Getting Started: Trading on Coinsquare.io

coinsquare dashboard interface
coinsquare dashboard interface
coinsquare dashboard interface

Getting started trading on Coinsquare.io is pretty easy. They’re one of only a few Canadian exchanges that allow you to on-ramp your fiat currency into cryptocurrency. Their interface is clean and tidy. Their Verification process is not onerous. They allow Limit trades as well as market trades. They have 2 Factor authorization through Google Authenticator. These are sort of minimum standard and boring criteria! Yawn! But it’s nice to have support in the Canadian Bitcoin ecosystem and they have a few unique tricks up their sleeve as well.

The first is their Coinsquare Wealth option. This is enabled with a purchase of $25,000 or over, with 2 higher tiers when deposits reach a certain level. Interestingly in December 2017, this was only a buy of about 1 Bitcoin. At the $100,000 level, CoinSquare Diamond, there is dedicated support concierge and 0% wire fee to deposit. Cutting down on fees is the only guaranteed way to improve your returns. What remains to be seen is for how long $100,000 in cryptocurrency is deemed to be “wealth” or if it becomes more a norm for a store of value.

Coinsquare Wealth options

 

The next key differentiation for me is that they also sell FIAT  Canadian Dollars CAD, United States Dollars USD, Great British Pounds GBP, and Australian Dollars AUD, as well as Bullion, gold, and silver. For traditional Foreign Exchange Forex traders, this might represent a more efficient system for holding multiple denominations of currency and precious metals, in addition to their cryptocurrency. This can reduce complexity for taxation of capital gains and might reduce the effort needed to onramp into Cryptocurrency for traditional holders of diverse stores of value. It will reduce account or password “fatigue” whereby users need more accounts and passwords to more portals than ever before.

Cryptocurrency and traditional assets available on CoinSquare.io

Even Dogecoin is available for your kids to play with, though it hit a market cap of over $2 Billion USD in January 2018. Meme-tastic!

Check out this Getting Started post on Binance for trading alt coins from last week by clicking here.

As always, if you found this information helpful, please consider supporting the Blog by signing up to Coinsquare.io with my referral code D7EBCB264. coinsquare.io/register?r=D7EBCB264

Getting Started: Trading Alts on Binance

Binance Cryptocurrency trading platform
Binance Cryptocurrency trading platform

Disclaimer:  Buying Cryptocurrency is risky, selling Cryptocurrency is risky. Trading is risky. Not trading is risky. This is not financial advice. Don’t wager more than you’re prepared to lose. If you’re experiencing problematic behavior financially seek professional help.

Binance, like Binary Finance, Bitcoin Finance, or just plain Finance with a B,  is a great Cryptocurrency coin exchange site hosted in Korea, run by Chinese entrepreneurs. It’s been claimed that they are the fastest Startup Unicorn to reach Profitability. A Unicorn defined as a startup with a market capitalization or valuation of over one Billion dollars, $1,000,000,000. That’s a lot of zeros! While Bitcoin exchanges are under constant scrutiny in China and threats of regulation appear constantly in the FUD (Fear, Uncertainty, and Doubt), as far as I know, Binance gets around any restriction by not offering any onramp or offramp to fiat currency. You can deposit BTC Bitcoin, ETH Ethereum, USDT Tether, and Binance’s own coin BNB. BNB can also be used to pay your trading fees and if you choose to support their native token by paying in BNB, your trading fees are at 50% off. Seems like a great deal to me to support a fledgling industry. Their mobile app is supported natively on Android in the Play store, and only by unsigned direct download for iOS. Take it with a grain of salt that storing any coins on an exchange is risky and your politics may not align with the host nation. These 4 coins form the basis of the trading pairs for the other alternative cryptocurrency coins and tokens.

Binance Android trading
Binance Market change

The design of the app is very elegant with limit and market orders offered. All pricing is against bitcoin or the other trading pair, but they do provide an estimate of $USD that can be handy for at-a-glance net worth. They say true Crypto traders never value their holdings in fiat but Bitcoin is so volatile it’s hard for those getting started not to lust for dollars! Two-factor authentication through Google Authenticator is possible and minimal KYC is required until you want to withdraw more than 2 BTC at a time. The interface can be intimidating for those coming from Coinbase’s point and click buy/sell operations, but if you’re an experienced trader or a stock market trader used to technical analysis and Japanese candlesticks you will probably appreciate the detail. There’s been some criticism of the New Coin onboarding process with rumors of hefty fees and commissions being charged by Binance to represent a new coin or token, but in the words of the CEO, Changpeng Zhao, “Listed coins have zero complains about our fees”.

