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Pace of Retrenchments Eases but U.S. Unemployment Rose to 8.9%

Written by Dennis Ng on .

THE pace of layoffs slowed in April when employers cut 539,000 jobs, the fewest in six months. But the unemployment rate climbed to 8.9 per cent, the highest since late 1983, as many businesses remain wary of hiring given all the economic uncertainties.

The Labor Department tally released yesterday wasn't nearly as deep as the 620,000 job cuts that economists were expecting, and was helped by a burst of government hiring. The rise in the unemployment rate from 8.5 per cent in March matched economists' forecasts.

"How to Save & Accumulate One Million Dollars" Seminar, back by popular request...

Written by Dennis Ng on .

The Response was overwhelming....ALL the seats for Both the First Seminar on 23 May 2009 (Sat) and the 2nd Session on 30 May 2009 (Sat) are fully taken up...by popular request, we have arranged for a 3rd Session on 27 Jun 2009 (Sat)...details below..

How to Save and Accumulate One Million Dollars – 1 full-day Seminar!

Never has there been a seminar like this.

Never has someone unveiled the secrets of how an average person can achieve his first million dollars without starting a business; without spending lots of time monitoring the stock markets; without paying thousands of dollars for “Stock/Option Trading Software”……

P.S. This is Not a course that teach you how to Get Rich Quick. This is a course that will give you the solid foundation to possibly make One Million Dollars by saving and investing…

This is NOT a stock trading seminar; This is NOT an internet marketing seminar; This is NOT an Option Trading Seminar; This is NOT a Forex Trading Seminar.

I made over 200% from CITIGROUP Shares, over 108% from Bank Of America...

Written by Dennis Ng on .

Be Greedy when Others are Fearful, Be Fearful when Others are Greedy.

These are wise words from Warren Buffett, the Richest Investor in the whole world.

A few months ago, when there was alot of uncertainties, I decided to buy some shares in 2 U.S. Banks, I only bought these 2 banks becos they were already announced to be 2 of the 9 Banks U.S. Government will support to ensure that they don't fail.

I bought CITIGROUP (at average cost of US$1.30) and Bank of America (at average cost of US$6.98)......to me, it was quite unbelieveable to be able to buy CITIGROUP shares (its Global brand name already worth billions of dollars) at a price cheaper than a Mcdonald's Big Mac in U.S....