Investing in Energy Efficiency

I recently gave some basic energy saving tips that may help consumers lower their utility bills. One of those tips was considering replacing conventional lightbulbs with light emitting diodes, or LEDs.

I figured advice isn’t very good if I wouldn’t take it myself, so I bought two LEDs to replace two old-fashioned incandescent bulbs in the light fixture above my dining room table. It may sound like a boring chore, but it promises to deliver a far better return on my investment than any stock or bond I’m likely to buy. Continue reading “Investing in Energy Efficiency”

States Blaze Trail for Marijuana Reform

Few industries operate in a stranger legal and political environment than marijuana. While 33 states and Washington, D.C. have legalized pot for recreational and/or medical use, the federal government still considers it an illicit, controlled substance. In short, pot is simultaneously legal and illegal in these states, depending on the governmental perspective.

The situation has partially handcuffed a nascent industry that otherwise is thriving and shows even greater potential. Legal cannabis sales in the U.S. are expected to top $13 billion this year – $3 billion more than 2018. Look for sales to spike to almost $26 billion in 2025. Continue reading “States Blaze Trail for Marijuana Reform”

Cannabis Industry Has Big but Uncertain Potential

The future is bright for legal marijuana, one of the fastest growing industries in North America. Look for the trade to build on a groundbreaking 2018 with rampant growth in the coming years.

Thirty-three states and Washington, D.C. have legalized pot for medical purposes. And in December, Michigan became the 10th state to also allow recreational use by adults. More states will follow suit this year and beyond. Continue reading “Cannabis Industry Has Big but Uncertain Potential”

How Hollywood is Coping with the Rise of Netflix

With the flood of at-home streaming entertainment options, is the movie theater business toast? After all, films made solely for streaming services are grabbing larger audiences, threatening to curb box office sales down the road. Netflix’s film Birdbox was viewed by 80 million households in one month in 2018. Netflix has a bigger slate of movies this year, including The Irishman, a Martin Scorsese film with a $150-million budget. Continue reading “How Hollywood is Coping with the Rise of Netflix”

Who Comes Out on Top in the Streaming Video Wars?

The streaming video wars are heating up. Tens of billions of dollars are being spent on online video content. Companies are battling for the same customers. Technology is rapidly changing. Who wins and who loses from this new tumult in the media industry?

The biggest splash in a long time will be the launch of Disney’s much-anticipated streaming service, leveraging its deep well of films and television shows while spending billions of dollars on new programming, marketing and technology. The move, set to happen this year, marks a new era for the company as it takes a step away from its traditional movie and television business. Continue reading “Who Comes Out on Top in the Streaming Video Wars?”