October 31, 2013

Online Sales from November to December projected to increase from $53.7 billion to $61.8 billion

Don't just be an onlooker, join the internet/ecommerce revolution and make money of it! Own a piece of the virtual mall with brand name companies like Macys, Target, Home Depot, Best Buy, Apple, Staples, Travelocity, Marriot Hotel & Resort, etc. Click here to check for yourself from A - Z partners of Market America.

This year holiday online sales forecast is projected to increase by 15.1%. Spending from November to December will total $61.8 billion up from $53.7 billion from 2012. (Source: Internet Retailer)

Watch the Market America & Shop.com overview below:


Market America and SHOP.COM are changing the way people shop
and changing the economic paradigm so everyone can become financially
independent by creating their own economy.


  

October 30, 2013

GIZMODO - The Tiny Transforming Apartment That Packs Eight Rooms into 350 Square Feet

I thought you would enjoy this neatly designed apartment for comfort living in a small space.
Live well!

GIZMODO - The Tiny Transforming Apartment That Packs Eight Rooms into 350 Square Feet from Gizmodo on Vimeo.

October 28, 2013

Many Americans don't expect to ever retire

From USA Today


Many Americans don't expect to ever retire
Rodney Brooks, USA TODAY October 24, 2013

In a sign of just how bleak retirement prospects have gotten, more than a third of Americans say they will have to work until they literally can't anymore.

A new Wells Fargo study found that 37% of people don't ever expect to retire, but instead will have to "work until I'm too sick or die." Survey respondents say paying the monthly bills is their highest priority, and saving for retirement is a distant second.

"There were a couple of points I found shocking or troubling," says Laurie Nordquist, head of Wells Fargo Institutional Retirement and Trust. "One is the increase in the number of people who say paying bills was their top day-to-day concern."

That's especially concerning, because the economy has improved in the last few years. "The middle class is not feeling it when it comes to their own situations," she says.

The annual Wells Fargo Middle Class Retirement study, a telephone survey conducted by Harris Interactive of 1,000 middle-class Americans between the ages of 25 and 75, was released Wednesday. Highlights:

• 59% say their top day-to-day concern is paying the bills

• 42% say both saving and paying the bills is not possible

• 48% are not confident they will be able to save enough for a comfortable retirement

• 34% say they will have to work until they are at least 80 because they have not saved enough.

"Americans are great bill-payers, but they are horrible savers," says Michael Chadwick, CEO of Chadwick Financial Advisors in Unionville, Conn. "People have to start saving, even when things are difficult. There is never an easy time."

Read more from USA Today >>


October 23, 2013

This Artificial Rally Could End Badly for the Bulls

If you trade the market, you should read Sam Collins of Investor Place. He presents a view point based on solid technical readings of the market.  


This Artificial Rally Could End Badly for the Bulls
Caution is your watchword -- take profits in frothy stocks

By Sam Collins, InvestorPlace Chief Technical Analyst  |  Oct 23, 2013

A weak jobs report resulted in the belief that the Fed would stay with its easy-money policy until well into 2014, and stocks staged a moderate rally yesterday as a result.

The broad-based S&P 500 recorded its fifth consecutive advance, and the Dow Jones Industrial Average finished up 0.49%. The Dow is still 1.3% below its all-time high, but the more volatile indices — Nasdaq and the Russell 2000 (small-caps) — made new highs. Nasdaq made a 13-year high, and Russell made a new all-time high.

The September nonfarm payroll report, delayed by the government’s partial shutdown, showed that 148,000 jobs were added, below the expectation of 180,000.

High volatility and profit-taking dominated the session, with Netflix (NFLX) falling 9.15%, Priceline (PCLN) off 1.05%, Yelp (YELP) down 2.32%, and Facebook (FB) falling 2.18%.

At the close the DJIA had gained 75 points at 15,468, the S&P 500 rose 10 to 1755, and Nasdaq gained 10, closing at 3930. The NYSE traded 753 million shares and Nasdaq crossed 464 million. On the Big Board advancers beat out decliners by 2.7-to-1 and on Nasdaq advancers were ahead by just 1.2-to-1.

