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by Steve Selengut
Contrary to popular belief and Wall Street propaganda, investing is not a competitive event. Rather, it is a uniquely personal, goal-directed activity that individuals must organize and control for themselves. Too few appreciate that it is a long-term enterprise and only a handful, at best, have discovered that DJIA and S & P 500 numbers are only useful at their extremes. Read the rest of this entry »
With stock markets battered by the credit crunch and resulting recession many investors are trying to gauge the best time to re-enter the market and/or boost exiting positions. But is it really possible to determine the bottom before it becomes history? Read the rest of this entry »
by Steve Selengut
No investor should ever be surprised by the changes in market value that appear on his or her monthly brokerage account statements. In general, media noise throughout the month should lead to a feel for what has been going on and investors should understand that the market prices of investment securities are constantly changing. Read the rest of this entry »
Wikinomics: How Mass Collaboration Changes Everything by Don Tapscott and Anthony D. Williams describes how the mass collaboration enabled and encouraged by Web 2.0 technologies (including wikis, blogs and the gynormous open-source software movement) is fundamentally changing the way business is conducted.
In the beginning communication was one-to-one, or few-to-few. The advent of mass media (publishing and broadcasting) made it few-to-many. Though cable TV and the advent of the Web (1.0) have been steadily increasing the few, Web 2.0 truly heralds the era of mass communication. Read the rest of this entry »
