03-MARCH 01-2022

SWIFTGood morning.
The weekend saw a number of companies pull their investment and operating businesses from Russia following their attack on Ukraine.  And in the US, reports of liquor stores banning the sale of Russian vodka made headlines, even though most spirits are distilled locally even if the brand sounds Russian.
The real headline is the ongoing disconnect of Russia from the SWIFT system for international payments.  While Russia has already made moves ahead of the decision to continue trading, it’s part of a bigger sign. In a world where countries can be shut off from the global economy in minutes, much like how protesting Canadians can have their assets frozen for protesting their government, the world is seeing in real-time the need to decentralize their assets for their own safety.
For old-school investors, that bodes well for buying and holding physical precious metals.  For younger investors, it’s a clear use-case of decentralized cryptocurrencies.  Expect both to benefit from the global turmoil this year.

Now here’s the rest of the news:

3 Crucial Diversification Decisions Can Make or Break Your Retirement
In an interview with wealth advisor Susan Elser, Barron’s discussed the topic of diversification in retirement savings among different types of retirement accounts… [Read Here]

Fed Warns “Bidenflation” Could Turn Into Something Much Worse
Year-over-year inflation hit 7.5%, and the cost of food, gasoline, and virtually all everyday purchases are noticeably more expensive than a year or two ago… [Read Here]

March 01, 2021

Texas-Got-Hit-HardGood morning.
Markets closed one of their toughest weeks in months.  For many traders, the pain is palpable.  But looking at the last month or six months, it’s clear that stocks have been in a strong uptrend.  Since nothing ever moves in a straight line, we’re still nowhere near a potential downtrend.
Remember, market corrections of 5-10 percent are fairly common, especially after the great run we’ve had in the market since November.  And the move in the bond market, with 10-year yields rising from 1 percent to 1.5 percent, actually marks one of the biggest bear markets in bonds ever, almost as bad at the “taper tantrum” in 2013.  And it’s a move that, even if it continues, likewise won’t move in a straight line.

Have you made any changes to your trading strategy in this market?

Hit reply and let us know how you’re handling the increased volatility.

Now here’s the rest of the news:

So Is There a Retirement Crisis or Not?  Surveys show many Americans feel unprepared for retirement.  Surging inflation, loose monetary policy and Social Security woes abound… So how concerned should you be, and if you foresee your own crisis, what should you do?

March 01, 2020

Heart and SoulGood Morning … If prospects want what we have to offer, what do we do to talk them out of it?

Prospects want our products, services & opportunity.  Who would not want a better life with more money?
So let’s solve this mystery.

1.  Prospects are pre-sold.

2.  We talk to prospects.

3.  Prospects say, “No.”

Now the problem is easy to see.  We talked to the prospects!

So what words do we say that turn prospects off, and activate their sales and skepticism alarms?  Do any of these opening phrases sound familiar?

“I just got involved with …”
“Would you be interested in …”
“I have a ground-floor opportunity …”
“Let me tell you about this breakthrough product …”

26-instant-amazoncoverOuch.  We are only a few words into our conversation, and we are already dead.  Yes, it is all over and we haven’t even reached the second sentence.

The solution?  Well, we could use better ice breakers, learn how to build better rapport, and talk directly to prospects’ color personalities.  But here is an interesting solution that does much more. It is called “soundbites.

Want to learn great soundbites?  Read or listen to 26 Instant Marketing Ideas to Build Your Network Marketing Business.  The entire first chapter is about … soundbites!

https://bigalbooks.com/book/26marketingideas/

Available in audio, ebook, and paperback.

__________________________________________________________________________________________________

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

Just off the coast of Newfoundland is a collection of islands that are not part of the province.  Indeed, they are not even Canada!

Saint-Pierre and Miquelon

Saint-Pierre and Miquelon are the last piece of French territory in North America.

March 01, 2019

New month, new beginnings … fabulous Friday is here!

I’m always looking for that little bit of helpful information for my iPad, iPhone, or whatever.  Usually I try to keep up-to-date by reading, however, today I listened & watch … and learned of these ’25 Useful iPhone HACKS You…’ too should know … while working from my home-office.  Enjoy!  😉

March 01, 2017

4 Color Personality TypesThe Four Color Personalities and how they translate into my life.

Once I had an understanding of “the color personalities” my life made more sense.

A simple over-exaggeration of the personality types might be:

Yellows:  Ask them to help now.
Blues:  Ready for some action and fun?
Reds:  Give them a challenge.
Greens:  Stand back and let them digest information.

Each new skill we learn makes the other skills work better.  That is why most of the people at the top have higher skill levels.  I want to join this empowerment.

If you don’t know the color personalities, it is the first skill that you should learn since it gives them the confidence to talk to others.  Why?  Because they feel they know more about the ‘prospect’ and what drives people.

How are your color personality skills?  If you are like most of us, you didn’t learn these skills in school.  If you haven’t mastered the color personality skills yet, and the secret language that goes with the skill, here is a great, easy-to-learn solution.

REW

IMG_0712
Come From Aways, Do You?

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05-MAY 14-2022

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05-MAY 13-2022

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05-MAY 12-2022

Good morning. The good news?  Inflation has slightly slowed on a year-over-year basis, for the first time in seven months.  The bad news?  It’s still high at 8.3 percent.  And it came in higher than expectations. Looking at the data shows some reasons for the unexpected strength.  Most components of CPI still rose more than 6 percent in April.  But soaring food prices – which we’ve warned about fairly often — were a big contributor.  Another big move higher was record airfare prices, as high fuel costs and a reopened economy drove prices up. The data doesn’t give too much

05-MAY 11-2022

Good morning. Typically, growth stocks lead the market.  That’s because these companies have the ability to scale up rapidly, and one of the best signs of a stock heading higher over the long haul is increased earnings. Yet every few years, value stocks have their time to shine.  A year ago, Warren Buffett’s performance as being derided.  Yet he’s buying stocks now.  In contrast, Ark Innovation, the hypergrowth fund managed by Cathie Wood, is now not just down relative to Buffett — but it’s underperforming the S&P 500 since its inception. Can these trends reverse in time?  Yes.  Will they

05-MAY 10-2022

Good morning. Any econ 101 student can tell you that there’s a lag effect between something like, say, the creation of trillions of dollars in spending, and inflation rates reflecting that.  We’re seeing that trend play out today, with the highest inflation levels in decades. The good news?  Some of that new money first went to financial markets, rather than in goods and services.  That helped keep many things affordable, especially during the initial lockdown phase of the pandemic.  But today, we’re seeing the impacts of those past lockdowns (and current ones).  And we’re seeing that handing out money directly

05-MAY 09-2022

Good morning. People don’t mind inflation when it hits things like assets.  When stocks and home prices are rising, consumers feel wealthier.  This “wealth effect” tends to be beneficial to spending, which then become a self-fulfilling prophecy. The 2009-2020 market rally started with this effect.  The bank bailouts propped up the banks, but didn’t cause inflation on Main Street.  Today, thanks to the stimulus measures during the pandemic, Main Street went on a spending binge.  That’s caused a reverse wealth effect as the prices of goods like food and utilities are rising at a rapid rate — but now asset

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