They brought on nearly 250,000 users in a single hour after the doors had been closed to ramp up their capabilities.

 

Here are the coins they list today:

  • CTR/BTC
  • SNGLS/BTC
  • TRIG/BTC
  • DNT/BTC
  • OAX/BTC
  • ELF/BTC
  • EVX/BTC
  • MTL/BT
  • SALT/BTC
  • HSR/BTC
  • LEND/BTC
  • VIB/BTC
  • GTO/BTC
  • BCD/BTC
  • XRP/BTC
  • GAS/BTC
  • BTS/BTC
  • XZC/BTC
  • MCO/BTC
  • LSK/BTC
  • OMG/BTC
  • ICX/BTC
  • QTUM/BTC
  • FUEL/BTC
  • DASH/BTC
  • ARK/BTC
  • ZEC/BTC
  • APPC/BTC
  • BNT/BTC
  • ETH/BTC
  • BCC/BTC
  • MTH/BTC
  • WTC/BTC
  • MANA/BTC
  • TNT/BTC
  • XVG/BTC
  • POE/BTC
  • TRX/BTC
  • ENJ/BTC
  • TNB/BTC
  • YOYO/BTC
  • POWR/BTC
  • KMD/BTC
  • STORJ/BTC
  • ADA/BTC
  • BAT/BTC
  • DLT/BTC
  • NAV/BTC
  • REQ/BTC
  • LINK/BTC
  • CMT/BTC
  • XMR/BTC
  • BQX/BTC
  • PPT/BTC
  • NULS/BTC
  • BTG/BTC
  • NEO/BTC
  • WINGS/BTC
  • RDN/BTC
  • ZRX/BTC
  • DGD/BTC
  • RCN/BTC
  • ETC/BTC
  • OST/BTC
  • WABI/BTC
  • LUN/BTC
  • NEBL/BTC
  • ARN/BTC
  • FUN/BTC
  • BCPT/BTC
  • CND/BTC
  • SNT/BTC
  • CDT/BTC
  • SUB/BTC
  • ADX/BTC
  • SNM/BTC
  • XLM/BTC
  • AION/BTC
  • GVT/BTC
  • WAVES/BTC
  • AMB/BTC
  • STRAT/BTC
  • QSP/BTC
  • KNC/BTC
  • EDO/BTC
  • BNB/BTC
  • MOD/BTC
  • GXS/BTC
  • ICN/BTC
  • BRD/BTC
  • LTC/BTC
  • LRC/BTC
  • IOTA/BTC
  • AST/BTC
  • MDA/BTC
  • ENG/BTC
  • EOS/BTC
  • VEN/BTC
  • VIBE/BTC

Watch a short interview with Binance CEO Changpeng Zhao on Youtube by Boxmining.

Take a look at this post about a Four Word Cheat Sheet for the Top 100 Altcoins.

Support my blog by signing up with my affiliate code. https://www.binance.com/?ref=13512739

Top 100 Alt Coin Cheat Sheet

Top 100 Alt Coins described in 4 words or less
Top 100 Alt Coins described in 4 words or less

Buying alternative coins to bitcoin right now already feels like cheating.  Their financial performance is unmatched in 2017 and they are leading the pack in 2018. This handy cheat sheet that was posted by Charlie Shrem has been really handy for me to better understand, quickly at a glance some of the coins that are deeper down the list. I wouldn’t invest much money in any coin that you haven’t done some research on.  Establish not only whether they have a working protocol, Community support, activity in social media, a following, on Reddit, a GitHub with some real code, and many other parameters that would go into deciding whether or not a completely untested technology is investment grade or just gambling.  That’s even before you get into the technical analysis of the price trends. A basic understanding of cryptoeconomics and as Brad Mills would say fomoeconomics will also help you to understand what is going on with each coin and your desire to participate in the market. The top 100 is subject to change and already has from November when this was published originally by Nate Murray on newline.

