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The research objectives should be formulated in a manner that they help in determining that the research study will explore something new or will add more insights in the existing theories. The research objectives should be formed in SMART manner,[link widoczny dla zalogowanych], which determines the significance of a research study. The SMART objectives mean specific,[link widoczny dla zalogowanych], measurable, agreed,[link widoczny dla zalogowanych], realistic, and time bound.
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The SMART objective would ensure the significance of research as it will increase the research reliability and validity. It is because the SMART components of the research increase the significance of research study. As per the SMART pattern, the research objective should be specific, which should state what exactly you are going to achieve. The inclusion of measurable component depicts that objective should be determined in a way that it could be measured in qualitative or quantitative manner.
The determination of research objective is a difficult to manage task for a student after the selection of appropriate research topic in his/her interest area. The research objectives help to determine the direction of the research study and also ensure that the research is exploring something new and specific to the research topic. Most of the students face difficulty in determining the research objectives in an effective manner, so that they could increase the reliability and validity of their dissertation work. After the selection of appropriate research topic,[link widoczny dla zalogowanych], it is essential for the researchers to determine the objectives of their study,[link widoczny dla zalogowanych], which they are thinking to be achieved and explored through their research study.
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How Long Does It Take to Play Guitar Well?
A common question among beginners picking up the guitar is how quickly they’ll be able to play it properly. Generally speaking,[link widoczny dla zalogowanych], it won’t take that long – but you’ll need to put in quite a bit of effort and be persistent throughout the learning process to ensure that you take in all the important bits properly.
Learning the guitar can be split into a few stages which pretty much everyone goes through, and each of them is related to different skill levels in general. Some things can be learned quite quickly,[link widoczny dla zalogowanych], while others take more time – those who just want to learn the instrument for brief entertainment will have it a lot easier than those aspiring to play metal solos.
The important steps in learning the instrument can be divided as follows:
Playing basic chords – this tends to be the first important skill most beginners learn; you must learn how to strum and switch between the basic guitar chords. You may not have the chords memorized and can’t play many songs from memory, but you’ll still be managing to fret and strum them. This shouldn’t take more than a week to accomplish.
Playing easy songs – the next level involves playing some easier songs that you’ve practiced hard enough and have memorized them to a good degree,[link widoczny dla zalogowanych], able to strum and switch between them easily; you should be able to do that without keeping your eyes on the fretboard all the time. With a lot of practice,[link widoczny dla zalogowanych], 2-3 weeks should be enough to get there.
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Fingerpicking – you must be able to pluck individual strings and play some simple riffs to get here, and this can be typically done in 2-3 months of solid practice.
Lead guitar – this is a big achievement,[link widoczny dla zalogowanych], as being the lead guitar gives you all the focus you can dream of. You must be able to play solos and use various techniques like slurring,[link widoczny dla zalogowanych], sliding and vibrato – and there are various other rules to adhere to as well. Playing acoustic solos is easier to learn compared to metal ones,[link widoczny dla zalogowanych], but in general you’re looking at 3-4 months of practice for this.
The improviser – the final stage of your skills is where you’re able to improvise riffs and solos during a live performance, something which you’ll need a lot of skill for. It might take you anywhere from 6 months to a whole year to get there,[link widoczny dla zalogowanych], and some people need even longer than that!
Of course, all of these are just estimates and some people need a lot more time than that to learn the appropriate techniques – while others get the hang of them quicker. Try and see for yourself!
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In the quantitative reasoning section,michael kors outlet, it helps to understand the basic concept related to arithmetic, geometry, data analysis and algebra. Also, it analyzes different reasons in a quantitative way. It also solves the problem related to quantities.
In the quantitative reasoning section,air jordan, students have to give emphasis on the data interpretation section and real-life problems.
In the verbal reasoning section, it will neither consist of analogies nor include antonyms. Instead, it will consist of more sentence completion questions. In the reading comprehension sections, it will have two new types of questions. Also, it will include traditional multiple choice questions along with the sentence highlighting questions and multiple answer questions. In the multiple choice questions, students would be asked to give answers to three questions and out of which they might choose one,air jordan pas cher, two or all of three questions.
