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Showing posts with the label business and stocks

Work with Dan

Daniel Gray is a long term resident of South Korea. He first came in 2004 and since then he has developed a very successful network and a partnership at O'ngo Food Communications. His blog has been mentioned in the New York Times , Serious Eats, Bizarre Foods with Andrew Zimmern, Lonely Planet, and Gourmet's Diary of a Foodie: Korea: Ancient Food, Modern World. He is a regular contributor to the Korea Herald , TBS eFM radio, and he is the dining editor for Groove Magazine. Daniel Gray is a writer and a marketer. He has vast experience of the Korean market and he has done consulting work for KTO (Korea Tourism Organization), STO (Seoul Tourism Organization), The Institute for Traditional Korean Food, Nongnimbu (Korea's Agriculture Ministry) and for local restaurants. He wrote the nightlife section of the travel guide: Seoul Book of Everything. Services offered: Consulting on how to enter the Korean market, the viability of your product for the Korean Market, and ho...

Survival Seoul: Opening a Bank Account

Now if you have been in Korea for a while, it might be time for you to open up a bank account- hiding your money in the freezer is not the best way to save for retirement. It’s not a safe place and it won’t gain any interest. The first thing you have to do is choose your bank. When you choose your bank, you should pick one that is foreign friendly and well established. These days many banks have at least 1 English speaking personnel on staff, so shop around to find one that seems to be staffed with English speakers. I am sorry, but I am not allowed to tell you the names of the major banks on the air, for legal reasons, but you can go to the Soul of Asia message board for that information. Ask around. Ask what banks your co-workers use. That’s a relatively good start. So if you are ready to open an account, you must visit the bank in person and take your alien registration card and passport. If you did not receive the card, yet, then you’ll have to wait until your card has been issued b...

Fire Sale!

I'm selling off a bunch of stuff that I don't need anymore. Here's the pics. If anyone is interested then e-mail me dnlgray@gmail.com. I'm near Nambu Terminal. Dan

Stocks Stocks Stocks

I've decided that I need to get back to managing my portfolio. I'm going to make a couple big purchases. The stocks I'm thinking about right now are: RS Reliance Steel and Aluminum Aggressive Growth – Reliance Steel & Aluminum Co. (NYSE: RS) DIS Disney SIL Apex Silver Mines Ltd. IMMU Immunomedics CXW Corrections Corporation of America ECA EnCanda- Canadian Oil company TIF Tiffany's Diamond NBR Nabors Industries LTD SNG Canadian Superior Energy 3.40 they are drilling in Trinidad I'm very interested in Water treatment and resource companies. Here are are few I am looking at H20 A Canadian Company- I think Canada has a lot of clean water... WTS Watts Water Technology CCC Calagon Carbon Corporation Here's some research that I've found. I think SIL is a definite buy...I'll dwell on the rest. Dan NXY Nexen- oil sands and energy company, but...it has dropped 43% in the last 6 months or so..it has an upside...kind of. Reliance Steel & Aluminum Co. re...

Time to get rid of waste

I'm selling off stuff that I don't use anymore. One of them is my Samsung #11 Camera and my PC (I found out that I truly hate them and I'm going back to macs:) The camera is 6MP with shake reduction, 3x zoom, voice recording, and with PMP and movie functions. The PC is a AMD Sempron 2500 with a DVD player, ethernet, and a DVD player and CD burner. Here's the pics. If you're interested give me an e-mail :) Dan

The Dollar...is it intentionally low???

My thoughts on the economy. I've been recently trying to hedge my risks by putting my money in a couple different investments. Right now, most of my stocks are in the tech sector mainly because it's what I know. I tried to follow the Warren Buffet school of investing about a year ago and all my stocks are at the same level they were (or lower when i bought them.) I've recently bought a Korean CD from KEB bank. It is dollar account and it pays 5% every three months. That's an awesome rate compared to the states. Now the reason I went with dollars rather than the Yen or the Won is that I believe the US economy is intentionally keeping the dollar low. I think they are doing this because the trade imbalance with China. China has a ridiculous stockpile of dollars right now. Soooo...making the dollar stronger would offset most other currencies in the the world and China could use this power to try buyouts of US firms like Japan did when the Yen was very strong in the...

