The Online Investing AI Blog

Last night I was watching the news (a terrible habit I need to get rid of!) and there was another story about how bad the economy is and how hard it is to find a job. I always have the same reaction when people say they are looking for a job. It makes me wonder, “Who wants a job?”

Having a job for decades and retiring on a pension was a system that ended in the 1980’s. Since then, the economy has changed so rapidly that working in the same job for 20 years is nearly impossible. Besides that, the financial mismanagement of companies and the government has made pensions and social security unreliable.

So what’s the solution?

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Accelerating Technology, Dreams Come True, Great Books, Investing, Money, Online Investing AI, Success, US Economy economy, Investing, jobs, Money, pensions, social security, Success, technology, the wealth singularity, tv

Price bubbles have been going on since the invention of markets by humans thousands of years ago. However, most people are completely oblivious to how they work, and how to profit from them.

Price of Crude Oil Jan 2004 - Feb 2010

Bubbles are simply the expression of widespread desire to own an asset, regardless of price. As the price goes up, more people find out about it and buy. This pushes the price up further, and still more people find out about it. It is a virtuous cycle.

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Home of Grace Groner, secret millionaire

It’s hard to be a buy and hold investor in this economic condition. We’ve seen major companies get bailed out, or evaporate like a pool of water on a hot summer day.

But think what it was like to be a buy-and-holder in 1935, the depths of the Great Depression. That’s when Grace Groner spent $180 on three shares of her employer’s stock. Over the next seven decades, those shares in Abbot Laboratories split many times and she reinvested the dividends, too.

And guess how much she ended up with when she passed away in January?

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Investing, Money, Online Investing AI, Success, US Economy buy-and-hold, invest, Investing, lessons, millionaire, millionaire next door, rich, Success, wealth

Thanks to you, our readers, February set all time highs for visitors and page views. There were 70,298 visitors and 150,898 page views.

The top blog posts were:

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As a limited time promotion, we are giving away the first two chapters of The Wealth Singularity for free. What is the Wealth Singularity?

We believe that technology accelerating at an ever increasing pace. But that is not all that is changing. New technology is used throughout the world to make money, for both individuals and corporations.

How will Artificial Intelligence revolutionize the investing game? How are blogs, Twitter and Facebook revolutionizing the Internet? How can you achieve financial freedom without wasting a lifetime in a cubicle?

These are important questions that are answered in this eBook.

Why get left behind as other people and businesses are using new technology to cash in?

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Accelerating Technology, Automated Trading, Business Strategy, Dreams Come True, Great Books, Internet, Investing, Money, Online Investing AI, Success ebooks, finances, financial success, learning, Money, spending, Success, the wealth singularity

Today I finished Rich Dad’s Advisors’ Guide to Investing In Gold and Silver, witten by Michael Maloney. I think it is a really great book. It’s not one of those crackpot hype books like so many others on the subject. It is a very interesting and thoughtful historical analysis of why the price of gold and silver could explode. In fact, it explains why gold could reach $100,000 per ounce and silver could exceed $1,000 per ounce.

It sounds crazy, but the author’s argument is very simple and backed up by historical example. He says that every time a government creates its own currency, the currency eventually collapses. And, often times it leads to the end of the government.

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Great Books, Investing, Money, US Economy currency, debt, gold, government, Investing, Money, psychology, rich dad, silver, Success

Shaun, the darling of the snowboarding industry, just won his second gold Olympic medal. It was pretty exciting to watch him fly through the air. It is also interesting to look at what he does to be so successful.

Shaun White Wins Gold for the Second Time

How did he do it? Was he born a snowboarder? Or is it the fact that he has his own private halfpipe that costs $500,000?

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Whether you’re trading your own strategies, or using an Automated Trading system to enter and exit positions, backtesting is the proof-du-jour of due diligence.

The rationale is, if you take the strategy and allow it to trade through historical data, the strategy should achieve similar results in real world trading. But there are a few reasons why backtesting can fail despite the best backtested results.

There are a few names for the first type of backtesting failure that we’ll look at, but it’s often referred to as data-snooping.

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Accelerating Technology, Automated Trading, Investing, Money, Online Investing AI backtest, over fitting, results, returns, strategies, Success, test, trading

It’s been said that resourcefulness is the ultimate resource. I think that for companies, innovation is the ultimate resource. Especially after seeing this screencast from Gregg at Envy Labs on Dan Pink’s blog. It really got me thinking about how innovation creates success for companies.

How awesome is that! They created a cute and funny video that people see when they unsubscribe. I don’t know if it has really reduced the unsubscribe rate. But I wouldn’t be surprised if it has.

What else is awesome about the Punish Derrick video?

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Flickr (Creative Commons)

You have to wonder sometimes: do you think the guy who tests rides at Disney World wakes up and says, “Crap… It’s Monday… I have to ride the friggin’ roller coaster.”?

Does the staff photographer at Playboy say, “Stupid 8 a.m. photo shoots,” when his alarm clock rings?

Wonder if the buyer for Macy’s gets up on Monday and thinks to herself, “I can’t believe I have to buy all those purses.”

It wouldn’t surprise me.

The bureaucracy and office politics of the workplace can suck the fun out of the most creative, most meaningful work, turning it into… a job. And jobs are full of micromanagers, non-existent managers, backstabbers, risk averters, and the ilk who seek to commoditize inspiration and who turn the thing you were born to do into the thing you are bored to do.

Fortunately, technology and new business models offer us radical options. The world can be your workplace. You can even keep your current job while you experiment with some of the following options, designed to refresh your inspiration and give you an opportunity to transform your job back into your passion.

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Business Strategy, Dreams Come True, Internet, Money, Online Investing AI, Success, US Economy boss, consult, freelance, fun, job, mission, nine to five, occupation, Success, work, writing