From the monthly archives:

August 2010

A special thanks goes out to Sweet Lou Mindar for letting us know about Sam’s giveaway.

Who is Sam Carpenter? Check out his site, and he’ll let you know.

If you haven’t had a chance to buy Sam Carpenter’s book Work the System yet, you’re in luck.  He’s giving away a pdf version of the book for free.

Special Announcement from Sam:

From today, noon Thursday PST 8/26, to noon Thursday PST 9/2, download my entire book, Work the System: The Simple Mechanics of Making More and Working Less in pdf format for free.

I offer this opportunity just twice a year….
Go here:  http://www.workthesystem.com/free-book-promotion/
It’s OK to forward this offer to your friends.
If you wish to buy the hard cover version of the book instead, go here.
In any case, I hope you enjoy my book!
-Sam Carpenter

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The Ren Men are big, big fans of Mark Cuban, love him or hate him you have to respect him.  He owns the NBA team, Dallas Mavericks, almost bought the Texas Rangers and is a savvy businessman.  Here are the latest two articles from his blog…we stole them, don’t tell him—no wait—do tell him, maybe we could get him on the show…Follow the links to his blog to read the full articles…hope you enjoy!

http://blogmaverick.com/2010/08/25/the-best-investment-advice-you-will-ever-get

The best investment advice you will ever get…

“I’m going to simplify what I consider to be the best investment advice I have ever been given and share it with you.  Here you go:

1. If you have any credit card or other type of consumer debt on which you pay 5pct or more interest, pay it off.  Compound interest is your enemy.  The chances of you earning more on your money than you are paying in consumer interest rates are slim. Pay it off.

2.  Cash is King. Now that Madoff is in jail, no investment can offer returns with zero risk. If you don’t fully understand the risks of an investment you are contemplating, it’s ok to do nothing. In times of massive uncertainty like we are facing today, doing nothing is a valid and IMHO preferable investment strategy. Just put your money in the bank.

3. Cash Creates Transactional Returns. ”

http://blogmaverick.com/2010/08/20/the-stock-market-is-still-for-suckers-and-why-you-should-put-your-money-in-the-bank/

The Stock Market is still for suckers and why you should put your money in the bank…

“I wrote a whole series of articles warning people about the stock market over the years. You can see them here. It’s gotten worse. So I thought i would write some more about why you should probably avoid putting any new money into the stock market…”

TRMSee full size image

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A web video blog about lifestyle design, passive income, real estate, vending machines, used cars, and eustress challenges. Grant and Alan revisit the Investment Club. We meet the members and run some numbers to see how it is doing. It is game 4 of the ‘Ren-lympics,’ Grant leads 2-1 but Alan is zoning in to sweep the final events. But can Grant hold on to the lead?

Runtime: 25:30
A quick rundown of the episode:

  • Welcome to Episode 29.
  • Catch up with the Investment Club.
  • 160 shares – JPM at $37.72
  • 29 shares – AAPL at $249.32
  • Game Four of the ‘Ren-lympics’ – Texas Hold ‘em
  • Chalk Talk – What would you do?
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    UPDATE: In the prior post, Zach Daulton entered the Bounty video submission contest.

    ZD won the entire contest and was awarded $7,500 in cash.

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    What in the world is this post going to be about?!?

    1) Elijah Peelle makes his debut in The Adventures of Squido. Please enjoy!

    2) Zach Daulton, one of our video guys, threw his hat in the ring a for Bounty commercial. Who would have ever thought Bounty could bring out imagination? ZD did.

    3) Tony Robbins speech at TED is always worth a look…

    4) One final thought…Life is to be enjoyed and feel good about yourself, to love, be loved and continual learning, (Thanks Timmy Ferriss)…Soooooooo, if today were the last day of your life, would you want to do what your are about to do today? Remembering that you are going to die is the best way to avoid the trap of thinking you have something to lose. Do what you love, life is short.

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