Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Saturday, August 22, 2009

Building A Real Cards Business

Sendout Cards is ranked 158 in the  Top  500 Inc listing of fastest growing private businesses in the USA and is in the top ten for best website.

 

No. 158

SendOutCards

Salt Lake City, UT
Year 2009

Industry Consumer Products & Services
Founded 2003
Growth 1,173.4%
2005 Revenue $2.6 million
2008 Revenue $32.9 million
Employees 71
Website www.SendOutCards.com

SendOutCards's Business Model:

SendOutCards is a greeting card company that allows subscribers to create and customize traditional print greeting cards online, and have them printed, stuffed, stamped, and delivered to the recipient.

SendOutCards's Trophy Case

Ranked No. 13 in Consumer Products & Services

 

Cards cost around $1 to send out including postage which provides a great saving compared to cards sold in local stores. They take only minute to prepare and send out, with options to be written in your own handwriting  include your signature.

 

David Ogden - Helping People Help Themselves 
phone 1-386-308-1956 after 6PM EST
Skype seadogs11 
Click Here to try out the service for FREE

Natural Pain Relief and Home Business Success

You have to read this story about Tula Savisky. These testimonies just fire off my jets and launch me into another mission orbit. I love hearing how people are having life transformations with TriVita.

Tula joined TriVita in December 2008, not thinking she was going to make a lot of money, but in hopes that TriVita would be different than her past business experiences. Someone she knew in an online community referred her to TriVita, assuring her she could do the business.

She told me, "I failed at every network marketing company I’ve been involved with before because the products simply didn’t do what was promised. It seemed like you had to be a seller or taker from someone to get something for yourself. That just is not my personality, but my enroller Tanya Sydney told me TriVita was different. I hoped it would be, and that I could help people while earning some money at the same time."

Tula received her first check from TriVita which was $9. She and her husband, Terry, love to canoe and camp, so she hoped that someday she could buy a new canoe. But then came the Nopalea launch, and she experienced a wellness experience that removed pain, gave her new mobility with renewed energy to do the things that are physically demanding and things she loves to do. In fact, by lowering inflammation in her body, even the psoriasis skin blemishes she’s had for years are clearing up. That is remarkable in itself, as there is little that can be done for this kind of skin disorder.

She started sharing Nopalea online with some success and began to watch her checks go up. Her belief in the product continued to build as she was receiving amazing stories from people about how their health was improving. You might remember the call Bryan Wirth and I did about how small actions create small successes that help build belief. And when belief becomes the force, all things are possible. Get into action and create small successes as you are just a few steps away from belief where big and mighty things happen.

Now Tula is not hiding behind a computer because she cannot share with someone in person; she is out in the community everywhere she goes sharing the Nopalea story. Her belief is so powerful and she told me "If you just share and care about people, the compensation will come back to you." Sounds like reciprocity to me! She is now moving quickly towards becoming a Director, and in only 7 months, her July compensation was $1,700!

She said, "Michael, my personal development to overcome fear and doubts has been incredible. I could not have even talked with you about my goals and my life when I first started with TriVita. I attribute much of that to the life changing effects that Sublingual B-12 had on my mental focus, emotional stability and physical energy. Add to that the fantastic support I have received from my enroller Tanya Sydney, Fred Gondzar, Mike Riedmiller and Cody Ramsey, and I’m a different person." She boldly said, "I have my eyes set on being Presidential Director someday. I know I can do it if I just keep sharing."

Here is a dynamic, synergistic and powerful thing that happened to Tula and her husband Terry…when TriVita changed the policy so anyone of legal age in a household could have a position as an Affiliate, she immediately recruited her husband. He had always been supportive, but it was always Tula’s business not ‘their’ business. As soon as Terry enrolled, he immediately made a list of contacts that he wanted in his business. He began sending the Gift of Health, which led to enrolling the builders he wanted to work with him. But here is what is so powerful…Tula and Terry began to dream about what they wanted to do together and A FAMILY PURPOSE DREAM EMERGED! The dream became much bigger than a canoe. They want to go to Baffin Island above the Arctic Circle and work with the Inuit. They want to return to South America where they lived for 9 years and renew friendships. This once timid, NOW bold TriVita Affiliate asked me, "When are you going worldwide, as we have contacts all over the world who we want to get involved in TriVita? We have people in Australia…how soon before TriVita is in Australia?"

I could write a book on Tula instead of a blog. What can we learn with this incredible story?

