Archive for May, 2009

Hybrid Car Technology

Tuesday, May 26th, 2009

LEADING UP TO THE NEED FOR A HYBRID VEHICLE

For most of the lifetime of automobiles, propulsion has been provided by the gasoline or diesel powered internal combustion type of engine. There have been brief flirtations with steam, electricity, and vehicles that could use a variety of fuels, but most of these have fallen by the wayside as the gasoline engine pushed billions of vehicles down the road.

However, this single-minded dependence on petroleum-based fuels, and lubricants too, has placed the planet on the edge of a new future…a future without petroleum or, at best, with limited petroleum resources. Government, business, and designers have combined efforts to come up with some sort of solution to at least part of the problem of maintaining our present way of life with the fact of decreasing petroleum supplies.

In previous incarnations of the personal vehicle, steam did not prove suitable for simple, daily operations, and electricity was limited by the speed with battery charges were dissipated, the length of time required for recharging, and the need to redesign and create an infrastructure for electric cars.

The recent solution has been the hybrid vehicle. The hybrid car combines gasoline engine technology, already fairly highly advanced, with a battery/electric motor combination, which also uses technology that is well known.

WHAT A HYBRID VEHICLE DOES

The gasoline powered engine can provide higher, sustained speeds for long periods of time and recharge the battery as needed by means of a generator (more on this in a moment). The battery/electric motor can provide the power to begin moving the hybrid vehicle, continue moving it at lower speeds and can power systems such as lights, radio, and air conditioner when the vehicle is at a stop. This simple step of having the vehicle turn the engine off during idle times such as at stop signs, stop lights, drive-thrus, and stop-and-go traffic can result in quite a fuel savings by itself.

The forward movement of the vehicle itself can help store power in the battery by turning the electric generator. One interesting aspect of this is that the electric generator which recharges the battery when turning in one direction is also the electric motor which draws power from the battery to move the car at lower speeds. This, in its most basic form, is done by reversing the spin of the central rotor of the generator/motor. This use of the same device to power the car and recharge the battery also allows for a unique feature – regenerative braking.

REGENERATIVE BRAKING IN A HYBRID VEHICLE

Regenerative braking is very simple in concept and turns a frequent and unavoidable expense into an asset in more than one way. In an ordinary vehicle, brake pads or shoes press against a rotor or drum to slow and stop the vehicle. This generates a lot of heat. Brake pads, shoes, rotors, and drums wear out due to the friction and heat and have to be replaced regularly. This can be expensive.

Stop-and-go city driving, tends to be the place where a large amount of braking occurs, so this is where most of the wear on brake parts occurs as well. With a regenerative braking system, such as that in the Toyota Prius hybrid, most braking will actually be provided by the electric motor itself at slower speeds. As you apply the brake, the electric motor which was propelling the car now reverses itself and becomes a generator recharging the battery as you slow and stop. The reversed motor creates torque which slows the vehicle and brings it to a stop, so the regular brake parts receive a lot less wear and need to be replaced less often.

FUEL ECONOMY AND “PLAYING THE LIGHTS” WITH A HYBRID VEHICLE

Add into the mix that stop-and-go city driving burns a lot of fuel. In a gasoline or diesel powered automobile, it takes much larger amounts of fuel to start a vehicle from a stop than to keep it moving. It requires less fuel to pick your speed back up when you have slowed down than to come to a complete stop and have to start from that point. Some truck drivers (and trucks burn a lot of fuel), have been taught to view events ahead and take their foot off the accelerator if they feel they may have to stop at a light that is red or “stale” green, or if there is congestion ahead which will slow them down anyway. This is called “playing the lights” and can result in significant fuel savings in any vehicle. A hybrid vehicle with regenerative braking is going to be saving wear and tear on brake parts, and taking it a little easier on the “go pedal” will help save even more in fuel costs if the driver is “playing the lights”.

A hybrid vehicle commonly improves fuel economy by using the electric motor to start the vehicle moving and by letting the battery take care of times that the car would normally be idling. A well designed hybrid car also sometimes allows the electric motor to assist the gasoline engine as well, thus adding to the fuel economy of a hybrid vehicle over a standard petroleum fuel car.

NOT ALL HYBRIDS ARE CREATED EQUAL

There are hybrid SUV’s and trucks, but these will not get the fuel economy of a smaller, lighter hybrid vehicle such as the Toyota Prius. Just to give an idea of the range, among hybrid cars, according to the federal government’s Fuel Economy website at http://www.fueleconomy.gov/feg/hybrid_sbs.shtml, the 2006 Honda Accord got an average of 28 MPG, while the Honda Insight got an average of 56 MPG, and the Toyota Prius got an average of 55 MPG. To illustrate how the difference in model can make a difference in fuel economy even among hybrid vehicles, hardly any SUV listed on the government’s website got over 34 MPG combined, and neither of the two hybrid trucks listed on my visit to the website, averaged over 20 MPG combined city and highway.

