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Donald Trump’s Dream for America: Would it Become an Economic Nightmare or Paradise?

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Donald Trump’s Dream for America: Would it Become an Economic Nightmare?

No one can say that Donald Trump is not vocal about his vision for America.  Not only is he outspoken in public appearances, his website—donaldjtrump.com—contains multiple articles under the “positions” tab which reflect his unique worldview. 

If, however, Trump were allowed to live out his vision, what would the real-world results be?

Trump’s Self-Professed Views on Immigration (Displayed Prominently on His Website)
  • Immigration laws should protect workers.
  • The current policy protects wealthy businessmen over the average American.
  • Mexican immigrants bring crime into the country and steal jobs from honest Americans.
  • Substantial sums of money have been stolen by illegal aliens through public programs. (Trump suggests that footing the bill for the wall separating the U.S. and Mexico would be an appropriate repayment of these misappropriated funds).

What Trump Thinks His Immigration Policy Will Do

Trump supports policies which are aimed at deporting illegal aliens and requiring businesses to hire Americans first.  He says that his aim is to put much-needed jobs back in the hands of poor and struggling U.S. citizens.

What His Policies Will Actually Do

For better or for worse, certain industries rely heavily on immigrant labor.  Agriculture, in particular, would suffer, and food prices could skyrocket without immigrant labor.  Mr. Trump, I’m sure can negotiate with other countries on his immigration policy, and he certainly has the best in mind for Americans. This was evident when we stated “Mexico is killing us” and we’re losing in the labor market. His goal is to employ more Americans by removing illegals from the country that are stealing American job opportunities, but the way he goes about doing that is a fine line. 

Even if Donald Compromises, just enforcing immigration law as it stands would be prohibitively costly. The American Action Forum estimates federal government costs of up to $600 billion to implement the law, accompanied by 11 million lost workers and a reduction of $1.6 trillion to the real GDP.  They also estimate the time frame involved to be 20 years.

Trump plans on building a wall between the US and Mexican border. The costs to implement this are extreme. As a contrast, the Berlin wall cost $25 million dollars or $200 million in today’s money. It was only 96 miles long.

The wall Trump wants to build is 2000 miles long. This sets the cost right around 2.4 Billion dollars. 

If he doesn’t want the American tax payer to fund this, he will need to put on his negotiating boots after former Mexican President Vicente Fox stated “I’m not paying for the f*&^ing wall!”

Clearly, immigration policy is not a simple task Mr. Trump has to take on.

Speaking of Foreign Policy, Donald Trump Feels that China Has Been Walking All Over America

Donald Trump makes it no secret that he knows that China manipulates its currency.  He also worries that China will use America’s debt to blackmail her.  He feels that it is time that China be forced to renegotiate its trade with America.

What Trump Thinks His Policies in Reaction to China Will Do

  • Bring jobs back onshore by lowering the American corporate interest rate to 15%–which is lower than China’s current rate—and imposing a 45% tariff on Chinese imports.
  • Eliminate the possibility of blackmail by reducing America’s debt and the deficit.
  • Bring China to heel by making a show of deploying armed forces in Asia.

What Trump’s Policies Will Actually Do

Those tariffs are likely to be passed straight on to the American consumer.  Furthermore, an analysis done by Moody’s Analytics for the Washington Post suggests that China would not be the only one to suffer.  Their economy would be wounded, but so would the United States’ economy.

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Donald’s Position on Taxes

Mr. Trump believes that as far as taxes go, less is more.  His plan involves no taxes at all below a certain cut-off: $25,000 yearly-income singly or $50,000 yearly-income jointly.  It would also cap corporate taxes at 15% of the business’s income.

What Trump Believes His Policy Will Do

He believes that it would seriously grow the economy, and for once the man may be right.  The Tax Foundation predicts that the tax cuts would lead to 29% growth in capital stock, 5.3 million jobs, 6.5% higher wages and an 11% higher GDP.

Donald Trump on Healthcare:

On his website, Donald Trump’s very first healthcare item is NO MORE OBAMACARE.  He also feels that citizens should be able to purchase healthcare across state lines.  His reasoning is that it will lead to better market competition between plans and companies.