Old GRE
In the verbal reasoning section,toms outlet, less focus would be on the vocabulary section and more focus would be on ‘higher-level’ of cognitive thinking.
In this discussion,scarpe hogan, we will compare old and new GRE test and its various sections
In the writing section, GRE test will be the same for old and new one.
In the writing section, it contains one topic related to “issue” and one topic related to “argument” topic.
The highest score related to the old GRE is 1600,hollister. This score ranges for both the quantitative and verbal reasoning section is 200-800,abercormbie france. These scores are found in ten point increments. Students can get their scores immediately after the exam
In the verbal reasoning section, it tests the ability of analyzing written material and understanding the information in the reading comprehension test. It also helps to figure out relationship among different sentence parts. It also comprehends the relationships between concepts and words.
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New GRE
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The highest score on the new GRE is 340. The score range for both the quantitative and verbal reasoning section is 130 to 170. And, scores are as usual available immediately after the exam.
In this discussion, we will also give one small brief about GRE prep test,michael kors, because practice tests are important,louboutin, while taking preparation for the GRE tests. When we practice,abercormbie, students keep learning and improving on the areas of weakness. With the help of GRE prep test,air jordan pas cher, students will find those difficulties in the exam much easier. And, gradually they get ready for the exam.
The old GRE is a computer-adaptive test or CAT. This test is quite different from the traditional pencil-and-paper test.
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Although this is an intercourse position, in this instance the focus is not on orgasmic release or simple physical pleasure. By combining mental focus, conscious breath,abercrombie, genital connection, and loving eye contact, the Lovers’ Scissors brings your masculine and feminine energies into harmony. It opens your hearts,abercrombie and fitch, connecting you deeply to your partner.
Lie perpendicular to each other—heads apart,abercormbie, groins close together. The woman is on her back, the man on his side. To make the scissors, the woman puts the leg that is closest to her partner over top his hip. Her other leg she puts between his legs. In this position the man gently slides his penis into her vagina. Use saliva or lubricant to ease entry. Look into each other’s eyes (see Eye Gazing) and breathe slowly and deeply together (see Harmony Breath). Place your hands on each other’s heart. Be quiet and still. Feel your connection through your genitals, through your hands to heart,hollister uk, through your eyes, and through your breath. Focus your mind on your loving connection. If thoughts intrude,michael kors outlet, let them pass through and draw your attention back to your genitals, your heart,louboutin pas cher, your eyes, and your breath. To complete your practice, slowly disengage and then give each other a full-body hug.
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6. Control your Facial Expressions
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What does your interview body language say about you? Pay close attention to your interview body language - it plays a critical role in determining how you come across in the job interview!
For more valuable job interview tips to help you succeed in your job interview,[link widoczny dla zalogowanych].
1. Your Posture
Sit upright but in a relaxed fashion leaning slightly forward at about a 10 to 15 degree angle towards the interviewer. This send the message that you are an interested and involved candidate. Hunching down or leaning off to the side gives an impression of nervousness. A sloppy posture and leaning back appears casual and careless, perching on the edge of the chair comes across as tense and uncertain.
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2. What to Do With Your Hands
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Maintaining direct eye contact with the interviewer demonstrates active listening and interest. Blink regularly, look away very briefly and move the head slightly every now and them to not appear to be staring aggressively. Eyes that dart around suggest dishonesty. Looking down gives the impression of low self-esteem.
4. Put Both Feet on the Floor
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3. Avoid Crossing Your Arms
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Be aware of the non-verbal signals in your job interview. They are as eloquent as your interview answers,[link widoczny dla zalogowanych]. These interview body language tips will send a positive and professional message to the interviewer.
