Tuesday, April 30, 2013

[nidokidos] Deadly Animals in the World

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Deadly Animals in the World


 
Today, animals of all kinds can be considered dangerous. Some on this list have been known to kill a lot of people. Some of them are beautiful animals. However, looks can kill. All animals listed here are deadly, and some of them were only found to be so in the last decade. You're going to be stunned by what some of these animals can do.
 
1. Boomslang



 
The Boomslang is a snake that is primarily found in the South African area, but has been known to make its rounds throughout the African continent. It is one of the deadliest snakes in the world for a couple of reasons.
 
As you can see from the pic above, the fangs on this guy are big, and this is uncommon among the Boomslang's species. The eyes are also interesting. In fact, they have better eyesight than most snakes. Some say its eyesight is as good as a normal human being.
 
As most people know, snakes don't typically have the best eyesight. The Boomslang breaks that trend in a major way. They have been known to pick birds right out of the air due to their tremendous sight.
 
A human has no chance of escaping a bite if the Boomslang chooses to attack them. They usually don't go after humans, but will when threatened. Many of them are green and brown, so they blend in well with the wooded environment in which they thrive.
 
Boomslangs contain a Hemotoxin venom that, when injected, can kill within hours. A person will literally bleed from the inside out. You will bleed from every hole in the body. You'll even bleed from the ears, eyes, and penis/vagina.
 
The deadliest part of the whole thing is that the only place in South Africa that has the Antivenom is Johannesburg. So, if you're out in the bush when you get attacked, you may not make it to the hospital in time. Obviously, the smaller you are, the quicker it'll kill.
 
If you don't get treatment quickly, you'll start to wish you did, so don't play around with this. The average time for the poison to kill is a mere two hours. However, the longer you wait, the greater the risk for long term damage.
 
2. Cone Snail



 
The Cone Snail is one of those animals that no one thinks about, but it is as deadly as it gets. Usually, one may not even realize they are handling a Cone Snail because the first thing you see is their beautiful shell. The snail underneath is an afterthought, but a deadly one.
 
Shell collectors end up picking one up and the snail's harpoon will stick into the person. What happens next depends on the Cone Snail. Each one has a different poison. The deadly ones have a Neurotoxin that will temporarily paralyze you. Then your body will start to shut down. You will also develop severe respiratory problems. This could be the worst part of it.
 
The Cone Snail has something called a Conotoxin.
 
There is no cure for what the Cone Snail puts in your system. Sometimes full blood transfusions are necessary to get rid of the poison.
 
The way to survive the attack initially, before help arrives, is to make sure you alert someone as quickly as possible by calling 911. You should also make sure that CPR is performed. If CPR is administered, chances are there will be enough time to save the person's life. If not, they risk dying.
 
3. Hippopotamus



 
The Hippo is portrayed in pop culture as a slow, dim-witted animal. They have also been dubbed fun loving and peaceful.
 
While they are usually peaceful creatures, these 9,000 pound animals are also very territorial. They kill more humans on average each year than all African animals combined. This is a massive statistic when you think about it.
 
This animal has the potential to kill at any time, and people should take massive notice. The tour guides in the area know the signs of a Hippo that is miffed at them. They will give clues. However, novices won't pick up on them, and those are the people that die.
 
They are territorial animals that simply want to be left alone and given their space. If you do neither, you will pay with your life. Hippos cannot swim, which is one interesting fact about them. But when they chase you, they will basically run underwater, and they can move around 5 mph. This can be faster than you think. They also don't tire easy, so you better have good cardio to outswim one. When they get you, you will die. There is not even a doubt. It's rare when the Hippo stops early. They make sure you're dead so you don't come back. This is why they are naturally deadly.
 
The best thing to do is watch the Hippo from a safe distance. In doing so, the Hippo won't see you as an issue. The closer you get, the closer you are to death.
 
4. Poison Dart Frog



 
The Poison Dart Frogs are known for their beautiful colors. The Dart Frogs are some of the most beautiful creatures you will ever see, and it's a shame that they are so pretty. People would love to handle them, but should not without proper safety gear.
 
Dart Frogs have poisonous skin, which can be a big risk. Their secretions are also poisonous. This is how they keep themselves from becoming prey.
 
The Frog got its name for literal reasons. Tribes have used it to make poison darts/arrows for hundreds of years. It became a household usage, if you will, for tribes in the area.
 
It's unique in the fact that its skin and secretion is untouchable. However, not all poison dart frogs will kill humans with their poison. Only three are that deadly.
 