NOTE: I recently bought a Toyota Prius, and have been averaging almost exactly 55 MPG. I went on a trip, of over 2,000 miles, and 55 MPG was the fuel average for almost the entire trip. However, to emphasize how driving habits affect fuel economy, for over 1700 miles, I usually drove between 60 and 64 miles per hour on the highway, but during the last leg of my trip, I was in a hurry to get home and drove at 70 miles per hour. Driving at that speed cut my fuel economy down to under 50 MPG for that last portion of my trip.

Donovan Baldwin - EzineArticles Expert Author

The author is retired from the Army after 21 years of service, has worked as an accountant, optical lab manager, restaurant manager, and instructor. He has been a member of Mensa for several years, and has written and published poetry, essays, and articles on various subjects for the last 40 years. He is keenly interested in the fuels of the future, America’s dependence on foreign oil, the physical limits of stores of petroleum based products, and the futures of his grandchildren. Learn more about hybrid cars, and fuel economy.

Leadership: The Critical Difference

Tuesday, May 26th, 2009

The main characteristic of all successful team-sports, religious, political parties, or business is that they have a good leader. Everything rises and falls on leadership.

When we speak of leaders and leadership, we tend to think of celebrities or famous people but we all have the capacity to lead and therefore are leaders in our own right. Leadership is influence and every single day, whether positively or negatively we are influencing another human being. If you are coaching little league, if you are influencing 3 or 4 people on the job or even your clients you are a leader. This important work not just because that’s how you make a living but because you are influencing another person’s life. As a leader you bring purpose and value to people’s lives.

We are all leaders.

Because we all have the ability to influence another person, it means we are all leadership in our own right. If you want to grow your organization, you have to grow your capacity to lead. You do that by learning, By practicing and developing the traits that make good leader you can grow your capacity to lead and thus grow your team.

Here are some of the traits that make a good leader:

Leaders are dreamers.

They have great personal vision and by extension they have a great vision for the team.

They understand that People are not motivated by small dreams and so they paint a huge challenging view of the future for their followers. In this way it is not easy to achieve and it forces the team to come out of its comfort zone and inspires them to stretch beyond its limitation.

Communication

The art of communication is the language of leadership. The leader has to be able to communicate the vision with passion. Not just from the intellectual head side but also from the emotional heart side. It is a fact that once people get emotional about where they are going then they start to eliminate some of restrictions they have in their minds.

Good communication is the ability to listen intently and to ask questions in order to deepen understanding and strengthen understanding. It is also being courteous and appreciative not just to clients but to employees as well.

Participation

The traditional way of thinking is that leaders must always be aloof. There had to be a gap between them and the team and that he or she never do any of the little things that would help the team to achieve its goal. That was seen as a sign of weakness. On the contrary I believe that that denotes power, for only a strong, powerful person would even consider giving up power but in so doing empowered those around him and in essence made the team far more effective and far more likely to reach if not supercede its goals.

A leader who gives of himself selflessly and helps others to explore their full potential and reach the pinnacle of their own power creates an environment where everyone is enriched by the accumulation and the magnitude of talents. True power is the art of making other people powerful and one of the sure fire sign of a good leader is that he develops other leaders.

Integrity

Leaders need to have an internal guidance system, a moral compass, that I call integrity. The three qualities I just discussed can be taught but integrity is something that has to be ingrained in a persons make up over a lifetime of development. It is what separates a good leader from a great leader

Leaders of integrity hone organizations that are ethical in all they do which in turn attract good honest people who reflect the organization and in turn attract more clients. People want to be led by someone who maintains the highest ethical standards, not someone who is likely to cheat or deceive them or other. Unfortunately, we live in a world where lack of integrity is the name of the game proving to be quite costly to the team over the long haul. Simply reflect on the news coming out of the corporate world in recent years and you’ll see what I mean.

Although I defined leadership as influence note that to be a good leader is to be a person of good character. It is impossible to positively influence another person with flawed character. Developing the traits we discussed will ensure that your not only a good leader of others but of your self.

Copyright (C) 2005 Devon Harris
All rights reserved worldwide
www.devonharrislive.com

The contents of this E-zine may be copied, reproduced, or freely distributed for all nonprofit purposes without the consent of the author as long as the author’s name, copyright notice, and contact information are included.

Puggle: This “Designer Dog” Is All The Rage!

Tuesday, May 26th, 2009

What in the world is a puggle?

One fine day a pug was off gallivanting around when he came across a spirited little beagle, their eyes met and well…. the rest is history!

Puggles are part of a new trend of “designer dogs”- like the schnoodle and the cockabiche. They are popping up in more places and are receiving more press, at the moment, than purebreds and are commanding prices that rival and even exceed the prices of their full-blooded compatriots. Fortunately, I purchased my puggle before their popularity soared.