Want to Get into trading Alt Coins and found this post helpful? Use my referral code to signup for Binance: https://www.binance.com/?ref=13512739

Name | Sym. | Description
—————-|——-|——————————————
Bitcoin | BTC | Digital gold
Ethereum | ETH | Programmable contracts and money
Bitcoin Cash | BCH | Bitcoin clone
Ripple | XRP | Enterprise payment settlement network
Litecoin | LTC | Faster Bitcoin
Dash | DASH | Privacy-focused Bitcoin clone
NEO | NEO | Chinese-market Ethereum
NEM | XEM | Batteries-included digital assets
Monero | XMR | Private digital cash
Ethereum Classic| ETC | Ethereum clone
IOTA | MIOTA | Internet-of-things payments
Qtum | QTUM | Ethereum contracts on Bitcoin
OmiseGO | OMG | Banking, remittance, and exchange
Zcash | ZEC | Private digital cash
BitConnect | BCC | Madoff-like investment fund
Lisk | LSK | Decentralized applications in JavaScript
Cardano | ADA | Layered currency and contracts
Tether | USDT | Price = 1 USD
Stellar Lumens | XLM | Digital IOUs
EOS | EOS | Decentralized applications on WebAssembly
Hshare | HSR | Blockchain switchboard
Waves | WAVES | Decentralized exchange and crowdfunding
Stratis | STRAT | Decentralized applications in C#
Komodo | KMD | Decentralized ICOs
Ark | ARK | Blockchain switchboard
Electroneum | ETN | Monero clone
Bytecoin | BCN | Privacy-focused cryptocurrency
Steem | STEEM | Reddit with money voting
Ardor | ARDR | Blockchain for spawning blockchains
Binance Coin | BNB | Pay Binance exchange fees
Augur | REP | Decentralized prediction market
Populous | PPT | Invoice trading futures
Decred | DCR | Bitcoin with alternative governance
TenX | PAY | Cryptocurrency credit card
MaidSafeCoin | MAID | Rent disk space
BitcoinDark | BTCD | Zcoin close
BitShares | BTS | Decentralized exchange
Golem | GNT | Rent other people’s computers
PIVX | PIVX | Inflationary Dash clone
Gas | GAS | Pay fees on Neo
TRON | TRX | In-app-purchases
Vertcoin | VTC | Bitcoin clone
MonaCoin | MONA | Japanese Dogecoin
Factom | FCT | Decentralized record keeping
Basic Attention | BAT | Decentralized ad network
SALT | SALT | Cryptocurrency-backed loans
Kyber Network | KNC | Decentralized exchange
Dogecoin | DOGE | Serious meme bitcoin clone
DigixDAO | DGD | Organisation manages tokenized gold
Veritaseum | VERI | Vaporware
Walton | WTC | IoT Blockchain
SingularDTV | SNGLS | Decentralized Netflix
Bytom | BTM | Physical assets as tokens
Byteball Bytes | GBYTE | Decentralized database and currency
GameCredits | GAME | Video game currency
Metaverse ETP | ETP | Chinese Ethereum plus identity
GXShares | GXS | Decentralized Chinese Equifax
Syscoin | SYS | Decentralized marketplace
Siacoin | SC | Rent disk space
Status | SNT | Decentralized application browser
0x | ZRX | Decentralized exchange
Verge | XVG | Privacy Dogecoin
Lykke | LKK | Digital asset exchange
Civic | CVC | Identity and Authentication App
Blocknet | BLOCK | Decentralized exchange
Metal | MTL | Payments with rewards program
Iconomi | ICN | Digital asset investment funds
Aeternity | AE | Decentralized apps (prototype)
DigiByte | DGB | Faster Bitcoin
Bancor | BNT | Token Index Funds
Ripio Credit | RCN | Co-signed Cryptocurrency Loans
ATMChain | ATM | Advertising network
Gnosis | GNO | Decentralized prediction market
VeChain | VEN | Supply chain item IDs
Pura | PURA | Cryptocurrency
Particl | PART | Privacy marketplace and chat
KuCoin Shares | KCS | Profit-sharing exchange fees
Bitquence | BQX | Mint for cryptocurrency investments
FunFair | FUN | Decentralized casino
ChainLink | LINK | External data for contracts
Power Ledger | POWR | Airbnb for electricity
Nxt | NXT | Cryptocurrency and marketplace
Monaco | MCO | Cryptocurrency credit card
Cryptonex | CNX | Zerocoin clone
MCAP | MCAP | Mining investment fund
Storj | STORJ | Rent disk space
ZenCash | ZEN | Privacy-focused Bitcoin clone
Nexus | NXS | Bitcoin clone
Neblio | NEBL | Decentralized application platform
Zeusshield | ZSC | Decentralized insurance
Streamr DATAcoin| DATA | Real-time data marketplace
ZCoin | XZC | Private digital cash
NAV Coin | NAV | Bitcoin with private transactions
AdEx | ADX | Advertising exchange
Open Trading | OTN | Decentralized exchange
SmartCash | SMART | Zcoin clone with rewards
Bitdeal | BDL | Bitcoin clone
Loopring | LRC | Decentralized exchange
Edgeless | EDG | Decentralized casino
FairCoin | FAIR | Bitcoin that rewards savers