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Wouldn’t you rather be in the position of selling life jackets to drowning men,[link widoczny dla zalogowanych]? Don’t feel bad; you are not the cause of their situation,[link widoczny dla zalogowanych]. You are the solution,[link widoczny dla zalogowanych]. They need life jackets. Wouldn’t you agree that the worst life jacket sales person in the country could close this deal? Price will likely not be an issue. And the drowning man will almost certainly feel good about the purchase for years to come…
This principle will translate into every area of your life. If you are always working to increase your POSITION OF STRENGTH, you will be a better negotiator. While the other guys are looking for the overnight method to greatness, you are investing long term into something that follows you and continues to build. Don’t worry about the Eskimos. Be ready for the drowning men because they are on the way…will you be ready?
So why would anyone boast of being able to sell ice to an Eskimo? The Eskimo clearly doesn’t have a need for ice. He will certainly experience buyer’s remorse when reality sets in. And in addition to losing his future business,[link widoczny dla zalogowanych], you’ll probably annoy the Eskimo.
Author&#039,[link widoczny dla zalogowanych];s Bio:
A sale, in addition to the rest of life,[link widoczny dla zalogowanych], is a negotiation. We may not naturally assume this or even enjoy negotiation. If,[link widoczny dla zalogowanych], however,[link widoczny dla zalogowanych], you are in any form of sales this is reality. Due largely in part to my natural awkwardness when it comes to negotiation, I have been studying this subject for six months in depth. Selling is negotiating.
By Jack Galloway
See all Articles submitted by SelfGrowth,[link widoczny dla zalogowanych].com AdminSee SelfGrowth,[link widoczny dla zalogowanych].com Admin's Expert PageGet Updates on Sales TrainingGet Updates on SelfGrowth,[link widoczny dla zalogowanych].com Admin Average: 3 Your rating: None Average: 3 (1 vote) Tweet
So, you ask, what is the point? The point is that this sales person, or negotiator, has a tremendous POSITION OF STRENGTH. He has walk away power while the drowning man does not. POSTION OF STRENGTH could be defined as anything that you do to increase your opportunities and alternatives to a given situation. In your career, this may include finishing that college degree, reading everything that you can get your hands on about your area of expertise, and even getting out of debt. These types of things make you more valuable while making the sale less urgent. Assume your job is lost today. You are negotiating your compensation with a potential employer. Wouldn’t you agree that having $25K in an emergency fund and no debt would take the immediacy away and you would certainly negotiate a better deal? And what about your current employer? If you are constantly investing in yourself by creating relationships and becoming indispensable, would a raise not be much more comfortable to discuss?
In sales,[link widoczny dla zalogowanych], if you are selling the right product (life jackets) to the right group of people (drowning men), you have a powerful POSITION OF STRENGTH. You are now in control. If you cannot afford to walk away from the sale, you have already lost the deal.
In addition to many aspects of negotiation, I have a special interest in the area of sales negotiation. I have learned one specific concept that has so influenced my life that I just knew that I wanted to share it with you.
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By Sadhna Singh,[link widoczny dla zalogowanych]
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Author&#039,[link widoczny dla zalogowanych];s Bio:
Other builders that are converging on the Ghaziabad property market are Parsvnath Constructions,[link widoczny dla zalogowanych], Unitech and Gaursons. These construction and management firms are okay known in India and are an integral a part of the success that Ghaziabad is enjoying. Though Gurgaon and Noida are still fashionable decisions,[link widoczny dla zalogowanych], adding Ghaziabad as a reasonable and trendy place to measure can provide residents during this space even a lot of decisions.
Ghaziabad could be a town within the Uttar Pradesh province of India and is extremely near Delhi. Known for years as an industrial town,[link widoczny dla zalogowanych], it's heavily populated with factories. However, this up and returning town is currently gaining popularity as a reasonable place to measure. The flats that are offered already and people that are being engineered are a number of the most effective construction on the market,[link widoczny dla zalogowanych], with nice amenities and varied floor plans to suit several budgets. Ghaziabad offers nice hotels,[link widoczny dla zalogowanych], shopping,[link widoczny dla zalogowanych], parks and colleges and its relative closeness to Delhi is a new bonus for people who work within the town nonetheless don't desire to measure in it.