I originally wanted to buy a pug, but there were none available at the time, though a litter of puggles was. The pups were advertised at $250 each, less than 1/3 the price of a pug. That still seemed expensive to me, for what was essentially a mutt, or so I thought.

A little background on the 2 breeds; Beagles are high-strung but also very sporty, while pugs are not very athletic, but have a calm, relaxing demeanor — not yippy, overexcited, or insecure. Puggles do not generally howl like beagles and do not have the breathing problems that are often associated with the pug. Mix the 2 together and you have the best attributes of both.

I was curious so I went and visited them. They, of course, were very cute and charming. Since I couldn’t find a pug and really wanted a dog, I went ahead and purchased one, a cute little female… What a great decision that was! :)

A puggle combines the strong physical attributes of the beagle with the even, mellow temperament of the pug, making for a calm small dog– how rare is that?

They have the wrinkled face of a pug while having the longer legs of a beagle. Puggles usually get to be 15-20lbs. as adults, are 12-15″ high at the shoulder, are tan or brown with a black muzzle; earning them the well-deserved nickname of “miniature mastiffs”.

Purebred dog breeders naturally have problems with these crossbreeds as many have spent a great deal of time and money perfecting the bloodlines of their breed and don’t like the attention these “mutts” are receiving.
There is a widely held notion that these “mutts” are actually healthier than purebreds, which I have always believed. A cross between 2 breeds of any dog should eliminate genetic problems that may exist in either breed because 90% of genetic problems are recessive, meaning both parents must carry the abnormal gene.

If you want a better chance of having health problems with your dog then buy a purebred! If you want a pet that is unique and healthy then buy a puggle, or go to the local shelter and adopt!

Sara writes articles for Schmeg.com

Visit her at: Chestnut Creek Gift Baskets | Candles

How to Make Big Money Safely in Stock Market

Tuesday, May 26th, 2009

(1) Stock Market is Tough Place to Make Any Money
Consistently

NASDAQ or SP&500 averaged about -6% per year for 5 years
between 1999 and 2003. Many individual investors who made
killing in the internet bubble period got wiped out during
those 5 years. Many who trusted Wall Street experts by
investing their life savings into mutual fund had rude
awakening after the huge loss and scandals in many of the
famous fund names.

Numerous academic studies have shown that more than 90% of
mutual funds failed to beat market over the long run and
that more than 90% of individual investors lost money in the
stock market. Too many people and too many Wall Street
experts or mutual fund managers are buying and selling
stocks like madmen, with no sound strategy or any hope of
long term success. Ironically, they’re the ones who create
opportunities for prudent, long term oriented investors.

To be successful in stock market, you either have to become
an expert yourself or to seek help from real successful
experts. Stock market is such a brutal place that there is
no room for half-expert or expert pretenders. The truth is
that only a small percentage of disciplined and experienced
people earn disproportionate huge amount of return, many
times at the expense of the rest. It is an insult to “Wall
Street expert” professional title when so many of such
“expert pretenders” failed to beat index or merely stay
break-even.

(2) Majority of huge performance claims in Ads by “Experts”
are not real

Too many investment newsletters or hot mutual funds touted
their huge past performance and went into disaster later on.
Who do you believe? I have been in this stock market long
enough to know that majority of their claims are not “real”.
I will tell you why below.

The first reason is simply due to “cheating”. Let’s be
honest about many Ads. Many of them do not tell the whole
and true story of their performance. For example, they would
tout huge percentage of gains for certain winning stocks and
hide the losing stocks. If you look deeper into their whole
portfolio performance, their portfolio performance was not
impressive at all. Many investment newsletters will have
multiple portfolios in publication. In their ads, they will
only mention the performance of the winning portfolio and
hide the losing portfolio. The problem with multiple
portfolios is that when you subscribe to their newsletters,
you would not easily know which portfolio out of many will
have best performance in the long run. Which portfolio do
you follow? Most important of all, which portfolio out of
many does the newsletter author invests for his/her own
money? If the newsletter author or the mutual fund manager
does not invest into a portfolio himself or herself, how
would you trust their services?

Even if past performance of a newsletter or a mutual fund
was pretty good, it may not indicate good performance in the
future. Many hot technology mutual funds jumped up 100% or
more in the 90’s and dived to their death after 90% to 99%
of loss. Certain investment methods such as growth stocks
investing are known to be risky. Momentum investing or day
trading methods are known to be extremely risky methods that
can wipe out life savings over night. There is simply no
free lunch. While a risky method can produce fabulous gain
in relative short term, over the long run, a risky method is
more likely to make people poorer rather than richer even if
a short term gain was gigantic. Gigantic short term gain is
just a dangerous stock market trap to lure the inexperienced
people into the market. Dreaming for instant satisfaction of
huge short term gain overnight with speculation is just a
recipe for disaster ahead.

