Tag Archives: investing

Forget Stock Market & Bitcoin, Invest in Mendadent Toothpaste

12 Monday Feb 2018

Posted by in Aging, Branding, Business, Customer Relations, Customer Service, Generational, habits, Health, Lessons of Life, Marketing, Pride, Random

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Those who like to invest in non-existent products might want to rethink his or her strategy considering last week’s mini-stock market crash…uhm, correction. The stock market single week 2,000 plus point losses and Bitcoins $6,000 plus single-month losses left investors with a lot less value in a very short time. Time to think toothpaste.

That’s correct, if a person wants to invest in something of increasing value, try toothpaste. Specifically, Mentadent toothpaste.

Amazon Ad

Only $89..99 for a two pack refill of Mentadent toothpaste!

Supply and Demand of Toothpaste

This price is real. Mentadent on Amazon.com is currently selling at $89.99/two pack refills. The reality is that this is the last of the line for Mentadent. They discontinued production of the toothpaste last year and now the last remaining packages are selling at a premium price.

Unfortunately, this price is probably the maximum price of Mentadent on the market. It has a limited shelf life and soon any remaining unsold product will be worthless after its expiration date has passed.

End of a Personal Era

I discovered this ‘investment’ when I was trying to order more for my personal use. When I met my spouse she was using Mentadent because she didn’t like half crumpled tubes of toothpaste sitting on the bathroom sink. I liked the taste of Mentadent and gave up the product I’d been using.

That was 23 years ago. My adoption of Mentadent was driven by my aversion squeeze tubes and to the limited choices on the market. I had always hated Colgate, and I had used Crest or Aim most of my life. The switch to Mentadent felt like ‘sticking it to the Man.’

It has been harder to find Mentadent in the last few years as some retail stores stopped stocking it, but somehow I always managed to locate a new source. Now I have reached the end the Mentadent rope. I have to switch toothpaste. Back to ugly and awkward squeeze tubes.

Damn.

[COUNT TO 500:  501st Article in PAULx]

Why a Bigger Government is Being Fiscally Responsible

01 Monday Jan 2018

Posted by in About Reno, Aging, Business, Ethics, Generational, Government, Government Regulation, History, Management Practices, Panama, Politics, Space, Taxes, Technology, US History

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Where the investor takes our money to spend

Ask a Republican about his core beliefs and he will say, “I believe in being fiscally responsible.” That is conservative-speak for, “smaller government, lower taxes, more money for me, me, me, me!” The words ‘fiscally responsible’ make he or she sound like they are doing the mature thing in attempting to destroy the government so they can have more money.

They are not.

To be fiscally responsible should mean that she or he supports growing the economy, growing wages, growing jobs, and creating a better world for future generations. That is not accomplished by a smaller government and lower taxes.

Investor As Thief
A dollar sitting in a pocket does nothing. A dollar sitting in an investors bank account accomplishes the same thing as a dollar in a pocket. Nothing. The word, ‘investor’ used to mean a person that puts money into a company or business to make it expand so that it will make more money. It actually works when it is done, but today that is not what investors and companies do with money.

Today, an investor puts money into a stock option of a company with the expectation that the company will give more money back. He doesn’t care whether the company expands or not, he just wants his money back. If the company is able to give more money back by shrinking the company, paying employees less, reducing benefits, decreasing the quality of service to the customer then the investor is happy.

Investment today does not grow money, it just takes existing money and moves it back to the investor.

When is a Dollar a Million Dollars?
For many years our country knew how to grow money. They took a percentage of every dollar exchanged and gave it to the government to spend again. That created new businesses, new jobs, higher wages, more benefits, and more money for everyone to spend again, be taxed again and create more money for the government to spend again. The money didn’t die in someone’s pocket because we kept it working.

Fiscal responsibility is NOT done by destroying government and lowering taxes. That is what we have been doing for the last 37 years and it is not working. Yes, it makes the stock market go up, but that is done by sacrificing business growth, jobs, and the rest of the economy.

Every time the stock market hits a new high it is telling us how much money is being sucked out of our economy to make a few people with bulging bank accounts. We can’t go on this way.

The government doesn’t waste money, it spends money. Every dollar that the government receives is accounted for, and paid back out to the citizens. Every dollar that an investor receives is money taken away from growing the economy. 

We have to start taxing the wealthy as we did before President Reagan started destroying our government. We have to make our government grow again so that our economy can grow again.

Does FINRA Prohibit Social Media Activity for Investment/Financial Firms?

19 Thursday May 2011

Posted by in Branding, Business, Communication, Customer Relations, Customer Service, Ethics, Information Technology, Internet, Management Practices, Public Relations, Social Interactive Media (SIM), Social Media Relations

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USA PDT [Twitter: ] [Facebook] [LinkedIn] [Skype: 775.624.5679]

Paul Kiser

Last year I managed to offend some investment and financial professionals when I said that their industry would have to engage in Social Media, including blogs, if they were going to stay competitive. They told me that their firms and industry regulations prohibited them from using Social Media tools in their business practices. They also said that some firms that prohibited personal involvement in Social Media. The reaction during and after the meeting was one of a strong denial of the usefulness of Social Media in their industry mixed with a ‘kill-the-messenger’ attitude. It was a typical response by business people who have been blindsided by Social Media.

…Professionals that rely on personal contact and personal relationships are finding that effective use of Social Media is key to maintaining and growing their business.

It is hard to start a dialogue with business professionals on how to use Internet tools such as blogging, Facebook and Twitter when the attitude is that Social Media are an encompassing evil that must be avoided, or at the very least, ignored. The problem, and opportunity, is that business professionals who can use Social Media to engage with others will have an advantage over those who are mystified, or more typically, scared by the power of Social Media. Professionals that rely on personal contact and personal relationships are finding that effective use of Social Media is key to maintaining and growing their business.

The fact is that since that meeting many investment related firms have changed their positions by at least 90° and some have done a 180° shift in their attitude about Social Media in business. That is not surprising considering that their future is at stake; however, investment firms do have strict guidelines on advertising and investment advisement, so using Social Media is not the ‘anything goes’ environment for which most of us are accustomed.

Both the Securities Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA)[1] are charged with protecting investors by establishing rules to govern investment-related activities. Among those rules are requirements for firms on educating, monitoring, supervising, and document the activities of brokers representing their company. In January 2010, FINRA issued Regulatory Notice 10-06 titled Social Media Web Sites – Guidance on Blogs and Social Networking Web Sites. This notice did not prohibit firms from engaging in Social Media activity, but rather offered common-sense guidelines for investment firms on how Social Media tools could be used to meet FINRA and SEC requirements.

(End of Part I)

(Note: Part II will be posted by 5 PM PDT, Monday, May 23rd)

[1] FINRA is the largest independent regulator for all securities firms doing business in the United States. FINRA’s mission is to protect America’s investors by making sure the securities industry operates fairly and honestly. All told, FINRA oversees nearly 4,550 brokerage firms, about 163,500 branch offices and approximately 631,110 registered securities representatives. (From About FINRA at www.finra.org.)

(This article is advisory in nature and the author does not represent the Financial Industry Regulatory Authority (FINRA,) the Security and Exchange Commission (SEC), nor any federal or state regulatory authority. The opinion expressed should not be considered as a legal or official position regarding the use of Social Media tools in industry practices.  The author has sought out publicly available relevant documents and information as the basis for the opinions expressed; however, final authority on the issues discussed in this article rests with the appropriate government, regulatory, and/or company division that oversees the area of concern.)