Tag Archives: Current Events

Online Stock Tips? Buyer Beware.

There was an article in the Wall Street Journal on February 4, 2009  about new social networking services that allow users to share investing and trading tips. It is a great way for like minded people to build a community and share ideas. In many ways the idea is not new – we have seen chat rooms, message boards, and the like before. However, these sites operate more like Twitter where messages are limited or truncated to a preset number of characters and people only build ‘followings’ only if they have something of value to say. The idea definitely is progressive and timely as many people are seeking ways to build or rebuild wealth in a deepening recession.

But buyer beware! There are a few things to keep in mind or questions you ask yourself before you throw your money into any investment based on the advice of someone – especially someone you don’t know.

No one knows where this market is headed – let alone any individual stock. The current financial crisis is evidence that not even the pros on Wall Street have a handle on the markets. This could be one of the riskiest times to put your money into the unknown.

Speaking of unknowns, who is providing the information on the stock? What is the track record of this individual? I always seek advice from someone who has been successful in whatever subject they are discussing (not just money). So, if the person dishing out the information retired from an investing career, it might be worth considering. Otherwise, be careful.

Be realistic. We have seen with the Maddoff scandal – and countless other examples – that if it seems too good to be true it probably is. Yes, we have heard this before, but the tough economic times are giving life to more scams and con artists than ever before.

Is the timing right for you? Given how hard the markets and our portfolios have been hit, is now the time to put your hard earned money into ’stock tips’?  We all are eager to make up for our losses, but there is (still) no quick fix. Building wealth is a lifetime endeavor. Don’t get yourself into deeper financial straits by trying to make up for the market meltdown. We all are hurting.

Final thought. Personally, I would rather see my financial or investment adviser tracking and researching the markets. I worry that someone who is texting stock tips or using social networking services may not be focused on the right activities. Markets move rapidly. Information changes even faster. I need and want an informed adviser – not a good sales person.

Copyright FELA, Inc. 2009
Ms. Career Girl, a Financial Education & Literacy Advisers company
www.themindsetforwealth.com

How Technology Changed Dating

I had a great lunch with John Head yesterday in which we somehow got on the subject of dating and389361140_129554721e_m technology.

The topic came up after we discussed John’s experience with interviewing, hiring and firing Gen Y’ers who all seemed to have huge entitlement issues. John had some funny stories about Gen Y’ers. My favorite story was about a young male employee who refused to take down pictures of himself smoking marijuana from his Facebook page. Since the lad refused to take the pictures down, John asked him to disconnect with all company employees and clients as an alternative. The young man didn’t like this request either, and ended up quitting his job instead. Wow!

The point of his story was that in today’s world, your private life is no longer private. At any time, anyone can follow you on Twitter, Google you or check out your Facebook page. How does this new level of transparency affect dating and relationships?

I must admit, a few of my relationships ended due to things I found out via technology. I’ll let your imagination run wild with this one, but I will say, “Thanks a Million Technology!” you just saved me a lot of time and heartbreak.

Technology makes being shady easier AND more difficult at the same time. It’s so easy to strike up conversation with someone new via text or Instant Message and unexpectedly become sucked in. Yet it is also SO easy to get caught. All it takes is your significant other finding a few shady emails, or being confronted by your boyfriend’s mistress through a Facebook message…

2409341265_93268f3b43_m1How has Technology affected your dating and relationship experience? Do these scenarios sound familiar?

• When meeting a new guy, you text for two weeks before you meet in person or talk on the phone because it’s less scary.
• You are constantly distracted by your cell phone/PDA while you are out. Then you wonder why your guy doesn’t call you much the week after your date. Perhaps he thought you were totally uninterested in him AND rude.
• You use technology as an easy out rather than picking up the phone or dealing with an awkward situation in person.
• You find yourself trying to interpret text messages, Wall Posts, and Facebook Pokes to the point that you start to feel a bit crazy.
• You meet a cute guy at the bar one weekend and are now text buddies with him. You just got out of a serious relationship and have no desire to actually make this into anything, yet you enjoy the distraction from reality and keep it going just for fun.