(3) Value Investing is the Only Proven Safe Method

Value mutual funds are well known to have lower volatility
than growth mutual funds. Numerous industry and acedemic
studies have shown that value stocks as a group performed
far better than growth stocks in bear market. Many
technology and internet so called “growth stocks” lost 90%
to 99% of value in just a couple of years after 2000 while
many value stocks went up during the same time frame.

In fact, the single most important element to obtain high
investment performance over the long run is to maintain
MARGIN OF SAFETY of a portfolio. That is why the greatest
investor Warren Buffet once quote “Rule No.1: Never lose
money. Rule No.2: Never forget rule No.1.”.

(4) Value Investing is the Proven Method to Make Big Money
in the Stock Market

I know that I’m going to catch a lot of flak for saying
this, and that many people will misunderstand what I’m
saying. There are certainly other methods of investing or
trading, which made people rich. There are certainly many
under- performing value mutual funds, which give people
wrong impression that value investing is equivalent of low
performance with less risk.

However, I want to emphasize that in fact value investing is
investment style that can obtain high performance with less
risk. I want to stand by my above statement for the
following reasons:

* In the early years of my investment career, I have studied
and tried all kinds of well known methods of famous
investors or traders, Short term trading, Momentum trading,
Technical Analysis, CANSLIM, growth stock long term buy and
hold, Random Walk theory, etc. I have been there and I have
done there. Evidenced by my past investment performance,
value investing is the only method that delivered gigantic
investment return consistently for me over past many years.
In 2003, I have made more than $150,000 in stock market with
value investing method. In 2004, I have made even more money
than 2003 so far. With the power of compounding, there is
really no upper limit for the investment profit with value
investing.

* In 1984, Warren Buffet gave a speech titled The
Superinvestors of Graham-and-Doddsville, which categorized
performance of many famous value investors who beat market
year in and year out. Many of people mentioned in this
article are legendary multi-billionaire right now. It is
true that only a small percentage of investors can beat
market consistently. However, it is not by chance at all
that so many of students of Benjamin Graham became super
riches in America while other methods have not produced that
many rich people. It is also not coincident at all that the
second richest person in the world is a value investor named
Warren Buffet, a student of Benjamin Graham as well.

(5) Value investing will not distract your regular job

The nicest thing about value investing is that it will not
distract your regular job if you choose not to stare at the
stock market frequently in your office. In fact, it is quite
healthy to forget about stock market in your office and
worry about that only at your home after work.

Many newbies in the stock market still believe that if they
stare at stock price quote closely, they can obtain better
chances of winning. It will not. Staring at the stock quote
is least important part of this game. In fact, staring
closely at the stock price quote is more likely to create a
loser rather than a winner because of greed and fear in the
stock market. The more one is unable to resist the mad mood
of Mr. Market, the more likely one is unable to invest
successfully with value investment method.

I am not saying that successful value investing does not
require time. The time you will need in value investing
depends on the investment vehicle you utilize. If you invest
with a value mutual fund, you will not need much time in
stock market and you only need to follow up quarterly with
your fund’s performance. If you are a passive investor of my
investment newsletter Blast Investor Real-time Plus and you
follow my model portfolio passively, you will only need to
pay attention to my infrequent trade alert closely and read
my newsletter issues every 2 weeks. If you invest by
yourself, you will certainly need hours of time every week
to look at hundreds of value stock leads and do your own due
diligence by reading 10Q or 10K SEC filling, or by listening
to conference calls, or by talking to company’s management.

(6) Successful Value Investing is Hard, But You can Do It!

I certainly do not want to make you to believe that value
investing is as easy as reading couple of books. Value
investing not only requires tons of knowledge and expertise
in financial analysis, accounting, US tax law, US bankruptcy
law, etc., it also requires real life training of right
psychology to fight against greed and fear in the stock
market. It is hard to do.

However, successful investing certainly can be done and I
have done it over past decade myself. You certainly want to
look at my investing articles of this web site for more
information.

(7) You need to start early in value investing

Let’s be honest about value investing, it is not a get-rich-
quick scam and it takes time to really make living with
value investing without need of your regular job. You need
large starting principle if you want to make living from
stock market investment than your salary.

By reading Warren Buffet’s article above, you can pretty
much guess that successful value investors can achieve 20%
to 30% per year performance consistently over the long run
regardless of whether market is bear or bull although it is
possible to obtain significantly higher performance in
earlier investment years due to smaller fund size and luck.
20% or 30% more consistent investment return is already very
high return over the long run. Since Peter Lynch retired
from Fidelity, you can rarely find a mutual fund with that
kind of performance over past many years.

