Thursday, September 25, 2008
Make Money Online
Widgets come in a range of sizes( 468*60, 728*90, 660*330, 300*250, 160*600) and can be customized to different colors, so as to gel in with the colors of your site. By choosing the Merchsense option ( that is patented by Widget Bucks ) you can have ads relevant to your site content. Check the bottom of this post to see how the widgets appear.
How To Apply For WidgetBucks
As Widget Bucks is a relatively new venture, they do not have restrictions for publishers to join. No minimum traffic requirements or minimum PR guidelines. All you have to have is a site for which you must apply. In a few minutes you will receive confirmation by Widgetbucks to jadd the widgets to your site. I got thw widgetbucks confirmation mail in my bulk account, so please do check your bulk mail. Once you receive the confirmation, you are on your way making money with this widget.
Signup by clicking on this link : Earn $$ with WidgetBucks.
Get $25 Just For Sign Up At Widget Bucks
Auction ads too has this incentive to attract publishers to join their site. But it is rather difficult to make money with auction ads because you get paid only when some one clicks on the ads and then buys a product. So you get a commission only on converted sales.
But Widget Bucks isn’t that way. With Widget Bucks you make money on a ‘per click’ (CPC) basis and WidgetBucks claim that those who’ve tested them are getting $3-$6 CPM. Payment is via Check or paypal, but you need to hit $50 before you trigger your first payment. So to get your first pay check you just have to wait for another $25. This $50 payout is definitely attractive as other sites ( adsense, kontera) generally have a payout of $100.
Have A Big Bite When The Cake Has Just Been Baked
Widget Bucks has just launched ( it has an alexa rank of 1,000,000 +) and popular sites have already started blogging about it. So hit the hammer when the iron is still hot and cash on the opportunity to make some great money with Widget Bucks. I have just applied for Widgetbucks, for one of my sites and shall report about how much earningsI make in a week’s time. Also shall review any downsides if any on Widgetbucks.
Read articles about a few bloggers who have written about Widget Bucks :
Earn $$ with WidgetBucks
Friday, September 19, 2008
Top secrets of Warren Buffett’s success
Following his simple strategies, he has converted the holding company Berkshire Hathaway into a powerhouse today.
However, despite being simple, he believes in doing things patiently and differently because that’s the only way to stand tall in a crowd.
“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently,” he says.
You believe him or not, but some of the top secrets of the stupendous success he has achieved as an investor are here.
ery few people are aware that one of the top secrets of Warren Buffett’s stupendous success is simple living and high thinking.
In fact, anyone with modest means can claim to be leading a simple life. But give one money and one would start behaving like a king.
That, however, is not the case with Buffett who still leads a very simple life considering his status. Like, he lives in a house he bought ages back and dresses up in normal clothes.
“I just naturally want to do things that make sense. In my personal life too, I don't care what other rich people are doing. I don’t want a 405 foot boat just because someone else has a 400 foot boat,” he says.
You believe him or not, but some of the top secrets of the stupendous success he has achieved as an investor are here:
Unlike many investors around us, Warren Buffett never has had any unrealistic expectation from the market.
No wonder, he says that earning more than 12 per cent in stock is pure dumb luck.
“During the 20th Century, the Dow advanced from 66 to 11,497. This gain, though it appears huge, shrinks to 5.3 per cent when compounded annually .... For investors to merely match that 5.3 per cent market-value gain, the Dow – recently below 13,000 – would need to close at about 2,000,000 on December 31, 2099!”
Thus, “if your adviser talks to you about double-digit returns from equities, explain this math to him,” he says.One thing that Warren Buffett doesn’t do is try to time the stock market, although he does have a very strong view on the price levels appropriate to individual shares.
A majority of investors, however, do just the opposite, something that financial planners are always warning them to avoid.Buffett also likes to keep his investment portfolio limited and simple, and believes in adopting simple investing strategies.
“I want to be able to explain my mistakes. This means I do only the things I completely understand,” he says.
According to his philosophy, keeping one’s attention limited to selected stocks and investment avenues, and not diversifying too much also helps.
“Over time, you will find only a few companies that meet these standards -- so when you see one that qualifies, you should buy a meaningful amount of stock. You must also resist temptation to stray from your guidelines: If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes,” he says.Buffett does not believe in reinvesting earnings in the same business. Because no one can guarantee you the same return again.
May be you may loose your money in that process. So it is always better to look for new avenues where one can optimize returns.