1023 djt overbought

Read more from Investor Place >>

October 22, 2013

7 Lessons from Albert Einstein's School of Hard Knocks

Shared in Facebook by JR Ridinger, CEO &President of Market America


7 Lessons from Albert Einstein's School of Hard Knocks

We often associate certain names to the virtue of excellence. Tiger Woods to the game of golf, Michael Jordan to the game of basketball and Pablo Picasso to painting. What if you had to name the genius of the 20th century? Without a doubt, Albert Einstein gets the nod.

Arguably, the smartest man ever born, Albert Einstein was average at best in his school years. He shunned certain classes for the mediocrity of education. He mocked some teachers who were irritated by his lack of obedience. His Greek grammar teacher, Joseph Degenhart, achieved immortality in the history books through insisting that “nothing would ever become of you.” Later, when Einstein was told it would be best if he left the school, Degenhart had explained, “Your presence in the class destroys the respect of the students.” Disgusted by the rote teaching, he quit high school at the age of fifteen. The rest is history.

This man of great scientific feats also was a man of a noble heart and uncanny wisdom that he gained from the school of hard knocks. He often struggled to pay bills until the age of 26 when he wrote three papers that revolutionized our world.

Lesson # 1 Invest in the success of others.

In his famous essay, the world as I see it, Albert Einstein wrote, “ A hundred times every day I remind myself that my inner and outer life are based on the labors of other men, living and dead, and that I must exert myself in order to give in the same measure as I have received and am still receiving…”
Those who succeed in life understand that success comes to those who make conscious effort everyday to give back to the friends, family and the community. As silly as it sounds, when we invest our life energy to ensure the success of others, our karma ensures our own success. Blogging is a great example. I have found that when I take time to uplift other bloggers by reading their articles, I surely get pleasantly surprised by countless bloggers who take time to visit my blog and to comment on my articles.

Lesson # 2 Never stop growing.

“Education is what remains after one has forgotten everything he learned in school.”
Albert Einstein’s dislike for the traditional schooling never had any influence on his passion for learning. His life is a remarkable example for the mankind. A life of solitude and self-learning made him a scientist of the century. He passionately explored the nature and its vastness to seek answers to mysteries that intrigued his mind through out his life. He felt religious not in a traditional sense but in the sense that rekindled his curiosity to know the wonders of the nature only to benefit mankind. In our life we learn by meeting different people, by exploring our ideas to solve the common issues and by relentless desire to improve our way of life. Personally, I have learned the lessons of life only after I left the school.

Lesson # 3 Your life is limited by limits of your thoughts.

“Logic will get you from A to B. Imagination will take you everywhere.”
We are educated to consider life with a logic. We learn how to get from A to B with excellence but we equally abhor thoughts of charting our own course to get from A to B. We are taught to excel at knowledge that already exists. We are infused with the fear of self-doubt to even consider an alternate path. History has shown that those who contributed the most to the mankind were the ones who defied the knowledge of masses. They dared to imagine what was considered impossible at the time. In the 6th century BC Greek mathematician Pythagoras said that earth is round; but few agreed with him. Greek astronomer Aristarchos said in the 3rd century BC that earth revolves around the sun; but the idea was not accepted.
“Life is really simple, but we insist on making it complicated.“
~ Confucius
Lesson # 4 Simplify everything you do.

“If you can’t explain it simply, you don’t understand it well enough.”
Often those prestigious institutions publish papers with laborious details and content aimed to disparage most people. Life is simple and those who succeed in life definitely master the art of simplicity in everything that they passionately do. Warren Buffet was once asked why he is not investing in Microsoft despite being a close friend of Bill Gates. He answered that I don’t invest if I don’t understand the underlying business. The answer of the genius investor speaks volume about the importance of knowledge that he can transpire to his investors in simple words.

Few years ago I read a memoir of one of the most brilliant and prolific authors, James Michener. In his memoir, The World Is My Home, author revealed the secrets of writings from his vantage point. One sentence left a profound influence in my mind. He wrote:“Good writing…consists of trying to use ordinary words to achieve extraordinary results.”

