tag:blogger.com,1999:blog-350910692012-01-24T11:29:27.670-08:00<i><b>When you live on a different frequency you just don't hear the world's noise!</b></i>My1ambitionnoreply@blogger.comBlogger5461100tag:blogger.com,1999:blog-35091069.post-52505203533616454752009-08-17T20:36:00.000-07:002009-08-17T21:09:14.565-07:00

After almost 3 years of blogging with Blogspot (we posted our first article in September 2006), I'm changing to WordPress. This is a move that will greatly improve your reading experience and blog quality.All of the 562 posts from Sentiment of Success at Blogspot (previously known as Investor Sentiment) have been exported to the new blog at sentimentofsuccess.wordpress.com.Remember to change your

My1ambitionnoreply@blogger.com1tag:blogger.com,1999:blog-35091069.post-33584548083356165322009-08-17T12:05:00.000-07:002009-08-17T12:09:54.382-07:00

Haven't been blogging much recently. I was out of town last week and this week has pretty much been a lot of reading and editing old stuff.I couldn't help but notice that about 90% of the previous posts were all market/investing related. So my new project is: No new articles on the economy before 10 'more interesting' posts go up.Stay posted!

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-33969652923644740732009-08-16T21:18:00.001-07:002009-08-16T21:20:38.476-07:00

I am posting an open thread for any questions or comments related to the blog. Feel free to offer any compliments, suggestions or critiques. Have a great week! Levik

My1ambitionnoreply@blogger.com1tag:blogger.com,1999:blog-35091069.post-35348998275545919612009-08-16T13:52:00.000-07:002009-08-16T21:40:23.179-07:00

RSS Feeds bookmark a link to the site and add a link each time a new article is posted.Firefox: Click on 'Bookmarks' and click the 'Subscribe to this page' tab. On the next page hit 'Subscribe'.Safari: There should be an 'RSS' icon in the website field of your browser. Hit 'Subscribe'.Internet Explorer: Click on the Yellow Star in upper left of browser. Click on the middle tab 'Feeds'. Many

My1ambitionnoreply@blogger.com1tag:blogger.com,1999:blog-35091069.post-45443181432942727872009-08-16T11:09:00.000-07:002009-08-16T11:51:50.085-07:00

I don't like to post on markets that often, as I reserve this blog for more optimistic success-related material that focus more on proactive personal-development than on reacting to news and sentiment.Nevertheless, in the dog-eat-dog world we live in, I believe its highly important to have a sound knowledge of what the external forces that govern our lives entail.The one theme I keep noticing

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-91788079877184069502009-08-15T19:21:00.000-07:002009-08-15T19:22:22.737-07:00

"I'm selfish, impatient and a little insecure. I make mistakes, I am out of control and at times hard to handle. But if you can't handle me at my worst, then you sure as hell don't deserve me at my best." — Marilyn Monroe

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-35296983867234514272009-07-31T14:18:00.000-07:002009-07-31T14:30:38.810-07:00

5 Freedoms you lose with universal health care: 1. Freedom to choose what's in your plan. 2. Freedom to be rewarded for healthy living, or pay your real costs. 3. Freedom to choose high-deductible coverage. 4. Freedom to keep your existing plan. 5. Freedom to choose your doctors.Jeremy Grantham, Marc Faber and Jim Rogers all agree: Stay out of China! As it is "dangerously unbalanced and very

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-62479312937461463832009-07-31T14:03:00.000-07:002009-07-31T14:37:50.005-07:00

What would you do if you won the lottery? As many of my readers know, I'm not too fond of the lottery idea. Some call it gambling, Warren Buffett and others refer to it as a "tax on the poor".There are two problems you face winning the lottery:How you win. We know the odds are tremendously out of your favor. If you are going to buy a ticket know that you are practically throwing that money away.

My1ambitionnoreply@blogger.com1tag:blogger.com,1999:blog-35091069.post-67649780213057459582009-07-30T09:24:00.000-07:002009-07-30T09:39:11.235-07:00

An entertaining and creative explanation of what led us into this debacle. The Crisis of Credit Visualized - Part I (about 7:30)The Crisis of Credit Visualized - Part II (about 3:45)Glad you enjoyed!

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-37071746318389157372009-07-27T11:41:00.000-07:002009-07-27T11:43:13.503-07:00

"Most People Die When They're 23 and Aren't Buried Until They're 70!" ~ Benjamin Franklin"If you aren't living on the edge you're taking up too much space!" ~ Jayne Howard

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-84166326518286471922009-07-27T11:15:00.000-07:002009-07-27T11:22:26.612-07:00

From the Big Picture by Barry RitholtzPrices: By just about every measure, Home prices on a national basis remain elevated. They are now far off their highs, but are still remain about ~15% above historic metrics. I expect prices will continue lower for the next 2-4 quarters, if not longer, and won’t see widespread Real increases for many years after that; Indeed, I don’t expect to see nominal

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-35000206000486631812009-07-24T15:44:00.000-07:002009-07-24T15:56:55.666-07:00

Here are the top headlines of the weekSorry I couldn't provide the links. Will do so next time.GE next big one to go?Porter Stansberry: Who says that anyone who doesn't own Verizon shouldn't be able to call himself an investor and has called the demise of the original AT&T, GM, Fannie Mae and Freddie Mac, now says that Continental and GE are net to go. GE has relied on its A+ rating to manipulate

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-19002238702221347572009-07-24T09:58:00.000-07:002009-07-24T10:00:15.868-07:00

Hoofy and Boo got a laugh out of me this morning...Thank you Minyanville.

