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04-APRIL 24-2023

Good morning.
Stop and ThinkUnderstanding demographics can help find investment opportunities.  The millennial generation is now nearing its peak earning years.  And it’s also now hit a homeownership rate of 51.5 percent.  That’s a milestone that other generations, such as the Baby Boomers and Gen X hit at a far faster rate.
Given that the housing market saw the Great Financial Crisis just as this generation was entering the workforce, there have been opportunities to buy housing at distressed prices.  Today’s home prices – and 15-year high mortgage rates – are likely to slow home ownership trends no matter what generation.
If millennials generally avoid buying housing at a rate similar to past generations, investors may want to consider investing in rental properties – either via a direct investment, or with apartment REITs.

PMP April 22 2023

Now here’s the rest of the news:

Panicked International Monetary Fund Sparks Bonfire of Gold Buying
The International Monetary Fund’s latest Global Financial Stability Report is basically an advertisement for owning precious metals.  IMF economists say that… [Read Here]

April 24, 2022

Good morning my Newfoundland brothers and sisters!male-hiker-hiking-along-foggy-riverbank-gros-morn-2022-03-07-23-59-48-utc

Male hiker hiking along foggy riverbank, Gros Morne National Park, Newfoundland, Canada

Work Smarter, Not Harder… 8 Tips

Many people say they want to “work smarter, not harder” to make the most effective use of their time.  This is often easier said than done, though – without a clear plan and strategy for your workday in place, most people end up overcommitted, overwhelmed and overworked.

If you truly want to work smarter, you need to take a good, hard look at your daily tasks and learn to prioritize them or pass them off to someone else when necessary.  Here are some of the top tips we’ve learned for working smarter and more effectively.

DelegationDelegate What You Shouldn’t Do; Prioritize What You Must Do.  Delegate tasks that you shouldn’t be doing to someone who should be.  Then, take on your own tasks in order of priority.  Can it be done in less than 30 minutes?  Do it now.  If it is going to take more than that, then schedule and prioritize it.  If you pair this with scheduling your time effectively, it will allow you to get more work done.

Tighten Up Meetings.  Limit meetings to 30 minutes, with a specific desired outcome.  If you don’t think you can cover everything in 30 minutes or certain people can’t contribute to the outcome, then you probably need a few 30-minute meetings with different groups of participants.  Long, tedious or irrelevant meetings are not just a time suck for individuals, they are a drag on organizational effectiveness.

Control Your Habits.  Creating habits is the easy part.  If you want to work smarter, then the secret is controlling your habits.  A good rule of thumb is to force yourself to commit to positive action every day.  Don’t let your day control you, rather you take control by maintaining habits that improve time management and communication skills.  Safeguard your habits with accountability checks that are solid.

Do One Single Thing At A Time.  Too many people think they will accomplish more if they do as many things as possible at the same time.  But the truth is, you are much more productive if you do one single thing at a time.  Chart your day, figuring out a to-do list and focus on the most important task first, then go down the list.

Just BreatheSlow Down.  This may sound counterproductive, but slowing down and thinking about the approach to a situation will help you identify more efficient ways of accomplishing the same task or project.  Just five minutes of thinking before doing will help you consider the domino effects of your actions.

Turn Off The Internet.  Write out your to-do list for the day and put the hardest thing on top.  Then stay off the internet until it’s done.  This allows you to not check any emails (which is a huge distraction) and give 100% to this task.  This typically results in getting it done faster and with more accuracy.

Understand The Value Of Your Time.  There are so many things that we can be doing at any moment.  Even though some are fun and easy, they might not be the high-value tasks you should handle.  If there’s someone who can do it cheaper (and sometimes better) than you can with you time, you need to keep reminding yourself to pass on those things.  The first step is recognizing what your time is worth and evaluating your current task list soberly.

Use Technology To Streamline Or Automate Tedious Work.  There is a tech platform for almost every aspect of business – project management, sales, client interaction scheduling, employee management, etc.  It’s important to keep your eyes and ears open for new tech and embrace it.  Often times, technology means streamlining efforts and automating tedious work, which frees up time for more important and productive tasks.

Work smarter!

April 24, 2020

He's reacting wellGood morning… This Is Not The End,  It’s A New Beginning
It was less than a week ago that the market popped on news of a potential vaccine candidate.
There wasn’t much follow through this week, but Thursday slipped into the close as the same hopeful attitude about the potential treatment failed its first trial.
To be honest, I’m not necessarily wanting to be a guinea pig, but the market wants to see one get better from COVID-19.

If you are not willing to risk the unusual, you  will have to settle for the ordinary.” —Jim Rohn

Here’s the rest-of-the-news:

New Buildings Are Appearing In Many Suburban Backyards…  
Introducing the ‘work shed’ … The future of work… The hallmarks of a recession… Essential businesses need essential software… ‘The best value in our SaaS universe’…  New buildings are appearing
They look something like this…
It’s not quite a gardening shed — and not quite a pool house… It’s a home-office pod.
It includes just enough space for a desk and a chair, as well as some walking room and natural light… kind of like those “tiny houses” that became all the rage starting a few years ago.
Except this is a getaway from your house.  It’s a place to work in our “stay at home” pandemic times.
Prices start at $7,500 for a basic eight-by-eight model with finished interiors, lighting, and electrical, and go up to around $25,000 for a larger, more elaborate setup like what I’ve made for myself, with its own HVAC system.
For customers seeking their own pods, the design and construction process takes about four to six weeks.  The installation takes three days.

April 24, 2019

“I focus on what I can control, NOT on what I can’t control.”
(say this 3x times today)

Hello, my friend!  Thanks for opening this up today … this issue won’t disappoint.  I’ve had a lot of questions about productivity and making sure you use this time to the best of your ability.
What I have found is that the fastest way to KILL your productivity is simply by getting out of the MOMENTUM you were currently in.  If you want to be productive, the fastest way to do so is to create momentum.
But how?  This video below with Jesse Eker will show you … if you’re experiencing…
Procrastination… or you feel like you are playing small… or for all my overachievers, you are spread too thin and not getting the results you want…

Wasn’t that helpful?  I sure thought so…

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Come From Aways, Do You?

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