Category: What’s Up!

  • HOW TO OWN STOCKS THAT DO WELL

    An understanding of the stock market is one of the most vital components to increasing your wealth, as you will have a hard time getting the most out of the stock market if you do not understand it – but while many people make an effort to understand the stock market by reading books and studying up on the nuances of the way the stock market works, they fail to ever gain the basic, foundational knowledge they will need in the long run in order to achieve stock market success. And while making money in the stock market – that is, owning stocks that will do well – is not quite “as easy as one-two-three,” it is actually a lot easier than a lot of people realize or think, as long as you know some things that you should always keep in mind!

    In reading and studying how the stock market works, one of the biggest mistakes people make is that they start investing and start studying at the same time; not only should you spend plenty of time studying a particular stock before you ever commit to adding it to your portfolio, but you should also spend plenty of time studying investing principles in general before you ever enter into the stock market.

    The next thing you should spend time on, after you have taken the time to study and understand the stock market and the stocks you hope to purchase, is practice; there are tools on many websites that allow you to use “practice money” (that is, a theoretical account, with a theoretical amount of money) in order to practice – which gives you the opportunity to make real decisions, with real stocks, without risking any real money.

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    And as you practice (and of course, as you move into actually purchasing stocks), the main thing you will want to watch for is that you are always buying stocks when they are primed to go up – when everyone else is undervaluing them – rather than when the stock is at its peak and everyone else is rushing out to buy it!

  • IS HERMAN CAIN IN TROUBLE? – PART I

    A few months ago, Conservative African American, Herman Cain, came from obscurity to become the front-runner in the Republican Party’s list of candidates for President of the United States.  Cain’s popularity soared after the GOP presidential debate in Florida winning the Florida GOP Presidential straw poll.

    Recently, Politico broke the news that during Herman Cain’s tenure as President of the National Restaurant Association (NRA) in the 90s, at least two female employees complained to association officials of sexually suggestive behavior by Cain that made them angry and uncomfortable.  According to the reporting, the two female employees signed an agreement and received financial settlements to leave their jobs at NRA.  The agreement apparently contained language barring the women from discussing their reasons for leaving NRA.

    In response to the allegations initially, Cain said that they were “unsubstantiated personal attacks” and “thinly sourced allegations.”  During an interview with Chuck Todd on MSNBC, Mark Block, Cain’s Campaign Manager, said that Cain had “never sexually-harassed anybody.”  Block said that he was “not personally aware of any settlement dealing with Mr. Cain.”  At that time, according to Politico, Cain refused to comment on any settlement involving any former employee of NRA.

    Cain subsequently appeared on Fox News and in response to a question on whether he had ever been accused of sexual harassment, Cain said: “I have never sexually harassed anyone, let me say that….Yes, I was falsely accused while I was at the National Restaurant Association, and I say ‘falsely’ because it turned out after the investigation to be baseless.”  Cain also stated during that interview that, “If the restaurant association did a settlement, I wasn’t aware of it and I hope it was not for much because nothing happened. If it was a settlement it was handled by some of the other officers of the association that worked for me. So the answer is, absolutely not.” When asked whether or not there would be other such allegations in the future, Cain responded, “Absolutely not. If other allegations come people will simply make them up. I think that’s clear, no? No.”  So initially, Cain stated that he was “not aware” if the NRA paid off any female staffer who accused him of sexual harassment, and if it did, he hoped it wasn’t for much.”  Later during the day, however, NBC News confirmed that one woman received a settlement from NRA after complaining about inappropriate sexual conduct by Herman Cain although not disclosing who she was.

    Since this story wouldn’t go away, the Cain campaign followed the no comment phase with the “blame game.”  There was the ‘blame-the-media’ position including a statement that, “a prominent conservative targeted by liberals simply because they disagree with his politics.”  (Actually, it would be ludicrous for liberals to disrupt Cain’s campaign because if the truth be told, they are hoping that Cain secures the Republican nomination.)  Subsequently, there was somewhat of a denial of the allegations by Cain’s Campaign Chairman and by Cain, both stating that Cain had been “falsely accused” while not denying that the NRA and the victims had reached a financial settlement.  Subsequently, Cain backtracked and stated that the NRA’s general counsel and the human resources department did conduct an investigation into allegations about his conduct in the late-90s.  In a later interview with Bloomberg News, Cain said that the US Equal Employment Opportunity Commission did investigate allegations he sexually harassed an employee and found “no basis” to pursue the case. This has not yet been confirmed at this writing.

    NRA released the following statement regarding allegations against Herman Cain while he was President during the 1990s:

    “The incidents in question relate to personnel matters that allegedly took place nearly fifteen years ago. Consistent with our longstanding policy, we don’t comment on personnel issues relating to current or former employees,” said Sue Hensley, Senior Vice President of Public Affairs Communications for the National Restaurant Association.”

    For Cain not to have known that NRA had settled sexual harassment complaints against him “would be highly unusual, extremely unlikely, and I would be shocked if that were the case,” says Patricia Barasch, President of the National Employment Lawyers Association.

    In an interview on Fox News’ Greta Van Susteren’s show, Cain was asked what led to the accusation.  Although there were reportedly more than one complaint,  Cain said he recalled just one incident. “She was in my office one day, and I made a gesture saying – and I was standing close to her – and I made a gesture saying you are the same height as my wife. And I brought my hand up to my chin saying, ‘My wife comes up to my chin.’” At that point, Cain gestured with his flattened palm near his chin. “And that was put in there [the complaint] as something that made her uncomfortable,” Cain said, “something that was in the sexual harassment charge.”  Cain couldn’t recall whether or not the woman complained at that time.  Why was Cain standing so close to that employee?

    PART II TOMORROW

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  • HOW TO MAKE MONEY BY SHOPPING AT GARAGE SALES

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    You begin to realize that opportunities to make money exist in great abundance, as soon as you get in the habit of looking for these opportunities. And when it comes to finding one of the biggest, easiest, and most profitable ways to make some extra money, nothing beats selling items online! And even though you probably do not have piles of useful used items spread all throughout your house, you can easily find such items for sale. As you begin to visit garage sales and yard sales, you will find that lots of people sell useful items for “get rid of it” prices – items you can sell for more on eBay!

    When it comes to shopping at garage sales to make some extra money, the first key is to start with a small-scale operation. Your eBay seller rating is important, so if you start out selling a lot of little items, you will be able to build a solid eBay seller rating early on. You should only need to make one, small investment into your foray into eBay; this should be a small investment, and the money will be paid back to you over time, after which you will continue to reinvest your profits. Start with about $50, buying lots of smaller items; you can double or triple this money, pay your investment back to yourself, and then use only this money for your garage sale shopping from that point forward!

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    You can start to look for items that you will be able to sell at a higher price once you have established a good seller rating and built up a little reservoir of money. The biggest key here is research; just because you might think something will sell for a high price does not mean it will! Even before you head out there to shop at garage sales, you should know what you are looking for; in this way, you can be proactive instead of reactive.

    Finding items that others want and making these items available for auction is really all there is to making money on eBay. Once you get into a good groove of finding the items people want, your initial investment can start to seriously grow!

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