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-68163151899259765472009-07-24T09:46:00.000-07:002009-07-24T09:57:11.851-07:00

Been real busy this week but I have some great posts on the way. Stay "posted" and have a wonderful weekend!

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-91751998108954502302009-07-20T14:36:00.000-07:002009-07-20T14:54:24.934-07:00

Donald Trump has recently suggested his list for summer reading. You can also find the following list on his blog www.trumpuniversity.com/blog. I own just 1 of the following (the first) but I'll make sure to put the rest on my list.May I also suggest that before you go on a reading rampage, you read through Tim Ferriss' Speed Reading Method. (You can find it in your 4HWW pages 85-86). A similar,

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-34146652237396508332009-07-20T12:44:00.000-07:002009-07-20T13:51:29.560-07:00

At Sentiment of Success we're interested in providing you with the best and most useful resources to be most successful in any particular field. To be able to serve you better, we greatly appreciate your comments and feedback. Let us know what we're doing right, what we can do to improve and most importantly - give us your take on the matter!Comments can be added to any article, as well as sent

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-6368531426231278682009-07-19T08:43:00.000-07:002009-07-20T11:45:55.134-07:00

I've been doing some searches online of the best, most-useful, most-entertaining (current) site links on the world wide web.I'll post a "links-fest" of favorite sites, but first I'd like to hear yours!Anything: News, Blogs, Entertainment, Lifestyle, Deals, Fitness, Travel, Sports, Downloads, Information, Search, anything interesting!I also suggest that if you are providing many site links, that

My1ambitionnoreply@blogger.com1tag:blogger.com,1999:blog-35091069.post-64254554618837295562009-07-16T18:09:00.000-07:002009-07-16T19:02:33.513-07:00

Some Stock Advice from Dan Ferris, editor of Extreme ValueI don't expect investors will make much money in stocks on the long side from current price levels. Dividend cuts, weak earnings, and unattractive valuations are telling you to be careful. Most long term returns in stocks have come in from dividends, not capital gains (because arbitrageurs and institutions make it too hard for the majority

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-71592099497478773192009-07-16T16:03:00.000-07:002009-07-16T16:18:21.994-07:00

Straight to the Point PostsIf you're like me, then you love information, but hate reading (non-fiction that is). When trying to learn something it's quite frustrating when you're somewhat educated on the matter and read through repetitious and often superfluous text. When I take notes for example, I try to codify it in the most concise possible way so that I'll remember the concepts with just a

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-56076577471640427832009-07-16T12:54:00.000-07:002009-07-16T12:57:00.474-07:00

"Money is the most important thing in life, but the least valuable" Ponder that.

My1ambitionnoreply@blogger.com3tag:blogger.com,1999:blog-35091069.post-18742874750279304422009-07-15T19:52:00.000-07:002009-07-15T19:54:28.199-07:00

When I say the words "Mountain Wingsuit" - What on earth comes to mind? Watch this and then tell me what you think!Hectic!

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-63667247335789205932009-07-15T04:12:00.000-07:002009-07-15T04:16:38.057-07:00

If you would like to contact us directly we now have a new email address: SentimentOfSuccess@gmail.com. All questions, comments or critiques are welcome.

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-77588663928427670702009-07-14T11:05:00.000-07:002009-07-14T11:10:12.039-07:00

It's called Bing. One of the most interesting features I've found, gives you a graph of airfare pricing over a 30 Day period, and suggests whether its worth to buy now or wait till prices fall.Check it out. Here's a sample of New York to Los Angeles flights.

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-18868267770656367852009-07-14T01:26:00.000-07:002009-07-14T02:03:54.138-07:00

Why I'm Happy to Hold Wealth in Gold and Silver"Gold has been in a great bull market for a decade and, though still in a corrective phase, has still risen solidly for months. It started the year at $880; at mid-year it is $926.70. That's a rise of 5.3%, or 10.6% annualized. And if double-digit annualized returns are what gold is giving when it is "sleeping," what will it do when it awakes? Silver

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-6085713442235043662009-07-14T01:23:00.000-07:002009-07-14T01:56:10.269-07:00

Some interesting things you can try once you have your passive cash flow life under control. Find these and other blog posts at fourhourworkweek.com/blog.Tim Ferriss and Kevin Rose Discuss Naming Companies and Angel InvestingThe Margin Manifesto: 11 Tenets for Reaching (or Doubling) Profitability in 3 MonthsHow to Learn (But Not Master) Any Language in 1 Hour (Plus: A Favor)How to Build an

