Posts Tagged ‘Investing’

Choking on Thought »

Our brain is divided into two parts: the rational, analytical side. And, the instinctive, emotional side. For hundreds of years philosophers and scientists presumed that if we could just gain more control of our rational side (think Dr. Spock), our lives would be less chaotic and even happier. But, there is a downside to allowing our

How Do You Feel About the Madoff Victims? »

In this Saturday's New York Times, writer Joe Nocera (Pulitzer prize finalist) writes about standing in line on Thursday, March 12 to see Bernie Madoff plead guilty... speaking with victims of Madoff's chicanery. In Nocera's unscientific survey of victims, he found that many of them want "justice" - in the form of government assistance (e.g. tax

The Right Mindset for the Next 24 Months: PT 2 »

Last week's blog entry was about the mindset and strategies we all need to bring to the economic crisis, the goals being both survival and prosperity. I would be remiss in discussing any challenge without focusing on the subject of persistence. In both good times and bad, an unwillingness to give in to circumstance is critical for success in

The Right Mindset for the Next 24 Months »

No one knows when the meltdown is going to end. I am predicting 24 months. My guess is as good as anyone else's. However, after studying successful people for 30+ years, I do feel I have insight into the approaches of those who will survive and prosper during and after the meltdown. Here are four of my top ten (more to follow): 1. Yesterday is

What to Advise Young People?? »

Yesterday my daughter and three of her friends were visiting our home. All four had graduated college last June and all are fortunate to have jobs. These young adults were all concerned about the economy, and asked me what I thought they should be doing by way of saving or investing. They had all heard the usual advice. But, they were smart

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