Tuesday, 31 May 2016

Emerging trends in ladies handbags and purses

Bags can either make or break an outfit. Gals who are into bags know this fact and are very much careful in picking up the bag that could suit their outfits. If you are someone who is greatly into fashion, you probably have the feeling of lusting over gorgeous trends of bags. People, particularly women, always look for something fresh that will complete their wardrobe. It’s a constantly emerging trend each year. And this is what women look forward to. As the year starts, new designs of handbags and purses will definitely entice the craving eyes of fashionistas.


Like other kinds of fashion, footwear and clothing, the trend of bags is another work of history. It comes and it goes and it comes back. What makes it fresh is the color and outfit it perfectly goes with.


To make your whole year fashionably perfect, get to know the emerging trends of handbags and purses for this year.


Clutch Handbag


It's the hottest shape of the year. Grab one for your own. With this vintage and retro-looking handbag, you will definitely sport a flair for an antique style. A cluth handbag is perfect for ladies on the go. Many businesswomen like it because they can just take it anywhere they go. This small cute thing is actually big enough to hold your things.


Patent Handbag


It's a chic handbag for everyday use. Whether you would like to go on a formal meeting or spend a night out with your friends, this patent handbag goes perfectly with any occasion; smooth or funk.


Mini Handbag


You were drowned by last year's huge bags. Now is the time to go mini. Get the basics, put them inside your mini handbag and you are ready to go!


Metallic Handbag


With its luster, no wonder it's been coming back the trend. Just pick some fabulous color and have a refreshing look on the metallic trend that's been a part of the past.


Convertible Handbag


Hang it across your body or over your shoulder or use it in a handbag mode, it doesn't matter. This gives the lady the always prepared effect. Convert it, pull the strap longer and you are on the go mode. Convert it and pull the straps shorter and you are now in the chic mode.


Pocket Handbag


Women are fond of small things in nature; wallet, coin purse, key chain, mobile phone, organizer and others. But the thing is women are also forgetful in nature. Thus a pocket handbag is perfect for these women. With lots of pockets in it, all your small things have a space without giving you the hardship of looking for them inside your bag.


White Handbag


With all the different colors that go along with the trend, white stands out. Nothing feels fresher than carrying with you a clean white handbag. It's trendy and refreshing.


Oversized bags


The trend changes very often. However, there are always some that do not go with the change. Still, some shapes and size remain every season and oversized handbags are one of them. Nothing beats a bag that carries everything you need. It is perfect for those who love to work and those who are always on the go. Put some pieces of your shirt, towel, personal hygiene necessities, cosmetics and even one extra pair of shoes and you are ready to go.


Remember that a handbag is a big part of one's outfit. It should fit your body type. Being in the trend is a plus but check if it’s right for you. Don't be shy to try on these handbags at the store. Check if it looks good on you and if it feels comfortable wearing it. If not, don't hesitate to try another one. Do not forget that bags can actually flatter your looks as much as a pair of jeans does. Moreover, bags do not ruin your looks. So put some sense of style and taste when picking a bag of your choice.


You already know the hottest handbags of the year, now is the time to check your wardrobe. Do you have them? If you do, check if the color goes with the trend, take them out and give some refreshing look on them. But of course, fresh is fresh and fresh is new and be fresh by checking out some of the hottest bags this year. You worked hard last year and it wouldn't harm you to reward yourself at the start of the year with some of what a woman like you fancy most - and if you know someone who is a bag lady, perhaps your mother, sister, wife or girlfriend, make her happy by giving her one the hottest bags this year. It will surely paint a smile on her face.


Cialis the weekend pill

Cialis is the best muscle relaxant that increases the blood flow to different parts of the body. Cialis is also used to treat erectile dysfunction or impotence. Due to its long duration action, it is often called ’36 hour pill’ or the ‘weekend pill.’


Cialis, a member of PDE5 enzyme inhibitors family, works by blocking up the enzyme that causes an erection to go flaccid. At present, Cialis is marketed in around 40 countries and is available thru prescription in pharmacies on five continents. Initially, Cialis was originated by Icos, a small biotechnology company in the United States. Icos has formed 50/50 joint venture with American Pharmaceutical Giant, Eli Lilly & company. The partnership is known as Lilly Icos .


Cialis is available only by prescription. The most common side effects associated with taking Cialis are headache, stomach upsetting, backache, muscle ache, dizziness, nausea, numbness, allergic reaction, difficulty in breathing; swelling on face, lips, tongue, or throat, tingling in chest, arms, neck, or jaw during sexual activity. The serious fallouts related with Cialis are chest pain, irregular heartbeat and vision changes. If any of these side effects occur, stop using Cialis, and do get emergency medical help, if you have sudden vision loss.


Remember that Cialis doesn’t protect against sexually transmitted diseases (STDs), including HIV. It is detrimental to take Cialis if someone is already taking nitrates, often recommended for chest pain, as this may result into a sudden or unsafe drop in blood pressure. Don’t drink alcohol in excess with Cialis, as this may raise the chances of dizziness or lowering of blood pressure.


Take Cialis as prescribed by the physician. Don’t take Cialis in larger quantities. Cialis should be taken with water, and it can be taken with or without food. Normally, Cialis is taken only when required, just before sexual practice. Cialis can help achieve an erection when sexual stimulation takes place. Avoid alcohol as it can raise side effects of Cialis. Don’t make use of any other impotency drug including alprostadil or yohimbine without discussing with the medical doctor.


Monday, 30 May 2016

The big adsventure or my google adsense adventure

Join me on my AdSense Adventure, I'll be trying different AdSense tips & tricks. This will be a little different than all the other 'get rich quick' guides: instead of telling you what to do I let you watch me try it all...


Let me tell you about my trial and error path trying to make some money with Google AdSense™. I’m sure you’ve seen a lot of websites on this subject already. Many of them tell you how you can make a 6 figure income with only a couple of hours work a week. They will even tell you exactly how to achieve this. Just buy their e-book and you’ll have all the tips and tricks from the pros.


I’m quite skeptical about these offers. Doing my own research on the Google AdSense™ subject, I’ve found quite a few people who paid for the e-book but are very unhappy about it. They all tell me that the information they paid for was very useful, but is also freely available. The great thing about the Internet is that you can find information on any subject for free. It’s not allways easy to find the information you are looking for, but if you know how and where to search you can find almost anything. If you are not very skilled in finding information on the 'net maybe you should just go ahead and buy the e-book but keep in mind that the e-book will be the author's view on the subject. Your own search will give you a better view of the big picture. Of course, finding the information will take some effort and time. To me the search for information is part of the adventure, a part that I don’t want to skip.


So lets get rich with Google AdSense™! Ok, back to reallity: do you really think you can get a 6 figure income from Google AdSense™? I’m sure some people do make a small fortune with AdSense™ but I bet it takes a lot more work then those e-book writers tell you.


I registered with Google AdSense™ back in December 2004. After one year my total earnings had reached $25. Yes I know that is about the price of the amount of beer you drink in one hour at the bar. Still this has been easy money: I don’t think it took me more than 20 minutes to sign up with Google and add the AdSense™ code to my website.


This year will be different: I will try to get some serious income from AdSense™. I’m not expecting a 6 figure income and I’m not giving up my job. My goal is to get a check from Google every month (for those of you who don’t know, Google sends out checks each month to people who have made over $100)


Join me on my blog at iloveadsense. com See how I fail and learn from my mistakes!


Being successful in affiliate marketing

The best way to be successful in affiliate marketing is to understand the goods and services you are selling and match these goods and services to the correct audiences online. When you conduct research online, you will notice that people who have the same tastes in clothing, food, hobbies, and other pursuits congregate in the same areas. These areas are popular websites, chat rooms and open forums, and blog sites. Before joining any affiliate marketing program, you should investigate popular markets online to see what people are interested in buying. Once you have a better understanding of these groups, then you can choose a company to work for. This will make selling products much easier.


Depending on the time you have to devote to affiliate marketing, you may be able to join more than one program as long as the programs do not promote competing products. When you work for more than one company, your chances to increase your profits are much higher. By catering to different audiences online, you will be able to maximize your profits in very little time. For many in the affiliate marketing business, understanding the products and markets is the key to their success.


In addition to placing ads in various places online, you can also create your own website and market that as well. Your website can entice customers to purchase products from the company you are working for by providing additional information, articles, and other items. You can also prepare a monthly newsletter so customers will return often to purchase additional products. This will mean additional commissions each time you are successful in attracting repeat business. Marketing your website and the products are all you need to be successful in this field.


While there are many other home business ideas you can take advantage of, affiliate marketing is one of the most fun. As you conduct research, you may get your own ideas for products to sell online. Once you know how to find markets, you can begin targeting more markets in order to increase your earnings. Those who become experts in affiliate marketing are able to bring as much as they want each month. Being able to control your income and work the hours you want to work are just some of the big rewards you will receive when you join an affiliate marketing program. Companies reward those who perform well by offering them higher commissions, the ability to train others and earn a commission off their sales, and much more.


Saturday, 28 May 2016

Wildlife and outer space in orlando

So, time for your annual holiday. And everyone in the family wants to do something fun, but maybe not the same thing. It’s more than likely that you don’t want to go to three or four places to satisfy everyone, nor to split up the family into different vacation spots.


The answer? Orlando.


Indeed, rarely has such a small city packed such a punch for giving the vacationer more than they ever bargained for.


There is of course Disneyworld for starters. More than a few families have found that place diverse enough fun enough for everyone in the family for their whole vacation.


I can almost hear you saying: “So, that’s one famous theme park. But we’ve got a whole vacation and don’t want to be driving everywhere to find some variety and some great fun. Oh well, maybe we’ll just go to New York or to California…”


Well, before you do something that drastic, let me tell you more about Orlando. You want theme parks? How about the seven world class theme parks in Orlando? Not to mention three water parks. And dozens of other classy attractions. One commentator claims that you would need 67 days to take in all of Orlando’s attractions.