All of our wisdom and knowledge dies a horrible death if we do not possess the deftness of expressing our knowledge in simple words to the rest of the world.

Lesson # 5 Live a simple Life.

In his famous essay, the world as I see it, Albert Einstein wrote, “The trite objects of human efforts — possessions, outward success, luxury — have always seemed to me contemptible.”
One of the myths of our society is that “more” will make us “happier”. We invest our life energy to possess lifeless possessions. We are educated to foster consumption with the mantra of – “The more, the better.” We are educated to have a great job. A great job requires luxuries to fulfill our outlandish desire to impress others. Before we realize, we mortgage our freedom to the possessions that bring more sorrow and inner grief in a vain hope to show off to the masses. Life of happiness and inner peace rests upon the virtue of simplicity. Our efforts in life should be directed towards saving our life energy and towards using our life energy that can bring eternal happiness to ourselves. Seldom our schools teach the value of living a simple life. Seldom our schools teach value of living within our means. The current sub prime mortgage crisis is an awakening lesson for all of us. It’s madness to chase goals of accumulating more possessions. We often find ourselves in same despair once we achieve our goal by the feelings of not possessing what others have. It’s an endless loop of self-pity. Life of contentment fills our hearts with eternal happiness.

Lesson # 6 Never quit!

“It’s not that I’m so smart , it’s just that I stay with problems longer .”
Our traditional education rewards those who succeed in exhibiting their knowledge of books. Students with power of memory rather than creativity are rewarded for their stupendous bookish knowledge. Our dislike for failure comes from the years of schooling that abhors failures. We limit our thoughts without knowing the fake reality of knowledge that restricts our imagination with the fear of failures. Albert Einstein’s passion for the physics and his dislike for the traditional schooling allowed him to become the greatest scientist of the 20th century. History has countless examples of the successful people who never ceased to imagine what intrigued their mind. Success comes to those in abundance who dare to imagine and solve the mysteries of the nature to benefit the mankind. These brave people understand the value of failure to gain knowledge that can lead to the peaks of success.

Lesson # 7 We are creatures of our values and character

“Try not to become a man of success but rather to become a man of value.”
We learn to succeed in life. In fact we have idolized the success to an extent that every bookstore carries plethora of books on success. We flock seminars that sell success themes to our feeble minds. Our culture adores success to an extent that thoughts of failure shakes our strongest will to imagine and try to explore new ideas. The reality is a far outcry from our fake belief. My father failed in business many times in his life. He always bounced back from the lows. He credited his resilience to the virtue of value and character. He faced many obstacles in life, but he never had lack of compassion and support from his friends as they had unshakable faith in my father’s value and character. In today’s world, “get quick rich” mantra shuns the virtues of value and character. We all know that a man without values and character is doomed to fail miserably in life.
“I have never looked upon ease and happiness as ends in themselves — this critical basis I call the ideal of a pigsty. The ideals that have lighted my way, and time after time have given me new courage to face life cheerfully,have been Kindness, Beauty, and Truth.”
~Albert Einstein

So, from the school of hard knocks, Albert Einstein taught us to work selflessly for others, to never stop growing our mind, to love our imagination, to make our thoughts simple enough for others to understand, to live life of simplicity, to never quit no matter what it takes to succeed and above all, live life of highest values and character.

Are you a graduate of Einstein’s school of hard knocks?

Let's have another great week...

October 21, 2013

Overcoming hopelessness - Nick Vujicic at TEDxNoviSad

If this man, Nick Vujicic, can change walls into doors and obstacles into opportunities, none of us has any excuses we cannot overcome difficulties and succeed in life! None whatsoever!

God bless him for being an inspiration to so many!

October 20, 2013

Who is willing to train tomorrow's American workers?

From CNN Money
By Claire Zillman, reporter October 16, 2013

Speaking at Fortune's Most Powerful Women Summit in Washington, D.C., Shriti Vadera, who was an economic adviser to former U.K. Prime Minister Gordon Brown, hit on the issue of the skills gap -- the mismatch between what background and expertise employers need from employees and the skills that job candidates possess.

