For those of you longtime readers of the DINKs, you'll know I'm usually pretty excited about up-and-coming fintech companies. The latest company I got excited about was the Small Business Exchange (SMBX). The SMBX is basically attempting to reform small business finance by replacing bank lending with crowdfunded bond marketplace options. SMBX Works - It Makes Money SMBX … [Read more...] about SMBX Works
You Can Lead A Horse To Water, But You Can’t Make Him Drink
The phrase, "You can lead a horse to water, but you can't make him drink" means you can give someone an opportunity to do something, but you can't force them to if they aren't interested. Case in point: Coinbase. If you haven't heard of Coinbase, it's an up and coming - recently IPO'd - cryptocurrency brokerage. Cryptocurrency and the whole economic infrastructure … [Read more...] about You Can Lead A Horse To Water, But You Can’t Make Him Drink
Yes, You Can Accumulate Free Shares Of Stock
This posting is for everyone who doesn't have money but wants to accumulate free shares of stock. Owning companies by holding stocks has traditionally been the best investing vehicle over the long term. It usually provides better returns than bonds or cash once you factor in historical ups and downs. So, I'm constantly looking to accumulate free shares of stock, and you … [Read more...] about Yes, You Can Accumulate Free Shares Of Stock
The 430 Million Dollar Bitcoin Transaction
Hi All, Unless you're hanging around the Crypto space in blockchain.com you probably missed this. It's a $430 Million transaction in bitcoin. I've been noticing more and more recently that the crypto space is sucking up entrepreneurial energy and capital. There just aren't that many transactions worth $430 Million in the US economy. Notably, this transaction … [Read more...] about The 430 Million Dollar Bitcoin Transaction
July Net Worth Update – Up $9,377 to $386,959.70
Okay so I sat down and calculated my net worth last weekend. I'm up 2.48% from May. July's wealth total was $386,959.70, up $9,377.09 from May's $377,582.61. The major long term drivers of the growth have been: A. Appreciation of my condo unit. The value of the condo increased by about $1,000. B. Growth of my stock - I was able to make a substantial deposit of … [Read more...] about July Net Worth Update – Up $9,377 to $386,959.70
Even The Smart Money is Fallible
The more time you spend on the planet, the more you realize that even smart money is fallible. Here is a graphic that is making the rounds on the web. Its a stock recommendation issued by Goldman Sachs on the now defunct Enron Corp. In case you're not familiar with Enron, here is the story. The Enron Corporation was an American energy, energy commodities, and related … [Read more...] about Even The Smart Money is Fallible
The False Economy Of Lawn Furniture
It's definitely summer here in Portland, Oregon. Last weekend was the hottest on record. The temperature hit 116. It was so hot in fact, that the multivitamins in my apartment melted. As a result of the heat, a ton of people are buying summer stuff - clothes, furniture, etc. Last week I was at a Fred Meyer (which is a local Kroger chain) and outdoor furniture and camping … [Read more...] about The False Economy Of Lawn Furniture
If You’re Saving – Don’t Give Up!
This is a quick posting for everyone working on a large savings goal. If you're saving - don't give up. Don't Give Up. Don't quit saving out of the silly belief that you'll never have enough to meet your goal. Forget focusing on the big figure you need to get to. Instead, work it out using a calculator and break down what your weekly, monthly and annual savings goals … [Read more...] about If You’re Saving – Don’t Give Up!
Eight Reasons Why Its Hard To Get Rich
Have ever wondered why it's so hard to get rich? In America, we love and worship rich people. Guys like Warren Buffet and Elon Musk are celebrated personalities. We also value and appreciate the actions of people like Richard Branson or Oprah Winfrey. So, if being rich is so awesome, why aren't more people wealthy? Consider the numbers. There are about 128 million households … [Read more...] about Eight Reasons Why Its Hard To Get Rich
Tip Of The Day: Grocery Store Customer Service Desks May Redeem Your Coupons
Hello All, Here is a tip for you. If you have grocery coupons, but you forgot to use them during your shopping trip. Bring your coupons and your receipt the grocery store. The customer service desk may be able to credit your coupons to your rewards account, or they might be able to give you cash back. More reading here: Tip Of The Day: Save Those Plastic Shopping … [Read more...] about Tip Of The Day: Grocery Store Customer Service Desks May Redeem Your Coupons