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-62826992573627591632009-07-10T10:58:00.000-07:002009-07-10T11:10:35.337-07:00

David Fischman, is an acclaimed author. Among the many fascinating studies and statistics that Mr. Fischman presents, one struck me in particular: By age 10 the average child in the Western world has seen one million advertisements. Denmark, Fischman pointed out, was rated in a recent study as the country with the happiest people, and is also the country with the least amount

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-31091362534649048492009-07-09T11:56:00.000-07:002009-07-09T12:02:53.102-07:00

"Fed Vice Chairman Donald Kohn said opening up some of the U.S. central bank's most sensitive decisions to political scrutiny could result in higher long-term interest rates and hurt the United States' credit rating" reports Reuters.Now what does that tell you? So we shouldn't know what's really going on because if we did, we would be shocked as to what's going on. What is that for some reverse

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-73185567680120103802009-07-04T19:22:00.000-07:002009-07-14T02:05:20.766-07:00

"What's the difference between a cookie jar that has a hundred cookies in it and a jar that has one cookie left? There's no difference. But what happens the next time you want a cookie?"Markets tend to discount only the immediate future. If something is even 6-12 months away, even if it's a matter of certainty, markets may still completely ignore it. This is how most money is made by the smart

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-7533591263676929182009-07-02T19:27:00.000-07:002009-07-02T20:09:41.779-07:00

Some readers are looking for investment ideas. I suggest we go over each asset class one by one:Precious Metals: Everyone MUST own gold and silver because of what's coming. Inflation IS a problem, it just hasn't had an impact, but it's built into the system. It's simple: get some cash, go to your local coin shop (www.find-your-local-coin-shop.com) and load up on however much you could afford. (

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-91009514423691778742009-07-02T18:56:00.001-07:002009-07-02T19:06:14.291-07:00

Just for fun... check out www.freetranslation.com where you can translate to/from any language from Simplified Chinese to Norwegian. Have fun!到其最丰盛的一个过生活! (Live life to its fullest!)

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-81309929156038196802009-06-30T14:52:00.000-07:002009-06-30T15:07:59.231-07:00

They say that the difference between strength and weakness is the capacity to believe you can do something. When it comes to physical fitness and the physical fit there's no ones better than the U.S. Navy SEALs. Are you up to the challenge?In 15 weeks build up to: Running 6 miles and swimming consecutively for 75 minutes (5 days a week), and the calisthenics workout of 400 push-ups, 500 sit-ups,

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-52271825800671057122009-06-30T10:56:00.001-07:002009-06-30T11:06:43.519-07:00

Draw your own conclusions. Mine is that while the worst in terms of severity may be behind us, (note the only decline exceeding 66% was during the Depression), in terms of real value and bear market length we have much more to look forward to.Note how the illustration adjusts for inflation. If, when rather, inflation come back, probably due to better market conditions, true value for stocks will

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-26922269566118820792009-06-29T17:00:00.000-07:002009-07-14T02:07:07.117-07:00

I re-activated then re-de-activated my account today. I had to remember why I left. Now I have... the 14 Reasons I Left Facebook:Notifications can get quite annoying and there's no way to filter out which are important and which are not.Event invites are the lamest thing I've ever witnessed. I know someone who missed his close friends engagement party because "You mean you didn't get my Facebook

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-58547893560280749012009-06-26T15:14:00.000-07:002009-06-26T15:27:49.963-07:00

If you're don't know who Sam Zell is, just Google him. He has a net worth of over $3 billion mostly from the sale of his real estate business in 2005 (right before the crash). He started investing in the early 80s, when interest rates were through the roof and home sales through the floor. With his veracious buying amidst a terrible housing market he became known as the "gravedancer". Here are

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-10475927367876312342009-06-23T20:10:00.000-07:002009-07-14T02:07:57.051-07:00

Here are 12 well-known brands that 247wallst.com doesn't believe will make it past 2010. Included are one-liners of what these business have against them.1. Budget rental cars (CAR): Debt problems, weak travel, competition.2. Borders books (BGP): Declining sales, heavy losses, competitors, large debts.3. Crocs footwear (CROX): Stock $72 to 2, financing issues, recession.4. Saturn vehicles: GM

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-39003831817532475222009-06-23T13:04:00.000-07:002009-06-23T13:19:46.458-07:00

For anyone who hasn't watched "The Curious Case of Benjamin Button" you're missing out one great movie. It received an 8.1 rating on imdb.com (that's very good). Long though it is, the film provides a phenomenal perspective on life - only in reverse. Benjamin, instead of growing is old, is born old and grows ever younger.Here are my two favorite quotes from the movie:"You could be mad as a mad

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-78677146963290202802009-06-22T14:53:00.000-07:002009-06-22T15:29:42.169-07:00