“There’s no rule that you have to invest money where you’ve earned it. Indeed, it’s often a mistake to do so,” he says.It is very easy to follow others and very difficult to carve one’s own way out. But it is only the second strategy which often makes one successful.
This philosophy holds true for the stock market as well.
“Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well,” Buffett says.
Thursday, September 18, 2008
The Story Of Lehman Brothers
Henry Lehman, an immigrant from Germany, opened his small shop in the city of Montgomery, Alabama in 1844. Six years later, he was joined by brothers Emanuel and Mayer, and they named the business Lehman Brothers. The firm, thus, was founded in 1850.
Cotton was the cash crop of the time, and the Lehmans accepted it from the local farmers as currency to settle accounts. The brothers traded the cotton for cash or merchandise, becoming brokers for buyers and sellers of the crop.
In 1858, they opened an office in New York, which was the commodity trading center of the country.
The Civil War disrupted the Lehmans' business. When hostilities ended, the brothers moved north and concentrated their operations in New York, where they helped establish the Cotton Exchange.
The post-war period witnessed the rapid growth of railroads, sparking the transformation of the nation from an agrarian to an industrial economy. At the time, Lehman Brothers' future merger partner, Kuhn, Loeb, was underwriting much of the financing for railroad construction.
Railroad bonds represented a significant advance in the development of capital markets. Their affordable price attracted a great number of individual investors and Lehman Brothers, recognizing a trend, expanded its commodities business to include the sale and trading of securities. The firm also moved into the area of financial advisory, which provided the foundation for underwriting expertise.
During the vigorous economic expansion of the second half of the 19th century, Lehman Brothers broadened its expertise beyond commodities brokerage to merchant banking. Building a securities trading business, they became members of the New York Stock Exchange in 1887.
Setting the stage for future global growth, Jacob Schiff, a Kuhn, Loeb partner, led the firm to establish investment-banking relationships in Europe and Japan.
The firm acquired a seat on the New York Stock Exchange in 1887 and underwrote its first stock offering in 1889.
At the turn of the century, Lehman Brothers was a founding financier of emerging retailers, including Sears, Roebuck & Company, F.W. Woolworth Company, May Department Stores Company, Gimbel Brothers Inc and R H Macy & Company.
In the 1920s, Robert Lehman perceived dynamic changes occurring in the nation’s economy, and focused the company on rapidly-developing consumer industries such as retailing, airlines and communications. Lehman Brothers was a strong supporter of the entertainment sector and advised on the consolidation of major movie theater chains. Start-up ventures, including film studios RKO, Paramount and 20th Century Fox, benefited from financing arranged by the firm.
Triggered by the stock market crash of 1929, the depression placed tremendous pressure on the availability of capital. Lehman Brothers was one of the pioneers of innovative financing techniques such as private placements, arranging loans between blue-chip borrowers and private lenders. These loans offered strict safeguards and solid returns for lenders, while enabling borrowers to raise much-needed capital.
The 1930s witnessed the explosive growth of radio and experimentation with a developing technology called television. Lehman Brothers underwrote the initial public offering for DuMont, the first television manufacturer, and helped fund the Radio Corporation of America, known as RCA.
Beginning in the 1930s, the increasing demand for oil set off waves of wildcat drilling in search of the resource. Companies like Halliburton and Kerr-McGee relied on Lehman Brothers for capital to fund their activities.
The end of World War II ignited an unprecedented era of prosperity, fueling the growth of consumer industries such as home appliances and auto manufacturing. Lehman Brothers became an important financial advisor and underwriter for many growing companies and established a number of long-term relationships that are still active today.
Economic expansion accelerated in the 1950s with the dawn of the Electronics Age, and Lehman Brothers arranged start-up financing for companies such as Litton Industries. The Firm also lent its expertise and advisory skills to Burlington Mills, Schenley Industries and American Export Lines.
This period was also the beginning of the computer era, and Lehman Brothers provided IPO underwriting for industry pioneer Digital Equipment. The Firm later arranged the acquisition of Digital by Compaq.
The travel industry benefited from the sustained economic growth of the period, and Lehman Brothers sponsored the IPO of Hertz Rent-a-Car. The focus on transportation and travel continued into the 1960s, with Lehman Brothers advising Ford Motor Company, TWA, American Airlines and Continental Airlines.
