Posts Tagged ‘market’
James Grippando’s Novella “The Penny Jumper” – Trading Stock at Lightspeed
#highfrequencytrrading $daytrading #stockmarket thepennyjumper #daytrading #pennystock Time is money, but what is the price tag that comes with it. Bestselling author James Grippando sets the amount at about 160 million every trading day on Wall Street. That’s for a single millisecond or .001 seconds. Why so much? Simple. High frequency traders on the world’s…
Read MoreSelf Publishing Often Sidesteps the Role Editors Play in Producing a Quality Work
Time once was that an aspiring author fought to catch the attention of a publisher in order get a book to market. The chances of getting a book considered were slim. But once inside, an editor was appointed to work with the author, suggest revisions, and shape the story so that it would be more…
Read MoreDetroit, 1966, Testing Ground for the Civil Rights Act of 1964
#detroit #detroitriots #civilrightsact #riots Detroit was just another city, as far as I knew. Then my boss at the Minneapolis office of The Travelers called me one morning in the fall of 1965 to tell me that I was being transferred to the Motor City. I ran the two blocks from the bus stop on…
Read MoreInternet Marketing Requires High Impact Photography to Attract
Authors who self publish face many challenges in marketing their work. In my previous posts, I tried to establish several key concepts: The task of Internet marketing is to attract. Promotional efforts must focus on identified markets with available points of entry. No data attests to the efficacy of one approach over any other. Sales…
Read MoreSelf Publishing Succeeds only with Competent Marketing.
I chose the self publishing route for my novel, Deadly Portfolio: A Killing in Hedge Funds, and went to press with it before I understood all that was involved with marketing a book. I assumed my experience as a career salesperson, as I have reported in previous blog postings, would carry me. I wanted to…
Read MoreWhen a Million Is Not Enough — Part II ( Margin is not the Answer)
Everyone saw it coming except my client. Big Dan pulled up stakes and left. My client had backed him until her million dollar nest egg was severely depleted and her own well being in jeopardy. The margin loan (See Part I) was not being repaid. It was on the books at a rate of 8.50%.…
Read MoreInflation Persists as a Concern for Folks in Retirement on a Fixed Income.
I worked in the financial services industry for over 40 years, the last fifteen of which as a Financial Advisor for Merrill Lynch in Winston-Salem, NC. My novel, Deadly Portfolio, builds a story around Matthew Wirth, a retiring financial advisor who, in preparing for his own retirement, is turning his practice over to junior partner,…
Read MoreThe Best Time to Buy or Sell in the Stock Market.
As a retired financial advisor, the question that I am asked most often is, “Is it safe now to get into the stock market?” I answer, “No. It’s never safe to get into the market.” When the market is falling, I hear, “Do you think I should get out?” Again, “No.” Investing isn’t like swimming…
Read MoreInternet Sales Require Trust Building Skills of the Salesperson
Recently, I was asked if my experience as a successful career salesperson transferred into the world of Internet sales, an area in which I am actively promoting my novel, Deadly Portfolio: A Killing in Hedge Funds. My initial response was that no, that it did not. Then I began to think about it. My publisher…
Read MoreVairable Annuities — A Great Way to Protect a Retirement Portfolio
Thanks for all the questions about annuities. Yes, annuities are a valuable way to protect your retirement portfolio and secure an income for your survivors. But there are several things to be considered before buying one. There are two kinds of annuities; fixed and variable. Fixed annuities guarantee income to the owner and often the…
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