Friday, 18 May 2012

8 Steps to Investing in the Stock Market




A few weeks ago I wrote a couple of articles about what is, and how the business of the Stock Market.
I received very good reviews, but many of my readers requested more practical guidance and summary on how to proceed with investments.
So, I have prepared this list of 8 steps to invest in the stock market, I’m sure will be useful for those wishing to enter this field.
1. Research and documentation, about the subject before investing in the stock market. There are very good courses and online tutorials to help you.
2. Use a simulator for a while investments in the stock market. This allows you to measure your knowledge and investment skills in a safe environment without risking your money prior to it in reality.
3. Choose one of the Stock Market to invest, preferably in USA. The reason is simple: there are more resources available online and corridors for the region.
4. Select a broker. This is essential because the person or company was authorized to execute investment transactions. They will give you specific advice according to your choices as amounts, terms and investment options.
5. Look for companies with high potential for investment. This is probably the most important task of the process and also the most difficult because it needs to “soak up” or know enough about the field of business of the company.
6. Run your investment transactions. Whether you delegate your stock broker’s decision to seek the best options that you specify or directly where you want to invest, the next step is to actually execute the operation.
7. Proceed to the payment of commissions to your broker. After running a negotiation, your broker will automatically debit their fees according to the contract signed with them initially. You must clear the commission rate from the beginning as well as other possible charges for additional costs.
8. Monitor your investments. After running one or more negotiations, it is desirable to maintain an ongoing monitoring to determine the low and high in the companies where they have invested and make decisions about when you can agree to buy or sell.
Finally, and as I mentioned in previous posts, although you can expect to earn very good money as an investor in the stock market, as in any business is also important to be aware of the risk involved in an investment.
Have you entered this field? We love to hear your experience.

Financial Math Programming: A new course is born

A new course is born…

Financial Math Programming is a brand new course within MIF (Master in Finance) and MIAF (Master in Advanced Finance). Similar to the financial engineering computer-based ones in Carnegie Mellon and MIT.
The course introduces numerical methodologies and computer programming in order to solve complex financial problems.
At the end of this course, students will be proficient in Financial Excel, Visual Basic (Excel) and Octave-MatLab software.
Students will be able to include the knowledge of three software packages in their CVs which, as a result, will be very useful in order to show quantitative/programming skills to potencial financial employers: Investment Banks, Hedge Funds, etc.
All double sessions will take place in a computer laboratory.
Specific areas like Random number generation, MonteCarlo simulation, Matrices, Correlation calculations, Efficient portfolio theory or derivatives programming will be covered.
This knowledge will be greatly applied in many other courses like: Portfolio Management, Derivatives, Fixed Income, Fixed Income Derivatives, Hedge Funds, Value At Risk and many others.
In Spain many financial advisory firms like use MATLAB in order to value structured products and derivatives.

The design of an innovative lifeboat launcher presented a series of unusual challenges.

The design of an innovative lifeboat launcher presented a series of unusual challenges.
Manufacturing a vehicle that can launch an 18-tonne lifeboat in minutes and be fully submersed under 9m of water was always going to be a challenge. But after nine years of development, vehicle maker Supacat is getting ready to put the Royal National Lifeboat Institution’s (RNLI’s) Launch & Recovery System (L&RS) into production.
/t/d/w/28_30_Launcher_trials__23.jpg
Staying in control: the RNLI’s Launch and Recovery system is designed to carry the Shannon-class lifeboat to the water’s edge at various beach sites without requiring a launch jetty
The system comprises an automated hydraulic tractor and carriage in the familiar RNLI orange and blue, designed to carry the Shannon-class lifeboat to the water’s edge at beach sites without a launch jetty. Once a mission has been completed, the boat can be picked up from a beached position and turned around ready for relaunch within about five minutes.

