Jan
22
How do we get our cheap goods now?
January 22, 2008 | Comments Off
The market slump we saw in the last couple of days is a reflection of a breakdown in one of the most interesting money cycles in history. It seems that American (and other industrialized) consumers have been on a shopping spree for goods produced by emerging economies. Those economies didn’t knew what to [...]
Jan
16
When It Pays To Take The Long Warranty? – Water Heaters
January 16, 2008 | Comments Off
On very few things I get impressed by the warranty ratings. Cars could be one thing. But Water Heaters warranty ratings is definitively one thing I do watch. Blueprint For Financial Prosperity ponders the question about paying double for the water heater with the extra warranty ($755 12 year vs. $355 for the 6 year). [...]
Jan
16
Quicken WillMaker – Review
January 16, 2008 | 1 Comment
One of my 2007 Goals was to prepare all of the disaster-related papers. Those include:
Last Will – Who inherits what.
Health Care Proxy & Health Care Directives – Who can make live saving or live terminating decisions on your behalf. Two documents for this purpose.
Durable Power of Attorney – Authorization to make financial decisions on your [...]
Jan
16
Turning a Recession Into An Opportunity
January 16, 2008 | Comments Off
There is no denying that recessions are not good for anyone. People and companies are cash strapped and are afraid because they do not know when things will get better. Recessions do not give any reasons to celebrate about them.
Recessions, however, provide opportunities. Proactive people pick up themselves from the sad [...]
Jan
14
Specialization or Broad Market
January 14, 2008 | 1 Comment
I frequently ponder the question: should I go deeper into the same sub-market, or should I try to expand into a broader market? The kinds of services we offer in my consulting firm, so far, have been fairly specialized. Catering to big telecommunication companies, their resellers, or their vendors. On [...]
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