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The Money Slant

The “Bigger is Better” Deception

*One of my favorite questions is what is the largest machine on earth, and one of the best answers is the North American power grid. Spanning thousands of miles and connected to millions of people, the North American power grid is not only a gigantic machine, it has enormous influence on all of our lives, save for those of you who are receiving your internet over an independent satellite and using wind power to generate the electricity needed to power your computer, so that means less than 1% of you aren’t dependent in some way.

If you think that isn’t important, Google “Russians hacking the U.S. power grid” and read the articles just this year (2018) on how many times and how many ways the Russians are seeking to destroy our infrastructure.  Of course, to the Democrats and mainstream media, trying to remove the current president from office supersedes any efforts to protect our critical infrastructure such as our power supply or information systems; after all, one has to have their priorities.

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Monopolistic Header

How Monopolistic Capitalism in Tech Can Use Decentralization to Their Advantage

*First things first, I am not here to neither reprimand nor endorse monopolistic or competitive capitalism, but rather to use first principles thinking as a systematic approach on how some relentless monopolistic markets use decentralized tactics to inevitably excel past expectations compared to markets in perfect competition. This type of thinking is highly encouraged by Aristotle (philosophical works), Descartes (Cartesian Doubt), and Elon Musk (SpaceX, Tesla, Solar City, The Boring Company).

We’ll analyze the mammoths, Microsoft and Google, and use reasoning to find out which of these companies are going to survive and which will fail due to lacking any type of decentralized organizational structure.

“With first principles, you boil things down to the most fundamental truths … and then reason up from there.”

Elon Musk

Elon Musk

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Brilliant Blundering Billionaires - Facebook

Brilliant Blundering Billionaires

*Mark Zuckerberg addressing the Y Combinator Startup School at Stanford University: “I want to stress the importance of being young and technical,” he stated, adding that successful start-ups should only employ young people with technical expertise.

(Zuckerberg also apparently missed the class on employment and discrimination law.) “Young people are just smarter,” he said, with a straight face, according to VentureBeat. “Why are most chess masters under 30?” he asked. “I don’t know…Young people just have simpler lives. We may not own a car. We may not have family.” (Margret Kane March 28, 2007 www.cnet.com)

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Ability Matters, not Age

Pre-employment Predictors of Prejudice

*When you look at job descriptions, many times there are phrases and descriptions of prejudice that, apparently, are not recognized as prejudiced. Diversity is more than ethnicity, race or gender, but I will leave it to you to determine what other factors should be considered. But don’t take my word for it; the U.S. Congress said so in 1967, when the Gen-Xers and Millennials were just a gleam in their parents’ eyes.

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Logging Off

Swearing Off Software with Savoir Faire

I see so many positions that require “software experience” with very detailed specifications that give me pause. It would seem that someone should be getting wealthy teaching all of this software.

I learned a cutting-edge software a few years ago, and my instructor told me that knowing how to use that software would mean an instant hire. After investing a considerable amount of time and money (bought the software) none of the organizations that required knowing the software ever called me.

Ever.

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Marijuana

Could Legal Marijuana Bring You More Money This Year?

The Money Slant by

Despite this not necessarily being a stock-related tip, I feel as though I don’t do readers justice if I can’t provide an outside-of-the-box way to make money via passive income through reading my articles. Therefore, I want to dig deeper into the mechanics of how business operates in the medical Marijuana realm.

It is speculated that politicians in over a dozen states are now growing jealous of the Cannabis boom happening across the legalized areas of America. While those pouty politicians spill their guts to their therapists, let us examine a truly underdog story which has nearly been a century long in the making.

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Digital Media

Technology, Digital Analytics, and the new Monopoly

As time and technology march on, occupations, professions, and major market players adapt or fade away. I can recall as a freshman in college being told that newspapers had already had their heyday decades ago.

News isn’t going away, but paper is being replaced by screens the size of your hand and much, much larger, with speed (but not really depth) that travels around the world in split seconds.

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Marriage Money

All You Need is Love…. and Enough Money

The Money Slant by

* Post-Nuptial Money Management

The only time money is an issue is when there isn’t enough money. Nowhere in life is this more true than within the confines of a marriage. As Winter melts into Spring and your June wedding draws near, now is a good time to do some planning; before all the planning begins!

Love is many splendored thing, the old song tells us. What it doesn’t give us a clue about, is that it is also a business.

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A New Way To Look At Passive Income

The Money Slant by

A concept that is likely as old as civilization itself is income – which can be defined simply as one individual’s money earned for a service that has been provided to another individual or entity. But did you know that there are actually two forms of income one can earn?

The way most people understand income to be is known as active income. This is when an individual is trading their time, work or skill to earn a lump sum of money or paycheck. In contrast, passive income is when an individual provides their time and or skill for money only once to create multiple returns on the work/time they’ve used to create the stream – for example, using time or money to create a product, service or investment one time that will yield profits many times over, without any additional work.

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My Wall Street, My Financial Future

The Money Slant by

Last week I read an article in a prominent financial magazine written by an unnamed professional financial advisor. Unsurprisingly, he simply spouted off reasons why everyone should work with a financial advisor and even recommended readers invest with someone who will operate in a “fiduciary capacity” (AKA have ultimate control over your money).

He did make some solid points, namely about the importance of finding someone independent  and trustworthy with an investment style you’re comfortable with. These characteristics are crucial to your peace of mind— your future is everything, and you need someone with your goals in mind managing your money.

The author made finding your dream advisor seem as easy as asking a friend or someone you respect for a recommendation. I hate to break it to you, but he or she doesn’t exist— unless you consider yourself an option. Who knows your needs, risk-tolerance, and plans for the future better than you?

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