She delivered some somber news:
The United States is one of two or three countries where older people have higher level skills than younger people. We might be the only generation to not bequeath a better life to the next one.

Vadera shared the stage at the summit with Joyce Russell, president of Adecco Staffing U.S., who advocated for companies' use of flexible workers, the kind who are employed by staffing firms like Adecco, which loans workers to its client companies. Russell argued that such arrangements allow companies and workers to try each other on for size and often lead to full-time employment.

Vadera argued that the use of such flexible workers contributes to the growing skills gap. If a company employs temporary workers, it's not going to put resources towards advancing their skills. "Why would you invest in [employees'] skills if they're just going to leave?" she asked.

Corporations' investment in worker skills is crucial, Vadera said, since "you can't expect the public sector" to address workforce training needs on its own.


October 17, 2013

Congress kicks the can again



I  find this article by Larry Levine, an active futures trader and a frequent guest at Bloomberg TV's market opening each day with Betty Liu fascinating:

"As if scripted from an over budget movie (say one that will cost $24 billion in 16 days of filming), at the 11th hour, or technically the 10th hour and 10th minute before financial Armageddon, the House gets the necessary 216 votes to pass the Senate bill to raise the debt ceiling with a final 285-144 tally. We have our dramatic Hollywood ending: The markets can rally, the pundits can pontificate and Congress can return to point fingers at each other as they live happily ever after.

But let me be clear, this is not remotely a solution but a short-term stop gap. By all accounts this compromise doesn't address the serious fiscal problems facing the U.S. including $17 trillion in debt. And it doesn't heal the breach between the parties. Worst of all, it perpetuates the sheer lunacy of our centrally planned markets.

While this may soon become a historical footnote, the government shutdown has taken at least $24 billion out of the United States economy, the financial ratings agency Standard & Poor's said Wednesday.

The firm said the shutdown caused it to cut its forecast of gross domestic product growth in the fourth quarter by at least 0.6 percentage point. The agency lowered its estimate for GDP growth to close to 2 percent from 3 percent.

The estimate represents a staggering cost to the economy of a completely self-inflicted political catastrophe. Unlike the 2008 economic crisis and other past recessions, the government shutdown had nothing to do with larger economic trends. The numbers show Washington's brinksmanship caused real damage beyond furloughed government workers and the Washington, D.C., region.

But again. the central planners want a Hollywood ending. Documentaries don't do well at the box office. This debt, like the rest, will be heaped on the pile and forgotten as we continue to kick the can down the road."

October 15, 2013

Power Profile; Nina Hale



GOLDMAN: The Disparity Between High- And Low-Income Households In America Is The Worst We've Seen

From Business Insider

GOLDMAN: The Disparity Between High- And Low-Income Households In America Is The Worst We've Seen
MATTHEW BOESLER OCT. 14, 2013

A quarterly survey of 2,000 U.S. consumers by Goldman Sachs analysts shows that "the bifurcation between the high and low end continues to widen" in America.

"Consumers in $90,000+ households saw increased levels of optimism, while consumers in under-$50,000 households declined," write Goldman analysts Michael Kelter, Ivan Holman, and Harsh Aneja in a new report. "This is, in fact, the widest spread we have seen between these two income groups in our survey."

And according to the survey, it's not just economic optimism that is diverging across income groups: actual spending patterns are as well.

"The total number of consumers who said they spent more in the past three months did tick up in our 3Q survey," say Kelter, Holman, and Aneja. "However, the bifurcation of high vs. low-mid income consumers is clearly evident. Consumers in $90,000+ households reported an increase in spending in 3Q vs. 2Q, while consumers in under-$50,000 households reported a decrease in spending this quarter."

Read more from Business Insider >>

October 14, 2013

Do nothing days

Once in a while, it feels great to do nothing!

The past four days, I did just that - nothing.

