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Friday, January 14, 2011

A Highly Experienced Equity Manager - The Key to Successful Agriculture Investment

In almost every country in the world there is a particular industry that people see as being the most trusted and successful. After all, the most logical way of making your money grow is to invest it. However there's a lot more to financial investment than most people realise.

In New Zealand in particular, buying a home, doing some work on it and then on-selling it has been a good example of a trusted and successful investment choice. About 10 years ago it was extremely common to a point where people were trying to earn as much as they could as quickly as they could in order to invest in a residential property.

Unfortunately, over the past 2 - 3 years, the idea of buying a home and then selling it over and over again has worn off a bit. More and more people are now making very little if any money on a house. In fact, some people are making a loss on their real estate investment.

Suddenly, a large percentage of New Zealanders have started turning to commercial property investment. Of all of the types available, agriculture investment is perhaps the most common. The key to this is a quality Equity Manager, who can help ensure that the money you invested in a farm continues to grow.

There are now several companies out there who have a batch of farms that are owned by several shareholders. If you have been lucky enough to be given a free handout from family or have worked hard to raise some capital, then you might like to invest in a dairy farm.

In New Zealand's Canterbury region, there are several farms that have been formed in locations that allow the best potential for excellent volumes of dairy milk production. By investing in one of these farms, that involve an experienced Equity Manager, you stand to receive a great return on your investment.

Rather than buy an entire farm and have everything resting on your shoulders, you can become involved in an equity partnership. These are seen as a viable ownership structure that allows great opportunity to reach personal and business goals that may not have been able to be achieved alone.

The common ownership structure of an equity partnership is generally always a company that consists of a number of shareholders, with one of them generally being the farm manager on a salary. You'll find that nearly every farm has a separate Equity Manager. It is their responsibility to ensure that the farm produces the results required to achieve equity partnership success.

Waibury Agricultural Investments owns and operates dairy farms and grazing-support farms situated predominantly in the North Canterbury region of New Zealand. Waibury secures on farm equity operators to increase the long-term productivity of these farms through prudent capital development if required. It maximises production, cash flow and expected payout and its resulting in increased capital value.

We secure on farm equity managers to develop and operate efficient, profitable dairy farms to increase shareholder wealth and returns through share farming and superior farm management.

Successful Stock Traders and Why They Are Winners

In the world of trading, whether its stocks, commodities or forex, there are a few real winners and they win consistently.

Few know their names and fewer know their game and rules, however its the rules that separate them from the losers.

Most great traders did not start off that way, a few did start with a pretty good start and just had to re-adjust a few things like Warren Buffet did, but the others they became good by learning what works and what does not and not giving up but learning by their mistakes.

Here is a list of some Great Traders...

Michael Marcus- $ 30,000 into 80 million

Tom baldwin-$25,000 into over 2 billion

Paul Tudor Jones -Triple digits 5 years in a row

Ed Saykota -$ 250,000 into $200 million

Richard Dennis-$ 2,000 into $ 200,000

Nicholas darvis -$10,000 into $ 2 million 18 months

Jesse livermore- $ 500 into $ 100,000,000

Michael lauer - 50 fold return over 7 years

Steve Cohen- manages billions and averages 90% yearly

Steve Lescarbear- 70% yearly

Mark Minivini -220% past 5 years

Dan Zanger World record holder now- $ 10,000 into 40 million 23 months

William O`neil- I.B.D. Investors Business daily - millions

Gary Smith started with $2,200 and turned it into an annual profits of $ 190,000

Gil Morales in 1999 had a one year return of 971 % then by 2004 in a bear market had returns of 2000 %, now he is chief portfolia manager for sierra capitol

Ced Moses in 1991 won the championship with a 379% return and started a hedge fund and became known on the Nelson`s list-as one of the best money managers

Some of them were, and some are still great successful stock traders.

Well all of them are not gamblers but have found some trading principles to trade by, yes a set of rules and not by crossing your fingers and hoping, more of principles rather than methods

Are you interested in understanding what they do, many of them are Momentum traders, that is catching the really Big stock moves for big gains rather then small daily moves however all of them trade by a set of rules that they found to work for them and that is the most important part that separates them from the losers.

Can you imagine that so many come to the market with so little training.

