When you’re in debt, there are shortcuts you can take to reduce the amount of interest you’re paying or even the amount of money you owe. They can be tempting but be aware that each of these shortcuts comes with a risk.
Putting the cart before the horse is never good practice. Everyone knows that the horse comes before the cart. But what if the cart is broken? Then what? Clearly, not much work will get done.
The oilfield service business is a cart that is breaking down. Sixty-dollar oil prices are causing capital starvation across the industry. Oil companies have zipped up their wallets; drilling rigs and all sorts of peripheral field equipment are mostly un-contracted and lying idle. Any heavy iron that’s working now is being offered to customers at rental rates that barely pay the bills.
If the sweeping economic reforms planned by Chinese leaders during the Third Plenum can be our guide, it looks to be a promising decade for global investors. Details released recently confirmed President Xi Jinping’s concerted efforts to move China toward a market-based economy that mirrors the West.
The plan’s comprehensive nature and the level of clarity evidently pleased investors, as many Chinese stocks experienced a pop. We’re pleased U.S. Global Investors’ China Region Fund (USCOX) also participated:
One of the biggest advantages of Microsoft Excel is the ability of experienced users to barely touch the mouse. They accomplish this by learning simple keyboard shortcuts. Once you know a few shortcuts that you need to use all the time, you can save large amounts of time that would otherwise be spent doing mindless work. By learning these simple keyboard shortcuts to manipulate data formats, you can be well on your way to getting to that point of Excel ability.