So, let me tell you about some of them.


How about Gatorland for instance? Why a park devoted to these fearsome alligators and crocodiles? Well this isn’t Iowa and there are a huge amount of these reptiles in the Florida swamps. This 110-acre theme park and wildlife preserve is home to thousands of crocodiles and alligators; and though Orlando is a most friendly city, these ‘hosts’ at Gatorland may give you a bit more of a scare than you bargained for. Besides ‘gators and crocs, you’ll also find here an aviary, a petting zoo, a nature walk and reptilian shows such as Gator Wrestling, Jungle Crocs of the World, and more.


Educational offerings include viewing the breeding process and other wildlife programs.


Another famous attraction is Busch Gardens, in Tampa Bay, about an hour drive from Orlando. The gardens are a fair distance from the hustle and bustle of Orlando, and easy to get to, which is a selling point for some tourists.


Busch Gardens brings the wonders of Africa close to home. There are more than 2,000 animals here, in a natural setting, though some of the thrills for both kids and adults include a roller-coaster ride and the Sky Ride cable car, with an excellent view of the park. The park also features the Serengeti Railway. There is also the Haunted Lighthouse, which is a 4D show for kids over seven. You can see KaTonga, a musical celebrating African fables, and the tomb of King Tut of Egypt. We can also recommend the rides at the Land of the Dragon. And don’t worry; you don’t have to hunt for your meals, as there is a wide range of dining at the Gardens.


Changing directions quite a bit, Kennedy Space Center invites you to embark on “Mankind’s Ultimate Journey”.


Just 45 minutes from Orlando NASA’s launch headquarters is located on a huge island wildlife refuge. In fact, it’s about eight times the size of Manhattan.


The Kennedy Space Center Visitor’s Complex gives you a rare opportunity to tour NASA’s launch and landing facilities. You can get a feel for space travel with their interactive simulators and live shows. Have you seen space rockets on TV or in the movies? Well, here you can see how big they really are. You can also meet a real member of NASA’s Astronaut Corps


Enough for a few days? Keep in touch and we’ll tell you a lot more about a city that’s bound to be one of your favorite vacation spots for a long time to come.


The ind trading company ltd

The INDI Trading Company Limited


Investing


landhauser tourismus kanaren


The INDI is an international company dedicated to making a financial difference to people's lives. For so long the rich have become richer and the poor have been struggling to survive. We at INDI believe that a person's financial status is directly equal to the knowledge he/she possesses, and the opportunities a person makes use of in his/her lifetime.


With INDI you don't have to know much to change your financial status,


but need to trust that we can help make a difference to your life,


and your loved ones' future.


HOW DO WE DO THAT?


To participate in our investments you must become a shareholder in The INDI Trading Company Limited. Shares in the Company are available at a cost of R1 each.


After purchasing a share, you may lend the Company any amount you choose.


The INDI Trading Company Ltd of South Africa buys and sells All Share Index (ALSI) Futures Contracts listed on the South African Futures Exchange, using your money as well as additional money.


We also make trades in FOREX and S&P Futures contracts.


The best part of it all is that you don't have to do a thing, we do it all for you!


We trade to the best of our ability and we do not charge our investors


any transaction fees.


In return for investing your money with INDI, we offer you a variety of investment packages to suite your needs with very handsome returns that range from a guaranteed fixed return of 1 Ѕ % to 2 Ѕ % per month for our No Risk Investment Products to approximately ±5% per month for our High Risk High Return Investment Product. Be aware that The High Risk High Return Account does have a fluctuating return on a monthly basis. This means some months you can gain and some months you can lose. The other currencies we deal in is US Dollars, GDP, Euro's


Each account or product does have certain criteria involved, like notice periods to withdraw your funds as well as minimum investment amounts. So please read through our investment products to see which option will suit your needs best.


You can choose to withdraw or reinvest all or part of your trading profit or interest. This can be a very convenient way to supplement your monthly income with the funds you have set aside.


The INDI Trading Company Limited offers to buy and sell All Share Index (ALSI) Futures Contracts, listed on the South African Futures Exchange, using your and other money. We also make Forex trades.


We shall trade, to the best of our ability, and charge you a quarter of daily realised profits, for our services. Trading losses are possible, but the Company guarantees these will not exceed R4500 per contract under the worst possible circumstances. You may withdraw part or all of the end-of-day credit balance on your account at any time at 14 days' notice. Expect, but regrettably we cannot guarantee, an average return of 5% per month, after taking occasional setbacks into account.


Please note that we do have a variety of investment products available, visit our products page for more information


(Please note: The INDI Trading Company Limited levies no administrative charges whatsoever. That means free enquiries and monthly statements by post, on indi. co. za. There is also a newsletter to view which is updated on a monthly basis.)


Why You Should Invest


Investing has become increasingly important over the years, as the future of social security benefits becomes unknown.


People want to insure their futures, and they know that if they are depending on Social Security benefits, and in some cases retirement plans, that they may be in for a rude awakening when they no longer have the ability to earn a steady income. Investing is the answer to the unknowns of the future.


You may have been saving money in a low interest savings account over the years. Now, you want to see that money grow at a faster pace. Perhaps you've inherited money or realized some other type of windfall, and you need a way to make that money grow. Again, investing is the answer.


Investing is also a way of attaining the things that you want, such as a new home, a college education for your children, or expensive 'toys.' Of course, your financial goals will determine what type of investing you do.


If you want or need to make a lot of money fast, you would be more interested in higher risk investing, which will give you a larger return in a shorter amount of time. If you are saving for something in the far off future, such as retirement, you would want to make safer investments that grow over a longer period of time.


The overall purpose in investing is to create wealth and security, over a period of time. It is important to remember that you will not always be able to earn an income. you will eventually want to retire.


You also cannot count on the social security system to do what you expect it to do. As we have seen with Enron, you also cannot necessarily depend on your company's retirement plan either. So, again, investing is the key to insuring your own financial future, but you must make smart investments!


Along the way, you may make a few investing mistakes, however there are big mistakes that you absolutely must avoid if you are to be a successful investor. For instance, the biggest investing mistake that you could ever make is to not invest at all, or to put off investing until later. Make your money work for you - even if all you can spare is $20 a week to invest!


The best 100 money tips ever!


Take these tips to heart and you’ll have a solid foundation for future financial well-being.


1. Save 10 cents from every R1 you earn. If you put away at least 10 percent of your income as part of a long-term savings plan, there is a good chance that you will have a financially secure future and be able to attain your financial goals.


2. Put 10 percent of every pay increase towards savings, particularly long-term savings such as a retirement plan. If you are employed and belong to a retirement fund, your contributions will increase automatically in proportion to your pay rises. This will help ensure that you stay well ahead of inflation.


3. Use the “Can I sleep?” judgment when making investments. An investment is too risky if you are going to lie awake at night worrying about it.


4. Diversify your investments. Never invest more than five percent of your assets in a narrow investment (for example, a specialist unit trust fund such as an emerging company one) or in an unregulated investment. Diversifying your investments will ensure you don’t lose everything if one investment bombs out. Many people who invested all their assets in major scams such as Master bond lost everything, and the same thing can happen in the regulated market if you put all your money into one sector ... just consider how the information technology bubble burst in 2000.


5. Be extremely cautious if the returns promised on an investment exceed what is generally available. If they sound too good to be true, they probably are. It usually means the investment is too ambitious in its claims, too risky, or simply a scam.


6. Know the difference between effective and nominal interest rates. Normally, banks will quote you a nominal interest rate when lending you money, but a higher, effective interest rate when you invest money. The nominal interest rate is the simple rate. The effective rate is calculated by compounding the interest earned or charged.


7. Check whether the interest you are being paid is credited monthly, quarterly or annually. Say you invest R10 000 for 10 years. If you receive interest at 10 percent credited annually, you will get a total return of R25 937. If it is credited monthly, you will receive R27 070.


8. How do you decide whether you should invest directly in shares? Simple. If you haven’t got the time to learn about stock markets, to follow the progress of companies or to track your portfolio, rather invest in unit trust funds and/or life assurance endowment policies that have shares as their underlying investments.


9. If you do invest directly in shares, your two most important considerations should be ensuring that you have a properly diversified selection of shares across the stock market sectors to reduce risk, and regularly rebalancing your portfolio. When a share rises in price, you should consider selling some, but not all, of these shares, so that you make a profit, but your overall portfolio remains proportionally the same as it was when you started. By doing this, you’ll be able to reap further profits if the share price continues to rise.


10. If an investment product is too complicated to understand, avoid it. It does not mean you are stupid. It simply means that the product provider and/or financial adviser are trying to baffle you.


11. Always check the costs of any investment product. Some products are prohibitively expensive. You should be given a breakdown of the costs in three ways: as a percentage of your investment; as a fixed amount; and as the amount by which the costs will reduce your investment at maturity date. Be very careful if the costs are more than six percent at entry and more than two percent a year thereafter.


12. Always check how much commission is being paid to your financial adviser. Some financial products – particularly those offered by so-called linked investment product providers – come with particularly high costs and commissions. High commissions can be a perverse incentive for advisers to miss-sell.


13. A product offering a range of underlying investment product choices, such as a wide collection of unit trust funds, is often not in your best interests and may come at additional cost. Be very cautious if anyone recommends that you invest in a linked investment product with a wide selection of underlying investment choices. Remember that linked investment products come in many forms and are also offered by life assurance companies. The simpler and cheaper solution may be to invest in a properly diversified unit trust fund, such as an asset allocation fund that offers underlying investments in all the main asset classes, such as cash, bonds and shares.


14. Don’t be afraid to negotiate commissions/fees for financial advice. Most financial products allow you to do this. After all, it is your money.


