by Leif Jensen | Jun 1, 2021 | Investing, Money Management |
When buying stock I believe we subconsciously pick and investment style. It is usually based upon what we have read or hear. But we all invest for the upside, at least theoretically. Upside refers to the potential increase in value, measured in monetary or...
by Leif Jensen | May 26, 2021 | Investing, Money Management, Running a Business |
A number of business for sale state they are a turn-key operation, as well do a huge number of franchises for sale. But, a true turnkey franchise is in a “condition ready for immediate use, occupation, or operation,” according to a strict definition. In most cases, a...
by Leif Jensen | May 25, 2021 | Rant |
There are surprising aspects of the ancient Viking life that affects our daily lives to this day, and most people may not even be aware. The most obvious impact is the days of the week. Tuesday is Try’s day, for the Viking God of War Wednesday is Wodin’s day or...
by Leif Jensen | May 24, 2021 | Investing, Money Management, Running a Business |
Thinking of buying a business instead of starting one from scratch? If so, make sure you do your proper due diligence on the business before you pay. I have been watching “Restaurant Impossible” and I am flabbergasted at the price people supposedly paid for...
by Leif Jensen | May 19, 2021 | Investing, Money Management, Rant |
I have a client who is also a friend and each and every year he has some gambling winnings. I give him a little amount of grief over the winnings. We both know that his losses exceed his winnings. But with the restructuring of the Schedule A, my client no longer can...
by Leif Jensen | May 18, 2021 | Estate Planning, Investing, Money Management |
I have a client who has an adult child, that has some issues, and they want to make sure that they are in essence providing long term care. I recommended that they buy a six flat where they can earn enough from the 5 units so their child will always have a place to...
by Leif Jensen | May 17, 2021 | Rant |
I was reading and article on how the Uber wealthy raise their kids to be the next leaders of the industry and the world. These three “rules” are common themes To set children up for success, parents should practice honesty and let kids make their own mistakes. Setting...
by Leif Jensen | May 12, 2021 | Rant |
Have you ever wondered why the 3 Musketeers bars is called what it is? I remember that name as odd when I was an idiot child. I saw Athos, Porthos and Aramis on the label and left it at that. D’artagnan was the 4th Musketeer. The Musketeer names I found out later....
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...
