Archive for category commentary

Almeida Real Estate Hamburg, NY

Almeida realty book section 002

The Book “The 4 Routes To Entrepreneurial Success”

written by John B Miner

The book “The 4 Routes to Entrepreneurial Success” can be downloaded or read here for FREE at https://www.scribd.com/document/409302374/John-B-Miner-The-4-Routes-to-Entrepreneurial-Success-Berrett-Koehler-Publishers-1996-pdf

This book is being used by many colleges to teach business or as part of an MBA business degree. On pages 45 and 46 the author talks about Almeida Real Estate. My older brother and I were both Real Estate Brokers and an important part of the real estate community in Hamburg and western New York at the time. I have since moved my family to DFW Texas. Almeida Realty is mostly involved in real estate consulting and investments, I’m also CEO of World News US and an aspiring writer among other things. cj Almeida

cj World News US

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Putin “It’s not a bluff, you can trust me.”

by cj world news us

Vladimir Putin

 

Putin claims to have all these advanced super weapons; the cruise missile with a nuclear engine, as well as the publicly known RS-28 Sarmatinter continental ballistic missile (ICBM), the previously unacknowledged nuclear-tipped Avangard hyper-sonic boost-glide vehicle and Kanyon or Status-6 nuclear-armed unmanned undersea vehicle, a possibly dual-purpose nuclear and conventional air-launched hyper-sonic cruise missile called Kinzhal, and a short-range directed-energy system visually similar to the U.S. Navy’s own AN/SEQ-3 Laser Weapon System. Putin also claims he is building the most advanced aircraft carrier,  a new advanced submarine, new advanced stealth fighters and bombers, the most advanced tanks, the S-300, S-400, S-500, S-600 and S-700 missile defense system, Putin claims the S700 could shut down all air traffic in the world.

Russia’s economy can’t sustain the development of these various advanced weapon systems, Putin’s ambitious military plans will take 25 years or more. He faces continued sanctions, the global price of oil already forced the country to make significant cuts to defense spending in 2017. The fact is that Russia spends 60-70 billion a year on it’s defense budget and it is estimated that it would cost 5 trillion dollars to research, build, maintain and deploy all of these weapon systems.

Putin recently stated in reference to all his super weapons “It’s not a bluff, you can trust me.” It remains to be seen just how far Russia proceeds with the various projects. It’s reasonable to be more than skeptical that Russia has the resources, knowledge, advancements, money and ability to follow through with its plans. Russia used to be secretive about it’s military advancements and weapons but now they reveal everything on a regular basis. Putin should definitely be credited for his “gift of gab” and acting abilities, maybe he’s in the wrong line of work. Seriously look at the man and study his past, should anyone trust him or anything he says?

 

 

 

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Betting On Bitcoin (don’t)

CNN Business

Image result for bitcoin price fall past year

Everyone’s talking about cryptocurrencies, even if they don’t fully understand them. Some people are even investing in them. Joining the craze is only getting easier. Apps like RobinHood and exchanges like CoinBase make investing in bitcoin, ether and a dizzying number of other digital currencies as simple as pointing and clicking. Even banks and brokerages are cashing in.

Although some people get rich, many more do not. That’s because cryptocurrencies are so volatile that a chart of their value looks like an EKG printout. The price of bitcoin rose more than 2,000% in 2017 to a record $20,000, but by early 2018, it had fallen more than 50%. Bitcoin is now trading at just under 3,600.

The roller coaster nature arises from sudden changes in the perceived value of a given cryptocurrency. Although their prices are, like traditional stocks, determined by supply and demand, hype also plays a role. News coverage can influence prices, too. Any mention of someone hacking a cryptocurrency exchange sends prices plummeting, for example, while even the rumor of greater regulation reassures investors and drives up prices.

Adding to the uncertainty, the space is largely unregulated and bad actors abound. While companies face many regulatory hurdles before an initial public offering, launching an initial coin offering is much easier as the space is so unregulated. That makes it easy to place ill-fated investments in poorly conceived or dubious companies that haven’t been vetted, let alone required to meet any financial, accounting, or ethical standards. That leads some people to argue that no one truly invests in cryptocurrencies, they only speculate on it.