  1. You never know what lies inside of an individual. With the nurturing and encouragement she received from her support team, she now believes like we do that all things are possible when you believe in the products. As leaders – nurture, encourage and inspire, as you just don’t know the potential of the power of belief.
  2. Get the whole family involved, as it creates family purpose and focus.
  3. Don’t be a taker, but rather a giver, and share with people the power of Nopalea. Tula gives people a bottle and uses the Gift of Health. She believes in the product.
  4. Actions create success… success creates belief in yourself… belief then creates many magnificent possibilities
. I am proud to share this story with you. This is why there is a TriVita. I see thousands of Affiliates rising up with actions to demonstrate the product and people experiencing a greater quality of life. Affiliate businesses are going to explode as we become audacious and bold in our actions to share an anti-inflammatory product with a highly toxic and inflamed world. I hope you enjoyed reading this as much as I enjoyed writing about Tula.

Michael Ellison CEO TriVita

If you are interested to know more about Sonoran Bloom Nopalea either to use the product for natural pain relief or build a home based business please Click Here to contact me.

David Ogden - Helping People Help Themselves
Contact Us
TriVita Affiliate 13142173
phone 1-386-308-1956 after 6PM EST
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Natural Pain Relief

Monday, July 27, 2009

How To Retire In Ten Years

Retire in ten years, is an option when you run an online business. but there is a secret.

You must understand that building a business takes time and effort and there is no quick fix, there will be set backs, but if you are consist ant in what you do you will success. Many people lose their dream within six months, I know for a fact that it takes around 3 years before your monthly income becomes an appreciable amount, and sometimes you may be tempted to stop. This is the time when you need to redouble your effort.

Let’s face it, if you put off talking to everyone you know because you might be afraid of what they might think of you and your business, then you can never expect to achieve the level of success that others have when they have talked to everyone they know. The contact list is the life blood of any Network business, and to be hesitant to work through the list is a good way to lose any momentum and a reason to just quit like so many have in the past.

How do you get past this problem, start your home business, and retire in ten years?

With the Internet, e-mail, and software available, today is a new day in network marketing. No more bothering friends and family and trying to convince people against their will to join your business. You now have the ability to post your business out there in cyber space and find that there are people who actually want to join your business. This may be just the answer for you to revive your business and get you over the hurdle that’s been keeping you from earning the income available in your home based business. But how do you get started?

The key to success that will allow you to retire in ten years, is getting customers for your business and to be honest its a problem for many home business owners, who spend many hours cultivating business leads and often give up. There is however an answer and that is to buy customers, that way you can save all the cost time and hassle in marketing your product and build a good customer base.

Now not many people know this secret that will allow you to retire in ten years, but there is a direct selling company in the USA that will sell their customers to you, and what is more on top of earning ongoing commissions they will continue to market to your customers.

Does this sound to good to be true?, well it gets better you can join in with a group of fellow entrepreneurs who will work with you to grow your business.

David Ogden - Tomorrows Home Business - Retire in Ten Years
Contact Us
TriVita Business Affiliate 13142173
phone 1-386-308-1956
Skype seadogs11
Earn money with AlertPay
Click Here to Learn how to market online

Sunday, June 7, 2009

Do you Want To Make Money Online?

It may come as a surprise to you that to be successful online you need to treat your business as a business. There is no way to get rich quick despite the thousands of people who advertise that you can be earning $ thousands within a few weeks.

Working online is no different to working offline, you get paid for the work you put in and it will take 3- five years before you will be earning substantial money. The most important step is choosing a good business, what you are looking for is an established opportunity that has been around for about ten years, so that mean forget about all the pre launch specials which offer you the world and end up giving you nothing, they are no more than a lottery.

You will need to put time and effort into your business and like any business you will need to have money to get going, yes there are free opportunities, but you get nothing for free in this world, that is a fact of life.

What ever business you choose you will need to learn everything you can about it and how it works, and if you are joining an affiliate business make sure that you join under someone who is willing and able to help you, not someone who is just after your money.

I know you would all like to get a six figure income from working online, and yes you can, it will take between 5-10 years of work. If you have a normal job would you expect to be earning a six figure income in less than that time working full time? The answer of course is no, so don't get caught up in scams that promise you the earth and leave you empty handed.