Show me one field that you can learn a trade without being trained, a doctor? a lawyer? a plumber? a dancer? and if you want to be really good do you not need to be trained by the best?

How did the best heart doctor get that way? Yet so many come to the stock market because they can open an account in a minute and push a few buttons fast and if they get lucky they think, is that not the gamblers mind set?

They give the financial markets a bad name but they do pay for it so I Quess its ok, LOL

Well I hope I laid a little of the ground work for what it takes to be a great trader and it is education, now it is also the most educational thing you could do for yourself in life, to change your financial situation and free yourself of 9/5 Even 30 minutes a day of reading and learning in a years time can make the difference of being a winner to a loser and with all the free software nowadays.

You can open a demo account and practice till perfect for a year or so if need be, but of course the training and education is what is needed to succeed and there are No shortcuts! Learn from the best.

Methods are many but principles are few, come explore the difference

http://www.the-stock-teacher.com/a-stock-list.html

Facts and Wrong Beliefs About Stock Trading

There are numerous misconceptions about stock trading. Among one of these is that naming buying and selling stocks as more of a gamble than a business. Every business and endeavors in fact that we deal out each day can all be called obscure and ambiguous. Even the simple choosing of a new brand of mayonnaise over our preference one can prove to be a fault if the flavor did not turn out as we have expected it to be. Same as well with the stock market and supervising an enterprise for that matter. To counteract this, a person or a stock trader could study how to discover the secrets of the trade, what clicks and what does not.

For your information, numerous individuals in fact earn by buying and selling stocks. How? Because these people expend labor and of course, money so to find out the secrets of the trade. One of the reasons many individuals considers the stock market as a dangerous business is due to the capriciousness of the economy itself. In times of unforeseen economic recession, experts of the business would verify that it would be over 90% certain that most of the investors would lose their money. Still, investors and typical day traders alike can get better anytime. For even though the stock market itself may be wholly dependent on the rocky economic condition, once the economy is established investors and traders could really earn money.

This is the second mistaken belief regarding stock trading. Most of us would think that once you lose it is hard to have back that money again. If you depend what you eat from what you gain from day trading, you will know that buying and selling stocks is perfectly distinct from making a bet. Unlike with gambling, you cannot determine or foretell what will go off the next time the dice rolls. With the stock market on the other hand, with day-to-day supervision, you can spot the pattern of the trade and know what choices usually turns out bad and which results to great profit.

The third erroneous belief is all about skill. Skill as we may all aware of is classified into two categories: the intrinsic skill, one we are born with and the learned skill, which we attain by time. You might count yourself fortunate with math and calculus, or economy and all that, but the stock market is completely another world. One person once said that every day that you must buy stocks and sell it again before the end of the day throughout economic collapse is like trying to sell ice cream in Alaska.

But if you have a practiced and competent trainer on the other hand, you can all the time have an assurance that you will have a good foundation that will act as the basis on your each decision. Do not learn on your own. Your judgment might sooner or later cost you huge amount of money. Stock trading is not a one-manned business, you need to learn where to get good counsel. That way, you can have a consistent source of certified views that will direct you to success.

Learning stock trading is very basic for the stock market industry. Anyone who wanted to invest on this business must make sure that he understands this. Another aspect of the business that he needs to learn is daytrading.

New Fiscal Approach Needed For Govt Revenue Collection

Through the proposed DTC / GST legislations, the Government has acknowledged the need of new revenue system but the proposed new laws apparently appear to be even more complicated then the present one.

India needs a very very simple legal system, which can be understood and complied by all concerned. The revenue collection laws can be consolidated and written in just one hundred pages instead of over fifty thousands pages in present law, using the following guidelines.

The New fiscal System can be implemented on the followings lines.

1. Consolidation of Old Revenue Acts
Income Tax, Wealth Tax, Service Tax, Security Transaction Tax, Dividend Distribution Tax, VAT, Excise, Customs Acts etc. to be reviewed and consolidated in one single act on the following lines called "The Consolidated Revenue Act of India".

2. New Revenue Act:
The "Consolidate Revenue Act of India" can be formatted on the following lines broadly.

3 A. Direct Taxation

3 A 1. Basic Income Tax exemption to all individuals up to Rs. 4,00,000/- and to all others Rs.2,00,000/-

3 A 2. No discrimination or classification of income. Accounts for the purpose of revenue (tax computation purpose) should be independently drawn. Source and place of earning not important for tax purposes.