Usually, poison dart frogs won't kill you from a simple touch right away, but you can feel really sick. The poison will mostly cause sickness because it's technically not going into the blood when you touch it, but it is going into the skin.
 
Your skin acts as a filter between the poison and blood. So obviously some does get in, but not to an extreme level like with an open cut. Some with minor poison won't kill you even if it's shot directly into your bloodstream. But again, you will get quite sick.
 
The Golden Dart Frog can kill with its version of poison through just about any touch. It happens to be the most poisonous Dart Frog in the world, though. It would be the one to not even bother looking at.
 
Zoos keep these little guys in their own special cages. If animal experts won't touch them, neither should you. The color is beautiful, but that's your best warning.
 
5. Yellow Bellied Sea Snake



 
The Yellow Bellied Sea Snake is one of the most beautiful snakes in the world. However, it is as lethal as many. What makes this one stand out?
 
First of all, it's normally found in the sea, which is different from most snakes. It hunts at all times of the day, so you'll find it out and about a lot. They usually never attack humans unless you happen to get too close. Now, the coolest part of this snake is what it packs inside.
 
The poison is obviously lethal, but the way it can kill you is as horrible a way to go as possible. The venom is similar to that of Cobras, but more concentrated and more toxic. It's said that one drop of their venom can kill three grown men.
 
The toxin basically attacks your system like all other poisonous snakes' venom does. Yet, there is a twist. It attacks the respiratory system, and you can have an issue with paralysis. Worst of all, the venom attacks all the muscles, too. You can barely move, and you're in a ton of pain, as well. You wish you were dead. This part of it does not kick in for about 30 minutes to an hour, depending on size. However, it's one of the roughest ways to die imaginable. You will end up experiencing the aches and pains even with the antivenom in your system, no matter how quickly you get it in. It's just your body's way of responding to it.
 
CPR is essential to even be kept alive until you can get the antivenom injected. If you don't, a person can possibly fade out not only from the pain and shock of it all, but from the issues caused with the lungs. CPR also assists the heart, so the added benefit of keeping the heart and lungs active long enough for help to arrive is essential to keeping someone alive.
 
Some people have mentioned, even after they were saved from the venom of a sea snake, that they had severe muscle aches. Often, the pain was horrific. People complained about all of this for months afterward, too. OUCH!
 
6. Blue-Ringed Octopus



 
The Blue-Ringed Octopus is a gorgeous animal. The average sea diver that looks at these creatures is immediately attracted by the beauty. However, you'll be in trouble if you don't keep a safe distance.
 
I am not kidding when I say that the venom contains tetrodotoxin, 5-hydroxytryptamine, hyaluronidase, tyramine, histamine, tryptamine, octopamine, taurine, acetylcholine, and dopamine.
 
You may recognize some of these from medications, like Dopamine. But inside this animal, the effects of all these combined can be vicious. There is no antivenom for this animal, but humans can survive it. How so?
 
The only way is by instant CPR. You will develop paralysis within 5 minutes. So, that's enough time to yell for help and tell someone to call 911. You can also tell them to deliver CPR. The average person dies from cardiac arrest or a lack of oxygen to the brain, causing suffocation. If CPR is performed immediately, you have a better chance.
 
You could also suffer permanent blindness or even permanent paralysis if help does not come soon.
 
As a rule, the most beautiful animals in the world are the ones you don't want to mess with. The Blue-Ringed Octopus makes that statement exponentially true.
 
7. Hooded Pitohui



 
One of the only poisonous birds in the animal kingdom, the Pitohui family of birds are, at times, lethal. The Hooded Pitohui typically gets the most press because it's not only seen more often, but its attacks have been reported more than other birds.
 
Scientists call it "The Flying Venom."
 
So, what poison does it use?
 
You read about the Poison Dart Frog earlier, and it's really the same thing. The HP has the exact same effect, as its skin and feathers are the poisonous part of it. The most horrible aspect is that the venom found on these birds is the most harmful venom known to mankind. Yeah, just when you thought it was fine to go outside, right?
 
A study was done on a mouse by injecting some of the HP's poison into it. Normally it takes a few minutes for poison to enter the animal, and then death will occur within a few minutes, on average. When they tested the HP venom, the mouse was dead within seconds, showing just how lethal it is.
 
Normally we won't be affected by this animal. Similar to the Poison Dart Frog, the poison has to hit the bloodstream. If it does not, though, a few side effects can still happen, such as numbness (usually where the poison was), tingling, or sneezing.
 
