Page 24 - Pakistan Link - November 10, 2017
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P24  –  PAKISTAN LINK – NOVEMBER 10, 2017                                                                                   COMMENTARY
                            Internet Investors Can Learn                                                Disaster Relief Efforts

                              from Lessons of Early ’90s
                                                                                                                 Rohingya Refugee Support
              n By Saghir Aslam                                      and is now a division of PC maker
              Rawalpindi, Pakistan                                   Compaq Computer.  Apple Comput-
                                                                     er, which helped fuel the PC craze of
            (Th  e following information is                          the late ‘80s, is making a comeback
        provided solely to educate the Mus-                          with its new iMac brand.  But over
        lim community about investing and                            the past decade, the stock has gone
                   fi nancial planning. It                           mostly sideways.
                   is hoped that the Um-                                Microsoft   and  Dell  Computer
                   mah will benefi t from                            will also make the best stocks list
                   this eff ort through                              of the 1990s.  But when they were
                   greater fi nancial em-                            young fries, neither made it into
                   powerment, enabling                               Money’s “All-Pro” list of picks.   US Hurricane Relief       Bangladesh Flood Relief
                   the community to                                     Brokerage fi rms, TV shows and
        live in security and dignity and fulfi ll                    the fi nancial press are never short
        their religious and moral obligations                        of ideas on which stocks will be the
        towards charitable activities)                               next big winners.  But they rarely
            I am sharing with you the dif-                           pan out.  What’s comfortable and
        ference between investment and   as one of the greatest stock-market   obvious to Wall Street is not what
        speculation. Th  ere is nothing bet-  winners of the 1990s.  Aft er going   generally works in the market.
        ter to illustrate an example. I found   public in February 1990, shares of   Th  e best way to fi nd tomorrow’s
        some old information in the internet   the networking pioneer have rock-  big  winner  is  to  watch  the  market
        days when lot of people thought it   eted more than 36,000%.  But it’s   today.  Sniff  out the stocks outper-
        is very easy to make lot of money.   also a silver-platter example of how   forming the rest of the pack in terms
        Sure, some of them to start with look   today’s best stocks can simply come   of earnings growth and relative price   Please visit our website to find out more and donate.
        like they did made good amount of   from nowhere.            strength.  Th  en time your buys just
        money but within a short period of   Some of the newspapers car-  as these leaders emerge from sound   Hidaya Foundation
        time not only all of their profi t was   ried extensive articles about Cisco   price bases.  More oft en than not,
        gone but some of their original in-  the day aft er its successful February   you’ll fi nd yourself purchasing com-
        vestment disappeared as well.   16 IPO.  But Cisco didn’t fade from   panies that most other investors         408.244.3282 | www.hidaya.org
            Th  e guru of investing Warren   view.    April  and  July  1990,  high-  haven’t heard of. (To be continued)
        Buff et did not invest the nickel in   lighted Cisco and other members   (Saghir A. Aslam only explains   Hidaya Foundation is a non-profit 501 (c)(3) charitable organization with Tax ID # 77-0502583
        so called get rich quick scheme; he   of the Computer-Peripheral equip-  strategies and formulas that he has
        stayed out of internet stock and con-  ment group of companies.  Why all   been using. He is merely providing
        tinued his voice investment ideas.  the attention to an unknown?  Cisco   information, and NO ADVICE is   Exchange Rates for Currency Notes*
            Read some of the examples be-  showed uncommonly strong earn-  given. Mr Aslam does not endorse
        low and you will get the true picture   ings  growth, plus  the new shares   or recommend any broker, broker-
        what I am trying to explain, the dif-  were already outperforming most of   age fi rm, or any investment at all,   Countries         Buying        Selling
        ference between investment and   the market.                 nor does he suggest that anyone will                                  Rs.             Rs.
        speculation.                      On the other hand, if you had   earn a profi t when or if they pur-
            To our regular readers, I am   blindly invested in some of the pop-  chase stocks, bonds or any other in-  USA          107.50          107.80
        sure you remember the article I   ular tech names of the 1980s, you   vestments. All stocks or investment   UK                     141.20          142.95
        wrote earlier on the Internet.  I wrote   might be scratching your head today   vehicles mentioned are for illustra-  S.Arabia         28.45            28.65
        to stay away from them, except for   about some of those decisions.  tive purposes only. Mr Aslam is not   Japan              0.90              0.93
        your risk money.  In another article I   Ten years ago, Digital Equip-  an  attorney,  accountant,  real  estate   Euro          124.50          125.70
        suggested that if you can’t live with-  ment chief Ken Olsen scoff ed at the   broker, stockbroker, investment ad-  UAE                     29.20            29.45
        out the internet stock; buy the only   idea of putting personal computers   visor, or certifi ed fi nancial planner.
        one on a steep (major) pullback.    in every household.  At about the   Mr  Aslam does not  have  anything   (*November 9, 2017)
        Watch it very close and have mental   same time, two “All Pro” brokers in   for sale. Th  is article is written in col-
        and actual stop losses.       Money’s survey named Digital a buy.    laboration with Walt Hommerding
            Investors  know  Cisco  Systems   But Olsen’s fi rm slumped in the 90s   of Wells Fargo advisers)
                                                                                                                  US VISA AVAILABILITY IN NOVEMBER  2017
                                                                                                                        For Pakistan, Bangladesh & India
        ATTACK FROM P22               about her relationship with her fa-  good wishes for the progress of Pakistan       Compiled by Hasan Chishti
        Ramadan dinner.               ther and her opinion on Pakistan,” Dr  and prosperity of its people.
