Mon, 26 September 2016
Damion Lupo is a lifelong entrepreneur. He's been in a number of businesses since age 11! He believes that he's come across an ideal investment vehicle that can work for many self-employed small business people. It's called the QRP or better known as the Self-Directed 401k. It allows for higher yearly contributions, more freedom to invest and less red tape than a conventional self-directed IRA. Of course there are always rules that must be followed, so you need to be very careful and seek out the advice of professionals. The self-dealing limitations are less strict than those for IRA's and you're able to invest in real estate and precious metals far easier. Much to learn about here.
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Mon, 26 September 2016
Jordan Goodman of MoneyAnswers.com believes that deflation is just around the corner. Commodity prices have been weak and going lower, a trend he believes will continue. However, at the same time prices have been rising in the service sector. Medical, education, taxes, etc. So in effect we are suffering from deflation and inflation at the same time. But as we know from Mises, consumer prices aren't the definition of inflation. Rather a rising money supply will eventually cause different areas of the economy to feel its affects. And money printing has not lost its appeal quite yet.
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Mon, 26 September 2016
Gerard Lameiro has been closely following the election since the very beginning. He may have been early calling it for trump but so far he's been on the money. What will happen next in the election. Will Hillary's health hold up long enough to make it through? Is Trump's momentum going to carry him to the White House? It's all coming up next.
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Mon, 26 September 2016
Status Report as of: September 22, 2016 Date business started: January 27, 2016 Total sales to date: $387,329 Total units to date: 10720 Yesterday's sales $4274 30 day sales: $107,763 30 day unit sales: 2925 Current Number of Products: 7 Current Number of Listings 11 --------------------------------------------------------------- The three phases of starting an Amazon Business. Phase 1, launch your product and get 10 reviews and 10 sales per day. You'll be giving away products to get reviews and to bring you to the first page. Phase 2 you start tweaking your listing and adjust your key words. Try some different key words. You don't to throw money at it. Phase 3 means you've arrived. Your product is selling pretty well on its own and you're getting lots of sales. Now you've arrived and it's time to introduce the next product. It's that easy!
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Mon, 26 September 2016
Deutsche Bank is sinking and the German Government put out a statement saying that they would not bail it out. That can mean only one thing, get ready for the ultimate bailout. Will they nationalize it and toss out management? We can only guess, but something's gotta give. China has run up more debt is less time than any other country in history. But has it solved anything? Not really, it's only resulted in more mal-investment and corruption. Local banks are now loaning money to each other to keep the game going. How much longer can it last? The presidential debate between Hillary and the Donald is scheduled for tonight. Will it actually take place? Hillary is not looking too good these days. It's the equivalent of the Ali-Fraizer fight. But is it really?
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