Portland Community

Daniel Jaeger

Member since: Jan 26, 2007
Last activity: 3 weeks ago

  • Chad - I find your comment interesting. Assuming the business is a nail salon, the name at least says what the business is - that's not so bad.

    Another consideration would be how the name is perceived by the businesses target audience; still assuming it is a nail salon, I'm wondering how much time (and money) you sped at nail salons? ;)

    Posted Jul 17, 2008 10 Tips for Naming Your Company, Product, or Service by Christopher Johnson
  • "reasonably short", "associated with an available domain name" - ay, there's the rub. Meaningful domain names are becoming increasingly harder to find. I'm wondering if anybody else had the experience that the first ten good (and not just the first ten) names they came up with weren't available as a domain anymore?

    Posted Jul 17, 2008 10 Tips for Naming Your Company, Product, or Service by Christopher Johnson
  • One thing to keep in mind is that changes in currency exchange rates fluctuate and the dollar is unlikely to remain that low forever (what's your time horizon for investment?)

    I'm considering investing in Berkshire Hathaway shares (brk.a and brk.b) right now (Essentially Warren Buffets enterprise). They invest in long term businesses and most of their investments are global so they're little affected by exchange rates.

    There is also a number of global funds that you can invest in that are largely immune to that as well because the investment is spread across different countries i.e. currencies.

    One of my favorite statements / advice from Warren Buffet is that he never invests in something he doesn't understand.

    That means if you really understand how for example the gold market works, you might be able to make a lot of money speculating on that. You could also loose a lot of money if you don't.

    The same goes for foreign currencies. You also need to be able to purchase and sell depending on the market which means that you need money at your disposal that you don't need otherwise. There's nothing worse than having to pull out of a bearish market because you need $20k to fix your roof only to see the market go up a year or two later.

    As a long term investment historically the return on on gold has roughly been equal to inflation. It's probably the most secure form of investment but the return in real value over the long term is zero.

    Posted Nov 29, 2007 Currency/Savings Investement Group? a conversation started by Andrew Friedman
  • I just got a similar invite from a "style consultant". I haven't taken any action yet since I honestly wasn't sure what the right thing to do was.

    But I do feel the same way, I don't want to add people to my network that I have no connection whatsoever with. I'm going to decline the invite that I got as well.

    And I agree with the idea of flagging people. As biznik grows bigger, there will likely be more people who are basically "spamming" others with requests. If somebody keeps behaving that way the community should have some way of preventing them of doing that.

    Posted Jul 18, 2007 Invitations to network -- when to accept, when to decline a conversation started by Karen Anderson