Thursday, September 25, 2014

Unemployment IS rising

There are many reasons we will continue the jobless recovery.

1. Many give up looking for jobs and they're not counted.
2. Our median salary is not improving.
3. Outsourcing.
4. Our education cannot compete.
5. Generous welfare.
7. Too much 'help' and regulations for the worker (such as min. wage of 15).
8. High cost of doing businesses (regulations and taxes). 
as illustrated in my book The Art of Investing.

Wednesday, September 24, 2014

New article

 Dear friends and colleagues,
Here is the second article at Seeking Alpha in 10 days. When the market is risky, I do not want to research stocks to buy. If you have one of my books, you can replace the The Mysteries of P/E article with the update one below.
Seeking Alpha article:
The older article is: 
My new book The Art of Investing (Myths + its sequel).
Write a review if you have it or the book Debunk the Myths in Investing.
Tony Pow

P.S. So far, I do not know any reviewers on my books. I did see a lot of other reviews that most likely were written by friends and family members. I wasted money on one book I bought based on 'great' reviews. Your fair reviews, good or bad, would help potential buyers. TP

Monday, September 22, 2014

Believe it or not: I was Shakepear in my last life

For proof, here are my titles of my articles in Seeking Alpha.

1. The Tale of Two Portfolios.

2. Six Signs of a Correction, or known as "To correct, or not correct".

3. Amazing Return, similar to "Outrageous Fortune".

The naive Chinese and their bad public behavior

Chinese tourists are robbed in Paris unproportionally high. If you carry a lot of cash and expensive stuffs, you're the target (I believe you guys are smarter than your look, or obviously not). 

About 1/3 of the line filling orders for the new phone are Asians. That's their class discrimination as they many do not have racial discrimination. Discrimination is a bad but REQUIRED human nature. If everyone is the same, we're communists and do not want to work harder. :)

Bad public behaviors. Please do not talk too loud in the public. Do not cut line as you are in China. Do not pick you nose. When you're in a foreign country,  you represent a nation. This generation of Chinese are the children of the 'Cultural' Revolution who did not go to school. That's why. Remember you do not gain respect by how rich you're, but by what you behave.

My social standing in the USA must be dragged down by these barbarians. Excuse me for being so blunt. I love my countrymen. If we do not learn, we never be a first-class and respected country.

Wednesday, September 17, 2014

The Art of War

The spider depicts how we buy stocks: Time, Find and Score. For the spider, it is Wait, Aim and Bite in the cover of my book The Art of Investing.
Actually its availability from the free clip arts is the sole reason for my choice and the above is makeup. :)
The Art of War
The title of this book was inspired by the above book that was written about 2500 years ago. I was surprised that no one uses the title The Art of Investing.
With some minor interpretation (such as the titles of the officials, the capital names...), Chinese text can be understood even from that long ago. I believe they're craved on bamboo. It has 13 chapters. I believe there were more books from this author and got lost from the long history. This book could be the official recording from the emperor, a usual practice in Chinese history.

Japanese business men use this book and the Romance of Three Kingdoms a lot. The US army adopted this book as the required reading for their officers. I do not think it would be useful in today's warfare except the urban wars that we lose most of the time. Maybe the other side studied harder than us. I will try to see what and how this book is relevant to investing. Initially none except some for day traders.

The story
The emperor asked that author to demonstrate his technique of training an army. He asked the emperor's ladies to learn how to drill. After several laughs, two leaders of the drill were beheaded and then everyone was serious and then he had trained successfully the most beautiful army in world's history.

Sunday, September 14, 2014

The Art of Investing

Dear friends and colleagues,

You may have one of my books. Here is an article at Seeking Alpha that will be a review of what I’ve mentioned in my book. You will be a great help to write a review or click on the “Like” button of a current review.

Seeking Alpha article:

My new book The Art of Investing (Myths + its sequel).

Tony Pow

P.S. So far, I do not know any reviewers on my books. I did see a lot of other reviews that most likely were written by friends and family members. I wasted money on one book I bought based on 'great' reviews. Your fair reviews, good or bad, would help potential buyers. TP.

Friday, September 12, 2014

How to balance the deficit

We should have a 0% (ok I hear you and will settle for 10%) corporate tax and a 3% VAT and extra 2% for luxury goods.

- All the corporate golden geese will flock back.
- Our dividends will not be taxed twice.
- Corporations will plow back the money for investment and hence ignite employment.
- VAT discourages unnecessary consumption and spending. The 2% surcharge for the rich is fair and simple.

The above numbers are arbitrary. We need to set up a budget and require the government to enforce it.

You may say we do not have money to run the government. It is simpler than expected.

- A small and efficient government. 
If you're one of the lazy government employees surfing the net and waiting for the 4 pm stampede (after the two-hours lunch followed by your nice afternoon lap), you know exactly what I'm talking.

- Why the government employees can retire at almost full pension at the early age (comparing to corporate employees) is just beyond my comprehension.

- Stop being the world police. We've more problems to solve at home.

- Cut down the generous welfare and ask the able to get off the couch. Watching TV all day long for the rest of your life is boring and not good for your health. Remember when we run out of money to give you, the host and the parasite will die together.

- Prosecute the welfare and disability cheaters.

- Prevent illegals to come in by prosecuting employers. If there are no jobs, they will not come. We do not need all those fences and patrols.

If we have enough income, we may abolish the income tax. Bad for Turbo Tax but good for us (at least wasting one day in preparing the tax).

No income tax encourages working.
VAT encourages less spending.

A win-win situation.