Friday, October 30, 2009

America’s Silver-Collar capitals..Are you planning to postpond retirement.

Things have change a lot in the recent years especially after the great recession. Long ago after a certain age people used to start thinking of retirement and planned to have relax life enjoying a cup of tea in the balcony with their entire family, playing with kids, watching the sunset in the beautiful twilight of dusk. But now things are changed totally people have ample time of pleasure in their nearing retirement age.

Yes off course there are certain reason, the financial condition is not too good as it to be before. A simple middle class people hardly can save anything for future. Cost of living has become higher and price of commodities are increasing day by day. So people are planning to work after retirement also, some has postponed their retirement for years.

In America lots of individual nearing retirement age plans to work more and some are started working after retirement and they are finding themselves lucky to work in Silver collar capitals-spread all across U.S. which includes Anchorage, Alaska, Washington, D.C. Southern Connecticut, Lincoln, Neb. Lexington, Ky. And many more…

According to the latest census report available till 2008 the 10cities spread over in silver collar capitals have the highest percentage of working people with age 62 and above. And still many are looking for job. The percentage rate has certainly increased more after recession. America's Silver-Collar Capitals, has been found from the data of the U.S. Census Bureau's 2008 American Community Survey. of the metro areas.

My Intention to write this post was not to get people scared who are in age of retirement or planning to retire, but to make people and our present government aware of the situation what it could be after few years and where we will be.

So if you are young and currently employed or a businessman this is the perfect time to work hard as much as you can and make you financially stable so that you don’t even have to think to work more at a certain age and you can retire with a free mind hoping to enjoy your old age with your family….

Good Luck.

Friday, October 23, 2009

Forex Trading…..An overview

Forex trading,FX or Foreign exchange are the different terms that describes the trading with different currencies of the world. We all know that forex market is world largest in terms of liquid financial market. Every day the trading amounts to more then USD 3 trillion approx.

Forex market is not controlled by a central exchange like stock market trading but it is conducted on the interbank marker which is based on OTC i.e. over the counter market. Telephone and electronics networks are mainly used for trading all over the world.Its a 24/7 market and the main centers for trading are Newyork, Sydney, London, Tokyo, Frankfurt.

A currency trade takes place by simultaneous buying and selling of different currencies of the world. EURUSD, USDJPY, USDCHF and GBPUSD are the most common currency used for trading.It is also termed as “majors”

Learn more about Forex trading and start trading now:

Wednesday, October 14, 2009

Motorhome Insurance: The freedom to roam

Having a motorhome gives you the freedom to roam, to travel at will, to nearly any holiday destination of your choice. It negates the need to book a B&B, hotel room or pitch a tent. That also makes them ideal for going to seasonal events like music festivals or big sporting fixtures. There are also plenty of other people out there could make good use of your motorhome, so they are often hired out as a source of extra income.

But with freedom, comes responsibility. Motorhome owners need to get the right kind of insurance to maintain that freedom.

When shopping around for motorhome insurance, there are some of things you need to remember. The basic information you provide when getting a quote must be accurate, so if you hire it out you could check any boxes that ask if you use it for anything other than touring, and how often it leaves the country. A good motorhome insurance quote website will have these and more questions- it is sign that you are dealing with a reputable company.

This is the type of information you should have to hand when getting a quote:

· First identify the make/model of your motorhome- Elddis, Winnebago, Fourwinds, and Cherokee are some popular makes.

· The annual mileage of the vehicle.

· It’s engine size.

· How many years no claims bonus you may have on any other vehicle.

· Non-standard details such as whether it was imported or what modifications it has had.

· The type of security fitted for your motorhome.

· If you’re a motorhome club member.

· Where the motorhome is normally parked- on the street, in a garage, in a lock-up etc.

These are just some of the things you need to consider when looking to compare motorhome insurance quotes.

As with other insurances, motorhome insurance is priced according to the risk that drivers present. Fortunately most motorhome drivers tend to travel at a leisurely pace and are rarely involved in accidents.

Friday, October 9, 2009

Obama wins Nobel Peace Prize 2009

U.S. President Barack Obama has won the Nobel Peace Prize 2009.The Nobel Committee highlighted Obama’s extraordinary efforts for co-operation with people, International bodies and for promotion of nuclear disarmament .One of his biggest effort also can been seen to strengthen International diplomacy. There were questions in many minds .Why he was awarded as he has not completed a year since he took office.Mr Thorbjoern Jagaland head of Nobel committee answered in a simple way "It was because we would like to support what he is trying to achieve". And its true also each and every one is aware of his effort .He is well known to this world in a very short span of time His effort was supported by whole word.

A record Two hundred five nominations were there for this prize among them a Chinese dissident and Zimbabwe’s prime minister were the favorites.

The laureate - chosen by a five-member committee - wins a gold medal, a diploma and 10m Swedish kronor ($1.4m).

There were rare people among the nominations who captured the world attention as Mr. Obama did and given its people hope for a better future," the Norwegian committee said in a statement.

The committee also stated that the US president had "created a new climate in international politics".

His concepts were much clear and were based on the values and attitudes that are shared by the majority of the world's population.” He tried to judge people and the world in a very diplomatic way and worked according to it in every aspect. He had given a new beginning to this world and hopes he continues and succeeds.

Best of luck MR.BARACK OBAMA you are the future of this world.

Saturday, October 3, 2009

U.S. Job loss recorded the 26 year highest 9.8 percent.

The Job Loss percentage in U.S is still alarming high. It touched the 26 year highest jobless rate 9.8 percent in September compared to 9.7 % of August. Unexpectedly U.S. employers cut more jobs in September compared to that of August. So more and more people are becoming jobless in spite of cost cutting ,salary deduction and all those necessary steps taken by Mr. Obama.

We are just in a path of recovery from the worst recession of the decade, but still the effect of recession is not over, we must not take these things lightly. "We are more inclined to view September as a temporary setback than as a signal that the decelerating trend in job losses has stalled out," said Stephen Stanley, chief economist at RBS in Greenwich, Connecticut. But I think it’s high time now and Government should take necessary steps to overcome this situation.

The number of unemployed people has increased to 15.1 million from 7.6 million since the recession started. Still there is no sign of any improvement .Hiring by companies is still on a low scale and the probability of loosing job is getting higher and higher and I am afraid what will happen to our coming generation.