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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10 Ways To Cut Your Food Bill

Is your family what I call an equal opportunity grocery shopper?   When you look at your debit or credit card statement, do you wonder the reasons why Kroger, Publix, Trader Joe’s, and Whole Foods all show up as a line item?  For individuals and families alike, the ‘food’ bill has become one of the largest line items in the household budget.   Food can include groceries, dining out, and even meals on vacation.   Here are my ten your smart money moves tips on how to trim the ‘fat’ from your food bill this year. Make A List– I picked up a cool list pad from Urban Outfitters.   You can snag a list by searching for grocery list under images in Google if you want one for free. Sunday Night Grilling– It’s hard to prepare all of your meals for the week.  Consider grilling up a bunch of chicken or steak in bulk on a Sunday night and keeping it to add ...

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Why Lyft Has Won My Heart

During the Labor Day holiday I was in San Francisco visiting some friends who live in the city (Market and 8th if you’re familiar). I typically like to drive everywhere but, if you’ve ever been to San Francisco a parking spot is a rarity. So, I decided to try something new and download the Lyft app. I’ve heard a lot about ride share programs before online and have seen the ads, but I had no idea how they worked until now. Here’s how you can get a ‘Lyft’: You download the Lyft app on your iPhone or Google Android Set Up your Lyft Profile with your name, a picture of your choosing, and credit card info After you’ve set up your profile you’re ready to request a ‘Lyft’. When you’re ready you can do so by simply clicking a button on your phone. In the app, it’ll show you how far your nearest Lyft driver is. After you push the button to ...

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Can you name the 18 small business tax cuts?

It’s hard for all us not to get political during an election year.    In the next several months you’ll see more negative mudslinging between the Presidential candidates in a war of negativity and word twisting that I don’t believe we have ever experienced before.    Since I am a small business owner, one of my points of view during this election is to look out for and inform other small business owners.    Since I think small business owners will be the real engine of job growth over the next four years, owners need to really look closely at what the candidates are proposing to do to support the growth of small business. It’s funny to me that all we hear about is that over the past four years there have been 18 small business tax cuts by the current administration to drive small business growth.  If you try to Google the 18 small business tax cuts, you’ll find out quickly that ...

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Why Do We Love Coupon Sites So Much?

It’s true, we all love to get a deal.  In fact, I’m pretty certain that if your married, your wife your husband came home one night and said, “Don’t you just love this new (insert word) that I bought today.  Even better, I got it on SALE!”    Why is it that the word SALE or DEAL puts into a hypnotic state reminding me of how Fred Flintstone looked in that one episode where he turned into a zombie every time he heard the word bet?   There’s just something so juicy about thinking that you got something for nothing.   Or at least that you got something for something less than you thought you were going to pay for it when the buying process started. Gary Lipovetsky, CEO of  DealFind (www.dealfind.com) says, “Everybody wants a great deal and a cool way to save money.”  With the proliferation of different coupon and deal sites, it can often be hard to figure out whether ...

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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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I Like My Wallet

Google announced Thursday of last week that they wanted their Google powered cell phone to be your new wallet.  They essentially announced that a new payment system will link your smartphone to your credit card or a reloadable prepaid credit card.  The new product is called Google Wallet, and it lets a shopper pay for purchases and access promotional offers right on his or her personal smartphone.   This type of technology is widely used in Asia and several other countries. (www.ajc.com) STOP!  Stop right there in your tracks!   I am here for the record to say that I truly like my Wallet.  Now, I don’t quite carry a George Constanza wallet on me, but there is a magical moment that happens when you get to take out your wallet, peek inside to see all of your cards and money, and then prominently display your payment method to the merchant of your choice.    As I mentioned in one of my recent ...

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The 5 Must Haves when buying extended warranty coverage for your car

Saving your family money has become both an art form and a science.  For many of us, it is full time job, often on top of several other jobs. That brand new SUV that you have been eyeing may need to wait a few months until the economy shakes out.  One way that you can protect yourself from budget-busting repair expenses is by purchasing an extended warranty on a great used vehicle. But how do you tell the good guys from the not-so-good guys?  Here are things to look for when considering a contract: Must have #1:  A physical address You’re considering spending $1000 – $2000 or more with a company that won’t tell you where they are located?   This one is so basic it shouldn’t need to be here, but it will weed out 80-90% of website companies.  When you do get the address, Google it.  If they’re stable and legitimate, the address should bring up the company name.  ...

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You can’t retire by scanning Google.

Only recently have personal savings levels risen, where just a short while ago they were the lowest since the Great Depression when unemployment was more than 25%. (USA Today) Why is this happening? I have a theory, and it boils down to the fact that people in the X and Y generation just don’t read anymore. Remember when you were a kid and had to take those tests where you read a short story, and then had to answer a bunch of multiple choice questions around the story? I didn’t fare so well on those tests, but if people had to take them today based upon what they think they learned on the internet . . . surely we would be a failing class. ...

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