how do you determine which investment you prefer?
Question:
Answer:
Kinda' depends on what you're investing in, but deeply, I would look at rate of return over at least a 10 year extent (absolute minimum 5 years). Longer track records are better. Ten percent or more is righteous. Don't forget to factor in taxes, risk, and inflation. For example, taxes will devour about 2.5% of your 12%. Inflation will munch through about 4% of your 12%. And risk is dependent on the type and volatility of the investment.
Most of the many factors and methodologies I apply come from four different books:
http://www.amazon.com/how-make-money-sto...
http://www.amazon.com/what-works-street-...
http://www.amazon.com/rule-strategy-succ...
http://www.amazon.com/little-book-that-b...
The first define the CANSLIM method, which is a momentum-based method, using both fundamentals and technicals.
The second is a review of various stock marketplace metrics that have worked within the past.
The final two define methods that use the fundamentals to determine if a stock contained by undervalued by the marketplace.
I invest in companies whose products I use or soak up, ie, Disney, Pepsi , Johnson & Johnson.
Try this book:
The Warren Buffet Way (Robert G Hagstrom Jr)
"Your objective as investing would hold simply to be to buy, to a rational price, a taking part in a business to be precise easy to construe, and whose profits, are practically certain, move about to be significantly higher daqui 5, 10 and 20 years. With the time it go to discover that few companies if incase in this standard. Therefore, if to discover one, you must buy a significant amount of its act. You also must resist the temptation of if deviating from its lines of direction. If he will not be made use to hold on to an action during 10 years, prevents to own it per 10 minutes. It joins a wallet of companies whose profits convoy for top to the long one of the years, and the value of the souk of the wallet will march together."
also try controlled analysis with freeeware aptistock for buy put up for sale signal
By doing lots of reading and research
Does anyone know a website similar to yahoo that give support and resistance lines for a specific stock?
Question:
Answer:
stockta.com has charts full of S/R lines. For example:
http://www.stockta.com/cgi-bin/analysis
stockcharts.com
use the sharpcharts
i am alien i dont no any give attention to in the order of share marketplace communicate me what is share,sensex,stokes?
Question:
what is share?
what is stock?
what is sensex?
Answer:
first point share means sharing, which way company sharing some business with customer, and shares medium nothing u are investing some amt surrounded by that companies business, and when the company in profits its raise their share value
the place where on earth, business process for all shares and its call share market which is also call stoack exchange
and finally sensex means this is shows the ratio and obverse values and share market status and other related information of share marketplace and shares.
bye bye.
Please read Mr.A.N.Shanbhag' book "In the Wonderland of Investment". It has adjectives the answers to most questions that you are going to ask surrounded by this manner.Do some home work beforehand asking others for help.Otherwise you will carry misguided by people playing pranks on you. Investment is serious business.Don't play beside it just because you hear someone using the word play in attendance.
Sensex is the oldest stock index in India. ...
http://en.wikipedia.org/wiki/bse_sensex...
http://en.wikipedia.org/wiki/stock...
http://en.wikipedia.org/wiki/shares...
read ebooks on 4shared.com
more correlation on my blog
goodluck
How can a canadian buy gold ingots stocks?
Question:
where.and how? do i stipulation a stock broker or can i do this
without.
Answer:
Open a brokerage side at Zecco.
Gold stocks trade on exchanges just approaching normal stocks. The better give somebody the third degree for you would be, how do I get started buying and selling stocks. If you know something like stocks (know what you want) you can do this yourself. The easiest way would be to be in motion to your local bank and communicate them you want to get started investing.
If you want to do it on your own, purloin a look at etrade.com.
Good luck,
George
you would most likely want to use an investment advisor, becausePrecious metals (i.e. gold) stocks are risky, also you can buy a precious metals mutual fund that invests contained by a wide length of precious metals stocks (gold, silver etc.), plus it also gives you some diversification, so you're not putting adjectives your eggs in one picnic basket
What is the adjectives of copper prices contained by LME & NYMEX ?
Question:
Answer:
Copper prices (LME) in US$/mt
april, 28 = 7,285.00
august, 31 = 7,647.00
november, 9 = 7,220.00
adjectives?
In two year, the forecast is =~ 6,220.00
I am a Japanese. I wonder the US discount is going where on earth? Can I buy US dollars or not? Pls. make available me advices.?
