Your Reason for Buying Determines Your Ultimate Investment Success
Buying into a company because it has bottomed is a non-sequitur. You can’t really know when it has bottomed. Even if it has dropped 95 percent, you could see it drop another 50 percent.
READ MOREMy Favorite Holiday Tradition: Making Myriads of Kids Smile
To me, the holidays are all about the kids. At some point, we all reach the age when our parents have to get us up to open presents rather than the other way around. And once you reach this age, the holidays are a lot more fun when there are little kids around.
READ MOREChristmas Predictions for 2009
Builders make plans. Entrepreneurs make goals. Gamblers make bets. Fools make predictions.
I am quite sure that some of the following predictions will make me look foolish by the end of 2009, but I thought you might be interested in a few of the actions I plan to take, business-wise, next year.
Make This Year Your Best Year Ever – Resolution #3: Just Say Yes
On very rare occasions, I like to unwind in front of the TV with an episode of Law and Order. In one of my favorite episodes, Assistant District Attorney Jack McCoy was enticed to take on a high-profile case, but he refused. You see, the case involved working against his boss, District Attorney Adam Schiff.
READ MOREMy Favorite Holiday Tradition: Stuffed Reindeer and Fishing Rods
Last year, we waited in line for an hour at the local mall. Meanwhile, we were subjected to nonstop trailers for a horrible holiday movie projected on big screens, and were surrounded by “themed” decorations based on the same film. Talk about the commercialization of Christmas. Anyway, after all that, my son took one look at Santa Claus and started crying so hard that his face turned the same color as cheery old St. Nick’s suit.
READ MOREHow to “Touch” Your Customers
Let’s face it. In today’s Internet world, it’s easy to stay in your hidey hole, avoid people, and just sit at your PC reading, writing, and thinking… which is what I’ve essentially designed my businesses to allow me to do! But the problem is that you become too isolated from the very people you are in business to serve.
READ MORENever a Bad Time to Spend Wisely
Splurging in the middle of a recession is a no-no by Wall Street’s lights. They’re very good at punishing companies that can’t rein in spending when the economy goes into a tailspin (like now). The thinking is, a company can’t increase sales in a recession and shouldn’t try. They can only hope to cut costs to sustain profits. But this particular piece of conventional wisdom doesn’t always hold true. In the recession of 1989 to 1991, many companies that dared to spend aggressively on advertising were amply rewarded…
READ MOREA Toast to Your Health
Mulled wine, Champagne, hot toddies… the holidays are here. And many of us are tempted to drink a little more alcohol than we’re used to. But what’s the story? Should you down that Irish coffee pushed on you by your host? Or pass?
READ MOREMy Favorite Holiday Tradition: Sharing the Wealth
On the outside, the church looked empty. Inside, it was a buzzing hive of activity.
Men and women formed makeshift assembly lines, popping Barbie dolls and teddy bears and Ninja Turtle pajamas into boxes. Others filled paper sacks with canned yams and string beans, boxes of Stovetop stuffing, and mesh bags full of potatoes. Frozen turkeys were added later.
READ MOREOne of My Favorite Christmas Memories
So there we were – newly married and living in an apartment furnished only by a mattress on the bedroom floor.
We had no money for lights or other decorations – but, hey, it was Christmas Eve! And we were in the middle of the Rocky Mountains (both of us working toward masters degrees at the University of Idaho). “We are surrounded by evergreens – Christmas trees more magnificent than anything you can buy!” we said. “How hard could it be to chop one of them down?”
READ MORECurrent Market Conditions Shouldn’t Stop You
Seven years ago, the real estate market where I live – the west coast of Canada – was in a serious slump. Crushed by the Asian crisis of the late 1990s, the Greater Vancouver area just couldn’t seem to rally back. Houses languished on the market, and often slipped into foreclosure. Price reductions were the norm. It was a tough time.
READ MORE5 Reasons to Become a Writer in 2009
A brand-new year is just around the corner. And though, here at ETR, we firmly believe that you can make major changes in your life at ANY time, January always feels like the perfect time to set some new goals for yourself. We want to help you kick off the…
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