December 2008

State Of The Union Address: A Detailed Review Of My Blogging, Income and Investing

Blogging Entrepreneurship Featured Income Streams Investing

It’s been one heck of a ride since we launched back in April 2008.  We’ve had some successes and some failures and have learned so much about blogging, business, investing and more.  This post is my summary of the 2008 with regards to this blog and with regards to my business activity overall.  I’m being open about my traffic, my income and more in an attempt that the information will help you with your ventures.

Also, I’m going to give a status update on some of my other business and investment activity. Continue Reading »

Popularity: 35% [?]

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End Of The Year Reading Assignments

Uncategorized

As the year comes to a close, here is some of the stuff that I have read and found interesting.  I thought I’d pass these links along to you. Continue Reading »

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2008 20s Money Year End Awards

Investing Politics Real Estate

This has been one crazy year. Here are my random year-end awards:

Biggest Loser of 2008: America

2008 saw the collapse of the U.S. economy driven by the financial and real estate markets. While the poor blame the rich, the responsible blame the stupid and the politicians all blame the opposing party, our economy continues to deteriorate. Continue Reading »

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My Predictions For 2009: Business, The Stock Market, Politics

Investing Politics Real Estate

2008 was a crappy year for most people. Unless you saw the financial and real estate crisis coming like some people did, you probably lost money. You might have even lost your job. Unfortunately, most of the fundamental causes of 2008’s economic crisis are still in play. Namely, we’re broke, have too much debt, and have a contracting economy.

The good news is that 2009 is a fresh year with fresh opportunities. It’s up to you to take advantage of them. In this article, I will make some of my own predictions and explain my reasoning for each Continue Reading »

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2008: A Historic Year That Destroyed More Wealth Than Any Other Year

Investing Politics Real Estate

2008 will be remember for many things.  The election of the first black president in the United States history, for example, will be long remember.  There is a chance that 2008 might be remember even more for the amount of wealth it destroyed and the disastrous economic times that it ushered in.  This past year, we saw the real estate bubble, the complex, over-leveraged financial system bubble, the American consumer bubble and even the entire American economic bubble pop.  The result: more wealth was destroyed this year than any other year ever in our history. Continue Reading »

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Seeking The Highest Yields Outside The U.S.

Investing

As financial expert Peter Schiff’s (not to mention Jim Rogers who I’ve followed for years) influence grows on me and my bearishness on the United States intensifies, much of my investing focus is shifting to safety abroad. I am extremely bearish on the U.S. dollar as I’ve been detailing for a while now.

My goal then is to build positions in high yielding non-dollar based assets.  Stocks worldwide are down big due to the global economic slowdown.  I would say that stocks are cheap everywhere because cheap would mean that they will definitely rebound; to rebound, we would need future earnings.  I’m not sure where future earnings will come from in the United States.  In resource rich countries that are focused on exporting and are not in debt up to their eyeballs, then a rebound is likely… eventually. Continue Reading »

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20 Books To Read In Your 20s: Little Book Of Bull Moves In Bear Markets

Books

My favorite financial expert of 2008 is definitely Peter Schiff.  If you haven’t seen the Peter Schiff was right video, then you are missing an amazing compilation of incredible predictions.  Watch the video, then buy this book because the video gives amazing credibility to Peter Schiff’s vision and predictions.

His latest book entitled The Little Book Of Bull Moves In Bear Markets talks about the current economic environment, how we got here, and most importantly, how to profit from the current situation and the coming situation. Continue Reading »

Popularity: 23% [?]

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ACTION NEEDED: Say No To More Bailouts, Sign The E-Petition For The Two Month Tax Holiday!

Politics

I know this is hard to imagine, but there is actually a member of Congress with a great idea when it comes to helping out Americans and providing a stimulus to our economy.

Rep. Louie Gohmert has a plan to let you pay zero income, FICA or Social Security taxes for two months. Imagine the savings you would receive and best of all government does not direct where stimulus funds will go, you do!

What better way to determine what companies fail and what companies survive than by letting the consumers decide! YOU SHOULD KEEP MORE OF YOUR MONEY!

CLICK HERE TO SIGN THE PETITION. I have already signed it. It is possible to get Congress to listen, it just takes a lot of people to rise up and make this happen!

Bloggers:  If you have a blog, put this link up on your website.  Let’s get this thing viral!

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