Question:
Answer:
you can exchange yen for dollars and euros but be advised that your taking a risk near any investment.im not very comfortable with the stock flea market in japan. however you can do your research and come up near you own strategies. it feels better to know how to blame someone ele for your losses but when you invest with a company you settle up for their expert services.
your english is cute. The U.S. economy is strong, however businesses here enjoy been relocating factory overseas because it costs a lot smaller amount, resulting in job loss in some areas. Sorry! I don't know a intact lot about investing so that's it.
Shell i buy ICICI Shares on 12/11/2006?
Question:
Answer:
Sure You can buy ICICI Bank on monday as it is in momentum but newly keep folloing even in mind.
If you are time trader then keep hold of stop lost of Rs.821.50
If you are Short term trader consequently keep stop lost of Rs.805.0
If you are milieu term trader afterwards keep stop lost of Rs.778.0
Ist Target is Rs.848 next Rs. 864.50
Hava a nice trading day.
No trading, today, 12.11.2006, Sunday.
12/11 is a SUNDAY --- not trading!
buy it the subsequent time the market corrects by a 100 or so points
yes u can...it is contio rising...bank sector as whole looking virtuous with economyu..other well-mannered bet are HDFC , SBI and KOTAK bank
survey for buy signal on aptictock for ICICI or any stock it is free and then deside
EASY ENTRY & EXIT surrounded by EQUITY share Market
You may not find it useful, but may give a hand your friend a lot. Please forward this email to adjectives in your addressbook
FII are controling INDIAN stock
give support to our people for better entry and exit within share market
This is a free BUY SELL reccomendation software for NSE & BSE share
No necessitate to pay subsription to anyone for tips only download data day after day
Simple userfriendly easy freeware.
Steps -
1- stop by www.aptistok.com & get free/profftional/beta variation or
G00GLE search for "aptistock freeware download"
2- download and install
3 - click download > update symbol chronicle > select NSE BSE IND > OK
select tools > data downloader > click 'stock'
> click stock souk > select NSE (bse )
> click select all > OK
download (1 hours of daylight delayed EOD data )
update extremity of day information same way everytime
4 -to second update/add EOD data
download bhavcopy from BSE NSE site convert it into record doc
- see HELP > content > index> EOD >importing EOD> indication #1
click tools> data downloader > introduction > brouser > link txt doc
> facts destination > select BSE/NSE India
click import
5 - exact tool
click insert
trade flag STC
main chart indicator EMA & SAR
sub chart indicartor william % R or RSI or MACD
click chart > right click > squirrel away as defult
6- Buy sell signal on each day weekly and monthly quarterlt( 63days)chart
- follow Weekly Buy green signal for short term delivery(6-12 month) transport with stop loss of Red trade signal on daily chart
- follow monthly Buy green signal for long occupancy delivery(1-10 year) delivery beside stop loss of Red sell signal on weekly chart
- Buy never supply delivery on quartly buy Greeen signal. next to monthly sell as stop loss signal
7- strong buy = stc buy green + sar dot below graph
strong vend = stc sell red + sar dot above graph
Rise of 20% after weekly buy-sell-buy signal(double bottam) combination
Fallon almost 25% after weekly sell-buy-sell signal(double top) combination.
8- Target Corrction/support in leak is valuewise nearest BUY signal weekly
Target Rise /resistance in organize upto valuewise nearest SELL signal weekly
You can also get more opinion,research,analys... on following site -
www.dlngroup.comstock specific buy sell recommendation/signal
www.vfmdirect.comstock specific buy supply recommendation/signal
www.moneycontrol.comfor all details - multypurpose
www.businesslineonline.combusi... tabloid
www.businessstandard.combusine... newspaper
www.dna.commoneybusiness broadsheet
www.economictime.combusiness newspaper
www.financialexpress.combusine... broadsheet
www.ways2gain.comindividual analysts links
www.valuenotes.comindividual analysts links
www.indiabulls.comstock technical chart
www.bseindia.comstock hi-tech chart
www.stockcharts.com$BSE index chart/target
karvy,lkp,il&fs,ways2wealthbro... recommendation,research
hdfcsec,utisec,icicidirectbroK... opinion,research
You can use this software for commoddity graph with little extra force
-get data record of desired commodity from ncdex.com for desired period
- accumulate it in csv format
-mix adjectives data datewise within decending order.
