Saturday, August 28, 2010

What are little trinkets I could make to raise money for Japan?

What are little trinkets I could make to raise money for Japan?
My school's art club is trying to think of something to make and sell in order to sell to raise money for Japan. I need ideas.
Other - Arts & Humanities - 1 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Make little cell phone charms, they are easy to make and they are popular in Japan. Here is a cute one so you can see what they look like: http://www.made-by-kali.com/2007/08/30/how-to-make-a-bead-cell-phone-charm-or-zipper-pull/




Saturday, August 14, 2010

How would I make money off of borrowing money from Japan and investing in another country with high interest?

How would I make money off of borrowing money from Japan and investing in another country with high interest?
I have a relative in Japan. His mother-in-law wanted to sell a couple of her homes and put the money in bank accounts that have higher interest rates abroad. Is this legal? and how should she go about it? Which country would be ideal to invest in? Indonesia? Philippines? Malaysia?
Personal Finance - 4 Answers
Random Answers, Critics, Comments, Opinions :
1 :
You bet . . . research Carry Trade - same principle.
2 :
That would depend upon Japanese law, a subject of which I have no knowledge whatsoever. However, one guideline is pretty much universal: The higher the rate of return, the higher the risk involved.
3 :
Sure it's legal. However (and this is important), your return on investment must take into account BOTH the interest on the investment and the exchange rate between the two countries. If you are in Japan and want to invest in the US, you first have to exchange yen for dollars at the current exchange rate, then invest the dollars. Eventually, you will have to convert the dollars (principal and interest) back into yen at whatever the exchange rate is at the time you convert back. You would earn the higher interest rate, but you could either lose or make money on the exchange of currencies.
4 :
it legal i have a sister in law that does it but once like poster three said she lost money because of the exchange rate!!!



Saturday, August 7, 2010

How much money do basketball players in Japan make?

How much money do basketball players in Japan make?
How much money do basketball players in Japan make? Examples of players will be great.
Basketball - 1 Answers
Random Answers, Critics, Comments, Opinions :
1 :
I'm almost positive they don't have pro basketball players in Japan.



Sunday, August 1, 2010

Do Foreign basketball players in Japan make alot of money?

Do Foreign basketball players in Japan make alot of money?
Do Foreign basketball players in Japan make alot of money?
Basketball - 4 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Oh yeah. A lot. but it's probably equivalent to 10,000 dollars in American dollars
2 :
They make a lot more in China than Japan. Japan doesn't really high a high end basketball league.
3 :
Yeah they make alot of money in theyre currency like yen or something but they dont make that much in american dollars thats why when they do make it in the nba they are very happy. Haha
4 :
What do you call a lot? If a lot = $100k then yes especially when you consider the housing subsidy given to athletes and translators/tutors. Now I haven’t heard of anyone making $500 or $600k in hoops over there like China has kicked out to a few players (mostly to bring notoriety to their league), but it’s not impossible (although unlikely). The big $ for U.S. athletes and coaches are in baseball. Ignore Shelton & Kent! The Yen is paying north of 80 for $1, but don’t think you can take $10 over to Tokyo and live it big. That city makes Manhattan look like a cheap place to live and the other major cities (where pro teams are) don’t exactly give you big time relief as a move from NYC to Memphis. Remember Japan is the second largest (soon to be third largest) economy in the world with nowhere near our population.