Along the same lines, he wishes to make it legal to buy medication from overseas.

What Trump Believes His Plan Will Do

Increase competition between providers—possibly lowering rates and providing better service in the process.

What His Plan Will Actually Do

The 11.3 million people that HHS said were signed up for Obamacare as of January 2016 will lose their coverage. Then they will be able to seek competitive rates in the free market.

The Return of the American Dream—or a Nightmare Waiting to Happen?

It cannot be argued that Donald Trump is a highly colorful individual.  His speech is blunt, and he regularly airs sentiments that shock and appall both the rest of the world and a significant portion of Americans. However, there’s a large portion of Americans that can relate to this and his position in the polls against Hillary right now are competitive.

Nevertheless, his bid for the presidency has become a very real thing.  The time is coming soon when U.S. citizens will have to decide what kind of future they want—and what sort of person they want representing them to the rest of the world.

 

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Business

21 Stocks Everyone Should be Watching in 2020

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Best Stocks in 2019

Interested in what stocks to look out for this year? Then you’ll love this list of the best stocks in 2019.

But before we get started, remember the most important advice when it comes to investing in stocks: the wisest way to invest is to use a stock index fund.

These funds purchase multiple stocks and spread risk appropriately across the top companies. This is the advice of Warren Buffett, who once said,

“By periodically investing in an index fund, for example, the know-nothing investor can actually outperform most investment professionals.”

If you’re looking for a stock index fund, check out Vanguard’s 500 Index Fund.

With that aside, here are the most promising stocks in 2019:

1. Chipotle Mexican Grill

Chipotle is an international chain of restaurants specializing in tacos, burritos, and other Mexican style cuisines. They have establishments all over the world from the United States to Germany and France.

This beloved food joint performed very well in the first two quarters of 2019 and are expected to continue to grow.

P/E ratio as of August 2019: 87.81

2. Constellation Brands, Inc.

Constellation is an international beer and wine producer. They are the largest importer of beer in the United States and command 7.4% of the market share.

P/E ratio as of August 2019: 17.00

3. Lululemon Athletica

Lululemon Athletica creates athletic apparel such as performance shirts, shorts, and pants, as well as yoga accessories. They’ve built a brand over the years that millions recognize and love.

P/E ratio as of August 2019: 47.51

4. Coty Inc.

Coty Incorporated is a multinational company that specializes in beauty products and services such as cosmetics, fragrances, skincare, and nail care.

Coty owns over 70 brands, such as CoverGirl, Clairol, and Bourjois. In 2018, the company’s revenue was over $9.4 billion.

As of August 2019, Coty Inc. stock is valued at 10.42 USD. Their P/E ratio is not yet available.

5. Anadarko Petroleum Corporation

Anadarko is in the natural gas and petroleum industry. This entails everything from gathering resources to treating and transporting gas. The company is also in the hard mineral business.

In early 2019, Anadarko had an estimated 1.47 billion barrels of oil in reserve, making it one of the biggest players in the industry.

As of August 2019, Anadarko’s stock is valued at 73.48 USD. Their P/E ratio is not available yet.

6. Brookfield Infrastructure Partners L.P.

Brookfield Infrastructure Partners acquires and manages infrastructure assets all over the world. They specialize in utilities, energy, and transportation infrastructure.

The company invests in ports, toll roads, pipelines, and telecommunication lines. In other words, things that people will always need and use.

P/E ratio as of August 2019: 75.27

7. ONEOK Inc.

ONEOK (pronounced “one – oak”) Incorporated is in the natural gas industry and is a key leader in the gathering, storing, processing, and transporting natural gas in the United States.

P/E ratio as of August 2019: 22.62
TerraForm Power Inc.
TerraForm Power specializes in renewable energy, particularly solar and wind power. There is an ever-growing trend that demands less damage to the environment.

As the world values green innovations, companies like TerraForm are expected to be favored in the coming years.

P/E ratio as of August 2019: 227.44

8. Netflix

Netflix is a service provider and production company with their main product being a subscription-based streaming service.

Streaming TV and movies have largely replaced traditional television. With no commercials and instant access to thousands of products, Netflix is suspected to continue to grow.