A common mistake is to jump from one business opportunity to another and this can be disastrous because you will once again have to start at the bottom, it is far worse than a traditional job were generally your salary and conditions will increase when you change jobs. I was lucky to work for the same company for over 25 years and as a result retired with no debt and enough money to live on and am now building a second income.

The other thing you need to do with a home business is to continue to reinvest in yourself, learn more about the business, you can also build additional streams of income but make sure they are compatible and fit together in you life plan.

I have worked online for over ten years trying many ways of earning money and it is only in the last three years that I have started to earn an online income because I have discovered what I am good at. Along the way I have learnt many things, one of which is that for the first couple of years monthly income will be small and there is a temptation to question if you will ever make real money, but I now know that if you persevere you will.

One Interesting point I learnt this week is that 1 in 30 people you introduce into a business will understand the business and build a successful business of their own. So forget the idea of only finding 3-4 people, you need to raise your sights much higher.

If you truly wish to succeed please feel free to contact me.

David Ogden - Helping People Help themselves
http://davidogden.org
+60 (0)19 8428702
+1 386 308 1956 after 6PM EST
Click Here to E-mail me

Saturday, March 7, 2009

Learn How To Market On the Internet

The current financial woes that are sweeping the world is causing many people to consider building an online business. the problem is there are millions of people working online who have the same idea.

The first step is to identify a particular area where you have some knowledge, experience or interest which you can pass on to others and earn money. You then need to sit down and look for an opening in the area that interest you. The Goggle search engine makes it easy to research a particular subject and get some ideas on what competition there might be in the area of your expertise. A  business colleague of mine, Butch Hamilton has written a free e-book about Niche Marketing which I recommend you download and read.

David Ogden – Internet Marketing Mentor
http://davidogden.org
davodogden@theinterbiz.com
Phone 386-308-1956

Sunday, February 22, 2009

AARP Finance News

AARP - Finance

Banks are certainly not the flavour of the month at the moment amid fears that the US may nationalise or take a larger stake in them. Warren Buffet is also being hit hard by these financial rumours.

The news will not have any effect on AARP members unless they hold bank stocks, if they do then short term news is not good.

Stocks around the world are falling and Gold is once more on the rise up to $1,000 per once from $650 in December.

On the Internet there are many money earning offers available to AARP members, but it is a case of buyer be aware as not all offers are genuine and there is a need to do due diligence tests is the offers seems too good to be true it probably is. My advice is to carry out thorough checks on Google both regarding the opportunity and the persons who is offering it to you.

David Ogden - Tomorrows Home Business - Retire in Ten Years
Contact Us
TriVita Business Affiliate 13142173
phone 1-386-308-1956
Skype seadogs11
Tomorrows home business Group
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Tuesday, February 17, 2009

Veretekk WEB 2.0

Veretekk web 2.0  is going to be one awesome marketing tool come the launch on 1st April. Existing system users are already benefiting from the changes taking place. Already every website in both the gold and silver systems has be updated to include short training videos which explain how the sites can be set up and used to promote your business.

Veretekk trainers can even use the training videos in their own conference rooms and then run live question and answer forums. Viral E-books are being prepared by Veretekk Web 2.0 trainers, to provide a comprehensive library that can be used and shared with friends.

The Veremail system has been fully integrated with the  bully pulpit mass mailing and leads capture. The unsubscribe function is in the process of being updated, so a subscriber  can decide which emails they wish to receive or block. Free silver members can send out weekly mails to their down lines which can be in text and html format and pre checked with spam assassin to check deliverability.

The Veretekk WEB 2.0 system auto responder letters are going to be upgraded to teach people how to use the portals which they have joined.

David Ogden – Internet Marketing Mentor
http://davidogden.org
Email Me
+1 –386 308 1956
Sign Up for Free Veretekk System

Friday, February 13, 2009

Retire In Ten Years

Retire in ten years, is an option when you run an online business. but there is a secret.

Let’s face it, if you put off talking to everyone you know because you might be afraid of what they might think of you and your business, then you can never expect to achieve the level of success that others have when they have talked to everyone they know. The contact list is the life blood of any MLM business, and to be hesitant to work through the list is a good way to lose any momentum and a reason to just quit like so many have in the past.

How do you get past this problem, start your home business, and retire in ten years?

With the Internet, e-mail, and software available, today is a new day in network marketing. No more bothering friends and family and trying to convince people against their will to join your business. You now have the ability to post your business out there in cyber space and find that there are people who actually want to join your business. This may be just the answer for you to revive your business and get you over the hurdle that’s been keeping you from earning the income available in your home based business. But how do you get started?

