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Sleek GCC airports investing in cutting-edge safety technology …

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Sleek GCC airports investing in cutting-edge safety technology …

As they brace themselves to take on the world competition by strongly emerging as the new global travel hubs, the six Gulf Cooperation Council (GCC) states are investing millions of dollars in airports technology and system upgrades to
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Why Russia is Investing in Gold More Than Anyone :: The Market …

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Why Russia is Investing in Gold More Than Anyone :: The Market …

Why Russia is Investing in Gold More Than Anyone :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website.
The Market Oracle

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Your Questions About Invest In Gold Or Silver

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Michael asks…

Which is best? To invest in Gold or Silver now? In physical form or Stocks, ETF etc?

Thanks for your replies in advance.

financi4 answers:

Gold is a best way for investing money.

John asks…

What kind of gold or silver should I invest in?

Coins, bars, rounds? What would be a reliable legit company?

financi4 answers:

I would suggest buying ETF (Exchange-Traded Fund (ETF))

As you won’t need to worry about its security.

Buying bars and coins are a good idea but then keeping them safe could be a tricky job.

Ken asks…

Should I invest in Silver and Gold ETFs like IAU and SLV?

What will be the next bubble or when will the stock Market crash again? Your “opinions”? Will Apple do great and come out with new products? Etc?

financi4 answers:

1) Should I invest in Silver and Gold ETFs like IAU and SLV?
No
2) What will be the next bubble?
Michael Vick Jerseys
3) When will the stock Market crash again?
Starts on 5/2/2011
4) Your “opinions”?
No, these are facts.
5) Will Apple do great and come out with new products?
Yes, Apple will come out with new products.
6) Etc?
Sorry, your question limit has been exceeded.

David asks…

What is the most secure way to invest in gold?

Keeping gold yourself is a risk to theft and you can’t always trust a bank? What’s the best way?

I’m preparing for a total economic collapse.

Also, which is better to invest in before a depression, gold or silver?

financi4 answers:

If you don’t trust banks, get yourself a floor safe. Sink it in concrete. Cover it up with a rug. Don’t tell anyone you are hoarding gold, silver, food, water, guns or ammunition. Install sturdy locks on your doors and get yourself a dog to discourage burglars.

Both gold and silver are currently excellent investments. As the government inflates the dollar into oblivion worth toilet paper, they will retain value very nicely. Unlike stocks, bonds, or alas, the US dollar, gold and silver will never be worthless.

You can track gold and silver prices online, so you should always have some idea what it’s worth:

http://www.kitco.com

Currently gold is worth about 53 times an equivalent weight of silver. Traditionally, the ratio is about 30. Some people recommend investing in the ration of 30 to 1. I’d say buy whatever you can afford.

Chris asks…

How to start investing in Gold & Silver?

I want to invest in Gold/Silver and want to know what options are there with some savings I make from my salary. My goal is to generate some reserve assets which can appreciate in value.

Shall I do it individually or through some trading company?
Where can I get the price index of gold/silver the past 5-10 years?
Can companies like mutual funds provide with the market information?

By now you can understand I am a beginner

Please note: I take full responsibility of what I do with the information you provide. Thanks

financi4 answers:

There are 2 options by which you can invest in Gold
1 Gold ETF
2 Gold Mutual Fund
Gold ETF is Exchange Trader fund like share, which you can purchase like you purchase shares. Where as Gold Mutual Fund is Fund which will invest in GOLD ETF .
Gold Mutual Funds companies will invest 95% of money in Gold ETF and 5% in Equity.
To invest in ETF you have to purchase units as when you required (DMAT account required)
To invest in Gold Mutual Funds you start with SIP.(DMAT account not required)

For more information you can visit siffy finance or Money Control.com

Its more benifitial to invest in Gold ETF as you can purchase any number of units when prices goes down.

Do your analysis before investing in Gold

Mark asks…

Where to start in investing in gold/silver?

Ive lost faith in the american dollar, inflation keeps rising and its based off of paper, so its worthless. Ive recently turned 20 and have several job interviews lined up (real jobs, not working at target or walmart). where do i start to invest in gold and silver? where, what, when, and how? I want to solidify my future and create my own safety net based of something with substance, rather than relying on the government.
JoeyV, instead of flaunting youre supposed knowledge and belittling me, try providing information to back up your claim. Otherwise you look like a buffoon..oops, too late.

financi4 answers:

You can buy silver or gold from a local coin dealer. Or there are any # of online dealers, try Kitco. I get my (gold) Krugerrands from a local coin dealer. And my Morgan silver dollars from ebay.

Gold & silver coins, may be a good safety net, but as an investment, they are dubious at best. Personally I think my mutual funds, and stocks are a much better investment. And I say this as someone who has 5k in gold, and probably another 5k in Morgan silver dollars.

