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-+New Venture
173 days ago
Not really related to anything here other than I have started my own business.   Website is at www.5seas.com   We provide products for wealth management specifically tailored to expats   Most of the products are offshore and tax efficient.   We have Investments, Property, Life insurance - including travel, medical, term, whole of life and personal bond products (pb) as well as being able to help with wills, tax issues, and setting up HK corporations.   Anyway go check it out. Its easier to look at the site than for me to explain it here.   I built the site in 2 days but the SEO side looks like it will take more time.
-+Moved The Blog
980 days ago
Mainly because of feedback from JD Smith (thanks JD) I have moved the Blog over to Myspace. JD pointed out that you had to be a member of MSN Live Space to add comments to the blog, which didn't suit him and judging by the lack of comments to date didn't suit anyone else either.   Anyway, you can find the new blog at http:\blog.myspace.com/ideas2earn
-+Shirts business moves forwards
983 days ago
Wel, Mike is back from Spring Break. I didn't ask any questions so have no idea how badly he behaved but I am of course extremely jealous. My weekend was spent visiting my new nephew and I managed to miss rock climbing, St Patricks day and the Charlton Newcastle match so enough said about that.   The good news is that the sampl shirts are in transit to Mike and he has finally set up a blog at http://mikesbusinessblog.blogspot.com/index.html This is key to the project for me as it will be interesting to track the progress of the project from both mentor and mentoree perspectives. I am sure from time to time there will be issues, or conflict which we will report differently. Current issues hot on Mike's mind are stock and pricing. I have suggested that once we understand the shipping time we may want to just ship without holding any stock. If it is less than a week this should be acceptable. The cost of shipping is high this way as we are using a courier service and it adds ...
-+Press comes up to speed on Sub Prime issues
986 days ago
This article from the financial Times is much more balanced than my own efforts but acknowledges the issue with securtised debt and the potential roll over into the main economy. http://www.ft.com/cms/s/ecce9222-d325-11db-829f-000b5df10621.html   On a separate note, I discovered yesterday that you must be an MSN spaces member to comment on this blog. I will sign up for a different blog provider and transfer the content over shortly.
-+Could sub-prime failures lead to a Global meltdown worse than 1930’s depression?
988 days ago
I have posted this article on www.articlewheel.com, the issues contained concern me although it is not directly related to theusual content of this site, or my homepage. Feel free to reproduce it in whole or in part. References are from the FT and Wikipedia.   “Accredited Home Loan Lending, a subprime mortgage specialist, said it was seeking fresh capital and waivers on its lending covenants, while the New York Stock Exchange said it planned to delist shares in New Century Financial ”. This bland statement of fact comes from one of the lead stories in todays Financial Times.   Current news reporting covering the meltdown of the US suprime mortgage lending does not go far enough. The fact that New Century Financial has over extended itself is not completely surprising given the boom in sub-prime credit in recent years along with stories of mortgage brokers driving Ferraris and living   millionaire lifestyles.   The bigger issue is that bad debt levels ...
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