“Their only value is in the belief that someone later will pay more,” says Nicholas Weaver, a senior researcher at The International Computer Science Institute. None of this leaves people any less eager to bet on bitcoin and its ilk.

But anyone thinking of doing so should think twice. And perhaps think twice again.

https://www.cnn.com/2018/10/05/tech/cryptocurrency-bitcoin-explainer/index.html

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How to Make a Million after Age 70

Retire And Become A Millionaire After Age 70

Image result for millionaire

Just about all of us imagine the thrill of getting rich someday.

There is an almost universal appeal to the notion of having enough money to sit on a beach and sip tropical drinks, or to travel the world while leisurely crossing items on your “bucket list.”

Unfortunately, some of us dream a little too long. Then, we wake up one day to find we are 70, wondering where all that time — and money — has gone. If you are entering your 70s and have scant savings, you probably have packed up fantasies of great wealth. But is the dream really over? Andy Tilp, founder of Trillium Valley Financial Planning in Sherwood, Ore., says it is still possible to get rich late in life, “but not without a lot of work and sacrifice of time.”

Following are a few ideas for how to make a million after age 70.

How to make a million: Invest aggressively

In your 20s, you can invest dribs and drabs in the stock market and — through the wonders of compounding — become a millionaire by the time you retire. Unfortunately, that magic trick no longer works once you turn 70.

“The biggest challenge a 70-year-old has in getting rich is, obviously, time,” Tilp says. “The younger you start, the easier it is.”

To become rich after 70, you’ll need to invest a lot of money every month, and pray for good returns.

James Twining, founder of Financial Plan in Bellingham, Wash., has run the numbers. He figures a 70-year-old starting with nothing would need to invest $2,393 a month at an annually compounded rate of 10 percent per year to earn a cool $1 million by age 85.

More From Bankrate: Calculator: How long until you save $1 million?

“The equity markets have indeed returned an average of 10 percent per year since 1926,” he says. “So, it is not unreasonable.”

Older investors wishing to get rich sooner may be tempted to gamble on high-stakes stock picks. But such a strategy actually decreases the odds of success, Twining says. “The biggest challenge will be to resist the temptation to take risks by concentrating the portfolio — attempting to pick winners, or to time the market,” he says.

How to make a million: Start a business

Starting a business is one of the oldest and surest ways to build wealth. That may seem like a younger person’s game, and the energy and drive needed to make a business succeed should not be underestimated.

Still, a septuagenarian may actually have some advantages when starting a business, says George Middleton, investment manager and financial planner at Limoges Investment Management in Vancouver, Wash.

“He or she has accumulated 70 years of experience in something,” he says. “Explore what that something is that has value to others.”

More From Bankrate: Frugal retirees: Go ahead, spend your money

William Carrington, founder of Carrington Financial Planning in Arlington, Va., is another fan of starting a business late in life.

“The surest path to wealth is through business ownership,” he says.

Carrington agrees with Middleton that most people in their 70s have developed expertise in at least one area that is marketable. He says your human capital is the best asset you own.

“Investing and believing in ourselves gives us the best chance for financial success,” he says.

Not only can a business make people rich, but it also allows them to spread the wealth, he says.

“They could hire other senior citizens as part-time, inexpensive — and reliable — employees,” he says.

How to make a million: Delay Social Security

In the world of retirement savings, Social Security is like a loyal dog. Everything else may fail you, but good old Rover remains by your side. The way you tap Social Security payments can enhance your odds of becoming rich, says Barry Korb, president of Lighthouse Financial Planning in Potomac, Md.

“Many middle-class couples could accumulate $1 million if they delayed claiming their Social Security until age 70, and then saved and appropriately invested,” he says. Korb imagines a scenario where a couple, in which both people are age 66 and entitled to the maximum Social Security earnings, delays payments until age 70. That would result in an increase of 32 percent in payments — $845 per month for each person, or $1,690 for the couple.

