While I'm somewhat used to investing in businesses of other people or transnational businesses, starting my own is a different kettle of fish.
I find it easier to part with money for someone else's. It is managed for me. There is no time investment. In some ways, if investing in solid enterprises, there is less risk. 1 or 2k in a start up? Normally down the drain. Opening my wallet won't be easy, but the road to financial freedom has its' potholes and, taking the visual metaphor a step further, if I never step foot on the road of self employment the road to wealth may as well be forgotten.
Wish me luck.
Sunday, 15 November 2009
Start ups- starting a new business
Sunday, 8 November 2009
Stocks- the bounce?
Are Stocks bouncing back?
Well lots of things are going well. Some companies are back into posting profit. Raw material costs have generally lowered, especially for the food industry. Economists are more positive. I am undecided.
My portfolio has gone into the plus for the first time in over 2 years, possibly longer. I'm still buying, but carefully monitering the economy and the businessses within it that I invest in, because no one knows what'll happen next.
Wednesday, 28 October 2009
The ups and downs of Retail stocks
There are many ups and downs to retail stocks, the tough bit is getting to know how to get to know them!
The main issues with whether it is a good stock, particular to the retail sector that is, are ease of entry to the market, management issues and the cyclical nature of the sector.
The ease of enty to market means how easily a competitor can start up and directly compete with you. In retail, this is relatively easy, lets say compared with the Oil and Mining stocks.
Managememt too, plays an important part as fads, fashions and brands are judged harshly by the general public.
Lastly, the economic cycle can play a big part, for example, our current situation! For the ups check out my next entry!
Saturday, 17 October 2009
The camera that is so good why would you buy a video cam?
After uploading some stuff I thought about writing a post gloryifying the greatness of an old piece of tech I bought a while back (why buy a new gizmo when an old one still kills it!).
I bought my digital camera about 18 months ago, though a similar model was around before it, and possibly one before that.
I wanted a high spec, easy to use camera that had the potential to be a good video camera. I got it.
The Casio Exilim Youtube digital cameras are the s**t if you want a no hassle good quality (mine is 10.1 megapixels, top of the range 18 months ago and still damn good now) digital camera. The added bonus is it is soo good it works very well as a video camera, saving me over 300 odd pounds on buying one of those.
The best shot feature, which adjust settings such as the amount of light let in, shutter speed, flash and colours works very very well. There are settings for parties, outdoor, portraits, autumn leaves, flowers etc.
Cheap as well- I got mine for just over £100!
I very much recommend it!
Comment below about your own digital cameras!
First entry in a loooong time!
First entry in a long time.
Will update further.
Now using sidewiki- seems interesting.
Take care all!