Paying US taxes from Korea

I'm currently searching for info on how to go about paying US taxes from Korea. If anyone has any info, please send me an e-mail. Here's a couple of links I dug up from Dave's ESL. http://www.eslcafe.com/forums/korea/viewtopic.php?t=68158&highlight=Taxes http://www.hrblock.com/taxes/doing_my_taxes/international.html

Money Money Money

Gold is at $622.00 an ounce. I don't think it's going to go down in price for a while. I think I'm going to have to buy soon. The real estate market at home sucks. My parents still haven't found a buyer for their house. Stocks. Apple hit a new high of $85.and some odd cents. Google is at $498.00 and it is about to hit $500! AZA AZA AZA! My Ebay shares are about to hit $35.00 which is what I paid for it back in 2004. I'm going to sell it as soon as it hits. Delta might come out of bankruptcy or be bought out. Turbochef is starting to show some promise, but I'm still at a loss with them. RUTH Chris Steak House is starting to gain momentum. Starbucks is at $38.00 All the rest of my stocks are simply holding steady or I'm taking a slight loss. I'm buying energy and gold exchange stocks next.

GOLD

Gold is currently at $580 an ounce. I would really like to buy it at $500.00 and with oil doing what is right now, I might have a chance. I think I'm going to have to settle for about about $520 before I buy a sizable investment.

Money Money Money

Google is up $6.75 today to bring their stock to $426.00 Cramer from mad money thinks it'll go up to $560.00. Apple is kicking major ass. It's up $4.46 to bring it's stock to $78.99. It's going to pass it's previous highs and I don't think it's going to sink down again. Steve Jobs is a genius. His changes to the Mac line with the Intel Chip and the subtle changes and reversions(is reversion a word? I mean to reverse to a previous version. It sounds right so I'm going to stick with it.) so...his subtle changes and re-versions to the ipod line have made huge profits for the company. I wonder if there is a split coming for Google or Apple? I'm still holding the line with Adobe, Ebay, BMY, GE, MMM,Coke,Starbucks And Goldcorp. As soon as I have a chance I'm going to sell off RUTH, OVEN, and Hershey's Chocolate. I'm sure I can hold onto it and break even, but at this point it might be better to take a loss and reinvest it in something ...

Daily Musings.

I'm thinking of buying shares in GE. GE owns NBC and at this point, NBC is the lowest ranked of the 4 networks- I always thought it was CBS. Anyway, GE has holdings all over the place and although it's a tech and industrial company. I'm reading the "The Coming Economic Collapse" by Stephen Leeb. It's insightful. It suggests how to safeguard your money with the coming? energy crisis. These are what Leeb suggests and doesn't suggest as sound investments *Don't invest in Cash. Inflation causes the money under you mattress to lose value over time. *Don't invest in Bonds. Bonds don't rise with the rate of inflation. *TIPS- Treasury Inflation Protection Securities are the only bonds worth owning because the bonds go up with the rate of inflation. *Don't invest in STOCKS! I don't know about this one. Investment Jetpot 1 *Gold *Oil stocks i.e. Oil service companies. He recommends buying SLB. *Real Estate *Chindia or China and India. I...

Stock update and Business Musings

This is a picture of real stocks. Colonial Stocks- the kind of stocks you simply could do without. Apple is at $77.00 a share. I am amazed and I'm waiting for the split. I'm always watching out for the Forrest Gump factor, but I don't see a slide anytime soon. If Job jumps ship then I'm out of there too. I don't see Zune or Microsoft taking market share from the ipod. The ipod has become iconoclastic. Kick ass! Ebay is making a climb to $28.41. I bought it almost 2 years ago at $35.00 so I'm planning to sell as close to that number as possible. I held onto it thinking that Skype was going to take Ebay to the next level, but now I don't see much profit potential in VOIP. Plus Google seems to have a vendetta against them. What really sucks is that I should have sold it at $60. Turbochef and Ruth Chris Steak house, my IPOs are floundering. I'm going to unload them as soon as possible. Google continues to kick ass, but I think I should have sold ...

I am so SMRT

I am so smart. The yen is gaining against the dollar so I'm going to wait a while longer and take the won I changed to yen and send that money to America. I should make a couple hundred due to the stronger yen to the dollar. I'm still holding onto ebay, even though It's lost almost 30% since I bought it. I think it's about time I sell GOOG again, but damn, I'm really hoping for the split. I'm thinking about Intel. The layoffs will help in the long term. I think I'm going to buy more Starbucks. I'm looking at water stocks and alternative energy stocks because I still have moral conflicts with owing oil stocks. The picture of the Host up top is my serious consideration into buying Korean stocks. MMORPG games are kicking butt in Korea and I think there is more of an upside then console games. With processors dropping in price and with the integration of graphic's chips- PC games blow much of the competition away--except for XBOX 360. I'm goin...