Yahoo, well not so much. With Yahoo saying that they think their stock is worth $40, it is a bit like like trying to fob off an abused Rental Car that has had the odometer turned back as brand new one some unsuspecting old lady. If the company is worth that much, then why hasn’t the current management convinced million of stock buyers of that fact?
Do they think that Microsoft is really that stupid? The fact that Yahoo has not been able to capitalize on it’s assets says it all.
We now have 60 Minutes talking about the Housing Bust, and Newsweek talking about the “Recession”. Historically whenever these two media outlets take note of something involving the Economy, they are always the last ones to the party.
So, this must could mean the bottom of both markets. Don’t quote me on this, but I think that at least Newsweek said the equities would never recover back in 1979. Don’t you wish that you had bought then?
I also think that 60 Minutes is usually about a year or so behind the 8 Ball. In September of 2000, CBS news had a stunning revelation that that Real Estate prices are determined by location.
With scintillating indicators like these, who needs to look at data or charts?
Opportunities abound in Chaos and Kevlar Umbrellas
I recently wrote this for another website I work on but, I felt that it really has much more relevance for us investors. This was originally published for readers of the Muse Blueprint which helps people start their own business or want to take an existing one to the next level.
If you listen to the news and I suggest that you don’t very often, you would think that the sky is falling with the economy. Well, parts of it actually are but it does not have to be so for you. I suggest that you think of yourself as the person selling Kevlar Umbrellas, like I do.
While you should be aware of economic trends such as the US dollar’s values falling like a rock with no end in site, it does open up opportunities.
I will give you just a couple of examples. As gas prices keep going up (and they will but more on that later) , it is going to make locally made products and services more competitive against those that are not local.
Do you have a product or service that can save people from driving for instance? Do you know where one is to invest in?
Here are two of my Muses or other Businesses that I have recently picked up (another strategy I will cover is buying small businesses) that do exactly that, www.888360Pixs.com and www.888EZToOwn.com . The first is a service that provides pictures, virtual tours, and Videos of Real Estate, Boats, Cars and just about everything else. The second provides FREE Real Estate Advertising.
Ok, time out here. Here is the Definition of a Muse from my Book, The Muse Blueprint.