The best approach is to treat stock market investment as
side business in addition to your regular job. Your regular
job help you pay your bills and help you earn the initial
principle for value investing. Once your investment net
worth surpasses $100,000, sooner or later you will realize
that your regular job salary can hardly keep up with
compounded rate of investment return. Too many people
naively believe that they can get rich quick with
speculative trading method in stock market rather than a
hard work with a job and value investing at side. It is a
lot easier to make your first $50,000 net worth with a job
rather than speculation in stock market.

Even if you do not have large sum of money right now as
principle to make really big profit out of value investing,
you still want to start value investing early so that you
can learn in and out of value investing in your earlier
years of investing in the stock market. Successful
investment is long term process. The earlier you start
investing successfully, the better off your pocketbook will
be, and the quicker you will reach your financial freedom.
Let’s do a quick math, if your starting capital for
investing is $50,000 and your annual compouned rate of
return is 30%, you will need 9 years to surpass $500,000 net
worth. However, to turn $500,000 net worth into 1 million,
you only need 3 more years, think hard!

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* Article by Henry Lu of BlastInvest LLC, a premium
investment newsletter publisher in Connecticut. Visit
http://www.BlastInvest.com/ for FREE “how-to”
value investing assistance, web services and more.

Type 2 Diabetes: A Growing Epidemic

Monday, May 25th, 2009

Insulin resistance affects over 60 million Americans. Type 2 Diabetes will occur in one out of four of these people.

Insulin resistance occurs when the body fails to respond in a proper way to the insulin that the pancreas is already producing. The cells throughout the body become resistant to the insulin manufactured by the pancreas, making it more difficult for the glucose (sugar) to enter the cells, thereby causing elevated glucose levels in the bloodstream. Researchers have not yet discovered the cause of Type 2 Diabetes or of insulin resistance.

Risk Factors for Type 2 Diabetes: :

-Family History of Diabetes

-Obesity

-Physical Inactivity

-Older Age

-Race (Especially Black, Hispanic, and American Indian)

Type 2 Diabetes Symptoms:

-Excessive Thirst

-Excessive Urination

-Excessive Hunger

-Unexplained Weight Loss

-Slow Healing Sores

-Dry and Itchy Skin

-Loss of Feeling in the Feet

-Tingling in the Feet

-Blurry Vision

Type 2 Diabetes is associated with increased risk for :

-Heart Disease

-Stroke

-Kidney Disease

-Blindness

-Limb Amputation

The World Health Organization stated that there is an apparent epidemic of Type 2 Diabetes that is strongly related to lifestyle and economic change. Over the next decade the projected number of diabetics will exceed 200 million, possibly reaching 250 million. This means that you or someone you care about may already have Type 2 Diabetes.

You may be developing Type 2 Diabetes if you are :

-Aging

-Eating an unhealthy diet

-Living a non-active lifestyle

-Overweight.

Type 2 Diabetes can occur at any age. Early detection and intervention are essential to the control and prevention of complications.

Nicholas Messina M.D. - EzineArticles Expert Author

Dr. Messina became a Board Certified Family Practitioner in 1985. He was in solo practice until 1994.He then helped form a group Family Practice in which he served as Vice President.He left group practice in 1997 and became the Medical Director of a Wellness Center. He was responsible for coordinating the efforts of nutritionists, acupuncturists, massage therapists, exercise physiologists, and Chinese medicine practitioners into integrated medical care plans that were individualized to the patient.He became the Medical Director of an independent clinical research facility in 2000. He has been the Principal Investigator in over 50 clinical trials involving osteoarthritis, diabetes, hypertension, hypercholesterolemia, chronic pain, depression, anxiety, dry eye, migraine, and diabetes prevention.He has served as consultant to a nutritional company, and has formulated nutritional supplements.

Visit Dr. Messina’s website at:

http://Physicianformulated.com/

Tip for Passing a Weed Drug Test

Monday, May 25th, 2009

Tip For Passing A Weed Drug Test

Drug screen has become a popular phenomenon around the globe. Some societies execute drug exams on freshly hired individuals or active employees to ensure a drug-free surrounding at workplace.

Insurance offices and courts direct drug tests on a frequent basis on distrusted individuals. The essential query that comes to your brain, when you go for some trial is how to beat any drug screen?

Online websites such as Trick To Passing A Drug Test offers up the most advanced cleansing products including perm cleaners, synthetic weewee products, and saliva purifying products, detox drinks and home drug essay kits.

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Passing The Drug Test provides master support for every item, with support allowed by drug test persons who are extremely knowledgeable with another types of drug testing ways and effects. Support is available by electronic mail and telephone. Shipping is instantaneous, with complete secrecy assured, using plainly and discrete packaging materials to maintain absolute customer privateness.

Cheap Ways To Pass A Drug Test

Involved on the new web site is a whopping order of products for cleansing and examining intents. Permanent cleansers are provided in 3, 5 and 7, 10, 14, 21 and 30 day systems, with a variety of herbs, roots, barks and minerals that are recognise lipoids destroyers which run to break down fat cells and do away with toxins altogether. Phoney weewee is provided, which contains all ingredients usually incurred in weewee, specially balanced for pH with specific gravity, creatin and other piss features. A saliva cleansing mouthwash is offered will eliminate toxins from your mouth with simply 3 minutes of use. We provide a range of detox drinks, from each one carrying the most working herbs and fiber to help rid the body of toxins that may have gathered.

