Archive for August, 2008
Understanding Forex- Getting The Best Results With Your Forex Course
Forex Course
A course on forex trade helps the individual investors understand the market and perform well in earning profit. The course includes systematic analysis of the data pertaining to the trade in the past and the vital indicators in the area of GDP, production etc, pertaining to the country. This technical and fundamental analysis gives the investor a fair sight about the market, depending on which, strategies can be formed for making money out of the market. As a part of the course, the trader is exposed to online forex trading, which gives tremendous confidence to the retailer. Read more
No commentsForex Trading Robots - How Profitable Are They?
Image credit to google
Forex trading robots are becoming increasingly popular with people buying these trading robots in their droves. It’s easy to see why because most of them promise healthy profits and can be easily integrated into Metatrader4, but how profitable are they in reality? Read more
No commentsThree benefits of business credit cards
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NEW YORK (MarketWatch) — Owning a credit card for your business comes with certain advantages. In fact, as your business grows using one can become necessary for saving you both time and money.
Here some benefits of a business credit card:
Keeps personal and business expenses separate. The credit card will only be used for business-related expenses, so when a statement comes it will be easy to review. You won’t need to do any tedious highlighting or underlining of expenses that don’t belong in your business records.
Makes tracking employee spending easier. Many small businesses are set up so the owner needs to give approval on every transaction before payment is made. This not only slows the process of making routine purchases and paying bills but also means that you need to be on call for your signature. A better way to keep track of spending is to issue individual cards to each employee and link them to your business account. On your billing statement, the transactions will be itemized and divided based on each employee’s individual purchases. Not only does this make it easier to view, but if any employees are big spenders you will catch it fast.
Financial statements to stay organized. Credit-card companies routinely generate a variety of different reports for business customers, including quarterly and annual statements that break down your spending. Among other things, it will make life much easier around tax time. Instead of digging up old receipts, you can just send your accountant a printout.
By Marshall Loeb, MarketWatch
No commentsAsset Finance boosts dividend despite loss
Whakatane-based finance company Asset Finance has posted a loss of $583,296 for the year to March 2008, compared with a profit of $827,938 the previous year.
Despite this, the company still managed to pay its two shareholders a dividend of $611,980, up from $150,000 the prior year, according to latest company accounts.
The two shareholders are directors Dennis Hodgetts and Clive George, while the two other directors of the company are not listed as having any shares.
The company defended the dividend increase, saying the payment related to the previous year.
The net effect to shareholders was only $11,980 since another $600,000 was raised following the issue of ordinary shares during the period, operations manager Blair George said.
As at March 2008 Asset Finance Ltd had total liabilities of $23.5 million. Total debentures and capital notes at that period were $21.3 million, according to the annual report.
Assets included $12.56 million in loans and advances, with $12.19 million overdue and $5.88 million less than 30 days overdue.
When asked whether they were still accepting redemptions and paying debenture holders interest, Director Dennis Hodgetts said, “Of course we are”.
Asset Finance has 14 branches in the North Island, and according to their website offers personal loans, debt consolidation loans, car finance loans, and business & finance loans.
Sources: Mitchell Hall