15. If you have a choice, should you pay a fee or commission for financial advice? As a general rule, a fee is better for large amounts of money and a commission for smaller amounts.


16. If you are a true investor, you invest for the long term and you don’t panic when markets fall. If you want to invest for the short term, you should use a bank term deposit or a money market account rather than an investment in the equity markets.


17. It is time in the market and not timing the market that counts. Don’t try to time markets or sectors of markets. Few people have got rich from doing this and most have lost money. The best way to get rich is to take time to select an investment product that has properly diversified underlying investments, and then to stick with it for the long term. Most people make the fundamental error of buying into an investment when it is at the peak of its performance and then selling out when its value has dropped.


18. Always check that an investment product and/or company is registered with the Financial Services Board (FSB) before investing. If it is not registered and things go wrong, you will have little recourse, so be extremely wary. You can telephone the FSB on 0800 110 443 or 0800 202 087 to check.


19. Charges on life assurance investments (endowments) are proportionally higher on lower amounts. Check the structure of costs in relation to premiums. You might find that paying just a few rand more every month costs you proportionally less. This will give you a better return.


20. Investing on a regular basis is a good strategy in volatile markets. If markets rise, your investment improves in value. If markets fall, you get more for your money, and you’ll benefit when markets go up again. This is known as rand-cost averaging.


21. If you are investing a large lump sum, put the money in a money market account to start with and phase it into pre-selected investments over a period of time. This is particularly important with equity markets: don’t invest all your money when prices are high and lose out later, when they come down.


22. Don’t be taken in by labels. Some investment products style themselves as fulfilling certain needs (for example, “a savings plan for your child”). Banks often offer need-branded products. Always check the underlying investment proposal. There might well be a more suitable generic product with a better-performing underlying investment, such as a life assurance managed portfolio or a unit trust asset allocation fund, which has a low-risk structure but the potential for much better returns.


23. Don’t become emotionally attached to shares. If a particular share bombs out for good reason, such as bad management or failure to adapt to new markets, get out. But if the share value is falling as part of a general sector downgrade, there is little reason to sell.


24. If you are trading shares for short-term gain, you are not an investor, you’re a gambler. Don’t be surprised when you make a loss.


25. Avoid investing in unlisted companies. These companies are not properly regulated and are the favorite vehicle of scam artists. If you decide to invest in an unlisted company, make sure you do your homework first and understand all the risks.


26. Never invest in anything where the underlying investments are shrouded in secrecy. Your money is likely to be secreted away too, never to be seen again. A good example was Jack Milne’s PSC Guaranteed Growth investment scam. Milne refused to divulge the underlying investments, claiming it would show his competitors how he was getting exceptional returns.


27. Being a contrary investor can make all the difference. As investment market guru Sir John Templeton says: “The time of maximum pessimism in the stock market is the time to buy; the time of maximum optimism is the time to sell.”


28. Never invest on an ad hoc basis. You should have an overall financial plan designed to meet all your financial needs, taking into account your investment goals and life assurance needs. Investing in something simply because someone (and that includes your neighbor or hairdresser) recommends it, is unlikely to help you achieve your financial targets.


29. When you are advised to invest in something, always do a bit of research of your own. Get a second opinion and use the internet.


30. Use comparatively safe investments – such as life assurance smoothed-bonus policies and unit trust prudential or flexible asset allocation funds – as core investments. They may not give you spectacular performance, but they will provide you with a measure of security.


31. Investing in a low-cost index fund may not give you top performance, but at least it will not give you bottom performance. Local and international research has repeatedly shown that very few active fund managers consistently out-perform the markets. With an index fund, you are likely to do better than the average fund manager – and at lower cost. Index investments come in many different forms, from unit trusts to exchange-traded funds, which are listed on stock exchanges. You need to understand them before you invest.


32. As a general rule, only invest when you have no debt. The tax-free return you receive from paying off debt is likely to be greater than any returns (which are likely to be taxed) you receive from an investment. There are exceptions, such as paying into a retirement fund while you have a home loan.


33. Be prepared to pay for good advice, as you would for any expertise. But make sure you deal with an adequately qualified adviser – preferably one who is a Certified Financial Planner accredited by the Financial Planning Institute. Good advice is worth its weight in gold. You would not go to a barber to have your teeth checked, so why go to someone for financial advice if that person is not properly qualified?


34. Always have an emergency cash fund. Ideally, the fund should be equal to three months’ income. This way you will not have to cash in investments at an inopportune time or take out a high-interest loan if you are suddenly landed with a major expense.


35. An investment in a unit trust fund that is always in the top 25 percent of performers, even if it has never come first, is preferable to one that has been ranked first once and languishes in the lower realms of the tables for the rest of the time. Check the consistency of performance tables published every three months in Personal Finance to help you find funds that perform well consistently.


36. If you are a member of a defined benefit or defined contribution retirement fund, or you contribute to a retirement annuity, you can deduct your contributions (limited to pre-determined levels) from your taxable income and defer tax until your retirement years. This way you get to earn investment returns on money that would otherwise have gone to the Receiver of Revenue.


37. Money paid into a retirement fund or retirement annuity is not counted as being part of your estate, so your creditors cannot claim this money if you go bankrupt. This is very useful if you are involved in a small business or you have provided personal security for a loan to a business.


38. At retirement you should consider exercising your option to take as cash up to one-third of your retirement savings from a defined benefit or defined contribution retirement fund or a retirement annuity. There are two reasons for doing this:


• In the case of retirement funds, you are entitled to either R120 000 or R4 500 a year multiplied by the number of years you belonged to the fund (whichever is the greater) as a tax-free amount. With retirement annuities, you are entitled to R4 500 multiplied by the number of years of membership, tax-free.


• The remaining amount will be taxed at your average rate of tax for the year of your retirement and the previous year, instead of at your higher marginal rate of taxation. Invest the tax-free amount where it will attract the lowest rate of tax and earn the best risk-adjusted returns.


39. The earlier you start a retirement annuity, the greater your tax-free benefit at retirement. This is because the tax-free portion is R4 500 multiplied by the number of years of membership of the fund. You should avoid having too many retirement annuity plans as you could undermine your ability to get the maximum tax-free allowance at retirement.


40. Mind the gap. Very few retirement funds provide enough money to ensure a financially secure retirement, particularly now that most companies are reducing or discontinuing medical scheme subsidies to retirees. This means you need to have other investments to top up your retirement fund savings. Make sure you check up on how you are managing to fill “the gap” by regularly having a financial needs analysis with a properly qualified financial adviser.


41. Start planning your retirement at least three to five years before the date on which you are due to retire, so that you understand all your options and are not rushed into any last-minute decisions.


42. Be careful when buying an annuity (pension) with (at least) two-thirds of your retirement fund savings, as you are required to do by law. Living annuities have been widely miss-sold because of their potential to earn higher profits for the companies selling them and higher commissions for advisers. With a living annuity, you take the investment risks; with a traditional guaranteed annuity, you don’t, the life assuror does.


43. If you are investing in a living annuity to buy a pension and you need to draw more than the minimum five percent of the annual value, you could be exposing yourself to the risk of not having sufficient money to provide you with a financially secure income until you die.


44. Most living annuity providers allow you to draw your pension from different parts of the underlying investments. This enables you to structure the annuity so you have an income-generating portion and a capital growth portion. You should use this facility to invest mainly in interest-generating investments for the income portion. This will significantly reduce the risk of undermining your capital.


45. If you use a living annuity to buy a pension, do not invest all the money in equities or equity unit trusts. At the absolute maximum, you should have no more than 75 percent invested in equities. The balance should be in more stable interest-earning investments.


46. Always pay the full amount owing on your credit card. If you do not, you will be charged a punishing rate of interest from the date of purchase. The so-called budget account on your credit card is a misnomer, as you pay a high rate of interest.


47. Use a credit card to get 55 days’ interest-free credit by buying at the start of the buy-and-pay cycle and repaying the debt in full by the due date. This option does not apply to cash withdrawals and petrol purchases, on which you pay punitive interest rates from the date of the transaction.


48. Don’t leave large amounts of money sitting in a low-interest bank savings or current account. Rather put the money into a money market account or into your mortgage bond.


49. Pay yourself first. Set up debit orders that channel money into investments as soon after pay day as possible so that you will not “miss” the money.


50. Never use debt on which you have to pay interest to buy products you consume. You are in effect making the items far more expensive, and will be able to save less and buy less in the long term.


51. Borrowing to buy reasonably priced property is a good thing because you can expect the property to improve in value.


52. You should not, as a rule, borrow to invest, particularly not in volatile markets, such as share markets. The exception is property that you intend to hold for at least five years and in which you live.


53. Keep a good credit record. It could save you thousands of rands, particularly when you want to borrow money for big-ticket items such as a home or a vehicle, because the better your credit record, the lower the interest rate you can expect to pay.


54. The best investment you can make is to repay debt. Interest rates in South Africa are high. By paying off debt, you get one of the best returns available, tax-free.


55. Borrow wisely. Expensive debt is a quick way to lose money. For example, borrowing against a credit card is far more expensive than borrowing against a home loan. The difference can be more than 10 percentage points.


56. If you have a problem meeting your debts, don’t try to hide away. Go and speak to your creditors, particularly your bank, to find a way out of your problem. Don’t use debt consolidators/administrators. They will charge you far more interest and make your problem worse.


57. Beware of plastic. Store cards and credit cards may be convenient, but they are also an easy way of running up debt.


58. Don’t fly now, pay later. It is very depressing to be still paying for a holiday (or any other luxury) five years later, when you want another.


59. If you take out life assurance or short-term insurance to cover debt or an asset financed with debt, always pay the premiums as they become due to avoid paying interest on the premiums as well.