3 A 3. All individuals to pay tax @ 15.00 % of the income over first Rs. 4,00,000/-. No slabs, no deductions, no exemptions, no incentives and no allowances.No distinction in the nature and source of income.

3 A 4. Other then individuals, all other resident assesses to pay tax @ 18.00% of the income. All non - residents and institutions with foreign ownership of more then 25% to pay tax @ 25%.

3 A 5. Accounting Year should be calendar year to globalize the system.

3 A 6. Advance tax to be paid at the end of each quarter. Installments to be equally divided. Difference if any at the end of the year, allowed to be deposited before the filing of Income Tax Return subject to the condition that, the difference will no exceed 20% of the total tax payment.

3 A 7. Income and expenses to be taken in computation on cash basis & not on accrual basis. This will reduce accounting manipulations and complications. No deductions be allowed from the income. Only business income will be allowed deduction of expenses incurred for carrying the business activity.

3 A 8. Depreciation on all the fixed assets to be calculated @
10% on straight line method only. Classification of assets not required for the purpose of depreciation.

3 A 9. No carry forward / set off of losses for anyone.

3 A 10. All tax returns to be filed on or before 31st March as the accounting year ends on 31st December.

3 A 11. All assessments should be completed within one year from the date of receipt of the returns.

3 A 12. All returns to carry a statement of income, assets & liabilities.

3 A 13. The returns should be selected for verification using only random computer picking method. Department must verify at least 10% cases rigorously. Assessing officer should conduct at least a part of the assessment proceedings at the premises of assesses.

3 A 14. All returns to be certified by Chartered Accountants. They should not only draft the returns but also verify the facts and figures given in the statements.

3 A 15. Verifications (Scrutiny) of Income Tax Returns should be conducted on the basis of standardized questionnaire valid for the entire country. Questionnaire should be dexterously drafted so that all facts are crosschecked in questionnaire itself automatically.

3 A 16. All assessment orders should be signed by three officers i.e. Joint Commissioner Income Tax, Assessing Officer and an Inspector.

3 A 17. Assesses can make only one appeal against the order of the department to an Appellate Authority (Bench of 11 members). Order of Appellate Authority should not be further appealable. Appellate Tribunals should be setup in reasonable numbers. Members of tribunal should be nominated by professional bodies and the Government. All appeals should be settled in maximum three hearings or a period of six months from the date of the filing of the appeal.

3 A 18. Incase of default / delay in payment of tax on time assesses should be charged interest @ 24%.

3 A 19. In case, Assessing Officer or the Appellate Authority discovers willful negligence or tax evasion assesses should also be subject to prosecution (imprisonment) of minimum one week.

3 A 20. Chartered Accountant certifying returns / balance sheet should also be accountable to their work directly. If they are noticed to be guilty of professional misconduct, negligence, they should also be subject to strict action including cancellation of their recognition.

3 A 21. All Government executives should declare their family assets as on 31st December every year. A separate authority should be created to check these statements on random basis. The definition of family should include assets owned as an individual, as member of HUF, Assets controlled as trustees and assets of dependent family members etc.

3 A 22. Farmers and agricultural companies earning agricultural income in excess of Rs. 4,00,000 should also be subject to all taxes like any other entity.

3 A 23. In all the case TDS should be deducted @ 15% from payments like salaries, interest, rent, winnings, dividends etc.

3 A 24. Any individual living in the country for less than 180 days in a calendar year should be treated as Non-Resident Indian. All others are Residents.

3 A 25. Income earned by non - resident outside India not to be taxed in India irrespective of the duration of their stay in India. All residents will be subject to tax on their foreign income, subject to double taxation agreements with individual nations.

3 A 26. Capital gains should be taxed like any other income. Capital gain should be calculated on the basis of net sale price less net purchase price. If the asset sold, was not purchased by the seller, the entire sale price to be treated as income.

3 A 27. Dividend income should be taxed as any other income.

3 A 28. Non-filing / Late filing of returns to attract minimum fine of Rs. 1000/- or 50% of tax and interest due whichever is more.

