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Showing posts from October, 2011

Time is Money. How Far Do You Agree?

   In my opinion, there cannot exist any statement that is undoubtedly true. And in this way, we are not able to say whether time is money or not. Some people will always believe that time is only money but nothing else; others will defend the opposite thesis. As far as I am concerned, all of us should realize that the material world around us makes time money.   Although I do not want to agree with this statement, I confess that all of us should be realists. No one can lead normal life without enough money. People constantly work in order to earn. And they need time. It is mainly money for them. Their credo is “Don’t lose time, make money!” but it can be interpreted in several ways. Nowadays there are two categories of people. People from the first group, work hard in order to make enough for a living, to satisfy their basic needs. While the others consider money as a way to win more power and better social position, sometimes even more friends. They say “Money makes the world go ro

The Word Of Many Meanings

   Pride is not a strong enough word to describe dignity; it is only a formality of what could be described. Meaning, dignity has a stronger meaning that cannot be described as just one word. When I think of the word dignity, I think of pride, respect, self-esteem, and a hero. Of course it also means high rank, but to me it says pride in yourself, no matter what your ranking is.   Dignity is made up of four different meanings. The first one is pride. Pride is about forty-five percent of the word dignity. It describes believing in yourself and in what you do. For example, having pride in who you are, which means showing yourself that you can do and be anything as long as you are yourself, show that you have self-esteem and respect for yourself and others.   Self-esteem and respect are another part of dignity. These two words have almost the same meaning as pride, but the difference between them is the feeling of being appreciative and showing consideration. For example, when I hear o

Summer lull hits MENA ETFs

   The blistering hot summer season in the Middle East, is normally a sleepy period for the region’s funds industry. The beginning of September offered another reminder that summer is nearly behind us as we are now full steam ahead towards the fall season. Traditionally, summer is a generally weak period for the market; but summer 2011 is an exception. August was without question the most eventful of the summer months, and probably for the year as well.     The actual size of the Middle East wealth management market is not very large; however, the opportunity it provides is indeed significant . We are, however, in a period where underlying fundamentals have to contend with overarching market sentiment as the primary drivers of equity performance.    ETFs are investment funds divided into equal units traded on the exchange during trading time, similar to stocks. ETFs enjoy advantages of both mutual funds and stocks. Like other investment funds ETFs are composed of a basket of asset

Funds Got In The Swim Of July

   What began largely as an act of frustration and defiance by one man in Tunisia has unleashed decades of pent-up frustrations that have begun to reshape a key region of the world. In a region that stretches from Morocco to Kuwait and covers terrain from mountains to desert, the range of economic activity in the Middle East and North Africa (MENA) is as varied as the geography. For the past several months, we’ve been bombarded with news about unrest in the Middle East and North Africa. We are witnessing a truly historic and exciting period for the region that may reshape world politics and economies.  But it’s also a confusing time.     The actual size of the Middle East wealth management market is not very large; however, the opportunity it provides is indeed significant .  The Middle East isn’t just a bubble. Even though stock markets have been in existence since the 1980s (in Saudi Arabia and Kuwait), mutual funds came into being only recently. The events in early 2011 that led