The issue of the decade, and if it isn't yet it soon will be, is a simple matter of retirement-ability. While $1 Million used to be good enough to get you buy (pun intended), it seems that along with a once strong dollar goes the hope of so many Americans who live the work-40-years then retire-rich mentality. Sure we have our 401ks, IRAs and MEWs, but the fact remains, it just might not be

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-21088439262229379722009-06-22T14:25:00.000-07:002009-06-22T14:42:51.011-07:00

There are many reasons why one would want to send a text message through their email. The best I can think of are: To send texts to a large base (say 20 or more recipients), or just to save money on your end (emails are still free last I checked).How To:Simply type the text you wish to send as an email, with your Subject. Most people still have tiny screens so write conservatively. Also try to

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-75131167976096249772009-06-11T12:25:00.000-07:002009-06-11T12:32:56.792-07:00

Bringing back one of my favorite TV shows... Hoofy and Boo talk outsourcing.View more at Minyanville

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-59036931600107067382009-06-11T10:47:00.000-07:002009-06-11T11:57:57.557-07:00

"What could be added to he who has money but no job, time and people to enjoy it with, and an empty inbox?"I have revolutionized my Email. Results: Unreal! I used to get over 50 emails a day, (that's 350 a week if you're on vacation). This ranged from investment newsletters, to spam mail, to Facebook notifications to emails from friends and family. This does to your head a OCD of checking email

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-74727772269523559632009-06-09T21:15:00.000-07:002009-06-11T11:58:55.986-07:00

That's what I love about Ferriss. Simple and logical. Everyone knows of the over 50,000 books published about losing X amount of weight in X amount of days, blah, blah, blah, blah. Fact is, there is only one principle: Exercise more, eat better. Notice how it's about how you eat, not what. So here's to eating...Rule #1: Avoid “white” carbohydrates.Except within 1.5 hours of finishing

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-15217820352744635802009-06-09T17:07:00.000-07:002009-06-09T21:12:26.829-07:00

At least that's the way it should be. You should have as much time as you want to do what you want to do, not what someone else wants you to do (hence all the recently posted YouTube videos).If you haven't yet bought The 4 Hour Workweek (4HWW), you're missing out! I'm still not sure who needs it more, the teen who is bored at home watching TV all day, or the 50-something who needs to scrap

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-61867804830281700572009-06-09T16:56:00.000-07:002009-06-09T17:00:13.983-07:00

A sleight-of-hand extravaganza by Bill Malone called "Sam the Bellhop". Enjoy!

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-46516110762238074262009-06-08T15:28:00.000-07:002009-06-08T15:33:06.726-07:00

"They always hold it, in their hand, because this is what BlackBerry commands them to do"

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-41645297790412904612009-06-07T22:42:00.001-07:002009-06-07T22:56:17.501-07:00

The following is a post from Steve Pavlina's Blog. (No adaptations have been made).How to Discover Your Life Purpose in about 20 MinutesBy Steve Pavlina How do you discover your real purpose in life? I’m not talking about your job, your daily responsibilities, or even your long-term goals. I mean the real reason why you’re here at all — the very reason you exist. Perhaps you’re a rather

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-12747055966952037982009-06-07T09:44:00.000-07:002009-06-07T10:26:00.106-07:00

I have always been of the creative nature. When I was 4 years old I wanted to be an astronaut (I still do). When I was 7, I dreamed of moving to Alaska and living as an Eskimo in a mansion igloo. So the question "What do you want to be when you grow up?" always seemed foreign to me. There were always too many options.It seems that things haven't improved much. The only thing that has changed is

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-44636621813830981252009-06-02T06:08:00.000-07:002009-06-02T06:36:48.647-07:00

Why so few succeed and why even the many who do seem to fail. What is the secret of the select few who rise time after time above their failures?How many times a day do we forfeit happiness for immediate comfort? Why would most people sit and sulk over a coffee that just isn't right rather than get up and make themselves a new one? Many are the man who will procrastinate now even though he'll

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-27776817719985617032009-05-30T19:59:00.000-07:002009-05-30T20:14:13.249-07:00

Book RecommendationAlthough I have recommended the book in the past, I'll do so again only with more esteem.I just completed the book for the third time and have concluded that it is by far one of the greatest works of modern day entrpreneurship. If you have not read it yet, I suggest you get into a book store (or online) today and purchase it. It is worth many times its weight in gold!Why am I

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-25504398524829567052009-05-21T14:19:00.000-07:002009-05-21T14:25:03.006-07:00

When does a person decide to become an accountant? When he realizes he doesn't have the charisma to succeed as an undertaker.Why did God invent economists? To make accountants and meteorologists look good. What's an actuary? An accountant without the sense of humor.Why do some accountants decide to become actuaries? They find bookkeeping too exciting.What do actuaries do to liven up their office

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-42020451913856602392009-05-10T09:55:00.000-07:002009-05-10T21:28:06.505-07:00

Some Investment AdviceLooking at the big picture, something I do often, one recognizes that the world ain't all that it's made out to be. I have a heavy hunch (based on educated analysis) that the stock market rally won't last another month and that another wild flight to safety is about to begin.But what would set this off? So what if companies are overvalued for the moment? Buy and hold would