If the couple takes that extra money, invests it in a Standard & Poor’s 500 index fund and averages a 7.84 percent return after taxes over the years, they would be millionaires by their 92nd birthday, he says.

More From Bankrate: Creating a happy retirement

Korb’s calculations do not account for Social Security inflation adjustments, meaning the couple could reach its goal sooner. His example illustrates the powerful financial benefit of waiting until age 70 to collect Social Security.

“What they are buying for that delay is a government-guaranteed inflation-adjusted annuity with effectively no risk,” he says.

How to make a million: Buy real estate

If you are of modest means and hope to get rich late in life, you need to make a lot of money relatively quickly.

“Given a short time horizon, the client’s advanced age and the lofty goal, he would have to be willing to take significant risk,” says Eric Toya, partner and director of wealth management at Navigoe, a financial planning firm in Redondo Beach, Calif.

One of the best — albeit riskiest — ways to boost returns is to use leverage. Traditionally, real estate has been the chief way people have used leverage to get rich in shorter periods of time.

For example, if you buy a $500,000 property with a 20 percent down payment, your investment is $100,000. If the property appreciates 5 percent in the first year, it will be worth $525,000 — a $25,000 gain, or a 25 percent return on your original investment.

However, Toya offers a word of caution to those who are determined to channel their inner Donald Trump.

“The risks are significant,” Toya says. “(The investor) might overpay for a property, or underestimate the amount of work a property needs to rent or flip.”

And as millions of Americans have discovered in recent years, a large decline in property values locally or nationwide can leave you underwater and staring at a large loss.

Forget about making a million

Of course, one question looms over this entire enterprise.

“Why is it so important to make $1 million in the first place?” asks Kenneth Robinson, founder of Practical Financial Planning in Cleveland.

Alan B. Ungar, president of Critical Capital Management in Westlake Village, Calif., believes that a quest to become a millionaire after age 70 is simply reckless.

“Get-rich schemes very rarely work,” he says. “Somebody who is 70 or older would be foolish to give it a try.”

Twining says it is possible that some 70-year-olds might want to get rich out of concern for the well-being of dependents they will leave behind. Otherwise, he says, it is rare to encounter older investors with such grandiose goals.

Any opinions expressed in this column are solely those of the author.

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Destination Colombia

by CNN

Colombia

Cartagena street scene, Colombia

Rainforest, savannah, steppes, deserts and mountains: Colombia has them all. From the golden sands of the Caribbean and Pacific coastlines, to the verdant hills of the Zona Cafetara coffee region, to the bustling urban centers of the Andean highlands, this is a country with a surprising diversity of landscapes, climates, wildlife and people. Bogotá, the third-highest capital city in the world, is the country’s vibrant center, but beyond that there is Medellin, named the “City of Eternal Spring” for its beautiful weather, the colonial architectural masterpiece that is Cartagena, and countless picturesque pueblos such as Santander’s Barichara and Antiquoia’s Guatapé.

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The Forex Trader

by cj world news us

Life of a currency day-trader, with 30 years experience.
His system: this is millions of $dollars worth of free advice.
I only trades one pair EUR/USD, get to know the pair in
your sleep, keep it simple the more complex the greater
your chances of losing your money.
Remember the 90/90/90 rule, (90% of the people lose 90% of
their money in 90 days) the truth is they lose 100% of their money.
They let you open accounts with $500, $1000, $5000 don’t be
stupid you have no chance, just send me the money at least
some good will come of it.
I trade on experience only, no charts, no trends, or experts
I follows general world news information, I’m a contrarian
by nature…you have to understand for a few  people to make
$millions many have to lose 10’s of $thousands.
You can’t start small if you don’y have $100k, earn and learn
until you have it, once you open a $100,000 account you only
trade $5-10K of it at first, if you can’t make money…put your
money in a mutual fund.
For example right this moment at 6:20 Dallas time 12/11/2018,
the market is flat no movement, seems the current opinion is
buy the dollar. I don’t care what happens tomorrow all I care
about is tonight before the NY market opens tomorrow morning,
I bought 2000 contract eur at 113.19
Notice my leverage is 1:100, I could be trading 1:400,  but I won’t
I don’t like the risk.
I don’t use stops, I use sound alerts sometimes, trade an hour
trade 6 but if you can’t watch your trades…don’t trade, remember
there is a market 5 days a week for 24 hours a day and it will be there
the rest of your life.

