Author: Biz India

U.S. GDP Growth Rate Is All the Way Down to No.166 Among 200 Nations. How To Invest in the World’s Fastest-Growing Countries

by Ron Rowland Thursday, May 3, 2012 at 7:30am I’m always on the lookout for investment opportunities. The last few years, most of the profit potential seems to be outside the U.S. Thankfully, with ETFs I can get involved in foreign markets that were once off-limits. A question still nags at me, though. Am I missing something right here at home? Isn’t America still the globe’s economic powerhouse? Sadly, the answer is no. And today I’ll show you the numbers to prove it. GDP Tells the Tale You can measure a nation’s growth in many ways. The most common is “Gross Domestic Product.” GDP is the sum total of all goods and services bought at the retail level. As a statistic, GDP isn’t perfect but can be a handy yardstick. In a healthy economy, GDP should be moving up. Last week, for instance, the U.S. Commerce Department reported our GDP rose at a 2.2 percent annualized rate in the first quarter of 2012. Is 2.2 percent good or bad? Well, it could be worse. Yet it can also be much better … and in fact GDP is much better in other parts of the world. And not just last quarter. Long-term trends reveal the same. Don’t take my word for it. The World Bank publishes GDP numbers for 200 nations, including a few semi-autonomous places like Puerto Rico and...

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Book Review: Fortytude: Making the Next Decades the Best Years of Your Life – through the 40s, 50s and Beyond

Author: Sarah Brokaw Publisher: Hyperion – Voice – 270 pages Book Review by: Laxmi Chaandi The author – Sarah Brokaw – with a master’s degree in social work fromNew YorkUniversityis a licensed therapist with a practice inBeverly Hills,California, offers women advice on many of the common issues they face. She is the daughter of legendary newsman and author Tom Brokaw. Some of those issues women face have to do with: being conflicted by the plastic surgery question, changing careers, dating in your 40s,  dealing with the loss of a family member or friend,  finding work-life balance, health concerns, infidelity, infertility, maintaining sexual vitality and reigniting the flame with your spouse. She answers questions such as why some women feel comfortable turning 40 while others become overwhelmed by the life challenges inherent in entering he fifth  decade. She explains why do some women celebrate their achievements while others mope on what they have not accomplished what their former classmates have. As a certified professional coach she helps women typically aged 35 to 55. She has found that the happiest ones are those with five qualities: accomplishment, adventure, connectedness, grace, and spirituality. The reason why women feel overwhelmed, Sarah Brokaw pints out, is because society expects them to be what I would “superwomen,” being able to be successful in their careers as well as be beautiful and dutiful  wives, moms, and...

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The Hyper-Growth Bollywood Movie Industry

The Hindi (India’s national language) movie industry, popularly christened as Bollywood, is one of the largest film-production centers in the world. The first feature film produced in Indiawas the silent black-and-white film Raja Harisshchandra directed by Dadasahib Phalke and released in 1913 With time, the industry expanded and the number of films produced kept increasing throughout the 1920s and 1930s. With expansion, newer technologies were introduced including the use of sound and later, color. Alam Ara was India’s first sound film, while Kisan Kanya wasIndia’s first color film.  Both are directed by the same person). Introduction of these technologies significantly shaped the style of Indian film-making, as the advent of sound popularized musicals and  song-and-dance sequences, making them an integral part of Indian films. The industry did face problems during the 1930s because of independence movements and international wars  The 1940s, 1950s and 1960s are often called the “golden years” of Bollywood. Films received much critical appreciation all over the world. Several notable cinematic figures such as Guru Dutt, Raj Kapoor and Bimal Roy were active during these years and were instrumental in developing the industry. Subsequently, Bimal Roy’s Mother India received universal acclaim and became India’s first feature film to be nominated for the Academy Award for Best Foreign Language Film. Till today, it is one of only three Bollywood films – Salaam Bombay and Lagaan being the...

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Book Review: Go For It

Author: John J. Tassone: A Practical Guide to Success for Everyone Publisher: Cypress House. 163 pages This is a compact work of inspiration and guidance for those who want to “make it” in life and perhaps, make it big. The book cover shows a little ant carrying an outsized leaf. This demonstrates a “can-do” attitude. Unfortunately most people do not dream big. So they do not reach high levels of success. The causes of not achieving big success are many but based on several books I have read on the subject of success, I believe it has to do with self-image, self-worth and a desire to help others. John J. Tassone started making money early in life, doing jobs such as having a newspaper route, shining shoes and delivering meat. In his later years he went into teaching. He got into insurance sales and for much of his working life, he sold insurance, eventually setting up his own company in this field. Early experiences shape a person’s later life, even to a point that the jobs they do or the activities they engage in have a greater influence than formal education or getting a degree in a particular field. I know some successful entrepreneurs who have become millionaires, even though they have degrees in engineering, law and even medicine. Tassone’s definition of success is different from the images we...

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Book Review: GMAT Review, 12th Edition

Author: Graduate Management Admission Council Publisher: McGraw-Hill – 840 pages Book Review by:  Paiso Jamakar This is a huge book of 840 large-size pages but almost all of its content consists of sample questions, and answers or solutions to math problems. This preparatory guide to the Graduate Management Admission Test which is reportedly taken yearly by 200,000 people in the United States and more than 1.25 million people worldwide contains more than 800 actual test questions and their answers taken from past tests. It contains a diagnostic section that helps you determine in which of the various you are weak and therefore you where you need to spend your time and energies. The book also has insights that help you get rid of misconceptions you may have and throw out fears about the exam that you may have developed. It is advised that you get first get a birds’ eye view of the 10 sections this guide contains, as well as the subheadings of each section so get a clear view and decide which pages to study and review on. Before jumping into particular sections that contain the test questions and answers (sections 4 through 10) it makes sense to prepare yourself adequately by going through the first three sections, namely What is the GMAT, How to Prepare and the Diagnostic Test. You probably are wondering: why take the...

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