March 2018 - Page 2 of 2

As the green revolution takes over more and more states the beneficiaries of relaxed marijuana laws will be long-suffering patients, legal weed enthusiasts and the investors with the foresight to see what companies will thrive in this new environment. There is no ceiling to the growth that marijuana stocks can display over the next decade and it is up to dedicated traders to put in the time and effort to capitalize on it.

Finding marijuana stocks to invest in is not very hard, no matter what style of investing you favor. For the long-term, buy and hold crowd, there are companies in Canada and the international market that have gained a foothold in their respective weed sectors, from cultivation to distribution. And industries in Colorado and California are shooting up as well.

For the active traders that are looking to capitalize on volatility, you can look to the newer states that have legalized or are about to legalize. Because of the intense interest of the market and the uncertain nature of the governmental regulatory environment, there is plenty of opportunity for prices spikes and dips. Day traders live for that kind of long volatility. There is not much more that excites day traders than day to day volatility.

There are more and more legitimate signs of the weed markets becoming entrenched in the United States. Conferences for entrepreneurs in the marijuana business are popping up all over the North America. There is a greater public acceptance of cannabis as a legitimate pain medication as well as a recreational drug on the same level as alcohol. With the way the world is moving, there will be a great need for support businesses for the cultivators, growers and producers to rely on.

Not only do you need the product to sell, you need legal outfits with experience in dealing with the mix of laws, regulations and norms that govern cannabist business in this country and abroad. You need those firms to keep up with the changes as well, because the environment is so uncertain.

And the media business rising up around the marijuana industry is robust. There is a great market for digital and print publications that cover the industry and how consumers are using cannabis. That means that the ad industry surrounding these places is growing as well. That all means more money flowing into and around marijuana stocks.

The key is to be there as the sector grows in size and importance. The money is waiting for the right place to go. As the capital sits and the capital holders decide, there is opportunity to ride those waves and then find the right long-term spots to park your money. Growth is possible for the bold traders that favor risk and how to make the most of it.

Marijuana companies abroad have had more time to develop products and process that lend themselves to a long term industry, because cannabis has gained greater acceptance in Europe and Canada. Look to new biotech and pharmaceutical companies in those spaces in order to place long-term bets

This post was sponsored by Lexington Law

I have met so many people who are what you can call penny wise and pound foolish. They will go through great effort to save a little bit of money, yet they will spend tremendous amounts of money on things that do not bring them high value. Like paying interest for example. There are a couple of ways you can reduce the cost of your debt. Did you know almost everything in life is negotiable? I have called lenders and asked them to reduce rate on my credit cards, put me on the new customer offer, or simply switched the debt to another lender, in order to get better terms. If you have decent credit, you can often get 0% balance transfer rates for a low fee.

But one of the best ways you can save a lot of money on borrowed money is if you have great credit. Even good credit will get you decent rates, but that little increment between good and stellar credit can save you thousands of dollars. And contrary to what you may think, it is not so hard to get your credit score up a few points.

First of all, you want to make sure all the records the credit agencies hold under your name are accurate. If that is not the case, you can reach out to them, or hire a company to set things straight. They may hold wrong information, or simply have records you are not even aware of, in the case of identity theft for example. Better avoid the bad surprises when you are in front of your banker trying to get a mortgage.

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Once you have gotten your credit report repaired, the rest of the work relies on you. Building good habits to build a good credit score will help in turn build a solid foundation for your financial life. High interest debt will cripple you and prevent you from achieving other dreams. Yes, it may take a while and require sacrifices, but over the long term, it will be worth it.

There are different debt elimination techniques, such as the snowball or avalanche method, where you start by repaying the smallest debt you owe, or the one that carries the highest interest rate, and work your way from there, as you free up disposable income with every debt repaid. But the underlying goal is to make your payments on time, and pay off as much debt as you possibly can. This will translate as a strong credit history and increase your credit score over time.

If you get a new card, keeping the old one open will also help your credit, because you will have all the years of history on your side. Instead of keeping it inactive, make a small charge on it every month, and pay the balance in full.

Getting your score back up is a great idea before you apply for a mortgage or a personal loan. That will get you a better interest rate, which in turn will reduce the overall amount of debt you’ll have to pay. Remember to keep an eye on your credit regularly, as some information may be added without you knowing, and that can be detrimental to you being approved as a borrower.

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