The Supertech cluster has several comes that contain residences that are offered currently,[link widoczny dla zalogowanych], in conjunction with some that are within the method of being finished with availability returning soon. several of the newer properties engineered by Supertech cluster feature two and three bedroom floor plans and are artfully mixed in with industrial ventures.
Another robust presence in Ghaziabad is Shipra. This company has been established for pretty much twenty years and is extremely renowned in each the industrial and residential property areas. From searching malls and theatres to classy residential residences, Shipra has had its fair proportion of property and developing experiences. Because the residential market in Ghaziabad continues to grow,[link widoczny dla zalogowanych], thus can the main focus by Shipra to produce cheap residences created with quality materials.
Flats in Ghaziabad vary from one to four bedrooms and are being engineered and managed by a number of the foremost well-known construction firms in India. These firms embody Omaxe,[link widoczny dla zalogowanych], Shipra and also the Supertech cluster. All of these firms supply fine living at a awfully cheap worth. Renting or shopping for an apartment in Ghaziabad is convenient for people who work in or round the town. Recently this town has enjoyed fast growth and is changing into a well-liked place to measure and work.
Omaxe Ltd. has been building quality structures since 1989 and that they aren't any stranger to the requirements and developments of Ghaziabad. The corporate is well attentive to the distinctive challenges that this burgeoning town faces and is already building and developing flats for all income levels and family sizes. Developing,[link widoczny dla zalogowanych], building and managing property is what keeps Omaxe at the forefront of the Indian property market.
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What actually happened?
Author&#039,[link widoczny dla zalogowanych];s Bio:
I never thought that a (above any logical suspicion)
free e-report would multiply among subscribers so
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immune system belligerently,[link widoczny dla zalogowanych], an alike "power" compelled
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bonds of a chain-reaction... multiplying the report to&nbsp,[link widoczny dla zalogowanych];
hundreds of thousands of PC's across the nations!
It could happen to you... a 4-digit
($8225 in gross sales) overnight earning
was the byproduct of a well-coined viral&nbsp,[link widoczny dla zalogowanych];
marketing scheme, which unexpectedly met
my wildest crest.
While it's impractical to expand the components
of this "virulent formula" over a few paragraphs,
one element awed me - "the power of reciprocation
goaded people into spreading the news with utter
willingness,[link widoczny dla zalogowanych]."
Since then, I never spent a cent in publicity -
why throw money down the drain when other&nbsp,[link widoczny dla zalogowanych];
potential people feverishly pass my free
reports with maniac-like fanaticism?
-- The Chain-Reaction Effect has just Began --
Even the most fixated group of rebels
would envy of this induplicable contrive.
At last... after zealous experimentation,
a powerful marketing formula was constituted;&nbsp,[link widoczny dla zalogowanych];
all the much-needed critical elements produced
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ultimate multiplication.
Suddenly your site's traffic multiplies.
You get "Money Waiting" emails from your
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can handle. Your downline increases radically
- potential entrepreneurs join your sales force.
You rub your eyes as you are hooked on your
screen watching those figures invading your
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Can you identify with this "patrolmovement&quot,[link widoczny dla zalogowanych];?
Your leads-list inflates spectacularly.&nbsp,[link widoczny dla zalogowanych];
Your jaw drops as you witness the evolution
right before your eyes,[link widoczny dla zalogowanych]...
By George Papazoglou
See all Articles by George PapazoglouGet Updates on Business OpportunitiesGet Updates on George Papazoglou Average: 3 Your rating: None Average: 3 (1 vote) Tweet
The colossal muscle of an intoxicating viral marketing
scheme can attribute to your income dramatically.
