As the adage goes, 'Too much zeal without knowledge is dangerous.'

eBay, eBanity, insanity...the perfect 'live' definition I have ever seen and/or read about.

Of course, on the positive side, I have gained a broad knowledge base on what not to do in my business ventures...I think I'll write an e-book about it.

Thanks, eBay...you're the best!!!

Paypal has a lot of gall claiming they're going to store anything securely. Show me you can do ANYTHING securely for three months PP then maybe I'll let you watch over my potato salad recipes.

I'll keep the important stuff on my own computer. Wells Fargo has proven they can care for my banking for me. Paypal has proven nothing except that they won't help someone stuck in a PP assisted jam.

Once again, the obtusivness of the whole Paypal claim that they're "preparing something" smacks of yet another knee jerk, last gasp ploy to save a sinking ship.

Bank with your bank. Smile with your CPA. Keep a file cabinet in your office...and tell Paypal where they can "get off".

Todays tip:

Time to start exiting big retail. It's soft money, for real. You've seen the numbers. Move that cash. Pay attention to infrastructure and substrate "type" manufacturing. The safe bet is now in building the underpinnings to the next growth wave. It's going to be a tough few years in the construction field.

Look to small manufacturers for examples of management brilliance. You'd be amazed at the talent. Keep pace with in house product mobility. Watch A.I. for some incredible gains.


And, go out for a walk. It's good for ya.

Stand, look, breathe.


Blessings to ALL

Gary

Nice post Gary.

On Tuesday, I sold by stock in Ebay and withdrew all my money from my Paypal account. It landed in my real bank today. Everybody else should do the same. Get out now. Do not wait. This ship is sinking fast. Q3 earnings will be reported on October 19. Do you want to wait around and see what happens when the financial markets start withdrawing their money? Your money might get "lost." Abandon ship before its too late.

Methinks they may be working with a company in Los Angeles named Etonica.com that has an awesome product called DropBox Pro.

I am also hearing that Etonica may be working with Yahoo on MySpace killer but I am not sure - saw a video floating around the web.

Gary
That was very well said.
I did exactly that after the town hall meeting in July.
I also after hearing night mare stories of PP freezing accounts, never allowed PP to make profit on money sitting in my account. Always sent it to my bank imediately. If alot more people had done that PP could not of sized or froze thier money when they had a beef with them over a buyer etc.

Melly, with all due respect, if you have not heard about anything new coming from PayPal recently it's because you have not been paying attention.

This month alone we have seen the PayPal icon appear in Yahoo! search results for the first time, we have seen a new partnership with Microsoft on Office Accounting 2007, we have seen them sign up one of their largest accounts (Barnes & Noble), and we have heard rumours of them working with MySpace for the downloading of music. I don't know about you but I would call that an extremely active month of September! DropBox is just the icing on the cake.

Take your money out of Paypal now. Don't wait. Do it now. Paypal claims your money is safe there, but Payapl is owned by Ebay. If Ebay goes down, you may never see your money. So take it now while you still have a chance. Who knows what other glitches are waiting around the pipeline with Paypal.

It is for digitally delivered goods.

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