FINANCE

Let yourself be open and life will be easier. A spoon of salt in a glass of water makes the water undrinkable. A spoon of salt in a lake is almost unnoticed.

Buddha
Blog Posts | Marquez Comelab | 19 Jun 16 | Update: 20 Jun 16 | Full View
According to an article by The Register (Last accessed: 18 June 2016),  "CIA director John Brennan told US senators they shouldn't worry about mandatory encryption backdoors hurting American businesses. And that's because, according to Brennan, there's no one else for people to turn to: if they don't want to use US-based technology because it's been forced to use weakened cryptography, they'll be out of luck because non-American solutions are simply 'theoretical'".
Blog Posts | Marquez Comelab | 18 Jun 16 | Update: 18 Jun 16 | Full View
We need a currency that no longer relies on national governments. We need a planetary currency. Bitcoin may be it.
Blog Posts | Marquez Comelab | 17 Jun 16 | Update: 17 Jun 16 | Full View
I heard about Bitcoin around 2012 but I just sat and waited to see if I would hear more of it.  I really got interested about Bitcoin when I heard an interview of an entrepreneur starting a business providing Bitcoin services and his reasons for why it is a good currency.  Bitcoin is a long term play for me. By long term, I mean one, two or three decades. It is not something I want to trade on a weekly, let alone daily basis. The spreads are too far apart in relation to its daily movements. 
Commentary | Marquez Comelab | 25 Mar 16 | Update: 08 Aug 16 | Full View
Dr. Jim Chalmers MP is the Federal Member for Rankin. He is the Shadow Minister for Financial Services and Superannuation, the Shadow Minister for Sport, and the Shadow Assistant Minister for Trade, Investment and Productivity, wrote an article and argued for Australia taking advantage of Blockchain. 
Q & A | Marquez Comelab | 14 Oct 15 | Update: 25 Mar 16 | Full View
In my opinion, I would have to say the Forex spot market due to minimum barrier to entry, minimum transaction costs (especially if you're dealing with brokers who allow minimal trade size and thus), no one holds an 'insider' advantage (at least for the long term) and everybody is relatively evenly matched terms of access to information, and anybody can avail themselves to any type of strategy big or small. Overall, it is an efficient market.
Q & A | Marquez Comelab | 06 Sep 15 | Update: 25 Mar 16 | Full View
When I was starting businesses when I was in my 20s, I expected results quickly. I expected to work hard on something for a year and I would see super results.  But it depends on your business. Is it a new idea? Do you need to educate customers still or are they familiar with your type of products or services? If yes, you need time.  If no, you need to negotiate better distribution terms  and acquisition costs from your suppliers to compete with your more established competition, etc
Q & A | Marquez Comelab | 30 Aug 15 | Update: 25 Mar 16 | Full View
To be an economic powerhouse, you need to set up a lot of things as a nation to ensure that you are trustworthy and assure investors that you have institutions and laws that ensure fairness and legal protection and respect for their property. 
Q & A | Marquez Comelab | 29 Aug 15 | Update: 25 Mar 16 | Full View
My answer on the 29th of August 2015: If you are serious about blogging, do it on Wordpress. I would recommend it running on your own domain name and on a hosting account you control. Reasons: you can customise its features, you have control over it, you're investing in your URL for the long term. My answer today, 13th March 2016:
Q & A | Marquez Comelab | 29 Aug 15 | Update: 25 Mar 16 | Full View
Generally, I disagree with bail outs because it works against benefits of having a free market and free competition. We got to where we are because people who were in  positions of power and influence allowed or made the conditions which caused these calamities,  to remain in power and influence. They might have done so intentionally with honest motives or for private gain,  or unintentionally through incompetence or stupidity. 
Q & A | Marquez Comelab | 20 Aug 15 | Update: 25 Mar 16 | Full View
Do you need to register as a company? Can you NOT register as a Sole Trader in India? That's probably the simplest to start with. I would only start using a company when it is worth more than its trouble.  Once you have that, I would, if I were in your shoes, see if I can legally protect any intellectual property I can have on the product (trademarks, patent, copyright, etc). 
Article | Marquez Comelab | 01 Jan 06 | Update: 18 Mar 16 | Full View
Not all traders are fortunate enough to have a friend or relative, who happens to be a successful trader, to learn from. Like most traders, Marquez Comelab, author of book: The Part-Time Currency Trader, did not know anybody who could teach him, in person, how to trade. So he read books and attended seminars. In this article, he shares the lessons he learnt from his very first trading teacher.
Article | Marquez Comelab | 01 Jan 06 | Update: 18 Mar 16 | Full View
What we can all learn from this article is the idea that we do not have to rely on our employers to be there for us when we desperately need them to pay us our periodic paycheques at the end of our working days. There are alternatives and, while we still can, I believe we owe it to ourselves and our families to have a back-up plan and look at every single opportunity available.
Article | Marquez Comelab | 01 Jan 06 | Update: 18 Mar 16 | Full View
People have preconceived misconceptions about trading, investing and money in general. This is an entire topic on its own but this week, I set my focus on addressing the type of returns one can expect to achieve by trading the markets. Hopefully, I can help some people understand the power of small consistent returns over time. For many, a great rate of return means multiplying your money at least ten times instantly. It is usually the type of windfall gains that people associate to winning the lottery or winning in the casino. Marquez believes that if applied to the market, these kinds of expectations are detrimental to making wise trading and investing decisions.
Article | Marquez Comelab | 01 Jan 06 | Update: 18 Mar 16 | Full View
Marquez, author of The Part-Time Currency Trader, outlines how to avoid forex frauds and scams.
Article | Marquez Comelab | 01 Jan 06 | Update: 18 Mar 16 | Full View
In Financial Accounting - Reporting for those outside the business, the 3 most important financial statements, relevant for budding entrepreneurs are: 1. The Statement of Financial Position or the Balance Sheet 2. The Statement of Income or The Profit & Loss Statement 3. The Statement Of Cash Flows. This article discusses these three.
Article | Marquez Comelab | 01 Jan 06 | Update: 18 Mar 16 | Full View
As an entrepreneur, who are thinking of going into business, or who is already conducting business, it is time you must know about one of the most fundamental concepts in accounting.
Article | Marquez Comelab | 01 Jan 06 | Update: 18 Mar 16 | Full View
Should you trade shoes, clothing, furniture and electronic gadgets, or should you just trade currencies in the forex market? Marquez Comelab -- author of The Part-Time Currency Trader : A trading guide for working men and women -- shares a personal story about his choice.
Article | Marquez Comelab | 01 Jan 06 | Update: 18 Mar 16 | Full View
Should you trade forex instead of investing in real estate 'Marquez Comelab' author of The Part-Time Currency Trader : A trading guide for working men and women ? helps you with your decision.
Article | Marquez Comelab | 01 Jan 06 | Update: 18 Mar 16 | Full View
MAIN ARTICLE So, you now have a trading system. You devised it, you tested it and you are already using it to trade the market. You may have automated it or you may still have to put your buy and sell orders manually, but for the moment, you really have nothing much to do apart from following your system with ironclad self-discipline. The question is: Now what do you do?
Article | Marquez Comelab | 31 Dec 05 | Update: 18 Mar 16 | Full View
After speaking with a lot of people who are disappointed trying to make something out of their 'passions', Marquez Comelab says that despite the cycle of frustrations experienced by anyone following through on their dreams, one should stay on course.