Comments for Dax Desai.com http://www.daxdesai.com High Return Investing with Dax Thu, 20 Nov 2008 20:48:25 +0000 http://wordpress.org/?v=2.6.1 Comment on POT - Don’t Abandon Ship by Matthew Bush http://www.daxdesai.com/2008/07/12/797/#comment-20257 Matthew Bush Wed, 05 Nov 2008 21:24:12 +0000 http://www.daxdesai.com/?p=797#comment-20257 Great Post - I know nothing of trading options... wish I did, but don't have the time. Great Post - I know nothing of trading options… wish I did, but don’t have the time.

]]> Comment on SEC bans short-selling of 799 financial stocks & Other Measures by Free Financial Planning Tools http://www.daxdesai.com/2008/09/19/sec-bans-short-selling-of-799-financial-stocks-other-measures/#comment-20253 Free Financial Planning Tools Wed, 05 Nov 2008 20:02:13 +0000 http://www.daxdesai.com/?p=834#comment-20253 That just sucks. That just sucks.

]]> Comment on New and Improved Bailout Package Revealed by Free Business Research Statistics Tips http://www.daxdesai.com/2008/09/28/new-and-improved-bailout-package-revealed/#comment-20252 Free Business Research Statistics Tips Wed, 05 Nov 2008 20:01:35 +0000 http://www.daxdesai.com/?p=869#comment-20252 Great image. It is important for the banks to have money so that they can lend money. I am not positive on the ratio but for every $1 spent it creates about $9 is spending for the year. An example would be when the government sends everyone $600. They are adding $5,400 in yearly spending. It helps Great image. It is important for the banks to have money so that they can lend money. I am not positive on the ratio but for every $1 spent it creates about $9 is spending for the year. An example would be when the government sends everyone $600. They are adding $5,400 in yearly spending. It helps

]]> Comment on Why You Should Stay in the Market Despite the Crash by Business Plan Financial Model Forecasting http://www.daxdesai.com/2008/10/10/why-you-should-stay-in-the-market-despite-the-crash/#comment-20251 Business Plan Financial Model Forecasting Wed, 05 Nov 2008 19:59:36 +0000 http://www.daxdesai.com/?p=902#comment-20251 Good graphs. It is very important for people to stay in the market. It will go up, it just takes time! Good graphs. It is very important for people to stay in the market. It will go up, it just takes time!

]]> Comment on Indian Version of the Wall Street Crisis by Consulting Butler Consultants http://www.daxdesai.com/2008/10/14/indian-version-of-the-wall-street-crisis/#comment-20250 Consulting Butler Consultants Wed, 05 Nov 2008 19:58:38 +0000 http://www.daxdesai.com/?p=925#comment-20250 Good post. Good post.

]]> Comment on Blue Collar Economic Indicators by Butler Motors Car Reviews http://www.daxdesai.com/2008/11/03/blue-collar-economic-indicators/#comment-20249 Butler Motors Car Reviews Wed, 05 Nov 2008 19:57:25 +0000 http://www.daxdesai.com/?p=935#comment-20249 I agree, the market will sort it self out. This is a normal cycle of the economy. The reason this is such a bad downturn is because we had so many years or growth. I agree, the market will sort it self out. This is a normal cycle of the economy. The reason this is such a bad downturn is because we had so many years or growth.

]]> Comment on Election Day Freebies by Butler Motors Inventory http://www.daxdesai.com/2008/11/04/election-day-freebies/#comment-20248 Butler Motors Inventory Wed, 05 Nov 2008 19:32:16 +0000 http://www.daxdesai.com/?p=943#comment-20248 Great post, thanks Great post, thanks

]]> Comment on How to Find the Best Checking Account Rates by Butler Motors Automobile Buyer’s Service http://www.daxdesai.com/2008/08/25/how-to-find-the-best-checking-account-rates/#comment-20247 Butler Motors Automobile Buyer’s Service Wed, 05 Nov 2008 19:30:24 +0000 http://www.daxdesai.com/?p=800#comment-20247 I always have the best luck at Credit Unions I always have the best luck at Credit Unions

]]> Comment on How to earn 12.28% in a 4.5% World by Alamgir Kahn http://www.daxdesai.com/2007/07/19/how-to-earn-1228-in-a-45-world/#comment-19887 Alamgir Kahn Tue, 28 Oct 2008 16:57:30 +0000 http://www.daxdesai.com/2007/07/19/how-to-earn-1228-in-a-45-world/#comment-19887 BTW, seems like EverBank is out of the krona game: "Important notice: We do not currently offer any product denominated in the Icelandic krona" (ref: http://www.everbank.com/002CurrencyIceland.aspx) BTW, seems like EverBank is out of the krona game:

“Important notice: We do not currently offer any product denominated in the Icelandic krona”

(ref: http://www.everbank.com/002CurrencyIceland.aspx)

]]> Comment on How to earn 12.28% in a 4.5% World by Alamgir Kahn http://www.daxdesai.com/2007/07/19/how-to-earn-1228-in-a-45-world/#comment-19886 Alamgir Kahn Tue, 28 Oct 2008 16:55:08 +0000 http://www.daxdesai.com/2007/07/19/how-to-earn-1228-in-a-45-world/#comment-19886 I'm curios to know your thoughts on this post. Iceland is trully in big trouble, but today: Iceland's central bank hikes interest rate to 15% http://www.marketwatch.com/news/story/icelands-central-bank-hikes-interest/story.aspx?guid={8354972B-F4CE-4560-852D-458D2CC5D7D5} "LONDON (MarketWatch) -- The Central Bank of Iceland on Tuesday raised its key interest rate by 1.25 percentage points to 15%, citing rising inflation and recent depreciation in the krona. The real exchange rate of the currency is now near the long-term low it reached in late 2001, the central bank said. "If that development is not reversed a period of persistent inflation would be ahead with spiralling increases in prices, wages and the price of foreign exchange," the bank said. It added that the deteriorating global markets mean a "contraction of demand" cannot be avoided. "It will only be more painful if inflation is allowed to get out of hand," the bank said." Even in the current Icelandic climate, would you "go in" at 15%? I’m curios to know your thoughts on this post. Iceland is trully in big trouble, but today:

Iceland’s central bank hikes interest rate to 15%
http://www.marketwatch.com/news/story/icelands-central-bank-hikes-interest/story.aspx?guid={8354972B-F4CE-4560-852D-458D2CC5D7D5}

“LONDON (MarketWatch) — The Central Bank of Iceland on Tuesday raised its key interest rate by 1.25 percentage points to 15%, citing rising inflation and recent depreciation in the krona. The real exchange rate of the currency is now near the long-term low it reached in late 2001, the central bank said. “If that development is not reversed a period of persistent inflation would be ahead with spiralling increases in prices, wages and the price of foreign exchange,” the bank said. It added that the deteriorating global markets mean a “contraction of demand” cannot be avoided. “It will only be more painful if inflation is allowed to get out of hand,” the bank said.”

Even in the current Icelandic climate, would you “go in” at 15%?

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