State of unemployment

The state of unemployment is one of the most dehumanizing situation a person could ever be in,because it hinders your inherent ability to contribute to the growth of the society. In this way,unemployment is not just an economic problem but a social problem. You tend to disconnect from social interactions if you have no further description of yourself beyond your name. To work,is to contribute to society. Work is the signature of personal creativity. However,navigating today's economic terrain can be very challenging without adequate information as a support system for direction. The situation is more pitiable in developing countries where the problem of unemployment,redundancy and career stagnation has almost become an epidemic. I am posting these articles to help you overcome the limitations of getting a job and making advancements in your career. The information contained in this blog will provide a valuable reference material for all those seeking employment in a competitive enviroment. IT IS MY EARNEST DESIRE THAT THIS BLOG WILL HELP YOU MAKE LIFE CHANGING DECISIONS AND SPUR YOU TO ACTION.

NOW I WHICH TO AMPLIFY THE VOICE OF MY MENTOR 'PASTOR SOLA OLUBODE' on job search and your career

A PRACTICAL SOLUTION TO UNEMPLOYMENT AND CAREER STAGNATION IN A COMPETITIVE ENVIRONMENT.Have you been rejected at job search after many attempts? Do you already feel like giving up becaus of several disappointments and unfulfilled promises? Perhaps you need to read following story before you make your conclusion. Failed in business at the age of 22. Ran for legislature and failed age 23. Again failed in business age 24. Sweetheart died age 26. Had a nervous breakdown age 27. Defeated for Speaker age 29. Defeated for Elector age 31. Defeated for Congress age 34. Defeated for Congress again age 39. Defeated for senate age 46. Defeated for Vice President age 47. Defeated for Senate again age 49. Elected As President of the United States age 51. That's the story of Abraham Lincoln, one of the most distinguished Presidents of the United States of America. Now,what do you think? It's obvious that quitters don't win and winners don't quit. More important is the fact that the same level of knowledge at which they were created. The problem of unemployment can be effectively tackled through wise planning and the acquisition of appropriate knowledge that will put you on top. "The leap from misery to mastery in life will require superior knowledge"PASTOR SOLA OLUBODE.

BookReview

Rich Dad,Poor Dad. I had two fathers,a rich and a poor one. One was highly educated and intelligent; he had a ph.D. and completed four years of undergraduate work in less than two years . He then went on to Stanford University. The university of chicago,and Northwestern university to do his advanced studies, all on full financial scholarships. The other father never finished the eight grade. Both men were successful in their careers, working hard all their lives. Both earned substantial incomes. Yet one struggled financially all his life. The other would become one of the richest men in Hawaii. One died leaving tens of millions of dollars to his family, charity and his church. The other left bills to be paid.

Stock market

The stock market is where companies seeking long term funds to do business or to improve on their services and operations,build new factories and all that;source for money. It is also where investors sink their money in order for it to bring return to them.Therefore,the stock market becomes a ready instrument referred to as the stock exchange.In stock investment,you are not giving somebody money for business,but you are putting your money in an already existing business monitored by proven agencies,that give you the advantage of studying the business critically before investing your money. THE RIGHT ISSUE The right issue is the sale of company shares to existing shareholders at a price lower than the current market price.The advantage here is the ability to buy at lower than the current market price.It is the exclusive right of the existing shareholders to buy such shares. COLLATERAL FOR LOAN Shareholders can use their physical certificates of share ownership or the statement of shareholdings as collateral to secure loans from banks and other financial institutions while still reaping the benefits and dividends.

Bonus/scripture issues

This is an additional share given to existing shareholders free of charge.It is normally allotted in proportion of the existing shareholding.so,it is popular to hear of one for one 1:1 or one for two i.e 1:2 or one for four i.e 1:4 etc. A one for one bonus declaration by a company means that for every unit share held previously by a shareholder will attract another unit to itself(free of charge).This means that shareholder who hold 10,000 unit of company "X" at the declaration of 1:1 bonus will now have 20,000 units of that company's shares.Thus,implies that one has a gain of 100% from one's investment excluding capital appreciation and dividend that one may be entitled to at same time.

Dividends

Dividend is part of a company's profit that is distributed to all the shareholders according to the proportion of their shares in the company in some countries, like Nigeria dividends are declared twice or once in a year by companies.In companies where dividends are declared twice,the first portion is normally referred to as a interim dividend while the latter one is referred to as final dividends.Most people only know about dividends as the only benefit obtained from investment in shares. HOWEVER,THIS IS THE LEAST ATTRACTIVE BENEFIT COMPARED TO BONUS AND CAPITAL APPRECIATION.

Financial literacy

Discipline will make a man living on monthly wage of $30 for instance to be able to save $3 every month.On the other hand,indiscipline will make somebody netting $800.00k monthly in the same economic and enviromental conditions to give excuses(why the money is not enough for him) let alone saving from it.Alas,if such man did not avert from his life of indiscipline he is heading towards blank and irking future. Thus,saving is fundamental and basic requirement one must adhere to before one can be sure of being ready for the world of investment. In the words of Dennis Waitley"A man that has not mastered how to spell a cat is not expected to spell catastrophe".That is obvious since no one can invest out of nothing.One needs to save or plan today so as to invest from what one has saved tomorrow.Most people,if they have anything left at all after paying their bills they think the best thing to do is to put the left over (money) in a savings account in the bank or into life insurance.Nobody would possibly quarrel with such prudent course because these forms of saving or investment are essential.Therefore we are left with the question:"HOW BEST CAN WE INVEST OUR HARD EARNED MONEY"?

PROTECT ACCOUNTS

Protect your accounts from scams.These scams have been directed at banks,charities,companies and organizations seeking payment on the fraudulent securities.They have even gone to the extent to have your debit or credit card number.Never give out your account informations for transaction to any scam site.Criminals may ask you for your bank account number and then withdraw money from your account by creating a demand draft or making an electronic transfer. Don't let yourself be pressured into "free trial offers".A victim would rather look like someone that went to the stream and fetched some water with a basket,so as before he got home could not see any drop of water left.

Payment not made

Checkout the complaints of victims of scam sites."Good day, I have registered with genuinemails.com and upgraded on 13 june 2010 I received a confirmation email that I am an upgraded member and will receive payment within 14 days.After 14 days nothing was paid to my paypal account" by louis van der westhuizen. Here is another victim of those scam sites"Though I have reached minimum payout as a free member,both of these sites(cashmails.org and payooclub.com) did not pay anything"by Anupchowdhury. This particular victim of those sites is a friend of mine monday23 got the minimum required for withdrawal and submitted a request.They sat on the request for several months and then they changed the rules,you have to upgrade now to get paid.

Accredition

There is a question you should ask yourself when you are refered to a ptc,ptr or ptp sites.Are these sites accredited? BBB(Better Business Bureau) has to be satisfied with those sites, and make sure that they honour their commitment.They have to uphold to BBB accredition standards,which include a commitment to act in accordance with ethical business practices and to respond to customer complaints. ANALYSIS OF CUSTOMER COMPLAINTS When there are complaints from customers,they must give attention and a proper consideration.