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Random Drug Testing Law

Random Drug Testing In The Workplace besides provides drug screening kits including saliva, hair and piss based tests to guarantee that detoxification efforts are effective. For more information, visit Random Drug Testing In The Workplace If you have any questions, please call us at: 866-665-7277

Exotic Car Rental Advice

Monday, May 25th, 2009

Exotic Car Rental Partitioning

Renting an exotic car isn’t an easy decision to partake in. If you have a passion for motorcars, then more than likely you’d have a level of interest in an exotic car rental. Amazing, exotic car rentals are a luxury not available to anyone. Cost is the decisive factor, of course, and this is where renting an exotic car comes into play. Spending this kind of money will wake up anyone, even those who have to use a CPAP sleep apnea machine.

A possible roadblock in your quest to rent an exotic car is the true rental cost itself. Anticipate to spend anywhere from a few hundred dollars to a couple thousand per day. Hardly chump change, I know, but let’s break this down a little bit. The example exotic car shall be Ferrari F430, a premier exotic with arguably the best ancestry in automotive history.

A brand new Ferrari F430 costs a good $200,000; maybe about $30-40k less for a used earlier model. So, lets say the monthly car note is $1500-2000. Again, expensive as hell for 99% of the population. Peculiarly, this is the same amount of cash you’d expect to spend for a single day’s rental! If after you factor in the cost of buying a Ferrari outright from a dealer to renting it from an exotic car rental firm, the price comes out to be fair by most accounts.

I suggest saving up your money, and indulging in an exotic car rental at least once–birthdays are good–just to experience it. After renting a bunch of cars a few times, I can tell you renting an car of this order of magnitude is well worth the cost of admission. It’s like getting Botox without the lasting dedication: a Botox alternatives to the real thing, in other words.

The Benefits and Disadvantages of Val D’Isere in the Alps

Friday, May 22nd, 2009

One of Europe’s most famed snowboarding resorts for luxury ski holidays, Val d’Isre features 291 kilometres of groomed pistes. The season commences during Nov and closes in mid May. The high altitude resort supplies everything for you. The town extends through the valley from La Daille until Le Fornet with the focus and the apres ski in the centre Val d’Isere itself. This cluster of pretty buildings comprise chic shops nearly all of which have arisen since the resort was voted for the Winter Olympics.

Broken into 3 different parts the town has enough runs for all levels. It has a cracking snow record, the area is massively fashionable amongst advanced skiers and boarders and piste hungry intermediates, however you don’t have to be especially brave to enjoy what’s there. It is easy to why umpteen Brits are pulled in to the town, with its crazy nightlife and the range of amusement on offer, furthermore the proximity of Tignes enables you to head out to quieter areas if it all gets too much.



Pros


A good night-life in France. Everyone understands English. Comfortable access to both Val d’Isre and Tignes known collectively as the the Espace Killy skiing area. It has lots of vehicles and whilst there are frequent buses during the day, dedicated apres skiers had better head to be within a short walking distance from the town centre.



Cons


Pricy. Hectic and very popular with English tourists, so not for people seeking a classic French resort to relish a stress free skiing holiday. A lot of lifts can shut in windy conditions. Some hard blue and green pistes.

The Secret to Keeping your Budget on Track

Friday, May 22nd, 2009

“Don’t find fault; find a remedy.” — Henry Ford

B-u-d-g-e-t. The very word can cause us to tremble in our new boots! But a hard-working soul need not fear — there’s a simple way to win the battle of the budget. It’s great fun, and what better time to get started! So what’s the secret?

*** Build Some Rewards and Fun Into Your Budget! ***

Think this tip is too simple to be effective? Consider the last time you blew your budget. You were probably zipping along just fine. Life was great. A month later, you slipped up just a bit. Two months later — boom! Your budget’s blown, big time. How long did it take you to get back on track after that?

Think back on your most recent project. Was there a reward waiting for you after completion? If not, did you feel as if the project took forever, with no light at the end of the tunnel? Your rewards will serve as a mini-light at the end of your tunnel.

How to Set Up Your Goodies List

Here’s where the fun starts. Your Goodies List will be your own personal list of rewards, fun, or items you’d like to buy or do. Jot down some things that excite you, things you can look forward to. Why? Because there’s no budget on the earth that will work if you have no motivation to keep going.

How to Use Your Goodies List to Motivate You

For every month (or week) you’re able to stay on track with your budget, reward yourself with one item from your Goodies List. Keep your reward in a range you can easily afford (just make sure it’s enough to motivate you.) Try $40 or less for a monthly reward. For weekly, try $10. Even $5 can energize you.