The key to success that will allow you to retire in ten years, is getting customers for your business and to be honest its a problem for many home business owners, who spend many hours cultivating business leads and often give up. There is however an answer and that is to buy customers, that way you can save all the cost time and hassle in marketing your product and build a good customer base.

Now not many people know this secret that will allow you to retire in ten years, but there is a direct selling company in the USA that will sell their customers to you, and what is more on top of earning ongoing commissions they will continue to market to your customers.

Does this sound to good to be true?, well it gets better you can join in with a group of fellow entrepreneurs who will work with you to grow your business.

David Ogden - Tomorrows Home Business - Retire in Ten Years
Contact Us
TriVita Business Affiliate 13142173
phone 1-386-308-1956
Skype seadogs11
Earn money with AlertPay
Working from home marketing

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Thursday, February 12, 2009

AARP

AARP - Finance

The US Economic Stimulus plan is still on track to be singed on Monday, providing that the two houses complete final votes this week on the final bill which is expected to include the following:

  • A homeowner tax credit significantly reduced from the Senate version of $15,000, double that of the House bill.
  • A tax credit, also reduced from the Senate version, for people who buy a car in 2009.
  • Funding to patch the alternative minimum tax, originally intended to target the wealthy but now hitting many middle-class families.
  • $90 billion of increased Medicaid match to states.
  • $150 billion for infrastructure, including $49.6 for transportation infrastructure.
Tax breaks for workers that had been set at $1,000 per family or $500 per individual have been scaled back to $800 per family and $400 per individual.

35% of the bill deals with tax cuts, 65% with spending. The compromise bill has a price tag of $789 billion, less than both the House and Senate versions.

Other news came from Switzerland with the two leading banks US and Credit Suisse, both losing millions, forcing USB to lay off a further 1,600 people. Credit Suisse lost 7,000 jobs last year but hopes to survive with out government intervention.

David Ogden - Tomorrows Home Business - Retire in Ten Years
Contact Us
TriVita Business Affiliate 13142173
phone 1-386-308-1956
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Tomorrows home business Group
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Tuesday, February 10, 2009

AARP

AARP - Finance

US stocks ratios have now dropped to 75% of GDP and According to investing guru Warren Buffett, U.S. stocks are a logical investment when their total market value equals 70% to 80% of Gross National Product. This combined with the economic stimulus plan currently under debate may be enough to start the stocks on an upward trend which would be AARP members who are relying on investments to fund their retirement.

Elsewhere Sterling has begun to make advances against other currencies thanks to better than expected performance of Barkclays bank who stocks rose 10%. There is a suggestion that even with recession biting deeply and a gloomy economic outlook sterling is past it worse.

David Ogden - Tomorrows Home Business - Retire in Ten Years
Contact Us
TriVita Business Affiliate 13142173
phone 1-386-308-1956
Skype seadogs11
Tomorrows home business Group
Earn money with AlertPay
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Monday, February 9, 2009

AARP

AARP - Finance

AARPLast months unemployment figures were the highest for 34 years with a further 598,000 jobs lost and the trend is expected to continue with some experts expecting it to reach 9% by the end of the year. Long term unemployment is also growing with 2.6 million people being out of work for over six months.

AARP members looking for part time jobs to bolster their retirement incomes are facing stiffer competition. Richard Johnson, an economist at the Urban Institute. “This recession is bad for older people because they can no longer simply afford to retire when they lose their jobs like they did in the past. Now we have so many older people invested in the stock market through retirement plans, it’s really impossible for them to retire.”

AARP members looking for alternatives have begun to consider setting themselves up in business for themselves, where they can take advantage of tax breaks and earn extra money to meet retirement costs with the help of such groups as Tomorrows Home Business.

