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Wall Street History When people in the media, or just people in the know, refer to the various stock markets in lower Manhattan in New York City, they usually just refer to Wall Street. The now famous financial district has become synonymous with large amounts of money, power and influence. But how did one street manage to evolve into such an important address? Ironically, most major investment firms that helped to build Wall Street into the financial force that it is today aren’t even... Read Full Story

Learn to Do Well at the Auction By Gugum Indra Firdaus learn auction An auction can be a great place for bargains and a venue where you can get items you are looking for. That is, if you know how to bid right. Here are some pointers you can apply when you are going to an auction . Inspect the items personally. Deciding whether to bid for an item or not should not be done while looking at the auction brochure. Because no matter how glossy and attractive the pictures are, there is... Read Full Story

Learn to Do Well at the Auction By Gugum Indra Firdaus learn auction An auction can be a great place for bargains and a venue where you can get items you are looking for. That is, if you know how to bid right. Here are some pointers you can apply when you are going to an auction . Inspect the items personally. Deciding whether to bid for an item or not should not be done while looking at the auction brochure. Because no matter how glossy and attractive the pictures are, there is... Read Full Story

Auction Guide for First Time Bidders By Gugum Indra Firdaus auctions guide When you are going to an auction for the first time , there are specific things that you should know : 1.         Obtain an auction brochure or catalogue. Do this at least a day before the auction date. This ensures that the goods for sale are what you need. 2.         From the auction catalogue , identify what you want. If it’s a car , do your research on its current market value online. Once you know... Read Full Story

Auction Guide for First Time Bidders By Gugum Indra Firdaus auctions guide When you are going to an auction for the first time , there are specific things that you should know : 1.         Obtain an auction brochure or catalogue. Do this at least a day before the auction date. This ensures that the goods for sale are what you need. 2.         From the auction catalogue , identify what you want. If it’s a car , do your research on its current market value online. Once you know... Read Full Story

Tips on How to Bid Auction Safely By Gugum Indra Firdaus auction tips Every movement on the bidding floor- even the slightest nod- could mean a bid to the auctioneer. Some people accidentally win items being auctioned because of some gestures that were natural for them, say waving at a friend during the auction . This could happen to anyone and it could happen to you. Here are some bidding auction safety tips : Eye Contact You may be sitting far from the auctioneer but... Read Full Story

Tips on How to Bid Auction Safely By Gugum Indra Firdaus auction tips Every movement on the bidding floor- even the slightest nod- could mean a bid to the auctioneer. Some people accidentally win items being auctioned because of some gestures that were natural for them, say waving at a friend during the auction . This could happen to anyone and it could happen to you. Here are some bidding auction safety tips : Eye Contact You may be sitting far from the auctioneer but... Read Full Story

5 Reasons Folks Fail at Auctions By Gugum Indra Firdaus auctions bid Winning something at an auction is not just about toppling all your opponents and emerging as the highest bidder. It’s also about bidding wisely and making the most out of every cent you pay. Sadly, not all bidders make correct decisions and fail miserably due to their own negligence. The reasons? Read on : Bidding without planning. Participants without a plan on what to do and how to do things right will... Read Full Story

5 Reasons Folks Fail at Auctions By Gugum Indra Firdaus auctions bid Winning something at an auction is not just about toppling all your opponents and emerging as the highest bidder. It’s also about bidding wisely and making the most out of every cent you pay. Sadly, not all bidders make correct decisions and fail miserably due to their own negligence. The reasons? Read on : Bidding without planning. Participants without a plan on what to do and how to do things right will... Read Full Story

What Are Types of Auctions By Gugum Indra Firdaus auction types English Auction:  This type of auction is used at English auction houses like Phillips, Sotheby’s, and Christie’s. The process starts when the auctioneer announces the item and the minimum bid. Individuals openly try to outbid each other wherein each bid is higher than the previous one. The item is sold when the ‘buy-out’ price is reached or when there is no other person willing to place a higher bid . The ‘buy-out... Read Full Story