My First Investing/Trading Books

When I was learning about investing in the stock market, I needed books for more information. There are a lot of free pdf on the web but the books that I like, I want to have a hard copy of it so that my children maybe can read it someday. Maybe that will be the legacy that I'll be leaving them. I want them to know money management as it is very important. If only I have known that when we were kids, maybe I have chosen a different path. So, I went to check the bookstore and EXPENSIVE!! I searched for online bookstores that offers affordable books like amazon and I found at about BOOK DEPOSITORY. These are my first books. Jesse Livermore's Methods of Trading in Stocks - Richard Wyckoff This was my first ever book about trading. It has only 32 pages and can be read in one sitting but full of information. It tells about how Livermore's preparation before and after trading, money management, news, stocks to trade and pyramiding.   How To Trade in Stocks - Jesse Li

Australia July 2018 Changes


Changes to point-based skilled migration
Australia’s skilled migration program is a points-based system designed to attract highly qualified and experienced professionals to best meet Australia’s skills needs.
There are a number of skilled migration visas that require applicants to score a minimum number of points to qualify for permanent skilled migration.  
The government announced that from 1 July 2018 the points threshold will now be increased from 60 to 65 for skilled – independent, nominated and regional sponsored visa categories. 
Global Talent Visa scheme
The Global Talent Scheme will commence in July 2018 on a trial basis for 12 months.
The visa scheme aims to attract highly skilled workers to deliver innovation to Australia’s tech industry. It consist of two streams - start-up stream and established business stream.
In order to sponsor the foreign workers, the employers will first need to prove their track record of hiring and training Australian workers.
According to migration agent Ranbir Singh, the scheme is similar to existing entrepreneur visa and it may have been introduced to complement the skill shortage generated after the closure of the controversial 457 visa scheme.  
Increase in visa fees
Application charges for some Australian visas are going up on 1 July 2018.
The government is hoping to generate $410 million dollars over a four-year period from 2017 to 2021.
In partner visa applications, the prospective applicant will now need to pay $7,160 instead of $7,000.
The fee for Business Innovation and Investment (Subclass 188 Provisional) visa in the Premium Investor stream will record the highest hike of $190. Applicants will now have to pay $8,770 instead of $8,580. 
Skilled partner age limit lowered for Australian permanent visas
The latest set of changes introduced to skilled permanent visas has lowered the maximum age of a skilled partner to 45 for which an applicant can claim additional points in the general points test.
Earlier, applicants for general skilled visas whose spouses and de facto partners were under 50 years of age, were able to claim additional five points.
The changes introduced will apply to Skilled Independent visas Subclass 189 and Subclass 190 and Skilled Regional Subclass 489 with effect from 1 July 2018. 
Changes to employer sponsored visas
Government plans to implement the Skilled Australians Fund for employer sponsored visa categories. This will be followed by the introduction of training levy also known as Nomination Training Contribution Charge (NTCC) for the respective sponsors.
Employers and businesses seeking to nominate a worker will need to pay NTCC for the following visas: Temporary Skill Shortage (TSS) (Subclass 482) visa, which is replacing visa subclass 457; Employer Nomination Scheme (ENS) (Subclass 186) visa; and Regional Sponsored Migration Scheme (RSMS) (Subclass 187) visa.
For 482 visa, an annual fee of $1200 would be implemented for each nomination for a business that has a turnover of less than 10 million dollars.
A fee of $3,000 is set for an employee on a permanent skilled visa (186 and 187 visa).
Migration experts claim that in the next few months, regional industry body groups may exert pressure on government for easing out conditions for visa related to Employer Nominated (EN) and Regional State Migration Scheme (RSMS). 
Spike expected in General Skilled Migration (GSM) visas
General Skilled Migration Visa is designed for skilled workers who are willing to live and work in Australia on a permanent basis. This visa is also applicable to those individuals who can get sponsorship of an Australian employer.
Ranbir Singh told SBS Punjabi there are very few options available for international students under the Employer Nominated Scheme (TSS, ENS, RSMS) and it’ll lead to a spike in the lodgement of General Skilled Migration or GSM visas (489, 189, 190 and 887).
Qualification points to secure an Expression of Interest (EOI) are also expected to go up due to an increased demand, he said.
Partner visas
This will be a two-stage process where the sponsorship application will need to be approved before the visa applicant can apply for a visa.
Migration expert Rohit Mohan said that although it’s a good move to save the prospective applicants from domestic violence, it’ll lead to further delays in visa approvals. 
Skilled Occupation Lists (SOL) changes
Australia’s skilled occupation lists are currently under review and the changes are likely to be implemented in July.
A number of occupations were flagged for removal from the lists and some were put up for moving between different lists.
The last changes in Australia’s skilled occupation lists were made in March this year at the time of making the new Temporary Skill Shortage visa available when the new Regional Occupation List (ROL) was introduced.
Though at that time, the Department had said that no further changes in the lists will be made in July, but as many as 17 occupations have been flagged for removal from the list and six occupations (including Dentist and Management Accountant) for moving between different lists. 
Citizenship changes
It is speculated that getting Australian citizenship will be much tougher if the government succeeds in passing the citizenship bill this year by introducing increased residence requirement up to four years and a mandatory English test.
In an exclusive interview with SBS Punjabi, the Minister for Citizenship and Multicultural Affairs, Alan Tudge said the government may bring in a conversational, primary school level test instead of IELTS.
Earlier this year, Mr Tudge told SBS News that the government was committed to implementing the citizenship reforms from July 1.
While the Minister said he would still want this to happen within this year, the government is currently working on the details of the revised legislation, including the general residence period.


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