Vancouver Car Share Companies

Car share has been a big hit even before ridesharing like Uber. Car2Go and Zipcar have been around for years. Many have said millennials are giving up owning a car but around the Greater Vancouver Regional District GVRD where housing prices are the least affordable in Canada, saving the average Canadian’s $275 a month car payment can go a long way to helping climb the property ladder. Car Share can bridge the gap between cycling, public transit, a taxi, and walking or other forms of active transport, without the need to rent a car for a whole period of 24 hours.

Car2go Car Share Smart Car
Car2go Car Share Smart Car at UBC campus in Vancouver
ZipCar Hyundai Elantra at UBC campus in Vancouver
EVO Car Share at UBC campus in Vancouver
Prius C EVO Car Share at UBC campus in Vancouver

Evo looks like they only use Toyota Prius C and they all have active lifestyle roof racks for bikes, skis, and boards.

Vancouver Velocity Cars

Storefront of Vancouver Velocity Cars

The weather could not have been worse for my visit to Velocity Cars in Burnaby BC but I had a great time anyways visiting the JDM powerhouse in the suburbs of Vancouver. Japanese Domestic Market or JDM cars are imported to Canada after they are 15 years old. This means that every few years an entirely new generation of vehicles is available to Canadians. These cars are often Right Hand Drive as Japan is another country like England where you drive on the right, however many of the German cars there like BMW, Mercedes Benz, and Porsche are still Left Hand Drive, LHD. These cars offer a unique automotive experience for people looking to have something a little different than the everyday. Check with your local insurance company as some can be particular about the Right Hand Driving experience. Photography with the snow and rain was tricky so it was a only a short visit.

2001 Subaru Impreza WRX STI Bug eye in Vancouver Velocity Cars Burnaby

Canada didn’t get the Subaru Impreza WRX until 2002, and the STI until 2004, so we never enjoyed the Bug Eye variant of the legendary world rally car.

2001 Nissan Skyline R34 Coupe Green
2001 Nissan Skyline R34 at Vancouver Velocity Cars

R34 Nissan Skylines are now available as early examples are 15 years old and this one was a beautiful dark green colour.

1998 Toyota Chaser Tourer V 1JZ VVTi Turbo at Vancouver Velocity Cars
BMW Z3 Roadster with M Package Blue Interior
1998 Honda CR-V at Vancouver Velocity Cars

Here you see the Right Hand Drive Honda CRV which is often used for Rural postal mail delivery.

Nissan Stagea in Vancouver at Velocity Cars

I found this Nissan Stagea curious because it’s the USDM Infiniti G35 but in a Wagon format with a smaller 2.5 liter V6 engine. It’s only recently passed the 15 year mark allowing it to be imported, meaning I’d never seen one in Canada until today.

1998 Alfa Romeo GTV in vancouver at Velocity Cars
Mitsubishi Space Gear at Velocity Cars
Storefront of Vancouver Velocity Cars
Vancouver Velocity Cars

License Plates of British Columbia

So far I’ve seen 4 different styles of license plates for cars in British Columbia, but I’m sure there are more options. Personalization options provide an additional stream of revenue for the province by offering consumers more choices in how they express themselves on their license plate. Vanity or personalized plates are an option as well for those who truly want a custom experience.

