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Rich Dad Review - Robert Kiyosaki
2007-04-10 01:24:00
Robert Kiyosaki, author of Rich Dad Poor Dad and founder of Cash Flow Technologies, writes a series of profound books. He is an investor, business man, author, and motivational speaker that is a leader in business today. He was so successful in his quest to become rich he was able to retire at 47! In his writings, he constantly compares his real dad (poor dad) to his friend Mike's dad (rich dad), one of the richest men in Hawaii. Mr. Kiyosaki's real dad was highly educated man that believed you go to school, get a job, and save money. Mike's dad was an eighth-grade drop out who amassed a large, multi-million dollar fortune through owning real estate and businesses. Mr. Kiyosaki would say "The rich don't work for their money - it works for them"! Through building businesses and developing assets is how one can get rich the fastest. The assets buy the businesses and vice versa. It is true - the rich buy assets, the poor buy liabilities. Through my studies of Mr. Kiyosaki, I've learn
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Book Review: Jim Cramer - Watch TV Get Rich
2007-04-09 05:25:00
If you watch Jim Cramer 's Mad Money on CNBC and you are contemplating reading his latest book, please read this blog. I finished Jim Cramer 's new book that I received for Christmas and I must say that I am impressed. Call me a Cramer-holic because a.) I love the show and b.) he gives solid advice. His new book, "Watch TV Get Rich", is a funny play on words considering Jim Cramer is on TV, you watch him, and hopefully you'll become rich by doing so. He says it himself in this book that watching his show alone doesn't give you the whole story. You must read the book. Jim Cramer comes to the rescue for small, individual investors. He gives good, sound investment strategies that anyone can use with a little practice and understanding. He's already made the mistakes and he tells about them in this book so you don't have to experience that agony! Investing and making money in this global economy is all about psychology. Psychology drives business. Emotions fuel people to buy Ferrari's


The Real Deal...
2007-04-08 05:28:00
Am I the "Real Deal"? Is it this website? I know. It's pretty damn cool and it's got a long way to go. I'd like to add some cool pics and maybe some music. I'd like to hook some of that up real soon. Well, let me introduce myself. My name is Marc. This is my newest, latest and greatest blog. I hope you like it and will come back often to visit. I'm going to talk about a variety of issues. This is sort of a "General" blog. A place where you can come and express yourself - just like I'm doing. Or, set up a blog of your own and we can swap links and get connected that way! Anyways, I'd like to kick off this blog with the new TLC show that has yet to debut called "the Real Deal". It stars Richard Davis (the man in the picture on the right) and his crew of cronies in South Carolina that flip houses. He is essentially a real-estate mogul. My wife and I fell in love with him crew on the A&E show "Flip this house". Apparently, they had a legal falling out, Davis and A&E, so now he's m


Girls Gone Wild Front Man Behind Bars!
2007-04-11 23:08:00
It looks like the front man of the Girls -Gone-Wild operation has landed himself behind bars! This time it's for tax evasion. Joe Francis, 34, was indicted by a grand jury in Reno, Nev., the Department of Justice announced. He is charged with deducting more than $20 million in false business expenses on the 2002 and 2003 corporate income tax returns filed on behalf of his Mantra Films Inc. and Sands Media Inc.According to the indictment, Francis is charged with using offshore bank accounts to conceal income he earned during 2002 and 2003. The indictment also alleges that Francis transferred more than $15 million from an offshore bank account to a brokerage account in Irvine, Calif., held in the name of Rothwell Limited, a Cayman Islands corporation, that Francis controlled, the government said. If convicted, Francis faces up to 10 years in prison and fines of up to $500,000.
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A-Rod Settling in FINALLY with the Yankees!
2007-04-11 20:51:00
Why does it seem like everyone hates A-rod!? After all of this drama between him and the fine citizens of New York over the past few season, he's finally settling in with his team! If the fans expect him to live up to as much hype as his paychecks, they better lay off! I mean, give the guy some room to breathe! I think finally, he has enough space to take a full inspiration.A-Rod's six home runs in the Yankees ' first seven games is a team record. As Yankees manager Joe Torre said: "With all the thumpers they've had here, that's quite an accomplishment."Yankees fans are probably wondering if he can keep this up. They want more and more from Rodriguez, and they particularly want it in October. Perhaps Rodriguez should take the exalted demands as a compliment. After all, if he was just an average player, no one would expect perfection from him. He is anything but average, though.And damned the people that harp on him for those paycheck! Let it go! If someone offered you $250 million


