Archive for October, 2009

"If Not Understood, Do not Play Derivative Transactions"

Posted on October 31, 2009 with Comments Off

Derivative transactions require special expertise. This transaction can only do customers really understand the risks that will happen. Derivatives transactions are usually done between two parties, or bilateral. It causes no supervision or oversight.

For that to which the derivative transactions must understand the risks and benefits that will be able to. If you want to go to learn first, if necessary, have the financial experts from banks.

In such transactions is not true if the bank’s position is higher (superior) than the customers, because they both agree on contracts. So far, banks look superior because banks will not allow have an open contract position or loss would be greater than the number of transactions. “The position of the banks are not superior, the same initial position.

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Category: Business

Start Year Financial Resolutions 2010 with SMART

Posted on October 19, 2009 with Comments Off

Tips from the Citibank name, initial steps to manage finances better is to evaluate your current financial position, namely the re-asset records (whatever you have) and how much debt you have. Good way to manage finances is used to create a budget where you can monitor the income and expenditure.

Based on the survey Financial Intelligence (Financial Quotient) from City Indonesia, only about 29% of people who follow a monthly budget that they create, while 82% had at this stage of trying to create and follow a budget.

For the start of financial management and tidy up after you know the current financial position, and then it is good you set goals and how to achieve your financial goals. Objectives and Financial Plan is SMART (Specific, Measurable, Attainable, Realistic, Tangibles).

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Category: Financial Planning