P/E ratio as of August 2019: 120.23

9. iRobot

iRobot is an advanced technology company that specializes in military and domestic robots. They designed the Roomba, which is an autonomous vacuum cleaner.

The U.S. military has purchased and uses thousands of robots from iRobot and are contracted to make more.

P/E ratio as of August 2019: 22.24

10. Amazon

Amazon is a multinational company that specializes in e-commerce and cloud computing. It’s considered one of the big four technology companies along with Apple, Google (Alphabet, Inc.), and Facebook.

Amazon is well known for distributing goods through technological innovation and on a massive scale. Some estimate that Amazon commands 50% of all goods sold online.

P/E ratio as of August 2019: 73.65

11. Apple Inc.

Apple is a multinational tech company that develops and sells computer software, electronics, and online services. They designed some of the world’s greatest tech products including the iPhone and Apple Watch.

Being a leader in tech devices, many analysts believe Apple is one of the most promising stocks to invest in.

P/E ratio as of August 2019: 16.61

12. Alphabet Inc.

Alphabet Inc. is a multinational conglomerate founded in 2015. It’s the parent company of Google, which is the dominating search engine on the internet.

Google performs 90% of all searches on the internet. Alphabet has additional subsidiaries such as Calico, Capital G, and Deep Mind.

These subsidiaries have their hands in industries such as autonomous cars, biotechnology, video game software, and internet tech.

P/E ratio as of August 2019: 23.87

13. Facebook Inc.

Facebook is the popular American social media site founded by Mark Zuckerberg. In 2018, Facebook had a net income of $22.11 billion and its total assets were $97.33 billion.

Facebook has subsidiaries such as Instagram and WhatsApp, which are also very popular social media outlets.

P/E ratio as of August 2019: 31.00

14. MarketAxess Holdings Inc.

MarketAxess is an international company that specializes in financial technology, also known as fintech.

They operate an electronic trading platform for various credit markets such as corporate bonds and income products.

P/E ratio as of August 2019: 70.82

15. AT&T Inc.

AT&T is a multinational conglomerate holding company and is the world’s largest company in telecommunications.

AT&T is the parent company of Warren Media, which makes it the largest entertainment company in the world in terms of revenue.

P/E ratio as of August 2019: 14.17

16. Verizon Communications Inc.

Verizon is a multinational telecommunications conglomerate. They are well known for their subsidiary Verizon Wireless, which is its mobile network.

Together with AT&T, these two companies dominate the mobile and landline market. Since our needs for communications will develop, these two stocks are poised to grow.

P/E ratio as of August 2019: 14.49

17. Axon Enterprise Inc.

Axon Enterprise Inc. is a U.S.-based company that develops weapon products and technology for civilians and law enforcement. This company developed the Taser, a line of electric shock weapons.

Since then, Axon developed other technologies including body cameras and a cloud-based management system that empowers police departments to manage and review evidence.

P/E ratio as of August 2019: 129.55

18. Intuitive Surgical Inc.

Intuitive Surgical Inc. develops and manufactures surgical equipment to make surgeries less invasive. As of 2017, they had 4,271 bases worldwide.

P/E ratio as of August 2019: 48.51

19. Ford Motor Company

Despite the localized recession in Detroit, the automotive giant is doing very well.

The market continues to demand their SUVs and commercial vehicles, not to mention their luxury vehicles, which are usually created under their Lincoln brand.

P/E ratio as of August 2019: 16.90

20. General Motors Company

General Motors is a multinational manufacturer of vehicles and own automotive brands like Buick, GMC, Cadillac, and Chevrolet. They have nearly 400 facilities on six different continents.

P/E ratio as of August 2019: 6.19

Conclusion

Let’s point out two trends from this list:

  • Tech and software companies are dominating
  • Utility-related companies are tried and true

About half of the world still doesn’t have internet access. And a large portion still doesn’t have access to common devices like cell phones and laptops. That means these industries are set up to grow significantly for years to come.

Of course, that doesn’t mean other industries will simply disappear. As you’ve seen in the list, there are still key industries that our society relies on, such as energy and infrastructure companies.

Some of the most promising stocks are in tech and software, such as Apple, Facebook, Google, and Amazon.