Finally there is nothing that can make you more money than currency trading…nothing comes even close.

OutlawTM forex twitter 002

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Forex Daily Cut-Off

DEFINITION of Daily Cut-Off

In the Forex market, the daily cut-off is a specified point in time set by a Forex dealer to stand as the end of the current trading day and the beginning of a new trading day. This is done for primarily administrative and logistical reasons, because although the Forex market trades 24 hours a day, the market and its intermediaries require a specified beginning and end to each trading day in order to record trade dates and define settlement periods.

BREAKING DOWN Daily Cut-Off

For example, let’s say a Forex dealer specified that the daily cut-off was 5:00 pm every day, and a trader placed two Forex trades on the evening of January 1 – one at 4:50 pm and another at 5:10 pm. Since the daily cut-off is 5:00 pm, the first trade would be booked as taking place on January 1, while the second would be recorded as a January 2 trade, since it took place after the daily cut-off.

The daily cut-off date is important in that it sets the value date for the specific trade. Because spot trades are settled T+2, the trade date is required. For example, in the scenario above, the trade done at 4:50 pm will have a settlement date of January 3, assuming January 2 and 3 are not weekends, and the trade done at 5:10 pm, will settle the following business day. So, despite the trades being just 20 minutes apart and on the same day they will settle on separate days.

Most currencies will have a daily cut-off of late afternoon eastern time. However, some emerging market currencies will cut-off earlier in the day, especially for those trades that are non deliverable.

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Iconic Buffalo Food

These 11 Iconic Foods In Buffalo Will Have Your Mouth Watering

Buffalo’s menu is diverse, with several unique favorites and new restaurants opening on the regular. While it’s nice to expand our horizons and try new cuisine, we’re always happy to stick to the classics. Here are eleven iconic foods that simply scream “Buffalo”:

Are you hungry yet? What are your favorite Buffalo foods to sink your teeth into?

Samantha Jo is a freelance copywriter, proofreader, and social media manager. In her spare time, Samantha enjoys drinking coffee, crafting, camping, blogging at kinandkindling.com, and sipping only the finest of boxed wines – not necessarily in that order.

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Meet Jacob Stump

It often happens that, despite a person’s being provided with good reasons to change her evaluative beliefs, she chooses not to do so. This event is recurrent in Plato’s dialogues, where Socrates is often depicted using reason and argument to try to convert his interlocutors to the life of philosophy, but where, just as often, his interlocutors are depicted as highly resistant. In my research, I investigate the implications of this for Platonic moral psychology and the task of moral education; and how, if at all, Plato thinks that such resistance can be overcome.

A central issue here—whether a person can rationally decide to become a new person—is one in which there has been a resurgence of interest lately in contemporary philosophy. Decision theorists such as L.A. Paul (2014) argue that, since one’s evaluative preferences radically change after becoming a new person, one’s current evaluative preferences can provide little, if any, guidance about whether to do so. In contrast, Agnes Callard (2018) argues that one can rationally choose to become a new person. On her view, transformation is the result of aspiration, an active process of coming to see clearly a value that at first one merely glimpses. What about for Plato? Answering this is important not only for giving historical depth to a contemporary issue of significant philosophical interest. It is important also for solving a longstanding problem of Platonic scholarship: why does Socrates, despite often wielding arguments that his interlocutors cannot refute, have so little success in convincing them to change their ways of life? Does Plato think that Socrates’ project of philosophical conversion is a lost cause—that reason is wholly ineffective at motivating someone to adopt new values?

