Business and Financial Watch

Archive for December, 2011

Most young people who had worked to put the excess funds are still confused. One of the coveted young people to invest is a property.

Well, usually young people will be confused with many questions, such as where the exact location, properties such as what the prospects are good, to which one is most profitable.

How to tips on choosing an investment in the property sector? Here are some tips that quoted by The Sydney Morning Herald, Wednesday

1. Ask yourself, why do want to invest in property, and what you want to earn?

If you want to get rich quick, then this is not the path you should take. Indeed, we have seen a surge in property prices a few years back, but property prices as well as the economic cycle, rising slowly. Despite the crisis, but in the next few years we will still see growth in property prices.

Average property industry players like to follow trends. For reasons that can not be explained by common sense, they just chase the property at the time the price went up. So, we can be sure the price increase would still occur in the coming years.

There are still many other factors that support the rising property prices. But, it is hard to guess when the price goes up and up to how big the increase. Instead of wondering pairs better with a long-term targets follow the development of national economy.

Currently, the crisis was engulfing Europe and the United States (U.S.), but these external factors will not affect much on the economy of developing countries. Thus, property prices will not fall upon this sentiment.

If you are young and just intend to get into the property industry, you have plenty of time to save money while looking at the world market developments. Do not rush.

2. Do not blind information

Once you seriously want to put some funds in a property, search for deep information about the industry, ranging from enterprises to the current trend. There have been many stories of developers who asked for a down payment after it disappeared swallowed by the earth before the property was completed. Do not be lured by cheap but an investment with high returns.

There are many ways to explore this kind of information. Internet has opened the window wide open. This is the most appropriate place for young people who want to look for news about the property. Not only that, read newspapers and magazines are also reputable property that contains the news.

The Internet also provides the price, location to where you are looking for a loan to buy the property. If you want to know the current trend, the article also read the opinions of the perpetrators of the property.

3. Invest in a balanced

It is undeniable, in the minds of young people investing in property can provide a high profit. It is also generally supported by both parents who have experienced a home or other property.

But, if you are young with more money and do not have dependents, it never hurts to invest elsewhere. This is done so that your investment is balanced, not heavy in one sector alone.

Even though you’ve just worked, but nothing to lose if you set aside a little of your income to invest in stocks. Or you could just push the advance of funds in the stock. Once you can profit, the funds can be used to purchase the property. Learn to invest early on to hone our ability to dredge dollars in the future.

No need to set aside funds to start investing too much, say around Rp 10000-50000 per week. Although small but better than nothing.

This small approach teaches you to share the risk. Your funds will not go away if anything happens, different if only placed in one container.

4. Saving as much as possible before you buy

If you intend to sublease the property you buy, such as houses or apartments, then you should have more money for the cost of care. If you buy property to live in, still needed the extra money, for money cleanliness and safety of your property maintenance as well.

The best step you can do is keep more money in savings before buying property. With this, you are better protected than any other additional costs.

World Economic Forum announced the Global Competitiveness Report 2010-2011. Competitiveness of Indonesia itself was ranked 44, up from last year which ranked 54th of 139 countries.

The rating is calculated from various data and opinions from an annual survey to the executives who made the World Economic Forum together with a network of research institutes of the leading business organization, Partner Institutes.

This ranking has 12 indicators of state institutions, infrastructure, environmental health, macro-economic and basic education, higher education and training. Other indicators of a good market efficiency, labor market efficiency, financial market development, technological readiness readiness, market size, business sophistication and innovation. Here are four countries with the highest competitiveness in the world.

1. Switzerland

Switzerland managed to maintain its position in the first place, like last year. Switzerland is considered to have a perfect capacity for innovation and sophisticated business culture. The country was ranked fourth for business sophistication and rank second to the capacity of innovation.

Switzerland also has the best research institutions in the world, and strong collaboration between academic and business sectors. This is combined with high company spending in the sector of research and development (R & D) to ensure more and more research supports the value of products and processes. Also strengthened the protection of intellectual property rights and government support for innovation and procurement process.

Public institutions in Switzerland are also considered the most effective and transparent in the world (ranked 5), or better than last year. The structure of government also ensured a place to play (playing field) are equal, increase business confidence, including a strong rule of law, and accountable public sector.

Competitiveness of the country is also supported by good infrastructure (rank 6), the availability of goods (rank 4), developed financial markets (rank and the most efficient job in the world (ranked second, after Singapore). Macro economics of Switzerland fell last year, but bounced back and became the most stable in the world (ranking 5) where now many countries struggling with this situation.

2. Sweden

Sweden is seen moving ahead of Singapore and the United States, so the two ranks. The country is taking advantage of the public institutions most transparent and efficient in the world. Low levels of corruption and their governments is one of the most efficient in the world. Public trust in politicians was ranked third.

While private institutions also received a high ranking (rank 3), with the best corporate ethics behavior (rank 1). High standards of auditing and company officials to function properly. While goods and financial markets are very efficient, even though labor markets are considered less flexible.

This combination coupled with the strength diffusional education for many years (rank 2 in the field of higher education and training) and technology adoption strongest in the world (ranked 1 in terms of technological readiness). Sweden to build a sophisticated business culture (ranked 2) and one of the leaders of innovation (ranked 5). These characteristics make Sweden has the productivity and economic competitiveness is high.

