NewCover with LOGO

02-FEBRUARY 09-2021

Just getting startedGood morning.
After a few days of Elon Musk posting about meme cryptocurrency Dogecoin on Twitter, Tesla Motors (TSLA) filed with the SEC that it has invested $1.5 billion in Bitcoin.   That caused Bitcoin, not Dogecoin, to rally over 12 percent, to $43,000 per coin.
Tesla joins a number of companies that have moved to embrace Bitcoin in the past few months.  It’s this rising institutional and corporate demand that makes the cryptocurrency, like all currencies, an accepted medium of exchange.  And, oddly enough, that’s also why cryptocurrencies are becoming less risky.  The more parties that accept them, the easier it is to buy and sell.  That’s why crypto-related stocks have also been exceptional market performers lately, and why that trend is likely to continue.  It’s still an early trend, but with big companies and institutions getting on board, now’s the time to take a closer look at crypto if you haven’t yet.

Now here’s the rest of the news:

Near-Zero Rates Might Sound Good (Until This Happens) 
Low interest rates are a hidden-in-plain-sight tax on savers.  Many “safe”assets trusted for decades, including bonds, CDs, annuities and savings accounts can’t preserve your purchasing power any more.  So you have a choice… [Read Here]

February 09, 2020

Today is DarrenDaily Recap Sunday.  A collection of the weeks videos from Darren Hardy.  Enjoy!

…and two more great pictures of Newfoundland … A place I soon to be living!

February 09, 2019

Habit #6 — Become Reward-Conscious

[Tomorrow — Habit #7]  Day seven, and the last of our Seven Habits of Recovering Procrastinators.  🙂

IMG_0712
Come From Aways, Do You?

More Posts

09-SEPTEMBER 18-2021

Ten Ways To Foster Innovation In order to compete effectively, we must look for new and better ways to accomplish our mission.  We must find creative methods to delight our customers.  And we must find innovative strategies for getting more done with fewer resources. With things changing as rapidly as they are, doing things the old way won’t be profitable for very long.  To grow, we must be constantly innovating. An innovative company attracts and keeps better employees.  People want to be part of something creative.  It’s stimulating and it’s fun. Here are ten things you can do to foster

09-SEPTEMBER 17-2021

Good morning. We’re fans of following company insiders when they buy their own shares.  That’s because they only buy if they see a good value going forward.  Most company insiders are partially compensated in shares, so they have plenty of reasons to sell, from portfolio diversification to big spending bills like a second house or divorce. Overall, buying with company insiders produces excess returns compared to the market.  But they’re not the only insider group out there. Consider Congress.  Last year, two senators sold off stocks after an early hearing on Covid and before the big crash.  House Speaker Nancy

09-SEPTEMBER 16-2021

Good morning. Yesterday marked the 13th anniversary of the collapse of Lehman Brothers, a “victim” of over leverage on the US housing market.  Yesterday also marked the day when Evergrande, a Chinese real estate firm, stated that it wouldn’t pay interest on its already-collapsing bonds. For years, many have warned about the size and rate of China’s real estate buildup, from empty cities to investment homes that sit unused (one of the few places where citizens can park cash).  While we’re optimistic that the damage can be contained to China and not impact global growth too much, we also can’t

09-SEPTEMBER 15-2021

Good morning. We’ve warned for weeks that stocks are at elevated levels, and that a modest pullback would be likely.  Now, however, investor sentiment has gotten heavily bearish, for more than just a small pullback. That’s somewhat concerning, as fears of a market pullback could lead to enough profit-taking and cash-raising that it becomes a self-fulfilling prophecy.  However, a market so quick to get so bearish could also be a sign that there’s still a major rally ahead.  Bull markets don’t die when investors get fearful.  Rather, it’s when investors get so bullish that they go all-in at record highs.

09-SEPTEMBER 14-2021

Good morning. With Labor Day weekend over, oil prices should be trending down.  The summer driving season in North America is over, and it’s largely an American phenomenon.  However, expectations for a potentially colder-than-average winter are keeping a bid under oil prices right now. At a time when traders typically expect lower prices going forward, oil is now at a 5-week high and trending higher.  And Bank of America analysts see crude oil pumping as much as $100 per barrel under an exceptionally cold winter scenario.  It’s likely that gas prices may remain higher for longer than expected, and can

09-SEPTEMBER 13-2021

Good morning. Last week, Treasury Secretary Janet Yellen warned that the measures underway to preserve cash at the US Treasury were likely to run out in mid-October.  Unless Congress acts to raise the debt ceiling, there could be a potentially debt cliff where a number of government programs simply don’t get paid. That’s a scenario that nearly unfolded in 2011. 10 years ago, it also provided the stock market with a flat return for the year and a closest thing to a selloff since the housing crisis two years before that.  Last week’s market weakness may be starting to reflect

09-SEPTEMBER 12-2021

Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday.  A collection of the weeks videos from Darren Hardy.  Enjoy! Describing its beauty!!!  Fishing boats on the River Gwaun at Lower Town in Fishguard on the Pembrokeshire coast in Wales,U.K. It doesn’t matter how you get there … only that you come to visit! September 12, 2020 Whew! This year has definitely been one for the books. Between the “illness”, unrest, and just general uncertainty 2020 can move anytime! But, you know what really helps me when things get super overwhelming? Gratitude. Staying focused on the things

Like this article?

Share on facebook
Share on Facebook
Share on twitter
Share on Twitter
Share on linkedin
Share on Linkdin
Share on pinterest
Share on Pinterest

Leave a comment

Send Us A Message

Copyright © 2021
Rob's Personal Blog

“I started with Hayes to share photographs and stories of my travels with you.  It was perfect for your lifestyle.”

Today I help people build their own blogs and websites … just like this! 

All Rights Reserved
Hello // ELEMENTOR