Wednesday, November 12, 2008

Random Thoughts, Comments & Quips On FaceBook

Seema Kalia wants volunteers who want to answer my 6 yr olds Q's on any of the following: Evolution, War, God's absence in the face of poverty and Civil Rights. Anyone?
35 seconds ago - 1 Comment

Imran Anwar at 10:51pm November 12
I can't answer but can tell you who can best answer:

Evolution: Sarah Palin
War: George W. Bush
God's absence in the face of poverty: Prada wearing Pope
Civil Rights: Any millionaire basketball player.

Hope that helps.

Imran

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Ziana Bethune is thanking God for the wisdom to accept that which she cannot change, and the power to change that which she can...and for the gift of great friends.
15 minutes ago - 1 Comment

Imran Anwar at 10:52pm November 12
God said "You're welcome." According to George Bush, coz God doesn't call me directly.

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Ninelle Efremova is excited to see a sky completely covered in stars. prettttyyy.
42 minutes ago - 1 Comment

Imran Anwar at 10:54pm November 12
A full moon here was making stars less visible but a short while ago I was enjoying looking at Orion's Belt. Good thing stars are not like men, or that waist would be expanding. Wait a second, the universe is expanding. Does that mean Orion's belt and waist are also expanding. OK, I give up. Back to seeing stars. LOL

Imran
http://www.flickr.com/photos/imrananwar/sets/

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Malcolm Lawrence Begich leads Stevens by 3 votes with 10,000 ballots to be counted.
about an hour ago - 1 Comment

Imran Anwar at 9:37pm November 12
WOW. That's close. Can't believe Alaskans want a crook to keep representing them. Explains a lot

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Malcolm Lawrence So satisfying to see "free marketers" try to fix YOUR mess with socialistic remedies before "socialist" Obama even starts his term. D'oh!
about an hour ago - 1 Comment

Imran Anwar at 9:37pm November 12
Yes, and making it worse by mucking up even the bailout. Is there a bailout possible for bailouts?

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Steven Alexander : Can President-Elect Obama govern the way he Campaigned?
about an hour ago - 5 Comments

Imran Anwar at 9:38pm November 12
I just saw in my Inbox but didn't read yet an article (summary appeared to be suggesting he ran a No Drama campaign but to get people to do their best he may want to mix things up.)

Jose Outtellect Guzman III at 9:40pm November 12
Obama will do whatever illuminati tells him to.

Steven Alexander at 9:43pm November 12
"illuminati"?

Jose Outtellect Guzman III at 9:48pm November 12
Illuminati it's in the dictionary. Small group of wealthy individuals. Who own all the land, oil, gold, knowledge, information, corporations, media,resources, etc. Your rockefellers, buffets, murdochs,gates, etc.

Imran Anwar at 9:49pm November 12
I think supporters of current "administration" and Bush and Palin-2012 want dark forces (like Cheney), voices in the President's head (preferably Jesus now starts calling next Republican instead of Bush), and obliterati (bomb anyone to divert attention from domestic issues).

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Miles O'Brien On the US-285 btwn Roswell and Albiquirky. Road flat and straight speedometer reads 90. Cell service spotty. Stars about to emerge.
2 hours ago - 8 Comments

Lisa Farrell at 8:45pm November 12
are you texting while driving 90?
Show 6 more comments...

Imran Anwar at 9:40pm November 12
Be careful, if you see large shiny object hovering in the sky - it may be Sarah Palin's halo.

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Stephanie Green is disturbingly disorganized, and thinks Melissa Ethridge is a bad-ass. Power to the gays!
2 hours ago - 1 Comment

Imran Anwar at 9:40pm November 12
Maybe she has a constant craving to be organized. LOL

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Harry McCracken Four words: WebEx on a Phone: http://tinyurl.com/59yltz.
2 hours ago - 1 Comment

Imran Anwar at 9:43pm November 12
Even better, 2 words - "WebEx iPhone" LOL

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Malcolm Lawrence Gee, Detroit, maybe its time to start making Green cars and finally dealing with your labor costs mess. Immediately. Come on, get crackin'!
6 hours ago - Comment

Imran Anwar at 11:09pm November 12
Not until they get rid of the cancer of unions (which enable people barely qualified to flip burgers to make $100K) they can't be saved and I don't want my tax money going to bail them out.

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Imran nytimesbusiness reports Glass Makers Fined $1.6 Billion for Price Fixing. High fine breaks glass ceiling? Glass half empty now? Cracks me up.via Twitter - 5:24pm - 5 Comments

Ziana Bethune at 5:47pm November 12
ROFLMAO! Cracks you up, Imran? Oh, God...maybe I'm twisted but I love your puns. lol!

Imran Anwar at 8:22pm November 12
Thanks, Ziana. It's CLEAR to me that you can SEE THROUGH my humor. LOL. Of course, I enjoy your POURING on the compliments into my JUG sized ears - hopefully without my getting GLASSY-EYED. I know you are TWISTED. But, are you twisted enough to want to be the PRETZEL that a certain President choked on? LOL.