On a widely held and highly influential view, that is precisely what Plato thinks. More specifically, scholars tend to hold that, for Plato, (i) reason alone is ineffective at improving people, in part because (ii) reason is incapable of overcoming the influence that one’s desires can have on one’s evaluative beliefs, and so (iii) Socrates’ project of philosophical conversion, in virtue of relying on reason to change a person’s evaluative beliefs, is tactically flawed.

This view on the relationship between Socrates’ project of conversion and Plato’s moral psychology has been predominant for the last several decades (in fact, it can be seen as tracing back to Nietzsche). Further, it provides a reason to suppose that there is a deep divide between Socrates and Plato: while Socrates thought that reason alone could reform a person’s values, Plato thought nothing of the sort. However, I think that it results from a profound misreading of Plato’s corpus. Most of my research aims at correcting that reading and, in its place, providing a full account of Socrates’ project of conversion, one that shows it not to be inconsistent with Plato’s moral psychology but rather, properly conceived, to be deeply informed by it.

What follows are abstracts of the papers that are my current focus.

* Ancient Greek & Roman Philosophy *

[Name Withheld to Preserve Blind Review] In this paper, I defend the viability of Socrates’ project of philosophical conversion against widespread scholarly skepticism. I argue that, for Plato, philosophical argument can be effective at causing a person to come to value wisdom the most, but not primarily in the way that one might expect—that is, not primarily by prompting someone to draw the conclusion that she must change her way of life, but rather by its causing her to have a non-rational experience, one that can be effective at reshaping her beliefs about how best to live.

[Name Withheld to Preserve Blind Review] In this paper, I consider the significance of Socrates’ remark in the Gorgias that it is Callicles’ eros that is the cause of his being unpersuaded to change his way of life. I argue that, far from a mere literary embellishment, Socrates’ remark points us to an often overlooked but highly important part of Plato’s moral psychology, in particular Plato’s conception of hot cognition. I then distinguish two kinds of eros for Plato—roughly, eros for pleasure, and eros for the good (alternatively phrased as appearance-based eros and reflection-based eros)—and I show that each kind causes a different type of hot cognition: the first a process of wishful thinking (i.e., holding a belief regardless of the evidence), the second a process of motivated reasoning (i.e., holding a belief based on evidence, but evidence that, due to one’s desire to hold the belief, one evaluates in self-serving ways). I argue that only motivated reasoning is a serious problem for Socrates’ project of using reason and argument to change his interlocutors belies about how best to live—and that, at the end of the day, this is good news: it means that Socrates can be successful.

[Name Withheld to Preserve Blind Review] In this paper, I argue for a Socratic method that is distinct in kind from refutation, unified by formal features, and far more effective at converting Socrates’ interlocutors to the life of philosophy than refutation is ever shown to be. I call it “Socratic exhortation.” I show that it is foremost an exercise in practical reason, one that consists of three stages: Socrates identifies the object of his interlocutor’s strongest desire (in particular, the object of his interlocutor’s eros); he then convinces the interlocutor that his current way of trying to satisfy that desire is ineffective; and, finally, he persuades the interlocutor that, to satisfy it, he must gain wisdom, and thus must do philosophy.

[Name Withheld to Preserve Blind Review] Is there a uniquely Platonic form of protreptic? Most scholars doubt it. In this paper, I argue that, on the contrary, there is a form of protreptic in Plato that is distinctive, and, further, that it is put into practice by Socrates’ exercise of his “erotic art.”

The Importance for Plato of What People Care About. In this paper, I analyze the notion of caring about or valuing (epimeleisthai) in Plato. One might think that, to count as valuing something, one needs only to believe that it is important. However, using texts from playwrights, rhetoricians, and philosophers of Classical Greece, I show that epimeleisthai was understood as requiring more: not only believing something is important, but, as a result, acting on behalf of it and attending to it. I then argue that Plato revises the notion so that it requires also having knowledge about what one purports to epimeleisthai, a requirement to which Socrates consistently appeals in refuting his interlocutors’ claims to care about things rightly.