Paralysis and death can occur if the bird delivers a good portion of poison. Usually, it's rare that it gives out that much, though. Either way, it's a good idea to be careful if you go to Papua, New Guinea, the native area of this bird.
 
8. Death Stalker Scorpion



 
The Death Stalker Scorpion is kind of a fun name, right? It seems pretty nice.
 
If you're like the rest of the world and see that name, it sends instant fear. You'd be right to fear it, too. This creature isn't one to mess with, and it has a severe temper problem.
 
Many feel that this scorpion was the possible inspiration for the Scorpion character in Mortal Kombat. Many think it looks like a toy because of its beautiful yellow coloring. Therefore, it never really stands out as a big time threat to some children. This can result in a sting. The poison is lethal, as with many other scorpions. Here are same of the after effects of its sting.
 
Number one, their sting has been known to be incredibly painful. Many say it could be the worst of any sting or animal bite. Some have been known to go into shock as a result.
 
Also, the poison can cut off airways. It can kill you if the antivenom is not given soon. According to experts, it could take as little as a few hours. People have reported joint pain and severe headaches for a number of months after the sting.
 
You'll usually find this animal in Israel, but it has been found in other areas, too. This particular scorpion loves the sand, so be extra careful there.
 
9. Puffer Fish



 
Little is known about them, but the funny thing is that the Puffer Fish is more deadly after its death than during its life.
 
The fish is considered a delicacy in many parts of the world. However, if it is not prepared correctly by removing the poison, then one can actually die. Usually, the poison that it delivers can cause your airways to shut, which can obviously be an issue.
 
Its poisons are Saxitoxin and Tetrodotoxin, both of which can be lethal. Tetrodoxin alone can cause rapid heart rate, muscle paralysis, a decrease in blood pressure, numbness, and tingling. Often, the puffer fish's symptoms can go away in a few hours or days, but medical treatment needs to be given soon.
 
During its life, the Puffer Fish is not really tough for humans to kill. But for other animals, it seems to carry a legend. Normally, even top tier predators like the shark stay away from it. Its barbs make it hard to fight and kill, and the fact that it expands can make the fish tough to eat. In the end, most animals just don't want the hassle. The fact that most know it carries poison could also be something to think about. We can't be the only smart species in the world, right?
 
All in all, this fish is not cool to mess with. Why people risk eating it is nuts. But hey, that's one guy's opinion, right?
 
10. Lanomia or "Assassin Caterpillar"



 
People may be wondering why I saved this little guy for last. Wait until you read about the Assassin Caterpillar. It can be almost impossible to even see this creature because it blends into its natural habitat so well. Therefore, humans can encounter it randomly.
 
People have known about the creature for some time, but only recently have they known that it was massively poisonous. So far, in the last 20 years it has caused hundreds of deaths.
 
In just the last few years, there have been around 300 known envenomings, many resulting in death or long term hospitalization. When Brazilian scientists found out about the creature, they quickly prepared the antivenom.
 
It causes "disseminated intravascular coagulation," which is a fancy way of saying that it makes you bleed and prevents clotting. The caterpillar will give you something called "bruised blood." It's just like being hit in the face or arm and getting a bruise. Your body will swell up due to the blood, among other things. You feel pain there for a while, you're tender, etc. However, imagine this happening to your inner biological makeup, your blood in particular. Your bruised blood cannot function well, causing severe issues.
 
The poison will also attack human cells. More specifically, it attacks protein cells, causing them to leak and preventing them from clotting. This virtually kills off the platelets.
 
Due to all of this, you start to bleed internally, which spreads throughout your organs. It will eventually cause compression and eventually brain death. You'll bleed externally, too, just to add more fun to the party.
 
All of this happens immediately when the poison enters your body. Normally, to do enough damage to kill it would have to sting you 20 to 100 times. The funny thing is that most people who run into these guys end up getting that without even realizing it.
 
Also, people do it in obvious ways such as stepping on it or putting your hand on a tree where it is hanging around.
 
Scientists were baffled as to what changed with this animal, since no well-known attacks happened for millennia. However, a large number of attacks have recently occurred in just the Brazilian area. Something has caused this caterpillar to realize its power, and it's quickly becoming one of the deadliest animals in the world.
 
Several studies continue to be done on the ecosystem in Brazil where these venomous creatures are located. But so far, nothing major has been figured out, at least nothing that we didn't already know.