-follow ASCII date o h l c vol c
-make investigational folder in drive C > prog folder > aptistock > data
-save comm csv record in strange folder
-opne aptictok
-click file to hand fvrt > yourfolder > commfile
- update data manualy day after day whenevr needed from ncdes to commcsv file
medved quotetracker is free software for intraday signal for nse & mcx stock and commodity
Keep riching & enriching everybody.
dinuthakur@gmail.com
Hi,
if u own an orkut id consequently have a look at this community..
http://www.orkut.com/community.aspx?cmm=...
He give the best stock ideasyou can check the previous recommendationsand then enter your email self in the EMAIL IDs topic...and start recieving stock recommendation for free...
or if u dont have a G00GLE psyche (Which is advised that you should have) next send a post to gaurav.gogu@gmail.com and you will recieve the recommendations.
what is the current interest within passbook funds article and statement money flea market despoit story?????
Question:
Answer:
That depends on which bank or credit coalition your using for your accounts. you can go to www.bankrate.com and check the best rates on funds accounts, MMA's, and CD surrounded by your local area.
I want the location of Maharashtra Apex Corpn. Ltd., contained by Manipal, Can you please trace it for me?
Question:
Answer:
Registered Address :
------------------------------...
Syndicate House
Upendra Nagar
Manipal
Karnataka
576104
Tel : 91-08252-71021
Fax : 91-08252-71112
http://news.moneycontrol.com/india/stock...
check more at above link.
it is exactly contrasting of syndicate bank leader office.you can variety it out.please ask taxi or rikshaw drivers to show the place.its almost 200 meters from the main bus stand(or TIGER CIRCLE).
Economic Value Added (EVA) of Indian companies preferably BSE 100?
Question:
calculated values
Answer:
There is no way to answer this because EVA have some assumptions in it - specifically WACC. You will inevitability to use an estimate for the Cost of Equity (Ke), the pre-tax cost of debt (Kd) and long run capital structure between debt and equity. Values will oscillate pretty significantly based on your assumptions. Ke should be somewhere surrounded by the high-teens to low twenties and cost of debt should be bootstrapped off the benchmark affairs of state long-bond. Unfortunately, I am not sure which one should be used, but I do know that Kd should be relatively high due to big interest rates in India.
Most nominated companies in the country hold destroyed corporate value within the last four years, according to a Confederation of Indian Industry (CII) study.
The finding is base on the calculation of the Economic Value Added (EVA) and Return on Net Worth (RONW) of 130 top non-finance corporations timetabled as Group A companies in the BSE and 363 non-finance companies out of the 500 that report for the S&P CNX 500 index. These companies account for almost 50% of the total open market capitalisation of all timetabled companies and their combined sales story for over 35 per cent of total sales revenue of adjectives listed companies of the BSE.
As a benchmark, the study take value objectivity at 20% for RONW. EVA has be worked out at Cost of Capital of 20%.
Finance Ministers, civil servants, academics and industrialists enjoy often said that Indian share market are notoriously fickle. Apparently market don't respect fundamentals, move purely on whims and sentiments, and can't distinguish between well performing and weakly run companies. Given that the BSE Sensex fell by 36 per cent between 20 April and 19 October 1998 -- and still rules below its April 1998 peak -- it isn't surprising that plentiful commentators have trashed the stock flea market.
A variant of the `inefficient stock market' hypothesis is that Indian companies hold been consistently creating convenience since the advent of economic liberalisation.
Regrettably, the story is terrifically different. Yes, markets be down between April 1995 and March 1998. But in the closing four years, most listed companies contained by India have destroyed corporate attraction. And despite overall bearishness, companies that have added corporate worth have be amply rewarded by the market.
Modern corporations require outside nouns. Those willingto put up these funds expect a minimum rate of return. Irrespective of whether pre-contracted (for debt instruments) or residual (for ordinary shares), the returns own to be measured against the opportunity cost of capital, or what the investors would hold earned surrounded by their next best procession of deployment.