60. Try to repay more on your home loan than the minimum. For example, on a home loan of R100 000 at a mortgage bond rate of 15 percent over 20 years, your normal repayments will be R1 316.79. Increase the repayments by R100 and you will reduce your repayment period to 14 years and five months, and you will save R88 224.93 in interest repayments.


61. Always negotiate your interest rates. Shop around. A one-percent difference can have a significant effect. On a R100 000 mortgage bond over 20 years at 15 percent, you will repay R316 029 in total. At 14 percent, you will repay R298 444 – a saving of R17 584.


62. When mortgage bond interest rates come down, keep your repayments at the same level. You will pay off your bond quicker and save yourself a whack in interest repayments. Repayments will also not be so difficult to contend with if interest rates rise again.


63. If you take out a home loan when interest rates are low, always ask yourself whether you will be able to afford the repayments if interest rates go up. If you are in doubt, take out a smaller loan.


64. Most mortgage bonds enable you to repay more than your set repayments and to borrow against what you have paid. This is useful not only to borrow money for other things at short notice, but also to use as a savings account. The effective interest you receive is much greater and there are no additional costs. Say, for instance, you need to put away money to pay school fees or provisional tax. “Save” the money in your mortgage bond until you need it, rather than in a low-interest bank savings account.


65. Get a pre-approval agreement on a mortgage bond before you start looking for a home. This will give you the advantage of being able to shop around for the best rate while you’re not under pressure and the buyer will be more willing to sell to you knowing that the money is available.


66. Always have a lawyer check a property deed of sale before you sign up. Also make a deed of sale subject to conditions such as a proper inspection being done, if you suspect building faults, and to raising a mortgage bond, if you need one.


67. A bank valuation of a property is not a guarantee that the building is structurally sound. If you suspect a problem, get a full structural survey before you enter any contractual agreement.


68. Don’t fall prey to what is called a mortgage bond-linked endowment. With these products, you are encouraged to take out a home loan, repay only the interest, and invest the amount that would have repaid the capital. The theory is that, at the end of the period, the investment should be worth more than the capital. With high interest rates and poor investment returns, these are high-risk products.


69. If you take out life assurance, always declare any health problem or habit or hobby that might affect your insurability. You may have to pay more in premiums, but at least your dependants will receive the money if and when a claim is made. If you lie, either by omission or commission, your dependants may be left with nothing. The life assurance company is legally entitled to repudiate any claim when incorrect information is provided, even if it is not associated with the cause of death or disability.


70. Never buy too much life assurance against death or disability. The purpose of life assurance is to ensure you and your dependants maintain a standard of living, not to enrich dependants in the future. Too much life assurance merely means you are paying out more in premiums and costs, and you have to accept a lower standard of living now.


71. Always avoid cashing in an investment (endowment/universal) policy before its maturity date. Cashing in is costly. Not only could you receive less money than you have paid into the investment, but if there is life assurance cover attached to the policy, you may not be able to replace the cover in the future, particularly if you are less healthy.


72. When taking out life assurance cover against dying or being disabled, always establish whether the premiums are guaranteed – and for how long. It is preferable to get a longer term guarantee on your premiums.


73. If you have no option but to surrender a life assurance investment policy, always see if you cannot get more than the surrender value offered by the life assurance company by trading the policy on the secondhand market.


74. Rather than surrendering a policy, consider other options, such as making it paid-up so you can stop paying premiums. You may also be able to take a loan against the policy, but check the interest rate; sometimes it is higher than it would be if you used the policy as security to get a bank loan.


75. If you are concerned about volatile markets, one of the best investment products you can get is a life assurance smoothed bonus policy that guarantees your capital and smoothes out the market returns.


76. If you intend the benefits of a life assurance policy to go to someone in particular, have this on record with the life company by naming the person as the beneficiary of the policy. This has two advantages: You do not pay executor’s fees of up to 3.75 percent with VAT on the amount; and the beneficiary receives the money almost immediately, without it being tied up for months or even years while your estate is finalized. More often than not, your dependants will need the money immediately after your death.


77. If you can afford a hamburger and Coke every day, you can afford life assurance. Life assurance is essential for anyone who has dependants.


78. If you plan to stay single with no dependants, you do not need life assurance against dying, but you do need disability assurance in case you become ill or are injured in an accident.


79. It is not saving if you put money away at the start of the month but withdraw it before the end of the month. Life assurance investments are useful for people who find it difficult to save, because they commit you to a contract for at least five years and cost you dearly if you break the contract.


80. Do not take out a life assurance investment contract for more than 10 years. You don’t know how your financial position could change. At the end of the period you can always extend the contract, but if you have to cut it short, there are penalties involved that could see you getting back less money than you paid in. The main reason life assurance sales people attempt to get you to take out longer-term policies is because they receive more commission.


81. If you have dependants, life assurance is more important than investments. Investments take longer to accumulate to the level that may be required by your dependants, whereas life assurance benefits can immediately meet those needs if required.


82. As a general rule, you should keep your risk life assurance against death and disability separate from your investments, particularly if the risk assurance is for a long period. The main reason for this is that, if you land up in financial difficulties, you do not want to lose the risk cover because you have had to stop paying the investment portion. This strategy also gives you more flexibility with your investments.


83. Life assurance against dying or being disabled may only be required for short periods. For example, you may need cover to provide for the education of children for 10 years or until you have built up sufficient savings. You do not need a 20-year contract.


84. Consider joint life assurance if you have a partner. It is often cheaper. It comes with the options of paying when the first of the two dies, or when the last partner dies, or fully on the death of each partner. Obviously, the premium will be determined by the option you choose.


85. Be very wary of credit life assurance. Although it can be essential to ensure debts are paid when you die, it is also open to abuse. Often, when you finance, for example, a motor vehicle, you will be sold life assurance to cover the debt. But many sales people sell you assurance that runs for a longer term than the debt and credit life assurance has an investment element included. Commission, not your financial well-being, motivates sales people.


86. You need to do some estate planning, particularly if you are wealthy. Any amount above R1.5 million that is not left to your spouse is subject to estate duty at a rate of 20 percent, and any capital gain that is not exempt is subject to capital gains tax, as death is considered a capital gains event. (The first R50 000 is exempt when you die.) If you do not have readily available cash to cover these taxes, you need life assurance to ensure there will be no need for a fire sale of other assets.


87. Apart from when you have a home loan, you cannot be forced to take out short-term insurance with any particular company when you receive a loan on a fixed or moveable asset. You can be forced to take out insurance, but you can and should shop around for the cheapest premium.


88. You can reduce the amount you pay in short-term insurance by increasing the excess (the first portion of any claim, which you pay). A higher excess will mean lower premiums. However, you should keep the excess within affordable limits. Better still, build up savings equivalent to any excess you may be required to pay and earn interest on them.


89. When you change address, check whether your short-term insurance premiums could be reduced. Where you live can effect the level of your short-term insurance premiums.


90. Most short-term insurance policies have a number of exclusions. For example, on motor vehicle insurance, you are required to maintain the vehicle properly. For example, if your tires are smooth, your claim will be rejected no matter what the cause of the accident. Be aware of the exclusions, so that you don’t have a claim refused unexpectedly.


91. Check the value of your motor vehicle. One racket perpetrated by insurance companies is to increase premiums annually, when they should be decreased to take account of the declining value of your vehicle. When you claim, you will only be paid the actual value, not the insured value.


92. When making a short-term insurance claim, first find out what effect the claim will have on your no - claim bonus. If the claim (after payment of the excess) is relatively small, it may be better not to claim and keep your no-claim bonus intact. A no-claim bonus can equal as much as a 60 percent reduction on premiums after five years.


93. Use the R10 000 exemption from capital gains tax. Every year you are entitled to claim an exemption of R10 000 against any capital gain. Say, for example, you want to cash in an investment with a capital gain of R20 000 in November. Instead, cash in half in November and half after March 1, the start of the new tax year.


94. Interest-bearing investments become far more attractive when you don’t have to pay tax. For the current tax year, the first R10 000 in interest income is tax exempt if you are under the age of 65, and R15 000 if you are over the age of 65.


95. If you are investing for an income and have exceeded your tax-free interest exemption, consider cashing in investment capital that you can offset against your R10 000 capital gains tax exemption.


96. Never make a tax decision first when investing. Consider the tax implication last. Many people make the tax decision first and reject what could have been a good investment.


97. If your spouse is on a lower marginal income tax rate than you, it is best to transfer interest-earning assets to him/her. Also, remember that each spouse is entitled to the tax-free amount of R10 000 under the age of 65 and R15 000 over the age of 65.


98. To qualify for the R1 million capital gains tax exemption on your primary residence, you actually have to live in that property. If you rent out the property for even part of the time, you will have to deduct the period proportionally from the exemption.


99. The benefits of a life assurance policy are not subject to income tax or capital gains tax in your hands. Tax is paid on your behalf by the life assurance company at rates of 30 percent on interest, net rental and foreign dividends, and an effective 7.5 percent on capital gains. So, if your marginal tax rate is greater than 30 percent, you are receiving a tax advantage by investing in a life assurance policy as opposed to a unit trust investment with similar underlying investments.


100. Assets can be transferred between spouses without attracting donations tax. So it can pay to transfer assets on which capital gains tax may become due, to take advantage of lower marginal tax rates and the R10 000 exemption. Remember, 25 percent of a capital gain (which is not exempt) is included as income for tax purposes. So, the lower your marginal rate, the lower your capital gains tax will be.