These lovely pink and blue plates with a more photorealistic interpretation of the mountain peaks of the Rocky Mountain Range on a Volkswagen Jetta spotted at the Swartz Bay Ferry Terminal in Victoria British Columbia
This Stingray sports the vanity custom license plate SEE YAH in white, blue, and green.
This Stingray sports the vanity custom license plate SEE YAH in white, blue, and green. The basic line drawings symbolize the mountain ranges of British Columbia
Corvette stingray with green british columbia license plate with a grizzly bear
This Corvette Stingray is sporting the wilderness themed green license plate with a grizzly bear.
Land Rover with blue and white bc license plate
This Land Rover has the traditional, off the shelf, blue and white plate with the BC flag insignia in the middle.

Charlie Munger Speaks about Bitcoin at University of Michigan Ross School of Business

Charlie Munger recently did a long format talk at the University of Michigan Ross School of Business. He had this to say about Bitcoin and Cryptocurrency.

“I can answer those very quickly. I think its perfectly assinine to even pause to think about them. You know it’s one thing to, to think that gold has some marvelous store of value because Man has no way of inventing more gold or getting it very easily. So it has the advantage of rarity. Believe me, Man is capable of somehow creating more Bitcoin. They tell you they’re not going to do it but they mean they’re not going to do it unless they want to. That’s what they mean when they say they’re not going to do it. If they tell you there are rules and they can’t do it, don’t believe them. When there is enough incentive, bad things will happen. Its.. bad people, crazy bubble, bad idea, luring people into the concept of easy wealth without much insider work. It’s the last thing on earth you should think about. If it worked it would be bad for you because you would try to do it again. It’s totally insane. And by the way, I’ve just laid out a wonderful life lesson for you. Give a whole lot of things a wide berth. They don’t exist. You know… crooks, crazies, egomaniacs, people full of resentment, people full of self-pity, people who feel like victims, they’re just a whole lot things that aren’t going to work for you. Figure out what they are and avoid them like the plague. And one of them is Bitcoin. And the worst thing would happen if you won because then you would do it again. It’s total insanity. It’s so easy to simplify life, from just, all of these things are beneath you. I don’t even want to know… People are promoting bitcoin, I don’t want them to know my address. They’re not my kind of people”

Is Bitcoin in a Bubble?

it has all the classic ingredients of a bubble

–Ray Dalio, Bridgewater

When you overlay the Bitcoin price chart against the classic bubble charts of modern history, it’s quite easy to say that it looks like a Bubble. A speculative bubble driven by greed, and demand for above average market returns.

 

But if you overlay this parabolic trajectory over a typical Technological Adoption curve, with the right timeline on the X axis, it looks quite normal. Is the growth driven by the great efficiencies, transparency, as part of the larger Is it part of a larger credit contraction and deflationary period we might be going through? Does it give hope to a post-Federal Reserve or Central Bank model?

 

I don’t think we’ll ever live in a world where we use the  Internet less than we do today. I also don’t think we’ll ever live in a world where we use money less than we do today. Velocity will increase and will magnify the impact of printing trillions of dollars in fiat currency. I’m left wondering; is the Dollar is in a Bubble?

How The Economic Machine Works

Ray Dalio explains How The Economic Machine Works. The confluence of Productivity Growth, the Short Term Debt Cycle, and the Long Term Debt Cycle are the main drivers of the Economy.

Cars of British Columbia

Here’s a running gallery of the sweet cars I’ve spotted in British Columbia, where there is no salt on the roads in the winter and more moderate temperatures all year round. There are many cars there that I haven’t seen in Ontario in 15 years. These relics would have long since rusted away with our salt and brine. The exposure to JDM Japanese Domestic Market vehicles is also greater with the access to the Pacific. There is a unique car culture in British Columbia that is worthy of study. All of these photos shot by Timothy Felsky with a Canon60D and processed with Adobe Lightroom.

