Economic history First five decades Pakistan was a very poor and predominantly agricultural country when it gained independence in 1947 from Britain. Pakistan’s average economic growth rate since independence has been higher than the average growth rate of the world economy during the period. Average annual real GDP growth rates were 6.8% in the 1960s, … Read more
Have you filled up the gas tank lately? If you have then you know it is a pain at the pump for everybody in America. But the real pain is something most middle Americans don’t even know about, and I’m not even talking about the 47% of the country that does not pay taxes. No, … Read more
Contents1. Market place2. Trading on the stock exchange floor3. Securities. Categories of common stock3.1 Growth stocks3.2 Cyclical stocks3.3 Special situations4. Preferred stocks4.1 Bonds-corporate4.2 Bonds-U.S. government4.3 Bonds-municipal4.4 Convertible securities4.5 Option4.6 Rights4.7 Warrants4.8 Commodities and financial futures5. Stock market averages reading the newspaper quotations5.1 The price-earnings ratio6. European stock markets–general trend6.1 New ways for old6.2 Europe, meet … Read more
Late night TV is convinced that investing in real estate is the best way to make a million. Many investors are looking at big returns with no money down. While that is unlikely, it is possible to make money in real estate. But you have to know that this is simply an investment, and … Read more
Have you given any seriouse thought to retirement money? You and your neighbors are spending too much! You’re living high now, but unless you make a quick turnaround you are going to pay dearly in the not so distant future. That’s the essence of a recent report by Ernst and Young. The study says that … Read more