Deciphering Cryptocurrency

  • James H. Lee

Deciphering-CryptocurrencyOne of my life's great regrets was not buying Bitcoin in 2011, when it was worth just 40 cents. I knew about Bitcoin early on and the idea seemed fascinating. It was the world's first crypto-currency, backed by computational power, limited supply, and an unbreakable code.

If I had made a minimal $1,000 purchase, that speculation would now be worth... $2.5 million dollars.

The problem was this: Bitcoin felt "sketchy". Still does. And the SEC seems to agree on this point, as it recently dismissed an application for the world's first Bitcoin ETF.

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Real Estate Disappears

  • James H. Lee

3FuturecityFutures come in many shapes and sizes. There are possible futures, probable futures, and preferred futures. Each of these comes with a different set of tools from the futurist's workshop.

The thing is... there isn't just ONE future. We get to choose.

So, I found it difficult to give a straight answer when asked about the future of real estate earlier this month. Anyone who gives predictions won't last long as a futurist. Among the occupational hazards of this work includes the fact that any statement made about the future may, in hindsight, appear to be obvious, wrong, or worse yet, obviously wrong.

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Where did money goThere are some things that we all enjoy buying. These are the "fun" purchases that motivate, bring us joy, satisfaction, and a sense of well-being. For some people, it might be a morning cup of coffee, or going out to dinner for "date night" once a week.

Other bills we pay a little less enthusiastically. Here are a few power-tips for saving money on regular expenses that nobody gets excited about:

Student Loans: Few people realize that student loans can be refinanced. Everyone gets the same high interest rates when they apply for a student loan, because we all start without a credit history. After spending a few years successfully navigating the working world, college graduates may qualify for a better deal. Rates for refinanced student loans can be as low as 2.2%. Check out LendEdu.com

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The Financial "Power Tool" in Your Wallet

  • James H. Lee

Credit Card PileCredit cards are a "power-tool" that don't require safety googles or gloves. However, like many other tools, they need to be handled with a bit of common sense.

Some people get accidently buried in credit cards, while others use successfully use them to build their business. The really smart ones know how to work their perks.

I became familiar with credit cards while temping for a number of banks during my college years in the late 1980's. The industry has evolved considerably since then -- credit cards have become far more specialized and competitive.

Some great websites for making comparisons include www.bankrate.com and www.nerdwallet.com.

Depending on your needs, here are a few of my favorites:

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The Logo Story

  • James H. Lee

Logo Color PositiveFour years ago, I needed to create a logo for StratFI. The problem was my complete lack of artistic talent. Investment managers are good at other things, such as geeking out in front of the computer, obsessing over quarterly earnings reports, or making sense of economic statistics. We also love to read.

After finishing The 4-Hour Workweek (quite possibly the most dangerous book on entrepreneurship ever written), I learned about crowdsourcing and decided to give it a try. It was a bit like asking everyone on the internet for advice.

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Let's Talk About the One-Percent

  • James H. Lee

It is 24/7 politics on the internet and everyone is talking about the "one-percent." The first question that comes up is "who are they?" usually followed by, "how can I be a part of that group, too?"

If you have a hundred friends, the chances are good that that you already know someone in the one-percent. (If you are reading this newsletter, the odds are even better.)

In my small home city of Wilmington, we probably have 700+ people in the one-percent. They can't all be bad.

Some career choices help stack the deck in your favor. Here is a list of top paying jobs:

Best Paid Jobs

If you have ever wondered what percent you are in, here is a link for you .

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