3 A 29. All kinds donations to be allowed as business expenditure subject to maximum 5% of the taxable income.

3 A 30. All money gifts to be treated as normal income. All marriage gifts to be taxed as normal income irrespective of donor. Gifts in kind in excess of Rs. 50,000/- to be taxed as normal income.

3 A 31. Wealth tax to be charged at 2.00% of net wealth in excess of Rs. 1,00,00,000/-. The wealth means only land without building, unutilized real estate, jewellary and cash. Rest of all assets should be exempted. The logic behind taxation of wealth should be discouraging the people from investing in unproductive assets.

3 A 32. Estate duty should be charged @ 5.00% of net wealth inherited if it exceeds Rs. 5,00,00,000/-.

3 A 33. Raids & Surveys should only be undertaken in unavoidable circumstances with the specific permission of Chief Commissioners & Chairman CBDT. Officers recommending raid proposals should be accountable. Details of Raids / Surveys conducted and their final results should be placed in the Parliament.

3 A 34. Anyone in possession of cash in excess of Rs. 10,00,000 without proper explanation should also be subject of police action and enquiry also.

3 A 35. One individual should be allowed to open maximum two bank accounts in one city.

3 B Other Taxes.
3 B 1. Excise Duty, Custom Duty and Service Tax should be charged @ 8% of the turnover / value of services, where annual sale is in excess of Rs. 1,00,000,000/- or the value of services rendered is in excess of 20,00,000/-. No exceptions & no exemptions, no classifications. Every business should fall in one of the category.

3 B 2 MODVAT credit to be allowed.

3 B 3 Provisions regarding assessment, interest, appeal, etc. can be common and same as applicable to direct taxes.

4. General Provisions.
4. A. Cheque Bouncing should be treated as a criminal offence. Punishment u/s 138 is not sufficient. More strict & enforceable law required.

4. B Individual loan defaulters and all directors of defaulting companies should be blacklisted and their names be published on 1st January every year in the national newspapers and on the government website. Passport of all such persons should be confiscated. No further loans to be granted. Action under any other law also possible. Withdrawal of voting right etc.

4. C. A special status should be given to all citizens who have achieved exceptional success in their business or profession. The criteria of selection could be anyone of the following:

4 C 1. Chairman of the company employing more than 10,000 persons.

4 C 2. Capital employment of more than 5,000 cr.

4 C 3. Corporate income tax contribution of more than 500 cr.

4 C 4 Corporate excise duty / customs payment of more than 500 cr.

4 C 5. Individual tax contribution of more than 10 cr.

4 C 6. Corporate Exporting more than 5,000 cr.

4 C 7. Corporate Imports more than 10,000 cr.

4 C 8. Turnover more than 50,000 cr.

4. D Special Status Scheme should entitle the person for the following privileges:

4. D.1 Business award by the President

4. D.2. Diplomatic Status for the Chairman of such corporate

4. D.3. Free Personal Security by Government

4. D.4 Central Cabinet Member Status

4. D.5. Blue Light Vehicle.

4. D.6. Etc.

If the political and bureaucratic establishments agree to implement the new system on the lines mentioned above, India will have the most transparent and efficient revenue collection machinery working without any kind of policing, coercion, compulsion. It may inspire many other national economies to adopt a similar system.

Thursday, January 13, 2011

3 Keys to a Profitable Online Home Business

There are a lot of ways to make money on the internet, but there are three things that you can always do to increase your chances of success online. If you are not applying these principles to your business, you will continue to struggle. Take notes and remember these three keys in all of your online interactions.

1. Sell What People are Buying- This should always be a part of your research. It does not make good business sense to try to sell something that there is no demand for. There are several ways to do this.

One technique to find market demand is to go to amazon.com and look at the "Best Sellers" List. Also look at the "Movers and Shakers" list. This will give you a good idea of what products are hot right now.

You can also look at expired eBay auctions to see what items are the most popular sellers.

Also look in the ClickBank marketplace for items that have a gravity of 50 or better. That means that multiple affiliates have had success selling those products.

2. Use the Right Keywords- This is a simple concept. You should always aim to use the right keywords in your content, sales material, auctions, etc... This will lead to the right people finding your offer.

3. Always Deliver Value- This means putting the interests of your readers and your potential customers as a priority. Take the focus off of trying to make more money and focus on assisting your target market, and you will eventually earn more money.