Some sayings about money


"Money for me has only one sound: liberty." --Gabrielle Chanel


"Lack of money is the root of all evil." --George Bernard Shaw


"A little, justly gained, is better than thousands secured by stealth, or at the expense of another's rights and interests." --from Money for the Millions


"It is an elementary and vital courtesy when you are using people's own money against them that you do it with some grace." --Richard Neely WV Supreme Court


"More people are bribed by their own money than anybody else's." --Jonathan Daniels


"Experience, however, shows that neither a state nor a bank ever have [sic] had the unrestricted power of issuing paper money without abusing that power; in all states, therefore, the issue of paper money ought to be under some check and control; and none seems so proper for that purpose as that of subjecting the issuers of paper money to the obligation of paying their notes either in gold coin or bullion." --David Ricardo


"We have rights, as individuals, to give as much of our own money as we please to charity; but as members of Congress we have no right so to appropriate a dollar of public money." --David Crockett, Member of Congress, 1827-31, 1832-35


"The way to get things done is to stimulate competition. I do not mean in a sordid, money-getting way, but in the desire to excel." --Charles Schwab


"Money is power, & you ought to be reasonably ambitious to have it." --Russell H. Conwell, Temple Univ, 1877


"For the folk-community does not exist on the fictitious value of money but on the results of productive labour, which is what gives money its value." --Adolf Hitler to Reichstag, 30 Jan 1937, as translated by Norman H. Baynes


"God gave me my money. I believe the power to make money is a gift from God . . . to be developed & used to the best of our ability for the good of mankind. Having been endowed with the gift I possess, I believe it is my duty to make money & still more money & to use the money I make for the good of my fellow man according to the dictates of my conscience." --John D. Rockefeller, 1905


"He who tampers with the currency robs labor of its bread." --Daniel Webster, 15 Mar 1837


"At least 25% of the money Americans spend on health care is wasted." --Joseph A. Califano, "Billions Blown on Health", New York Times, 12 Apr 1989


"Money is like muck, not good except it be spread." --Francis Bacon, The Essays or Counsels


"All progress is based upon a universal innate desire on the part of every organism to live beyond its income." --Samuel Butler


"It has beeen said that the love of money is the root of all evil. The want of money is so quite as truly." --Samuel Butler


"I was part of that strange race of people aptly described as spending their lives doing things they detest to make money they don't want to buy things they don't need to impress people they dislike." --Emile Henry Gauvreay


"I believe that sex is one of the most beautiful, natural, wholesome things that money can buy." --Steve Martin


"Money can't buy friends. But you can afford a better class of enemy." --Lord Mancroft


"When a fellow says it ain't the money but the principle of the thing, it's the money." --Kin Hubbard


"All I ask is a chance to prove that money can't make me happy."


"While money can't buy happiness, it certainly lets you choose your own form of misery."


"While money doesn't buy love, it puts you in a great bargaining position."


"Money's only important when you don't have any." --Sting


"Money isn't everything. It's just most everything." --Nica Clark


"In societies of low civilization, there is no money." --Herbert Spencer


money can prolong one's life


It's the key to power


"Money is the sign of liberty. To curse money is to curse liberty--to curse life, which is nothing, if it be not free." --de Gourmont


Wealth may be an excellent thing, for it means power, and it means leisure, it means liberty.


If you would be wealthy, think of saving as well as getting.


The Truth…


When it’s time for you to go. Don’t leave your family with nothing but bills, and bad debts. Give them something to remember you by. Like an investment.


First you work hard for your money, and then you let your money work hard for you. Trust me it’s the key to financial freedom. Don’t be moneys slave for ever. Learn to spot opportunities, create your own solutions. Never say “I can’t afford it,” rather say “How can I afford it.


I would rather ask a million people for R1.00, than asking one person for R1 000 000.00.


Because


Everybody can afford R1.00, but not every body can afford


R1 000 000.00. Plant your money in good soil. And give it as much water as you can, by adding to your seed.


And your seed will grow and grow. And after some time, depending on how much water your gave your seed. It will multiply itself. Then you start enjoying the seeds of your work.


You can judge a tree by the fruits it bears, good soil is hard to find. Don’t let the Indi Trading Company slip you by.


The rich teaches their kids about money, the poor don’t.


Invest in yourself, invest in you children, invest in your happiness


and in financial freedom.


... to freedom


FOREX Daily Outlook by Easy-Forex. com


US Existing Home Sales fails to support New Home Sales figure. Japanese CPI give an early indication for inflationary pressures.


CURRENCY TRADING SUMMARY – 28 MAY 2007 (00:30GMT)


• U. S. Dollar Trading (USD) remained relatively unchanged against a basket of currencies despite Existing Home Sales disappointing on the back of positive New Home Sales seen the previous session. With markets expecting a figure of 6.14 mio for the month of April, the actual figure was released at 5.99 mio, yet its effect was limited due to an upward revision of the previous month to 6.15 mio. The USD initially lost ground against other majors before investors chose to square positions ahead of the long weekend. In US share markets the NASDAQ rebounded to gain by 19.27 points (+0.76%) whilst the Dow Jones also gained by 66.15 points (0.49%). Crude oil continued to rise over growing uncertainty in Nigeria and Iran. Oil rose by US$0.93 a barrel to US$65.11. Looking ahead, a slow beginning to the week is expected with U. S. markets closed for Memorial Day.


• The Euro (EUR) gained moderately on the back of a positive reading in Gfk consumer confidence. The figure for the month of June was expected to come in at 6 yet surprised many with a release of 7.3. Overall the EURUSD traded with a low of 1.3411 and a high of 1.3473 before closing the day at 1.3449 in the New York session. A slow start is also expected out of the EZ with many markets closed for trading.


• The Japanese Yen (JPY) was the biggest mover on Friday as CPI data matched expectations for the month of April, released at -0.1%. Up from the March’s decline of -0.3% giving indications that inflationary pressures are slowly returning. Although the USDJPY experienced early losses on the back of inflationary data, the pair moved higher to end the day. Overall, the USDJPY traded with a range of a low 120.85 and a high of 121.77 before closing near day highs at 121.72 in the New York session.


• The Sterling (GBP) was unchanged against the USD on Friday despite GDP data being released slightly higher than expectations. Although GDP (Q1) q/q came in on consensus at 0.7%, the y/y figure was up to 2.9% (Forecast: 2.8%). Overall the GBPUSD traded with a range of a low 1.9835 and a high of 1.9880 before closing 1.9846 in the New York session. Looking ahead UK will have a market holiday to begin the week on Monday


• The Australian Dollar (AUD) traded in a defined range once again on Friday, largely attributed to data absence. Overall the AUDUSD traded with a range of a low 0.8176 and a high of 0.8218 before closing the day at 0.8218 in the New York session.


• The Canadian Dollar (CAD) reached a fresh 29 Ѕ year high against the greenback due to higher oil prices and expectations for a hawkish statement from the Bank of Canada next week. Overall the USDCAD traded with a range of a low 1.0778 and a high of 1.0870 before closing the day at 1.0804 in the New York session.


• Gold (XAU) rebounded on Friday following the previous session’s sharp decline. Gold rose US$2.00 an ounce to US$655.30


TECHNICAL COMMENTARY


Currency Sup 2 Sup 1 Spot Res 1 Res 2


EUR/USD 1.3368 1.3371 1.3450 1.3545 1.3612


USD/JPY 120.15 120.64 121.75 122.20 122.38


GBP/USD 1.9659 1.9677 1.9840 1.9959 2.0000


AUD/USD 0.8150 0.8170 0.8185 0.8273 0.8354


XAU/USD 646.20 652.01 655.90 665.40 675.05


• Euro 1.3450


Initial support at 1.3371 (38.2% retracement of the 1.2865 to 1.3683 advance) followed by 1.3368 (Former resistance from Dec 4). Initial resistance is now located at 1.3545 (May 17 high) followed by 1.3612 (May 16 high)


• Yen 121.75


Initial support is located at 120.64 (May 16 low) followed by 120.15 (May 16 low). Initial resistance is now at 122.20 (Jan 29 reaction high) followed by 122.38 (61.8% ret 135.18 to 101.67)


• Pound – 1.9840


Initial support at 1.9677 (May 21 low) followed by 1.9659 ((50% retracement of the 1.9184 to 2.0134 advance)). Initial resistance is now at 1.9959 (61.8% retracement of the 2.0134 to 1.9677 decline) followed by 2.0000 (May 9 high)


• Australian Dollar – 0.8185


Initial support a 0.8170 (May 4 reaction low) followed by 0.8150 (Apr 9 low). Initial resistance is now at 0.8273 (May 17 high) followed by 0.8354 (May 14 high)


• Gold – 655.90


Initial support at 655.00 (May 17 low) followed by 652.01 (Mar 24 low). Initial resistance is now at 665.40 (May 22 high) followed by 675.05 (May 14 high)


Forex trading involves substantial risk of loss, and may not be suitable for everyone._


Our Newsletter


Dear Investor 5 March2007


FIXED - INTEREST ACCOUNTS


Our main activity continues to be All Share Index Futures trading which has yielded the following nett returns for investors over the past 12 months


Dow Average is at last showing signs of weakness, following a frustrating multi-month up-trend.


HIGH RISK - HIGH RETURN NO. 2 ACCOUNTS


We believe the international gold price passed an important peak of $725 (based on London PM Fixes) on 12 May 2006, and is now on its way down. We have been waiting many months for this new development, so we feel much more confident now about our investment performance for the period ahead. Our investments supporting interest payments on these accounts are linked to both gold price trading and movements in the Dow Jones Industrial Average.


Mar 2006


3%


May 2006


7%


June 2006


4%


July 2006


Nil


Aug 2006


6%


After a five month "down" period from 19 November 2004 to 12 April 2005, a fresh "up" period is in full swing. At this stage, we expect it to continue indefinitely. We encourage you, the investor, to spread your money equally between the so-called High Risk - High Return No.2 Accounts and Fixed Interest No. 1 Accounts, for optimum performance.


