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USD Weaker On Soft Retail Sales Report

Forex
Bearish undertones continued to plague the US dollar during the New York session following rather lackluster US economic reports. Continuing on yesterday's momentum, the Euro remained higher against the greenback and traded at an all time high of $1.3810 in the morning, while declining against the British pound to the tune of $2.0365. Subsequently falling against the Japanese yen to below the 122.01 mark, the greenback was able to regain some support against the Canadian dollar after testing C$1.0450, the fourth gain in five sessions.

Dour news early in the New York morning helped to suppress dollar strength in the week's closing session as both US advance retail sales and consumer confidence numbers were slated for Friday. Worse than expected, US retail sales figures actually dipped on the month, far worse than expected by

The Cheapest Days to Buy Certain Items

Personal Finance
Another day, another deal.

Thanks to online coupons, price-comparison search engines and reward memberships, savvy shoppers can pay less than full price on any day that ends in "y." But depending on what you're planning to buy, some days of the week may yield better bargains than others.

We talked to the experts, and narrowed down the best days of the week to buy certain items.

Airplane Tickets
When to Buy: Wednesday morning.
Why: "Most airfare sales are thrown out there on the weekend," says travel expert Peter Greenberg, a.k.a. The Travel Detective. Other airlines then jump

Soros and Buffett Investment Rules

Strategy and Analysis Central
George Soros & Warren Buffett's Investment Rules

1. Believes the first priority is preservation of capital.

2. As a result, is risk-averse.

3. Has developed his own investment philosophy, which is an expression of his personality. As a result, no two highly successful investors have the same approach.

4. Has developed his own personal system for selecting, buying and selling investments.

5. Believes diversification is for the birds.

25 Golden Rules from Peter Lynch

Strategy and Analysis Central
25 Golden Rules from "The Nation's #1 Money Manager" - Peter Lynch

1. Investing is fun, exciting, and dangerous if you don't do any work.

2. Your investor's edge is not something you get from Wall Street experts. It's something you already have. You can outperform the experts if you use your edge by investing in companies or industries you already understand.

3. Over the past three decades, the stock market has come to be dominated by a herd of professional investors. Contrary to popular belief, this makes it easier for the amateur investors. You can beat the market by ignoring the herd.

4. Begind every stock is a company. Find out what it's doing.

Financial Exchanges in Africa

World Exchanges
Financial Exchanges in Africa
GHANA Stock Exchange (the Exchange) was incorporated in July 1989 with trading on its floor commencing in November, 1990. Since then, the Exchange has been progressively strengthening its facilities for businesses and the Government to raise long term capital as well as for investors to obtain liquidity, reasonable capital safety and diversity of investments.

The Exchange is governed by a Council with representation from Licensed Dealing Members (LDMs), Listed Companies, Banks, Insurance Companies, Money Market and the General Public. The Exchange also has a well qualified and experienced management team.

During the five years of the exchange's operation, it has contributed considerably to the development of the capital market in Ghana and as a result the entire financial market is undergoing a transformation.

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Retirement Planning
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Let's move on and start making RETIREMENT PLANNING! Don't forget that you can discuss your plan with us and other community members in our Retirement Planning forum board.

Link Exchange

Link Exchange
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