Even for a company used to dealing with very specific requirements, Devon-based Supacat faced a particularly tricky set of issues it hadn’t tackled before in the L&RS, not least because the design was such an upgrade of the RNLI’s existing system. But with some inventive engineering and contributions from a largely British supply chain, the company was able to make this unique vehicle a practical reality.
/k/j/c/28_30_Launcher_trials__34.jpg
‘We started from a clean sheet of paper,’ said project chief engineer Simon Turner. ‘Not particularly experienced in handling boats but keen to lend our hand to anything we can that’s innovative, we came up with various solutions and after a while we focused on one in particular.’
Instead of using a distinct towed trailer like the old launcher, Supacat developed a four-track drive design where hydraulic motors power both the tractor and the rear carriage, which is connected by a pivoting swan neck and is mounted on a slewing bearing that allows 360º rotation.
‘We were trying to find a way of preventing us having to mimic the current system where the tractor has to disconnect from the trailer to recover the boat, because it extends the recovery time substantially, and there’s also a risk in doing that,’ said Turner. ‘[If there’s a problem reconnecting] then you’ve suddenly got an immobilised trailer, potentially with a boat half recovered that you can’t do anything with.’
/o/x/e/28_30_Launcher_trials__6.jpg
The solution was giving the carriage’s tracks permanent drive power but, owing to the vehicle’s articulation, this required a complex hydraulic system provided by Bosch Rexroth to control the movement of the rear tracks in response to those of the tractor (see box). ‘With an articulated vehicle, as you turn, all four sets of tracks rotate at a different speed because they’re each following a different radius,’ said Turner.
There was also a challenge in creating the rotating cradle on top of the carriage that enables the boat to launch and return bow first. This was seen as critical for the boat’s recovery time and allows the system to be operated with just two people (including the driver).
‘The technical challenge is being able to haul the boat into a position where everything is perfectly balanced,’ said Turner. ‘You’ve got a very large boat being spun around in mid-air and it needs to be safe for the crew and potential casualties on board when this is happening.’
/i/s/l/28_30_Launcher_trials__32.jpg
But perhaps the most all-encompassing issue was equipping the vehicle for the marine environment, enabling it to stand up not only to the pounding waves but to complete submersion - just in case it becomes stuck in the sand and the tide comes in. This involved keeping the water out of part of the vehicle while enabling other components to function when wet. ‘Certainly from the point of the cab and the engine bay, it’s very important to keep the water out because there are some very expensive, complex systems in there,’ said Turner. ‘As for the rest of the main structures, they’re either completely sealed from the environment or completely open to it so the water can wash in and wash out again.’
This was a key area where Supacat made use of its suppliers, many of whom came from the coastal south-west part of England. ‘Where possible we have used suppliers that have experience of the [marine] environment,’ said Turner. ‘Where they haven’t, we’ve introduced them to our knowledge and experiences. Paint and corrosion protection systems are key on this, particularly as it’s going to be in service for up to 50 years.’
One of the key suppliers in this area was Portland-based Perryfields, which provided a painted corrosion protection system for some of the vehicle’s steel parts. It used a zinc spray followed by a polyurethane paint to provide an attractive finish with strong corrosion resistance on parts of the structure that were too large or too intricate to be galvanised.
Much of the high level of marinisation was introduced as the vehicle went from a prototype to the pre-production standard model that Supacat has today. The original version used an off-the-shelf track system provided by a US company as a way of showing how rubber tracks would work to disperse the 50-tonne weight of the fully loaded vehicle. When the company’s owner retired, Supacat bought the rights to the design and made it suitable for a marine environment to ensure low maintenance.
The wheels were also redesigned to reduce maintenance, replacing oil-filled hubs and tyres with single-piece rubber mouldings provided by Gloucestershire-based Custom Moulded Polyurethane (CMP). ‘We’re using [polyurethane] as much as we can for longevity, lower maintenance and reduction in cost,’ said Turner. ‘It’s experience that [CMP] has had before with other track vehicles, and we’re learning from the company how to apply that to this application on a much bigger scale than it would be used to before.’
Changing material also allowed Supacat to improve the design of the tractor’s cab, working with the RNLI’s subsidiary SAR Composites. Replacing the previous steel frame with a composite version allowed the engineers to design the cab much more flexibly. ‘There’s no corrosion to worry about as such and it’s allowed us to have much bigger windows so that visibility and all-round awareness is increased no-end,’ said Turner.
The other major change was moving from a Mercedes V6 engine to power the hydraulic motors to a more powerful 331kW model provided by Scania (see box). This also meant altering the configuration of the engine bay to accommodate the taller, narrower engine. ‘We’ve had a lot of repackaging to do but we’ve ended up with a very nice, tidy engine installation as a result with good commonality of parts,’ said Turner.
Supacat has been contracted to manufacture four vehicles following final compatibility trials with the prototype Shannon lifeboat and the RNLI is hoping to commission a further 16. With luck, this uniquely British engineering project will be seen navigating some of the UK’s most demanding beaches from next year.

