HOW TO BEAT THE 1% AT THEIR OWN GAME (LEGALLY AND ETHICALLY)

The One Percent

Is it just me, or is vilifying affluent members of society really in style right now?  The media would have us believe that the economy is a finite pie and if one person has a bit more, then that means someone else has to settle for less.  I’m sorry, but that’s economically backward. If Larry Ellison (founder of Oracle and multi-billionaire) moves into your town, is your town in better shape or worse shape?  It’s in better shape by a long shot.  Just the drippings from his proverbial plate would greatly benefit numerous aspects of your community’s economy.  It could Continue reading

SMART INVESTING MEANS OBSERVING TRENDS

Old Personal Pager

Change is constant and inevitable.  Winter changes into spring, night changes into day, and even the largest boulders are eventually reduced to sand.  Death, taxes, and change.  Those are your guarantees, my friend. In the world of business and investing, when a simple change evolves from a temporary detour into a sustainable new direction that’s backed by fundamentals, a new trend emerges.  And when a new trend alters a familiar course or practice, the change can be very disruptive.  Entire industries can be impacted, cultural ideals are often reformed, and massive transfers of wealth can occur.  “Paradigm shift” was a Continue reading

LIKE SHOPPING? THEN YOU’LL LOVE INVESTING

Crowds storm a shopping mall on Black Friday

The day after Thanksgiving – known as “Black Friday” – is the busiest shopping day of the year.  News channels will often broadcast clips of people camping outside their favorite store days in advance.  And once the stores open, the crowds are absolutely maddening.  Fights occasionally break out between shoppers.  There was even a news headline a few years ago about an employee accidently being trampled to death as they tried to open the doors so customers could get inside.  Unbelievable. So what drives this kind of irrational consumer behavior?  Is it drugs?  Well, if you’ve been reduced to camping Continue reading

INVESTING IS A LEVEL PLAYING FIELD

Technology has lowered the barrier for investors

If you were a woman or a minority in 1950s America, you faced some serious adversity in your pursuit of a paycheck.  Heck, that’s still the case in some parts of the country.  It’s an unfortunate reality that some folks occasionally encounter. But as investors, we get to operate under a different set of rules. You see, as an investor, you don’t have to concern yourself with age, race, or gender discrimination.  As an investor, it doesn’t matter if you’re male or female, black or white, fat or skinny, young or old.  It doesn’t matter what side of the tracks Continue reading