Archive for April, 2010

PostHeaderIcon Jim Rogers “Things Are Getting Worse – Stay Out of Stocks”

Blair Fowler Interview with Folica.com, 3 Mini Tutorials, Giveaway, and More!

subscribe to my vlog channel!http://www.youtube.com/otherjuicystar07follow me on twitter!http://www.twitter.com/juicystar007subscribe to my sister!http://www.youtube.com/allthatglitters21shop folica!http://www.folica.comcoupon code: BLAIR for 10% off any order over $50 (this offer excludes CHI appliances and ends on april 30, 2010.)shop glitzy-glam!http://www.glitzy-glam.comcoupon code for mothers day: lovemom for 10% off your entire purchaseread hair junky! http://www.hairjunky.comGIVEAWAY TIME!one lucky winner will win a sedu revolution flat iron and blow dryer! all you have to do is go to http://www.folica.com and look around the site. then, leave a comment on this video letting me know either (A) your favorite hair product from the webcite, or (B) what you would love to try from the cite. you must be a subscriber to enter this giveaway. it is open internationally and if you are under 18, please ask a parents permission before entering! this giveaway will end on may 1, 2010 at 12:00 AM EST. products mentioned in this video!sedu revolution 4000i hair dryer (the best blow dryer i have ever tried. i dont think i will EVER use another one!) $139.99http://www.folica.com/Sedu_Revolution_d4724.htmlsedu revolution 1 flat iron (straighten, flip, curl, and add body all with this iron. it also comes in pink!) $139.99http://www.folica.com/Sedu_Revolution_d6422.htmlbumble and bumble does it all styling spray (my new favorite hair product! it gets my antennas down flat!!!! and its pretty inexpensive!) $22.95http://www.folica.com/Bumble_and_bumb_d2869.htmlbabyliss pro hair curlers (i got a set of these cause they worked so well!) $35.95http://www.folica.com/BaByliss_PRO_Ce_d1994.htmlhot tools professional 3 Barrel Waver (the exact waver that we used in the video is not avalible on the site yet, but this one does the same look!) $36.95http://www.folica.com/Hot_Tools_Profe_d1043.htmlFTC Disclaimer:regarding the products that we mention, folica was kind enough to let me take home the ones that i liked! they are not paying me for this video and it was just a fun thing to get together with them while i was in NYC since we have worked together before. i dont think i have to tell you all this, but all opinions are true and my own!

Jim Rogers “Things Are Getting Worse – Stay Out of Stocks”

PostHeaderIcon Warren Edward Buffett….World's second richest man facts

Warren Edward Buffett (born August 30, 1930) is a U.S. investor, businessman, and philanthropist. he is one of the most successful investors in history, the largest shareholder and C.E.O. of Berkshire Hathaway, and is currently ranked by Forbes as the second richest human on Earth with an estimated net worth of approximately thirty-seven billion dollars.

Buffett is often called the “Oracle of Omaha” or the “Sage of Omaha” and is noted for his adherence to the value investing philosophy and for his personal frugality despite his immense wealth.

Buffett is also a notable philanthropist, having pledged to give away 85% of his fortune to the Gates Foundation. he also serves as a member of the board of trustees at Grinnell College.

In 1999, Buffett was named the top money manager of the twentieth century in a survey by the Carson Group, ahead of Peter Lynch and John Templeton,. In 2007, he was listed among Time’s 100 most Influential People in the world.

Here are some very interesting aspects of his life:

1. he bought his first share at age 11 and he now regrets that he started too late!

2. he bought a small farm at age 14 with savings from delivering newspapers.

3. he still lives in the same small 3-bedroom house in mid-town Omaha ,
that he bought after he got married 50 years ago. he says that he has
everything he needs in that house. His house does not have a wall or a fence.

4. he drives his own car everywhere and does not have a driver or security people around him.

5. he never travels by private jet, although he owns the world’s largest private jet company.

6. His company, Berkshire Hathaway, owns 63 companies.
He writes only one letter each year to the CEOs of these companies, giving them goals
for the year. he never holds meetings or calls them on a regular basis.
He has given his CEO’s only two rules. Rule number 1: do not lose any
of your share holder’s money. Rule number 2: Do not forget rule number 1.

7. he does not socialize with the high society crowd. His past time
after he gets home is to make himself some pop corn and watch Television.

8. Bill Gates, the world’s richest man met him for the first time only
5 years ago. Bill Gates did not think he had anything in common with
Warren Buffet. So he had scheduled his meeting only for half hour. But
when Gates met him, the meeting lasted for ten hours and Bill Gates
became a devotee of Warren Buffet.

