05-MAY 19-2021

Scary BossGood morning.
Jeff Bezos, Bill Gates, Mark Zuckerberg and Larry Ellison have all been unloading shares of their respective companies.  Year-to-date, these and other ultra-wealthy have sold off about $24.4 billion in shares.
While this may sound like a sign of an imminent market crash, most of these sales are based on previously-disclosed plans.  Most of these billionaires have the bulk of their net worth in shares of the companies they founded.  But with Bezos and now Gates splitting up assets in a divorce, and Zuckerberg doubling his Hawaiian real estate holdings, it’s clear the cash has to come from somewhere.  Insider sales can occur for a number of reasons, which is why we stick with insider buys as a better market indicator.

Now here’s the rest of the news:

Dollar Abandonment May Signal the End of Global Reserve Status
In 2020, the U.S. dollar’s share of global currency reserves shrunk to an all-time low.  That means America’s losing one huge advantage it has against other economies.  Here’s what comes next… [Read Here]

May 19, 2020

IN TRUMP WE TRUSTGood morning.
I hope you had a great weekend.  It’s great to see people out and about, masked or not.  I happen to live where things are opening up more quickly, and I have to tell you, it’s a relief.  The only problem is that what is true for one, is not true for the whole.  The fallacy of composition across states is leading to a lot of uncertainty.  That uncertainty is what’s holding the bulls at bay.  There needs to be another bullish catalyst or the bears will want to come out of quarantine as well.

In Other News:

Power Play
I think my reader is spot on in identifying utilities as a viable alternative for income.  Within the universe of equity income stocks, utilities are the safest.  Demand for essential services such as electricity and water won’t disappear as a result of the virus.  Energy consumption may wane for a while, but it will rebound as soon as the economy opens back up.

cold-flu
Traditional medicine doesn’t always work!!!

May 19, 2019

HOW TO BEAT PROCRASTINATION — a few tips…

What really seems to work, though… what you really need to be doing is to: 

Do it now.  This seems obvious, and it’s not that we don’t know that we should do things now.  The problem is that we don’t know how.  Here are some techniques to get to now and beat procrastination.

Set aside blocks of time to DO things.  Just like you schedule time to go to attend business meetings, exercise, etc., the same principle applies to other things you might procrastinate.  Pick an hour a day to get things done.

If it comes to mind, then do it.  Scheduling time to DO things is important.  But if something comes to mind randomly, do it when you think of it (assuming that you have time).  For example, if you’re sitting down reading a book or watching a show and you’re reminded that you need to do a chore, stop what you’re doing and do it.

Use a timer to bring you back to reality.  One way to keep on track is using a timer.  On one hand, you can use the timer to set aside a work block.  People generally work more focused and with a sense of urgency.  On the other hand, when the timer goes off (after, say, 30 minutes), ask yourself it you’re doing what you’re supposed to be.

Do not multitask.  A lot of people say they’re great at doing many things at once.  The reality, though, is that they’re usually great at starting many things at once… but never actually doing any/all of them (or at least very well).  Most people need to focus on one thing at a time — to do it well and to get it done.

Eliminate distractions.  Distractions feed procrastination.  Eliminate them.  Remove clutter from your workspace.  Tum off notifications.  Leave your phone in a drawer.  Only keep essential programs open on your computer.  Don’t turn on the TV.

Compare your actions with your values.  It doesn’t matter what we say is important.  The things that are priorities in our lives are the things we actually do.  How does what you do mesh with what you believe?  If you say that getting out debt is important, are you actually doing the things that will get you out of debt?  If you say that getting in better shape is important, is choosing TV over exercise going to help?  Is that fast food meal really the best choice?

To Our Better Choices…

IMG_0712
Come From Aways, Do You?

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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

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