Q. If stocks dealing with real estate like Fannie May took a beating then they are selling at a discount. Are there any mutual funds that have holdings in them that may be ready to rebound?
A. Fannie Mae?
Seriously, dude, that is a really, really bad example. The company is functionally bankrupt...it will never come back. ever. Same with Freddie Mac. They are for all intents and purposes defunct businesses being liquidated by the federal government.
To answer your question, there is no "easy way" to cash in on anything in the financial marketplace. If anything, the duel disasters of the 2000's (dot com bomb and the credit crisis) clearly demonstrate that modern finance has made it extremely difficult for the common man to profit without particular competence and focused knowledge.
Expert opinion -- discount it however you please -- currently assumes that the housing crisis isn't over yet. Another trillion (yes with a "T") dollars in insolvent mortgages teeter on the brink of foreclosure in the US with similar disasters looming in the UK and a handful of other bubble countries. Over supply of new housing units in several regions still exceed 3 years and 1-2 years in many. The consensus view leans on 5-10 years for a full recovery, assuming one will happen.
Seriously, dude, that is a really, really bad example. The company is functionally bankrupt...it will never come back. ever. Same with Freddie Mac. They are for all intents and purposes defunct businesses being liquidated by the federal government.
To answer your question, there is no "easy way" to cash in on anything in the financial marketplace. If anything, the duel disasters of the 2000's (dot com bomb and the credit crisis) clearly demonstrate that modern finance has made it extremely difficult for the common man to profit without particular competence and focused knowledge.
Expert opinion -- discount it however you please -- currently assumes that the housing crisis isn't over yet. Another trillion (yes with a "T") dollars in insolvent mortgages teeter on the brink of foreclosure in the US with similar disasters looming in the UK and a handful of other bubble countries. Over supply of new housing units in several regions still exceed 3 years and 1-2 years in many. The consensus view leans on 5-10 years for a full recovery, assuming one will happen.
Purchase of real estate based on nonpublic information: illegal in US and/or UK?
Q. Say a company will relocate its offices, and employees will need new housing. If the move is not yet public, is it legal to purchase real estate in the target areas in the US and/or the UK, or is it a form of insider trading?
If legal, is it also legal for a politician to purchase land that his/her local authority intends to buy, or is that different?
This is hypothetical, and is in no way a request for legal advice.
If legal, is it also legal for a politician to purchase land that his/her local authority intends to buy, or is that different?
This is hypothetical, and is in no way a request for legal advice.
A. For the private individuals this is legal.
For the politician it is not, that is why they have their brothers do it.
For the politician it is not, that is why they have their brothers do it.
How much does a Registered Nurse make in Europe?
Q. I notice the cost of real estate is higher there, but if the wages offset this, it may be worth the move, considering other factors as well, of course.
I know Europe is a continent, so am anticipating responses from various countries. Thanks for the news flash...lol
I know Europe is a continent, so am anticipating responses from various countries. Thanks for the news flash...lol
A. First of all, a few web sites that may help you:
UK Nursing Council
http://www.nmc-uk.org/aArticle.aspx?ArticleID=1685
Irish Nursing Board
http://www.nursingboard.ie/en/registering_to_practise.aspx
Norwegian Registration for Health Personnel
http://www.safh.no/english/index.html
If you speak only English, you will pretty much be limited to Ireland or the UK, although Norway will have some offshore work available in English that pays incredibly well.
According to various UK sites, the NHS (National Health Service) pays from about £17000 for a newly-qualified nurse, £20000+ for an experienced nurse, £25000+ for a charge nurse, and £35000+ for consultant nurses. London gets a 15-20% bonus due to cost of living, and private facilities will pay better than NHS.
Irish salaries seem to be similar:
http://healthcare.monster.ie/articles/nursing_salary/
Here are the average base salaries given for Norway, at 0, 4, 8 and 10 years experience (in Norwegian kronor):
Nurse 301 300, 304 800, 313 000, 343 000
Specialized Nurse 320 300, 324 100, 327 400, 362 000
Positions requirings a Masters degree+ 340 500, 354 700, 374 900, 402 000
Right now, 300 000 kr is equal to about $43200.
