Just a quick post for those who have followed my suggestion to buy into gold earlier this year. Gold and the ETF GLD have experienced a nice run during the first quarter of 2008. With this past week's decline in commodities, I decided to take some of my profits from GLD. If you have yet to place a stop loss order, I suggest that you do now. Consider the fact that the price has dropped below $90 a share. My target was $95 and I ordered the stop loss late last week. I hope you reaped some benefits as well.
Keep in mind all is not lost in GLD, the commodities expert Jim Rodgers who co-founded the now closed Quantum Fund with George Soros has been quoted saying that Gold will continued to surge as much as $3,500. But remember- you gotta know when to hold’em and when to fold’em. To your success.
The link led me to the Digital Ethnography department at Kansas State University. This very insightful clip is called “A Vision for Students Today”. Take a quick look at it as it is quite fascinating. Again special thanks to Gaetan!
It is rare for me to post 2 postings in a single week, let alone posting twice in a single day. However I wanted to give everyone access to this latest posting from The Rich Dad Company. The clip is one of a series of videos promoting an upcoming Rich Dad event hosted by Robert Kiyosaki in April 2008 call The Psychology of Winning. Unfortunately I will not be able to attend the event personally because it is my wife's birthday weekend and we have other plans. The event will no doubt be a great experience for all that attend.
What I love about these postings is that they are more than just a pitch for a seminar- they always contain a great deal of insight and value for viewers. This clip in particular features Ken McElroy, one of Robert's real estate advisors/partners. In this segment Robert & Ken highlight some of this issues facing the real estate market as a whole- particularly the downfall of the high end apartment/condo market.
More so, for those readers who live here in the Lehigh Valley, you will no doubt see the correlation of how this relates to the slowdown and downturn of the high-end condo market (ie Riverport and Eastonian). I found the A-B-C concept very insightful and I am certain that you will as well. Don't miss the hidden lessons of this clip! Opportunity is EVERY WHERE! http://www.richdad.com/RichDad/RichContent.aspx?cpid=65
Many people ask me how I stay on top of my reading with my busy schedule. Between building my business, writing, speaking, traveling and of course quantity time with family- how do I do it? I have a little secret- I use Audible.com. With my commitment to never ending self improvement, I have always been an audio cassette then CD listener before the dawn of I-tunes and MP3s. Then in 2004 I discovered a way cool service in the small company Audible.com. I first started buying mp3 audio books via I-tunes. After my first listen to an audio book purchased via I-tunes I realized that I-tunes was simply a reseller for Audible.com so I began to checkout Audible.com directly.
Audible is celebrating it’s 10 year anniversary this year and I am so grateful that they, unlike many .coms of the past 10 years, have been able to stick it out. After all they provide me with full unabridged audio files of the latest best selling books at a price you cannot beat. As a matter of fact just yesterday I upgraded my membership to Platinum Status. For only $22.95 per month I receive the following:
Receive 2 audio credits each month. This is great! I can use 1 credit per book- regardless of size! This is key for an unabridged book junkie like me. I only pay $11.50 for an unabridged audio book which would cost $50-70 bucks in CD format. This saves me about $1200 bucks a year and gets me to listen to a minimum of 24 books per year. This is welcomed “forced” learning for me.
Save 30% on all audiobooks and programs not purchased with audio credits. This is a nice feature particularly if you like smaller books (ie books under $10 bucks) as it makes better sense to use the 30% discount versus the book credit.
Rollover up to 12 credits. This feature is a blessing for me, due to my travels. For example last month I did not have a chance to spend my 2 credits for the month of February and they expired. I no longer have to call customer service to ask them to reinstate my expired credits. (Note- Audible does has the BEST customer service of ANY company that I have worked with!)
A complimentary subscription to the audio version of The New York Times or The Wall Street Journal. (Of course I get the WSJ!) I love this service as I get my daily dose of the WSJ wherever I am in the world. As a matter of fact I am listening to it as I pen this post.
In addition to these benefits, one of the most important features that I have come to appreciate, and now have come to expect from any online content provider, is the fact that THEY store my content on their server. I don’t have to hog up my systems with the data. I can simply go online to access my content. This is a very cool feature.
I use this service to wirelessly access all of my audible.com content via my cell phone (Moto Q) via a free service of Audible.com called Audible Air. This service allows me to WIRELESSLY download any content from my Audile.com library. It actually pulls my WSJ subscription down from the cloud for me every morning. Very, very cool.
On a final note of my praises for Audilbe.com- they are in the process of being acquired by Amazon.com, which in my opinion will be great for customers of both companies. I cannot wait to integrate my audio books from Audible with my Amazon Kindle*- I will be able to read and listen at the same time so as to deepen my comprehension of my learning materials. I hope this post helps you!
*Yes- I am eagerly awaiting my Kindle from Amazon. It is currently on back order. I placed my order on February 28th and expect to receive it by the end of March. Yes- I am being hopeful! :)