Stock Market – Sound Mind Investing

Investing in the stock market is a widely used way of investment in the present day and gives faster returns as compared to any other investment. And you do not have to do any other thing except an initial investment in the right company. Once you do it successfully, you have a financially bright future waiting for you, to give you the reward of your investment. And believe it or not, you can earn much more than you can expect through the stock trade. But as told, your investment has to be wise and made with a mind sound with knowledge. Following are some of the tips you can use for turning your mind sound for investing:Keep Yourself Cool
Keeping yourself cool is a big factor determining your success in the stock trade. Unless you are able to play it coolly, you will probably never be able to incorporate the benefits from your education, training and experience into your investment. In such a case, you will tend to make ruthless and whimsical decisions, no matter how much knowledge and strategy you have. You might be a cool and patient human being normally, but the agitating heat in the trade is enough to boil off even the coolest brain. Pay special care to this factor, therefore, while you trade stocks. The points we discuss further will also help you attain the coolness.The Stock Broker
The stock broker you choose to serve you is also significant in determining the result of the trade. This depends on both the quality of service provided by the broker and the commission he charges. If he charges high commission rates, you can’t afford him for small budget investments. And it is better to take the service of the good brokers for the bigger investments, as their suggestions improve your chances of gaining from the trade. If you want brokers taking very low commission rates, however, you should go for the online stock brokers. These brokers offer very suitable service, as they are cheaper as well as more convenient to trade through.Education
The ups and downs of the stock prices depend on a wide variety of factors. Although all these factors and how they operate in the stock exchange can’t be studied and understood in a single day, you have to have a minimum level of education before you enter the trading. Ask the reliable professionals you know about their experience. Also ask them if they have some suggestions for you. Go to your local library and read a couple of books on stock investing. Learn about the exact process going on there. But, at the end of the day, do use your logic and understanding to firm out your own rules for trading. Use these educated rules while you trade in real time.Learn while you Trade
No book can teach as good as your own experience. Go on learning from your own experience. While you trade, remember every decision you took and how it affected your trading results. Note down, if you can, every trade, the ones you lost in as well as the ones you gained from. This will really help you learn from your own mistakes and the older you grow dealing with stocks, the more expertise you will develop. The most successful traders today have become so because they have vast experience and they learned from every bit of it.Stay Away From Superstitions
For God’s sake, keep away from superstitions. Stock prices do not depend on your dress color or what you had in the breakfast. Concentrate on your education and planning the stock market will be carving your success story with golden ink.

Public Procurement As A Green Investment Incentive In EU Member States

On 18 January 2012, the Irish Government announced its first Green Public Procurement Action Plan. And while there is already some criticism of the “Green Tenders” in cash-strapped Ireland, the action plan is a reminder that public procurement has an environmental side as well since it is a way to promote environmentally friendly enterprises and stimulate more sustainable production. And, according to the EU Environmental Commissioner, green public procurement (GPP) also plays an important role in EU efforts to become a more resource-efficient economy.Generally, GPP refers to the selection of products, works and services with a reduced environmental impact throughout their lifecycle. GPP is usually applied due to environmental considerations such as the reduction of greenhouse gas emissions; however, in some cases GPP can also have an economic slant, since some green products and services are less costly in terms of maintenance and disposal.In the case of Ireland, the purpose of the “Green Tenders” action plan is to assist the Irish public authorities to implement GPP. According to the website of the Irish Department of the Environment, Community and Local Government, public authorities in Ireland spend approximately €14 billion annually on goods, services and works. The idea of the Green Tenders is to use this purchasing power to stimulate the green economy in the country. Among the priority sectors for the Irish GPP action plan are construction, energy, food and catering services as well as ICT. In consequence, companies working in those sectors will have an added incentive for investment in green technologies, so that they qualify to participate in public tenders.Despite the positive influence that the Irish GPP plan is expected to have as regards resource efficiency and the promotion of eco-friendly products and services, the Irish initiative has received a mixed reaction. As an example, according to Independent.ie, the Irish Bioenergy Association (IRBEA) complained that the plan did not outline the role of the public sector in meeting Ireland’s renewable energy targets. Nevertheless, the plan is likely to boost green investment enterprises in the country by promoting eco-innovation.In addition, on a European level, GPP is considered to be an important voluntary instrument for ensuring sustainable consumption and production. Indeed, the European Commission is itself promoting GPP practices, with the current Procurement Directives offering a number of opportunities for the implementation of GPP.Naturally, the benefits of GPP are more visible from the broader EU perspective. According to the European Commission’s handbook “Buying green! A Handbook on green public procurement”, public authorities in Europe spend some €2 trillion each year, which is equivalent to 19 percent of the EU’s GDP. With public expenditure of that magnitude, GPP compliance has the potential to make an impressive impact. Among the green contract examples provided in the Commission handbook are energy efficient computers, office furniture from sustainable timber and electricity from renewable energy sources. The Commission also views GPP as a driver for eco-innovation, especially in those sectors of the economy where public purchasers represent a large share of the market, such as construction and health services.In order for GPP to be really effective, the criteria that apply to the selection of the relevant goods and service providers need to be developed very carefully. The EU has already set out GPP criteria for a number of different product and service groups, with those criteria now being reviewed and updated on a regular basis. The objective is for the EU Member States to be able to insert the criteria directly into tender documents. Besides the importance of GPP criteria with regards to tender procedures, they can also be used as workflow guidelines by green investment companies.The United Nations has a somewhat different procurement approach to that applied across the EU. The UN has adopted Sustainable Public Procurement (SPP), which addresses the three pillars of sustainable development – economic, social and environmental – whereas the EU Member States seem to focus mostly on the environmental aspect of SPP. Nevertheless, there are some public authorities in the EU which try to implement GPP as a part of a broader sustainable procurement strategy.