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Monday, September 13, 2021

How to Start Digital Marketing Agency Company

If you're a savvy marketer, you've certainly fantasized about founding your own firm and developing a business that allows you to work from home and feel accomplished. Unfortunately, most people do not pursue their aspirations because they do not know where to begin.
 
The global digital marketing and advertising market are expected to be worth $322.5 billion, with a forecast of $640.2 billion by 2027. Within this industry, you can profit from various subfields, such as unique areas of expertise with little competition and fast-growing areas with significant profit potential. Launching a marketing agency could be a terrific alternative if you have marketing experience or want to establish a business that allows you to think creatively and offer solutions for a wide range of clients.
 
Eric Siu, Single Grain's CEO, got down to discuss the exact methodology he followed to grow this brand from a negative startup to a multimillion-dollar digital marketing agency that services Fortune 500 companies like Lyft and Amazon to help people get started.
 
I personally have a massive interest in this business niche because I am already doing it myself. I have created many websites to market the businesses I own. If you take a look at my online resume, I have created all the businesses from scratch. Creating my own digital marketing agency company allows me to synergize with the other businesses I already own. Because of this reason, I am going to research and write an article on this topic. I hope you readers can learn something valuable if you are also interested in starting your own marketing agency company. Moreover, I am going to explain my plan and strategy for creating this business.

Friday, September 10, 2021

How to Become a Successful Yacht Broker

Many people are interested in becoming yacht brokers. Although many of us fantasize about the day when we can quit our jobs and go cruising, our retirement funds may not allow us to do so just yet. As a result, many people who enjoy boats and know more than their fair share consider working in the marine industry.
 
Many persons with marine experience or who live near the water find professional yacht brokering interesting. I find it appealing to become a yacht broker because my dad and I are yacht enthusiasts. Because of this hobby, I want to create a yacht broker company myself, aside from doing a yacht chartering business. I believe that becoming a yacht broker allows me to be flip yachts as a business.  
 
Due to my interest in this niche of business, I am researching and writing a topic on this article. What are the steps to become a yacht broker? What procedures do you need to take in order to become a licensed broker? Let's take a look at some basic needs to consider when pursuing a career as a broker. I will explain how you can become a successful yacht broker and make a high income from this industry niche. Furthermore, I will talk about my Plan as a Yacht Broker and the business I will build.

Sunday, September 5, 2021

Flipping Boats for Profit: How to Make Money & Not Lose It

When we have the opportunity, we all prefer to have some additional cash. Nowadays, side hustles and side enterprises are the entire trends, and we'd all love to be able to flip houses. However, this can be costly. It's no surprise that you're considering purchasing and flipping a boat.

How to Make Money Flipping Boats for Profit: Flipping boats is a lucrative business in which you purchase a boat for a low price and then sell it for a profit. This can be accomplished by purchasing them and then repairing, cleaning, detailing, restoring, repowering, or otherwise enhancing them to sell the boat for a higher price than what you paid for it.

 

I'm interested in this business venture because I am already in the Yacht charter business (Jakarta Yacht Club). Moreover, I am interested in expanding the yacht charter business into a yacht brokerage business as well. With a yacht brokerage company, I can get the latest deal for yachts that are on sale. This can help me to pursuit the flipping boat business venture. Due to this reason, I am writing an article on this topic. I want to share my research on how you can flip boats for profit. In addition, I am going to explain my plan and strategy for the new business venture.

Saturday, August 28, 2021

How to Flip Houses: A Starting Guide for Beginners

If you're new to purchasing and flipping houses, you've definitely noticed that there's a lot to learn. Buying and flipping properties aren't as easy or straightforward as it appears on TV. However, if you take the time to learn how to do it correctly, you can successfully flip properties. There are also methods for shortening your learning curve and putting precautions in place to reduce your costs.
 
I know readers out there know that I am a stock investor more than a property investor. But one of my best friends who live in San Francisco gives me the idea that I can be making money flipping houses. He is currently working in a home construction company. Moreover, he is learning how to renovate and build houses. I believe there are opportunities for us to work together and share profit in the future. I already have a stock portfolio that holds U.S. equities; however, I don't mind expanding my business portfolio to other ventures.
 