9. Warren Buffet does not carry a cell phone, nor has a computer on his desk.
His advice to young people: “Stay away from credit cards and invest in yourself and
Remember:
A. Money doesn’t create man but it is the man who created money.
B. Live your life as simple as you are.
C. Don’t do what others say, just listen them, but do what you feel good.
D. Don’t go on brand name; just wear those things in which u feel comfortable.
E. Don’t waste your money on unnecessary things; just spend on them who really in need rather.
F. after all it’s your life then why give chance to others to rule our life.”

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Warren Edward Buffett….World's second richest man facts

PostHeaderIcon iGo is Worth the Gamble

I apologize I have not been writing about specific stocks in a while. But I promise to make it up to you with this small-cap stock. It only have a market cap of 60 million but that means there’s much potential in it. The stock symbol is IGOI. The company is called iGo and they make chargers. Their website is at http://www.igoi.com.

Why do I like them?

The business is simple. They make chargers and sell them. You can read their SEC filings and you won’t find anything other than that.

They also hold lots of patents. One patent that has got a lot of news is their ability to protect against Vampire power. Check out www.vampirepowersucks.com to find out more information. Vampire power is the power that gets drained out of your devices even though they have already been recharged. This means you are wasting valuable electricity and paying higher prices because of your inefficient chargers.

They have received multiple accreditions from PC World and have won Best of CES 2010 for their green chargers. If you wish to invest in green energy, then you’ve found the company here. Think about if they were to get big companies to buy their iGo chargers. The companies would save a bunch on electricity and be “green friendly.” The government would be a proponent for that.

They also have tons of potential. To give you a little history, they used to be an OEM supplier of chargers. They actually produced chargers for other companies that would rebrand them and sell it. Targus was a major buyer of their products. Many of the new iGo chargers have similar functionality to the old Targus chargers, but with more functions and fixes. Their stock price plummetted in the past few years when their sales starting going down and Targus stopped buying their chargers. Management is doing the right thing – cut the middleman and sell it themselves.

iGo chargers are just beginning to get big. They already have some viral media out with their ‘Vampire Sucks’ videos. They also are giving iGo chargers away through shows like Bonnie Hunt. They need to continue to press social media and get the word out of their chargers. Being new to the game of selling their mechandise, if they can maintain high quality products and get those distributed, they will be a game changer in the recharger business. Exposure is a big thing going forward for them. I doubt many people have heard about this business.

Here’s one of the biggest things I see going forward: Wal-Mart. Yes, they have got accepted to Wal-mart after doing some small trial runs with them. Starting in the second half of 2010, you will see green chargers in Wal-Mart. iGo chargers are already being distributed to Radio Shack and Office Max. You can bet after it gets into Wal-Mart that other big good stores like Target will want to sell their brand.

Currently it sells for $1.73. It was at $1.68 earlier today. The stock was up at a high $2.06 this past month. I am sure the stock will be hitting new highs soon. There’s just so much reward to risk in this stock to pass this opportunity up. It has already broke the last resistance at $1.80. The next resistance would be at $3 which would give it almost a 50% gain from where it’s at right now.

Disclosure: I own IGOI

PostHeaderIcon Jim Rogers Thinks Goldman Case Could Be Catalyst For Correction (GS)

While many investors believe the fallout from the SEC’s fraud charges against Goldman Sachs (NYSE: GS) will be minimal, one billionaire investor sees it a little differently.

Legendary investor Jim Rogers told CNBC Saturday that, “Any market that goes up this much, this fast, this steadily without a correction – it’s not normal. When that sort of thing happens, the market could be setting itself up for a 15-20% correction.”

While Rogers does not think the Goldman issue itself will cause a correction, it may be the catalyst for selling.

Rogers was not surprised by the SEC’s actions, noting these kind of investigations usually take place after a major financial meltdown. Rogers said it is important to stay calm and not overreact to the situation.

He went on to add, “It’s not time to sell in any significant way.” However, he said investors should consider adding short to their portfolio and suggested investors short indexes.

Finally, as an avid commodities investor, Rogers said any pullback in gold is an opportunity to buy the yellow metal.

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Jim Rogers Thinks Goldman Case Could Be Catalyst For Correction (GS)

PostHeaderIcon Stock Exchange for Dummies

Wouldn’t you love to be a business owner without ever having to show up at work? Imagine if you could sit back, watch your company grow, and collect the dividend checks as the money rolls in! this situation might sound like a pipe dream, but it’s closer to reality than you might think.

