by Leif Jensen | May 11, 2021 | Investing, Money Management |
One of my virtual currency investing clients strongly suggested that I become an expert is how the IRS handles the taxation aspect of virtual currencies. I agree with this advice. Virtual currencies are out there and everyone seems to want to get in on the ground...
by Leif Jensen | May 10, 2021 | Investing |
I was meeting with a client and we were discussing the markets and our investments. He stated that he bought into Bitcoin and a diversification measure. He believes e-currency is here to stay and believes that Bitcoin will at least in the near future be the big...
by Leif Jensen | May 5, 2021 | Investing |
During a regular meeting with a client, they brought up one of their clients who consistently sold stocks once they hit a certain price point. Then they would buy it back it a hit another price point. So they always buy low and sold high. In other words, they did...
by Leif Jensen | May 4, 2021 | Rant, Running a Business |
I have been attempting to get some drywall repair done, since I had Permaseal out to do some work. I would prefer to not do it myself. I have done it in the past and I can do it, but others are far better. But over half of the people I called demand a $100 fee just...
by Leif Jensen | May 3, 2021 | Investing |
We have recently seen trading platforms that have frozen their clients out of the segments of the market at critical times. This is a major concern or should be if it is not to those investors. These days all of our transactions are virtual, and few have any paper on...
by Leif Jensen | Apr 26, 2021 | Investing |
“The need for investor literacy and, by extension financial literacy as a whole, is still paramount,” said Ken Zendel, CEO of the National Association of Investors, a nonprofit organization geared towards investor education, which had growing membership in 2020. This...
by Leif Jensen | Apr 19, 2021 | Investing |
Investors continue to pour money into exchange-traded funds, or ETFs, in 2021 after sizable inflows in 2020 ($507 billion) and 2019 ($326 billion). While the Federal Reserve is partly responsible for 2020’s record flows, the liquidity, tax and diversification benefits...
by Leif Jensen | Apr 15, 2021 | Uncategorized |
“Far too many are missing out on the basic building blocks of wealth creation because of lack of knowledge, exposure and opportunity.” Ken Zendel, CEO of the National Association of Investors There is a formula for wealth creation. That is beyond being born into it...
by Leif Jensen | Apr 13, 2021 | Running a Business |
I have been harping that everyone should have a side business to supplement their income and savings. The pandemic helped drive that point home with a vengeance. How many people all of a sudden became unemployed? Granted this time there was more assistance with the...
by Leif Jensen | Mar 29, 2021 | General |
With the outbreak of the pandemic, more people have moved to contactless payments. Primarily contactless credit cards, which have a special chip that allows users to pay for a transaction simply by putting their card close to a payment terminal, rather than inserting...
by Leif Jensen | Mar 15, 2021 | Running a Business |
I have been approached four times to sell a property I own, which is amusing, since I thought once I bought it I would have trouble selling it because of the poor parking situation. I am using the property for storage at the moment. But it is filled to the rafters....
by Leif Jensen | Mar 10, 2021 | Running a Business |
Was watching the “Food That Made America” and they showed how C.W. Post stole the recipes for their breakfast cereals from the Kellogg brothers. This was when America was much younger and people more ruthless and had no regard for others and their intellectual...
by Leif Jensen | Mar 9, 2021 | Running a Business |
Had an interesting conversation with my eldest son. At times it seems like I have to have the same conversations with my kids over and over again… #1 was stating that succeeding in the US today was near impossible, unlike in the past. I told him he was full of it and...
by Leif Jensen | Mar 8, 2021 | Investing |
Back on September 1, 2020 the Centers for Disease Control and Prevention (CDC) issued an Agency Order titled Temporary Halt in Residential Evictions to Prevent the Further Spread of COVID-19 (Order). The Order prohibits residential landlords nationwide from evicting...
by Leif Jensen | Mar 3, 2021 | General |
Finally the feds are cracking down on emotional support animals on airplanes. Here is an example of a “good idea” turned bad. In a new ruling, the Department of Transportation defines a service animal as a dog that is individually trained to do work or perform tasks...
by Leif Jensen | Feb 18, 2021 | Investing |
Brick and mortar or, physical retail is not dead just yet. Some are finding ways to adapt to the new landscape. Most small retailer are going online, having the physical presence, as well as online. There are tools and services to assist in this endeavor and the cost...
by Leif Jensen | Feb 17, 2021 | Rant |
Quietly sitting at home and buying items on your computer was already more than a trend, it was a way of life for some. But in the new world order it is now turbocharged. But note the trends within this trend. Shoppers are not just buying more stuff online. What they...
by Leif Jensen | Feb 16, 2021 | Running a Business |
In the early 19th century, Robert Owen raised the demand for a ten-hour day in 1810 and instituted it in his socialist enterprise at New Lanark. By 1817 he had formulated the goal of the eight-hour day and coined the slogan: “Eight hours’ labour, Eight...
by Leif Jensen | Feb 10, 2021 | Running a Business |
I guess I have not been taking my Zoom call as seriously as I should. Granted I have not had that many meetings with clients, but I do have a monthly BOD call with a NFP client. But I have not been as worried about my background as others apparently have. I stumbled...
by Leif Jensen | Feb 9, 2021 | Taxes |
There is always a lot of wind from politicians to get the top 1% of taxpayers to pay their fair share of taxes. Well according to the IRS they are and have been doing just that. The tax burden on high incomers earners has increased, according to IRS statistics. The...