For a more analytical reference on "viral marketing"
and its' importance,[link widoczny dla zalogowanych], refer to
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The other key aspect is to get your finances in order. If you are facing repossession you need to act quickly. One of the possibilities you may have considered is to sell your home. However,[link widoczny dla zalogowanych], in this weak property market you may have found that too difficult,[link widoczny dla zalogowanych], uncertain and slow an option. A cash buyer with no chain attached may feel like a far-off fantasy. However there are companies who act as professional home buyers who do just this. They typically offer two options. A quick property sale of your property or a scheme known as sell and rent back. There are many of these companies around and the industry is beginning to be regulated by the FSA, so make sure the company you approach has the minimum of an interim regulation. (At the time of writing (Dec 2009,[link widoczny dla zalogowanych],) only an interim regulation is available and companies are currently applying for a full regulation.)
Being in debt can be a horrible feeling. It can become all consuming; worry, stress and anxiety over how to stretch £1 into £10, which bill to pay first and sometimes creative ways to hide from bailiffs. It also means cutting back on those precious moments we use to recharge and release; a trip to the movies,[link widoczny dla zalogowanych], a light dinner out,[link widoczny dla zalogowanych], gym membership, laughter-filled trips to the pub with old friends. Worse still if you have loans secured on your home. If these are not paid back on time you may be facing repossession.
Author&#039,[link widoczny dla zalogowanych];s Bio:
By Steven Martin
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There are two things that need to be addressed. One; how you're feeling, how the stress of the situation is affecting you. Two; how to deal with your financial situation.
Some of the symptoms of stress listed on the NHS website include anger, depression, difficulty sleeping,[link widoczny dla zalogowanych], chest pains and nervous twitching. The same page also states "If you have been experiencing some of these symptoms for a long period of time you are at risk of developing high blood pressure which can lead to heart attacks and stroke. So it is imperative that you address how you are feeling. To read more about stress please visit the NHS Stress Pages If you think you may be suffering from stress,[link widoczny dla zalogowanych], book an appointment with your GP to have a chat. Also, prioritise good sleep, eating well, exercise and maybe learn a deep breathing technique for the moments you begin to feel overwhelmed.
If however, the upheaval of moving house is another stress that you would love to avoid while receiving all the benefits of selling your house quickly, it may be worth looking into the sell and rent back scheme. This is often offered by the same companies as the quick property sale option. It can all move just as quickly however you would also sign a rental agreement which would cover the rental rate and the length of tenancy. Dependant on the company,[link widoczny dla zalogowanych], the length of tenancy can vary from short term (six months) to indefinite (some companies are happy for you to stay until whenever you choose to move on or buy back the property from them) - providing you pay your rent on time. If you feel that that would not be possible,[link widoczny dla zalogowanych], speak the them as some can arrange a rent-free period at the beginning while you're getting back on your feet. Make sure you know what the policy of the company is before you sign anything. Once the company own the property they act as landlords, taking responsibility for any repairs that may be necessary. The whole process is completely discreet, so you don't even need to worry about having to tell your neighbours.
A quick property sale of your property can be completed in as little as a month (some companies can even complete in two weeks if you are in dire need.) The best thing about this option is that they can exchange contracts with you on the day of their first visit. This means that you have that all important confirmation of sale that will stop repossession immediately. These companies tend to pay between 60-80% of the market value for your house,[link widoczny dla zalogowanych].
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3. Giacomo, $102.60, 2005—The son of Holy Bull entered the Kentucky Derby as an unheralded runner from California,[link widoczny dla zalogowanych], but exited as the third-highest priced winner in the history of the race. Owned by Jerry Moss and trained by John Shirreffs,[link widoczny dla zalogowanych], Giacomo was disregarded largely because he failed to win any of California's prep races and was off-the-board in the Santa Anita Derby. Like Mine That Bird, Giacomo was far back early in the Kentucky Derby, before mounting a wide bid on the turn that proved to be a winning one. Giacomo would go on to finish third in the Preakness Stakes and seventh in the Belmont Stakes. He is currently a stallion at Adena Springs.
By Lee Lane-Edgar
See all Articles by Lee Lane-EdgarGet Updates on Success PrinciplesGet Updates on Lee Lane-Edgar Average: 0 Your rating: None Tweet
Below is a look at some of the highest win payouts for a $2 wager in the history of the Kentucky Derby.