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-15236731736611984912009-05-07T18:46:00.000-07:002009-05-10T21:40:24.752-07:00

Why work for 40 years and then retire for 25? Why not just cut down the scale. Maybe work for 40 days and then take a vacation for 25? That's how I think. It's inspired by a concept Tim Ferriss calls taking "Mini-Retirements". I am heading to Europe this coming Monday. Needless to say, I won't be able to update my blog as often, but please stay tuned as I will try my best to update whenever I can

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-40260425906691178342009-05-07T18:27:00.000-07:002009-07-10T14:08:31.860-07:00

If you know the punch line to this one before you read it its even funnier...Arnold Schwarzenegger has a big one.Michael J. Fox has a small one.Madonna doesn't have one.The Pope has one but doesn't use it.Clinton uses his all the time.Bush is oneMickey Mouse has an unusual one.Liberace never used his on women.Jerry Seinfeld is very, very proud of his.Cher claims that she took on 3.We never saw

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-89779190931959102922009-05-05T07:05:00.000-07:002009-05-05T07:21:10.768-07:00

Bernanke says that we are due for an economic recovery by year-end. In economic English this would mean that the stock market "should" find a bottom somewhere around June-July... 6 months prior to the recovery.

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-29846079367393513512009-05-04T18:53:00.000-07:002009-05-04T19:09:52.943-07:00

5 simple, to-the-point ways to run any business into the ground.Use your heart, not your head. Business is not only about passion and a good idea, but what your idea means to other people.Underestimate cash needs. Money is the life-flow of any enterprise. Without it, well, just look at our nation's banks. Just assume you won't make a dime for the first year.Skip the market research. If you don't

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-37732956554794500842009-05-04T16:22:00.000-07:002009-05-04T16:37:32.991-07:00

Rule of thumb: If you can't leave your organization for 3 days, then you're business isn't systematized. The way for it to become so, is through something we call: Delegation.What To Delegate:Delegate, don't abdicate! Follow up and and hold the delegated party responsible for making sure the job is done right.Delegate things that aren't part of your core competency (accounting, web design,

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-91851340514537655952009-05-04T14:22:00.000-07:002009-05-04T14:25:07.166-07:00

I'm re-posting this because its just too rich. "Is the speed of light too slow for you?!" Enjoy!

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-20347700293527496372009-05-04T13:19:00.000-07:002009-05-04T13:35:03.990-07:00

We all know how Mr. Market chooses to run his place, not very orderly. When everyone is on the buy bandwagon he'll dump half his shares, only to start bidding them up again a few days later. Have a look at the last bear market. (You try predicting all that!)While I do believe what we saw back in March was indeed an interim bottom, I don't think its the last time we'll see Dow 6,800. So if you

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-58934947824312417162009-05-03T12:19:00.000-07:002009-07-10T14:11:28.025-07:00

...And now that I have... I must:Mac &amp; PC - Referee - Watch a funny movie here

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-17586930633404489672009-05-03T11:45:00.000-07:002009-05-03T11:58:23.133-07:00

Here are the 5 books every entrepreneur must read before launching any business or organization. Furthermore, while audio books are quite useful and easier to listen to, I suggest you go out and buy the actual books since so much information, graphs and visualizations are contained in them.The Art of the Start - Guy KawasakiKawasaki essentially outlines the progressive stages of launching your

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-28332794125790275372009-05-03T09:43:00.000-07:002009-05-03T10:02:46.902-07:00

9 Ways to Be More ProductiveBased on the 4 Hour Workweek by Tim Ferriss1. Only answer calls you know. Surprise but don't be surprised. Use Grand Central (this service has since been bought by Google and will be released soon - so sign up now).2. No email before 10 am (or before you complete critical tasks of the day). This is so that you don't get caught up with unnecessary internet time before

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-20101976031002562072009-05-01T15:45:00.000-07:002009-05-01T15:56:44.493-07:00

Taking ChancesBook Review - The Black SwanThere is phenomenal book I've been reading/listening to by Nassim Nicholas Taleb, called The Black Swan. In short it revolved around the theory that society will tend to prognosticate or eradicate possibilities for events based on prior statistics... and then along comes a black swan a one-in-very-many chances phenomenon. Once this happens however,

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-53621984026210044742009-04-30T21:09:00.000-07:002009-05-03T10:07:49.869-07:00

Quote of the Day"When you live on different frequency you just don't hear the world's noise" - my1ambition

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-63080761025153862172009-04-29T18:38:00.000-07:002009-04-29T18:55:31.076-07:00

Sell in May and Go Away?I still don't know what to make of this one. On the one hand, this is the time when most investors take their profits and go on summer vacations. Also while part of congress takes a break, there isn't much action in the legislation arena. On the other hand, we do have the possibility of another "January Effect", in the sense that while many panic out of their stocks,

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-63013899409804466502009-04-27T16:02:00.000-07:002009-04-27T16:38:10.181-07:00

