Strategic Possibilities

I read an interesting article in the WSJ about how BTC or Bitcoin could extinct the dollar.

Well this isn't another "BTC is going to completely change the world and you need to get in on it now" discussion. We're going to consider how BTC investors are helping to potentially increase the value of the dollar, and why the US Dollar is here to stay.

FinTech Trading Algorithms: How fintech companies use technology to do their trading for them.

It's no news that technology and so-called "algorithms" provide an opportunity for "emotionless" trading that acts and captures trades faster than any human can act, on trends that most people can't capture.

The better your algorithm, the more money you'll make, and so on.

But there is something missing from these FinTech "trading algorithms," and here is an idea to use new big data technology in a way to improve those algorithms to become even more effective.

There's an interesting story from someone famous and successful I once read about lawyers. When this person was a child they asked their father who was a lawyer, "why do you continue to do work for such a controversial person?" To which the father responded, "because there is always work to do with them!"

And whether you want to be a lawyer to help in criminal justice, non-profit, Entertainment, or some other form of law, here is an interesting Niche Market for lawyers that you might consider in technology.

There's a concept I learned about sales from The REAL Wolf of Wall Street Jordan Belfort. And that is the importance of building certainty in your client, prospect, or whomever you are intending to influence or persuade.

More particularly for salespeople whose jobs require that they influence a customer into making a good decision for them, this episode will be helpful. The concept of building certainty is simple enough: when someone is sure enough that a decision will workout the way they planned, they will most likely take action. But how you approach the building of certainty can mean all the difference.

Because when I learned about the idea of building certainty, I interpreted and applied it wrong. And here are some of the ideas I got for improvement that anyone can apply to become better persuaders and even to close more deals.

Convinced Tesla is overvalued? See the massive forest of potential as far as the EV industry goes?

Well here are some alternative ways to play/invest/trade EV stocks outside of just Tesla.

Of course we know the EV industry is going to create massive shifts in the automotive industry. It's going to impact gas stations, require charging stations across the country, create new maintenance services, and more.

But what are some other ways to look at EV companies in order to truly take advantage of little gems of opportunities without being too concerned about Elon Musk's Tesla valuation?

Whenever I look at a newspaper vending machine, I wonder "why is this still here, and how do they stay in business and keep putting in new papers?" Who keeps 8 quarters around in their pocket and get's enticed enough by a newspaper vending machine to put those 8 quarters in to get a paper?

Not enough people, which is why most of the machines are decaying. So I often wonder what solutions could arise to either revive or pivot those businesses.

Well here's an idea that helps the entire business model pivot into the new tech-based world, while saving paper, and saving the jobs of those people who are currently distributing papers and helping them work in a more modern business model.

All based on some recent trends happening with COVID19.

With many tech companies being overvalued... With concerns of Tesla constantly breaking new records... And with indexes like the S&P 500 constantly hitting new highs, Conservative investors are concerned that we're in another "bubble" or another crash is looming.

But what if we're currently at a point of acceleration? What if we have reached "Escape Velocity" and are on the way much higher eventually to float around in an orbit or land somewhere with even MORE growth opportunity?

You won't want to miss this.

The EV market has been booming! But this is no news for anyone who follows the stock market at all. You already knew this.

But just like with any investment decision, many factors come into play. And determining which EV company is going to be around in 5-10 years or more can be really tough.

That's why, there are companies that are right under your feet that are making massive gains because of the EV boom. These are companies that are hiding in plain sight, but they don't always get recognized because they are often "boring companies" like mining.

If you were to ask someone, what are some hot industries right now, they might say EV. But if the EV business is to grow, they will require all sorts of technologies from the batteries, to raw materials, to software.

This is how you can play in the EV market without getting stuck on just a few of the EV companies. And potentially earn a profit from the companies that are profiting from EV companies, and therefore growing along with it. And better yet, these companies often go underrecognized compared to say the top EV companies and therefore do not have the same type of valuation risks associated with performing at all-time highs.

Are you a fan of the game of chess? Do you currently or plan to trade or invest in stocks?

Well this episode is for you. Having spent many years playing chess on and off, I often wonder about the incredible type of thinking that goes on during a chess game. 

A chess game is a beautiful game to understand the art of. And when I see the amazing games that happen, I desire to learn about it, and even moreso, I desire to understand what I can take away to bring into my own life.

And recently, it hit me. I asked myself "what can I learn from chess that can possibly help me make money?" 

Here was one of the major lessons I took away from chess lessons that can be applied to the stock market.

There is a massive opportunity hidden within the stock market, and it's not about industries. You've heard of all the "booms" and "busts" and phrases like "ready to burst."

With most tech companies constantly being rated as "overvalued" and many major companies being decent buying opportunities post-covid plummet, there are still some massive profit opportunities in this niche of the market.

It's not a single industry or business like EV, software, mining, oil & gas, entertainment, or anything like that. It is a group of companies that have exciting profit potentials and even long term gains. There is potential for profitable overnight trades (yes overnight because of how these companies are formed) - but these are trades you will want to follow often over multiple weeks or months of basic research. And the long term opportunities are huge because many of these companies are based on leading-edge technologies.

And with anything, speak with an advisor at your personal financial institution before making any decisions. The ideas in this podcast are meant to be general in nature and don't always make sense for every investor or trader.