Fitness aides seniors quality of life. This week on Your Financial Editor!

January 12th, 2012

 As we get older there are problems that arise that can impact the quality of life.  Join me this week to find out how a proper fitness regiment can help us live a productive and independent life throughout our middle-aged and senior years.

Join me this Saturday morning at 8am on AM 930 WFMD, or listen from your pc by logging onto WFMD’s website and click the listen live button.

About this week’s guest:

Melanie Cole, M.S. is an exercise physiologist and Director of Operations for Health Radio.

Investor Alert…Social Media and Investing: Avoiding Fraud

January 6th, 2012

The SEC issued an Investor Alert titled “Social Media and Investing: Avoiding Fraud” prepared by the Office of Investor Education and Advocacy.  The alert aims to help investors be better aware of fraudulent investment schemes that use social media, and provides tips for checking the backgrounds of advisors and brokers.

WELCOME 2012!

January 6th, 2012

Happy New Year! I hope you had a nice Christmas and New Year’s holiday! On a personal note, my hope and prayer for you is that your year will be filled with good health, increasing wealth and a strong family!

As far as the economy and financial markets go, 2012 won’t start off much different than where they ended. Unfortunately we still have the following issues right in front of our faces going into this new year:

1.  America has a huge pile of debt, some $15 trillion and the number grows higher.

2.  The Europeans seem to be frozen by indecision as their problems worsen.

3.  China’s actual economic stability and growth rate remain suspect.

4.  The Super Committee was a huge failure, and our prospects for reigning in government spending are dim.

5.  Unemployment continues to be extremely, and I might add, unacceptably too high

6.  The political battles are being planned for this election year…with the real losers (or should i say casualties) being the hard working silent majority in this great country.

Taking all of this into consideration you have a decision before you, a choice to be made.  You can either act or re-act when it comes to your personal situation.

On a different note, many of us have made New Year resolutions to improve our health this year. I thought you may enjoy the following article from the Wall Street Journal entitled “The 27 Rules for Conquering the Gym.”

A letter of warning to America. This week on Your Financial Editor.

December 14th, 2011

This week, my guest is Daniel Hannan, author of The New Road to Serfdom.  His book spells out the dangers and shows exactly why the American Constitution both deserves and needs protection from the new ruling class! 

Join me this Saturday morning at 8am on AM 930 WFMD, or listen from your pc by logging onto WFMD’s website and click the listen live button.

About this week’s guest:

Daniel Hannan is a conservative British member of the EU Parliament.  He was president of the Oxford Conservative Association and has been a columnist for the Daily Telegraph since 1996.  He was elected to the EU in 1999 at the age of 28 and has been twice reelected.

We are happy to again be the title sponsor for AM 930 WFMD’s annual “Christmas Cash for Kids” tradition.

November 29th, 2011

Please join us to support this worthy cause, and ensure that every child in Frederick has a joyous Christmas! 

Each year, WFMD works with the Salvation Army, a local Frederick bank, and many other businesses and organizations to raise money to provide Frederick children with a Christmas they would otherwise miss. Every dollar goes to directly to providing presents for the children – none of the money received is used for any overhead expenses.

Here’s what you can do at your place of business.  If you work at a retail business, put out a collection can and a poster in your storefront window.  Pass the hat in your company or come up with unique fund raisers, i.e. dress down days, funny hat days or whatever you come up with and have fun!  Call the WFMD offices at (301) 663-4181 for a poster or more information.  Click here to donate.

9/11 Memorial & Museum

November 18th, 2011

If you have the opportunity to visit the 9/11 Memorial/Museum in New York City, do so!  If not, make the

opportunity.  I had the privilege of touring the National September 11

North Tower Memorial Pool

Memorial, and the experience was indescribable!  The mixture of sadness and comfort you feel from the sights and sounds must be experienced in person to be fully felt and understood.  The memorial park is open 365 days a year and the new museum is planned to  open in the later part of 2012.

To find out more and reserve a free pass visit www.911memorial.org.

Idiots in the Park

November 18th, 2011

Yesterday I had a meeting in the financial district of New York City.  It just so happened that the office building where my meeting took place was right beside Zuccotti Park (the owner of the building also owns the park), where the Occupy Wall Street (OWS) protesters are based.  So, even though I had already been exposed to some of the riff raff the previous day when I was at the New York Stock Exchange, I couldn’t pass up the chance to walk over to the park and see first-hand what the “movement” is all about. 
Now, I have to admit that I have been following the protesters with moderate interest, however, once I arrived in New York, the subject was everywhere…front page of the newspapers, television news reports, radio reports, and of course seeing the protesters in person.  I am a strong supporter of free speech, and I assumed that the OWS folks would get their message together, have an organized agenda, rely on some intelligent, well-spoken representatives to convey that message, and move forward. 
Boy was I wrong!  The people I saw in Zuccotti Park and in other areas are just on an extended vacation and trying to stretch their 15 minutes of fame.  NYC Mayor Michael Bloomberg (who is a gutless, no-backbone billionaire), finally had the NYPD clear the park for sanitary reasons.  The protesters, along with their tents, sleeping bags, trash, etc. were booted from the park, to their extreme displeasure.  The filth and health hazards they created were so bad that water cannons had to be used to return the park area to acceptable conditions.  While conducting their cleaning, the NYC sanitation employees found drug paraphernalia (dozens of needle syringes), pipe weapons and other hazardous trash items.
When I walked over the park, a man was standing in the front line of the protesters holding a sign about equality.  I was OK with that, but then he opened his mouth and started shouting “ %&$#?! the sanitation workers…The NYC sanitation workers are scabs”!
And there it was, plain as day 10 feet away from me.  Some ignorant protester was cursing and demeaning a blue-collar worker for simply doing his job (and doing it well, I might add – the park looked great).  So what did this over-sized oaf (he looked like Shrek) want?  Was it to punish the so-called 1%?  Or, was it just his (their) insecurity and entitlement attitude that drove them to these protests looking for way to force the redistribution of income and wealth?
Can you imagine what this guy would do if offered the opportunity to handle any substantial amount of money?  I mean, if he won’t support the city worker who is doing his job (and cleaning up the protestors’ mess because they went to the bathroom in Zuccotti Park where they were ate and slept), why would we believe that he would give money to a church food pantry, a home for abused children, a water treatment project for a village in Africa?
They are the 99% all right…99% idiot!