Yours sincerely,


The INDI Trading Company Limited


Our products


• NO RISK – GOOD RETURN 1 (ONE) WEEK’S NOTICE TO WITHDRAW


o 1.5 % interest compounded monthly(provided the interest stays in the account) You can also withdraw all or part of your interest each month if you want to. The minimum amount for this account is


R 1 000.00 CAPITAL AND INTEREST FULLY GUARANTEED


• NO RISK – GOOD RETURN 3 (THREE) WEEK’S NOTICE TO WITHDRAW


o 2 % interest compounded monthly(provided the interest stays in the account) You can also withdraw all or part of your interest each month if you want to. The minimum amount for this account is


R 1 000.00CAPITAL AND INTEREST FULLY GUARANTEED


• NO RISK – GOOD RETURN 6 (SIX) MONTHS NOTICE TO WITHDRAW


o 2.5 % interest compounded monthly(provided the interest stays in the account) You can also withdraw all or part of your interest each month if you want to. The minimum amount for this account is R 1 000.00 CAPITAL AND INTEREST FULLY GUARANTEED *( I RECOMMEND THIS ACCOUNT)


• NO RISK – GOOD RETURN 6 (SIX) MONTHS NOTICE TO WITHDRAW


o ± 5 % interest compounded monthly(provided the interest stays in the account) You can also withdraw all or part of your interest each month if you want to. The minimum amount for this account is R 5 000 .00 MOST OF CAPITAL AT RISK


This account does not have a specific interest rate, the interest can be nothing for one month but 3 or 5 or more the next. In other words it fluctuates


• NO RISK – GOOD RETURN 9 (NINE) WEEK’S NOTICE TO WITHDRAW


o 2.75 % interest compounded monthly(provided the interest stays in the account) You can also withdraw all or part of your interest each month if you want to. The minimum amount for this account is


R 500 000 CAPITAL AND INTEREST FULLY GUARANTEED


• NO RISK – GOOD RETURN 12 (TWELVE) MONTHS NOTICE TO WITHDRAW


o 3 % interest compounded monthly(provided the interest stays in the account) You can also withdraw all or part of your interest each month if you want to. The minimum amount for this account is R800 000 CAPITAL AND INTEREST FULLY GUARANTEED


There are no maximum amount for these accounts.


Free Promotional Investment


From the four products we have available the capital and growth arrangements are only valid for the investments indicated as no risk. The high risk investment does not carry those guarantees.


We hereby guarantee that the investment capital amount will under all circumstances remain at an equal to or above the amount as indicated on the client’s statement at the end of each month.


If you are still uncertain about an investment let us help you by opening a free promotional account for you. We’ll sponsor you R20.00 to open an account. And you can watch how your money grows, you can withdraw your money at anytime or invest any amount whenever you like. When you do decide to withdraw there is a six months notice period. You’ll receive 2.5 % compounded interest every month guaranteed. To open your free promotional account click the block in the middle of the page and fill out form and one account will be opened for you automatically once you have submitted it.


HOW DO I OPEN AN ACCOUNT?


Step 1:


Go to our website indiplan. com


Step 2:


Choose one or more INVESTMENT PRODUCTS which will suit your needs


Step 3 :


Click on the "APPLY NOW" button at the bottom of the product


Step 4:


Complete the APPLICATION FORM. Once you have done this, click on the “Submit” button.


Step 5:


Download the relevant form, fill in your details and fax it to : +2711 955-6648


Step 6:


Please contact us for our banking details. Do the financial transfer into our bank account with reference: Monument and your chosen account name.


Step 7:


Fax the deposit slip or proof of payment to : +2711 955-6648


Step 8:


Please inform us if you would like us to debit your bank account on a monthly basis to add to your initial investment. This is an optional benefit. DOWNLOAD THE DEBIT ORDER FORM, fill in your details, and fax to : +2711 955-6648


Step 9:


On receipt of your transfer, we shall sign the form mentioned in step 4, and fax it back to you as confirmation that your account has been opened.


Please note that you will receive an INDI account number.


Please indicate if you would like to receive your statement via ordinary mail or whether internet access alone is sufficient.


Agents


“The company” pays a standard commission fee to clients based on the following notice periods and Interest rates.


1 (One) month notice to withdraw, pays 1.5% compounded interest monthly, commission at 2% for all new investments and money.


3 (Three) month notice to withdraw, pays 2.0% compounded interest monthly, commission at 2% for all new investments and money.


6 (Six) month notice to withdraw, pays 2.5% compounded interest monthly, commission at 2% for all new investments and money .


2 (Two) weeks notice period High Risk (no guarantee) 5% p/m possible return. Commission at 2% for all new investments and money


• Group schemes also available.


• Debit Order facilities


• Direct accesses to network database


• Your own website


• Global investments in our international currencies


• Global marketing solutions


To become an agent you will need to invest a minimum of R20 000 in a 2.5% Account or in foreign currencies equivalent to US$5000.


The agent will then be able to negotiate the commission witch will be paid to the affiliates out of the commission paid to the agent by The Indi Trading Company Limited on a monthly basis.


Commission will be paid to the agent based on all new investments and not on replaced funds witch has been withdrawn and redeposited again.


For example:


The agent generates an investment of an R1000.00; the agent will be paid R 25.00 commission. Should the investor withdraw R300.00, and do a deposit of R300.00, no commission will be paid to the agent. But if the investor deposits R600.00 into the investment, commission on R300.00 will be paid to the agent. This means that commission will only be paid on new funds or money invested.


Commission will be paid on the 20th of every month for the previous month.


Reports need to be forwarded at the end of each month to anton@indiplan. com


No other commission or fees except for those specified above will be paid


Capital Growth Guarantees


1. The capital and growth guarantees are only valid for the investments indicated as no-risk.


2. The high risk investment does not carry any guarantee for capital growth.


3. The INDI Trading Company Limited hereby guarantees that the investment capital amount will under all circumstances remain at a level equal to or above the amount as indicated on the client’s statement at the end of each month.


4. The INDI Trading Company Limited hereby guarantees that the investment specific growth will under all circumstances be paid to the client or compounded monthly.


5. In the event that the growth amount is chosen to be compounded, the growth amount will be added to the capital amount at the end of each month. The new capital amount will then be guaranteed as in point #3 above.


6. Guarantees are made on the strength of the balance sheet of The INDI Trading Company Limited.


7. The INDI Trading Company Limited depends on profits in the market sectors in which it invests. In the event that sufficient profits are not achieved in any particular month or series of months, The INDI Trading Company Limited will pay the growth amount specific to each investment out of its own resources.


(OUR INVESTORS SMILE ALL THE WAY TO THE BANK - First u work hard for money, then its up to u to let your money work for YOU !!!!!!!)


For more information please contact


Anton or Chantal via e-mail or by telephone on +27 11 955 6651. E-mail anton@indiplan. com or chantal@indiplan. com.


Your monthly statement serves as legal proof of funds due to you at any time.


Should you feel uncertain about the procedure to open an account, please communicate with Anton or Chantal before making an investment


All information on this article below was found on Wikipedia, the free encyclopedia


Investment or investing] is a term with several closely-related meanings in business management, finance and economics, related to saving or deferring consumption. An asset is usually purchased, or equivalently a deposit is made in a bank, in hopes of getting a future return or interest from it. Literally, the word means the "action of putting something in to somewhere else" (perhaps originally related to a person's garment or 'vestment').


The term "investment" is used differently in economics and in finance. Economists refer to a real investment (such as a machine or a house), while financial economists refer to a financial asset, such as money that is put into a bank or the market, which may then be used to buy a real asset.


In finance, investment is buying securities or other monetary or paper (financial) assets in the money markets or capital markets, or in fairly liquid real assets, such as gold, real estate, or collectibles. Valuation is the method for assessing whether a potential investment is worth its price.


Types of financial investments include shares, other equity investment, and bonds (including bonds denominated in foreign currencies). These financial assets are then expected to provide income or positive future cash flows, and may increase or decrease in value giving the investor capital gains or losses.


Trades in contingent claims or derivative securities do not necessarily have future positive expected cash flows, and so are not considered assets, or strictly speaking, securities or investments. Nevertheless, since their cash flows are closely related to (or derived from) those of specific securities, they are often studied as or treated as investments.


Investments are often made indirectly through intermediaries, such as banks, mutual funds, pension funds, insurance companies, collective investment schemes, and investment clubs. Though their legal and procedural details differ, an intermediary generally makes an investment using money from many individuals, each of whom receives a claim on the intermediary.


In finance, investment is buying securities or other monetary or paper (financial) assets in the money markets or capital markets, or in fairly liquid real assets, such as gold, real estate, or collectibles. Valuation is the method for assessing whether a potential investment is worth its price.


Types of financial investments include shares, other equity investment, and bonds (including bonds denominated in foreign currencies). These financial assets are then expected to provide income or positive future cash flows, and may increase or decrease in value giving the investor capital gains or losses.


Trades in contingent claims or derivative securities do not necessarily have future positive expected cash flows, and so are not considered assets, or strictly speaking, securities or investments. Nevertheless, since their cash flows are closely related to (or derived from) those of specific securities, they are often studied as or treated as investments.


Investments are often made indirectly through intermediaries, such as banks, mutual funds, pension funds, insurance companies, collective investment schemes, and investment clubs. Though their legal and procedural details differ, an intermediary generally makes an investment using money from many individuals, each of whom receives a claim on the intermediary.


Money is any good or tokens that functions as a medium of exchange that is socially and legally accepted in payment for goods and services and in settlement of debts. Money also serves as a standard of value for measuring the relative worth of different goods and services and as a store of value. Some authors explicitly require money to be a standard of deferred payment. Money is central to the study of economics and forms its most cogent link to finance. Money is not the same as real value; the latter being the basic element in economics and not money.


In common usage, money refers more specifically to currency, particularly the many circulating currencies with legal tender status. The absence of money causes an economy to be inefficient because it requires a coincidence of wants between traders, and an agreement that these needs are of equal value, before a transaction can occur. The efficiency gains through the use of money are thought to encourage trade and the division of labour, in turn increasing productivity and wealth.


