GeekMBA360

A fellow reader wrote to me: “I work for clear channel and it has come to my attention this week that there will be layoffs and/or firings sometime next week.  Until yesterday I had no clue, however, my boss, a local sales manager, informed me that our program director heard rumblings from an online forum [...]

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The United States federal government is in deep debt trouble. How is it going to get out of it? It’s inevitable that it’ll print more money – the US government will not default because it has the ability to print unlimited amount of dollars. This will result in high inflation and high interest rate. Is [...]

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I’m not an economist. But, like many of you, I’m very concerned about today’s market crash. I actually felt worse than the 2008 financial crisis because I think we’re running out of options. In 2008 the government was able to use stimulus packages to temporarily “stop the bleeding”. China was able to implement its own [...]

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The recent rising U.S. stock market does NOT make sense to me. Amazon.com stock is trading at $130.15/share this afternoon. Its P/E ratio is 76.74. Google’s P/E ratio is 36.56. Apple’s P/E ratio is 32.28. Given Amazon’s thin margin, its current stock price is absurd. It’s the kind of number we saw during the last [...]

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A decade ago while I was a college senior, I read Michael Lewis’s Liar’s Poker: Rising Through the Wreckage on Wall Street . It made me realize that I didn’t want to work in investment banking while many of my classmates were fighting for banking jobs. His next book, Moneyball: The Art of Winning an [...]

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In this Issue: Have we seen the bottom of current economic down turn? Are you ready? Six ways to identify hidden job opportunities What should you do if you cannot find a job? Inside look at layoffs + Job Search Strategies Entrepreneur calling: ideas, inspirations, and examples Watch your Paycheck! — Personal Finance Tips Unhappy [...]

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In February we published Microsoft Laid-off employees layoff satisfaction survey result. On May 5, Microsoft had its second round of layoffs, let 3,000+ employees go. A number of former Microsoft employees had filled out our survey after the May 5th layoff. Below is a summary of the survey result of Microsoft layoff round II. Which [...]

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I have to say that I’m puzzled by the recent movement in the stock market. By all indications that our economy is not getting better. I’m still not convinced that our government is doing the right thing, and the bail-out packages are the right moves. I’m not shorting any stock. So, I’m not negatively affected [...]

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I hold my hard-earned money in index funds, money market fund, CD and saving accounts. I don’t trade stocks because I don’t have interest/passion in tracking individual stocks. I’d rather spend time doing other things I enjoy doing. I want to have a good night of sleep every night. I don’t want to spend time [...]

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We’re having the most severe economic downturn since World War II. Everyone is trying to hold onto their jobs. Many companies have suspended merit-based pay raises and bonuses. If you want to increase your take-home pay, you will have to do it on your own. Let me challenge you: assume you’ll hold onto your current [...]

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