Stocks, without a doubt, are one of the greatest tools ever invented for building wealth. Stocks are a part, if not the cornerstone, of nearly any investment portfolio. when you start on your road to financial freedom, you need to have a solid understanding of stocks and how they trade on the stock market. Over the last few decades, the average person’s interest in the stock market has grown exponentially. What was once a toy of the rich has now turned into the vehicle of choice for growing wealth. this demand coupled with advances in trading technology has opened up the markets so that nowadays nearly anybody can own stocks.

What Are Stocks? the Definition of a Stock

Stock is a share in the ownership of a company. Stock represents a claim on the company’s assets and earnings. as you acquire more stock, your ownership stake in the company becomes greater. whether you say shares, equity, or stock, it all means the same thing. being an Owner Holding a company’s stock means that you are one of the many owners (shareholders) of a company and, as such, you have a claim (albeit usually very small) to everything the company owns. Yes, this means that technically you own a tiny sliver of every piece of furniture, every trademark, and every contract of the company.

As an owner, you are entitled to your share of the company’s earnings as well as any voting rights attached to the stock. a stock is represented by a stock certificate. this is a fancy piece of paper that is proof of your ownership. In today’s computer age, you won’t actually get to see this document because your brokerage keeps these records electronically. In the past, when a person wanted to sell his or her shares, that person physically took the certificates down to the brokerage. Now, trading with a click of the mouse or a phone call makes life easier for everybody.

Being a shareholder of a public company does not mean you have a say in the day-to-day running of the business. Instead, one vote per share to elect the board of directors at annual meetings is the extent to which you have a say in the company. the management of the company is supposed to increase the value of the firm for shareholders. if this doesn’t happen, the shareholders can vote to have the management removed, at least in theory. In reality, individual investors like you and I don’t own enough shares to have a material influence on the company. It’s really the big boys like large institutional investors and billionaire entrepreneurs who make the decisions.

Another extremely important feature of stock is its limited liability, which means that, as an owner of a stock, you are not personally liable if the company is not able to pay its debts. Other companies such as partnerships are set up so that if the partnership goes bankrupt the creditors can come after the partners (shareholders) personally and sell off their house, car, furniture, etc. Owning stock means that, no matter what, the maximum value you can lose is the value of your investment. even if a company of which you are a shareholder goes bankrupt, you can never lose your personal assets.

In the next post I will show you what is debt and equity in stock market.

Stock Exchange for Dummies

PostHeaderIcon Should Republicans Take a Page From Warren Buffet’s Playbook?

Warren Buffet, one of the country’s most successful investors (he owns Berkshire Hathaway), just this morning announced he is buying Northern Burlington Railroad for just north of 44 Billion Dollars !

He said that “It’s a bet on the country basically.” he said he believes in the U.S. Economy, and this is his way of showing it.

Should the republicans take the same tact, instead of constantly being negative, so negative they are now known collectively as the party of NO! no new ideas, no answers, no hope.

Should Republicans Take a Page From Warren Buffet’s Playbook?

PostHeaderIcon George Soros hates Paulson's bailout.


George Soros (AP Photo/Manish Swarup)

by Frank James

George Soros, billionaire financial speculator, philanthropist and liberal boogeyman to many conservatives, doesn’t like Treasury Secretary Henry Paulson Jr. $700 billion bailout plan.

Indeed, from his Financial Times opinion piece, it doesn’t sound like he’d allow Paulson to manage any of his billions of dollars.

Here’s an excerpt. Pay close attention to what he says about “asymmetric information,” one of his favorite subjects. it’s the idea that not all parties in financial transactions have equal access to best-informed party usually has the upper hand:

Mr Paulson’s record does not inspire the confidence necessary to give him discretion over $700bn. His actions last week brought on the crisis that makes rescue necessary. On Monday he allowed Lehman Brothers to fail and refused to make government funds available to save AIG. by Tuesday he had to reverse himself and provide an $85bn loan to AIG on punitive terms. The demise of Lehman disrupted the commercial paper market. a large money market fund “broke the buck” and investment banks that relied on the commercial paper market had difficulty financing their operations. by Thursday a run on money market funds was in full swing and we came as close to a meltdown as at any time since the 1930s. Mr Paulson reversed again and proposed a systemic rescue.

Mr Paulson had got a blank cheque from Congress once before. that was to deal with Fannie Mae and Freddie Mac. His solution landed the housing market in the worst of all worlds: their managements knew that if the blank cheques were filled out they would lose their jobs, so they retrenched and made mortgages more expensive and less available. within a few weeks the market forced Mr Paulson’s hand and he had to take them over.

Mr Paulson’s proposal to purchase distressed mortgage-related securities poses a classic problem of asymmetric information. The securities are hard to value but the sellers know more about them than the buyer: in any auction process the Treasury would end up with the dregs. The proposal is also rife with latent conflict of interest issues. Unless the Treasury overpays for the securities, the scheme would not bring relief. but if the scheme is used to bail out insolvent banks, what will the taxpayers get in return?