I think the real-estate business in the U.S. has much room for me to grow my assets. Moreover, I am interested in having my own Business Green Card to travel back and forth to America. I love San Francisco since I grew up over there. I want to be able to spend quality time with my friends who live there. Due to this reason, I decided to write an article on this topic. This article will teach beginners how to flip a house and some mistakes to avoid along the way. I am also going to talk about my plan in this business niche. 

Friday, August 27, 2021

Alibaba is in Big Hot Sale

The stock of Alibaba (Ticker: BABA) has taken a beating this year. It started at $227 in January and is now about $160, a 30 percent drop. This is a big blow for stockholders, especially given that it happened when U.S. shares were setting record highs after record highs. China's market performance has been poor this year. The S&P 500 has gained 20.8 percent this year, while China's Hang Seng Index has lost 7.5 percent. Surprisingly, the underperformance was mostly planned. Mind you, not by the firms themselves, but by force far more robust than they are.
 
The stock market in China did not fall because of an economic slump, the COVID-19 pandemic, or anything else. They're also not down due to weak earnings—at least not in the most recent quarter. Instead, they're down due to the Chinese Communist Party's (CCP) crackdown on digital companies, which has many investors worried.
 
As you may be aware, the CCP is currently led by Xi Jinping, its most powerful leader in decades. He has been dubbed China's most powerful man since Mao and is famed for getting his way. Following his ascension to power, Jinping shook up the Chinese government to expand his control. He established working groups in which he served as the leader, and he made essential government bureaucracies directly accountable to him. The end consequence was a leader with an unrivaled capacity to achieve his goals.
 
Now fast forward to the present day. Xi Jinping is a man on a mission to resurrect and rebuild China. Moreover, he promotes the Belt and Road Initiative, a massive infrastructure project connecting Asia and the European Union. He is bolstering China's military. He's advocating the concept of the "Chinese Dream," a daring new vision for the next century in China. Overall, he is a forward-thinking leader with enormous intentions for his country.
 
China's tech billionaires appear to be excluded from Xi's goal. A speech by Alibaba's Jack Ma is said to have enraged Xi Jinping in 2020, prompting a full-scale attack on not just BABA but China's whole digital sector. Shortly after the speech, the government began implementing the policies that have sparked so much debate today, including penalties, app de-listings, and attempts to halt U.S. IPOs.

These measures are at the heart of much of the current debate around BABA. Everyone knows the company has a winning combination of growth and value, but the negative thesis is that China's regulatory crackdown will limit growth in the future.
 
It may. Chinese tech companies may grow more slowly in the future than they would have if Jack Ma hadn't spoken up. BABA's $2.8 billion penalties have already taken a toll on profits, and the CCP isn't finished enacting restrictions.
 
Nonetheless, the selloff that we've seen is unreasonable. BABA isn't suddenly valued 30 percent less because it will be subjected to regulatory scrutiny in the future. Its stock price is a typical illustration of Ben Graham's "Mr. Market" delivering a terrific business at a low price. As a result, in this essay, I'll present a bullish case for BABA, suggesting that its combination of growth and value is worth the political risk.

Wednesday, June 30, 2021

My Financial Journey Progress and Future Plan

Today, I want to talk about my current personal net worth and my progress in my financial journey. I’m showing you, readers, this not because I want to brag, but to show a tracking record of my performance in managing my personal finance. Yes, I did inherit some money from my dad as a starting capital. The total amount he gave me is $350,000. It’s not a small sum amount of money, but I manage to turn that starting capital into $1,400,000.

My current net worth (July 2021) is more than $1,400,000 if I combine both assets in Indonesia and United States. I’m not trying to brag but to show my tracking record of managing and building my personal wealth. I’m pretty satisfied with my progress overall. My investing journey wasn’t smooth, for I also made many bad decisions and mistakes that cause me to lose money. However, even though I made a lot of errors, I was able to turn the $350,000 my dad gave me in total into $1,400,000In this article, I want to share my strategy to manage to have the current personal wealth I have right now. I am also going to talk about my plan for the future.

Friday, June 25, 2021

Is Inflation Coming? How is it Going to Affect the Economy & What You Should Do!