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Discovery: First Scientifically Confirmed Poisonous Bird
Jack Dumbacher, researcher at the California Academy of Sciences, discusses his 1980s discovery of New Guinea's Hooded Pitohui,

Watch the first poisonous bird to be documented by science.

 bird poison

http://www.nidokidos.org/threads/195022-Discovery-First-Scientifically-Confirmed-Poisonous-Bird

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[nidokidos] Akbar's Gold Coins - story with a moral

 

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AKBARS GOLD COINS

The wisdom of Birbal was unparalleled during the reign of Emperor Akbar. But Akbars brother in law was extremely jealous of him. He asked the Emperor to dispense with Birbals services and appoint him in his place. He gave ample assurance that he would prove to be more efficient and capable than Birbal. Before Akbar could take a decision on this matter, this news reached Birbal.

Birbal resigned and left. Akbars brother in law was made the minister in place of Birbal. Akbar decided to test the new minister. He gave three hundred gold coins to him and said, Spend these gold coins such that, I get a hundred gold coins here in this life; a hundred gold coins in the other world and another hundred gold coins neither here nor there.

The minister found the entire situation to be a maze of confusion and hopelessness. He spent sleepless nights worrying over how he would get himself out of this mess. Thinking in circles was making him go crazy. Eventually, on the advice of his wife he sought Birbals help. Birbal said, Just give me the gold cons. I shall handle the rest.

Birbal walked the streets of the city holding the bag of gold coins in his hand. He noticed a rich merchant celebrating his sons wedding. Birbal gave a hundred gold coins to him and bowed courteously saying, The Emperor Akbar sends you his good wishes and blessings for the wedding of your son. Please accept the gift he has sent. The merchant felt honoured that the king had sent a special messenger with such a precious gift. He honoured Birbal and gave him a large number of expensive gifts and a bag of gold coins as a return gift for the king.

Next, Birbal went to the area of the city were the poor people lived. There he bought food and clothing in exchange for a hundred gold coins and distributed them in the name of the Emperor.

When he came back to town he organized a concert of music and dance. He spent a hundred gold coins on it.

The next day Birbal entered Akbars darbar and announced that he had done all that the king had asked his brother-in-law to do. The Emperor waited to know how he had done it. Birbal repeated the sequences of all the events and then said, The money I gave to the merchant for the wedding of his son � you have got back while on this earth. The money I spent on buying food and clothing for the poor � you will get it in the other world. The money I spent on the musical concert � you will get neither here nor there.

This is true even today.


The money you spend on friends is returned or reciprocated in some form or the other.


Money spent on charity gets converted into blessings from God which becomes your eternal property.


Money spent on pleasures is just frittered away!


So when you spend money, think a little, if not a lot!





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The story of charity: water
In just over four years, the organization has now raised more than $35 million through the help of 200,000 donors and helped more than 1.7 million people

watch how they started water charity

 water

http://www.nidokidos.org/threads/195633-The-story-of-charity-water

 

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[nidokidos] What to Learn to Become a Great Manager?

 

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What to Learn to Become a Great Manager?




Delegating : Learn how to choose what to delegate, match employee and delegated assignment, and set the stage for success by both developing your employees and freeing up your time for critical managerial tasks.

Goal Setting : Learn how to set realistic goals, prioritize tasks, and track milestones to improve performance and morale.

Managing Upward : Learn insight into developing a mutually rewarding relationship, with skills for communicating and negotiating with your manager, presenting problems or opportunities to your supervisor and accepting responsibility for your proposed actions.

Meeting Management : Learn about planning and conducting meetings from start to finish; preparation, keeping the meeting on track, and follow-up and dealing with problem behaviors exhibited by meeting participants. 

New Manager Transitions : Learn what it means to be a manager, as well as how to navigate the complex and often stressful transition from individual contributor to a new manager.

Presentation Skills : Learn about preparing and delivering presentations that command attention, persuade, and inspire, rehearsal techniques, creating and using more effective visuals, understanding your objectives and your audience to create a presentation with impact.

Stress Management : Learn the difference between positive stress that enhances productivity and negative stress that breeds tension, lowers productivity, and undercuts job satisfaction, strategies for dealing with underlying causes of worry and stress, tactical coping mechanisms for immediate problem management.

Time Management : Learn how to analyze how you currently spend your time and pinpoint opportunities for improvement, set goals, prioritize tasks, plan your time efficiently using scheduling tools, control time-wasters, and evaluate your schedule once it is underway.