Supacat provides rescue remedy

The design of an innovative lifeboat launcher presented a series of unusual challenges.
Manufacturing a vehicle that can launch an 18-tonne lifeboat in minutes and be fully submersed under 9m of water was always going to be a challenge. But after nine years of development, vehicle maker Supacat is getting ready to put the Royal National Lifeboat Institution’s (RNLI’s) Launch & Recovery System (L&RS) into production.
/t/d/w/28_30_Launcher_trials__23.jpg
Staying in control: the RNLI’s Launch and Recovery system is designed to carry the Shannon-class lifeboat to the water’s edge at various beach sites without requiring a launch jetty
The system comprises an automated hydraulic tractor and carriage in the familiar RNLI orange and blue, designed to carry the Shannon-class lifeboat to the water’s edge at beach sites without a launch jetty. Once a mission has been completed, the boat can be picked up from a beached position and turned around ready for relaunch within about five minutes.

Even for a company used to dealing with very specific requirements, Devon-based Supacat faced a particularly tricky set of issues it hadn’t tackled before in the L&RS, not least because the design was such an upgrade of the RNLI’s existing system. But with some inventive engineering and contributions from a largely British supply chain, the company was able to make this unique vehicle a practical reality.
/k/j/c/28_30_Launcher_trials__34.jpg
‘We started from a clean sheet of paper,’ said project chief engineer Simon Turner. ‘Not particularly experienced in handling boats but keen to lend our hand to anything we can that’s innovative, we came up with various solutions and after a while we focused on one in particular.’
Instead of using a distinct towed trailer like the old launcher, Supacat developed a four-track drive design where hydraulic motors power both the tractor and the rear carriage, which is connected by a pivoting swan neck and is mounted on a slewing bearing that allows 360º rotation.
‘We were trying to find a way of preventing us having to mimic the current system where the tractor has to disconnect from the trailer to recover the boat, because it extends the recovery time substantially, and there’s also a risk in doing that,’ said Turner. ‘[If there’s a problem reconnecting] then you’ve suddenly got an immobilised trailer, potentially with a boat half recovered that you can’t do anything with.’
/o/x/e/28_30_Launcher_trials__6.jpg
The solution was giving the carriage’s tracks permanent drive power but, owing to the vehicle’s articulation, this required a complex hydraulic system provided by Bosch Rexroth to control the movement of the rear tracks in response to those of the tractor (see box). ‘With an articulated vehicle, as you turn, all four sets of tracks rotate at a different speed because they’re each following a different radius,’ said Turner.
There was also a challenge in creating the rotating cradle on top of the carriage that enables the boat to launch and return bow first. This was seen as critical for the boat’s recovery time and allows the system to be operated with just two people (including the driver).
‘The technical challenge is being able to haul the boat into a position where everything is perfectly balanced,’ said Turner. ‘You’ve got a very large boat being spun around in mid-air and it needs to be safe for the crew and potential casualties on board when this is happening.’
/i/s/l/28_30_Launcher_trials__32.jpg
But perhaps the most all-encompassing issue was equipping the vehicle for the marine environment, enabling it to stand up not only to the pounding waves but to complete submersion - just in case it becomes stuck in the sand and the tide comes in. This involved keeping the water out of part of the vehicle while enabling other components to function when wet. ‘Certainly from the point of the cab and the engine bay, it’s very important to keep the water out because there are some very expensive, complex systems in there,’ said Turner. ‘As for the rest of the main structures, they’re either completely sealed from the environment or completely open to it so the water can wash in and wash out again.’
This was a key area where Supacat made use of its suppliers, many of whom came from the coastal south-west part of England. ‘Where possible we have used suppliers that have experience of the [marine] environment,’ said Turner. ‘Where they haven’t, we’ve introduced them to our knowledge and experiences. Paint and corrosion protection systems are key on this, particularly as it’s going to be in service for up to 50 years.’
One of the key suppliers in this area was Portland-based Perryfields, which provided a painted corrosion protection system for some of the vehicle’s steel parts. It used a zinc spray followed by a polyurethane paint to provide an attractive finish with strong corrosion resistance on parts of the structure that were too large or too intricate to be galvanised.
Much of the high level of marinisation was introduced as the vehicle went from a prototype to the pre-production standard model that Supacat has today. The original version used an off-the-shelf track system provided by a US company as a way of showing how rubber tracks would work to disperse the 50-tonne weight of the fully loaded vehicle. When the company’s owner retired, Supacat bought the rights to the design and made it suitable for a marine environment to ensure low maintenance.
The wheels were also redesigned to reduce maintenance, replacing oil-filled hubs and tyres with single-piece rubber mouldings provided by Gloucestershire-based Custom Moulded Polyurethane (CMP). ‘We’re using [polyurethane] as much as we can for longevity, lower maintenance and reduction in cost,’ said Turner. ‘It’s experience that [CMP] has had before with other track vehicles, and we’re learning from the company how to apply that to this application on a much bigger scale than it would be used to before.’
Changing material also allowed Supacat to improve the design of the tractor’s cab, working with the RNLI’s subsidiary SAR Composites. Replacing the previous steel frame with a composite version allowed the engineers to design the cab much more flexibly. ‘There’s no corrosion to worry about as such and it’s allowed us to have much bigger windows so that visibility and all-round awareness is increased no-end,’ said Turner.
The other major change was moving from a Mercedes V6 engine to power the hydraulic motors to a more powerful 331kW model provided by Scania (see box). This also meant altering the configuration of the engine bay to accommodate the taller, narrower engine. ‘We’ve had a lot of repackaging to do but we’ve ended up with a very nice, tidy engine installation as a result with good commonality of parts,’ said Turner.
Supacat has been contracted to manufacture four vehicles following final compatibility trials with the prototype Shannon lifeboat and the RNLI is hoping to commission a further 16. With luck, this uniquely British engineering project will be seen navigating some of the UK’s most demanding beaches from next year.

