Fundamental Archives - TODAY INDIA

Fundamental Questions to Ask Pertaining to a Surprise Intellectual Property Invoice

Make sure you ask basic inquiries any time that you receive a letter requesting money via a questionable source relating to a trademark application.

Through asking most of these queries, you could guard your business from being ripped off. For those who are not sure with regards to whether or not the mail you get with regard to your trademark application comes from a certified government organization, you really should consult with an authority in a timely manner prior to going forward.

The usual inquiries you should always ask prior to giving an answer to an unexpected correspondence are what’s the letter for, who is this statement or invoice received from, the actual reason why I’m receiving this specific letter, along with precisely where may my response go back to. By just understanding the details to many of these considerations, you can steer clear of the dilemma of paying currency to somebody, only to discover that you’ve been totally ripped off.

While deciding with certainty if a TM application request for money may perhaps happen to be another scam, a starting question is: What exactly is the communication pertaining to? In what way does the text or facts offered within the document inform you what it is designed for plus precisely what service plan is being offered? Checking out a few solicitation mailing, it is clear that the only place that the service will probably be defined is inside the fine print, which is where the statement claims you really consent to listing or maybe subscribing to a service that’s not truly required. In case a service is normally valuable, then that solicitation must have a clear point pertaining to it’s value to you in the leading content material. Why bury important information in the fine print, if the service is actually worthwhile. Ask, what exactly is the system being sold? What is it regarding? Exactly who really ought to utilize it? Might it be necessary? Assuming these kinds of basic questions are generally not clarified, then the service doubtless features minimal, if no, benefit.

Before delivering funds to a company by responding to an unwanted correspondence, everyone should first question who is the responsible company. You don’t really want to wind up getting deceived in transferring dollars to a con-artist. Who is the particular request coming from? When an individual requests your dollars, you should know them. Make it a rule of thumb to never deliver dollars to some enterprise and / or nonprofit except for when your firm has sought that company in the first place. This specific basic rule protects consumers from being duped by fake solicitations together with stress. Should an entity investigates a solicitation from an entity and really does not fully understand who these folks really are, then do more study. Your company could uncover a dishonest establishment associated with the notice which your enterprise has received. Look for respectable sources of information and facts concerning the particular corporation demanding your company obligation. Whenever you obtain a solicitation for funds from an unknown source, a person ought to first check the particular identity of the actual provider before supplying them your own money.

Addressing the above inquiries carefully should really stop you from making errant judgments along the route to trademark application together with enhanced protection. At the same time, continue to be conscious that the trademark and service mark application record maintained with the US Patent and Trademark Office will be public and can easily end up being searched and amassed by some to be able to give you invitations to items and programs, as well as annoying rip-offs. That fact that trademark creators do not at all times fully realize trademark laws and are usually always involved in conserving their particular trademark, developing the company and generating currency can lead to prospect for some to prey upon the small business.

So, organizations may continue to make use of the U.S.P.T.O. list of registrants to send out invoices to your business any time you file a trademark application for a brand. Keep in mind these kind of third-party demands for the purpose of overseas listing of your mark, tracking your trademark or service mark, supplying you with a certificate for the decoration. Commonly you don’t have to list your company’s trademark application anyplace aside from the government maintained list. Accordingly, examine your behavior diligently ahead of listing your own trademark application by using a business like for example a global provider.

Stock Option Trading – Fundamental Flaw in Fundamental Analysis and Stock Picking

Clinging on to Fundamental Analysis and stock picking software, only keeps you stuck in trading equities. Trading this way, compounds concentration risk in one asset class and fails to adequately diversify risks across Equities, Bonds, Currencies and Commodities. There’s much more to stock option trading, than stock itself.

I cite Benjamin F. King’s study, quoted repeatedly since 1966, because it remains valid and has yet to be disproved to the point of dismissing its logic.

