Archive for April, 2011
10 Reasons You Should Never Own Stocks Again
Posted by James Altucher on April 28th, 2011 at 7:34 pm, Comments: 0
I’m really bullish on stocks and the economy but I don’t think you should waste your money investing in stocks. You might as well flush it down the toilet. Or throw a big party. Don’t give it to charity either. We already went over that. And please don’t buy a home. Just relax a little bit if you have some extra money.
I’ve been writing about stocks for almost ten years now. The first time I ever got paid for writing anything was a check for $200 I got from thestreet.com when I wrote in late 2001 about stocks that were trading for less than the cash they had in the bank. I never cashed the check. Here’s the picture of it:
Posted by James Altucher on April 28th, 2011 at 7:57 am, Comments: 0
“The Tooth” was given to me as a gift by Janice Kim, the only female American professional Go player (and now a professional poker player), in 1999 and I promptly put it up on the wall next to my computer. I love this photo.
10 Reasons Why I would Never Donate to a Major Charity (or, How to be a Superhero, Part 2).
Posted by James Altucher on April 27th, 2011 at 7:49 pm, Comments: 0
“Giving to Charity” is another Myth we uphold fervently in the Great American Religion (just like “own a home”, or “send your kids to college”). Its time we stop blindly believing in mythology. I’m not saying don’t give. I’m not saying don’t be spiritual or don’t be good. But do it with thoughtfulness, with true spirit, with a true desire to help More harm than good is done when you blindly throw money at most charities.
The Power of Hypnosis
Posted by James Altucher on April 27th, 2011 at 8:23 am, Comments: 0
I was on a payphone in Chinatown and I wanted to break up with her. I had just moved to New York City, in part because I knew I couldn’t break up with her if we still lived in Pittsburgh together. I had to move 300 miles away first. It was 1994 so I can say thats the kind of person I was all the way back then but maybe thats the kind of person I still am and it gets much worse with old age.
The 100 Rules for Being an Entrepreneur
Posted by James Altucher on April 25th, 2011 at 8:46 am, Comments: 0
If you Google “entrepreneur” you get a lot of mindless cliches like “Think Big!” For me, being an “entrepreneur” doesn’t mean starting the next “Faceook”. Or even starting any business at all.
It means finding the challenges you have in your life, and determining creative ways to overcome those challenges. However, in this post I focus mostly on the issues that come up when you first start your company. These rules also apply if you are taking an entrepreneurial stance within a much larger company (which all employees should do).