WordPress Video Tutorials – 60 Step by Step Videos

Occasionally, there would be some people who will ask me, “Alex, how do I start internet marketing? How to set up my own website?”

Most of these newbies have zero idea on how to create their website and I always recommend using WordPress to create their website. It is simple to install (provided you are using cpanel with your webhost), easy to use and most importantly there are a lot of useful “plugins” to enhance your site. If you don’t know what I mean, it’s like having apps in your iphone to do all the things you want.

In fact, I just shown a friend of mine recently on how to use wordpress to create a website for his newly started business.

So if you are thinking of having your own website, just use wordpress. Period.

I have created and compiled 60 WordPress step-by-step video tutorials, teaching you how to use and navigate through wordpress:

http://www.CompleteWordpressVideos.com

When I first got started in internet marketing, I really know nothing. I started from scratch. I don’t even know how to create a website back then. I struggled to learn how to use wordpress to set up my site (I am technically challenged, LOL). If such tutorial videos¬†existed last time, it would have saved me a lot of my time.

If you are still struggling and want to cut short your learning time, here’s the videos for you – - WordPress Video Tutorials

wordpress tutorials videos

MF Global (Singapore) Bankruptcy Saga – Can Investors Get Back Their Money?

The New Paper wrote about the MF Global bankruptcy on 5th Nov. It interviewed David Gerald, president of the Securities Investors Association (Singapore). Here’s the Q&A and I have underlined some of the more important points:

What is the worst-case scenario for investors affected by the shut down of Wall Street brokerage MF Global and its Singapore arm?

Many customers opened accounts with MF Global in order to trade multiple products in multiple countries.

In order for such trades to be executed smoothly, monies would have been placed in various jurisdictions (countries) and exchanges (stock exchanges).

As a result, time is necessary to determine where all the relevant monies are located, then repatriate all monies back to Singapore as soon as possible.

Only then, can an orderly distribution of monies back to all clients begin.

As a MF Global is a holder of a Capital Markets Services (CMS) license, it is obliged to segregate the monies and assets of its customers from its own monies and assets under the Securities and Futures Acts.

Nevertheless, given the global nature of its business, it will take some time to locate and repatriate the monies back to Singapore, and distribute to customers.

What lessons can investors learn from MF Global, especially when an Internet connection is all you need to invest and manage your own money?

With the ease of opening trading accounts and trading globally today, investors must be aware of jurisdictional issues.

While MF Global Singapore is a CMS license holder and has to abide by the Securities and Futures Act, I am aware that some investors are trading on platform which are not CMS license holders and thus, do not have the protection of the laws in Singapore.

Needless to say, investors would have a harder time recovering their monies, in what we understand, is an already complicated task. 

– end of interview –

From what I understand and interpret from the interview, clients who have money with MF Global Singapore should be able to get back their money BUT it will take some time.

This incident serves as a reminder on counterparty risk. If you deposit your money with a broker, that broker is the risk you have to undertake. Under such uncertain economy nowadays, the broker could fail and go bankrupt and your money will be gone as well.

Although MF Global is MAS-regulated, it doesn’t mean it’s fool-proof. You never know what they will do with the money behind the tables. In other words, know the risk and don’t deposit large sum amount of money with a broker. Of course, “large sum” is relative.

There was a lady who deposited her life savings of more than $100,000 into MF Global (as reported in Straits Times). Her open positions could not be closed and it seems that she had incurred $40,000 in losses. A broker is NOT a bank. A bank can also fail, let alone a broker!?!? You don’t deposit ALL your money with them. Know what you can afford to lose and use some common sense too.

However, it also doesn’t mean you should stay clear from trading CFD completely from now on.

Just like there are always accidents on roads. It doesn’t mean you stop walking on pavements and stop driving completely. There will always be people who fell in bathrooms, that doesn’t mean you don’t step into your bathroom ever, right?

Due diligence please…