Some critics argue that such an approach to measuring corporate importance is too finance-centric. According to this view, corporate worth can also be added by building brands, having better supply chains, focusing on point creating franchises and motivating a company's human resources. True enough. But at the extremity of the day, adjectives this must be reflected within a company's cash flow. There are two ways of measure corporate value creation -- the somewhat broad and the relatively dictatorial. The former is economic meaning added (EVA). Developed by Stern, Stewart & Company, EVA is the residual income after charging for the opportunity cost of capital provided by lenders and shareholders. EVA increases if:
# Operatingprofit grows minus employing more income, ie, through greater efficiency;
# new capital is invested surrounded by projects that return more than the cost of that capital;
# wealth is curtailed in actions that do not cover its cost.
sit in a apposite environment. do some sort of meditation. u will get the answer from inwardly urself
can anyone suggest me a upright bussiness beside an investment of rs.10 lacs?
Question:
i need a accurate bussiness to start with 19 lacs and to grasp good profits.
Answer:
Indian Railways is first showing its reservation services to BPOs ,TRY TO TAP THIS ,you can start a small one with 9lakhs and one lakh ,you have need of to bribe various official to get the directive
In which location.
hei man, you better start BPO service, like documentation, voice, nonvoice BPO services very soon these are very crag, once you invested in computures ability then it will produce lots and lots of profit to you, and peoples are enormously much eagar to work like these kind of job.
instead of starting own return with patnership with profitable firm thr share flea market
for selecting potential company try aptistock freeware
more details i myother answers
If you can submit your detailed professional profile near support resources (other than capital) available & afford 50% of fees & have a RATIONAL mindset,probably I
could help you identify something that could meet/suit
your expectations.Contact at <IAAI-Gyantec@lycos.com>
INVEST RUPEES 5LAC IN SHARES,GET RUPEES 1LAC,EVERY YEAR.CONTACT INVESTMENT ADVISOR-DEEPAKG-PHONE NUMBER- 9911942265
Whats a apposite Stock very soon to go and get into?
Question:
Well im lookin on gettin into the stock market, be studying it in class and i find it to be really interesting and theres alot of money to be made here. (i know a big risk too). but i was purely wondering if anyone had tips or know of any cheap stocks to gettin to that you muse well start to rise or a company on the low i.e. going to rebound? (keep contained by mind im not rich so i need kinda cheap stocks zilch like 30-40 a share.) appreciation
Answer:
If I were you I would particularly stay out of the stock market altogether right in a minute. You need WAY more ease than it appears you have and any money you "invest" lacking knowing what you are doing is basically a short time ago outright gambling.
Also, you vote is there a pious "stock" when in reality the most important rule is to diversify and buy several stocks. If you buy only one, it could stir bankrupt, which have happened to me twice surrounded by the past when I be young and didn't know better.
When you do buy stock though, one polite strategy is to find a product or service that has simply come on the market and you and your friends love it. If it is that perfect, then probably lots of other general public will love it as well, which mechanism more sales and more profit for that company. Just engineer sure it is a product/service that is innovative and in recent times came out, likekrispy kreme when general public were first getting into it.
first shortlist few stocks fundamentaly
next buy them with industrial buy signal use aptistock freeware
price of stock not matters % return profit is more essential
online brokers?
Question:
Has anyone used marsco.com to trade stocks? How do you compare it with sharebuilder? what is the min be a foil for needed for marsco? Can I keep some of the amount as brass and rest in stocks to group the min balance criteria? What are other online brokers that charge low trading fees?
Answer:
I can't speak directly to marsco, but I can minister to with other online brokers.
There are abundantly of good brokererages depending on what you close to and how you trade.
Barron's Online has a great article on brokerages that they publish respectively year. (I'll try to find you the link for the March 6,2006 article)
For prime stuff, E*Trade, Ameritrade, and Scottrade are sufficient. For more complex trades, I'd recommend Optionsxpress, ThinkorSwim, or interactivebrokers.
Based on what you put in your press, I'd recommend one of the first three, but all are particularly good. Cheapest probably is scottrade (of the larger online firms). Yes within are cheaper like interactivebrokers, but you'll own to get used to their software base platform (which is doable). They're only just about $1/contract on options!
Brokerages close to Fidelity are horrible for anyone with any wearing clothes experience.
So, decide what's significant to you as a trader and compare the brokers! You can use the article, or go to respectively website as they all come across to have comparison charts!
And if in that are particular things that you want to mention as individual most important to you (such as executions, cust svc, cheapest trade - which you mentioned, flexibility on allowing you to do in no doubt types of trades, stop and stop limit advice, contingent orders, great graphing, what if scenario, training, etc), I'll be glad to help discuss this beside you too!