In the past, you might have felt as if you were ‘giving up’ things to stay on track. You’ll find that you’re not giving up anything at all. You’re simply targeting the things you really want or need, and rewarding yourself for not making those budget-blowing purchases. It’s easy to burn out or feel deprived if there’s nothing to show for your hard work.

Affordable Suggestions for Your Goodies List

** Longing to change the colors in your bathroom? Try:

  • A towel to match your new color scheme.

  • A can of paint

  • A new shower curtain

  • A new rug

** Dreaming of taking up writing? How about:

  • A course on writing

  • A book on writing a best seller

  • Paper, pens, resources, software for writers

  • A new writing area in your home

** Yearning for fancy new tires for your hot rod? Try:

  • For each month/week you stay on track, write yourself a check for your reward amount and tuck it into an envelope.

  • When you’ve saved up enough to purchase one tire, go shopping! Write one check for the tires, then destroy the other checks. Update your checkbook, making up any small difference.

  • Buy your tires one at a time as you ‘earn’ them. If there’s a huge discount for buying more than one at a time, simply keep saving your checks until you can buy more than one (only do this if you can stay motivated.)

** Simply want to feel more secure? If money itself will motivate you, consider this:

  • Write yourself a check as your reward instead. Use it to open a savings account. Name your account, writing the name on the cover of a pocket notebook.

  • Carry it in your pocket or purse, tracking every deposit you make in this notebook. Keep your balance up to date.

  • Make it a big deal (it is, you know).

So, how motivating is that? Keep in mind, your rewards are not just for keeping your budget on track. Use your Goodies List to help you ward off procrastination and keep you energized to complete your projects (even those dreaded chores).

Now, tweak your plan until you’ve got it working for you. Go ahead — get started today!

About The Author

Darlene Arechederra offers simple, unique strategies to help others move from spending to saving. She believes the trick is to discover which ideas work best for each person – because their money isn’t one-size-fits-all. Darlene encourages others to discover their *own* unique strategies for saving money! Sign up today for free newsletter: http://www.RatRaceRemedies.com

Dar@RatRaceRemedies.com

Will Spot Uranium Prices Reach $100/pound?

Friday, May 22nd, 2009

Energy guru Bill Powers focuses on investment opportunities in the Canadian energy sector, mainly independent oil & gas companies and now uranium companies. We talked with him and he thinks uranium could reach $100/pound this decade.

Interviewer:
A lot of newsletters cover oil and gas, but you picked uranium, which hardly anyone was covering until recently?

Bill Powers:

I feel the uranium market right now is the world’s most unbalanced commodity market. In a sense, the world, through the nuclear power industry, consumes approximately 172 million pounds of uranium per year, and the world only produces about 92 million pounds of uranium per year. The supply deficit is made up through above-ground inventories, which are being worked down pretty quickly. Those numbers were supplied by Uranium Information Center. A lot of my information comes from the U.S. Department of Energy (DOE) or the Nuclear Regulatory Commission. For example, I discovered from them that the U.S. produced, through the 1980s, about 43.7 million pounds of uranium. And by 2002, the U.S. only produced about 2.34 million pounds of uranium.

Interviewer:
Where is uranium being produced in the United States?

Bill Powers:
Wyoming. There is also a uranium facility in Nebraska. I think there are two in-situ leach plants in Wyoming and another one in Nebraska. There are a couple of phosphate farmers in Florida who produce uranium. I believe there is a facility in Texas that also produces uranium. For the most part, the uranium industry in New Mexico has just about been wiped out. The very low prices that we’ve seen, for about twenty years, have pretty much wiped out the entire U.S. uranium industry. To go from over 43 million pounds to less than 2.5 million pounds, it has really only allowed the most productive, highest margin and most efficient mines in the country to continue operating in that environment.

Interviewer:
So that makes the U.S. a net importer of uranium?

Bill Powers:
Absolutely. According to the DOE, US imports have gone from 3.6 million pounds per year in 1980 to 52.7 million pounds per year in 2002. A lot of it comes from Canada, but a significant amount is coming from the Russians, through a program called HEU (highly enriched uranium): the megatons to megawatts program. It’s where the United States Enrichment Corporation, as well as its partner in Russia, took highly enriched uranium and broke it down into lower grade uranium that could be marketed to nuclear power companies throughout North America and around the world. This has been one of the reasons we’ve had lower prices. All of this uranium has cluttered the market the past few years. And the US Enrichment Corporation has a lot to do with why we’ve seen low uranium prices here in the States. I had a conversation with them about the fact that since 1998, when they became a public company (after being a company that was owned by the U.S. government), their long-term inventories of uranium had declined. When they became a private corporation, the U.S. government gave them 7,000 tons of enriched uranium and 50 tons of highly enriched uranium. They have been selling about 6 million pounds of uranium into the marketplace every year since 1998. According to my conversation with them, they have about three to four more years of selling. It’s because the US Enrichment Corporation wants to get out of the uranium storage business, and they want to be in the processing business.

