They had story of James Dinnison: the 25-year-old high-school dropout from Western Australia makes $200,000 a year running drills in underground mines to extract gold and other minerals.

The reason why this job pays so much is

• It is a dirty job
• Located in remotest parts of Australia

This two trivial factors means the supply for this jobs is very low and you know basics of economic, the lower the supply the higher the demand and prices go up. In this case of Australian mine jobs, wage prices have not only gone up they have hit the roof!

Vacancies For Australian Mine Workers are still open

The Minerals Council of Australia estimates the country needs an additional 86,000 workers by 2020, to complement a current work force estimated at 216,000.

If you feel you have the energy, self reliance and resourcefulness to do this job, you have nothing to lose by going down under.

Australia Mine Jobs That Pay $200,000 Grand A Year is a post from: Daily Investment Tips

Evaluating A Good Investor Magazine

• Track record of awarding winning investment articles
• A long archive of investment records
• Award winning writers
• Original articles, you don’t want to read rehashed articles.

The Following Investor Magazines meet the all the above criteria

1. Barron’s – a financial weekly investor magazine published by US-based Dow Jones & Company. covering U.S. financial information, market developments, and relevant statistics. Each issue provides a wrap-up of the previous week’s market activity, news reports, and an informative outlook on the week to come.

2. Wall Street Journal. – Not really an investor magazine, it is packed with information that you need to know what is happening in business and economy. Very important because they eventually affect the stock market.

3. Smart Money – Not a 100% investor magazine but topics include ideas for saving and investing. Written by top notch writers.

4. Investor Chronicle – Considered a “highly influential investor magazine” It is a weekly investor magazine in the United Kingdom for private investors and is published by the Financial Times Group. The magazine publishes articles about global markets and sectors.

5. Financial Times – A UK business paper, not a pure investor magazine but the original finance information makes is a gem.

6. Kiplingers – it mostly deals with mutual funds ,but you can get a pretty good idea of what ” managers” are looking into.

investor magazine.

Best Investor Magazines is a post from: Daily Investment Tips

1. Money

Money has to be number one at a list of the best personal finance magazines. Published since 1972. Covers personal finance topics ranging from investing, saving, retirement and taxes to family finance issues like paying for college, credit, career and home improvement.

2. SmartMoney

SmartMoney is backed by Wall Street Journal. SmartMoney’s target market is affluent professional and managerial business people needing personal finance information. Regular topics include ideas for saving, investing, and spending.

3. Kiplinger’s

Although not as well known as the other two, this one of the best personal finance magazine has been published since 1947. Kiplinger claims to deliver “sound, unbiased advice in clear, concise language”. It offers tips and tricks on managing money and achieving financial security, as well as information and practical guidance on saving, investing, planning for retirement, paying for college, and buying automobiles, homes and other major purchases.

4. Consumer Reports

If you are hunting for the best value for money, Consumer Reports has to be the best personal finance magazine.

Best Personal Finance Magazine is a post from: Daily Investment Tips

One forex currency trading article I found useful in understanding how the world of currency trading works is Currency Trading Gets Easier but remains risky by Wall Street Journal.

The article does not teach you how to make money from currency trading but it is full of knowledge on the industry. These are benefits I found in the article:-

1. Links to reliable forex brokers
2. Rules governing trading in forex currency.
3. Interview with a 53 Year Old Pro Forex Trader
4. Risk of Forex Currency Trading

The article is not a tell all article but any beginner currency trader interested in the world of Forex currency trading will need to read alot more forex articles and books to understand currency trading.

Forex Currency Trading Articles For Beginner is a post from: Daily Investment Tips

According to a Wall Street Journal piece on mortgages,

Most delinquent mortgages aren’t available for sale because they are locked up in so-called private-label securities (the ones packaged by Wall Street during the boom) or in the hands of Fannie Mae or Freddie Mac.

What this means is, Although a mortgage company has issued the loan, the loan is owned by third parties. The rules governing this arrangement prevent the issuer from modifying the loans. A modification would subject the servicing firm to the risk of lawsuits by the owners of the securities.

Because of this tight arrangement the mortgage companies find their hands tied and they cant help their borrowers.

Why You Dont Qualify For Mortgage Loan Modification is a post from: Daily Investment Tips

Mr. Jones is advising clients who can afford to pay cash for a home to take out a mortgage instead and invest the funds in a diversified portfolio. “If you look at where the market is now and where it could be five to 10 years from now, the return potential is significant,” he says. Ideally, investors would want to borrow at rates below 5% and invest the money in a well-diversified portfolio aiming to return 8% a year over 10 to 15 years.

Read the whole article at Wall Street Journal

Christopher Jones, NY financial planner Investing Advice is a post from: Daily Investment Tips

How did he see it.

In a Wall street journal interview, I found this Paulson quote

“Where is the bubble we can short?” He was asking his staff. They found it in housing.

I think that is the one example on how to make money. Find a bubble and short it!

In the same interview Paulson gave a vague assessment of the market

He’s also betting against other parts of the economy, such as credit-card and auto loans. He tells investors “it’s still not too late” to bet on economic troubles.

Not to fast that was way back in January 2008.

John Paulson Market Predictions is a post from: Daily Investment Tips