Writing Skills : Learn how to accomplish your business objectives and extends your influence as a manager, create clearer, more effective written communications, guidelines for preparing memos, letters, emails, and other common business documents.

Career Management : Learn how to manage your career--including how to identify your business interests, professional values, and skills in order to target your most exciting career possibilities.

Change Management : Learn how to manage change constructively and navigate the ups and downs that inevitably accompany a change effort.

Coaching : Learn how to strengthen your coaching skills to facilitate the professional growth of the employees you coach.

Developing Employees : Learn how to encourage your employees to learn and grow, while maximizing the return on the management time you invest in employee development.

Difficult Interactions : Learn how to discuss and resolve difficult interactions in the workplace--whether with employees, peers, bosses, or even suppliers and customers.

Feedback Essentials : Learn when and how to give effective positive or corrective feedback, how to offer feedback upward, and how to receive feedback.

Global Collaboration : Learn critical skills required to manage a cross-cultural collaboration, including negotiating, building trust, overcoming language barriers, and navigating the geographical and technological challenges of working across continents.

Hiring : Learn how to identify the particular skill set needed for a job, and then how to research and interview leading candidates until you find the one who best fills your need.

Leading and Motivating : Learn about the essential tasks of leadership: setting direction, aligning people, and motivating others. Learn how to recognize the skills and characteristics of effective leaders, create an inspiring vision, and energize people to support and work toward your goals.

Performance Appraisal : Learn how to prepare for, conduct, and follow up on performance evaluations--in ways that link employee performance to your company's and group's goals.

Retaining Employees : Learn strategies for attracting and keeping top performers, how to handle common obstacles to retention such as burnout and work/life imbalance, and how to develop programs that address the diverse needs and interests of your workforce.

Team Leadership : Learn how to establish a team with the right mix of skills and personalities and create a culture that promotes collaborative work, steps to leading an effective team and includes innovative, easy-to-implement self-evaluation tools.

Team Management : Learn how to diagnose and overcome common problems - such as poor communication and interpersonal conflict - that can impede team progress, learn to take corrective measures to remove team problems and improve team performance.

Virtual Teams : Learn how to create concrete suggestions for forming virtual teams, including assessing their technology and communication needs, structuring the team to build trust, and keeping the team on track

 
Budgeting :
Learn about the budget process, different types of budgets, and common budgeting problems--so you can allocate resources wisely to meet your goals.

 
Business Case Development :
Learn how to create an effective business case, from defining the opportunity and analyzing alternatives to presenting your final recommendations.

 
Business Plan Development :
Learn the process of preparing an effective plan for a business proposal, applicable to launching a new internal product as well as seeking funding for a new start-up business.

 
Crisis Management :
Learn a practical, hands-on method for looking at crises--from developing a crises audit to avoid and prepare for crises, to managing an actual crisis, to learning from past events.

 
Customer Focus :
Learn how to target the right customers and build their long-term loyalty by developing systems for learning about--and responding to--their needs.

 
Decision Making :
Learn how to identify underlying issues related to a decision, generate and evaluate multiple alternatives, and then communicate and implement your decision.

 
Diversity :
Learn how to manage diversity to extract maximum value from your employees' differences -- including how to recruit diverse talent, resolve diversity-related conflicts, and communicate with employees and customers from other cultures. 

 
Ethics At Work :
Learn how to identify and execute sound choices based on ethical standards and how building a culture of integrity and cultivating an environment of trust among employees, customers, and other stakeholders lays a foundation for sustained success.

 
Finance Essentials :
Learn the essential concepts of finance--budgeting, forecasting, and planning, for managers who are not financial managers.

 
Innovation and Creativity :
Learn how to manage an intellectually diverse work group and their environment to produce more--and better--ideas that encourage innovation when developing products and work processes.

 
Innovation Implementation :
Learn how to implement an innovation--from crafting a vision statement to gaining support and managing resistance--and turn an idea into reality.

 
Marketing Essentials :
Learn the fundamentals that will help you better understand the importance of marketing and how it relates to you, especially for non-marketing managers.

 
Negotiating :
Learn how to become an effective negotiator, the negotiation process: assessing your interests as well as those of the other party, developing opportunities that create value, avoiding common barriers to agreement, and implementing strategies to make the negotiation process run smoothly.

 
Performance Measurement :
Learn how to review financial and non-financial measures used in all areas of organizational performance, addresses both standalone measures (including ROI, EVA, and BET) and measurement frameworks such as dashboards, quality models, and the Balanced Scorecard, systematic processes for tracking performance of initiatives.