Brainstorm of the FutureI decided to brainstorm for business ideas and I started sounding like a futurist. So here is what I got. It's not thought through or logical - as it's not supposed to. It's a general idea of how to make our lives easier, better, faster, cheaper in everything we do.I give at least one example for the things we do most - Sleep, Eat, Travel, Drive, Work, Socialize, Surf,

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-21366374411078099682009-04-23T14:34:00.000-07:002009-04-23T15:29:54.780-07:00

Persistence and "Talent Buying"Nothing in the world can take the place of Persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan “Press On” has solved and always will solve the problems

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-84302479881451940362009-04-23T14:22:00.001-07:002009-04-23T14:33:39.333-07:00

A-Post-A-DayFrom this day forth I am going to try to post at least one thing per day. This is probably due to two previous obstacles that have since been solved. A wireless internet connection at home and my own laptop! So this is my new endeavor to post something, anything, be it comment, analysis, theory, quote or just random links to great articles. The posts will also be more diversified than

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-34643473199658161782009-03-30T16:40:00.000-07:002009-03-30T17:20:55.318-07:00

My Gut Says...I can get pretty emotional. Luckily I try to always keep my head to balance things out, but often ideas start from my subconscious and work their way froward. This is (I believe once again) is how many successful people (something I aspire to be) think. Edison "thought" of a light bulb long before he could build one, and Einstein "knew" his theory of relativity ages before he could

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-73771067598254160562009-03-11T10:43:00.000-07:002009-03-11T10:46:09.493-07:00

Business Sentiment As an aspiring entrepreneur I was debating whether or not to open an entirely new blog for the sake of my business insights. I chose instead to simply tag the business related articles under tag names as the topic involved (i.e. Marketing, Entrepreneur, B2B, etc).Enjoy!

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-76066289938044891692009-03-11T09:31:00.000-07:002009-03-11T10:48:36.147-07:00

Small Business Owner vs. EntrepreneurWhy can’t small business stay small?Anyone familiar with Michael Gerber's work, the E-Myth, will know all too well his “war” on small business, and on the idea that business must be a constantly growing enterprise with sights on world-class status.He explains that in order to reach this, the business must have both a phenomenal product that fills a true and

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-11837636460516255322009-03-10T13:10:00.000-07:002009-03-10T13:33:49.870-07:00

Objective Thoughts on Subjective ThinkingWhen someone tells you what they think, its often foolish and time-wasting to ask them why. They may not give you the right answer, and furthermore, they may not even know themselves! In one case study, coworkers were constantly arguing over the "mismanagement" of the ongoing merger the two companies were undergoing. Suddenly, a seemingly unrelated bicker

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-69629618307234325832009-03-04T05:07:00.000-08:002009-03-04T05:09:21.415-08:00

Nobody's Happy!Mr. Rockefeller may have been the first billionaire but he still couldn't afford an iPod!

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-13669680057439535262009-02-23T13:08:00.001-08:002009-02-23T14:18:04.646-08:00

Stop and Focus!Those are the words business guru Michael Gerber uses often when expressing to the up and coming entrepreneur what he should do almost always. "Stop. Focus!".I want you to consider stocks. Not because we are going to buy, but just to get an idea of how perception, risk and reward aspects have altered over the past few months.When we shorted the Dow at 13,00 and then again at 14,000

My1ambitionnoreply@blogger.com1tag:blogger.com,1999:blog-35091069.post-18404981174264333882009-02-22T08:50:00.000-08:002009-02-22T09:24:48.822-08:00

Has Anything Changed?I thought not. The Dow/Gold ratio kept falling from 12 to 7.5, while the Gold/Silver ratio fell from the 80s to the high 60s. So long as you owned more silver than gold or stocks you were on the right side of that trade. We kept buying Silver below our value thresholds, along with some Silver equity interests, and covered our Dow Short position at 8,000, with no intention of

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-48765498098279627492008-12-31T16:52:00.000-08:002008-12-31T17:09:04.324-08:00

Just a thought...Before I do, I just wanted to thanks everyone for their patience on the 2008 recap article. It's coming, I promise!Think about this for a second. You're driving down the highway and you see a sign saying "No fuel available for next 70 miles". You glance at your tank indicator and it seems you a little less than a 1/4 of a tank left. Unless you have a car that has awesome MPGs,

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-76366039946720964342008-12-18T14:18:00.001-08:002008-12-18T14:20:27.852-08:00

Silver Available!I found a dealer that's selling silver for less than $15 an ounce. If anyone is interested in buying - in any denomination between 1-1000 ounces - let me know!

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-43273863183007475902008-12-15T21:59:00.000-08:002008-12-15T22:23:37.046-08:00

Isn't it interestingThere are many fascinating occurrences in our markets. Call them coincidences or downright obvious, they each nevertheless deserve attention in their own right.Isn't it interesting that......Platinum which just a few months ago sold at a 100% premium to, now sells at par with Gold....While almost all agree that stocks will do very well in coming years, they nevertheless refuse

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-26414769496263339472008-12-14T08:18:00.000-08:002008-12-14T08:22:12.758-08:00

I.O.U.S.A.If you haven't seen this video yet I suggest you do(apx 33 minutes)Freaky, huh?

