February 8th, 2009
Worldwide investors are looking closely at online casino stocks as a fairly new and potentially rewarding financial market sector.
The current global capitalization of the online gambling market sector is around 10 billion in US dollars. Conservative estimates have projected this to be 100 billion USD for this sector within the next ten years. These companies normally trade at around 15 to 20 times their earnings, which is astounding. This suggests that this market sector could end up valued at around 2 trillion USD. This represents a 200 times increase in market share compared to today’s levels.
Stocks of online gambling companies and their associated businesses such as online gambling software companies fell dramatically at the end of 2006, due to fears of enacted U.S. legislation. This market decline saw most companies drop to around 50% of their original pre-2006 capitalized values. This collapse was specifically due to an American witch hunt against companies and in particular against online payment systems that were associated with Internet gambling. Since 2006, stocks in online gambling companies have recovered and continue to climb even during the dramatic stock market declines seen in 2008.
This suggests that online gambling stocks should be considered as an investment oasis, and a sector that will continue to benefit those looking for long-term visionary investment.
With the triple blow to the economy of the recession, a housing crisis, and a credit crunch, wily investors should consider the online gambling sector as a safe haven for their cash.
Rekrayt
Posted in Uncategorized | No Comments »
February 5th, 2009
Clarom087 asked:
What I mean is that, in any financial companies like AXA financial or Metlife, if they offer you the job as a financial advisor, is it possible to negotiate with them about my starting date? For example, if they offer me a job right now, will they accept if I could start on a specific date like weeks or a month from now for some important reasons I will tell them?
Tags: Axa, Axa Financial, Time Flexibility
Posted in Financial Services | 2 Comments »
January 22nd, 2009
clown victoria asked:
What does anybody know about being a financial advisor or planner? do you have to get a degree for it or is there just a class for it specificaly?
Tags: Financial Advisor, Financial Planner
Posted in Financial Services | 6 Comments »
January 21st, 2009
Jeye asked:
How can I find a financial advisor for a small corporation profit-sharing pension plan? I want someone who charges a flat fee and does not get paid choosing expensive mutual funds.
Tags: Financial Advisor, Pension Plan, Small Corporation
Posted in Investing | 1 Comment »
December 26th, 2008
Over The Rainbow asked: After two years with them I find out the following: Ameriprise Financial Planner Advisors take plan fees from $200 - $1200 to “advise” clients to invest in financial products that yeild more profit for Ameriprise and not in the best interest of the client.
http://www.ameriprisesuck.com/
This one has Red light, Yellow light and Green light companies
http://www.fundpolice.com/database.asp
Tags: Best Interest, Database Asp, Financial Planner
Posted in Personal Finance | 4 Comments »
December 17th, 2008
snakebread asked:
My mom has paid off her house and car and has good income as well as good insurance (including long-term care) and a reserve fund in savings. She has about $150k to invest (that will be basically money for her heirs). Her financial advisor is recommending $100k in a variable annuity and $50k in a REIT. Is this a good option? What else would you recommend? The financial manager doesn’t charge up-front fees, is he ******* away our money through hidden fees?
You guys are awesome! I personally just use Vanguard and would NEVER get an advisor unless I just paid a fee up-front for advice. I think this guy has been hanging around trying to weasel his way into her emotional life to make commissions off her cash. She’s in a low-tax state (her heirs are in high-tax ones) so I would prefer Vanguard stocks and bonds for this money she won’t need.
Tags: Advice, Long Term Care, Stocks Bonds
Posted in Personal Finance | 8 Comments »
December 16th, 2008
lil.m asked: that’s what the SFD advisor on the phone told me. however i obtained info from the direct.gov website stating that there IS help available for people like me through tuition fee grants, due to my household income being low.
:s
mike B, i was asking BRIT students.
notice the brit terms?
now run along and go tell someone who cares.
Tags: Financial Circumstances, Grants, Parents
Posted in Financial Aid | 1 Comment »
December 7th, 2008
LittleMomma asked:
I’m going to start small so I can’t pay large fees. I’m going to do this online only. I don’t want to meet with a financial advisor.
Terry, I already have a mutual fund, a roth IRA, and a 401K. I aced macro and micro economics and have been studying stock trends. All I needed was a website. Lol.
Tags: Micro Economics, Mutual Fund, Stock Trends
Posted in Investing | 6 Comments »
December 1st, 2008
orangefouch asked:
I have class b shares in a ira and the fees are high and the performance is poor. I want to put the money in a no load fund like Vanguard 500. Can I do this without penalty? A financial advisor is currently holding these funds.
Tags: Chosing, Ira, Money
Posted in Personal Finance | 4 Comments »
November 27th, 2008
nicboy360 asked:
Hi, I got referred to a Primerica representative about working as an independent agant there. He told me about paying $99 get started and would put me through trainning program. I have some questions are:
1) anyone has idea about this primerica although they cliam they are backed by Citi, however, you will not be a Citi or Primerica employee.
2) Why they charge me the $99 background check fee if they are such a huge company and tend to hire new financial advisor. Would Merril Lynch do that when hiring anew financial represenative?
3) Since I have no salary to get paid, I don’t really feel secure to work there. To me, the preimerica i smore similar to company like WFG. What do you think?
Tags: Citi, Independent, Wfg
Posted in Other - Business & Finance | 7 Comments »
