Engineer's Finance

I came across this site by chance through one of the tweets that I received on twitter.

Site: http://www.themoneymeltdown.com/. The site basically talks about the US Economy that is in soup right now.

I hope you must be aware of some crisis in US economy by now. Major Financial Institutions are in real difficult situation. They have either been bought out by FED or they have filed for bankruptcy. I really did not know what was happening and I was eager to know the situation. I was looking out for some descent material and above site really fits the bill. Continue reading →

Off late, I am not able to write articles related to Personal Finance. Sorry for that. I am little busy with my Financial Goal and Stock market is tumbling and scary and I am really not sure how to go about making money. Hence I am doing loads of home work to setup things. I am sure that I will be on track to pursue my dreams. Till then please bear with me.

I thank all you wonderful readers for visiting my site and subscribing it. I appreciate your efforts.

I read the following article on one of the websites. I really forgot the site, I did not try to find out and the only reason I can give is “I AM LAZY TO DO IT”. Please let me know if you find that out for me. Thank you.

When Stock market trading started gaining momentum in the early 1980’s, there was a huge shortage of traders. Investment firms were finding it hard to find suitable individuals to whom they can teach trading and make them earn money for the firms. Moreover, individuals were not very enthusiastic about taking up trading as a career. Those who were willing to opt for it, were the ones who failed in other streams. This created a huge shortfall of “traders” in the market. So the investment firms and brokerage houses started looking around for people who can fit into their requirements. Continue reading →