3. Singapore

Singapore stay in position 4, and still the highest order from Asia. The department considered the best in the world, was ranked first in reducing corruption and efficient government. Singapore became the most efficient place for goods and labor markets (rank 1) and ranked second for the sophistication of financial markets.

Singapore also has a world-class infrastructure (ranked 5) good roads, ports, air transport facilities. Besides the competitiveness of this country supported a strong focus on education, providing individuals with skills needed for a rapidly changing global economy. To strengthen competitiveness, Singapore has also adopted the latest technology and technological improvements.

4. United States

Ranked the United States continued to fall since last year, falling two-level rank to 4. While many categories to make the economy productive. A number of weaknesses jurist downgraded the U.S. over the last 2 years.

Those advantages, U.S. companies are very sophisticated and innovative, supported by a good university system, combining the business sector in research and development. With the largest domestic economy in the world, making the chances of the U.S. is very competitive. American labor market is ranked fourth, which is easy to find workers with significant wage flexibility.

There are some common mistakes policyholders of unit-linked insurance products as well as hers, so do not give maximum results. Some of these errors seem trivial, but can be dangerous if left unchecked.

Financial planners say Aidil Akbar Majid, one of the most common mistake is to place the child as an heir in various types of insurance products.

“And the child that’s not necessarily been capable so can not be a legal heir. Could it be the child of at least 21 years of age or married. If the policy holder dies before the child could be the heir then it could be trouble, “he said in launching the book Unit link Shocking in Jakarta,

Another common error occurs when buying insurance products are insurance insuring children in education. She said parents put it on her insurance, so if the child dies then the insurance for a new educational liquid.

“Then the money to whom? His son died first and his money out. Should the old man mounted insurance education, so that when his father died, his son could go to school, “he explained.

According to him, this kind of error occurred more than 70% of insurance education in Indonesia. While the third mistake is to choose a small sum as premium This, says Aidil, a lot happened in unit link. Because this type of insurance has a very high monthly premiums, but the average results are small.

“The average person takes money from the insurance protection around Rp 1.5 to 4 billion. But if the link unit is not large, at only $ 50-200 million, but there are some who until Rp 400 million, “he said.

In his recently published unit link explained that this type of insurance can not provide protection and maximum return on investment than the usual type of insurance.

He added, unit link insurance product itself is not bad, just that the conditions in Indonesia does not allow to maximize the insurance to the general public.

Then, what if we already have insurance unit link? According to not discontinued just a year better.

“Indeed in the first year premium is gone, but if erudite actually more missing. But when it’s over a year, more and more potential losses. Better to look at the health condition itself if still need to wear unit link or better in-cancel it, “he said

A woman entrepreneur iron ore in Australia was asked to step away to the richest woman in the world. Profits in the three mining projects will be said beyond a few leading companies in this field.

News.com.au quoted from page, Friday, June 24, 2011, Gina Rinehart, Hancock Prospecting chairman of the company in the country would become ruler of kangaroos in the field of world iron ore mining. According to research from Citigroup, Gina companies have entered into one of the world’s five largest mining companies.

In addition to Hancock Prospecting, the five projects was held by the company BHP Billiton, Rio Tinto, Xstrata and Anglo American. Various companies are owned by some shareholders, but is owned by Hancock Prospecting Gina one. As the sole shareholder, Gina is expected to reap tremendous profits.

Three new mining projects will begin in 2013 and 2014. Not yet begun, three projects have been included in the top 10 world’s largest mining project. It is estimated that annually, Gina owned mining will generate tens of millions of tons of iron ore.

Previously, women 57 years has indeed been lined up to star becomes first woman to occupy the position of Australia’s richest magazine Business Review Weekly (BRW) with a total wealth of up to AUS $ 10.3 billion or around Rp92 trillion. With the new project company, Citigroup ensures the benefits of this project will jump-start Gina became the richest woman on the planet.

Creating a budget is not difficult to learn. One of them is to make a list of income and expenditure list. Then keep your expenses do not exceed income, as the saying goes large pegs than the pole. By making the budget will make your life more enjoyable and rewarding. What can you include in the budget?

• income

The first you need to make is a list of revenue. Generally that will go to this list are salary, interest from savings accounts, deposit rates, and so on. Record only regular income is for sure you get each month.

Avoid entering an uncertain income or non-routine within your budget. Some income is uncertain such as overtime pay, bonuses, prizes, commissions, even though holidays.  The financial consultant warned that a plan based on uncertain sources of income that can keep you in debt. However, if you occasionally get a revenue is uncertain, such as overtime pay or bonuses, then you can choose to use the money for example to treat yourself and your family, travel, or a donation.

• expenditure

Compile a list of expenses are not as easy as making a list of revenue. It could be that you are trying to record every expenditure to see the financial waste that occurs. However, you should be able to make a list of monthly expenses if you know your spending habits. Some important things that must exist in the list of expenses such as basic needs. This includes food, housing, and clothing.

Do not forget to include routine periodic expenses such as expenditure per three-monthly, per-middle annual, annual and other periodic expenses. Examples for the payment of home insurance, vehicle tax, or income tax. However, to put it in the monthly list, you need to divide that amount by the number of months suitable.