Less profit is not loss
The times they are a changin’, and indeed they have. For better or for worse, I am not sure, but what has changed is the way we look at making money from money.
Call it what you may — credit crisis, crisis of confidence, financial tsunami, meltdown — erosion of wealth is never good news. And rattled markets often lead to political turmoil and even shift in power.
So what is happening in the markets, economy, and banks; well, with anything to do with the art and science of making money?
Global markets have turned schizophrenic, banks are not lending and investor over-confidence has turned to no-confidence.
from Money on the markets:
Less profit is not loss
The times they are a changin', and indeed they have. For better or for worse, I am not sure, but what has changed is the way we look at making money from money.
Call it what you may -- credit crisis, crisis of confidence, financial tsunami, meltdown -- erosion of wealth is never good news. And rattled markets often lead to political turmoil and even shift in power.
Vodafone to sell 3G iPhone in India from Rs 31,000. Pricey?
It’s official. Vodafone will sell the 8GB 3G iPhone for 31,000 rupees ($712) and the 16GB model for 36,100 rupees ($828). And this for a 3G model when India does not even have 3G services yet.
Vodafone and Airtel will launch the 3G Apple iPhone in India on August 22. Airtel is yet to announce its price for the phones but it’s unlikely the pricing will differ much.
The price of the 8GB model in the U.S. is $199 and $299 for the 16GB model. So is buying the iPhone in India worth it or will the grey market rule?
Who will buy the new iPhone? All those who had pre-booked? The ones who want to get the latest gizmo on day one of its official launch in India or the geeks who cherish anything Apple?
Many of our offices wont allow camera phones, and I dont thinkit is any fun to browse net through a mobile phone. And there are 100’s of models which are cheaper but of better quality than the rotten Apple.
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Abhinav Bindra wins India’s first solo Olympic gold
By Erik Kirschbaum: Abhinav Bindra won India’s first ever individual Olympic gold medal on Monday with a thrilling come-from-behind victory in the men’s 10m air rifle.
Bindra had been fourth after qualifying but had a brilliant final round and even hit a near perfect 10.8 on his last shot to pull in front of Henri Hakkinen of Finland, who dropped to bronze with a poor final shot of 9.7.
That allowed China’s Zhu Qinan, the defending Olympic champion and heavy favourite, to pass him on his final shot and win the silver medal.
“It’s just great,” Bindra told Reuters just before climbing on to the podium.
And — the celebrations have begun .
Babli Bindra, Abhinav’s mother, quipped: “Now I have lots of work ahead as he is the country’s most eligible bachelor.”
Already, the 25-year-old shooter’s female fan base is growing.
hello Abinov bindra
how are you feeling? so many people congrats you.So my comment will not impress you so much.but it’s a duty to every Indian citizen to wish you. best of luck for your job.you have made a great job.your great work should be continued.
an important thing:by you, other players got motivated.so you made a master stroke.
bye…
To some extent I agree with Roy’s logic that less profit is not loss as it is also well said that every single Penny saved makes a Pound and if you manage to save the Pound, that’s a big deal. So reisk averse people should try avoiding the security markets as it involves a great degree of a risk as unpredicted fundamentals may impare the value of their investments. So one should wisely invest as a Rupee saved is a Rupee earned and equity could be a diversified option for those who have hefty bank balances at their disposals and are prepared to bare losses.