Why This Tech Bubble Isn’t Like The Last Tech Bubble

It has been 18 years since the ‘dot-com’ bubble happened in 2000, and many people are wondering when Ctrl + Alt + Delete button might get clicked again in their portfolio.  As the NASDAQ gently clipped the 8,000 mark this past week, there have been many articles discussing that equities are ending their run especially in the arena of technology.   However, today’s technology run is far different than that of 20 years ago when the NASDAQ traded at triple-digit P/E ratios and anything with a dot-com after it and a pulse would have significant valuation in the marketplace. Here were the top 10 holdings back in 2000 in the NASDAQ Today, the top 10 holdings in NASDAQ include the following: Apple, Amazon, Microsoft, Google, Facebook, Cisco, Intel, Comcast, PepsiCo, and Netflix. So, why is this tech bubble so much different than the tech bubble from almost 20 years ago? Dividends – Companies have lots of choices on what to do ...

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The #1 Moving Destination Is Atlanta?

As a small business owner, we face challenges every single day. It’s always nice to see great news or interesting articles about our hometown city, so I thought this one was worthy of sharing with you on Your Smart Money Moves if you hadn’t seen it or saw a caption somewhere in your LinkedIn, Facebook, or Twitter feeds. According to www.businessinsider.com, last year, truck rental giant Penske told us the No. 1 moving destination in America was Atlanta. The year before that, they told us the No. 1 moving destination in America was Atlanta. And the year before that. And now we learn that this year, everyone is … still moving to Atlanta. People complain about a lot of things in Atlanta or sometimes affectionately called Hotlanta.   They complain about the traffic.   Now, I lived in Boston and Washington, DC where the traffic was way worse than the traffic here in Atlanta.  And I think anyone who is from L.A. can attest to the fact that ...

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What Happened To My Precious Pandora?

As I pulled up my favorite Pandora station, Red Hot Chili Peppers, I anxiously awaited the install of some cool track like Scar Tissue or Give It Away.    Instead I was greeted with a movie trailer-like 30-second ad followed by a plumbing ad followed by a ‘what’s your favorite sandwich’ Panera ad.   A song later, I got hit with another ad and then followed up by yet another.   The frustration seeped quickly through my blood as all I wanted to do was listen to a few tunes of my favorite rock band.   It dawned on me recently that new technology launched through apps or a website is really exciting when it is unencumbered by the fact that eventually it will need to make money.   Think about these examples below. FACEBOOK– Facebook is still one of the most widely used social mediums that exist today.  However, like all technology machines built for growth it inevitably needed to produce a profit.    It ...

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Does Facebook Make You Spend More Money?

Our imagination is the most powerful thing that we all have in our possession.  Seventy-nine percent of smartphone users check their phone within 15 minutes of waking up, and the most popular time of day for using Facebook is in the evening. About half the time is spent on the news feed. (source bizjournals.com).  Every time we look at these pictures and newsfeeds during the morning and evening, pictures conjure up images of our friends having the time of their lives.   It makes us all take quick stock of measuring up our own lives against the visuals we see in Facebook.   So how does Facebook make us spend more money? The Vacation I Always Wanted– Facebookers are obsessed with taking pictures of their vacations by the beach, in another country, or on a cruise with the kids.   Since a picture is worth a thousand words, we often ask ourselves this question.  “How are these people finding the money to enjoy ...

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Why Your Kid Needs To Be On Social Media

I knew as soon as I wrote this title that it seems to defy Jenkin logic. Why in the world Ted does my kid need to be on Social Media? With all the Instagramming, Facebooking, and Twittering, do I really need my child exposed to more technology and creepazoids who are trolling the Internet? My general thought around this has historically been no, but it is becoming increasingly hard to avoid the allure of freebies that can come by simply being plugged into social media. For those that thought this was a fad, you are quickly seeing a transformation around the future of how our children will do much of their communication. How is it possible that having your kids connected to social media can make them more smart money moves in their life? Here are three examples of how this change occurs: Example 1: BurgerFi (In Restaurant Giveaways)– For the past few weekends, my family and I have tried ...

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The Drug Of Buying ‘Stuff’

The weather is warm and in the United States we are about to start enjoying some of the national pastimes of our country.   We love things like baseball, apple pie, the 4th of July, and grilling out in our backyards.    Oh yeah, and we also LOVE spending money.    In recent years, I’ve noticed that spending is more than just making a purchase here and there.  It’s almost a ‘crack’ like addiction, whether you wait for that Amazon package at the door or to take a photo of your tricked out new ride to post up on Facebook.   Like it or not, many Americans are addicted to the drug of buying ‘stuff’.    Why is this and how can you get your patterns changed on the home front? It seems pretty apparent that ease of access to drugs can make a user want more of them.  In our spending patterns, the ease of credit, access to our cash, and online transactions with ...

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Don’t Order Catfish On Your Next Date

I do my very best to keep up with all the latest terms and lingo that goes on within pop culture today.  At this point, since the Katie Couric interview, we’ve pretty much all heard about Manti T’eo getting “Catfish’d”.    If you have never heard the term “Catfish” (coined by the documentary “Catfish”, which basically describes an online relationship in which one of the parties involved is pretending to be someone they’re not), join the club, because the term was recently new to my vocabulary.    I suppose most guys in their lifetimes have made up a story or two about some imaginary girlfriend, but could a “Catfish” relationship actually be a money move that can ruin your wallet? First of all, let’s talk about the first date.   In my opinion even though there could be a significant cost savings by having an online first date for free, the cost of going for a cup of coffee or a dinner is ...

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How to Invest in Facebook With Less Risk (If You Still Want To)

By Ross Kenneth Urken (As Published On – www.dailyfinance.com) Even for expert stock pickers, it’s difficult to make a fully educated investment in the social media sphere. As Friday’s Facebook IPO — and its gory aftermath — proves, any theory one might have is ultimately little better than speculation. After all, the first few trading days following any IPO generally bring a lot of short-term plays with share values jumping up and down — and Facebook was no exception. It’s also difficult to predict — as Groupon likewise demonstrated this year — when a social media stock will tank. However, if you’re still looking to get in on the Facebook action, but want to mitigate your risks, the social media ETF from Global X Funds might be the right choice. A New Breed of ETF Much like a traditional mutual fund, an exchange-traded fund is an investment fund that offers a stake in a pool of investments — stocks, bonds, ...

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The Real Facebook Investing Story: How Advisers and Investors Are Using Social Media

By Ross Kenneth Urken (As Published On – www.dailyfinance.com) Investment adviser Mark Matson’s firm manages more than $3 billion for thousands of investors, and he’s a big believer in coaching those clients in the art of prudent financial planning. But the CEO of Matson Money isn’t doing the majority of that advising to people facing him across a mahogany desk or in a wainscoted boardroom at his Mason, Ohio, offices. He’s spreading his message on Facebook, Twitter and LiveStream. Matson is part of a growing trend, one that may make the age-old gripe that financial advisers aren’t responsive enough a thing of the past: High-net-worth investors are increasingly connecting with their money managers on social media. “Today’s investor is inundated with so many messages from Wall Street pundits and it’s most important for them to understand that prudent investing is rarely the message being offered,” Matson said. “That is why each week I employ social media to explain complex investing ...

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