Fortis, The Huge European bank who fails

This is the other bad economic news from Brussels, Belgium.  Fortis, the European financial giant partially nationalized. The Netherlands and Luxembourg officials said that the Dutch-Belgian bank and insurance giant Fortis NV was given a 11.2 billion euro ($16.4 billion) lifeline to avert insolvency as part of a wider bailout plan agreed to by Belgium. Yves Leterme, the Belgium’s Prime Minister, said the bailout shows account holders and investors that Fortis will not be allowed

The Key Factor Of Home Credit

Buying a home by installment, can be a commitment or agreement  of the biggest and longest credit and debt you have ever decided. Because the more expensive the home will make the bigger the credit and the longer to return it. It can lasts 10 – 15 years of your life. If we take a look at home marketing, there have been changes. The home credit financed by bank offer various and interesting product. By having many choices will give profit to the buyer candidates. Unfortunately, it is

Manage Your Finance and Plan Your Travel Well

The holiday has just passed, we get back to work with the feeling of complicated. It is happy due to seeing friends at the country and it is sad to know it passes so quickly. I remember many people came in flocking to the mall till crowded. I wonder why every before holiday we want to go shopping? Well now after holiday, we are short of everything. If this happens what can we do ? Must we live economical till the end of December ? Not like that, there are several things to do and care to

The Oil Price Begins To Raise Again, the Finance Market Threatened

The world’s crude oil price in closing Friday (19/9/2008) was on the psychologist nudge level at above USD $100 per barrel after several market in US is enlivened by the return of investor following the US government plan about the economic rescue program. It is not only the stock market floor who’s busy in greeting the investors return, the market commodities, including oil, is also flooded with investor who return to get more luck. Just like quoted in AP, Saturday (20/9/2008),

England Financial Service Authority (FSA) Prohibits the Short Selling

The England Financial Service Authority (FSA) takes rule to prohibit the short selling or stock sales in short term started on Friday. The chief Executive of FSA, Hector Sants, said “Although we still consider the short selling as investment technique in a normal market, the extreme atmosphere today, this technique will confuse the market” FSA make this decision with a deep thinking to protect the fundamental integrity and market quality to keep the financial sector safe. Technorati tag :

Lehman Brothers, The Speculation and the Desire to Chase the Luck

The bankruptcy statement from one of the biggest investment bank in the world, Lehman Brothers, is really shocking the global financial market. The stock market from America, Europe, Asia, including Indonesia is deeply corrected. The investor’s money in the stocks market wanes quickly. The wantonness of Lehman Brothers CEO, Richard S Fuld Jr, in managing the portfolio, including the over investment in security based on housing credit (mortgage) is finally expensively paid. It is not only

Money, Finance, Investment Logic and Theory

People cannot stay away from money.  Almost every human aspect of life is connected with money since the barter system is turned into the money system.  We can say that people can’t live without money, unless if you are Tarzan who live in the middle of jungle and live with gorillas. That is why money management is very important.  According to wikipedia, the field of finance refers to the concepts of time, money and risk and how they are interrelated. The term

Manage your finance well

If you are willing to have a safe, comfortable and success life, then you will have to manage your finance well by planning your income and expense every month. You better start it today and from now on.  Trying to make the monthly budget which contains of your financial plan will be better for you. Creating the budget will allow you to detect whether there will be deficit or not in the middle of the month. If you find some deficit in your plan, then you can revise the budget to avoid