 
Persuading Others :
Learn the art and science behind successful persuasion -- changing others' attitudes, beliefs, or behavior to create win-win solutions, -- accomplishing work through others -- rather than simply issue orders.

 
Process Improvement :
Learn what business processes are; why improving them is essential; and how to carry out a business process improvement (BPI) initiative.

 
Project Management :
Learn the nuts and bolts of project management, including project planning, budgeting, team-building, execution, and risk analysis, useful tools and techniques such as GANTT and PERT charts, Work Breakdown Structure, and variance analysis.

Strategic Thinking : Learn how to shape and execute organizational strategy, analyzing opportunities, challenges, and the potential consequences of high-level action plans, addresses identification of broad patterns and trends, creative thinking, analysis of complex information, and prioritization of actions



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What makes a great manager?
Please often ask what it takes to be a great manager.

 Here are some ideas.

 manager

http://www.nidokidos.org/threads/195632-What-makes-a-great-manager

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Monday, April 29, 2013

[nidokidos] Ten steps to reach your dream goal

 

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Ten steps to reach your dream goal




Everyone follows different paths to reach their financial goals. While some prefer to invest in 'safe' assets others prefer riskier alternatives, and many believe in putting off larger expenses till their goals are met. No matter which method is used, there are some basic areas that need to be addressed to meet one's financial goals.




Define financial goals – Goals should not be vague such as retirement or a better home. It should be specific, say, "I need to save Rs 5 crore for my retirement" or "I want to buy an independent 3 bedroom house in XYZ area". The clearer the goals, the easier it is to plan and achieve them.




Create a financial plan - Review current investments, insurance, and other assets before making the plan. Decide on the investment avenues that will be used to achieve the goal. This will be based on your risk profile, age, earning capacity, tax bracket.




Risk tolerance - Do an assessment of the level of risk you are willing to take. Typically, higher risk assets yield higher returns and vice versa. If you are able to get a good night's sleep while investing in riskier assets, then equity-based products are a good option, else it is better to invest in safer debt-based investment products.




Make a budget - This is one of the most important steps towards achieving one's financial goals. A proper budget will help in ensuring that savings and investments are done regularly as well as keep unnecessary expenses and debt at bay. It is important to check the budget on a weekly and monthly basis to see if your expenses are within the budget or if they have gone over your income.

If you are in the green (income is greater than expenses) then your budget is working for you, but if you are in the red (with expenses more than income), then it is time to rationalise spending.




Automate Investments - It is advisable to invest on a monthly basis (through a systematic investment plan), as this will give one the double benefit of regular investment, or discipline in investments, and compounding. It will also negate the need to time the markets. Ideally, you should automate this process by a direct ECS transfer to avoid any last minute delays in investing.




Invest from an early age - Starting to invest early will give you the benefit of compounding. An additional few years will result in substantial difference in the value of the investment over a period of time. For example, if investor A starts investing Rs 50,000 per year at age 30 and investor B starts investing the same amount at age 35, when they both reach the age of 55, investor A has a corpus of Rs 61 lakh while investor B has only Rs 40 lakh (assuming both earned 8 per cent interest per annum). This shows that even a few years can make a substantial impact in the long run.




Diversify - Always seek to diversify portfolio, since one asset class could perform well, while others are posting low returns. Diversifying can help in reducing the risk in the portfolio, and give better returns over the long run. Ideally, your portfolio should be a mix of debt, equity, real estate, and commodities.




Time horizons - When making investments, time horizons need to be kept in mind. It is advisable not to invest money that is required for short term needs such as purchasing a car or digital camera, spending on a vacation, and such in equities as these are riskier in the short run.

Long term investment goals can be met with riskier assets, as over the long run equities are likely to give better returns.




Emergency fund - This is an important aspect of financial planning. You should always keep aside some money for emergencies in a liquid form (ideally in cash in a separate savings account). Ideally you should save four to six months' of living expenses in this account.




Review - It is crucial to regularly review the portfolio, as what is a good investment today might not be the best investment a year or two hence. You can either monitor and rebalance the portfolio on a yearly basis, or based on the values of various asset classes in the portfolio.

 




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Re: [nidokidos] Request to Unsubscribe my ID from nidokidos

  Sent from my iPhone On 26 Dec 2019, at 19:27, m.massih@yahoo.com wrote:  Sent from my iPhone ...