Dow Hits 20,000+ For the First Time

Dow Hits 20,000+ For the First Time
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Written by Harveer Singh

Today the Dow Jones hit 20,000 points for the first time ever. To give you an understanding of how much it has gone up, its lowest point in recent history was on March 9th, 2009 at 6,626.94. Since that day the Dow has risen by 13,419.89 points, more than double its lowest point in 2009. The Dow has increased roughly 1,666 points since Donald Trump’s victory in November.

Yes, this is a historical day showing the increased confidence of the average investor in the economy. A bull Market! What is a Bull Market? It is when share prices are rising in the stock market and investors are buying. The opposite of this would be a Bear Market. A Bear Market is when share prices fall and investors start to sell (For more definitions, check out our post, the Startup Dictionary).

How has it gone so far up, breaking the 20,000 point? It seems as though the White House wants to take all of the credit. Kellyanne Conway certainly thinks it is due to President Trump when she recently tweeting “The Trump Effect.”

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I do not know what the real reason is and I do not plan on getting too far into politics. Anyone who personally knows me already knows where I stand. That being said, I know for sure that the only way the Dow would go up is if people are confidently buying.

What am I doing now that the Dow is at its record high? My strategy has always been to buy low and sell high. Therefore, I have been selling portions of my portfolio over the last week. That puts me against the grain I guess, but here is my reasoning:

The Dow is at the highest point it has EVER been. I am not sure where it will go from here as I do not have a crystal ball, but my thought is, what goes up must eventually come back down. This is why I started selling portions of my winning stocks.

What do you guys think about the Dow hitting its record high? Are you buying? Selling? Waiting and watching? Let us know in the comment section below!

Disclosure: The article above should not be used to make stock decisions. These are my thoughts and opinions and I can be wrong! Do your own homework and make your decisions based on research and facts, always.

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10 Ways To De-Stress

10 Ways To De-Stress
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Written by Harveer Singh

Life can be quite stressful and I think it is universally known that 2016 was one hell of a year no matter how you look at it. If you do not reduce your anxiety and stress, it can take its toll on your body and mind. Professionals of all fields feel it. Stress is a killer.

It is important to find ways to relax and clear your mind. So in this blog post, I am going to go over some of the tactics I use to de-stress.

Try to keep an open mind, as some of these suggestions may seem silly at first, that is until you actually need them.

 

Alleviate

  1. Work Up a Sweat: Go on long walks, to the gym, ride your bike, do an at-home workout (YouTube has good workout videos), do some stretches. The idea is to sweat out the stress.
  2. Meditation & Breathing: Breath slow and deep, close your eyes, and clear your mind.

How-To: During deep breathing exercises, close your eyes focus on your breath. Breathe in deep through your nose for 3 seconds, hold it for 2-3 seconds and exhale through your mouth slowly and repeat for a full minute. Do this whenever you can, but at least once a day.

There are some apps that go through different breathing exercises. I use the app breathe (clever name) on my iPhone.

  1. Massages: When you are stressed you sometimes tense your muscles and get stiff. This discomfort is going to work against you and stress you out more. You can also get at-home massages with the app Soothe: With the following code, you will receive $30 off your first massage: MHKON
  2. Think Positive: Stop being so negative. The more you think of negative things the more you will experience them. Even when you are feeling the worst, you have to try to think of the positive aspects of your life. Focus on what you are grateful for and picture yourself achieving your goals. Think positive and good things will start happening to you.

Distract

  1. Read a Book/Watch a Movie: Sometimes diving into a new world can get your mind off a stressful situation.
    1. Reading: Read something relevant to your business or something different altogether. Go with what you think will relax you most at the time. For good business book recommendations, check out my blog post Essential Business Reads.
    2. Audio (Audible & Podcasts): Listening to someone else’s voice can help calm you down. As far as podcasts go, there are so many different genres out there. Some of which relate to business, mystery, horror, movies, reviews, etc. My favourite non-business related podcast is the first season of Serial. The best motivational podcast I have heard is School of Greatness.
  2. Make Yourself Feel Closest To Home: Studies have shown that at times of great stress, one feels most safe when closest to “home.” Do things that relate to your youth. Things you liked to do when you were a child. Maybe go back and watch a childhood movie, play with Legos, do a puzzle, build a blanket fort, etc.
  3. Go on a weekend trip: Sometimes you just need to get away from it all. Look at local trips within a few hours driving distance. Book a hotel and just get away from it all.

