculations capital gains and losses and collects the dividend.

For this kind of job a deep economic analysis is needed for making effective investment decision. Hence people who are related to economics, finance, mathematics, management and accountant. Normally the pay package is high for these professionals due to the risk in their jobs.

In order to be aware of all these mutual fund terms you need to study. It is very difficult to get a job without certification. There are many certificate courses available; among them it is best to go with NISM exams which are specially designed for financial industry.

Different types of modules

In this NISM exams there are many modules available. There are derivative market module, capital market module, debit module stock exchange module are some of the type of modules where people love to work. Among many derivative market modules are selected by many professionals.

If you want to be a dealer in stock market then go with derivative market module. For these derivate marketers it is important to write NISM series 8 which is especially for derivative marketer’s job.

Importance of NISM series 8

To become derivative marketer it is needed to clear NISM series 8 examinations. There is no need to be worry about these types of exams because you can get plenty of notes and material online. You can also write NISM mock test series 8. This will be very helpful for the candidate to attend the exam.

Once you have passed this exam then there is no need to worry about your job. The person who have NISM certificate is the first one who gets job. This is such a powerful certification in the field of finance. Hence if you have planned to get finance related job just undertake NISM exam and score high.

day loans A Financial Bliss

day loans, as the very name suggests, are short-term loans sanctioned for a limited tenure of three months or ninety days. Undoubtedly, life of an individual becomes challenging with fixed monthly salary and never ending expenses. There are times when you run short of money and waiting for next day becomes difficult let alone the next payday. It is here in a situation like this these loans come to your rescue. With easy availability and fast sanctioning of funds, these loans have crafted a unique place in the market.

If you are someone living a life tagged with blemished tags and feel hesitant to apply in fear of getting rejected then apply for these loans without even giving a second thought. These loans can be applied by all no matter whether good creditor or bad creditor. Your tainted tags such as bankruptcy, arrears, individual voluntary arrangements, county court judgments, late or skipped payments or insolvency will no more prevent you from enjoying the benefits of this loan.

Funds are sanctioned depending upon your repaying ability and financial status. While filling up the online loan application, make sure you fill up the details accurately and completely with desired amount. Online appliance interface makes the entire loan application procedure easy and hassle free. With so many options to choose from you are sure to find a deal that goes well with your needs and pocket.

Being short-term and unsecured in nature, these loans carry high interest rates. Plus, if you fail to pay off the loan amount within specified time, you may have to pay off additional charges as penalty. However, paying off loan amount within due time would help enhance your otherwise poor credit history. In fact, it is the timely availability of funds that makes this loan facility a popular choice amongst loan seekers.

90 day loans are a key to end up financial trauma and fulfill all your unexpected needs and desires. You have complete freedom to spend the acquired cash the way you want. You can use it to pay off pending storage bills, credit card bills, weekly petrol bills, debt consolidation, electricity bills, meet wedding expense, throw a birthday party, home renovation or get a damaged car repaired.

Careers In The Field Of Economics

Those of you, who want to pursue their higher education in economics but are doubtful of the job opportunities that will be available to them, need not worry. You will have a wide variety of careers once you complete an economics degree. After a Bachelors degree, you can also go on for a Master’s in the same field. This will ensure that you find a high-paying job as soon as you are done with your Master’s.

One of the many career choices available to you after an economics degree is economic consulting. You job in this case would be to advise companies on various economic and business strategies and also be responsible for the economic portion of legal procedures. Law is also a good option for holders of a degree in economics. By pursuing a career in economic law, you have the opportunity to work for many firms as well as government agencies. The government often needs economists to draft the economic policies of the country and the analysis of the prevailing economic conditions.

Complementing your economics degree with something as valuable as finance will considerably increase the amount of money you can expect to earn annually after you graduate. However, a simple degree in economics only will also earn you a higher than expected annual income. The salary you get also depends in large on whether you are employed by a private firm or a government agency. The latter will probably pay you much higher than the former. On the whole, it has been concluded that the average annual salary of an economist is pretty high, mainly because of the high demand and relatively fewer people who choose this career path.

When it comes to careers in economics, you are bound to be employed in a firm which operates in large cities. In addition to this, you may even get the chance to go on international tours and collaborate with worldwide agencies like the World Bank, International Monetary Fund and the United Nations.

If you are planning on getting a degree in economics, there are a few factors to consider. You need to have a large concentration span and be able to analyze even minor details as you will be required to this to a large extent, regardless of the place you are employed by. You need to have a great deal of patience, since you will inevitably have to spend long hours trying to study some figures and solve problems and reach conclusions. Moreover, excellent communication skills are an essential prerequisite to being a successful economist as you will be required to present the results of your research and hypotheses in a very clear manner, may it be in the oral or written form.

Hence, careers in economics are a great option for those who wit highly inquisitive minds and the drive to find solutions to the economic problems faced on both a micro and macro level.

The New Economy

I recently read an interesting article called The 30-Year American Dream. The article was at wethesavers.ingdirect.com/homeowners-living-room/the-30-year-american-dream/.

Having been a math teacher, I am a numbers person. So it caught my attention in the article when it said:

“In 2003, 83 percent of Americans said they thought owning their own home was a safe investment. According to a recent National Housing Quarterly Survey, today only 64 percent of Americans think its a safe investment, down from 70 percent at the beginning of 2010.”

As well as:

“Today, the average American changes jobs every four years, moves 11.7 times in a lifetime and refinances their home roughly every five years. Pin these numbers against the backdrop of a 15 or 30-year fixed rate mortgage, and you see the bulk of American homeowners paying thousands in insurance for mortgage duration they dont need.”

Most people today still consider owning a home to be a good investment and that is a bold-faced lie. It is not an investment and should not be looked at as an investment. This lie must have started back in 1938 when Fannie Mae was born.

If I was a lot younger and did not want to experience the joys of gardening and being around nature, I would rent instead of own.

People think, wrongly, that there are a lot of tax advantages to owning a home. Wrong again. Do the math. Plus by moving on average 11.7 times in your lifetime, I have moved maybe 3 times that, owning a home can become a very poor use of your money, which is why I said it should not be looked at as an investment.

In todays economy buying a home could be tragic as many people are seeing their homes value dive bombing.

Why am I spending so much time talking about home ownership and it being a bad choice for most people? We are in a new economy, a global economy. No longer are we affected only by what happens in our neighborhood, city or state. We are affected by events on the other side of the world.

The economic power is shifting from west to east. The USA will soon no longer be the envy of the world and we need to face up to that if we want to come out on top and enjoy a happy and successful life.

In fact, a new book will be published later this year called Happiness & Success, Why the Trade-offs Arent Necessary. It will show you what you need to do now to ensure you will be well off in this New Economy.