3 ways to help protect yourself from inflation

The subject of inflation is a hot topic these days as the Federal Reserve continues to pump more and more money into the system. Republican members of congress recently grilled Federal Reserve Chairman Ben Bernanke over whether the Fed’s policies are raising the risk of higher inflation in the months ahead. After all, prices are indeed rising. Of course Bernanke “blamed higher prices on strong demand from fast-growing countries such as China— not the Fed’s... Read More

Research products before investing

I don’t think anyone can refute the fact that consumers are getting smarter and smarter every day. Especially with the proliferation of smart phone and tablet technology, consumers can find reviews, compare prices, scan bar codes, and contact friends all at the store without even asking for assistance. Some could even argue that consumers now know more about a store’s products even better than their own employees. Because consumers are becoming smarter with their... Read More

Costs affecting the fabric of our lives

There have been a few signs that the economy has been improving. Retail sales have been increasing. In fact, they have been increasing for the past seven consecutive months. I shouldn’t have to tell you that this is a good thing. Of course, not everything is getting better. “Chris Christopher, an economist at IHS Global Insight, said consumer spending will likely continue to increase over the next few months. But he predicts it will happen more slowly than at the end... Read More

Political unrest and the market

If you have been watching the market today you would not have missed the drop across the board. Flash Player 9 or higher is required to view the chartClick here to download Flash Player nowView the full chart at Wikinvest With the successful overthrow of the president in Egypt, citizens in other countries are becoming emboldened to stand up to their government. The latest situation in Libya, with Libyan leader Moammar Gadhafi vowing to fight to his “last drop of blood”... Read More

Are we entering a social media bubble? Part 2

In the last part we went over some of the revealed financials of LinkedIn. In this part we will look at two other social media giants: Twitter and Facebook. Twitter: Twitter keeps most of its financials and information under tight wraps. However, there have been supposed leaks of a few pieces of information. Let’s look at some of the “rumored” numbers for Twitter: In December 2010, Twitter was valued at nearly $4 billion by investor Kleiner Perkins Recent investor... Read More

Are we entering a social media bubble? Part 1

Dan Nye, chief executive of LinkedIn (Photo: Dave Getzschman ) We’ve seen the dot-com bubble and the housing bubble. Are we entering a social media bubble? The major social media site are Facebook, Twitter, and LinkedIn. Social media IPO (initial public offering) talk is all the rage. Let’s take a look at the social site most likely to have an IPO first – LinkedIn. IPOs already have a high level of risk due to relatively short historical data. Let’s look... Read More

Bad service is a poor investment

Just last week I wrote about how important customer service is when running a restaurant. Little did I know how soon I would have a great real-life example to demonstrate its importance. It is not to the point where I want the entire world to know about this business, so I will leave out specific information. Let’s just say this place is known as a steakhouse in Reno, NV. My wife and I love steak. Yesterday was Valentine’s Day, so dinner was one of the more important... Read More

“The Fix” for the economy?

My friend forwarded this email to me because he knew I would enjoy the economics of it. — The Fix There recently was an article in the St. Petersburg , Fl. Times. The Business Section asked readers for ideas on: “How Would You Fix the Economy?” I think this guy nailed it! Dear Mr. President, Please find below my suggestion for fixing America ‘s economy. Instead of giving billions of dollars to companies that will squander the money on lavish parties and... Read More

Don’t forget how volatile stocks really are

Source: Andy Zaky When you think of the company Apple, what sort of characteristics of the company do you envision? Some things that many would bring up are: Apple is a very stable company Apple makes a huge amount of profit Apple stock is stable Thursday showed a different story. Without any real warning the stock suddenly dropped from $360 to $349 in mere minutes. While $11 doesn’t seem like a lot considering the total stock price, about $10 billion worth of market capitalization... Read More

I would like to thank the New York Jets

I would like to thank the New York Jets. It was back in September 2010 when Ines Sainz accused the players in the New York Jets locker room for making lewd comments at her while she was there to interview quarterback Mark Sanchez. I frequent a few major sports internet forums and she was the talk of the day. Many posters were making comments about her rear end, but what really caught my eye was when the subject of “butt-lifting” pants became part of the discussion.... Read More