At this time, consumer-driven companies such as General Foods, Campbell Soup and Philip Morris turned to Lehman Brothers to help finance the growth necessary to satisfy burgeoning demand for their products.
y the 1960s and 1970s, many of Lehman Brothers' clients were expanding overseas. To meet their financial needs, the firm opened an office in Paris in 1960, followed by a location in London in 1972 and Tokyo in 1973. This growing international presence was enhanced by the merger with Kuhn, Loeb.
With continued advances in electronics and information technology in the 1970s, Lehman Brothers worked with leading players such as IBM, Digital Equipment Corporation and Loral. It acquired Abraham & Co in 1975.
In the 1980s, Lehman Brothers played an important role in the dawn of the Information Age, helping fund such companies as Intel and new technology businesses of the period, which later became the leading players in the high-tech revolution.
During the robust merger and acquisition activity of the 1980s, Lehman Brothers advised companies such as Chrysler, American Motors, General Foods, Philip Morris and Hoffman-LaRoche on expanding domestic and international operations.
In the mid-1980s, breakthrough research in the life sciences introduced the biotech era, revolutionizing the healthcare industry. Lehman Brothers assisted a number of new businesses in obtaining the capital needed to fund research and development. A leading advisor to the healthcare sector, the Firm worked with major pharmaceutical companies during the international consolidation and globalization of the industry. In 1984 American Express acquired Lehman Brothers and merged the firm with Shearson.
American Express divested Shearson in 1993, and the independent firm once again became known solely as Lehman Brothers.
The firm became independent in 1994 through a public stock offering and Lehman Brothers Holding Inc. common stock commences trading on the New York & Pacific stock exchanges.
Lehman Brothers opens an office in Tel Aviv, Israel, building upon its long-term presence in that country.
Lehman Brothers celebrates its 150th year anniversary.
The firm joins the S&P 100 Index and its stock price hits $100 for the first time.
Lehman Brothers becomes the first firm to underwrite corporate debt on the Internet.
The firm launches LehmanLive, a web site that offers clients around the globe access to a vast array of services and proprietary information 24 hours a day.
The firm resumes fixed income trading two days after September 11 and equity trading when US markets open.
Lehman Brothers brings the first IPO, Given Imaging, to market after September 11.
The Firm buys 745 Seventh Ave. for its new global headquarters in Midtown Manhattan and purchases additional space in New York City and New Jersey.
Lehman Brothers becomes a member of the Amsterdam Stock Exchange.
Lehman Brothers moves into its new global headquarters in Midtown Manhattan in 2002 and establishes the Wealth and Asset Management Division. It also executes the largest financial services IPO in history for CIT Group, and the largest European leveraged buyout in history for KKR and Wendel Investissement. Lehman Brothers acquires Lincoln Capital Management's fixed income business.
Lehman Brothers acquires Neuberger Berman in 2003 and moves to its new European headquarters at 25 Bank Street in Canary Wharf.
It moves to its new Asia headquarters in Tokyo's Roppongi Hills in 2004 and executes the largest capital markets transaction in the history of the US utility industry for Pacific Gas & Electric and the largest IPO globally in 2004 for Belgacom SA.
Lehman Brothers achieves record revenues, net income and earnings per share based on record results in each business segment and region in 2005. The Firm's assets under management grow to a record $175 billion. Named ‘Best Investment Bank’ by Euromoney in its 2005 Awards for Excellence.
Lehman Brothers opens an office in Mumbai in 2005.
In 2006 Lehman Brothers ranks #1 in the Barron's 500 annual survey of corporate performance for the largest companies in the US and Canada.
Lehman Brothers ranks #1 ‘Most Admired Securities Firm’ by Fortune in 2007. Also acts as financial advisor on largest-ever M&A transaction in financial institutions sector: $98 billion acquisition of ABN AMRO by a consortium of the Royal Bank of Scotland, Santander and Fortis.
Creates the Lehman Brothers Center for Global Finance and Economic Development at Spelman College. Establishes the Council on Climate Change.
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Tuesday, September 16, 2008
Sarva Shiksha Abhiyan
Sarva Shiksha Abhiyan (SSA) is Government of India's flagship programme for achievement of Universalization of Elementary Education (UEE) in a time bound manner, as mandated by 86th amendment to the Constitution of India making fee and compulsory Education to the Children of 6-14 years age group, a Fundamental Right.
SSA is being implemented in partnership with State Governments to cover the entire country and address the needs of 192 million children in 1.1 million habitations.
The programme seeks to open new schools in those habitations which do not have schooling facilities and strengthen existing school infrastructure through provision of additional class rooms, toilets, drinking water, maintenance grant and school improvement grants.