Soros then gives a big shout out to Sen. Barack Obama.

Barack Obama has outlined four conditions that ought to be imposed: an upside for the taxpayers as well as a downside; a bipartisan board to oversee the process; help for the homeowners as well as the holders of the mortgages; and some limits on the compensation of those who benefit from taxpayers’ money. These are the right principles. They could be applied more effectively by capitalising the institutions that are burdened by distressed securities directly rather than by relieving them of the distressed securities.

The injection of government funds would be much less problematic if it were applied to the equity rather than the balance sheet. $700bn in preferred stock with warrants may be sufficient to make up the hole created by the bursting of the housing bubble. by contrast, the addition of $700bn on the demand side of an $11,000bn market may not be sufficient to arrest the decline of housing prices.

Something also needs to be done on the supply side. to prevent housing prices from overshooting on the downside, the number of foreclosures has to be kept to a minimum. The terms of mortgages need to be adjusted to the homeowners’ ability to pay.

George Soros hates Paulson's bailout.

PostHeaderIcon CNBC Expert Warns of $150-200 Barrel Oil

Imagine seeing this prediction on your television screen: “Oil will hit $150 or $200 during this commodity bull market.”

Makes you want to stockpile oil while it is priced at $98 a barrel, but such was the case on CNBC today.

Credit Billionaire Jim Rogers, described as a commodities guru and a founding partner with the infamous George Soros of the Quantum Fund in 1970. he told Maria Bartiromo on the November 20 “Closing Bell” on CNBC he see’s no slowdown in the rising price of oil, regardless of what OPEC does.

“OPEC had a big meeting this week,” Rogers said. “If they had a lot more oil to produce, they would be producing it. they don’t have it.”

Rogers insisted OPEC’s inability to meet the demand for oil – not political instability (i.e. U.S. foreign policy) constantly trumpeted in the media.

“[T]hey’re smart enough to know that ultimately is long-term – and they’ve got to be in for the long-term – is going to bring out alternative sources of energy and if they don’t do something the economy is in the tank and it’ll bring out a lot of windmills and a lot of solar power,” Rogers said. “They’re at least that smart. The problem is they don’t have the oil.”

Rogers has also been critical of the U.S. dollar in recent days. he told Bloomberg on November 14 to get rid of them.

“If you have dollars, I urge you to get out,” Rogers said in an interview from Singapore. “That’s not a currency to own.”

CNBC Expert Warns of $150-200 Barrel Oil

PostHeaderIcon Myanmar – Myeick – Travel – Jim Rogers World Adventure | Fenton …

Leading economic expert Jim Rogers traveled to 150 countries over 150,000 miles in three years – follow his adventures here on FentonReport.

In this video Jim and Paige take a ship to Myeick in Myanmar.

Copyright Jim Rogers – provided as a special contribution to The Fenton Report.

Categories: Jim Rogers, Travel, Video
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Myanmar – Myeick – Travel – Jim Rogers World Adventure | Fenton …

PostHeaderIcon Jim Rogers Taiwan

A look into the Jim Rogers Taiwan views from his interviews and outlook on the country.

Jim’s views on the outlook of Taiwan has been closely linked to its relationship with China.

He has been very positive on the outlook of China, stating many times that 21st century will belong to China, and that countries that are close to the country in the region, such as Taiwan and Vietnam, have a tremendous potential to benefit from the raise of China, similarly how Canada became prosperous being a neighbor to the United States in the 20th century.

However, in an interview to the Taiwanese Common Wealth Magazine in 2008, Jim stated that he has been withheld from investing into Taiwan in the past, because of the relatively bad relationship the Taiwanese government has had with its Chinese counterpart.

In the same interview, he stated that

    There is a lot of brains and a lot of capital in Taiwan, that they have developed over the past 60 years…China has huge amounts of labor and a huge market, so a combination of Taiwan, with its management, brains, and capital, and China, with its huge labor and markets, it’s a perfect combination, you should take over the world.

In April of 2008, Jim told a business audience for his speech in Taipei, Taiwan, that “about six weeks ago, I started buying Taiwan stocks for the first time in my lifetime”, by buying exchange-traded funds (ETFs) targeting Taiwan stockmarket, because of the warming relationship between China and Taiwan.

However, as always, Jim’s long term outlook is dependent on the fundamentals, and with Taiwan, those fundamentals are closely tied to the developing relationship with China.

From Jim Rogers Taiwan page to Forex Guide index

Jim Rogers Taiwan