David Ogden - Tomorrows Home Business - Retire in Ten Years
Contact Us
TriVita Business Affiliate 13142173
phone 1-386-308-1956
Skype seadogs11
Tomorrows home business Group
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Sunday, February 8, 2009

AARP

AARP - Finance

Virtually the whole world is awaiting to see the US economic plan put into action, yes delays might save some money, but the sooner the bills are approved the faster confidence will return. Here is a leaked report of what has been changed from the original plan.
CNN obtained, from a Democratic leadership aide, a list of some programs that have been cut, either entirely or partially:

Partially cut:

  • $3.5 billion for energy-efficient federal buildings (original bill $7 billion)
  • $75 million from Smithsonian (original bill $150 million)
  • $200 million from Environmental Protection Agency Super fund (original bill $800 million)
  • $100 million from National Oceanic and Atmospheric Administration (original bill $427 million)
  • $100 million from law enforcement wireless (original bill $200 million)
  • $300 million from federal fleet of hybrid vehicles (original bill $600 million)
  • $100 million from FBI construction (original bill $400 million)
Fully eliminated
  • $55 million for historic preservation
  • $122 million for Coast Guard polar icebreaker/cutters
  • $100 million for Farm Service Agency modernization
It is now expect the bill will be voted on on Tuesday

David Ogden - Tomorrows Home Business - Retire in Ten Years
Contact Us
TriVita Business Affiliate 13142173
phone 1-386-308-1956
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Tomorrows home business Group
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Saturday, February 7, 2009

TriVita - Success

  Meet Precious - a TriVita Member since 2003. She’s had a positive experience with several TriVita products and now she’s referring more and doing great!

Precious (left) & her daughter

Personal Stats:
Name: Precious D.
Location: Bloomington, IN
Age: 55  Occupation: A licensed LPN

Favourite Products:

  • Sublingual B-12, B-6 & Folic Acid
  • Adaptogen 10 Plus
  • Gingko Biloba
Product Story:
Precious’s great success with Sublingual B-12 has allowed her to recommend TriVita to both family and friends. “My 27-year-old daughter is also a regular user of TriVita Sublingual B-12,” Precious remarks. “It has really helped with a medical condition. She is also an opera singer and takes Adaptogen 10 Plus to deal with a very stressful life. It works wonders and she loves the products.”

Referring Activity:
Precious had 11 referred accounts as of October 2008. The Refer & Win Celebration encouraged her to refer even more. Her tremendous success has also earned her Gift Cards and compensation checks. “I am so thankful for those extra rewards.”

She is also thankful for what TriVita products have done for her friends. Precious recommended VisionGuard to her dear friend, Deborah, who was having glaucoma problems. The doctor started Deborah on medication which gave her dark circles under her eyes. Precious then suggested VisionGuard to her. After only a month Deborah's doctor observed a big improvement in her eyes. Deborah told the doctor about VisionGuard and he asked her to bring more information to him. She is on her second month with VisionGuard and is absolutely thrilled with the results. Because of Deborah’s success with VisionGuard, Precious’s brother is now making it a part of his regimen.

She has her own agency called Nurse Angels, where she assists people with health-related issues. Through Nurse Angels, she is able to recommend TriVita products to people who can benefit from them and show them the way to health and wellness. Precious is also going to school to become a Registered Nurse. “My great referral success has earned me fantastic rewards,” she says. “Better yet, I have the satisfaction of helping improve people’s lives.”

David Ogden
Phone 1-386-308-1956
Skype Seadogs11
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TriVita Products
TriVita Home Business
TriVita Health
I Get Going Today
TriVita - Sonoran Bloom

Friday, February 6, 2009

AARP Finance

AARP - Finance

The UK has reduced its Interest rate to 1.0% as expected but this is a twin bladed sword because saving rates have also reduced which effect many retired people.

There is also a glimmer of hope in the UK housing market based on a recent survey, it seems that houses prices have reached a level where first time buyers are prepared to enter the market, provided they can obtain loans to borrow between 3-4 times their income. At the moment it looks like the housing market will improve ahead of the USA, where investors are still looking for the market to fall by a further 20% or more mortgage rates are rising

Last week, when the average 30-year fixed mortgage rate was 5.48%, a $200,000 loan would have carried a monthly payment of $1,133.07, according to Bankrate.com. With the average rate now 5.70%, the monthly payment for the same size loan would be $1,160.80, a difference of nearly $28 per month.

In the USA the senates debate on the economic stimulus plan is due to conclude on Friday morning and it is expected that the funding requirement will be reduced to help the budget deficit.

David Ogden - Tomorrows Home Business - Retire in Ten Years
Contact Us
TriVita Business Affiliate 13142173
phone 1-386-308-1956
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Thursday, February 5, 2009

AARP News

AARP - Finance

For past year, small businesses made deep staffing cuts: Companies with 500 or fewer workers cut 430,000 positions in January, according to the latest ADP (ADP, Fortune 500) employment report, released Wednesday.

