12-DECEMBER 22-2021

No promotion, SorryGood morning.
The stock market is on track for another great year overall.  We’ll know the final numbers in just over a week as the calendar rolls over.  But as 2021 comes to a close, it’s the perfect time to remind investors looking to change their allocations in the new year about the dangers of following prior immediate winners.
Case in point?  2020’s Wall Street darling of choice, Cathie Wood.  The ARK Investor founder has seen her flagship ETF drop about 24 percent this year, even as the tech-heavy Nasdaq has continued to rise higher.  Wood claims that her plays are simply in value territory now, and that returns of 40 percent annually for the next few years are possible.  But for those who started following her in 2020, 2021 has been a year of harsh lessons.

Now here’s the rest of the news:

President of Turkey Delivers A Deadly Blow To The U.S. Dollar
Turkey’s lira ended the session up over 20% on Monday after President Tayyip Erdogan introduced a series of steps that he said will ease the burden of the weakened currency on Turks, while vowing to press on with a new policy… [Read Here]

December 22, 2020

Turning the "Lock-Down" into freedom for lifeGood morning.
The week of Christmas through the end of the year is dubbed the “Santa Claus Rally.”  It’s a time of good cheer, lightly rising markets, and even lighter volume as traders use up the last of their vacation days.
With another round of stimulus now coming out, as well as interest rates stuck at zero, it’s a rally likely to play out in the shortened trading of the holiday season.  Yes, even a big selloff, like the one the market tried to pull first thing Monday morning, is likely one last humbug of 2020.  Trade accordingly!

Now here’s the rest of the news:

 

December 22, 2019

Texas-food-pyramidTom “Big Al” Schreiter is from Texas.  I caught up with Tom recently and he shared, among some Holiday Networking Tips, The TEXAS FOOD PYRAMID… First the food guide … and then … the training.

Simple questions.

What phrases could we use to make our prospecting conversations easier?  After we mention our benefit, we could say:

  • “Would you like to know more?”
  • “Would you like to know how I am doing it?”
  • “Would you like to hear how they did it?”

Our bonus for using these phrases early in our conversations?
When prospects say they want to know more, they make a “yes” decision.
Prospects know if they want somethingor not.

Here are two examples.

  • “I can now retire ten years earlier.  Would you like to know how I am doing it?”
  • “I paid off all of my credit cards.  Would you like to know howl did it?”

This question makes it easy.

Try asking this question at the appropriate time:

This Question Makes It Easy“So if you don’t start a part-time business, then what will happen?”

This gives our prospects a chance to think of all the bad things that will happen if they don’t get some extra money in the near future.  Once they see this grim picture, they become more open-minded about our opportunity.
Instead of looking for reasons why our business won’t work, they start looking for reasons our business will work for them.  😉

IMG_0712
Come From Aways, Do You?

More Posts

08-AUGUST 04-2022

Good morning. We’ve called it a recession since the first quarter data came out.  That was confirmed by a second quarterly drop just last week – even as the goalposts have been moved on the definition of a recession.  Ready for a third quarterly drop in a row?  The data suggests we may already be there. The data in question is the services PMI. It’s showing a large amount of declining output – in fact, the largest recorded since the global financial crisis in 2008.  That, combined with a slowdown in consumer spending and home prices, points to a third

08-AUGUST 03-2022

Good morning. Between inflation at 40-year highs and two quarters of negative GDP growth, investors in the US are dealing with some tough times.  But compared to the rest of the world, the US looks like one of the strongest places to invest now. Europe is likely in a recession, and its energy shortage due to Russian sanctions will only make it deeper.  In contrast, the US has the capacity to be energy independent.  The US is also food independent, at a time when grain shipments from Ukraine have finally started up again. Overall, investors can still be cautious.  But

08-AUGUST 02-2022

Good morning. The stock market’s strong rally of the past few days has allowed it to retrace nearly half of its losses since the start of the year.  That could mark the end of the recent drop – or it could be simply a bear market rally before the longer-term downtrend picks up. Some clues point to further downside.  While the Fed didn’t raise interest rates more than expected last week, they continued to warn on inflation, which still runs hot.  And a number of central bankers have warned that the Fed isn’t ready to pivot yet on its current

08-AUGUST 01-2022

Good morning. Last week saw a strong rally for the market, with the best-performing week for stocks since 2020.  That’s in spite of data indicating the economy continues to contract.  As we get into August, however, that rally should cool. On a technical basis, the market has now had a strong rally.  But it also fits the pattern of a bear market rally.  And until the Fed stops raising interest rates, we likely won’t see a sustained rally higher – aka, the so-called “pivot” that will signal a true change in the market’s long-term trajectory. All told, that points to

07-JULY 31-2022

Today’s Newfoundland… It may not be my first stop in St. John, but the Quidi Vidi Brewery will be in the top 5. July 31, 2021 “There is no royal, flower-strewn path to success. And if there is, I have not found it. For if I have accomplished anything in life, it is because I have been willing to work hard.” –CJ Walker What Worked, What Didn’t, What’s Next? One of the common denominators of successful people is their ability to persevere when things don’t go as planned.  Effective people don’t allow themselves to get bogged down in feelings that

07-JULY 30-2022

Today! July 30, 2021 Good morning. The first half of the year saw endless stories about the impact of rising lumber prices.  From adding thousands to the cost of a new home, as well as showcasing supply chain issues in the timber industry, prices have heavily pulled back from their peak but are well above their levels a year ago. Well, there’s a new commodity making big moves higher: Coffee.  A combination of robust demand, and the potential supply shock from frost in Brazil have caused coffee prices to jump over 30 percent in the past two months.  While this

07-JULY 29-2022

Good morning. Three months ago, when the first-quarter 2022 GDP numbers showed an unexpected drop, we went ahead and called it a recession.  That’s now official (at least by the government’s definition), now that there’s been a second quarterly decline in a row. While some are saying it’s not really a recession… or only a technical recession… things certainly don’t look bad with a -0.9 percent drop.  It’s not as steep as in the first quarter, after all.  But nothing moves in a straight line. Interest rates are now at their highest levels since 2019, when the Fed stopped raising

Like this article?

Share on Facebook
Share on Twitter
Share on Linkdin
Share on Pinterest

Leave a comment

Send Us A Message