The u.s. Has been off the gold standard for 40 years now, and I don’t see us ever returning to it. This is an archaic, outdated concept, and I don’t see us ever going back to it. No one else in the world bases their currency on precious metals either. There’s probably a reason for this?? I suggest you do a little research here.

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Beware Of Investing In Company Stock – Business Insider

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Beware Of Investing In Company Stock – Business Insider

Many firms that seek to increase employee motivation and tenure are able to do so by rewarding their workers with shares of company stock. This method of compensation can benefit both employees and employers in many respects;
Business Insider

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Your Questions About Purchased Supplies On Account

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William asks…

In which journal is the return of supplies purchased on account recorded?

In which journal is the return of supplies purchased on account recorded?

1. General journal

2. Cash Receipts journal

3. Purchases journal

4. Cash Payments journal

im confused with this accounting question thanks

financi4 answers:

1. General journal

Purchases journal is usually reserved for purchases of merchandise inventory.

Steven asks…

Transaction analysis results in the development of a journal entry. Supplies are purchased on account agreeing?

Transaction analysis results in the development of a journal entry. Supplies are purchased on account agreeing to pay $2,500 within 30 days. (1) Name the accounts impacted and how using the format account name/debit or credit/dollar amount and (2) explain how the Accounting Equation is impacted.

financi4 answers:

Accounts affected :

‘Supplies’, an asset account
‘Accounts Payable’, a liability account
————
The journal entry is :

Debit ‘Supplies’ $ 2,500 . . . . . . . . . . . . . [increasing the balance of that account]
Credit ‘Accounts Payable’ $ 2,500 . . . . . . [increasing the balance of that account]
———–
Effect of transaction on fundamental accounting equation :

Assets . . . . . . . . . . = . .Liabilities . . . . . + . . . Owners’ Equity
+ $ 2,500 . . . . . . . . = . + $ 2,500

David asks…

accounting ..In which journal is the return of supplies purchased on account recorded?

In which journal is the return of supplies purchased on account recorded?

1. General journal

2. Cash Receipts journal

3. Purchases journal

4. Cash Payments journal

Having a hard time figuring this one out thanks

financi4 answers:

1. General journal

Since supplies are not inventory, you would have used the General Journal when you made the purchase on account, so when you return supplies, you should use the GJ too.

Thomas asks…

describe the three elements of purchased supplies on account?

financi4 answers:

It’s been a while since accounting but I believe the three elements would be purchase price, a possible discount, and number of days the discount would be available. For instance, I would purchase $200 worth of supplies on account but would receive a 2% discount if I pay in full within 30 days.

Just my guess.

Ron, ChFC

Mark asks…

ABC Company purchased office supplies on account during the month of April for $2,600.?

ABC Company purchased office supplies on account during the month of April for $2,600. Payment for the supplies will be made in May. On April 1, the supplies account had a balance of $350. On April 30, supplies on hand amounted to $140. What was the amount of supplies used during April?

a. $2,810

b. $2,600

c. $2,460

d. $350

e. $210

financi4 answers:

A. $2,810

George asks…

Accounting question: “Purchased supplies on account”?

Hi,

I know that for this statement, the Accounts payable and Supplies would both increase.
My only problem is when I write my accounting statements, would this transaction be recorded as “Supplies Expense” under INCOME STATEMENT? or would it go under Liabilities as “Supplies” under the BALANCE SHEET?

Thank you for the help.

financi4 answers:

Debit: Supplies Expense (Under Income Statement)
Credit: Accounts payable

Accounts Payable is a liability. Whenever you have a liability account, more than likely the other side will be to an expense account.

Ken asks…

The balance in the office supplies account on July 1 was $3,200 , supplies purchased during July were ->?

The balance in the office supplies account on July 1 was $3,200 , supplies purchased during July were $2,500 , and the supplies on hand at July 31 were $2,800. What is the amount of supplies to be expensed for the month as the adjusting entry ?

$3,500
$2,800
$3,200
$2,900

financi4 answers:

Dr Supplies expense $2,900
Cr Supplies $2,900

John asks…

Collins Landscape Company purchased various landscaping supplies on account to be used for landscape designs f?

. (Points: 2)
Collins Landscape Company purchased various landscaping supplies on account to be used for landscape designs for their customers. How will this business transaction affect the accounting equation?

1. Increase Assets (Supplies) and decrease Assets (Cash)

2. Increase Assets (Supplies) and increase Liabilities (Accounts Payable)

3. Increase Assets (Supplies) and decrease Owner’s Equity (Supplies Expense)

4. Increase Owner’s Equity (Supplies Expense) and increase Liabilities (Accounts Payable)

financi4 answers:

2. It will increase Assets and increase Liabilities

Charles asks…

Set up T-account (ledger account) for Cash; Accounts Receivable; Supplies; Accounts Payable; Capital;?