 

Alfa Romeo Twin Spark Quadrifoglio in Victoria
Alfa Romeo Twin Spark Quadrifoglio in Victoria British Columbia
Death Dealer at the Breakwater in Victoria British Columbia
Jaguar Mark in Vancouver British Columbia
Jaguar Mark in Vancouver British Columbia
Lexus LX 450 in Vancouver British Columbia with updated Toyota TRD Pro Wheels
Lexus LX 450 in Vancouver British Columbia with updated Toyota TRD Pro Wheels

While I’m particularly sensitive to it, it seems that almost everyone drives a Toyota truck of some kind in British Columbia it seems. From Tacoma, to 4Runner, to Lexus GX and LX variants. They really show that they last when not exposed to the terrible corrosion that afflicts Ontario Tacomas. True 4 wheel drive and likely affinity to Pacific brands aids in their significant capture of the light truck market. There are enough that I will do a separate post just of the Toyota trucks I spotted.

Volkswagen Super Beetle in Vancouver British Columbia
Volkswagen Super Beetle in Vancouver British Columbia
Audi 90 Convertible in Vancouver British Columbia
Audi 90 Convertible in Vancouver British Columbia
Trans Am Totem in the Vancouver Open Air Museum
Trans Am Totem in the Vancouver Open Air Museum

Save-a-Deal Meetings

The purpose of a save-a-deal meeting is to bring business back onto the table that would otherwise be lost by silos in the business. Some businesses do this daily, others weekly, some even monthly depending on their sales cycle. There is always more business that slips through the cracks when sales and business development professionals are working in their silos. Where a deal would be seen as unprofitable to the Sales department, it might have a knock-on or compounding effect to another department. The coordinating team can adjust their ratios to allow the sales department to make a deal that would otherwise not come together, benefiting both businesses. This is especially important to teams where the business units represent such a stark contrast in their dynamics, especially an Us vs. Them division with sales and support.

 

 

Review Pending sales that are unpaid and undelivered. Don’t let a signed deal fall apart.

Review Last Period Traffic and Sales Opportunities with a mind to flatten the barriers that are holding back any deal.

Take notes, codify/classify any recurring themes to elevate to upper management and Product Planning teams. Maybe there is unmet consumer demand.

Used Car Manager’s Toolkit

A lot of people contact me for advice about buying and selling cars, some personally and some professionally. There is a toolkit that every good Pre-owned or Used Car Manager needs to do their job well, uncover value, save time, sell more cars, and make more money. These tools are inexpensive and will pay for themselves typically in the first week, but still, so few managers have their own tools or know how to use them. These also make a great gift for any car enthusiast, at any time of the year. Think of the investment your technicians make in their tools and then realize the opportunity to invest in yourself and your career.

Tire Tread Depth Gauge $10

The benefits of this tool are 3 fold beyond using it to measure tread depth. The first is that it establishes to the customer that you know what you’re looking at. Two, it can save you making a bad decision on appraisal on something with borderline wear, either for Certified Pre Owned standards or local safety standards. Three, it forces you to actually look at each of the four tires, and while you’re down there, you can take a look for cuts to the side wall, feathering, or dry aged, weather cracking.

Screw Gun with popular fittings $49

There are some cheap ones out there that still used NICAD batteries that won’t stand up to the demands of bolting and unbolting license plates 2 or 3 times a day. Lithium Ion has gotten so good and so cheap its nuts not to choose one with this long-lasting battery tech.  Having something with enough torque and impact to loosen even the most rusted on bolts, with enough variability not to snap the heads off can be a big time saver for changing plates, saving embarrassing trips to the service department to borrow a technicians tools and 10mm sockets.

Lithium-Ion Battery Booster Jump Starter Pack $99

Cheap ones out there are still cheap and will mainly do that job if kept charged up. They do double duty as a backup cell phone charger to stay in touch with clients, your business, and your family. Simplify and add lightness with Lithium Ion, where carrying around a 30lb lead-acid battery is impractical. Jumper cables are a thing of the past by keeping your hands clean, avoid needing a second person and a second car to jump, not carrying bulky jumper cables that get dirty from dragging in the snow, or rub up against the bumpers of the cars you’re working on.  Finally, the social capital you can earn for yourself and your brand by having one of these handy when you see someone with their hood up on the side of the road or at the shopping mall this winter will go a long way to paying off the minor cost of upfront purchase.

