The World Business

Archive for December, 2010

If you want to invest something for your future, you can consider gold. And there are so many kinds of gold that you can invest. Here are the kinds:

1. Gold bullion
Investors who invest in gold would choose gold bullion. Gold bullion is considered valid if its purity reached 22-24 carats.  You can transact online through logammulia.com or contact phone number 021-299 80 900.

2. Gold deposits
You may not want to store the physical gold in the house because of the risk of theft. For this reason, gold can be stored in safety box at a bank or another. Or if you see bullionvault.com, this company provides gold transactions at once to save it.

3. Mutual fund gold
Gold mutual funds are another way to invest in this precious metal. You need not actually holding physical gold, but you can take the benefits.

4. Shares of gold mining
Investors who want to invest in gold without having the physical metals can also choose this type. You can buy shares in gold mining companies. Investors expect stock prices rise because of gold mining companies gold prices rose. However, these two events are not always congruent.

5. Gold ETF
Exchange Traded Fund (ETF) are mutual funds traded on stock exchanges. You can do this transaction with gold-based mutual funds.

6. Gold futures
Gold futures is another way of investing in gold without having physical gold. Buying and selling gold-term contract with a specific need. The price is also stated in the contract. If the gold price on the date the contract is higher than the gold price when the contract is made, then the investor will make a profit. However, if the price is lower, the investor will lose money.

7. Jewelry and gold coins
Gold coins, especially the rare, highly valued in the investment. It’s not just because the value of gold but also because of the scarcity value.

Just when almost everyone will get a tax deduction, a tax cuts to expire would force hundreds of thousands of workers to pay more for their daily expenses: round trip to work. Mass public transport users can save up to $ 1,000 per year under the federal tax cuts that will be deducted after 31 December. Unless Congress takes action, the savings they will cut almost in half. The blow was particularly painful because it will happen when the transportation costs go up in New York, Washington and other cities.

Tax cuts will work like a lot of health savings accounts. Workers can set aside up to 230 dollars per month to cover transportation costs. The money is not taxed, go to a separate account to pay for mass transportation. Starting next year, the account will be limited to 120 dollars per month. Congress temporarily raised the limit is as part of a stimulus package that passage in 2009.Some Democrats are still fighting to renew a higher limit. But the Senate rejected last week as part of broader legislation. Proponents say the higher limit to encourage commuters to choose mass transit instead of cars, reduce congestion, and pollution. Motorists foam use up to 230 dollars per month in pre-tax money for parking. Mass transit advocates say would only be fair to give users the same savings.

“If we’re going to give tax cuts for parking, at least we should give the same discount to people who use public transportation,” said Randy Rentschler, spokesman for the Metropolitan Transportation Commission in Oakland, California. By encouraging the use of mass transit, tax cuts that help offset the environmental damage caused by millions of motorists every day.
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Forbes indeed always makes a list of rich people all over the world, including China.  The richest one from China is Qinghiu Zong,  Wahaha Group, a food entrepreneur. The total wealth of 65-year-old businessman was U.S. $ 8 billion. Do you know that the richest man number two is charted by a young man called Robin Li. He is an entrepreneur whose name rised up in the information technology industry. Robin Li is the founder of search engine Baidu Inc., The challenger giant Google.

Understandably, other than the youngest age that is 42 years, Robin is also considered to benefit from search engine giant Google’s departure from China. This condition is positive for earnings Baidu bear fruit so it is not surprising that personal wealth Robin was doubled from a year earlier. Baidu is expected to continue growing even after their plan to take over the online shopping site Taobao. As in previous years, Hurun Rich List which conducted the survey since 1993 include the richest people in China from the age of 34 years. This figure is 15 years younger than the age of the richest men surveyed in Europe and the United States.

Robin Li’s wealth is around U.S. $ 4 billion a year to $ 7.2 billion. This 42-year old man is a breaktrough entrepreneur with wealth driven by the rapid growth of Internet users in China.  It is not the first time for Robin Li to be listed on Forbes . In fact, last year he entered the world’s richest people list at number 258.

Wealth Ma Li and his wife Melissa, doubled in a year. This is a very amusing fact about business world.

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