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-67266265451231085292008-12-11T08:49:00.000-08:002008-12-11T10:27:08.143-08:00

For the RecordI am going to be making a few statements. I hope that although they will not be accompanied with proven facts and sources that are available, they will nevertheless be understood by the market maven familiar with technical trends, sociological and basic economics. I hope to offer a thorough explanation for all mentioned in the next few days.Commodities and Oil have bottomed! We can

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-55707754830421489742008-12-07T07:58:00.000-08:002008-12-07T08:05:40.398-08:00

I'm Back!I know it has been a while since I've posted my last article. I have been traveling throughout Australia and New Zealand. I've also been quite busy recently working on various projects, including plans for starting a business.The reason for the lack of posts over the past few months, has been simply that I have said much of what has to be said, and have made very few changes to my

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-22685971735648545752008-11-04T13:35:00.000-08:002008-11-04T13:39:23.408-08:00

The Ant and The GrasshopperTwo Different Versions! Two Different Morals!OLD VERSION:The ant works hard in the withering heat all summer long, building his house and laying up supplies for the winter. The grasshopper thinks the ant is a fool and laughs and dances and plays the summer away. Come winter, the ant is warm and well fed. The grasshopper has no food or shelter, so he dies out in the cold

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-82502988130111641652008-10-09T15:21:00.000-07:002008-10-09T16:03:33.729-07:00

We're in the Money!But first a word from our Mr. Greenspan“Not only have individual financial institutions become less vulnerable to shocks from underlying risk factors, but also the financial system as a whole has become more resilient.” —Alan Greenspan, former Federal Reserve chairman, 2004... and then he casually takes off in 2006 just before a "once in a 100 year event"We mentioned a few

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-32786137146728545742008-10-07T04:35:00.000-07:002008-10-07T04:44:04.927-07:00

A Lease Rate Default before the Metal?From a 2006 Article"Silver owners on COMEX can not lease their silver out and deliver it at the same time. A rush for delivery would cause a huge shortage in the lease silver market... If COMEX is a big lease supply for silver, then just as Central Banks have leased out most of their gold reserves, I strongly suspect that that

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-32231296021749782442008-10-06T19:51:00.000-07:002008-10-06T20:26:45.990-07:00

Thoughts and QuestionsThought: 1929-32 wasn't just a decline, it was a fallout. Investors seeing a struggling economy, negative sentiment and seemingly undervalued businesses plowed funds into the stock market. Bits at first, and then in droves. As soon as enough investors thought they had bought value, came the ugly economy and bashed them again.Question: What saves us from that happening again

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-21259344854181070882008-10-06T15:30:00.000-07:002008-10-06T19:51:42.144-07:00

We Have a Long Way To GoIgnore the fact that the Dow is below 10,000.The Dow/Gold ratio is still above 11, the Gold/Silver at an incredible 78 and the U.S. Dollar is still very strong, which many may not realize may be masking the true colors of the market.We have a long way to go!

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-38933982813512212512008-10-06T00:43:00.000-07:002008-10-06T00:45:46.451-07:00

Quote of the Day"Just because I don't have my own opinion doesn't entice me to take up yours"- my1ambition

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-17810862965569371482008-10-05T23:42:00.000-07:002008-10-06T00:44:01.325-07:00

What To Focus On"The Dow can't fall!" they chanted in 1971. "The Dow won't fall below 700!" they yelled in 1974. "The Dow will never rise above 850" they cried in 1981.It seems that we are due for the same reorganizing of sentiment. In 2000 the Dow simply couldn't fall. "Stocks are long-term investments. We will never sell! No recession can make us sell our childrens' retirement money!"Long-term

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-35196732351358600972008-10-02T15:37:00.000-07:002008-10-02T15:51:47.799-07:00

$1,267 GoldThat's my fundamental, technical and sentimental prediction. Why?Fundamentally gold should be much stronger. We are amidst the stage of the credit crunch where everything falls, and Dollar deflation seems to be the name of the game. Gold is a safe-haven and has acted as such surging 58% from $650 when the news really started getting worrisome. The Dow is set to fall bringing the

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-27487292248030994102008-10-02T03:39:00.000-07:002008-10-02T04:22:47.558-07:00

Why Gold?Because it's a value game.The investor seeks value, the speculator seeks growth. The investor looks to protect his capital and only then appreciate it. The speculator looks to offset the possibility of loss by the probability for profit. I think that sums up the divide on Wall St.An investor by default has always been a bond holder. Only in specific cases would he forfeit ultimate safety

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-49219311275024253182008-10-02T03:09:00.000-07:002008-10-02T03:38:56.350-07:00

