Category Archives: Demographics
Orlando, Florida – I’m camped out in Orlando, Florida at the World Money Show as I type where I’m talking numbers, markets, and how to turn your money into real wealth.
There are several thousand savvy investors here and it’s real privilege to take the stage!
Speaking of which, we had a great presentation yesterday – admittedly, one of my favorites – Every Dollar You’re Going to Make for the Next Ten Years Is STILL on This List.
I had standing room only for one simple reason.
That presentation sets up the framework smart investors need to turn ideas into action.
And, hopefully, one heckuva lot of profit potential.
Charles Schwab told CNBC earlier this week that he would never buy the money-losing companies going public these days.
Neither would I.
This year’s initial public offerings have been the least profitable of any year since the tech bubble nearly 20 years ago. They’re a sham being foisted upon unsuspecting investors.
WeWork, a media darling that Wall Street loved to talk about, is a particularly egregious example.
The workspace sharing company was supposedly worth $47 billion just prior to pulling its offering according to greedy lawyers, Silicon Valley execs, and angel investors – all of whom were hoping you wouldn’t notice that the math doesn’t add up.
I only wish the company had blown up sooner.