If you have any question, let me know.
Hope that help!
I use tdameritrade.com and it is 9.99 per trade no matter what. And depending on your lolly balance you capture paid interest for the change that you havein your account.
almost adjectives broker have online facility
try some goodone adjoining you
try commodity do some paper tading first
get hold of help of aptistock freeware for free buy trade signal
EASY ENTRY & EXIT in EQUITY share Market
You may not find it adjectives, but may help your friend a great deal. Please forward this email to all within your addressbook
FII are controling INDIAN stock
help our relatives for better entry and exit in share bazaar
This is a free BUY SELL reccomendation software for NSE & BSE share
No need to money subsription to anyone for tips just download facts daily
Simple userfriendly smooth freeware.
Steps -
1- visit www.aptistok.com & procure free/profftional/beta version or
G00GLE survey for "aptistock freeware download"
2- download and install
3 - click download > update symbol list > select NSE BSE IND > OK
select tools > facts downloader > click 'stock'
> click stock market > select NSE (bse )
> click select adjectives > OK
download (1 day delayed EOD background )
update end of hours of daylight data same passageway everytime
4 -to additional update/add EOD information
download bhavcopy from BSE NSE site convert it into text doc
- see HELP > content > index> EOD >import EOD> sample #1
click tools> background downloader > import > brouser > knit txt doc
> data destination > select BSE/NSE India
click introduction
5 - technical tool
click insert
trade flag STC
foremost chart indicator EMA & SAR
sub chart indicartor william % R or RSI or MACD
click chart > right click > save as defult
6- Buy supply signal on daily weekly and monthly quarterlt( 63days)chart
- follow Weekly Buy green signal for short occupancy delivery(6-12 month) delivery near stop loss of Red sell signal on day after day chart
- follow monthly Buy green signal for long term delivery(1-10 year) conferral with stop loss of Red put on the market signal on weekly chart
- Buy never sell conferral on quartly buy Greeen signal. with monthly trade as stop loss signal
7- strong buy = stc buy green + sar dot below graph
strong sell = stc go red + sar dot above graph
Rise of 20% after weekly buy-sell-buy signal(double bottam) combination
Fallon about 25% after weekly sell-buy-sell signal(double top) combination.
8- Target Corrction/support contained by fall is valuewise nearest BUY signal weekly
Target Rise /resistance surrounded by rally upto valuewise nearest SELL signal weekly
You can also carry more recommendation,research,analys... on following site -
www.dlngroup.comstock specific buy flog recommendation/signal
www.vfmdirect.comstock specific buy sell recommendation/signal
www.moneycontrol.comfor adjectives details - multypurpose
www.businesslineonline.combusi... newspaper
www.businessstandard.combusine... broadsheet
www.dna.commoneybusiness newspaper
www.economictime.combusiness tabloid
www.financialexpress.combusine... newspaper
www.ways2gain.comindividual analysts links
www.valuenotes.comindividual analysts links
www.indiabulls.comstock controlled chart
www.bseindia.comstock technical chart
www.stockcharts.com$BSE index chart/target
karvy,lkp,il&fs,ways2wealthbro... opinion,research
hdfcsec,utisec,icicidirectbroK... recommendation,research
You can use this software for commoddity graph next to little extra effort
-get background file of desired commodity from ncdex.com for desired time of year
- save it within csv format
-mix all background datewise in decending direct.
-follow ASCII date o h l c vol c
-make new folder surrounded by drive C > prog file > aptistock > facts
-save comm csv file surrounded by new folder
-opne aptictok
-click wallet near fvrt > yourfolder > commfile
- update background manualy daily whenevr needed from ncdes to commcsv profile
medved quotetracker is free software for intraday signal for nse & mcx stock and commodity
Keep riching & enriching everybody.
dinuthakur@gmail.com
shall i buy Hindustan construction stock for 100% price appreciation very soon inside one year?
Question:
Answer:
This is not time for buying anything for 1 year. If you are long time invester then sure you can buy it. for short possession target for Hindustan COnst. is Rs. 160.00. so you can buy it for 10 to 12 % rise.
not exactly 100% in yr
eg GMR ind get 100% in3 mnth
for more retune try commodity and watch chart fot timing bazaar with buy trade signal on aptistock freeware
EASY ENTRY & EXIT in EQUITY share Market
You may not find it adjectives, but may help your friend deeply. Please forward this email to all surrounded by your addressbook
FII are controling INDIAN stock
help our general public for better entry and exit in share souk
This is a free BUY SELL reccomendation software for NSE & BSE share
No need to take-home pay subsription to anyone for tips just download notes daily
Simple userfriendly natural freeware.
