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Archive for February, 2008

Share Trading The Psychology

Wednesday, February 20th, 2008

Linda reveals truth about your thinking…

In your own mind, answer this question about Linda

Linda is 31 years old, single, outspoken, and very bright. She majored in philosophy. As a student, she was deeply concerned with issues of discrimination and social justice, and also participated in anti-nuclear demonstrations.

Which of these two options is more probable:

Linda is a bank teller, or Linda is a bank teller and active in the feminist movement?

Psychology theory tells us that 80%-90% of most people will have answered (b).

Why (b) when there is no clear evidence that Linda is going to be active in the feminist movement?

Why make such a significant personal judgment about a person we know practically nothing about after reading a single paragraph?

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Considering A Real Estate Investment

Tuesday, February 19th, 2008

If you are like most of us, each day when you open the financial times, you are besieged with different investment instruments and opportunities and wonder with dismay how to make your money grow. Why not spend some time considering real estate which is one of the oldest investment options of all time. This article will deal with three reasons why you should consider real estate investment as part of a larger investment portfolio.

Firstly, have you ever wondered why when the rich after speculating, park their profits in investment property? One possible reason is that property prices tend to move slower as compared to other instruments and real estate prices move generally in response to macro economic factors. This means that for most people who have day jobs, they can go investment property shopping in the weekends and the prices would not have changed that much.

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Buying Antiques in Auction or from Dealers

Monday, February 18th, 2008

About Becoming An Antique Collector
Before buying anything; make a point of studying books and catalogues (even old ones) on your subject, then attend a few auctions, be sure to inspect your choice of antiques on the viewing days before the auction, always allow enough time to visit and explore the main dealers’ stock, both before and after any auction sales. This way you will gradually be able to assess what quality items are available and the prices being currently asked. Make a point of chatting to dealers, or well-known collectors, about what has happened after an auction. Not always, but sometimes one can gain quite a lot of useful guidance about particular pieces, what to look out for and importantly about the general feelings about any record breaking prices.

After an auction it can be possible sometimes to find that a dealer might have a similar quality piece, or even a better one, for much less than has just been paid! A note of caution here, sometimes a really silly price is paid in the auction room, simply because two determined people badly wanted that piece. In such a case of course, that value has to be discounted to a certain extent. It is this sort of information that should be sought (in my earlier suggestion of chatting at the end of the auction).

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