Todd Harrison believes that Marijuana will be the single best investment idea of the decade.
But while the public has watched recreational marijuana take off in Colorado this year, how can they profit from it as an investment theme?
Harrison believes it will be driven by the broader legalization of marijuana, inspired by states’ need for tax revenue. He points to expectations that legal marijuana use is expected to generate $134 million in tax revenue for the upcoming fiscal year in Colorado, the first state to allow recreational marijuana. That’s nothing to sneeze at, and Harrison calls the state the “litmus test” for broader legalization. Harrison also cites the expected decline in crime rates and prison populations as powerful incentives to decriminalize marijuana. Read more »
Today I have an idea that you can implement immediately to increase your cash flow-regardless if you are 20 something or that 50 something year old who just got laid off ;(
I wrote a blog post yesterday titled My Tax Dollars Went to These Morons. I mentioned that several law firms were going to have a huge party at GM’s expense-sweet dreams GM! Specifically the law firm of Weitz & Luxenberg had registered the domain name GMclaimslawyer.com to generate clients for potential lawsuits. So, how can you make some money off of this fiasco?
Here’s what I did-I went over to blogger.com and started a new, free, website called GMclaimslawyers.blogspot.com What’s my strategy for generating cash?
- Install Google Adsense to generate cash flow
- Make this site a portal for those seeking unbiased reviews on securing the best attorney
- Open the possibility that some companies may want to purchase ads
I’ll keep you posted on my success or failure of this site. The point is this: just don’t sit there and do nothing when a big event like this happens! There’s plenty of traffic now I just am getting in the middle of it.
Good luck and make some money today!
Yep, GM continues to be a company that we never should have bailed out-Thanks Washington! But, read this article on Lawyers Ply the Internet to Score Clients for GM Lawsuits 😉
NEW YORK (Reuters) – General Motors may face lawsuits for millions of dollars over its recall of 1.6 million cars, but first lawyers have to find clients if they hope to get a foot in the courthouse door.
To do so they are buying Google search terms, registering Internet domain names, announcing investigations into GM’s behavior, and turning to their Twitter and Facebook accounts to provide updates on the recall.
GM has apologized for how it handled the recall and said that taking care of customers was its top priority. The company said it is authorizing dealers to provide loaner cars and a $500 cash allowance to affected customers, and is working quickly to communicate with customers on a variety of channels about the recall. Really-You’re Lying!
In New York, law firm Weitz & Luxenberg has registered the domain “GMclaimslawyer.com.” The site offers owners of recalled cars a free legal evaluation about what potential legal claims they might have for the “danger” GM exposed them to “when they let these fault(y) vehicles continue to go down the road.”
Well, someone is going to make money on this cluster-Cash Flow comes in all forms!
I saw this article in the New York times called A Young Inventor, Finding the Crunch Factor.
Mark King is lucky, he knew early on in life that his passion was inventing. As many people can attest; the single hardest thing in life can be discovering your passion and make a living at it!
King had seen a call for ideas on a website sponsored by General Mills, where the company invites amateur inventors to come up with fresh concepts. King typed out his musings in an email and hit send-soon General Mills had him on a plane to Minneapolis, its corporate home. Check this site out it’s called G-WIN. Big shout out to General Mills for this effort!
King tells us the background of his invention:
When he saw what General Mills was looking for in a granola-bar texture machine, “I took a ton of different ideas and ran them through my mind, and then I just came onto this one that I saw was kind of interesting,” he said. He wrote down a description and sent it in.
“Then I got an email, and they said the idea was awesome,” he recalled. “They said, ‘O.K., call this number at this time, and use this code, and then you’ll be calling into a teleconference.’ ” Imagine. “It was like a James Bond scenario.”
How cool, great job Mark King-continued success!
I confess, when it comes to a monthly budget-I suck! The good news is Crystal over at Budgeting in the Fun Stuff, is quite diligent about a monthly budget!
If you too suck at monthly budgeting, jump over and read this post Checking in on our Monthly Budget and Troll Rant. It’s an interesting post and for me, a little motivational reminder on why it’s a good idea to look at the monthly cash flow-Enjoy!
Yes, I do live in Colorado and this cash flow phenomena generated from Marijuana blows me away. Wherever you live-you can bet your greedy state legislators will be watching Colorado closely. In the month of January alone, the greedy dogs raked in $2 million in new tax dollars-thanks to the hefty 25% tax on recreational marijuana!
Looking for a new career or a very profitable investment? I’ll periodically update the risks and rewards in this new frontier.
Have you ever just met someone and when they smiled you cringed? I’m guilty-I just expect people to take care of their teeth and I make judgements based on the condition of your teeth! Come to find out, I’m not the only one.
Take the example of Patty Kennedy; with 5 broken teeth, three cavities and a painful gum disease, she knew her job prospects were not bright:
“But like many of the more than 2,200 people who showed up for the 5:30 a.m. clinic on May 18 and 19, Kennedy knew that bad teeth translate into poor employment prospects, even for the best workers.”
“I really don’t smile a lot,” said Kennedy, whose husband, Lucas, also 53, lost his job five years ago when California’s construction economy tanked. “I know that when you have a job, you want to have a pleasant attitude and you’ve got to smile and be friendly.” Read more »
It’s no secret that the cost of a college degree is ridiculous. You can read almost any personal finance blogger and somewhere they talk about their outstanding student loans or their strategy for paying them off. During the most recent recession in the United States; college admissions soared-but is that really the answer to finding great job that you are passionate about? The answer is NO!
Enter the new era of boot camps. A perfect example is a recent article in Yahoo Finance called Coding boot camps promise to launch tech careers. I believe this is a trend that will force Colleges across the country to make their curriculum more relevant, cut out the BS, and lower tuition to reasonable rates.
From the article: Read more »
Have you been certified by the government as a minority owned company? Since Federal projects have to have a certain percentage awarded to minority contractors; this can be a very lucrative opportunity.
For the past two years my company has been looking into this and offering guidance to minority owned companies. Here is a classic example. Read more »
It’s that time of year again….we make a ton of resolutions and shortly thereafter become overwhelmed and nothing gets done 😉 Not really, the key is always to take babby steps! Set up a few realistic goals that you can control and then set that plan in motion.
Here’s something that may help you on that path-particularly if one of your goals is to clean up or improve your credit score. A friend of mine had recently signed up for a FREE service called Credit Karma. Read more »