Commenting on the allegation that Lanka hotel rates had increased, he said that it is only a general statement. There is a renewed interest for the leisure sector in Sri Lanka and this arguers well for the industry said Group director of diversified group, Hemas Holdings, Abbas Eusufally, speaking to ‘ Daily News Business’ at the ITB in Berlin. He said similarly, the Sri Lanka leisure sector too, soon would also see a high demand for qualified staff for the human resources sector. Sri Lankan tourism is on an upward trend with increased arrivals and revenue and the country would soon need additional rooms to meet this demand. Eurfally said that hotel schools and educational institutions set up for this purpose in the country are inadequate to meet the projected demand in Sri Lanka. “However I think that in a free economy hotel rooms should not have a price control and it should depend on demand and supply forces,” he said.

When it comes to investing in your own pair of scuba fins, you have a plethora of choices from a number of manufacturers who continue to advance the engineering they use to produce the most durable, efficient fins possible. Lately the value investing world has been speculating that Li Lu, an up-and-coming investor, may end up as one of the portfolio managers at Berkshire Hathaway. At one time, the replacement for Warren Buffett, at least on the portfolio management side, mattered a great deal for Berkshire Hathaway. Even for Berkshire Hathaway shareholders the future portfolio managers aren’t a big issue, compared to 3 or 4 years ago when Berkshire had a big chunk of its net worth in cash. Further there are 22 funds operating in the market managed by the six Fund Managers. There are six fund management companies operating in Sri Lanka and more are expected to be licensed. However he said that hotel rates should be decided on quality and service where the customer should not get the feeling that they are ripped off. Housing loan, probably the biggest financial commitment in life, requires setting aside a major part of the monthly salary and/or CPF contribution to service the monthly instalments.

In real life, the Fund Manager has to formulate a fund with an objective in mind before seeking an approval from the SEC. The Securities and Exchange Commission of Sri Lanka (SEC) as the licensing authority has the power to permit a Fund Management Company referred as Fund Manager to launch a unit trust under the SEC Act. Unit Trusts were introduced to Sri Lanka in 1991 to provide an alternate investment for the people of Sri Lanka to benefit from the capital market. Now let us look the advantages for small investors to invest through a unit trust. I would advocate buying a toehold for now and if it falls, it’s a chance to load the truck! You must already know by now how important your resources are; how crucial it is to manage them. They have to know the difference between their needs and wants. That is why even in the hard times the agents will tell you everything is great because they know rates can change any minute.

You can find an independent fee-only financial advisor through the National Association of Personal Financial Advisors (NAPFA). There are 9 audio broadcasts that you can access from the GuruFocus site or from the iTunes site here. Understanding the DSCR can save you headaches down the road, and help you create the cash flow you are seeking. You can buy or sell ETFs through your stockbroker just like shares. Nokia’s shares hit a decade-low this week, after Nokia’s guidance came in weaker than expectations. Risk appetite had been whetted when minutes of the Federal Reserve’s last meeting showed “many” members wanted to keep rates near zero for longer. I would like to thank all the readers of this blog and the members of the New York Investing meetup for their support throughout 2009. It has been a great year for us. Anyone can summit a question at the bottom of his blog page , I have submitted mine .. Investing in China can have a high pay off, but is usually a very high risk.