Market and Industry Factors, Journal of Business, January 1966: ” Of a stock’s move …

31% can be attributed to the general stock market,
13% to industry influence,
36% to influence of other groupings, and the remaining
20% is peculiar to the one stock.”

There must be a more compelling reason for you to trade stock other than just for the movement, if only 20% is unique to the underlying equity in question. Consider this, in context of the Fundamental Analysis or stock picking software that you bought on a per $1 basis. For each $1 dollar you spend, you “outsourced” the analysis at a cost of 80 cents, only to receive back 20 cents worth of work. Shouldn’t the 80:20 rule of “outsourcing” be the other way round? The problem is that you are still stuck with 80% of the work, to analyze price movement! Plus, the more you use FA techniques/stock picking software, the more trading capital is stuck in equities alone.

Now, you can say “special” research papers help you pick stocks. Let’s have a look at some of the more common fundamental metrics in these research subscriptions:

1. Dividend Yield: the problem is in the variability of yields as firms are in different stages of their business development. A Mature company that dominates in a well established sub-segment/sector is going to being able to afford a different dividend yield; versus, a Young company in a growth-oriented field; versus, a Small firm in a growing area that may not be able to afford a dividend payout. Bear in mind there is nothing special about firms that pay a dividend.

A company that gives away a portion of it’s retained earnings – which is what a dividend is – effectively gives away part of its valuation, which means it is not worth as much as a company that does need to give investors candy to commit capital to it. So, a dividend paying stock has to be far superior to a non-dividend paying stock for reasons other than the dividend. If it is not, there’s no point looking for dividend paying products to trade, there are plenty of non-dividend paying Indexes to trade.

2. Price/Book Ratio: the problem is this metric varies across industries and from company to company, as the asset base and capital structures of companies change over time. It lacks cross sector applicability and accounting complexity arises from a firm’s capital structure as it changes due to acquisitions/divestments/CAPEX for new product lines; or, product line cut-backs, as recently seen in the restructuring of major US car companies.

3. Price/Cash Flow Ratio (the cousin of the P/E): accounting laws on depreciation vary across Asia, Europe and US. As accounting rules are driven by tax codes, which change considerably across regions despite adoption of global accounting standards, there is a lack of uniformity in homogenizing a fundamental ratio that will fit as a common benchmark across geographies.

These metrics fail to help you compare say a Dell parented in the US to an Acer parented in Taiwan; but, is listed as an ADR in the US, even though both are competitors in the same sector as computer manufacturers.

Furthermore, the current dislocated cost of capital in credit markets, impairs the ability of corporations to optimize the operating cost of their balance sheets. In essence, corporations are left with the working capital cash flows remaining on their balance sheets, as testament to their financial strength. Do not waste your money on Fundamental Analysis software or research paper subscriptions.

As there is a fundamental flaw in fundamental analysis and stock picking, how do you select trades? Trade the options of a broad-based Equity Index to replace single stock exposure. To replace Fundamental Analysis, use the Relative Strength measure based on Point & Figure methods.

What is Relative Strength? It is nothing more than taking one price as the Numerator, divided by another price as the Denominator, then multiplied by 100. RS = (Price 1 / Price 2) x 100. Typically, RS calculations use daily closing prices. Though simple in its mathematical construction, RS is ingeniously powerful when it is applied not only within a sector; but, across sectors and between asset classes.

Let’s start of within a sector. For example, if you choose 2 semiconductor stocks trading at different prices, how do you know if one stock is outperforming the other in the same sector, when the 2 stocks have price changes at different rates; plus, the sector’s price itself is also changing?

SOX = Semiconductor Sector Index, trades up from 452.24 to 467.81.

Numerator1: Price1 = BRCM 33.15     RS1 = 7.33     Price2 = 33.80     RS2 = 7.23

Numerator2: Price1 = TSM 9.91      RS1 = 2.19      Price2 = 13.43    RS2 = 2.87

Common Denominator: SOX Price 1 = 452.24   Price 2 = 467.81

BRCM’s RS1 = (33.15/452.24) x 100 = 7.33. BRCM’s RS2 = (33.80/467.81) x 100 = 7.23.