OBD Code Scanner Reader $49

This is a no-brainer. Costs run from $29 to $10,000, but this open standard for On-Board Diagnostics and vehicle troubleshooting is a godsend for the salesperson for a few reasons. If you’re appraising a trade with a check engine light on and the customer doesn’t know why you can save them the $50 minimum diagnostic computer time. Use the scanner to identify the code associated with their Check Engine Light or Malfunction Indicator Lamp.  This builds incredible value and credibility in front of the customer who had no commitment to deal. You might even reset it if it’s something innocuous like a loose gas cap. Next, for the customer that tells you its “just a loose gas cap”. Verify the honesty and trustworthiness of the customer in their other statements. Finally, you can quickly reset a light on a used car that came on for low battery voltage or set readiness for a quick test drive, allowing your shop adequate time to effect a proper repair when needed, without losing face to a customer about to test drive a used car for the first time. By using this tool over and over again as the months’ progress, you’ll learn a lot about the types of things that go wrong in a modern vehicle’s onboard computers.

Microfibers $10

Every staff member and manager should have a small microfiber cloth in their pocket like a handkerchief, to wipe an offending spot off a touch screen, steering wheel, or otherwise, that would ruin the perfect aesthetic of a vehicle that was just detailed when a spot is missed. This is a most gentlemanly ideal but one that carries into today’s busy world.

Paint Depth Gauge $99

These clever devices measure the paint thickness to the metal on body panels that are steel or aluminum. Typically reserved for luxury and sports car dealers where a repainted panel can have a bigger impact on the vehicle’s value, it’s important on any car to establish the history and cross-reference a few data points to be sure. While a vehicle History report such as a CarProof or carfax might tell you there was an accident, it might not show you what side of the car or how many panels were involved. Proper disclosure is important but people are old and forgetful and sometimes less than honest. This will also catch paintwork where no claim was filed or in jurisdictions where the claim is not reported to the vehicle history report provider. While a trained eye with great vision can spot most repaints that’s a big assumption. There can be really great paint jobs that would fool even a hawkeye sales manager. This risk is magnified when if it’s cold outside, the vehicle is dirty, or there are other priorities on a sales managers plate.

Tire Pressure Gauge $10

Lower profile tires make it harder to guess when a tire is showing a little sag. This can save a few minutes to check if a new car has been through a full Pre-delivery inspection.

Hidden Secrets of Money

A friend introduced me to Mike Maloney’s series of videos a few years ago now and I had a hard time reconciling this pessimistic viewpoint with my real-world experience. The term Gold Bug is used a pejorative and a some of the videos start to border on conspiracy theory. If your key take-away, is that this is a commercial for GoldSilver.com, you should dig a little deeper. I found the videos largely factual and informative. They’re well presented and well produced. I don’t have any holdings in Gold beyond a little pin, but it might represent a reasonable store of value with reasonable liquidity, but it lacks the divisibility many people ask of their money.

Episode 1

Episode 2

Episode 3

Episode 4

Episode 5

Episode 6

Episode 7

Personal Development

I’ve just started down a road of systematic personal development, rather than a haphazard approach in the first third of my life. Here is who I’m reading lately.

Personal Development

Jim Rohn

Tony Robbins

Jocko Willink

 

Value Investing

Howard Marks

Warren Buffet

Joel Greenblatt

Ray Dalio

Ben Graham

 

Financial Independence

MrMoneyMustache

 

Cryptocurrency

Andreas Antonopoulos

Laura Shin

Trace Mayer

Tone Vays

 

Blockchain and Consensus Algorithms

Leemon Baird

 

Titanium Canada


Some of you know about my foray into E-commerce. While we netted 4 figure growth in year 2 the growth projections showed we wouldn’t sustain it and reach scale without a significant reinvestment. The initial inventory we bought was our competitive advantage on products with a long lead time and we could notice trends of other sellers going out of stock and then an increase in orders. For the Titanium gifts we sold, it was a seasonal business, meaning December was approximately 30% of the annual sales and the first time we had 4 digit sales numbers for the store.

 

 

New Site

St Thomas Aquinas Chess Club

After a 3 year hiatus from blogging or posting to TimFelsky.com, I’ve brought it back using a version of WordPress Twenty Seventeen. Making moves like Bobby Fisher.