“To Tell the Truth”.

November 18th, 2011

I’m a member of the New York chapter of the National Association of Business Economists.  A few days ago we had our monthly meeting for November at the Harvard Club in New York City.  Our guest speaker was Dr. Peter Orszag, who is currently the Vice Chairman of Global Banking at Citigroup.  Prior to accepting his position at Citigroup, he worked in the Clinton Administration and also served as a cabinet member for the Obama Administration.    His was the Director of the Office of Management and Budget from January 2009 until July 2010.

In between taking a couple of shots at economist, John Taylor (Mr. Taylor was on the short list to replace Alan Greenspan), Dr. Orszag admitted that the current administration has not focused enough on the U.S. housing sector.  His estimate is that there is some one million more homes in inventory than normal.  Obviously, that is a huge excess of inventory and will continue to have a negative impact on the U.S. economy unitl properly addressed.

Dr. Orszag also pointed out that private sector borrowing imploded in 2008, down some 45% from normal levels and has yet to return to normal.  He also said that even though the administration wanted $1.2 trillion instead of the $800 billion stimulus/spending package that was passed, the additional $400 billion would not have improved our economy at all.  Think about that…we were almost scared into another $400 billion of spending and the former Director of the Office of Management and Budget admitted that we wouldn’t be in any better shape!

Lastly, when asked about banks not lending, Dr. Orszag said that big companies are awash in money and have no problem getting loans, however, that is not the  case for small businesses.  He said small businesses continue to have problems securing loans because of the risk involved based on the economic and financial uncertainty that exists, and the difficulty of small businesses’ ability to function in the current environment.

It’s amazing what you can learn from a high-level politician once they are no longer a politician and all of the pork, payback, spending, etc they supported and helped pass is behind them.

The new science of personal success. This week on Your Financial Editor.

October 29th, 2011

Why is it that 95% of all diet attempts fail? Why do New Year’s Resolutions last no more than a few days? Why can’t people with good intentions seem to make consistent and positive strides in the way they want to improve their careers, financial fitness, physical fitness, and so on?

  My guest this week, Author Al Switzler’s, book Change Anything, reveals a stunning new approach to how individuals can not only change their lives for the better in the workplace, but also their lives away from the office, including (but not limited to) finding ways to improve one’s working relationship with others, one’s overall health, outlook on life, and so on.

Join me this Saturday morning at 8am on AM 930 WFMD, or listen from your pc by logging onto WFMD’s website and click the listen live button

About this week’s guest:

Business Communication Expert & New York Times Bestselling Author

In the past twenty-five years, Al Switzler has helped hundreds of organizations achieve measurable change with his broad knowledge of leadership, teamwork, quality, communication, management, and motivation. Co Founder of VitalSmarts, Al has researched methods for driving rapid sustainable and measurable change in behaviors.

Bestselling Author and Award-Winning Instructor
Al is coauthor of four New York Times bestsellers, Change Anything, Crucial Conversations, Crucial Confrontations, and Influencer.

In addition to authoring bestsellers, Al has served on the faculty of several universities including the University of Michigan, Brigham Young University, Auburn University, and the University of Kentucky. These institutions have recognized Al with awards for innovation and outstanding teaching.

Take on the “Big Boys” and win! This week on Your Financial Editor.

October 21st, 2011

“ When a giant is forced to face off against an upstart brand, there is virtually no upside in winning—but the downside is severe. The upstart, however, has nothing but upside. This asymmetrical game of chicken is ideal for the underdog.”   (from Killing Giants).  Join me this week, and find out exactly how this scenario plays out over and over in the business world.

Join me this Saturday morning at 8am on AM 930 WFMD, or listen from your pc by logging onto WFMD’s website and click the listen live button.

About this week’s guest:

Stephen Denny is a competitive strategy + marketing consultant, helping brands in technology, consumer products, clean energy and services define their competitive positioning, communication strategies and implementation plans in the market. He is the author of Killing Giants: 10 Strategies to Topple the Goliath In Your Industry (Portfolio US & Penguin UK).

Apart from writing and consulting, Denny is a frequent speaker at corporate events, industry conferences and graduate business schools on topics relating to competitive strategy and marketing. He holds multiple patents, has lived and worked in both the US and Japan, and has an MBA from the Wharton School.

Prior to consulting, he was a 20+ year senior marketing executive having managed the people, strategy and budgets at brand name technology companies like at Sony, Onstar, Iomega and Plantronics.  He lives just south of Santa Cruz, CA.