Interest


Interest is a fee paid on borrowed money. The fee is a compensation to the lender for foregoing other useful investments that could have been made with the loaned money. The amount lent is called the principal. The percentage of the principal which is paid as fee (the interest), over a certain period of time, is called the interest rate.


Compound interest: Compound Interest is very similar to Simple Interest. The difference is that the principal changes with every time period, unlike simple interest, where the principal remains the same. The new principal at the end of every time period is essentially the simple interest on the principal at the beginning of the time period, added to the principal.


For example, suppose p is the principal, and r and t have the same meanings as above. The principal at the end of the first period will be p*r (for t=1 period). Similarly, the principal at the end of the second period will be (r*r)*r. Thus we can land upon a general formula:


CI = p * (r)t


CA = r * ( 1 + r )t


Where compound interest (CI) is the product of the principal (p), and the rate (r) in decimal form raised to the power of the number of terms (t); and the compound amount (CA) is the product of rate (r) and the quantity of the rate (r) plus one, raised to the power of the number of terms (t).


A problem with compound interest is that the resulting obligation can be difficult to interpret. To simplify this problem, a common economics convention is to disclose the interest rate as though the term were one year, with annual compounding, yielding the effective interest rate. However, interest rates in lending are often quoted as nominal interest rates, i. e., compounding interest uncorrected for the frequency of compounding. The discussion at compound interest shows how to convert to and from the different measures of interest.


Loans often include various non-interest charges and fees. One example are points on a mortgage loan in the United States. When such fees are present, lenders are regularly required to provide information on the 'true' cost of finance, often expressed as an annual percentage rate (APR). The APR attempts to expresses the total cost of a loan as an interest rate after including the additional fees and expenses, although details may vary by jurisdiction.


Economic Characteristics


Money is not generally considered to have the following characteristics, which are summed up in a rhyme found in older economics textbooks and a primer: "Money is a matter of functions four, a medium, a measure, a standard, a store."


There have been many historical arguments regarding the combination of money's functions, some arguing that they need more separation and that a single unit is insufficient to deal with them all. 'Financial capital' is a more general and inclusive term for all liquid instruments, whether or not they are a uniformly recognized tender.


Medium Of Exchange


A medium of exchange is an intermediary used in trade. An effective medium of exchange should have the following characteristics:


• It should also be recognizable as something of value. Person A should recognize the value of the item so that Person B can give it to A in exchange for goods or services.


• It should be easily transportable; precious metals have a high value to weight ratio. This is why oil, coal, vermiculite, or water are not convenient in this regard.


• It should be durable. Money is often left in pockets through the wash. Some countries (such as Australia, New Zealand, Mexico and Singapore) are making their bank notes out of plastic for increased durability. Gold coins are often mixed with copper to improve durability.


Unit Of Account


A unit of account is a standard numerical unit of measurement of the market value of goods, services, and other transactions. Also known as a "measure" or "standard" of relative worth and deferred payment, a unit of account is a necessary pre-requisite for the formulation of commercial agreements that involve debt.


An effective unit of account should be:


• Divisible into small units without destroying its value; precious metals can be coined from bars, or melted down into bars again.


• Fungible: that is, one unit or piece must be exactly equivalent to another, which is why diamonds, works of art or real estate are not suitable as money.


• A specific weight, or measure, or size to be verifiably countable. For instance, coins are often made with ridges around the edges, so that any removal of material from the coin (lowering its commodity value) will be easy to detect.


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Store Of Value


To act as a store of value, a commodity, a form of money, or financial capital must be able to be reliably saved, stored, and retrieved - and be predictably useful when it is so retrieved. Fiat currency like paper or electronic currency no longer backed by gold in most countries is not considered by some economists to be a storage of v


How to make adwords work for you

Google AdWords is the sole provider of pay-per-click advertising for web publishers to promote their website and goods. Affiliate marketers also use this handy tool to promote their wares. There are quite a few falsehoods regarding Adwords and their ability to drive traffic. The following are 5 pointers to help clear the confusion and give you a sense of where you need to be steering your wagon behind this whole “adword” thing.


Tip #1: Keywords and AdGroups


Since Adwords gauges the effectiveness of the ads and places them accordingly they use a technique involving the quality score and CTR. This technique is used to make an adgroup. This is helpful to ensure that low performing ads don’t bring down the adgroups that are performing well. This lets your top keywords perform at full throttle.


Tip #2: CAPS


Google doesn’t allow advertisers to place their ads in all (CAPSboy are we grateful for this) but there are many other ways to stand out. One way is capitalize the first letter of every word in your ad. Your English teacher may take you out back, but it does stand out from the pack increasing your likelihood of getting noticed.


Tip#3: The Free Keyword


Always include the words – freebies, free, freebie in your ad campaign so surfers searching for free goods do not wander to your site haphazardly. The benefits of doing this can be tremendous. This will save you and your visitors a lot of time and more importantly a lot of money.


Tip #4: Mix It Up-The 3 Keyword Entry


To ensure the best results from your keywords, use quotes and brackets. One keyword entered should have three entries. For example: name, [name] and “name”. Adwords has a special built-in syntax, so utilizing this method will not only increase efficiency but will broaden your match rate.


Tip #5: Eyeing The Competition


Always check out the competitor and what keywords they are using in their ads. If they are spending crazy amounts of money on a particular keyword, maybe you should stay away from that keyword. Always stick to your budget. If there is just too much competition, maybe you need to rethink your niche and go to another product or market. Study the other guy and see how he sets up his ads. Find a pattern and exploit it. Go for the road less traveled. With a little hard-work and discipline, you can be a stand-out in the Adword world.


Friday, 27 May 2016

Daimlerchrysler merger or acquisition

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In 1998 Daimler-Benz and the Chrysler Corporation tied the knot. The newly created DaimlerChrysler [DCX] conglomerate was touted in the business world as a merger of equals with both companies retaining their unique and distinct identities. Soon after the merger the honeymoon period abruptly ended and the rancor began. Diametrically opposite management and cultural differences contributed to deep divisions which nearly scuttled the new relationship. Today, things are much different than they were in 1998; however it remains to be seen whether the long term partnership between the German and American automakers will outlast the deep, mutual distrust that prevailed for so many years.

A changing global automobile market during the final decade of the 20th century signaled the end of small, independent automakers. Although fairly large in size, the Chrysler Corporation, which nearly vanished in the early 1980s, was once again nearing a crisis point: a rapidly changing market meant that large amounts of cash would be needed to keep their product line up to date as well as to take their product to emerging and lucrative new markets. Unlike in the early 1980s when the US federal government stepped in with much needed cash, no government suitor was expected this time around. For Chrysler, the long term strategy strongly suggested that the automaker would have to be acquired in order to survive. In stepped Daimler-Benz.

At first, the merger was hailed as the deal of the century. The combined automakers, roughly the same size, quickly became the fifth largest automaker in the world. Combining German engineering – Mercedes being the principle business – and North American marketing – the Jeep line and the Chrysler minivans being the biggest draw – many envisioned that the new company would quickly capture a bigger slice of the global market. Unfortunately, the dream was nearly scuttled and for the following reasons:

An American president of the Chrysler Group, Jim Holden, was replaced by a German appointee, Dieter Zetsche. This change occurred as Chrysler was experiencing difficulty in the marketplace; additional senior American personnel had also left and were replaced by German executives too. Some felt that the Germans were imposing their will on the Americans.

Billionaire shareholder Kirk Kerkorian who owned 36 million shares of Chrysler before the merger and now held significant number of shares of DCX stock, filed suit in 2000 alleging that certain Daimler-Benz officials has committed “fraud and deceit” in orchestrating the merger.

Adding fuel to the fire was the closing out of the Plymouth brand. Already suspicious of German intentions and knowing full well that the “merger of equals” was, in fact, an acquisition of Chrysler by Daimler-Benz, the ending of the Plymouth brand escalated fears that the Chrysler Group would fade into the background.

Fortunately, time has eased some of the friction and the Chrysler Group [defined as the part of DaimlerChrysler that was at one time the Chrysler Corporation] has benefited from the merger in several ways, including:

New Mercedes inspired products. The Chrysler Crossfire was the first of several new Mercedes inspired products to find their way into the Chrysler Group. Made in Germany, the Crossfire is essentially a rebadged Mercedes roadster, a model that the top of the line Chrysler division never had.

Strengthening of the Dodge name. Already a decent performer, the Dodge division has received several Mercedes M class inspired models including the Magnum and the Charger. The Viper has been redone, the Ram trucks updated, and the Neon is in the process of being replaced. Dodge market share is increasing even in the face of strong foreign competition.

Fresh blood for Jeep. An all new 7 passenger Commander has hit the streets and additional products are being planned.

Likely, Mercedes would have survived without a merger, while Chrysler would not have. Overcoming strong cultural differences – German authoritarian vs. American creativity – has kept the company afloat. Some are crediting Zetsche’s understanding of the American company and culture with easing tensions, thus allowing the companies to benefit from what they have in common versus their differences.

Certainly, the rancor that existed just a few years ago seems to have eased. For DCX to survive and grow a mutual trust and respect of German and American cultural differences and business practices is necessary. Without both, renewed hostilities will surface and potentially scuttle what is still perceived by many as to be a fragile business relationship.

Thursday, 26 May 2016

Chess over the years

Over the years, chess spread throughout the world and enjoyed massive waves of popularity. Undoubtedly, reality is reflected in the idea that chess originated either as an aid or substitute for warfare. This stemmed from the notion that chess was invented as a war game and so, that is the manner in which it should executed. In fact in order to be knighted, it helped if you played a good game of chess.


And finally, a mention should be made of pawns; those so adequately named pieces which are even denied the status of chess 'men'. Pawns were sacrificial pieces.


