Month: September 2017

Are stocks expensive? Is this a bubble?

Yesterday the S&P 500 closed at a record high so it is unsurprising that you see headlines asking if the market is overvalued or is this a bubble? Many pundits are calling this stock market a bubble and predicting doom. In Bank of America Merrill Lynch's August fund manager survey of global investors, a record 46 percent of fund managers said that U.S. stocks are overvalued. In July, Goldman Sachs research highlighted “elevated valuation on almost every metric” in its weekly report on markets.

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The rise of mobile payments in China

Today almost all of the headlines are about Apple's iPhone launch and that is well deserved. I've been a iPhone user myself for 10 years and am excited for the new phone (but not the rumored $1000 price tag). Since the iPhone news will be covered by a million different sites, let's look at the other side of the globe where China is a very different market and one changing at breakneck pace. Did you know that last year, Chinese consumers spent $5.5 trillion (yes Trillion) through mobile payment platforms? To put that in perspective that's about 50 times more than their American counterparts where Apple pay just hasn't caught on. So why is China succeeding where Apple is not? Let's take a look at China's mobile payment market.

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IM 004: Helping Entrepreneurs and Minority Owned Businesses | Terrence Clark

Terrence Clark heads the New York & New Jersey Minority Supplier Development Council, one of the 23 councils within the National Minority Supplier Development Council network. The Council brings together more than 900 certified minority owned businesses and more than 120 corporate members for new business opportunities. He has dedicated his 30 year career to helping entrepreneurs, minority owned businesses, and small business enterprises to grow and prosper.

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Why Start A Business Podcast?

This week, we are excited to announce the launch of the Inspired Money podcast.  The idea of producing a podcast began when I attended FinCon Masters New York where I met business podcasters Philip “P.T.” Taylor, James Altucher, and Farnoosh Torabi.  I hope to see them again next month at FinCon Dallas because my article What Financial Health Means to Me was named one of 10 winners of a national #FinHealthMatters Day essay contest granting me entry to the the world’s largest financial content expo.

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5 simple steps to protect yourself from the massive Equifax data breach

Today, Equifax announced one of the largest data breaches in history affecting almost half of the US population, as many as 143 million Americans. Based on the company’s investigation, the unauthorized access occurred from mid-May through July 2017.

The information accessed primarily includes names, Social Security numbers, birth dates, addresses and, in some instances, driver’s license numbers. In addition, credit card numbers for approximately 209,000 U.S. consumers, and certain dispute documents with personal identifying information for approximately 182,000 U.S. consumers, were accessed.

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