Just a few thoughts...The Gold/Silver ratio has gone to 70, while the Platinum/Silver ratio has fallen to 80. This shows increased interest specifically in gold. I safe-haven buying finds its way into silver I think there could be fireworks.The Bailout and Ban of Short-selling (of financial companies) were announced on September 19 when the Dow closed at 11,400. It has since fallen over 5% and

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-38141780642891250942008-09-25T05:42:00.000-07:002008-09-25T05:53:06.723-07:00

I think sh*t just hit the fan...China banks told to halt lending to US banks

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-18982332513522996662008-09-25T05:24:00.000-07:002008-09-25T05:27:37.806-07:00

All Pun IntendedAfter all the seriousness, the tumult in markets and all the boring posts, I thought it was time for some fun.1. The roundest knight at King Arthur's round table was Sir Cumference.He acquired his size from too much pi.2. I thought I saw an eye doctor on an Alaskan island,but it turned out to be an optical Aleutian.3. She was only a whiskey maker,but he loved her still.4. A

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-60664352574863424692008-09-24T15:38:00.000-07:002008-09-25T05:18:24.748-07:00

If the Bailout Should FailRemember these words:"It would be a mistake to be buying anything now if the government was going to walk away from the Paulson proposal... There is no Plan B".Those are the words of Warren Buffett. A man who has his money where his mouth is. Buffett seems to have a lot of faith in America, in its Government, in Hank Paulson and definitely in his old Wall Street

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-68860732045973020402008-09-23T15:53:00.000-07:002008-09-23T15:56:28.779-07:00

Election Postponed?The Internet is a crazy place, I know. But when you find something that may or may not be true in two weeks time it just makes you wonder. Here is something I found just today:The Federal Security Service, Kremlin report that the Bank of England has received a ‘notice’ from the US Federal Reserve that President Bush is preparing to declare an ‘Economic Emergency’ during the

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-71737802691642826862008-09-23T15:39:00.000-07:002008-09-23T15:46:25.436-07:00

Why No Bailout?Could it be that the Government has come to realize what the bailout could spell for the Dollar and for the future of the U.S. economy? Could Paulson and Bernanke forfeit pushing off recession for saving their own skin years down the line? Is price hyperinflation really the answer to credit deflation? Do they realize that the bailout will help gold long before it helps anything

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-22703333422326874722008-09-22T21:51:00.000-07:002008-09-22T22:28:10.667-07:00

Pay Attention!We are investors: Seeking value, not growth, safety and then return. We want to own stocks for return but their safety remains challenged. We would own bonds, but their yields are far from attractive. We would gladly buy real estate, were we to find property but find few with reasonable returns without the need for appreciation.So we are left with gold and silver. Precious metal

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-48527492491327670022008-09-22T19:08:00.000-07:002008-09-22T19:20:40.257-07:00

New Silver Exchange?Silver analyst and investor Jason Hommel, has long been an advocate of silver and gold as money and free-markets. A couple weeks back he made a strong statement about creating a new precious metals exchange, as the current one is broken, due to the fact that silver can only be bought in limited amounts, and smaller denominations cannot be bought in larger quantities close to

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-64154762876003247042008-09-22T18:38:00.000-07:002008-09-22T19:08:06.968-07:00

Hitler Get a Margin CallHilarious! The four-minute video "Hitler Gets a Margin Call" was posted at YouTube. As several other parodies have done, "Hitler Gets a Margin Call" takes a scene from the 2004 German movie "Der Untergang" ("Downfall"), which depicts the last days of the German dictator in his bunker in Berlin, and affixes bogus English subtitles, in this case making fun of gold and silver

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-67448139954042607532008-09-22T17:38:00.000-07:002008-09-22T18:37:44.197-07:00

Silver Up-Day #2!About two weeks ago a friend of mine expressed interest in buying silver. (Notice how I say "expressed interest in buying" as oppose to "in owning", but I digress). So I said to him that he'd better hurry up. I explained that silver may rally just as fast as it fell, in other words fast. I told him that I expected silver to jump in large spreads back towards its physical market

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-2435926856404256712008-09-22T02:53:00.000-07:002008-09-22T02:56:04.096-07:00

500 Trades to 8,000!It seems that the Dow was a lot closer to our predicted 8,000 than anyone thought. Were it not for that "great" bailout news by the Fed on Thursday, prices could have easily sliced through 500 thin layers of support. Unfortunately, if you ask me I think that the risk remains and the fact that many suspect that the danger has passed makes it all that important to pay attention

My1ambitionnoreply@blogger.com0tag:blogger.com,1999:blog-35091069.post-90348891685146708142008-09-21T22:32:00.000-07:002008-09-22T02:52:59.237-07:00

Some Thoughts...One looks at the market day-to-day and tries to make sense of a reckless hoard of individuals who speculate today to end up in the poorhouse by nightfall.Well, well. Pennsylvania Avenue has pledged allegiance to Wall Street at the expense of Main Street. $700B and that's just for starters. Why is it that every seemingly bad event is followed by another more disastrous one? Could

My1ambitionnoreply@blogger.com0