1. Donerail, $184.90,[link widoczny dla zalogowanych], 1913—After several scratches left only a field of seven in the 1913 Kentucky Derby,[link widoczny dla zalogowanych], Donerail still managed to be completely ignored in the wagering. The son of McGee had shown little to nothing while prepping for the Derby in nearby Lexington, Ky. On Derby day, though, he managed to put it all together. The comments in the chart for the 1913 Derby say Donerail, “showing startling improvement over his Lexington form,[link widoczny dla zalogowanych],” was restrained early under jockey Roscoe Goose, made a move on the stretch turn and then proceeded to shock the world under a drive through the stretch. Donerail would go on to add a couple of Stakes wins in Canada in his career before retiring with 10 wins in 62 starts and earnings of $15,156.
Every so often in the Kentucky Derby,[link widoczny dla zalogowanych], a relatively unaccomplished 3-year-old will manage to step up on the first Saturday and May and shock the racing world with a longshot win in America's greatest horse race. In fact, that has become even more of a possibility in recent years as the Derby field now almost always has the maximum 20 horses entered. These large fields often create havoc and vastly increases the amount of racing luck needed to be successful.
2. Mine That Bird,[link widoczny dla zalogowanych], $103.20, 2009—The gelding was a multiple Stakes winner in Canada as a 2-year-old,[link widoczny dla zalogowanych], but finished dead-last in the Breeders' Cup Juvenile when sent to the U.S. to conclude the year and showed little in defeat in two starts in the backwoods of New Mexico as a 3-year-old prior. However,[link widoczny dla zalogowanych], in the Kentucky Derby, Mine That Bird rallied from far back along the rail, aided by a brilliant ride from jockey Calvin Borel and perhaps a sloppy track,[link widoczny dla zalogowanych], to spring the second-largest upset in Kentucky Derby history. Mine That Bird would be narrowly beaten by Rachel Alexandra in the Preakness Stakes, but never managed to regain his Triple Crown form. He never won again in nine starts following the Derby and was retired.
Author's Bio:
4. Gallahadion, $72.40, 1940—This year's Kentucky Derby featured a heavy odds-on favorite in Bimelech,[link widoczny dla zalogowanych], which caused the odds of the other seven horses in the race to swell. Gallahadion had managed to win the San Vicente Stakes at Santa Anita prior to the Derby,[link widoczny dla zalogowanych], but still remained the third-longest shot on the board. Gallahadion would race prominently throughout in the Derby and surge past the field late to win by 1 1/2-lengths. Gallahadion would win five races as a 3-year-old, but the following season was 1-for-14 before retiring without ever having won another Stakes race.
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Wall Street investment mixologists promote a cocktail that has broad popular appeal but which typically creates an unpleasant aftertaste in the form of bursting bubbles,[link widoczny dla zalogowanych], market crashes, and shareholder lawsuits. Many of the most creative financial nightclubs have been fined by regulators and beaten up by angry mobs with terminal pocketbook cramps. The problem is that their concoctions include mixers that overwhelm and obscure the base spirits of the investment portfolio: quality, diversification, and income.
(1) Understanding Investment Securities. Investment securities can be divided into two major classes that make the planning exercise called asset allocation relatively straightforward. The purpose of the equity class is to generate profits in the form of capital gains. Income securities are expected to produce a predictable and stable cash flow in the form of dividends, interest, royalties, rents,[link widoczny dla zalogowanych], etc.
(2) Planning Securities Decisions. There are three basic decision processes that require guideline development and procedural discipline: what to buy and when; when to sell and what; what to hold on to and why.
Tedesco explains that new cocktails are the result of experimentation and curiosity; that they reflect the moods of society; and that they change rapidly as both bartenders and their customers seek out new and different concoctions to popularize. The popularity of most newbies is fleeting; the reign of the old stalwarts is history--- with the exception, perhaps,[link widoczny dla zalogowanych], of "Goat's Delight" and "Hoptoad". But, rest assured, the "Old Tom Martini" is here to stay!