While chess might have originated as a war game, it was seen as a game of nobility and education in Europe in the 1500s. It can be seen that from actions in Europe around the year 1500 that chess had become strongly ingrained in western society. Within European Aristocracy, the concept behind chess became a royal court rather than a battlefield. However, the game's popularity was helped by its social cache: a chess set was often associated with wealth, knowledge, and power. As a result it became fashionable for aristocrats to have live-in chess masters. In fact during difficult times in Protestant Europe there were massive attacks on "ungodly pursuits," but chess was often defended while other pastimes were denied.


As a result chess has long been considered the ultimate test of intellectual activity. Some feel that because of its difficulty and boorishness, chess diminished in its traditional appeal. However, most will agree that the chess community has traditionally been more enlightened than the larger society.


Mass production of chess sets helped introduce chess to the lower class. The low cost to produce the Staunton set allowed the masses to purchase sets and helped to again popularize the game of chess. But chess is more than just a game of skill. Chess stood a turn in education as teachers noted that students' behavior improved upon learning chess. How far beyond chess such aptitude can be expanded is the next big question.


One that is still argued today. Playing chess by computer began in the early 1950s, nearly as soon as computers became available. The rules of play early intrigued computer scientists-MIT wrote the first chess program in 1957. Some programmers believe that work on computer chess led to important software techniques still in use today. The worldwide fascination for chess has been astonishing. It has been said that there is more literature devoted to chess than for all other games combined. Today, chess is played world wide with international appeal.


The narcissist and his family

Question:


Is there a "typical" relationship between the narcissist and his family?


Answer:


We are all members of a few families in our lifetime: the one that we are born to and the one(s) that we create. We all transfer hurts, attitudes, fears, hopes and desires – a whole emotional baggage – from the former to the latter. The narcissist is no exception.


The narcissist has a dichotomous view of humanity: humans are either Sources of Narcissistic Supply (and, then, idealised and over-valued) or do not fulfil this function (and, therefore, are valueless, devalued). The narcissist gets all the love that he needs from himself. From the outside he needs approval, affirmation, admiration, adoration, attention – in other words, externalised Ego boundary functions.


He does not require – nor does he seek – his parents' or his siblings' love, or to be loved by his children. He casts them as the audience in the theatre of his inflated grandiosity. He wishes to impress them, shock them, threaten them, infuse them with awe, inspire them, attract their attention, subjugate them, or manipulate them.


He emulates and simulates an entire range of emotions and employs every means to achieve these effects. He lies (narcissists are pathological liars – their very self is a false one). He acts the pitiful, or, its opposite, the resilient and reliable. He stuns and shines with outstanding intellectual, or physical capacities and achievements, or behaviour patterns appreciated by the members of the family. When confronted with (younger) siblings or with his own children, the narcissist is likely to go through three phases:


At first, he perceives his offspring or siblings as a threat to his Narcissistic Supply, such as the attention of his spouse, or mother, as the case may be. They intrude on his turf and invade the Pathological Narcissistic Space. The narcissist does his best to belittle them, hurt (even physically) and humiliate them and then, when these reactions prove ineffective or counter productive, he retreats into an imaginary world of omnipotence. A period of emotional absence and detachment ensues.


His aggression having failed to elicit Narcissistic Supply, the narcissist proceeds to indulge himself in daydreaming, delusions of grandeur, planning of future coups, nostalgia and hurt (the Lost Paradise Syndrome). The narcissist reacts this way to the birth of his children or to the introduction of new foci of attention to the family cell (even to a new pet!).


Whoever the narcissist perceives to be in competition for scarce Narcissistic Supply is relegated to the role of the enemy. Where the uninhibited expression of the aggression and hostility aroused by this predicament is illegitimate or impossible – the narcissist prefers to stay away. Rather than attack his offspring or siblings, he sometimes immediately disconnects, detaches himself emotionally, becomes cold and uninterested, or directs transformed anger at his mate or at his parents (the more "legitimate" targets).


Other narcissists see the opportunity in the "mishap". They seek to manipulate their parents (or their mate) by "taking over" the newcomer. Such narcissists monopolise their siblings or their newborn children. This way, indirectly, they benefit from the attention directed at the infants. The sibling or offspring become vicarious sources of Narcissistic Supply and proxies for the narcissist.


An example: by being closely identified with his offspring, a narcissistic father secures the grateful admiration of the mother ("What an outstanding father/brother he is"). He also assumes part of or all the credit for baby's/sibling's achievements. This is a process of annexation and assimilation of the other, a strategy that the narcissist makes use of in most of his relationships.


As siblings or progeny grow older, the narcissist begins to see their potential to be edifying, reliable and satisfactory Sources of Narcissistic Supply. His attitude, then, is completely transformed. The former threats have now become promising potentials. He cultivates those whom he trusts to be the most rewarding. He encourages them to idolise him, to adore him, to be awed by him, to admire his deeds and capabilities, to learn to blindly trust and obey him, in short to surrender to his charisma and to become submerged in his follies-de-grandeur.


It is at this stage that the risk of child abuse - up to and including outright incest - is heightened. The narcissist is auto-erotic. He is the preferred object of his own sexual attraction. His siblings and his children share his genetic material. Molesting or having intercourse with them is as close as the narcissist gets to having sex with himself.


Moreover, the narcissist perceives sex in terms of annexation. The partner is "assimilated" and becomes an extension of the narcissist, a fully controlled and manipulated object. Sex, to the narcissist, is the ultimate act of depersonalization and objectification of the other. He actually masturbates with other people's bodies.


Minors pose little danger of criticizing the narcissist or confronting him. They are perfect, malleable and abundant sources of Narcissistic Supply. The narcissist derives gratification from having coital relations with adulating, physically and mentally inferior, inexperienced and dependent "bodies".


These roles – allocated to them explicitly and demandingly or implicitly and perniciously by the narcissist – are best fulfilled by ones whose mind is not yet fully formed and independent. The older the siblings or offspring, the more they become critical, even judgemental, of the narcissist. They are better able to put into context and perspective his actions, to question his motives, to anticipate his moves.


As they mature, they often refuse to continue to play the mindless pawns in his chess game. They hold grudges against him for what he has done to them in the past, when they were less capable of resistance. They can gauge his true stature, talents and achievements – which, usually, lag far behind the claims that he makes.


This brings the narcissist a full cycle back to the first phase. Again, he perceives his siblings or sons/daughters as threats. He quickly becomes disillusioned and devaluing. He loses all interest, becomes emotionally remote, absent and cold, rejects any effort to communicate with him, citing life pressures and the preciousness and scarceness of his time.


He feels burdened, cornered, besieged, suffocated, and claustrophobic. He wants to get away, to abandon his commitments to people who have become totally useless (or even damaging) to him. He does not understand why he has to support them, or to suffer their company and he believes himself to have been deliberately and ruthlessly trapped.


He rebels either passively-aggressively (by refusing to act or by intentionally sabotaging the relationships) or actively (by being overly critical, aggressive, unpleasant, verbally and psychologically abusive and so on). Slowly – to justify his acts to himself – he gets immersed in conspiracy theories with clear paranoid hues.


To his mind, the members of the family conspire against him, seek to belittle or humiliate or subordinate him, do not understand him, or stymie his growth. The narcissist usually finally gets what he wants and the family that he has created disintegrates to his great sorrow (due to the loss of the Narcissistic Space) – but also to his great relief and surprise (how could they have let go someone as unique as he?).


This is the cycle: the narcissist feels threatened by arrival of new family members – he tries to assimilate or annex of siblings or offspring – he obtains Narcissistic Supply from them – he overvalues and idealizes these newfound sources – as sources grow older and independent, they adopt anti narcissistic behaviours – the narcissist devalues them – the narcissist feels stifled and trapped – the narcissist becomes paranoid – the narcissist rebels and the family disintegrates.


This cycle characterises not only the family life of the narcissist. It is to be found in other realms of his life (his career, for instance). At work, the narcissist, initially, feels threatened (no one knows him, he is a nobody). Then, he develops a circle of admirers, cronies and friends which he "nurtures and cultivates" in order to obtain Narcissistic Supply from them. He overvalues them (to him, they are the brightest, the most loyal, with the biggest chances to climb the corporate ladder and other superlatives).


But following some anti-narcissistic behaviours on their part (a critical remark, a disagreement, a refusal, however polite) – the narcissist devalues all these previously idealized individuals. Now that they have dared oppose him - they are judged by him to be stupid, cowardly, lacking in ambition, skills and talents, common (the worst expletive in the narcissist's vocabulary), with an unspectacular career ahead of them.


The narcissist feels that he is misallocating his scarce and invaluable resources (for instance, his time). He feels besieged and suffocated. He rebels and erupts in a serious of self-defeating and self-destructive behaviours, which lead to the disintegration of his life.


Doomed to build and ruin, attach and detach, appreciate and depreciate, the narcissist is predictable in his "death wish". What sets him apart from other suicidal types is that his wish is granted to him in small, tormenting doses throughout his anguished life.


Appendix - Custody and Visitation


A parent diagnosed with full-fledged Narcissistic Personality Disorder (NPD) should be denied custody and be granted only restricted rights of visitation under supervision.


Narcissists accord the same treatment to children and adults. They regard both as sources of narcissistic supply, mere instruments of gratification - idealize them at first and then devalue them in favour of alternative, safer and more subservient, sources. Such treatment is traumatic and can have long-lasting emotional effects.


The narcissist's inability to acknowledge and abide by the personal boundaries set by others puts the child at heightened risk of abuse - verbal, emotional, physical, and, often, sexual. His possessiveness and panoply of indiscriminate negative emotions - transformations of aggression, such as rage and envy - hinder his ability to act as a "good enough" parent. His propensities for reckless behaviour, substance abuse, and sexual deviance endanger the child's welfare, or even his or her life.