Snoop D-O-Double-Dizzle - N'Trouble for Shizzle!
2007-04-11 20:45:00
Snoop Dogg, 35, was formally charged with gun and drug charges on April 10,2007. Police arrested him for possession of marijuana after he parked illegally at the Bob Hope Airport in Burbank, CA. After being taken into custody, the rapper posted $35,000 bail and was released.Snoop, born Cordozar Calvin Broadus, was charged with gun possession by a felon and sale or transportation of marijuana, both felonies.According to Deputy District Attorney Marian Thompson, Snoop Dogg is scheduled to be arraigned at 10:00 am tomorrow (Apr. 11) in Pasadena Superior Court, Dept. D.If convicted, Snoop Dogg faces up to four years in state prison.
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Breaking News! - Anna Nicole's baby daddy
2007-04-11 20:29:00
As brought to my attention, this urgent message (for those who care) is brought to you by E! entertainment. Larry Birkhead is now the father of Anna Nicole's baby - Dannielynn. He is "so excited" and screamed "I told you so!" as the results were released, which revealed a 99.9999% match. Now that this whole mess is over, we can all go back to living normal lives. Lord! What will we do without all this drama! Stay tuned.
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Do you own this stock?
2007-04-11 15:05:00
I've been looking at adding a financial stock to my "virtual" portfolio. I'm heavily weighted in gold and metals (such as copper), but I'm looking to add a little bank "flava". I think New York Community Bancorp (NYB) would be a wise choice. The stock recently took a dive down to 17.50 (at the time of publication), but it's still a solid play with its high dividend return of 5.6%! Almost all bank stocks pay out a hefty dividend. I love how companies pay YOU to own their stock. They do that usually because they can't grow much more so the only way to reward shareholders is to pay them cash to stay on board. I look for companies that regularly pay out a dividend and if that dividend continues to rise over time. I guess you could call me old fashioned. But if you look at NYB's price over time, their share price is half of what it was in 2004, but it's due for a nice rebound. Until next time, keep your eyes on New York Bancorp. Disclaimer: I am not an investment professional. Please


End of the Quarter: How did my stock picks fare?
2007-04-11 04:15:00
Today was the official end of the quarter of some companies, such as Alcoa who did surprisingly well. Their success was largely fueled by growth of the metals sector from the booming growth in China. So, with this news, I wanted to reflect on my stock picks . I purchased stocks and index funds with $10,000 of virtual money using www.howthemarketworks.com. I tried to divide the stocks fairly evenly at first, but as you know we had a huge crash in February, so that was my opportunity to strike and buy more of my favorite stocks at a discount! Here are my picks:Freeport-McMoran (Copper and Gold Mining; FCX), Halliburton (Oil; HAL), General Electric (GE), Altria (Cigarettes; MO), AT&T (Telecom; T), IBM (Duh; IBM), and Streettracks Gold Index Fund (NYSE:GLD). My portfolio overall this quarter is up $856.01 (8.6%). Not too shabby for my first quarter EVER of investing. I mainly used a value approach when selecting my stocks. I looked for growing industries with low P/E's (less than 15 prefer


Coke vs. Pepsi: Better stock pick?
2007-04-15 16:52:00
In times of economic turbulence, food staples and soft drinks are always a safe bet. You can always bet that when times are tough, people still drink Coke and eat Fritos. Hmmm...I'm hungry. Ok, back to business. If you had to pick a winning stock in a time of economic hardship, which would you choose? I'd have to go with Coke (KO). After all, Warren Buffet just bought up a bunch of shares in Coke about a year ago. Let's analyze the situation. Coke and Pepsi are on the rise. Both are safe in times of recession. Both are showing moderate growth at this point. Coke is priced around $49 with a P/E of about 23. It's PEG is about 2.5. Coke also pays a 2.7% dividend. Pepsi (PEP) trades at $64 a share with a P/E of 19, however. Pepsi pays a 1.9% dividend. Which one is better? It's hard to tell just with these numbers. You need to look at longer term growth because if we hit a slowdown in the economy, you are looking at years, not months, of slow times. These stocks need to be held for the