(4) Performance Evaluation. Historically, Peak-to-Peak analysis was most popular for judging the performance of individual and mutual fund growth in market value because it could be separately applied to the long-term cyclical movement of both classes of investment security. More recently,[link widoczny dla zalogowanych], short-term fluctuations in the DJIA and S & P 500 are being used as performance benchmarks to fan the emotional fear and greed of most market participants.
(5) Information Filtering. It's important to limit information inputs, and to develop filters and synthesizers that simplify decision-making. What to listen to, and what to allow into the decision making process is part of the experienced managers skill set. There is just too much information out there, mostly self-motivated, to deal with in the time allowed.
(3) Using the calendar year as a measuring device reduces the investment process to a short-term speculation, ignores all financial cycles, increases the emotional volatility of the investment markets, and guarantees that you will be unhappy with whatever strategy or methodology you employ. (4) Buying any type or class of security, commodity, index, or contract at historically high prices and selling high quality companies or debt obligations for losses during cyclical corrections eventually causes hair loss and shortness of breath.
It's likely that many of the products, derivatives, funds,[link widoczny dla zalogowanych], and fairy tales that emanate from Wall Street were thrown together over "ti many martunies" at Bobby Van's or Cipriani's, and just like alcohol, the addictive products created in lower Manhattan have led many a Hummer load of speculators down the Holland tubes. The financial products of the day are themselves, products of the moods of society. The wizards experiment tirelessly; the customers' search for the Holy Grail cocktail is endless. Curiosity kills many retirement plans.
All investment securities involve some form of risk,[link widoczny dla zalogowanych], but risk can be minimized with appropriate diversification disciplines and sensible selection criteria. Still, regardless of your skills in selection and diversification,[link widoczny dla zalogowanych], all securities will fluctuate in market price and should be expected to do so with semi-predictable, cyclical regularity.
(3) Market Cycle Management. Most securities portfolio market values are influenced by the semi predictable movements of several inter-related economic cycles: interest rates, the IGVSI, the US economy,[link widoczny dla zalogowanych], and the world economy. The cycles themselves will be influenced by Mother Nature, politics, and other short-term concerns and disruptions.
So what do your Investment Manager and your neighborhood bartender have in common, other than the probability that you spend more time with the latter during market corrections? Antoine Tedesco, in his "The History of Cocktails" article, lists three things that mixologists consider important to remember and to understand when making a cocktail: 1) the base spirit, which gives the drink its main flavor; 2) the mixer or modifier,[link widoczny dla zalogowanych], which blends well with the main spirit without overpowering it; 3) the flavoring, which brings it all together.
Author's Bio:&nbsp,[link widoczny dla zalogowanych];
Similarly, your Investment Manager needs to: 1) put together a portfolio that is based on your financial situation,[link widoczny dla zalogowanych], goals, and plans,[link widoczny dla zalogowanych], providing both a sense of direction and a framework for decision making; 2) use a well defined and consistent investment methodology that fits well with the investment plan without leading it in tangential directions; 3) exercise experienced judgment in the day-to-day decision making that brings the whole thing together and makes it grow.
Investment portfolio mixology doesn't take place in the smiley faced environment that brought us the Cosmo and the Kamikaze, but putting an investment cocktail together without the risk of addictive speculations, or bad after tastes, is a valuable talent worth finding or developing for yourself. The starting point should be a trip to portfolio-tending school, where the following courses of study are included in the Investment Mixology Program:
And the one to add--- The Working Capital Model.
Cheers!
By Steve Selengut
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There are four conceptual ingredients that you need to siphon out of your investment cocktail, and one to add: (1) Considering market value alone when analyzing performance ignores the cyclical nature of the securities markets and the world economy. (2) Using indices and averages as benchmarks for evaluating your performance ignores both the allocation of your portfolio and the individuality of the securities you've selected.
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If your nose vibrates when you say hay, hi or he, then you have nasal issues. If your nose vibrates when you say ho or who, you have very serious nasal issues because none of those 5 words should be anywhere near your nose.