Advance in graphene quantum dots benefits optoelectronics

Kansas State University researchers have made an advance in producing graphene quantum dots of controlled shape and size at large densities.
Vikas Berry, William H Honstead professor of chemical engineering, is said to have developed a process that uses a diamond knife to cleave graphite into graphite nanoblocks, which are precursors for graphene quantum dots. These nanoblocks are then exfoliated to produce ultra-small sheets of carbon atoms of controlled shape and size.
By controlling the size and shape, the researchers can control graphene’s properties over a wide range for varied applications, such as solar cells, electronics, optical dyes, biomarkers, composites and particulate systems. Their work has been published in Nature Communications.

‘The process produces large quantities of graphene quantum dots of controlled shape and size and we have conducted studies on their structural and electrical properties,’ Berry said in a statement.
While other researchers have been able to make quantum dots, Berry’s research team is claimed to make quantum dots with a controlled structure in large quantities, which may allow these optically active quantum dots to be used in solar cell and other optoelectronic applications.
‘There will be a wide range of applications of these quantum dots,’ Berry said. ‘We expect that the field of graphene quantum dots will evolve as a result of this work since this new material has great potential in several nanotechnologies.’
It has been known that because of the edge states and quantum confinement, the shape and size of graphene quantum dots dictate their electrical, optical, magnetic and chemical properties.
This work also shows proof of the opening of a band-gap in graphene nanoribbon films with a reduction in width. Furthermore, Berry’s team shows through high-resolution transmission electron micrographs and simulations that the edges of the produced structures are straight and relatively smooth.