A Greener America - What does that mean for my portfolio?
2007-04-18 03:40:00
The United States Supreme Court ruling on regulating greenhouse gases in an effort to curb global warming is unprecedented news! In a sharply divided judgment, the court ruled Monday that greenhouse gases are pollutants, and so the federal Environmental Protection Agency was wrong to say it had no mandate to regulate such emissions. The decision dealt a new blow to the administration of President George W. Bush, which is steadfast in refusing any limits on US industry or on its gas-guzzling cars, arguing it could hurt the country's economy. So what does this mean for my portfolio? Should I lose my gas/oil stocks? I dunno. That's for you and your financial planner to decide. However, this ruling makes for an interesting situation. For the first time in history, the United States is stepping up to the plate to hedge global warming, which is good for alternative energy stocks! Be on the lookout for FuelTech (FTEK) and Covanta (CVA). FuelTech helps coal power plants save money and emissi
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Check these stocks out!
2007-04-20 21:17:00
I like to think I'm pretty in tune with BIG market events and what the market is doing on a daily basis. Regularly, I'll tune in to Jim Cramer's show on CNBC to see what antics are going on and occasionally he has some wise words to share. OK, he's pretty darn good. I trust his judgement. Well, he spoke of the now second-richest man in the world - Carlos Slim Helu - form Mexico. "Slim" inherited a lot of his wealth and owns a 90% stake in Telefonos de Mex (TMX), Mexico's largest telephone company and owns 70% of American Movil (AMX), the largest cell phone company of latin America. That's HUGE! This man has a lock on the industry. I believe Warren Buffett would call that a "durable competitive advantage". You want to invest in monopolies where there is no competition to hurt your sales, revenues, and profits. This is clutch. TMX is up today so far and has had big runs lately. It's P/E multiple is only around 13!!! Also, it's PEG ratio is a minuscule 1.08!! It's received numero
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Can the Cavaliers win the NBA playoffs?
2007-04-26 21:19:00
It looks like the Cleveland Cavaliers are running away with the series against the Washington Wizards. If you want me to throw out some fancy statistical analysis, here it is. In the history of the NBA playoffs, 94% of teams with a 2-0 start end up winning that series. So, the odds are in their favor against the Wizards. What do you think their chances are for going all the way?Please visit Cleveland Cavs for more information!


Do you like Rolex watches?
2007-04-26 21:12:00
If you love watches , I must recommend this site: Rolex TimepieceIt is full of interesting videos and information for Rolex watch lovers. It has sections where you can purchase books on Rolex watches and even a marketplace where you can purchase your own Rolex watch.


NBA playoffs
2007-05-16 20:52:00
Wow! I stayed up late last night watching the Utah Jazz knock off the Golden State Warriors. Congrats to them. Granted, I say that with reservation because I live in Suburban Cleveland and I root for the Cavs. By the way, they play tonight at home against the New Jersey nets. They are up in the series 3-1, so the odds are in their favor. Again, though, we ARE talking about CAVS! Anything could happen I guess but I can't go against Lebron in good conscience. Please stay tuned.
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St. Louis Cardinals Cars
2007-05-19 02:38:00
I recently visited my old hometown of St. Louis to visit family and I had the pleasure of visiting the "new" Busch Stadium to see a few games. Because I am a huge Cardinal fan and car fanatic, I had to see what some of the players were driving. OK, it's kinda stalker-ish, but I merely do it out of curiosity. I was very surprised to see what they drove. Granted, they change cars as quickly as they do girlfriends, but who am I???!!!I hope I'm not invading their privacy, but I figured Cardinals fans out there might appreciate my leg work. The first car, the white beemer, is a 745i driven by catcher Yadier Molina. We actually saw him behing the wheel even though you can't see him in these pictures. The next shot is a general shot of the player's parking lot behind Busch Stadium. There is Chris Carpenter's Range Rover in the picture. The third picture is a white hummer H2 driven by pticher Braden Looper. The final two cars are Escalades driven by players whom we could not identify. The


Wall Street's Biggest ballers
2007-08-12 14:53:00
Here is a list of the biggest ballers on Wall Street and how much they raked in last year! I hope this is inspirational to those of your finance majors out there and not too offensive for the "little man" investors out there.1.) James Simons - Renaissance Technologies - $1,500,000,000.002.) Steve Cohen - SAC Capital - $1,200,000,000.003.) Kenneth Griffin - Citadel Investment Group - $1,200,000,000.004.) T. Boone Pickens - BP Capital - $1,100,000,000.005.) George Soros - Soros Fund Management - $950,000,000.006.) Stephen Schwartzman - Blackstone Group - $940,000,000.007.) Edward Lampert - ESL Investments - $940,000,000.008.) John Arnold - Centaurous Energy - $760,000,000.009.) Bruce Kovner - Caxton Associates - $590,000,000.0010.) Henry Kravis - KKR Co. - $420,000,000.00
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