Garbage IPO of the Day: $ARLO

Arlo Technologies split off of its parent company Netgear and IPO’ed last August. As you can imagine, there was no risk involved and everyone made money…

Just Kidding. If you bought the first week you are now DOWN 82% on your investment. Believe me, I love these cameras. I have 5 of them around my house exterior and use them daily, however this just goes to show you that there are more powerful forces at play and everything has RISK! So don’t listen to the pundits on TV next time when you want to buy a crypto asset and let them

Being Ambitiously Lazy and Having Success

How can someone be both ambitious and lazy, wouldn’t one effectively cancel out the other?
Ambitiously Lazy
Most people consider me ambitious, they also consider me to be a hard worker. They have this idea that I’m hustling all the time because I have the ambition to pursue multiple things.
This may have been true in my twenties, but in my early forties – not so much!
Don’t get me wrong, I still bust my butt. However it’s selective and only with things that I can be lazy with after they are established.
Examples:
Real Estate – You have all seen me post about real estate investing.

The Time vs. Money Decision

One of the fun decision dilemmas in life….
Time vs. Money
Here’s the thing, we all look at money with a sense of value. X amount of dollars get us X amount of services/goods in return. So when it comes to money, many of us want to save some of it by doing a few extra things ourselves.
This makes complete sense, get less services/goods spend less money.
Or does it?
The Value of Your Time
How come we do not think about how much our time is worth? Some of us do, but the majority of us don’t quantify this. However, that’s exactly what we

Crypto Contest June 16: RIF Token

RIF Token (Bitfinex: RIFUSD) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, RIF Token began a wave one advance on February 13. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on February 24, and the red wave two (blue sub-waves a-b-c) correction ended on May 15. If this wave count is correct, RIF Token should be heading next towards the February 24 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

The RIF Token is intended to allow any token holder to consume decentralized infrastructure services that are compatible

Tips to Weed Out Fraudulent Rental Applications

Tenants are our biggest asset when owning rental properties.  Rental payments is where our income for the property is derived.  There is no bottom line without the rental income, thus good tenants are integral.
Having a solid tenant screening process is important, but we also want to make sure that the application we are reviewing is legit in the first place.
Now, if you have property management screening tenants for you then these are some things they should be doing already.  For those self managing let’s discuss a few points in particular as we can be a more desirable target for the

Crypto Contest June 15: EDUCare

EDUCare (Huobi: EKTBTC) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, EDUCare began a wave one advance on March 22. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 5, and the red wave two (blue sub-waves a-b-c) correction ended on May 20. If this wave count is correct, EDUCare should be heading next towards the May 5 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

EDUCare is a public chain ecosystem based on multi-chain structure. The latest price surge could have been due to the following

Binance to Block U.S. Customers from Trading

Well if you enjoyed trading on the binance platform and are a U.S. residents – that fun is over.  News today hit that they will be blocking U.S. residents from trading on the platform come September 12th, i.e, you have 90 days to get in compliance.
You will still be able to withdraw funds after that time though.
The coming margin option make this not a surprise
Recently Binance announced they will be offering margin trading, which basically means you can leverage your holdings to “borrow” money to trade larger positions.
This opens up a whole new can of worms in the world of

Crypto Contest June 14: Ether Zero

Ether Zero (Bithumb: ETZKRW) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, Ether Zero began a wave one advance on February 10. The red wave one finished on February 17, and the red wave two correction ended on February 24. The red wave three advance finished on April 6, and the red wave four correction ended on May 13. If this wave count is correct, Ether Zero should be heading next towards the April 6 peak in the red wave five.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Ether Zero is a hard

Garbage IPO of the Day: $APRN

Blue Apron folks. This is your garbage IPO if the day. This company went public in June and 2017 and within its first two years of trading it has lost investors…93.5% of their investment if they bought the opening print. This is a classic example of a garbage company, going public because it needed the money to stay in business. Remember folks there is one main factor that ANY company will go public.m, and that is because of the money, whether a need or a want. APRN is not trading at $0.65.

There are many IPOs that are like this

Crypto Contest June 13: Universa

Universa (Bitfinex: UTNUSD) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, Universa began a wave one advance on December 14, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 5, 2019, and the red wave two (blue sub-waves a-b-c) correction ended on May 30. If this wave count is correct, Universa should be heading next towards the January 5 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Universa blockchain platform is the first Russian blockchain platform for building business applications intended to address the tasks