Technology presents a whole new dimension of confusion, drama and complication to our love lives. Technology can be a friend and foe at the same time. On the bright side, we can assume that if something shady is going on technology will most likely bring it to light. On the downside, it’s easy to get mixed up in the implied meaning behind technology. My vote? When in doubt, pick up the phone and avoid technology in your love life as much as possible!

2009 Grammy Looks

2009-grammy-awards-best-dressed-6 One of my favorite looks of the night was Carrie Underwood’s gorgeous nude colored gown. I absolutely love her makeup and simple hair style. Her highlights and white teeth are so bright that she seems to glow. Carrie did an awesome job performing live too!

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Katy Perry. Hmm…not sure what to say here. Love her lip color, and would like to know how to get my hair to have those cool 40’s waves. The dress…well, I think it would be a better look if it was not that 80’s pink color. An off white, black or red would be better suited for such a busy ensemble. I do like the slight mermaid bottom but overall I think there is just wayy too much going on here.

I will say this odd look is better than her performance costume which consisted of green flats and a short Las Vegas show looking get-up with sequences and glimmering fruit all over it. Katy seemed to struggle with moving around the stage and singing at the same time. After seeing her fashion and live performance, I would put her into the one hit wonder category.

48_mia I have mixed feelings about performing live at the Grammy’s on your due date, but either way, go M.I.A.! There’s no doubt that MIA’s first born is one lucky baby to have such a hip Mom who had the “guts” to get up there and show the world how proud she was to be a mother. It was nice to see someone with a little meat on her bones too, by the way!

17_jordin_sparks I’m totally in love with Jordin Sparks but am breaking up with this dress. Not a good look for anyone, let alone someone who is as tall as Jordin. It looks a bit like a huge tablecloth to me. I especially don’t like the cut-out piece that comes up beyond the neckline, nor do I like that it is a full length gown. I do have to say I’m sad that “No Air” didn’t win Best Pop Collaboration. Jordin is totally deserving and talented.

12_kim_kardashian2Kim Kardashian. If dating football players and being bootylicious is enough to get you to the grammy’s then you might as well do it up. Although I have NO clue why Kim was at there, I think her Grammy’s look deserves an honorable mention. She pulls off a classy, elegant, classic movie star look. I love her glamour earrings, her pulled back Audrey Hepburn hair style, eyelashes and the gown she’s wearing.

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Taylor Swift and Miley Cyrus did an awesome job on their live duet performance AND with their classic black Hollywood gowns. Miley Cyrus has been criticized for not dressing her age, but I thought her Grammy gown was perfect for her. I loved Miley’s hairstyle as it showed her fun personality and youth. I found myself checking out her hair color and highlights, and think they are a great fit for her skin. They seem to have a warm honey tone and the little bit of blonde highlights add dimension. As for Taylor, I’m getting a bit bored of her small spiral curls look but I suppose it does fit her style and “first love” type of songs. I think this dress definitely gave her a bit more credibility as someone who is here to stay. I really liked the way her eyeliner was done too. It almost changed the shape of her eye. I’m a huge fan of the “cat eyes” with simple eye shadow and understated lips. She looked more like a woman- good job girls!

2009-grammy-awards-best-dressed-15Jennifer Hudson. My favorite girl of the night, and of the last two years really, Jennifer did an unbelievable job on her live performance. She also won best R&B Artist. Her acceptance speech was short, to the point and so real. She was teary, nervous and seemed to prepare her words on the fly. I enjoyed how authentic it was. I hate saying anything even slightly negative about J-Hud, but I must say I didn’t totally understand her dress choice. I know these types of dresses are super trendy right now, but the top looked a little too napkin-esque for me. I think the dress would be ok at any event except for the Grammys. Great job Jennifer. You are an inspiration to the world and evidence that the American Dream really can come true!