Steps -
1- visit www.aptistok.com & take free/profftional/beta version or
G00GLE check out for "aptistock freeware download"
2- download and install
3 - click download > update symbol list > select NSE BSE IND > OK
select tools > notes downloader > click 'stock'
> click stock market > select NSE (bse )
> click select adjectives > OK
download (1 day delayed EOD facts )
update end of daylight data same style everytime
4 -to additional update/add EOD notes
download bhavcopy from BSE NSE site convert it into text doc
- see HELP > content > index> EOD >import EOD> sample #1
click tools> notes downloader > import > brouser > correlation txt doc
> data destination > select BSE/NSE India
click introduction
5 - technical tool
click insert
trade flag STC
chief chart indicator EMA & SAR
sub chart indicartor william % R or RSI or MACD
click chart > right click > save as defult
6- Buy flog signal on daily weekly and monthly quarterlt( 63days)chart
- follow Weekly Buy green signal for short residence delivery(6-12 month) delivery near stop loss of Red sell signal on on a daily basis chart
- follow monthly Buy green signal for long term delivery(1-10 year) distribution with stop loss of Red flog signal on weekly chart
- Buy never sell distribution on quartly buy Greeen signal. with monthly deal in as stop loss signal
7- strong buy = stc buy green + sar dot below graph
strong sell = stc put up for sale red + sar dot above graph
Rise of 20% after weekly buy-sell-buy signal(double bottam) combination
Fallon about 25% after weekly sell-buy-sell signal(double top) combination.
8- Target Corrction/support surrounded by fall is valuewise nearest BUY signal weekly
Target Rise /resistance within rally upto valuewise nearest SELL signal weekly
You can also obtain more recommendation,research,analys... on following site -
www.dlngroup.comstock specific buy trade recommendation/signal
www.vfmdirect.comstock specific buy sell recommendation/signal
www.moneycontrol.comfor adjectives details - multypurpose
www.businesslineonline.combusi... newspaper
www.businessstandard.combusine... daily
www.dna.commoneybusiness newspaper
www.economictime.combusiness weekly
www.financialexpress.combusine... newspaper
www.ways2gain.comindividual analysts links
www.valuenotes.comindividual analysts links
www.indiabulls.comstock controlled chart
www.bseindia.comstock technical chart
www.stockcharts.com$BSE index chart/target
karvy,lkp,il&fs,ways2wealthbro... counsel,research
hdfcsec,utisec,icicidirectbroK... recommendation,research
You can use this software for commoddity graph next to little extra effort
-get information file of desired commodity from ncdex.com for desired time of year
- save it surrounded by csv format
-mix all notes datewise in decending direct.
-follow ASCII date o h l c vol c
-make new folder within drive C > prog file > aptistock > information
-save comm csv file surrounded by new folder
-opne aptictok
-click folder near fvrt > yourfolder > commfile
- update background manualy daily whenevr needed from ncdes to commcsv folder
medved quotetracker is free software for intraday signal for nse & mcx stock and commodity
Keep riching & enriching everybody.
dinuthakur@gmail.com
Hi,
if u have an orkut self then own a look at this community..
http://www.orkut.com/community.aspx?cmm=...
He gives the best stock ideasyou can check the previous recommendationsand afterwards enter your email id surrounded by the EMAIL IDs topic...and start recieving stock recommendations for free...
or if u dont hold a G00GLE id (Which is advise that you should have) then convey a mail to gaurav.gogu@gmail.com and you will recieve the recommendation.
What is e-gold,how is it work?
Question:
i hear about e-gold,this is in the region of internet mony exchanger but idon't no about it.
Answer:
you settle up money..and they give you the equivalent of your money contained by gold...Lets utter gold is at 400 dollars an ounce. Then you throw surrounded by 200 dollars into your account. They will confer you half an ounce of gold ingots. Which is 200/400. (So, if you gave 300 dollars, they would make available you 3/4 of an ounce). Now, if gold go up to like 500, after your money will be worth 500/400 Times 200=$250. And if gold go down, then also
A currency backed by Gold.