02-FEBRUARY 15-2021

To be honestGood morning.
Reddit is now on Wall Street’s radar for investment ideas (welcome to the party).  But while Wall Street may be focused on the retail traders in WallStreetBets, other parts of the site can offer some great investment lessons as well.
For instance, one user posted the results of a survey they conducted on LinkedIn to determine what has caused the latest shifts in digital transformation.  The overwhelming response?  The pandemic.  That data gives insight that company leaders may not have been ahead of the curve, but they knew how to react when a dire situation presented itself.  The investment lesson?  Digital trends are still ongoing, and investors likely have years of ample opportunities to profit in the space.

This Time It's DifferentNow here’s the rest of the news:

Are Inflation Fears Justified? –Kenneth Rogoff, Project Syndicate
Should markets be panicking about a possible spike in demand driving up inflation and interest rates, causing asset prices to fall across the board? [Read Here] The Last Time This Happened Was June 2007 –Tyler Durden, Zero Hedge
Why is this important?  Because the last time the indicator was this close to “Sell” was June 2007 after which we generally saw one-year returns of -13%.  No wonder… [Read Here]

February 15, 2020

There is a ‘secret shame’ of middle-class Americans’ and it’s not diminishing!

I'll show you my investmentThe effects are wide-ranging.  High costs are preventing workers from moving to high-productivity cities, thus smothering the country’s economic vibrancy and putting a drag on its GDP; economists have estimated that GDP would be as much as 10 percent bigger if more workers could afford to live in places like San ]ose and Boston.  High costs are forcing families to delay getting married and to have fewer children, and putting the dream of owning a home out of reach.  [A mere four companies have account-ed for the stock market’s profits so far this year.]

What is perhaps most frustrating is that the Great Affordability Crisis is amenable to policy solutions — ones most other rich countries adopted decades ago.  In other developed economies, child care, early education, and higher education are public goods, and do not require high-interest-rate debts or end-less Average American Net Worthscrambling by exhausted young parents to procure.  Other wealthy countries have public-health systems that cover every-body at far lower cost, whether through socialized or private models.  And numerous proposals would transform residential construction in this country, including one that just failed in California’s legislature.

But the Great Aflordability Crisis hides in plain sight, obvious to households but unmentioned in the country’s headline economic numbers.  It persists even as President Donald Trump rightly praises the country’s growth, low unemployment rate, and rising household incomes.  And though there are many nationwide policies that could end Advantage of being America2the crisis, they all seem unlikely to pass through the country’s broken Congress; the brightest glimmer of hope lies in housing and health-care policy by individual states.  But it is still a dim glimmer.  This crisis looks sure to stay with us for the coming decade, what-ever recessions or expansions it may hold.

“Where are we today?”  I know where I am.  😉

February 15, 2019

quotes (3)Payday Friday!

“All bridges can be crossed, so do not give up!”

Played bridge at the community centre this morning with my mom!

Busy weekend ahead…  Getting my tax info ready for my accountant over this weekend.  Caryl and I go for dinner with Bill and Chris to celebrate the “girl’s birthdays”… of course Monday is ‘Family Day’, so we have a 3_day weekend.  Lots to do… got to run…  😉

“It’s agreed. You won’t mess with us and Harry won’t unleash himself on the world.”

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Come From Aways, Do You?

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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

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