Offshore work pays much better (and won't necessarily require Norwegian, since there are so many international workers), but usually has a demanding schedule (like 14 or 28 days on, 14 days off, 12+ hour days). I'm not sure how you apply for these jobs though, possibly an offshore placement agency, or directly through companies.
£25000 is a decent salary in most large UK cities (London and a few others like Edinburgh are more expensive, small towns are less).
300 000 is also a liveable salary in Norway, but offshore work will not only pay more, but mean less living costs since everything is provided for during your shift.
Don't forget that European countries also tend to offer nationalised healthcare (so no insurance costs, and medical costs are low), 4-5 weeks paid vacation every year, and many other benefits.
UK Nursing Council
http://www.nmc-uk.org/aArticle.aspx?ArticleID=1685
Irish Nursing Board
http://www.nursingboard.ie/en/registering_to_practise.aspx
Norwegian Registration for Health Personnel
http://www.safh.no/english/index.html
If you speak only English, you will pretty much be limited to Ireland or the UK, although Norway will have some offshore work available in English that pays incredibly well.
According to various UK sites, the NHS (National Health Service) pays from about £17000 for a newly-qualified nurse, £20000+ for an experienced nurse, £25000+ for a charge nurse, and £35000+ for consultant nurses. London gets a 15-20% bonus due to cost of living, and private facilities will pay better than NHS.
Irish salaries seem to be similar:
http://healthcare.monster.ie/articles/nursing_salary/
Here are the average base salaries given for Norway, at 0, 4, 8 and 10 years experience (in Norwegian kronor):
Nurse 301 300, 304 800, 313 000, 343 000
Specialized Nurse 320 300, 324 100, 327 400, 362 000
Positions requirings a Masters degree+ 340 500, 354 700, 374 900, 402 000
Right now, 300 000 kr is equal to about $43200.
Offshore work pays much better (and won't necessarily require Norwegian, since there are so many international workers), but usually has a demanding schedule (like 14 or 28 days on, 14 days off, 12+ hour days). I'm not sure how you apply for these jobs though, possibly an offshore placement agency, or directly through companies.
£25000 is a decent salary in most large UK cities (London and a few others like Edinburgh are more expensive, small towns are less).
300 000 is also a liveable salary in Norway, but offshore work will not only pay more, but mean less living costs since everything is provided for during your shift.
Don't forget that European countries also tend to offer nationalised healthcare (so no insurance costs, and medical costs are low), 4-5 weeks paid vacation every year, and many other benefits.
Why does China buy US Treasury securities?
Q. Why don't they just buy US real estate, US companies, or companies and real estate all over the world?
Dollars are accepted by everyone in the world - so why does China buy US Treasury securities that pay a tiny interest rate and are subject to inflation, default, etc.?
EDIT @ ultima_b - yes, they want to keep the Chinese currency (Yuan RMB) weak, to promote exports. But why do they have to buy Treasuries? Why not US real estate or companies? I don't see the connection.
Dollars are accepted by everyone in the world - so why does China buy US Treasury securities that pay a tiny interest rate and are subject to inflation, default, etc.?
EDIT @ ultima_b - yes, they want to keep the Chinese currency (Yuan RMB) weak, to promote exports. But why do they have to buy Treasuries? Why not US real estate or companies? I don't see the connection.
A. Not only China,but most of the countries with surplus current account such as Japan,OPEC countries and the UK.The main reason is that the US Treasury bills have very low rate of default.Before 2008, the public debt/GDP was about 60%, that means its capacity to pay off debts is immense. As the dollar has the world hard currency status, it can use as a reserve to back up local currency. The central bank can also swap to other currency so easily. Most of the countries have enacted the law to prohibit central bank to invest in risky businesses.And the US Treasury bills are acceptable by law around the world.But this will change because high public debts in the US. China has to swap to other currencies(Euro,Yen) and gold.But risk is still high.It cannot use in domestic country because it will create inflation.That's why we will see China's FDI every where.It has bought companies around the world. And it has created Hong Kong and London to be the hub for Yuan internalization.That means the demand for US Treasury bills will decline significantly soon.
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