Nevertheless, the wisest investment is still a stock index fund, which bets on the collective market rather than individual companies.

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Entrepreneurship

5 Mistakes You Could Be Making In Your Small Business

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Are business owners reluctant to say they have made mistakes in their small business? If you are making these 5 mistakes you can easily not be taking advantage to save time, money and also might be holding yourself back from serious improvement.

It’s one thing to be in the niche of technology with new headsets, and new software every time Apple or Google sneezes. But, what is really important? Productivity and giving employees the tools they need to be successful at their job. Also laying the groundwork for successful workplace, and keeping up with the times, with aspects, so you’re not a one-man show.

Today everything is so automated, from marketing automation, to CRM and Customer service automation. Right now the big trends are so popular. “The one size fits all,” when salesmen try and sell you new software, seems to lack the care, details, and differences, that small businesses face, and they seem like the most logical answer.

Small business is definitely a pre-structured environment, that owners have control of.

Here are 5 Practical Guidelines for Small Business Owners today.

INFRGRAPHICS

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Business

4 Mistakes No CEO Should Ever Make

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4 Mistakes a CEO Can Make

CEOs are busy and under a lot of pressure to perform well. If there’s anything wrong with the business, some of the blame will fall on the CEO.

With all that stress, it’s easy to make mistakes. This is a list of mistakes that a CEO can make.

1. Neglecting The Team

For a company to succeed, the members of that company need to be mentally and emotionally supported. In many ways, the CEO doesn’t run the company – the team does. And the CEO runs the team.

CEOs are busy and under a lot of stress, and sometimes they don’t provide the in-house care their company needs to succeed. One of the chief examples is not paying employees what they deserve.

If there’s a hard worker who isn’t getting paid well, that’s a recipe for bitterness and discouragement. That person is likely to quit, and may even go to a competitor.

Another key to taking care of employees is to consistently remove roadblocks to their work. If a CEO keeps making their workload easier, the team will grow to appreciate and trust their CEO.

2. Avoiding Feedback

This is a huge mistake CEOs fall into. Simply not asking for feedback on their performance or before making a decision.

There are a few reasons why a CEO might avoid feedback. They can neglect seeking feedback because they’re busy and just forget to do it. But if the CEO doesn’t see the importance of feedback or hates receiving it, they’re setting themselves up for failure.

Everyone, including CEOs, has blind spots and a need to learn and grow. They should routinely ask their boards for feedback and take advantage of counsel when it’s available. Good CEOs learn to ask professionals for advice, whether it’s from in-house or outsourced experts.

3. Bottlenecking Important Decisions

Bottlenecking important decisions is when a CEO insists that every important decision goes through them.

It’s understandable that a CEO wants to make all of the important decisions. There’s a lot of pressure on the CEO to keep mistakes to a minimum. Whether fair or not, a lot of fault falls onto the CEO if anything goes wrong.

It’s kind of like letting your teen drive your car for the first time.

However, there are two big reasons why this is a trap. One, this isn’t an efficient way to run a company. There are too many important decisions to make and if a CEO tries to make all of them, sooner or later they will experience mental overload.

The second reason is that CEOs are not always the best person qualified to make a decision. On many occasions, there is someone else in the organization who’s more qualified to make that decision.

For example, if the company is choosing a new country to build in, let someone who understands international law make that decision.

4. Picking A Favorite Coworker

You don’t have to be part of a company to know the damage this can cause. Ever see a parent favor a child over another? Or see a coach favor a particular player? It just demoralizes others.

Like all humans, CEOs want to connect with people and make friends. But they need to be careful they’re not playing favorites. If the CEO attends multiple conferences with the same person, the rest of the company may get the idea that they don’t matter as much.

Obviously, a CEO can’t be close friends with radically every single employee. But they should make an effort to maintain an equal relationship with the ones they’re close to.

Business Is About Adapting

CEOs will make mistakes, but the worst one is not learning from their errors. The chief lesson here is one we often come back to in the business world – keep adapting.

If a CEO is making one of the mistakes listed here, it’s time to change their ways. Like all workers, CEOs are growing, maturing, and evolving. Sometimes it takes time and sometimes it takes effort.

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