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Recent content by terrycan

  1. T

    How Should I Spend Insurance Windfall?

    If you have credit card debt any investment will have to perform at the card interest rate for you to get a zero gain. My advice: 1. pay the credit card debt 2. educate yourself about money 3. work with a financial planner
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    Motivational Quotes

    HOT! MINDSET 
    Last week Newt Gingrich said. "Bowing to a Saudi King is not an energy policy."
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    My life changing decision

    Congratulations on your decision. What you are doing takes strength and courage. I understand your changes since I moved from the USA to Australia and back to the USA. Please feel free to contact me thru my website to talk about international moves.
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    What do YOU bring to the table?

    I bring over 30 years experience developing prototype hardware. Everyone is an expert at something. Focus where you are strong. Develop yourself where you are weak. There is always a chance of failure if there is a chance of success.
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    So the economy sucks. What do the people WANT?

    After every boom there is a bust. The bust is also a shake out period. During a boom the money is a little easier to make. During the shake out the poorly managed companies go under. Government help often prolongs a recession. So many people want certainty. They want to be certain of...
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    Who Do You Admire

    MINDSET 
    Dear msa1 Henry Ford is one of my favorites. The odds were against him. He was not from a wealthy family and had very little education. At forty he had not achieved any great success Ford believed his gift was from reincarnation. He truly had great insight. At 12 years old he was repairing...
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    Any clever ideas for finding a competitior's supplier?

    IDEA 
    Dear AshanD, To find your competitors suppliers; "Eliminate the impossible. look towards the probable. There your answer lies" (Sir Arther Conan Doyle) Jill is correct if you follow your competitor you will never lead.:smx4:
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    New Business Idea, "Compassionate Capitalism"

    IDEA 
    Dear Pinnacle, Your wisdom speaks volumes. Empowering people with pride and dignity. A quote from "Atlas Shrugged" by Ayn Rand. "Money demands that you sell not your weakness to men's stupidity, but your talent to their reason."
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    New Business Idea, "Compassionate Capitalism"

    IDEA 
    Dear Dnuge The term compassionate capitalism sounds great. Capitalism by it's nature is both generous and compassionate. When someone sells a car it is because to him the money is worth more than the car. The person buying the car values the car more than the money. Knowledge is power...
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    Would you walk away?

    MINDSET 
    Walking away is a last resort for me. If you are under water and can ride it out be patient. You only lose money if you sell. If you are pressured consider a "short sale". The bank prefers this and would work with you. This is a great time to buy. Everything is on sale.
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    How Should I Spend Insurance Windfall?

    Dear Peerless The 80-20 advice on the credit card debt sounds good. You should be working with a financial planner. He can work with you on your goals. Debt elimination, retirement, college fund for your child. If you can make small steps towards your goals every month you should double...
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    Copyright/Patent a business plan/idea?

    IDEA 
    Dear Non US Investor, You don't provide enough information to give a concrete answer. If you are selling hardware a patent is an option. You may be best served filing a provisional patent and go directly into production. If you are selling product within a year file for a utility...
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    Ideas wanted

    IDEA 
    The site looks good and clean. The subjects should generate some traffic. I'm going there now to sign up! :yourock:
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    New from So Cal

    Dear Calijess You will need to come up with a downpayment or some type of collateral. Credit is available to qualified borrowers. Another way to invest is "dollar cost averaging". In other words you invest a percentage of every pay check. The best news is houses and market investments are...
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    Before you Take on a Competitor in Public...

    This is like the cola wars. coke or pepsi? german car or german car? Just don't think about royal crown or chevrolet. Massive success to you
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