We have added a new stock position to the Focus List.
Click the Focus List link to see the new stock position and the entire current Focus List.
The Cassandra Stock Selection Model Focus List spreadsheet and notes can be accessed by the links above. A good way to think about this spreadsheet is that it is a list of pre-screened and ranked stocks that are in raw data form and that can be “mined” by the user of the research.
Dr. Wendee was a judge at the UC Riverside Graduate Division GradSuccess Grad Slam 2017 event which was held at UC Riverside, April 17, 2017.
Grad Slam is an important professional development opportunity for UCR graduate students. It provides the graduate students a forum for developing their public speaking skills. The event also provides the community an opportunity to learn about the important projects in progress at UCR.
Dr. Wendee attended The National Due Diligence Alliance (TNDDA) investment banking conference, which was held March 10 – 12, 2017 in Houston, Texas. This is a conference held several times throughout the year for investment bankers and registered investment advisers to learn about new opportunities in the Alternative Investment asset classes. Please see our Alternative Investment asset class section of Book #4 for potential investment opportunities.
The Center for Global Research, a part of the School of Advanced Studies at the University of Phoenix, will be launching the FIVE research lab early next month.
The FIVE research lab – that is (Applied) Finance, (Enterprise) Value Creation, Investment, and Entrepreneurship Research Lab covers a wide range of topics in business, finance, investment, and entrepreneurship. While researching a wide range of business and finance topics, it has a focus on all areas of applied finance; all areas of enterprise and shareholder value creation; all areas of investment (securities, real estate, etc.); and all areas of entrepreneurship. In essence, all topical areas of business, finance, investment, and entrepreneurship are open for exploration by this group.
Now that we have begun the New Year, it is time to start thinking about some financial planning steps we can take to increase our wealth.
I wrote a short workbook on this subject entitled, Four Easy and Powerful Steps to Building Wealth. This workbook is available at no cost to anyone by signing up for the free membership to my website, the Intrinsic Value Wealth Report. The link for the workbook is: Four Easy and Powerful Steps to Building Wealth.
The four steps are as follows:
The workbook has many resources to help you get started on investing in the New Year. Go to the link and sign up to get more details on starting your wealth building program.
Additionally, I would suggest that people of any age start planning for retirement. A good first step is to use one of the many good retirement planning calculators available. The Intrinsic Value Wealth Report has one that can be accessed at Retirement Calculators. Also, look into using a retirement savings vehicle such as an Individual Retirement Account (IRA) or a 401(k) plan. Click Retirement Accounts for information on IRAs and 401(k) plans.
In the financial planning field, there is a concept known as paying yourself first. It is very simple and works this way. Each month, the first money that comes out of your paycheck should be to your own savings account or retirement planning account. After that, you can pay your bills, go on vacation, go out for dinner, buy your groceries, etc. Following this simple guidance will ensure that you will be setting aside some savings each month.
Couples should plan for savings and retirement, as well. As couples, it is critically important for you to be in agreement on your savings and investment plans. If you are not in agreement, it is unlikely that your savings and investment plan will ever get started. I have seen many couples fail in their financial goals over the years by not being in agreement and working together on their family financial planning.
Napoleon Hill said that if you can imagine something, you can achieve or create it. This applies to achieving your financial goals as well. Visualize what you are saving and investing for, whatever it might be – college for your children, vacation, retirement, and so forth. And most importantly, START NOW! Don’t wait. Procrastination never gets you to your goals. Furthermore, the power of compounding your investment returns needs as much time as you can give it for the maximum possible benefit from investing to be achieved. The longer you have to save and invest, the larger the potential returns you can achieve.
A new section, Dr. Wendee’s Economics Dashboard, has been added to Book #6 – Simple and Effective Economic Forecasting. The economics dashboard contains several key variables of macroeconomics and is presented so that one can gain a quick understanding of where the economy has been and where it may be going. The other sections of Book #6 go into much greater detail on where the economy has been and where it may be headed.
Dr. Wendee mentored at the Small Business and Entrepreneurship Startup Weekend event which was held at UC Irvine, November 18 – 20, 2016.
UCI Applied Innovation “The Cove” & The Vine OC partnered for the second Startup Weekend OC event this year. Orange County is at the heart of innovation and tech, where startups thrive and ideas flourish. Participants were surrounded for the weekend by mentors, judges, investors, and other smart and passionate people with the best tools and advice to help entrepreneurs succeed. In 54 hours straight, several businesses were formed and the participants were able to connect with many people & resources.
Dr. Wendee attended The National Due Diligence Alliance (TNDDA) investment banking conference, which was held November 11 – 13, 2016 in Atlanta, Georgia. This is a conference held several times throughout the year for investment bankers and registered investment advisers to learn about new opportunities in the Alternative Investment asset classes. Please see our Alternative Investment asset class section of Book #4 for potential investment opportunities.
All subscribers are invited to attend with Dr. Paul Wendee the Startup Weekend event November 18 -20, 2016. If you have a small business or entrepreneurial venture, or have ever wanted to explore starting one, this is the event for you!
Here is description of the event along with the registration details:
UCI Applied Innovation “The Cove” & The Vine OC will be partnering for the second Startup Weekend OC event this year. Join us in the OC at the heart of innovation and tech where startups thrive and ideas flourish. As a participant you will be surrounded by mentors, judges, investors, and other smart and passionate people with the best tools and advice to help your idea take off. In 54 hours straight, participants will create a business, become a founder, and connect with the right people & resources.
Don’t miss this great event and your opportunity to start your idea on a solid foundation.
Click Startup Weekend to learn more about Startup Weekends.
Date and Time
Fri, Nov 18, 2016, 6:00 PM –
Sun, Nov 20, 2016, 8:00 PM PST
Location
UCI Applied Innovation /The Vine OC
5141 California Avenue
Irvine, Ca 92697
You can register for the event and buy tickets at: Tickets
For questions, please contact Dr. Wendee at pwendee@pmwassoc.com or 949-246-1694 (mobile number – leave message or text).
BIO FOR DR. PAUL WENDEE (Dr. Wendee will be a mentor at this event).
PAUL M. WENDEE is the Department Chair of the Graduate School of Business and Management and the College of Arts and Sciences at the Orange Campus of Argosy University. He has been an investment banker, securities analyst, and private equity fund manager for 35 years. He is the Managing Director of Paul M. Wendee & Associates, LLC, a corporate finance, private equity, and management consulting firm. He is the creator and developer of value driver theory, which is a new way of understanding and strategically thinking about business. Dr. Wendee is a successful entrepreneur and management consultant and teaches courses in business, investments, economics, and finance to university students, MBA students, entrepreneurs, and business managers. Dr. Wendee also founded the Value Driver Institute and Research and Educational Expedition Programs (VDI/REEP), a non-profit organization with a mission to conduct research on enterprise value driver theory and the enterprise value creation process; and to take the business incubator concept to places in the world where business incubators are not commonly found, but where they are needed the most. He is also the publisher and editor of an investment newsletter, the Intrinsic Value Wealth Report, www.IVWealthReport.com.
Participants must make their own arrangements to attend and are responsible for their own expenses. If you should have any questions, please contact Dr. Wendee at pwendee@pmwassoc.com or 949-246-1694 (mobile number – leave message or text).
A short cartoon video introducing the wealth building strategy in Book #9, Four Easy and Powerful Steps To Building Wealth, has been added to the book. To view this short video on how to get started building wealth using the book, click Building Wealth in Four Steps.