Small business employers are typically the last to cut jobs and the first to create them, which makes January's job-loss numbers a worrying omen for the rest of the year. Joel Prakken, chairman of ADP's research partner, Macroeconomics Advisers, doesn't expect improvement any time soon.

"We believe that for the first half of this year, the economy will continue to contract," he said. "There may be growth in the second half, but it will be sluggish."

Many small businesses are looking for ways to survive, but if their business product is not essential then the prospects are not good, a few are changing the way they work and seeking more customers or improving customers benefits.

Customers are the key to success, however until such time as some of the benefits of the financial stimulus plan produce money in customers pockets the future look bleak.

Generally speaking employees in small businesses are more flexible about the work they do and many are multi skilled and these are the kind of people who take matters into their own hands when redundancy threatens and set up their own business.

David Ogden - Tomorrows Home Business - Retire in Ten Years
Contact Us
TriVita Business Affiliate 13142173
phone 1-386-308-1956
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Tomorrows home business Group
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Wednesday, February 4, 2009

Retire In Ten Years

AARP Plan To Retire in Ten Years

The word retirement is not something of much concern when people are young. It is 20 or even 30 years away and a lot can happen during that time. The thought of retiring and what to do when the time comes, is a dream and with proper planning that can become a reality.

All the financial upheaval at the moment is taking us back to the time when retirement did not exist, people worked until they died. Relying on state benefits and retirement plans can be seen not to be wise, ask anyone who has a 401(k) plan about their retirement plans now and their dream has been taken away.

If you are serious about retiring you need to start planning early to create wealth. Little things such as buying groceries from the supermarket instead of the local convenience store since items are much cheaper there. A person can also buy generic stuff instead of designer products that are of equal quality. The money saved is a start and in time, can go a long way due to compounding.

The best way to plan to retire in ten years, is to have full control of your wealth creation process and one way to do this is to run your own business and take full control of the situation. There are markets and opportunities out there which will allow you to retire in ten years, and they do not rely on stock or shares or insurance policies to fund your retirement.

The ideal plan to retire in ten years is to reinvest all income back into your business for a period of ten years and over that period of time the compound affect can then provide you with an ongoing monthly income from your business.

You need to be strong willed to reach you goal to retire in ten years, most people fail because they would rather spend the profit rather than feed it back into their business.

The question is do you have the belief that you can retire in ten years, if so please feel free to contact me.

David Ogden - Tomorrows Home Business - Retire in Ten Years
Contact Us
TriVita Business Affiliate 13142173
phone 1-386-308-1956
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Tuesday, February 3, 2009

Benefit of Delaying Retirement

AARP Finance

What are the advantages of AARP Members delaying retirement. How working a few extra years can greatly effect you life in retirement

  • Avoids reductions in social security benefits
  • you can keep you 401(k) or other retirement plan growing, giving them time to regain recent losses.
  • It shortens your time in retirement.

At the moment the average ARRP member retires at 63 and with experts suggesting working four extra years will give time for retirement funds to recover somewhat that would mean retiring at 67.

This might not be an option for everyone as ill health can cause problems when you are older and at the moment many people are facing the possibility of losing their job.

On the other hand a member of AARP has developed many skill and knows how to do the job, so that when time are hard this is the type of person a company will retain.

The key is to retain your job as once you are unemployed it will be very difficult to find another job that pays the same.

If you are an AARP member and forced to retire early you need to seek out other ways of bringing in more money, and one of these is to start a home business.

David Ogden - Tomorrows Home Business - Retire in Ten Years
Contact Us
TriVita Business Affiliate 13142173
phone 1-386-308-1956
Skype seadogs11
Tomorrows home business Group
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Monday, February 2, 2009

Financial News

AARP Finance

Interest rates in the UK are expected to fall again this week as a measure to bolster the failing economy. The spectre of Deflation is looming in the background.

Howard Archer, chief UK and European economist at IHS Global Insight, said the Bank was "under severe pressure" to cut rates by another half percentage point.
"With GDP suffering its largest drop for nearly 30 years in the fourth quarter of 2008, latest data and survey evidence largely reinforcing belief that the economy is poised to suffer in 2009 the largest single year contraction since the Second World War, credit conditions remaining extremely tight, and a period of deflation highly possible in the second half of this year, the pressure on the Bank of England to act is intense," he said.

The USA is little better of having already reduced rates and awaits the approval of the financial stimulus plan later this month

David Ogden - Tomorrows Home Business - Retire in Ten Years
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