Socratic Refutation and Epistemic Duties. In this paper, I consider why Socrates (or anyone else) would believe that refutation would be conducive to changing a person’s fundamental values in the first place. I argue that existing accounts fail to give a plausible explanation, and I provide a novel account that fares better. On my account, what Socrates refutes is an interlocutor’s claim to have fulfilled his role-based epistemic duty, i.e., a duty to know imparted by his social role, to know in particular what is required to perform that social role well. In doing so, he motivates them to do philosophy as a way of repairing their social status and self-esteem.

* Outside of Ancient Greek & Roman Philosophy *

Loving Animals and Eating Meat. One of the most promising alternatives to utilitarian-based and deontology-based thinking about animal welfare is found in Cora Diamond’s paper, “Eating Meat and Eating People,” where she argues that our tendency to view animals as fellow creatures is, in some significant sense, inconsistent with our tendency to use them as objects, e.g., to exploit their labor or raise them on factory farms. It is not obvious, however, why we should care about this inconsistency. In this paper, I supplement Diamond’s view with an argument for why this inconsistency should bother us—not because it is a mere inconsistency, I argue, but rather because in many cases it is a sign of willful moral blindness, and thus shows us to be self-deceivers.

Beauty and Aesthetic Merit: Two Currencies of Aesthetic Judgment. In this paper, I offer a solution to the longstanding tension in aesthetics between the theses that there are no principles of aesthetic judgment (popularly phrased as ‘beauty is in the eye of the beholder’) and that aesthetic judgments are genuine in the sense of being about objects in the external world. If that were true, then, contrary to the first thesis, we would expect there to be some principles that determine whether an aesthetic judgment is true or false; but that would conflict with the first thesis. I argue that both theses are equally plausible, and that the tension arises only if we cash out aesthetic value in one currency. In fact, I argue, there is ample reason to think that aesthetic value comes in two forms—aesthetic merit and beauty—and that, if we allow for this, the tension is resolved.

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I’m a Lecturer in the Philosophy Department at the University of Toronto and affiliated with its Collaborative Program in Ancient and Medieval Philosophy. I work on Ancient Greek & Roman Philosophy and Ethics.

In November 2017, I received my PhD from the University of Toronto, writing under the supervision of Rachel Barney, with Brad Inwood, James Allen, and Tom Hurka as readers. During my time in the PhD program I held a Connaught International Scholarship for doctoral work.

I did my undergraduate degree at Wabash College, a liberal arts college in Indiana, and before that I taught English in northern China.

You can find my CV here.

More information about my research and teaching is on my research page here and my teaching page here.

In my spare time, I like to return to what I first thought doing philosophy was, reading novels and poetry and watching films.

Contact: jacob.stump@mail.utoronto.ca
Department of Philosophy, University of Toronto
170 St. George Street, Toronto, ON M5R2M8

cj world news us

PS Just found it interesting

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Destination Ireland

by CNN

Cliffs of Moher (Clare): Perhaps Ireland's most famous attraction, the 214-meter-tall Cliffs of Moher attract around a million visitors each year. It's on the southwest edge of the Burren region.

Ireland

Whether you’re headed to Dublin, Belfast, Galway or Cork, as your plane flies over Ireland’s low, rolling hills and patchwork of green fields it’ll be clear to see why they call it the Emerald Isle. It’s the mild but temperamental climate that causes that lushness; you can see four seasons in one day here, even if three of them are winter. Here in the land of saints and scholars, visitors can explore the ancient sacred sites of Newgrange and Clonmacnoise, gaze upon the Book of Kells at Trinity College, or simply soak up the atmosphere in pubs that inspired writers from Flann O’Brien to Brendan Behan to James Joyce. And then there’s the glorious coastline: The Cliffs of Moher and the Giant’s Causeway may be the big-hitters, but there’s plenty more drama to unfold in the 2,500-kilometer Wild Atlantic Way tourism trail in the Republic and the Causeway Coastal Route in Northern Ireland.

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