Recently, the Federal Reserve kept printing new money into the economy. The government did this to stimulate the economy during the Covid pandemic crisis. However, all this money printing has its side effect. Inflation is here. As with the April report, the May CPI inflation report from the Bureau of Labor Statistics (BLS) highlighted that prices rose across the board by a lot. Overall, prices in May climbed 5% year over year, the biggest such gain in the headline CPI data since August 2008. Even when you strip out volatile food and energy prices—so-called core CPI inflation—prices rose by 3.8% year over year in May.
 
Investors are spooked because rising inflation, which threatens investment and consumer spending, would need to be tamed by a rise in currently rock-bottom interest rates – and that would be anathema to markets and a corporate sector that has grown used to cheap money. Due to all this money printing, the economy is in a bubble that might eventually burst. The S&P 500 Index has risen so much recently due to all this money printing. I believe the market is overvalued, and the upcoming collapse of the U.S. economy might occur. In this article, I'm going to emphasize how impending inflation is coming and how it will affect the economy. Moreover, I will explain what I did to my stock portfolio and what financial advice I recommend.

Sunday, June 13, 2021

My New Business Plan - Bun's Bargains E-Commerce

I have 
created many side businesses during the journey of my career path. I enjoy the process of creating new business ventures since it’s my passion. I decided I want to do something about my grandfathered Shopify account (free membership) to be used as a new business. My older brother was the one that created the Shopify account. I have been thinking for a long time about what I can do about it. Because I have background experience in selling electronics and gadgets on the internet, I believe starting an online store that sells these goods is a good idea. When I was still living in the United States for my education, I bought and sold electronic goods. I was buying them wholesale from China and selling them at a markup price.
 
Anyways, let me explain my business plan for this e-commerce website. Bun’s Bargains will be a new online store that sells electronics and gadgets on the internet. I am going to use my grandfathered Shopify account for making this online business store. However, before I start this new business venture, I still have to ask my older brother for permission to use the Shopify account. I am willing to give him a 50% cut if he lets me use the Shopify account. In this article, I will discuss why I want to create this business and what my plans are. Moreover, I will explain how this new business will generate cash flow for me and how I can monetize this business. 
 

Monday, June 7, 2021

Why Did Charlie Munger Buy Alibaba Stock

Readers probably already know that I'm heavy on Alibaba stock. Because I invested a large sum of my capital in this stock, I decided to research this company more. Charlie Munger, a close friend to Warren Buffett, has invested a large percentage of his portfolio in Alibaba stock. Charlie is a value investor, similar to Warren Buffett. Buffett has described Munger as his partner and "right-hand man."

I'm curious why Charlie Munger invests a large sum in Alibaba Group (Ticker: BABA). I decided to research the reason why he invested in that company. I'm pretty sure Charlie has a solid reason to invest in Alibaba. After all, he is more experience in investing compared to me. I want to make sure my investment in Alibaba is not a mistake. In this article, I will discuss the research I found to why Charlie Munger decides to purchase a significant stake in Alibaba stock. With this research, I can feel more comfortable investing a large portion of my money in this stock.  

Why I Need To Take Care of My Health to Beat the Game I'm Playing

Health problems, even minor ones, can interfere with or even overshadow other aspects of your life. Even relatively few health issues such as aches, pains, lethargy, and indigestion take a toll on your happiness and stress levels. One way to improve your ability to cope with stress and feel better is to commit to healthier habits. 

Poor health habits can add stress to your life and also play a role in how well you can cope with stress. The stress that comes from poor health is significant. Health challenges also affect other areas of your life. Health problems can make daily tasks more challenging, create financial stress, and even jeopardize your ability to earn a living.

Part of my goal to reach financial freedom is to maintain a healthy lifestyle—what's the point of having all the money in the world but have poor health. Let me explain why possessing good health is essential for me to become wealthy and beat the game I am playing. Moreover, I am going to explain what I am doing to maintain a healthy lifestyle.

Why Buying a Home is usually a Bad Investment

A home can be a place that provides a permanent place for your family and kids, a great place to hang out with friends and family, and it may even provide you with confidence and pride of ownership. But don't be fooled by thinking your house is an excellent financial investment — because nothing could be further from the truth.
 
Many people buy a house because they believe it's an excellent investment. When I was young, I also thought a house is a good investment because housing prices always go up. But did you know that your house is actually a liability? Owning a home requires you to pay taxes, maintenances, insurance, and many more. All of these other things happen with your home that you've got to pay for. This is why I am not leaving my parents' house yet, and decide to keep living with them until I am financially ready.
 