Existing schools with inadequate teacher strength are provided with additional teachers, while the capacity of existing teachers is being strengthened by extensive training, grants for developing teaching-learning materials and strengthening of the academic support structure at a cluster, block and district level.
SSA seeks to provide quality elementary education including life skills. SSA has a special focus on girl's education and children with special needs. SSA also seeks to provide computer education to bridge the digital divide.
AIG looks at liquidating assets
What is Chapter 11 Bankruptcy
Though considered to be one of the most complicated of all bankruptcy cases, it is opted after extensive deliberation by the management.
Federal laws determine the laws of payment and further division of assets. Secured creditors are the first to get back their money. Bond holders are the next and shareholders of the company are the last to receive any kind of compensation. Though they make the maximum when the company is doing good business, they get the least preference in such situations. The owners may not get anything at all if the secured and the unsecured creditors' claims are not fulfilled. Bondholders stand a better chance of recovering their debt because of the commitment by the company to pay back the principal.
Even after the company has filed for bankruptcy, the company's securities may continue to trade even after the company has filed for bankruptcy under Chapter 11. The company's securities may continue to trade on NASDAQ and NYSE.
In most of the cases, the company's reorganization involves liquidating the equity shares and the management moving into the hands of creditors and bondholders; it is extremely risky for investors to trade in these stocks
Companies follow this route mainly to have control over the reorganization process. In worst cases, the only option is to liquidate.
Lehman-invested Indian firms lose over Rs 2,000 cr
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Atlanta Party Bus Tips
Regardless of venue, the ultimate way to get around is in an Atlanta party bus. No doubt, these are the new limos of the 2000s. Accommodating your party of over 15 has never been easier with a party bus limousine. Party buses allow you to get down all night long with a fully stocked bar driven by some of the coolest chauffeurs you will ever meet. Any reasonable request can be fulfilled, in conjunction with, of course, the most pristine level of service. Since no one is designated driver, everyone gets to have fun without worries.
Party buses can feature some of the most entertaining amenities, including 3 full bars, mirror ceilings with lights, a booming sound system, plasma tvs, and more. Keep the party going even when roaming from club to club.
Here are some tips to booking and renting a party bus limo in Atlanta:
1) Book early. The earlier, the better. Party buses are limited and most limo companies don't even have these on-site. They usually have to call in and get the bus from someone else. It's a good idea to go with a limo company that maintains their own.
2) Examine and visit the limo company. Before booking, it is a very good idea to check out the party bus you will be getting. Make sure to ask any and all questions that come into mind. They should be more than happy to give you a tour.
3) Ask about amenities included. Many party buses come with plasma TVs, DVD/CD players, fiber optic lightings, mirrors, a fully stocked bar, and more! If there is a specific amenity you need, be sure to ask.
4) Make sure the limo company you decide to go with carries a license and is fully insured. The recommended minimum is $1.5 Million per vehicle.
5) Be courteous and respectful of the party bus. It is great to have fun, but treat the ride as if you owned it. Any damages to the amenities can cost the party organizer.
Follow these easy tips and your party bus experience will always be remembered. Atlanta and party buses are a great mix. With common sense and these tips in mind, you can be assured of a great night of partying, even on the roads of Atlanta.
How To Play Guitar
If you've been searching the web for guitar lessons online, I'm sure you already found out what I'm about to tell you. There are tons of sites that will offer you free guitar lessons and they tell you that you will learn to play guitar fast.
In most cases they offer you very little in complete instruction, and only give you fragments of information. What good is learning something out of the correct order in which you should be learning them? Yeah. You're right. Not good at all. It'll confuse you and leave you frustrated.
Beginner guitar lessons need to start you at the beginning, not in the middle or somewhere other than the beginning. Do you want to learn to play guitar fast and not know why you're doing what you're doing? Or do you want to learn to play guitar fast and understand the concepts?
What I want to do is point you in the right direction. I want to teach you how to learn guitar the correct way. It's easy, and according to your honest desire, can be very fast. How about you playing songs on your guitar in under 7 days? Yes you can.
In order to teach yourself guitar, it's wise that you understand that you have to have a real desire to want to learn how to play guitar. It takes discipline. You have to practice everyday. The more you practice, the faster you'll be playing songs for your friends, family, boyfriend or girlfriend.
Won't that be cool? Whether you want to learn how to play electric guitar, or if you want to learn how to play acoustic guitar, you need to know the proper foundation to start out on, and then build on that. That's what I want to do for you.