Ziana Bethune at 8:55pm November 12
ROFLMAO! Uh...maybe I'm twisted enough to be the President that the pretzel fell prey to. lol. :) If you're nuts enough to prey to pretzels, that is. *Groan.*

Seema Kalia at 10:17pm November 12
GAWD. This is so transparent.

Imran Anwar at 10:48pm November 12
I can see clearly now.

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From Frank:
re: Redistribution of wealth in simple terms

Give it some SERIOUS thought! Not far off.

Today on my way to lunch I passed a homeless guy with
a sign that read 'Vote Obama, I need the money.' I laughed.

Once in the restaurant my server had on a 'Obama 08' tie,

again I laughed as he had given away his political
preference--just imagine the coincidence.

When the bill came I decided not to tip the server and
explained to him that I was exploring the Obama redistribution

of wealth concept. He stood there in disbelief while I told him

that I was going to redistribute his tip to someone who
I deemed more in need--the homeless guy outside. The
server angrily stormed from my sight.

I went outside, gave the homeless guy $10 and told him to
thank the server inside as I've decided he could use the
money more. The homeless guy was grateful.

At the end of my rather unscientific redistribution experiment I
realized the homeless guy was grateful for the money he did not

earn, but the waiter was pretty angry that I gave away the money

he did earn even though the actual recipient deserved money more.

I guess redistribution of wealth is an easier thing to swallow in
concept than in practical application.

OR IS IT...REDISTRIBUTION OF SOMEONE ELSE'S
WEALTH IS A GREAT IDEA.....



Imran Anwar
November 4 at 1:14am
Frank, I am no Democrat, supported McCain in 2000 and proudly voted Obama in 2008. I am hoping my fellow Americans will vote to make history tomorrow. McCain's already history unless my countrymen are racist at heart and give false info to pollsters.

Imran


Frank Profeta
November 4 at 10:29am
Imran
There is much more at stake than the Presidency, don't forget about the supreme court, appx 2-3 justices. I just woke up, I'm our in Phoenix for another week. Weather is great out here.
Frank
Sent via Facebook Mobile


Imran Anwar
November 4 at 6:04pm
Like anyone could get bigger crooked judges like Roberts that Bush shoved in there. Enjoy Phoenix. My condolences (I hope ;-) ) to McCain. Weather cloudy in DC. I'll be here another couple of days.

Be safe.

Imran



Imran Anwar
November 5 at 1:50am
I'm glad the rednecks racists bigots Bush lovers were defeated by great Americans. Looking forward to people staying engaged in politics and elections n throwing Dems out if they do bad things.

Bush now officially the used toilet paper of American history.
Sent via Facebook Mobile


Frank Profeta
November 5 at 8:55am
Imran
I wouldn't call McCain supporters, "rednecks racists bigots Bush lovers," we are all great Americans and participated in a very intense campaign for many months. This kind of talk is what divides America, not unites America. You might want to reconsider your comments.


Imran Anwar
November 5 at 12:35pm
Hahaha, Frank. Really - now as losers even the bigots and racists and other regular Republicans like you yourself are all great Americans but your beloved Sarah Palin said Obama supporters were not real Americans or America loving. LOL

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Friday, October 17, 2008

Profit From The Meltdown: Part 1 - As The World Averts Financial Disaster

Profit From The Meltdown:

Part 1 - As The World Averts Financial Disaster

By Imran Anwar

As I sit writing these lines in New York, on this October day, fall weather is upon us. The view outside my window is a curious mixture of an early (native) "Indian Summer", as well as autumn. Much of the shrubbery in my backyard nature preserve has already turned red, with some shades of green and orange adding a magical glow in the reflected light of the setting sun. A few trees have changed color to shades of golden and red, though most have simply taken the dreary shortcut to demise and desolation - from bright, shiny, green to dull, dry and dead - their leaves falling off at the slightest breeze. A chill is in the air at night, and careless people, or countries, can catch cold.
At this stage in history, as America is sneezing, the rest of the world is catching flu this time. Pakistan is facing an economic pneumonia on top of that. Once again "mareez ko dawa kay saath saath dua kee bhee zaroorat hai". ("The patient needs medicine alongside lots of prayers"). In this case, whether Pakistanis get "ilm" (knowledge) from China or not, we are desperately seeking economic medicine (read Cash) from China. Ironically, in this Pakistan is not alone. Facing the winter of (voter) discontent, and an economy shedding more jobs than a tree in New England, America is facing its own economic autumn, and looking for a Chinese ((Spring) Roll?) dough! {Sorry for the triple bad pun!}.

It is interesting how the weather in the Northeast (of America) right now is symbolic of the state of the United States of America - as a nation, as a global superpower, and as a nation whose economy is still facing serious meltdown. Of course, the United States is not alone, as the rest of the world is also in the midst of the potential total economic meltdown.

On the one hand, the roller coaster moves of the New York Stock Exchange in particular, and others around the world in general, could easily give a run for the money to any adventure ride that Disney or Six Flags can offer. On the other hand, just like the falling leaves and desolation of winter are always followed by the spring of new opportunities, this is absolutely the most incredible buying opportunity for anyone with a bit of money to invest.

