Stock Exchange History & Origins

Hi to you all,
Just want to bring to you all an insight regarding the 'stock market'. I've had a few earnings myself and thus would like to share what little I may have. In 2007, I earned over 5,000 PGK (PNG Kina), within 7 months investing on a local market, and in my home country its a fortune. Anyway, for the momment..., we must go back in time and search the roots of the market.

The history of Stock Exchanges dates back over some 749 years to 1262 when the Government of Venice, unable to repay the temporary forced loans still outstanding, converted them into permanent National Debt in the form of bonds. These bonds could be traded in the market place.

The idea gradually spread and in 1693, William III established the English National Debt. The merchant brokers of the Royal Exchange would often act as intermediaries or agents in matching buyers and sellers of these bonds.

Some of the romance associated with the Stock Exchange originates from these times. Because of the types of companies whose shares were traded such as the East India Company, Bank of England, South Sea Company and the Africa Company there rose a strong sense of "new" adventures and romantic voyages to the newfound lands. The brokers mainly bought or sold on thier own behalf or on behalf of very wealthy people thus the fallancy was born that the stock market is only for the rich.

Its is interesting to note that even today many people look to the stock market as a place where mystery abounds and where only the wealthy can enter. This is not so. Clearly, the origin of stock broking is not found in "modern" times but first came and in shares in joint stock companies.

Merry Christmas to all!

Hi all,
Just letting you's know that Im new to this blogging stuff..., but hey, its always fun to dip your finger into something you have no idea of. You never know (if you know what I mean!), its heaps of fun in the end.

Anyway, I'd like to bring to you, in this blog, a range of images (which you might find yourself interesting) from the land, the sea and the air..., but most certainly not the outerspace. All this, of course, will bring to you in the new year. As I get all my gear ready and head into the rural parts of my home province.

For now, I would like to say to you all;

-ENJOY your CHRISTMAS........,with Alice

-or a relaxing one at home

-and certainly (if you drink), a few cold ones will do

-please shaaaaaaarrrreee......limit your drinking too. So its 'Goodbye' and 'Bamahuta' from here.

ENJOY AND HAVE FUN....... SEE YOU ALL IN 2011.