I was hanging out with some close friends and family just enjoying their company - long coffee shop chats, and relaxing dinners. It is refreshing for both body and mind not to listen to all the crappy news or care about what WashingDung, D.C. is doing!

Happy Monday!




October 9, 2013

7 Things Really Amazing Communicators Do

From Inc.

7 Things Really Amazing Communicators Do 
Want to be successful? You have to communicate effectively. Here are 7 practices to master.

BY KEVIN DAUM

It doesn't matter whether you are in the business of delivering products or services--either way, your success depends heavily on communication. When things go wrong, you can almost always trace the problem to a breakdown in communication. And when things go right, it's usually great communicators who helped create the successful results. It's a necessary skill in every aspect of business, social and family life. How you communicate will determine if you lead, command respect, earn trust and are well liked. Poor communicators will suffer from confusion, low self-esteem and frustration.

Many of you have experienced great communicators such as Presidents Reagan and Clinton, and most of you have suffered through that boring lecture or maddening argument from a person who just couldn't make their point in a way you could comprehend. No need for you to be the offender. Just emulate these seven traits, and you'll rise to your highest potential and enjoy life along the way.

1. They Connect

So many people begin with their own agenda. They have something to say or prove, and so they just start right in without considering the person on the other end. Often they simply broadcast their message, assuming people will think it's the most important information in the world. Amazing communicators know that people won't start listening unless they connect intellectually and emotionally. There are too many internal voices and too much outside stimulus. Know your audience and start by conveying an emotional anecdote that shows your common perspective. People say that, when Bill Clinton talks with you, he makes you feel like you are the only person in the world. Let your listeners feel your empathy and know you value their importance.


2. They Engage

Read more from Inc. >>

October 8, 2013

Time, Money and Health

The recurring theme from all the featured power profilers in this blog is time and financial freedom.

Everyone of these power profilers loves the fact that he/she enjoys time freedom. Each one of them owns their own time unbeholden to no one. There is no boss to report to. The alarm clock is noticeably absent in the bedroom. This is bliss!

The real enabler of time freedom is financial independence. What good is it to have all the time in the world but no money to enjoy it!

These twin pillars, time and money, enables a person to enjoy true independence - no boss and no time clock. This is pure freedom!

One other ingredient for true freedom, less mentioned, is health. What good is time and financial freedom when one has health issues and challenges?

This combination of wealth, good health (whealth) and free time if acquired early on in life gives one the truest sense of freedom - freedom to spend quality time with one's family and friends, to pursue one's interest(s), or travel wherever one desires without any constraints. Being in a position to give is in itself most rewarding, for one cannot give what one does not have.

Where else can one pursue such dreams within 2 to 3 year time frames except through Market America? Not only Market America provides all the tools for you to succeed in creating wealth, it also has all the health products to assist you to age gracefully and lead a healthier life style. Combined, wealth and health give you quality time to enjoy your sojourn in this earthly life!


October 5, 2013

Timing is everything in what you do




Timing is everything in what you do

How can 3 men armed with sticks steal food from a pack of 15 hungry lions?

If you think you can do it, you exude confidence and fearlessness. But you also have to be wise.
Watch these men - they approached the lions feasting on their kill, squated, waited and waited and then made their moves. They approached the feeding lions with upright confidence. One lion started to run, followed by the others and watched from a distance while the 3 men with haste, made their "kill" and walked away with the prized meat.

Timing is everything in live. If the 3 men waited too long, the hungry lions would have devoured the carcass. If they approached the hungry lions too soon, the hungry lions would have attacked them and this video would have been one of tragedy - not of triumph!

What is your goal in life?
If it is time and financial independence - then seek it with confidence. And as Earl Nightingale says, "You are what you think about!"

Form a team, like these 3 brave men, walk together boldly, confront all the obstacles and make your "kill." Remember, no one can do everything alone! Help others to be successful and success will come to you. Only then will you be able to walk into the sunset enjoying the fruits of your labor with your family and your friends!

Wouldn't it be wonderful to have time to enjoy your new found wealth and the wealth to enjoy your time with your loved ones!