Sure, I have no guarantee that the market has hit bottom yet. But there is no way that I can believe that we are not already touching the lower extremes of the fluctuations of 2008. I am no economic adviser or investment guru, but I strongly feel that a strong recovery will start in 2009.

Thus, a historic buying opportunity actually exists in almost every segment of the market, especially in America. For example, if I had $1 million to spare, I would most definitely start buying up stocks in financial institutions like Citibank, Bank of America and others. America and other world governments just cannot afford to let such big banks go under. The US government is already an equity investor in them, and will continue to be as needed. The opportunity for others to step in is huge.

I also consider technology stocks to be the forerunners of the next economic upturn in America. This includes lots of new companies that are being created by entrepreneurs as well as existing innovative companies.

So, I would invest a large sum of money in the stocks of Apple, which appears to be firing on all cylinders. This includes a huge sales opportunity in the Christmas buying season for its latest and greatest models of the iPod music player, which commands almost 75% of the MP3 music player market here. Then they have the hottest gadget of the year, the iPhone 3G (which has already sold Ten Million units). Add to that the rapidly growing market share of the Apple laptop and desktop computers, which was raising revenues, profits, market share and respect for the company - even before the launch of the sexy and truly exciting new line of laptops, this week.

But, these are not the only companies or stocks that are desirable. I dare say almost anything (which has sound fundamentals, and a strong market presence) that is off more than 35 to 40% off its highs from last year is a huge buying opportunity.

If I had $1-5 million to invest, or if I were an institutional investor (or a large organization with a large bank account earning next to nothing in the bank), I would be targeting the huge opportunity that now exists in real estate.

Yes, there had been a bubble. Yes, we may have not seen the bottom. Yes, things will go down a bit at least until through part of next year. But, very few of us can be sure we can perfectly time the market and only buy at the lowest possible point.

Even with some downside potential, some significant short term volatility, there are significant long term opportunities to buy excellent pieces of property now, while they are depressed, and sell them at a profit when the market turns around in the next year and more.

Of course, I would not encourage anybody to invest in real estate indiscriminately or without significant research. I would not suggest betting your last Dollar or Rupee on it, if you don’t have financial cushion for one year.

My opinion, and it's only an opinion, not financial advice, is that there are special or particular kinds of real estate that are always going to be the first ones to recover. What I am talking about going after initially are the types of land and properties always in high demand, regardless of the kind of market we are in.

In particular, having spent a significant part of my life living on or facing the water, I have always been partial to waterfront property, especially if it happens to be bay front or oceanfront. In that sense, possibly the state of Florida offers the best opportunity to invest in waterfront or oceanfront real estate, including condos, that can be purchased at great bargains. Other places to look include Las Vegas and even California, where the next technology boom will again take place in 2 years.

The reason I would personally not jump into the condo market right now is because there is still a possible great risk of a builder or a building going into foreclosure, because many of its homeowners go into foreclosure.

On the other hand houses, standalone, or single-family homes as they are called, especially if they are on the water, or facing the ocean or come with any kind of lifestyle element are great investment opportunities. They are very desirable to those with disposable income, or those who will have disposable income more than others or before the rest of the market, so they would be great investments when the market is down about one third from its peak.

The way the market and many current investors, including small investors, in the stock market are responding is as if the Great Depression of 1929 is upon us again. Nothing could be farther from the truth.

Yes, there is a risk that the United States, and the rest of the world, could go into a painful recession, which could last a long time. But, even at its worst, it's not going to be anything like the Great Depression of 1929.

This is not some Version 2.0 of that great depression, when it took the stock market in America nearly 25 years to recover to pre-crash levels because no one knew what to do.

We are living in a very interdependent and very communicative world. We are now citizens of the World far more than any time in history. The speed of communications and the rapid response of citizens to their governments’ actions and inactions ensure that even incompetent leaders in any capital, Washington or Islamabad, Delhi or London, are quickly questioned and challenged.

That makes it far more likely that by design or by accident, coordinated problem solving approaches come from around the globe, all meant to save the world from falling into total financial ruin. That has started happening. Even Communist countries are following Capitalist policies, while hubs of Capitalism like America are literally “nationalizing” banks (actually a "recapitalizing" in exchange for equity stakes, with a potential upside), and injecting liquidity into the markets at a shocking but needed rate.

Just like the end of George H. W. Bush’s lame Presidency and Bill Clinton’s ascendance to power saw a bad recession turn into the biggest economic opportunity for everyone, nearly 16 years ago, I foresee the end of the George W. Bush’s absolutely disastrous and embarrassing Presidency as the start of a massive recovery in 2009.

Are you going to be ready to take advantage of it when it happens soon? Let me know.



To Be Continued

Imran Anwar is a New York and Miami based Pakistani-American entrepreneur, Internet pioneer, investor, writer and TV personality. He is not a financial adviser and doesn't even play one on TV. He can be reached through his web site http://imran.com and imran@imran.com

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