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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