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  1. MattThomas

    tax business, is it fastlane ??

    TAXES | REGS 
    This business can very well be recession proof, and won't ultimately require your own time. The fact is that a tax business can be extremely profitable. You can often charge 200-300 dollars for about 15 minutes worth of work that you don't have to do yourself. The first year you get a...
  2. MattThomas

    A letter from a boss to employees about the economy (awesome)

    HOT! 
    Interesting. But who inevitably decides on the incentive structure, pay structure, job tasks and responsibilities? What if there was an error in aligning these things accurately with the goals of the company? Is that the employee's fault? If they come in, do as they are told and work hard, is it...
  3. MattThomas

    Figure this one is a given - Stockmarket

    But also that you can never be too careful when making an investment decision...or any decision when your own money is at stake. :smxB:
  4. MattThomas

    Anyone else becoming a domain addict?

    WEB/DIGITAL 
    I don't own that many myself, but I have read a very interesting 4hWW blog article on how to buy and valuate domain names. Great read. Here is the article.
  5. MattThomas

    A great book to read right now

    Thanks for the recommendation! I am always on the lookout for new business books to read, so I will definitely look into this one.
  6. MattThomas

    Figure this one is a given - Stockmarket

    Great points! :great: One thing I'd adjust is picking stocks. Should you decide to pick stocks (and not an index), monitoring its fluctuations (a la technical analysis) isn't enough. I'd say do your due dilligence in analyzing the company's financials. How much debt has the company taking on...
  7. MattThomas

    The "Safest" Place For Your "Assets"

    HOT! 
    Treasuries are literally backed by the full faith and credit of the US government (assuming we are referring to US treasuries, of course), so these would be the safest bet for stability of principal. You might not get much (or any) of a return, but at least it is the safest place to put your...
  8. MattThomas

    College Dilemma

    Based on your previous post, I think that is best. You kind of answered your own question when you said you have absolutely no interest in being an accountant. Its good to know you came to the realization and moved forward with it. I think economics can be a very useful business type of major...
  9. MattThomas

    A letter from a boss to employees about the economy (awesome)

    HOT! 
    Re: i suspect its a fake :great: Exactly. If the staff had angered the owner/management to the point where he had to write this type of (borderline-hateful) letter to his employees, he either doesn't handle his anger well, and/or isn't that good at managing his staff. AustralianInvestor, you...
  10. MattThomas

    A letter from a boss to employees about the economy (awesome)

    HOT! 
    Precisely. While this business owner may have worked harder than all of his employees, he has CHOSEN the path of the leader by hiring people to work for him. A leader cannot create the divide between employer and employee the way this entrepreneur did. Leadership is the toughest of jobs as it...
  11. MattThomas

    A letter from a boss to employees about the economy (awesome)

    HOT! 
    I'm not sure this was an appropriate letter to write to his employees. Sure, he nailed his point pretty well, he did a great job in describing in what he, and may business owners have gone through and he certainly deserves his well-earned retirement. However, his letter is not exactly...
  12. MattThomas

    when is time to buy?

    INVESTING 
    Walfart, lol nice. GE I'd be careful with. They have a huge finance arm (used to be their largest division, by revenue) that took a huge hit because of their ties to the financial crisis. As a result, they sold their consumer business...that includes lightbulbs. Yes, the company founded by...
  13. MattThomas

    Reusable toilet wipes, unfortunately, not a joke.

    FUNNY 
    :D Three sea shells, lol. My favorite quote from this article: "I can honestly say, our wipes don't stink."
  14. MattThomas

    Quite a bit more industrious than we thought...

    Wow pretty impressive. I especially like his second idea, it was quite ambitious. I especially like how he is using tech to market himself and build his brand. It just shows you how powerful and influential internet marketing and social networking is becoming. Musicians are using these avenues...
  15. MattThomas

    when is time to buy?

    INVESTING 
    I think now is a great time to buy stocks in companies that have solid prospects, whose prices are just depressed due to emotion in the market. Coke is a great example. For the most part, Coca-Cola is a pretty solid business and isn't directly suffering from the financial crisis. Customers...
  16. MattThomas

    The Death of Equities

    INVESTING 
    I think the viewpoint is a little slanted...firstly it is coming from someone who is very big on buying debt. It comes as little surprise that he thinks that equities are dying if he has such a strong preference to bonds to begin with. This quote stuck with me: "Gross's view, growth...
  17. MattThomas

    College Dilemma

    Two questions for you to consider: 1. Ultimately, which route do you want to be on: the entrepreneur route or the employment route? Not a rhetorical question, it is an honest question that you should think long and hard about. 2. Which of these majors do you think will be THE MOST useful to...
  18. MattThomas

    Best blogging software?

    WEB/DIGITAL 
    Hands down, Wordpress. The admin dashboard is extremely easy and intuitive, plugins automate all of the tweaking for you and there are plenty of design themes (for free) that you can download that won't require a lot of hand-coding on your part.
  19. MattThomas

    When was the last time . . .

    INVESTING 
    Someone else in another thread quoted Warren Buffet and I think this quote answers your "what is long-term" question perfectly. Buffet's quote: "Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years." Thus, I'd say 10 years is probably a good long-term...
  20. MattThomas

    Call to Action '09

    I love your confidence. You have set some optimistic goals and have a great outlook on the economic downturn we are facing. You aren't discouraged at all by it, and I think that's great. I love how you said "there is still money to be made somewhere". I couldn't agree more and that is a great...

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