TSM’s RS1 = (9.91/452.24) x 100 = 2.19. TSM’s RS2 = (13.43/467.81) x 100 = 2.87.

BRCM’s price rises from 33.15 to 33.80 and TSM’s price also rises from 9.91 to 13.43. Simply because BRCM is a larger stock, does that mean it benefits from the SOX trading up? No, the RS reading (RS1 compared to RS2) shows BRCM’s RS reading dropped (7.33 down to 7.23) against TSM’s RS reading, which increased (2.19 to 2.87). RS confirms TSM as the outperformer rising in price strength versus BRCM’s weakened price. RS is constructed on pure price rules. Using an Index as the denominator, acts as a much more durable benchmark and is structurally more reliable, compared to any “magical” TA indicator; or, combination of income statements, balance sheets and cash flow statements touted in stock picking programmes.

You can replace BRCM or TSM with Indexes or ETFs. Using Indexes with Relative Strength enables a common denominator to compare Equities against Bonds, Commodities and Currencies, to crossover into asset classes other than stocks to trade. It’s not that Relative Strength is infallible. But compared to the fundamental metrics cited above, Relative Strength fails the least. Break the mould on what you learnt about stock option trading.

Is there an example of an optionable and consistently profitable portfolio that trades using Relative Strength across multiple asset classes? Yes. Follow the link below, entitled “Consistent Results” to see a retail online option trading portfolio that excludes the use of single stocks and Fundamental Analysis, using broad based equity Indices, Commodity ETFs and Currency ETFs. There is no need to trade FX directly. Just trade the options of Currency ETFs.

How to Create Your Online Business – 5 Fundamental Steps

If you are eager to set your online business and establish a great presence on the net, start from the ground level and have your checklist ready. You want to create a successful business, so in order to make money online you need to put your eye for the detail at work and plan all the steps carefully. It is worth to spend time planning properly so you can launch a great site for your customers. Happy customers mean loyal visitors which will definitely buy again over time from you and this is what you want.

You will find bellow a succinct information about some of the essential steps you should take to ensure that you offer a great site to the world.

1.) Buy a domain name.

Try to choose a name that easily suggests people the type of your business. You can even use hyphens in the name if you want, the search engines will not penalize you for doing that. Say you want to offer supplements for pets for sale on your site. Your first choice would be petsupplements.com, but the registrar tells you that this name is already taken. Therefore you can try to register pet-supplements.com and find it available. Some people find hyphens very useful because the name becomes easily read. I recommend you to check out a good domain registrar with affordable prices and who offers coupons that you can redeem to get discounts when you buy a new domain name from them.

2.) Find a reliable web host.

Many offer web hosting, but I found out that many times they tend to be overpriced. Even the registrar of your domain name can offer packages including web hosting, but don’t sign up until you had searched all the available options. Find a great web hosting company which offers the best price for what you get and start by buying the cheapest package; if your business expands and you reach your traffic quota, simply upgrade to the next package offered by the web hosting company. Do not forget to check for coupons and use them when you purchase the package that suits your needs.

3.) Design a great website yourself or with the help of professionals.

The first impression your customers get is the most powerful and may decide their coming back to your site or not. Do not stuff it up from the beginning.

4.) Who represents your business?

People like to do business with people. If you personalize your website by adding your photo to the contact page, it will not hurt anybody, on the contrary, you give a face to your business and this will give more confidence to the visitors to deal with you.

5.) Create good About Us, Contact Us and Terms of Service pages.

These kind of pages are very important for your business. Take the time to create easy to understand content for them and display the contact options for your customers, such as your phone number, a fax number, email or ticket system, you name it. Such information should give you enough reasons to feel confident in your ability of creating a good website without having to spend a fortune. If your business idea or product is great and you present it to the world from a tidy website, your endeavors will be re-paid with the money that you deserve.