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Great News Today and Some History Too
I've just received my Master Practitioner Strategist certification in Neuro Linguistic Programming, learning all kinds of wonderful facts, which I will continue to share with you over the coming weeks and months. For example, did you know that information flows into our minds at a rate of 2-4 million bits per second, and yet we can only digest 134 bits per second? That means that the overflow of information floods our minds at a similar speed of water blasting from an open fire hydrant. We "filter" what actually enters our minds by deleting information that doesn't make sense, distorting information based upon our beliefs, and/or by generalizing.More -
If You're Not In, Get In
I congratulate all who have not sold out of their stock mutual funds, realizing that monies invested in the stock markets are there for the medium-to-long term goods and services that we will buy as we age. Yet I want to invite those who may have sold out of their stock mutual funds or stocks to begin buying back into the markets, perhaps utilizing a strategy called Dollar Cost Averaging, which is fancy language for investing systematically into the market on different days thereby attaining different purchase prices whose average has historically been favorable to simply choosing one particular day in which to invest (or sell, for that matter).More -
Compounding Wealth by Capitalizing on Boomer Gender Differences
Did you know that women are so much better at multitasking than men. Does that mean that women are of the better species? Is there really a difference in the way Men and Women handle money and their finances? Read the article to learn more about boomer gender differences.More -
Measuring Cups Essential In Baking And Life
The same thing with your effectively diversified portfolio too, which somewhat resembles a cake too, with various cake slices invested in various types of mutual funds-those that invest in large company stocks, small company stocks, international stocks, corporate bonds, global bonds, balanced funds, and Treasuries and Certificates of Deposit. Remember, there are people-you chief among them-that will need the sustenance of that complete cake in months and years to come. Don't shortchange yourself and them by a precipitous action now.More -
Pigs Get Fatter
Alex Rodriguez's admission to steroid use from 2001-2003 yesterday was the latest example of tarnish and cheating and lying. Young? Not too young to cash the big checks! Stupid, yes, I'll readily agree. Greedy? Check. Selfish? Surely. A hero? Not. They say he'll be treated better because he was honest and admitted steroid use. Yet there wasn't much of an apology was there?More -
Only 2 More Days to Profit from your "Investment Dogs"
What's all this clatter you ask? Well, let's say you have held your favorite (or even your not-so-favorite) stock, bond or mutual fund for a while and the value has dropped a lot. You've been licking your wounds, whining to yourself or anyone who would listen, but hanging on "till it recovers", right? Well that could take some time so here's an idea in the meantime. Sell that investment (or investments) in the next 2 calendar days. Buy a SIMILAR investment the minute your sale proceeds are available, since you don't want to be "out of the market" these days...a substantial recovery could happen in 8 hours!More -
Watch out for Covert Capital Gains
Hey all you smart mutual fund investors, listen up! Check your accounts on line now, or call your broker or investment company,to see if your fund issued any capital gains this month. That's right, even though your fund's value probably took a nose dive, there very well may have been trading in that fund throughout the year that could have resulted in a capital gain. Mutual funds distribute the bulk of such gains during December to their shareholders, so you COULD owe income tax on capital gains even though your fund is sporting a big fat loss, or even a mild-paunchy loss...More -
Speaking of Hogs
I also read yesterday that one in five Americans aged 18-34 is obese! Yes, I have noticed the spread widening on Americans as we sidle up to yet our next buffet or super-sized fast food meal. I personally was in the Las Vegas audience last week when Karl Rove could hardly contain his chortling as he belittled the obesity epidemic we have in America. His slick one-liners rolled easily off his tongue mocking the attention and funds that President Obama's stimulus plan allots to addressing one of America's costliest and most debilitating ills.More -
No More Pork Sausages Please
I know it's fall, but no where NEAR Christmas, so why all the ornaments on the rescue package? I mean I thought we were in a sub-prime mortgage clean-up and a solidifying the financial liquidity mode here so that Americans could continue to borrow money to keep their budgets or businesses afloat?More -
Being "Madoffed" Renews Bag Lady Fears
The fear of becoming a bag lady is just that; a fear of losing everything in a heartbeat. This abject fear has generally been conjured up in terms of a woman becoming widowed or suddenly divorced. So enter being "Madoffed" as a new cause of a bag lady fear.More