Set up T-account (ledger account) for Cash; Accounts Receivable; Supplies; Accounts Payable; Capital; Drawing; Professional Fees: and Operating Expenses.

a) Dec 2, Mr.Johnson invested $ 12,000 cash in the business.

b) Dec 4, Purchased supplies on account, $ 5,750

c) Dec 5, Paid operating expenses, $ 5,000.

d) Dec 6,, Billed Clients for fees, $ 6,940

e) Dec 7,, Received cash from cash clients, $ 4,200.

f) Dec 15,, Paid creditors on account, $ 1,000.

g) Dec 20, Received $ 2,600 from clients on account

h) Dec 25, Withdrew $ 1,000 cash for personal use

financi4 answers:

Set up each of your T accounts, with debits on the left and credits on the right. Then enter the journal entries I gave for your other question.

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Your Questions About Investing In Guitars

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George asks…

Can i learn to play acoustic guitar without being able to read music?

I’m thinking about investing in a acoustic guitar just for fun & learning how to play. I don’t want to have to take lessons. I want to learn to play at home. I have friends that have learned to play over youtube instructional videos and are extremely good having no experience in reading music. Would i be able to do this or would i be wasting my money? I love music & desperately want to play.

Justin answers:

Sure :] you can do open chords and maybe a few bar chords :] that’s the way I originally started to learn, but now I take lessons

David asks…

What is a good electric guitar that is around 300$?

I have been playing guitar for about a year and i love it. I have an acoustic and i am getting a ukulele and an electric guitar. I do not know much about which instruments are good and which are not so i do not want to invest in a guitar that does not sound good.

Justin answers:

Listen pal , do you want a guitar with a great sound and perfect for playing at least 2 year ?
I suggest you to buy an Ibanez RG-370DX
my teacher have on of this guitar and he said its perfect for a guitarist at least 2-4 years
its really perfect i swear

hear is the link : http://www.ibanez.com/ElectricGuitars/model-RG370DX

and just found the price with 399$ : http://www.zzounds.com/item–IBARG370DX

if you can not pay that much you can buy the lower model : RG-270DX
easily will be find on google !

Regards
Dave Raspberry

Paul asks…

What is a good beginner bass, or guitar in the acoustic style?

Im a beginner and would really like to invest in a acoustic guitar or bass. Thanks!

Justin answers:

Depends how much cash you wanna spend.

I recommend you look at Squier by Fender for bass guitars- they’re reliable and quite reasonable priced :)

Chris asks…

How can I get started on playing metal guitar?

I’ve been playing for a couple months now, and I’ve just been practicing picking accuracy and speed, not really chords or any of the real stuff i need to know. I have one of those beginner guitars and amp, but I will soon be investing into a real guitar/amp for metal playing. I just need to know how to start learning metal guitar (metalcore, power metal, maybe death metal too). Basic chords or scales maybe?

Thanks

Justin answers:

You might not want to hear it, but this is the fastest, simplest, and most effective way to make you a good guitarist in a relatively short period of time: Take lessons from a qualified professional guitar teacher. Explain to him what your goals are, and ask him to shape your lesson plan top fit your goals. Practice each week’s lesson until you have absolutely mastered it, so that your teacher isn’t just your practice partner. You’ll soon outplay the so-called “self-taught” players out there.

Robert asks…

What are some guitar accessories that would help make a guitarists life easier?

I have 250$ and I want to blow it on all guitar accessories. I have good guitars and amps, but I want to get some things that most guitarists wouldn’t think of getting that would make my guitar life funner/easier. So thank you for your help!

Justin answers:

I usually invest all of my money on new gear!

I would strongly recommend joining a community of recording enthusiasts like http://www.audioneeds.com – Forums are great because they’re free and there are usually tons of people there who are willing to answer your questions and help guide you toward the direction you want to head.

I’m sure it’ll help :)

Daniel asks…

What guitar style should I learn to write songs similar to nevershoutnever?

I wanna play on guitar, of course, and I write the vocals, I’m just not sure how to approach the guitar.

Justin answers:

Youre looking for acoustic songs. Im not all that up to date with nevershoutnever’s music but i know that 30 days till christmas is great. Try using arpeggios to finger pick the chords or create a pattern of your own. Also to fit your vocal range, you should invest in a capo (if you dont already have one) to change the key of your song and make it fit your singing voice.

A few simple chords that go together are:
Am, C, G, and F
goodluck!

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Nike to Sell Cole Haan Brand for $570 Million

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Nike to Sell Cole Haan Brand for $570 Million

Nike (NYSE: NKE ) announced today that it will sell its Cole Haan brand to private equity investing firm Apax Partners. According to a Nike press release, Apax will purchase the upscale footwear and accessories brand for $570 million. The sale is
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