Interviewer:
How long will it be, do you think, before USEC is going to stop being a factor on the selling price pressure of uranium?

Bill Powers:
I would probably say in about three years. For the uranium they are now selling, the cost of the uranium to them was zero. This has really made that company look very profitable. They are selling about $100 million worth of uranium every year, and they intend to do this at no matter what price. This is an extremely bullish scenario right now because uranium prices have touched twenty-year highs, despite the fact that USEC is dumping more than three percent of the world’s uranium consumption onto the market place. When this dries up, we should see markedly higher uranium prices.

Interviewer:
How high is high when you say that?

Bill Powers:
I would say up to $100 per pound. Before the end of this decade, uranium will probably be $100/pound. The Russians are going to be holding back some of their output from the megatons to megawatts project. Their (the Russian) uranium is going to be needed for internal consumption. Russia has a growing nuclear power industry. They need to have uranium supplies available. They’re not going to be selling as much as they had in previous years. It appears it is going to be very important to factor in reduced Russian supplies as well as when USEC gets out of the business.

Interviewer:
How can a sophisticated investor benefit from uranium’s rising price?

Bill Powers:
The most leveraged investments are the Canadian juniors. I believe Cameco (NYSE: CCJ) has other businesses out of uranium exploration and production, and it is a very safe way to play uranium. But I think there are far better opportunities out there. One of my favorite companies is Strathmore Minerals (TSX-V: STM; Other OTC: STHJF). I really like their business model of acquiring a great deal of very prospective uranium properties at bargain basement prices. They’re able to do this because, right now, uranium has gone through a twenty-year depression. The prices for some of these pretty far advanced projects are very cheap. I think they are well leveraged for that. Another safe way to play uranium is Denison Mines (TSX: DEN). They produce about 1.3 million pounds per year. They have properties are in McLean Lake, Saskatchewan, which is part of the Athabasca Basin. What I like about them is they are able to use their cash flow from their existing production to further expand some of their properties. With UEX Corporation (TSX: UEX), Cameco was the shareholder. UEX was founded several years ago with Pioneer Minerals. Both of the companies put in properties. It’s look like they are rapidly advancing some of their properties in Athabasca. I believe they have about eleven properties they have an interest in.

Interviewer:
What about other energy factors, such as crude oil, and what do you see happening there?

Bill Powers:
I would say crude oil is heading much higher. We have reached the worldwide production peak of crude oil, or we are very close to it. This is not very well recognized. As demand continues to rise, and world production starts a downward slope, we’re heading for much higher crude oil prices. I see much higher prices later this decade, if nothing goes wrong. What I mean by that is the natural market equilibrium price of crude oil should be $50 within the next eighteen months. And probably over $100 by the end of this decade if nothing goes dramatically wrong. That would come from the natural decline of existing reservoirs, limited new discoveries, and increasing demand. However, if a country, such as Saudi Arabia, were to have a regime change…..

Interviewer:
Are you looking for a regime change in Saudi Arabia?

Bill Powers:
Yes, there is a body of evidence that supports this. Terrorist incidents are becoming more violent and closer together in Saudi Arabia. Right now, we’re seeing those attacks targeted to the oil workers. I believe it will not be too long before those attacks are focused more on the royal family. I believe that will be the next stage in Saudi Arabia. There’s a very good chance, which history supports, is when there are sudden regime changes in oil-exporting countries, oil exports from those countries drop significantly. Regardless of what were to happen, as far as the political situation, a lot of their fields, especially Ghawar, which is the biggest oilfield in the world – it produces between 4 and 4.5 million barrels per day – there is evidence that this field could decline relatively soon. Saudi-Aramco has been injecting substantial amounts of water into injection wells to push the keep production flat What this has done is it keeps production flat, but it’s sort of an illusionary fountain of youth. If you keep injecting water, the amount of water you produce, along with the oil, continues to rise. As the water cut continues to increase, the amount of oil produced can fall dramatically. If that were to happen, if Ghawar were to go into a permanent and irreversible decline – well, it could happen relatively quickly.

There are other fields in the Middle East, such as Yibal in Oman, where they had a lot of water flooding and horizontal well drilling. Yibal has gone from 250,000 barrels per day in the late 1990s to about 80,000 barrels per day now. If we were to get that type of decline in Ghawar, the world is going to be seeing higher prices just on that. Right now, there is not any excess oil production supply anywhere in the world. A relatively small reduction in availability of supply will lead to an exponentially higher oil price.

James Finch contributes to StockInterview.com and other publications. His archived articles and interviews can be found at http://www.stockinterview.com You can contact James Finch by email: jfinch@stockinterview.com