: Liberty Investor: The NYSE's Garage Sale

Why is it a garage sale?  Where is garage sale going on?

From: Liberty Investor
Date: Wed, Mar 13, 2013 at 8:31 PM
Subject: Liberty Investor: The NYSE's Garage Sale

A Garage Sale At The New York Stock Exchange

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March 13, 2013  Latest from Neil George A Garage Sale At The New York Stock Exchange » While most investors and the media focus on the action on the main floor of the New York Stock Exchange, I keep finding better deals back in the NYSE's garage sale. More »  Investing Here's What Poor People Don't Know About Gold » When gold fell $125 an ounce this past month, did you react like a wealthy man or a poor man? The difference between the two reactions is huge. If you picked the right one, chances are good you'll make money as a long-term investor. More » Liberty Investor Digest™ continues below... Here's a Special Message From Our Friends at InvestorPlace Media 32 Blue-Chip Stocks to Sell NOW Louis Navellier has just released an immediate sell signal for 32 big-name blue chip stocks that nearly 7 out of 10 Americans own. Not one of the stocks listed has the sustainable revenue or earnings growth to continue to power forward in our knock-down, drag-out global economy. Get all the details in his new special report, 32 Big-Name Blue Chip Stocks Every Investor Must Sell Now. Download it FREE today!  Economy & Politics Want A Career With Growth Potential? Look To Nonprofits » If you're considering a change in employment with an eye toward joining a field with the potential for both staying power and future growth, consider the nonprofit sector.  More » Neil George is the editor of By George, an investment advisory publication. George was the editor of Personal Finance for many years. In addition, he served as editor for a collection of other investment journals published in the United States, Germany and elsewhere.

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Cyprus, EU Lenders agree on bailout plan

Ad Majorem.....Wealth Builders

From CBS News | March 24, 2013

Cyprus leaders obtained a package of loans from EU lenders in a 10 hour tense negotiations. The financial meltdown of Cyprus was thus prevented, and its eventual exit from EU.

Had Cyprus not obtained this bail out plan, the financial aid from ECB would have been cut off.

Under the plan, the second largest bank of Cyprus, Laiki would be restructured with depositors with amounts in excess of $l00,000 taking a loss.  Earlier, Cyprus legislators planned to impose a 4% tax on deposits

What do you think of the plan to tax depositors?

How do you prevent this from happenning?

First Rule in investing - Do not lose the principal

Ad Majorem.....Wealth Builders

                           Awarding ceremonies today for the inter barangay BFP olympics    

One of the rules in investing is never lose the principal.

The first thing you do when invest is to invest in a house and insurance.

So if you have a house, you either invest in fire insurance or you invest in fire fighting equipment or fire protection.  While the fire insurance can help you recover, you only get back the fraction of the replacement cost of the building that was burned down.  The adjusted payment will be based on the depreciated cost of the building at the time it was built, and not on the current price.  So it makes sense that you keep your building/house intact. 

So these activities of the  BFP to increase their firefighting assets and establishing fire brigades and having competition during he fire prevention week makes sense.

So support your local BFP unit and the volunteer fire  brigade.

                               Getting ready for awarding ceremonies;  Juan time is late

                                 It rained before the celebration;  had it been earlier

                                BFP have a mascot too

                                     Pride in being  a volunteer fire brigade fighter

                                    The oldest fire fighting asset of the LGU

                                  Trophies galore for the winners

                   Barangays now have fire fighting assets; 20 years ago the municipality had none

                                   Barangays now have their own ambulances (from IRA?)