October 4, 2013

This Guy May Have Solved the Healthcare Model For 1 Billion People

From Forbes.com

BUSINESS | 10/03/2013 @ 1:06AM
This Guy May Have Solved the Healthcare Model For 1 Billion People

Amid the buffoonish Obamacare posturing in Washington, it’s easy to forget that Americans universally, if even through the emergency room, have access to the best medical treatment in the world. If you want to see a real healthcare crisis, then head to the developing world, where 1 billion people don’t have physical access to a hospital, clinic or doctor of any kind. Some 400 million of them live in sub-Saharan Africa. Rural villagers there know that if a child comes down with a fever, the two-day walk for medical treatment can turn a minor ailment  into a death sentence.

In West Africa, Dr. Raj Panjabi is testing something that might solve this problem. His non-profit, Last Mile Health, recognizes that putting a hospital or a doctor into every remote settlement isn’t feasible. But training a local villager to perform basic medical tasks and arming him or her with essential medicines can both save lives and create jobs.

So that’s what Panjabi has been doing in Liberia since 2005. This year, 300 “frontline healthcare workers” from Last Mile Health will treat more than 30,000 Liberians, saving a few hundreds lives in the process.

“If you got sick the city in the city, you had a chance,” says Panjabi. “If you were in a rural area, you died anonymously.”

Panjabi knew this first-hand. Born in Liberia, he watched a brutal Civil War swarm across his country; his father disappeared for a month at one point. “Within a few weeks, we’d lost everything,” he remembers. At age 9, his family jumped on a rescue helicopter, and flew towards a new life. Resettled in North Carolina, he went to Chapel Hill, became a doctor and joined the faculty of  Harvard Medical School – a ticket to a life of fat salaries and high prestige.

Read more from Forbes.com >>

October 3, 2013

How to Find Reliable Income for Retirement

From Fox Business News

How to Find Reliable Income for Retirement

By Casey Dowd | The Boomer | Published October 03, 2013 | FOXBusiness

Saving and investing early is an important component of any retirement strategy, but many baby boomers have found themselves playing a game of catch up, and they have a message to younger generations: learn from our mistakes.

Whether retirement is right around the corner or far off in the horizon, creating and executing a savings plan is crucial. But it’s also important to review a savings strategy periodically to make sure it still fits under your personal financial circumstances and the current economic climate.

ING U.S.’s recent survey, Retirement Income Redefined, highlights some potential discrepancies in retirement planning regulations and practices, and shows how the new economic is fundamentally redefining retirement.

Rich Linton, president of Individual Markets for ING U.S. Retirement Solutions, shared the following points from the company’s recent study and what boomers can learn from it:

Boomer: What new rules have been issued that could change the way we plan for retirement?

Linton: The Labor Department recently issued an advanced notice of proposed rulemaking regarding lifetime income illustrations, which would require retirement plan providers/sponsors to include on participant account statements an estimate of their monthly retirement income – based on both current account balances and expected future balances at normal retirement age.

Boomer: What sacrifices would pre retirees have to give up now to have a financially-secure retirement?

Linton: An overwhelming number of respondents, 80%, acknowledged that they would be willing to give up some of their spending money today in turn for some guaranteed income at a later point in life. This validates the concept that consumers acknowledge the need for and importance of having a secure, reliable income upon retirement.

That security for tomorrow does require a bit of financial sacrifice today. The amount of sacrifice depends on each individual’s unique situation and expectations for their desired retirement lifestyle. To some, it could mean giving up that expensive daily latte for an instant cup at home. For others, it could mean pushing off an expensive vacation for a simple "day-cation" instead.

Every consumer’s situation is different, so it’s important for individuals to understand their unique retirement needs (basic utilities, food, healthcare, etc.); wants (ability to travel, not having to work in retirement, etc.); and wishes (the legacy they want to leave their beneficiaries). Once these points are understood, developing a personalized plan can help better identify the level of sacrifice needed today to reach those objectives and desired level of retirement income tomorrow.

Boomer: What discrepancies in retirement planning did your study find?

Read more from Fox Business News >>