            Th  e local FBI offi  ce, which be-  Ahmed told Views and News about   (Ift ikhar Ali is a veteran Pakistani
        gan meeting with Paterson Muslims   the interview which appeared in full in  journalist, former president of UN Cor-
        in 1999, said tips and other infor-  his book Jinnah, Pakistan and Islamic  respondents Association, and recipient   FAMILY SPONSORED PREFERENCES    Pakistan/Bangladesh           India
        mation from the Muslim commu-  Identity.                    of Pride of Performance civil award)
        nity were extremely helpful aft er   She was highly intelligent and                        1     Unmarried sons & daughters
                                                                                                    st
        the Sept. 11, 2001, attacks, and they   sharp and although she had a formal   REFORMIST FROM P20
        praised local residents who served as   exterior appearance, Wadia was a kind    issued a public statement overnight           of US Citizens                                          Jan., 22, 2011              Jan., 22, 2011
        translators  when  investigators  con-  person, Dr Ahmed says about her per-  saying it is an Islamic duty to fi ght
        ducted interviews.            sonality.                     corruption essentially giving reli-  2-A  Spouses and unmarried
            Worries over discrimination   But “in a sense, she was tragically   gious backing to the high-level ar-          Children of permanent residents                Nov., 15, 2015            Nov., 15, 2015
        against Muslims in New Jersey con-  caught between the two countries,” Dr   rests.
        tinue, however, in part because of   Ahmed says.                Prominent names: Th  e Saudi   2-B  Unmarried sons & daughters (21 years
        eff orts by some towns to thwart con-  “She was the daughter of the   government says the arrests are part           of age or older) of permanent residents)    Nov., 15,  2010            Nov., 15, 2010
        struction of mosques.         founder of Pakistan but chose to re-  of a wider eff ort to increase trans-
            Many people here worry that   main in India.”           parency,  accountability and good   3    Married sons & daughters of US citizens   Aug., 15, 2005             Aug., 15, 2005
                                                                                                    rd
        President  Donald  Trump’s  state-  Regarding the diff erences be-  governance, key reforms needed to
        ments — including calling Saipov an   tween the Quaid and Wadia over her   attract greater international invest-  4    Brothers & sisters of adult U.S. citizens     May  22, 2004              Oct.,  22, 2003
                                                                                                    th
        “animal” — will infl ame tensions.  wedding, Prof. Akbar Ahmed says the   ments and appease a Saudi public
            Aref Assaf, a Palestinian active   father and daughter made up when the   that has for decades complained of
        in Paterson’s Muslim community,   Quaid-i-Azam was attacked and she   rampant government corruption   EMPLOYMENT  BASED  CATEGORY
        said Muslims have been at the fore-  came rushing to see him.  and misuse of public funds by top
                                                                                                    st
        front of eff orts to counter extrem-  “Th  ey made up, and Wadia said   offi  cials. Surprise moves reshaping   1     Priority workers                                         Current                         Current
        ism.                          they would talk regularly on phone.”  the kingdom, however, are likely to
            “Th  is guilt by association is   Wadia visited Pakistan to watch   worry investors.   2    Members of the professions holding
                                                                                                    nd
        hurtful for those of us who are work-  a cricket match between Pakistan and   Among those reportedly taken           advanced degree or persons of
        ing so hard to see this curse wiped   India more than a decade ago. She also   into custody were two sons of the           exceptional ability                                      Current                        Oct., 8, 2008
        from  the face of  the  Earth,”  Assaf   went to the mausoleum of her father   late King Abdullah: Prince Miteb
        said. (AP Religion Writer Rachel   and wished his dream of Pakistan may   bin Abdullah, who Saturday eve-  3     Skilled workers                                          Current                        Oct., 15, 2006
                                                                                                    rd
        Zoll and reporter Deepti Hajela con-  come true.            ning was ousted from his post as            Other workers                                            Current                        Oct., 15, 2006
        tributed to this report. AP)      In New York, Dina Wadia attend-  head of the prestigious National
                                      ed a reception at the Pakistani Mission   Guard tasked with protecting the Al
                                                                                                    th
        DINA FROM P3                  to the UN in 1976 at an event mark-  Saud family, and Prince Turki bin   4      Certain special immigrants                        Current                        Current
        of Pakistan.                  ing the 100th birth anniversary of her   Abdullah, who was once governor            Certain religious workers                           Current                        Current
            “She gave one of her rare in-  father.                  of Riyadh.
                                                                                                    th
        terviews. Aft er some reluctance, she   Wadia was warmly received by   Prince Miteb was once consid-  5      Non-regional Centers                                 Current                        Current
        agreed to be part of the documentary.   Pakistan’s Ambassador at that time,   ered a contender for the throne,            Regional Centers                                       Current                        Current
        In this interview we learnt a great deal   Iqbal Akhund and she extended her   REFORMIST, P28

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