US Poker Players: The new law doesn't criminalize the
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withdrawing funds at Internet gambling sites.
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The money market is a subsection of the fixed
income market. We generally think of the term "fixed income" as synonymous
with bonds. In reality, a bond is just one type of fixed income security. The
difference between the money market and the bond market is that the money market
specializes in
continual buying and selling of short-term
liquid investments (debt that matures in less than a year), including Treasury
bills, certificates of deposit (CDs), commercial paper, and other debt issued by
corporations and governments. Money market investments are also called cash investments
because of their short maturities.
Money market securities are essentially IOUs issued by governments, financial
institutions, and large corporations. These instruments are very liquid and
considered extraordinarily safe. Because they are extremely conservative, money
market securities offer significantly lower return than most other securities.
One of the main differences between the money market and the stock market is
that most money market securities trade in awfully high denominations. This
limits the access of the individual investor. Furthermore, the money market is a
dealer market, which means that firms buy and sell securities in their own
accounts, at their own risk. Compare this to the stock market where a broker
receives commission to acts as an agent, while the investor takes the risk of
holding the stock. Another characteristic of a dealer market is the lack of a
central trading floor or exchange. Deals are transacted over the phone or
through electronic systems. If you want to learn more on Money Markets,
Instruments of the Money Markethas an extensive guide to money market securities
from the Federal Reserve Bank of Richmond.
This book basically presents two key things- fundamental
concepts of investing and saving your money, and information on the best ways to
go about doing that, when you don't have the slightest idea on how to do it. They have also written
Motley Fool Money Guide. It's in a question-and-answer format and
tackles the most common questions about understanding investing and stocks,
managing portfolios, and evaluating companies. They also have a very good web
site called Fool.com.
Spend less than you earn! People who spend every penny
they make usually end up going broke.......
Take enough risk on the money you save! Playing safe by
putting your money under the mattress or in a savings account
will not make you wealthy..
Remember that.....Fully one-fifth of humanity, some 1.3 billion people,
struggles to survive on less than $1 per day. About 40% of
humanity survives on less than $2 per day. More than a billion
people around the world will go to bed hungry tonight. Life
expectancy in some 32 countries is less than 40 years. If you
have a few extra dollars in your pocket (you don't have to be a
millionaire to make a difference), please share some of your
financial good fortune with others who are in great need.
Think About It... Being in the 'now' brings a freedom, unlike living
in the past or in the future, which is a kind of imprisonment.
This isn't a kind of a denial where you pretend life doesn't have
problems. Life is full of problems, but most of those stresses
and failures are reliving old hurts or worrying about future
concerns. -- Carl Honore
When you 're diagnosed with cancer, you start to
bargain with God: "Let me get through this, and I'll take better
care of myself. I'll get my priorities in order. I'll learn to
live every day to the fullest." Isn't it sad that you have to get
sick before giving yourself permission to live life to the
fullest? -- Robert Schimmel
Look at Life in different & Positive ways