Hotel Tonight: I use this app a lot. It allows you to book hotels up to a week in advance for pretty cheap! With this code, you will receive $25 off your first booking: HSINGH117

Blade: Go to the Hamptons in a helicopter. If you are a high roller/big baller, you can receive $100 off your first flight with this code: HarveerS71

Lyft & Uber: If you live under a rock and haven’t used lyft or uber before, you can use this code to get $10 off your first ride with Lyft: HARV3 and this code to get $15 off your first ride with Uberharveers7ue

  1. Cleaning & Organising: Sometimes focusing on tedious activities like cleaning and organising can help to distract you. Not to mention that a clean and organised environment can be relaxing.

Take Action

  1. Make Lists & Plan: Make lists. Today’s To Do list, This Week’s To Do List, This Month’s goals. Planning things out can seriously reduce stress. Procrastination is the killer and makes things SO MUCH worse when you are stressed and anxious. The only way to feel better at this point is to plan things out. It will make a complex situation seem simple.
  2. Get to Work: If you are procrastinating, it may just be helpful to get to work. If it is a lot of work that you need to get done that is stressing you out, pushing it off will only make it worse.

 

Alright, let’s enter 2017 relaxed and ready to rumble!

 

Mentioned Apps & Promotional Codes:

Audible: Look up their current promotions. They usually give the first month free.

Blade: Receive $100 off your first flight: HarveerS71

Breathe: This free app will help you meditate and focus on your breathing.

Hotel Tonight: Receive $25 off your first booking: HSINGH117

Lyft: Get $10 off your first ride: HARV3

Soothe: Receive $30 off your first massage: MHKON

Uber: Get $15 off your first ride: harveers7ue

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The Essence of Entrepreneurship

The Essence of Entrepreneurship

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Fostering Business Solutions, Inc.

By Antonette Hudak

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When you go to a coffee shop, movie theatre, boutique or restaurant. You normally aren’t thinking about what it takes to give you that experience. You arrive, pay, make your memories and might go back.

I just began working at a restaurant part-time. You begin to see what goes on behind the scenes of the establishment. The vision, preparation, and attention to detail that makes a customer want to come back.

There’s a quote that comes to mind, “A great entrepreneur gives people what they want before they ask for it.”

My experience on the first day was feeling welcomed. The restaurant opens at 5:30 pm and everyone is expected to get there by 4:30pm. The employees have a “family” meal together. Everyone talks and sits around a table together.

After the meal concludes, everyone gets together with the chef to try the specials. He explains every ingredient, where it comes from, and what the night’s dishes are. He talks about the sauces, nuts, spices and vegetables. The menu goes according to what’s in season. The chef buys the produce himself, usually from Amish Farmers in the area.  My job as a hostess is to call all the reservations for the next couple of days to confirm their bookings. I am to keep a log of cancellations and seating walk-ins. Each reservation is pre-set with a table, time, name, and how many people will be in the party. It’s also the hostess’s job to walk around and mark the status of each seated table and if they are on their appetizers, entrees, or desert.This is to keep the waiters up to date on what is going on so that they are always in the know.

Sometimes VIPS arrive that need extra attention and complimentary items like a bottle of wine. The mood is set with lighthearted music in the background. The environment is always alive.  Rustic at home feel, white brick walls. The chef inspects every dish because presentation counts before a customer is served.

Thinking of this business and how it all came together makes me realize how much work, vision, and details goes into it. A consumer needs reasons to pick a place.  Why would they have dinner here? Is it how aesthetically pleasing it is, the organic food, incredible service, good music, an opportunity to enjoy oneself or a mixture of them all?

It takes people, training, leadership and lots of planning.

This is what I believe is the essence of entrepreneurship. The essence of attracting a crowd. Attracting a certain clientele that expects a specific experience. It was all planned. However, the planning did not stop at the opening of the restaurant; it continued to grow, like all great businesses. Entrepreneurship takes artistry, creativity and planning. Perfecting your craft. With failure and experience. Continuously discovering with trial and error. Creating a brand the entrepreneur and consumers are passionate about. It doesn’t come overnight. It takes practice, failing, learning, and interchanging roles. Going into it for the right reasons and using practicality. Most importantly, organizing people and taking the time to properly train them.

As an aspiring entrepreneur. What to study can be your favorite coffee shop, restaurant, bar, film or business of interest. The memories and joy they gave you. Pay attention. With that said, in your own business, you can see what you can offer to the world. Service the world. Giving the customer what they want before they ask for it.

About the Author: 

Antonette Hudak is an entrepreneur working in the entertainment and hospitality industries. She is also a writer and actress. Some of her achievements include writing, directing, and acting in the play “How to Love A Drug Addict” which is now being created into a short film, “Failure isn’t something you should fear, it’s something to embrace” Published by Thought Catalog February 2016, and she is a Reservations Manager for the Nolitan Hotel, a luxury boutique hotel in New York City.

 

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