You shouldn't treat your home as an investment; however, if you are buying it for personal use, then it's okay. In this article, I will explain why you shouldn't treat your home purchase as an investment. In addition, a home is a lousy investment, and don't fool yourself into buying a home as an investment. You should only treat purchasing a home if you want a place to settle down.
 

Thursday, June 3, 2021

Alibaba: One of the Cheap Bargains in This Market

I have been looking around in the stock market and haven't found many stocks that are undervalued. Currently, in a market full of elevated asset prices, it can be difficult for investors to find underappreciated securities on a valuation basis. I have seen stocks like Game Stop Inc. (Ticker: GME) gone up in price without seeing any fundamental value for its price appreciation. 

I have been following Alibaba Group (Ticker: BABA) for quite some time already. I have a friend who invested all of his capital in this stock when the price was $290-$300. I placed BABA in my watch list and got my attention when the cost of the stock goes down to $210-$220 level. I believe Alibaba (Ticker: BABA) is being underappreciated through the lens of both valuation and growth potential. While investors may fear regulatory risks, management stability, and financial legitimacy, BABA's growth runway coupled with discounted prices could potentially produce a valuable investment opportunity.

 

This is the reason why I sold all my other stocks in my portfolio and invested 63% of my capital in Alibaba stock. I have written an article as to why I invested a lot of my money in this stock. Because I invested a lot of my money in Alibaba Group, I decided to research this company. I want to make sure what I did was a wise investment move. In this article, I will focus more on information about Alibaba Group (Ticker: BABA) and why I think the current price Alibaba is at is great for investors to enter. 

Wednesday, May 26, 2021

Why I Hate Debt So Much

Many readers who had been following my blog know that I'm not too fond of debt. I hate debt so much that I never touch it a single time in my lifetime. If I do not have the cash to purchase something in my life, I will avoid buying it at all. This means I will only buy that product until I saved up the cash for it. You probably say a little debt will not hurt, but this is exactly how it starts. You make a small purchase on your credit card, and then before you know it, you are thousands of dollars in debt.
 
Debt can be a constant pain for some people because of its sheer nature. Everyone knows that debt is a struggle, but not everyone knows the extent of impact debt problems can have on a person's life. The amount of debt that can pile up throughout your life can create serious problems. Not handling debt-related issues immediately can leave you open to worse financial issues down the road.
 
The prime reason I can create and build a wealth of my own is that I had always avoided debt all the time. I learn this trait from my father, as he also avoided going into debt as well. In this blog post, I am going to explain why debt is bad for you. Moreover, I am going to give my reasoning as to why I hate debt so much.
 

Monday, May 24, 2021

I'm Now Heavy on Alibaba Stock

Since peaking in October 2020 at over $300 per share, Alibaba (Ticker: BABA) has lost approximately one-third of its market value. Alibaba stock price is currently trading at the $210-$220 range as of May 2021. The stock price caught my attention to take further research of the company. I became attracted to the company due to the fundamental and solid financial statement of the company.

Alibaba Group Holding Limited, through its subsidiaries, provides online and mobile commerce businesses in the People's Republic of China and internationally. It operates through four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others. The company operates Taobao Marketplace, a mobile commerce destination; Tmall, a third-party online and mobile commerce platform for brands and retailers; Alibaba Health Internet platforms for pharmaceutical and healthcare products; Alimama, a monetization platform; 1688.com and Alibaba.com, which are online wholesale marketplaces; AliExpress, a retail marketplace; Lazada, an e-commerce platform; and Tmall Global, an import e-commerce platform.

 

On May 20, 2021, I decided to sell all my other positions in my portfolio and use the money to purchase Alibaba stock. I bought 3200 shares of Alibaba stock at $216.20, making this the most prominent position in my portfolio. As for now, my portfolio is very concentrated, holding only two stocks. I know readers might ask why I sold all my other stock positions and holding only two stocks now. In addition, Alibaba is not a stock that pays out a dividend. This is because I see an excellent opportunity that makes me decide to change my investing style. In this article, I will explain why I'm heavy on Alibaba and why I think this is an excellent investment. Moreover, I will talk about the recent earnings results, the stock setup going forward, a valuation update, and the critical risks in the investment.