A Quick Deal on Transport Bill? Don't Bet On It

House and Senate lawmakers have come to the negotiating table to begin talks aimed at producing a new surface-transportation law. Construction and state transportation officials, who have put up with nine short-term highway-transit measures since 2009, would love a quick deal. But negotiations are likely to go on for weeks.
The conference committee's May 8 initial meeting featured lawmakers' opening statements and, as expected, resolved virtually nothing. The real discussions between House and Senate aides and legislators have begun behind the scenes.
Justin Harclerode, a House Transportation and Infrastructure Committee spokesman, says, "I would expect work on the issues will only intensify now as we work toward a final agreement that includes significant transportation program reform." As far as the construction industry is concerned, the more intense and productive the negotiations, the better.
The Senate's starting point is the two-year, $109-billion bill that it passed in March. The House brought to the table the three-month bill it cleared on April 18, which also includes language to speed approval of the Keystone XL oil pipeline. The Senate version is silent on the pipeline. Both bills also would accelerate project approvals, with the House version more pro-industry on that score.
Industry lobbyists advise watching how negotiations go on the bill's revenue title. The House version adds no revenue to projected Highway Trust Fund income; the Senate boosts the trust fund by $9.2 billion over two years and $13.9 billion over 10 years. Jay Hansen, National Asphalt Pavement Association executive vice president, says a key question is, "Are the revenues that are being put on the table … going to be able to pass the Tea Party members of the House side?"
Industry officials want as long-term a bill as possible. The conference chair, Senate Environment and Public Works Committee Chairman Barbara Boxer (D-Calif.), says the final version could stretch beyond the Senate measure's Sept. 30, 2013, end point, if lawmakers can find additional funds. She adds, "I'm very optimistic on the funding side."
Can the two sides reach an agreement by June 30, when the current stopgap authorization lapses? David Bauer, the American Road & Transportation Builders Association's senior vice president for government relations, says, "After 31 months of extensions, I don't think anybody has a functioning crystal ball here. But there are some pretty serious tailwinds behind this." Bauer adds, "It's not going to be easy but … somebody would have to decide that we're not going to do this to take it down right now."
Partisan differences did flare during conferees' first meeting, but the string of speeches was generally cordial. Boxer also notes, "No one has laid down a line in the sand." That's an encouraging sign, but the negotiations are just beginning.

SWH programme now geared towards local procurement – Minister

From this year, only suppliers which commit to localising their product would be allowed to participate in the government-funded solar water heating (SWH) programme, Energy Minister Dipuo Peters said this week.
“While we are recording good progress with the implementation of the SWH programme, I need to, also, indicate that the majority of these systems, particularly the low-pressure type that we install in the reconstruction and development programme and medium-income residential sectors, are imported.
“This is clearly untenable and the time has arrived for us to intervene if we are to make a difference in creating local job opportunities,” the Minister emphasised in her Budget Vote speech, delivered in Parliament.
The details of the new approach to support only those suppliers installing units from manufacturers that commit to bring their factories to South Africa would be announced in due course.
Despite initial teething problems, to date, over 250 000 SWH systems have been installed nationally as part of the SWH programme. Peters said the one-million target, by 2014, was still in sight.
She added that the total allocation for the 2012/13 financial year was R6.8-billion, R1-billion of which was earmarked for the Energy Efficiency and Demand Side Management (EEDSM) programme, to accelerate the SWH programme.
Meanwhile, energy efficiency remained central to the department’s focus of balancing electricity supply and demand.
In partnership with the National Treasury, the department introduced the Energy Efficiency Tax Incentive Regulations that were intended to incentivise investment in energy efficiency measures. The regulations were gazetted for public comment in November and would be finalised this year.
“Last year, we committed to achieve one terawatt-hours (TWh) of energy savings from a combination of EEDSM interventions, including the SWH programme and other initiatives,” the Minister indicated.
National power provider Eskom indicated that savings of 1.471 TWh had been achieved to date.
“We need to intensify these efforts throughout South Africa, so as to maximise the energy sector’s contribution towards sustainable development,” Peters urged.

ACSA invites bids for Cape Town runway rehabilitation

The Airports Company South Africa (ACSA) has put out an invitation to civil engineering contractors to bid for the rehabilitation of a runway at the Cape Town International Airport.
The rehabilitation of runway 01/19 will entail the strengthening of graded strips on both sides of the runway totalling 2 368 000 m2, the application of a friction layer to the runway’s 192 000 m2 surface and improvements to its transverse slope by increasing its camber from its centerline to its shoulders.
The thresholds and taxiways up to the 50 m aircraft holding points will also be repaired, while airfield ground lighting will be replaced and permanent runway closure crosses installed.
To adhere to the International Civil Aviation Organisation’s recommendation for runway strips, that calls for a minimum bearing capacity, ACSA said loose sandy soil on the strip area would be removed and replaced with compacted gravel. This will be covered with topsoil and grass will be planted.
The project was expected to start in September and would be completed in July 2013.
The works would commence after the last scheduled departure at night until the first scheduled departure in the morning.
Bidders are required to be a valid minimum Level 4 broad-based black economic-empowerment contributor and must be accredited as an 8CE contractor by the Construction Industry Development Board.
All bids must be submitted at the Cape Town International Airport before 12:00 on June 11.