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03-MARCH 26-2024

Smug lookAnyone who has never made a mistake has never tried anything new.

 

Now here’s the rest of the news:

Why “Less Inflation” Is a Sneaky Trick
Three plus years of stubborn inflation have already sent costs of living soaring.  The bad news is, they won’t come back down – not even if the Fed keeps interest rates over 5%.  Here’s why… [Read Here]

How To Live the Good Life With Retirement Savings (3 Secrets)
After four years of relentless inflation, the magic number to retire comfortably is higher than ever.  So today we examine three methods to help you get the most out of your savings… [Read Here]

March 26, 2023

Social security '24Allow yourself to get lit up, turned on, and really passionate about your dream.

 

 

 

 

 

March 26, 2022

[…more on Bob Burg’s book, Adversaries into Allies]

Indeed, there are certainly those who’ve attained great financial success despite their lack of people skills.  But they’ve achieved what they have in spite of this, not because of it.  For many of these people, their personal relationships were and are a mess.  Still, because of some other powerful qualities, they have achieved – at least financially – some huge success.  Even though such examples are rare, they do happen.

Most of us, on the other hand, need very powerful people skills to succeed not only in business but in all areas of life.

I believe that success in life is based on 10 percent technical skills and 90 percent people skills.

Of course, technical skills are hugely important.  Talent counts; ability counts; competence counts.  However, they are simply the baseline – they get you into the game.  Some of the most talented people in the world accomplish very average results because they have not mastered the people skills and influence skills that elicit the necessary action, buy in, or commitment from others.

How much more effective do you feel you would be with people – whether they’re friends or loved ones, colleagues or customers – if you mastered Ultimate Influence?

If you already excel in this area, you’re going to enjoy the principles we look at in Adversaries into Allies because they will make you even more effective than you already are.  If, on the other hand, you feel as though your influence and persuasion skills are currently not among your strengths, you are going to really enjoy what you’re about to read.

The information in this book will open up a whole new world for you in terms of both your personal and professional effectiveness.  You’ll also quickly see that these concepts are pretty simple to grasp.

As you know, simple doesn’t always mean easy.  However, one of the key aspects in terms of learning my Ultimate Influence Principles is that they are easy to put into practice.  You will find them so intuitive that applying them will be natural, easy, and ver, very fun.

So let’s get started!

March 26, 2021

Love-Tax-JokesGood morning.
Investing isn’t just about valuations and how a company is performing.  It also involves second-level thinking, particularly about how others think about the market.  That can lead to some counter-intuitive observations.  For instance, bad news is typically good news for stocks.  Why?  Bad news increases the likelihood of further monetary and fiscal stimulus.  While that may be dangerous in the long-term, the market tends not to think that far ahead.
Case in point?  The latest jobless claims.  Reaching a pandemic low, and well below expectations, the market took a steep dive in early trading on Thursday.  With policies still in place to prop up the economy however, stocks were able to claw their way back to breakeven by early afternoon.

Have you observed any counter-intuitive situations like this when investing?

Hit reply and share your stories.

Now here’s the rest of the news:

How to Waste More Than a Trillion Dollars –Robert P O’Quinn, National Review
Never has such a massive policy as the president’s ‘stimulus’ package come at a time that is more inconsistent with economic reason. [Read Here]

March 26, 2020

I say we stopGood morning.  Wow!
That took awhile.  For the first time since February 12, 2020 the S&P 500 posted two consecutive up days.  While it looked like it was in jeopardy going into the close following stimulus hang-ups, it was able to complete the first step to its healing process.

All our hearts go out to those grieving or ill due to this terrible virus, and to those Canadians who have been laid off work or whose businesses have been forced to close.
These continue to be very challenging times.  We’re all doing our very best to adjust and keep our families healthy & safe.  Only a few weeks ago, the world was normal: We could move around freely and safely.  Now, we need to keep our social distance and worry for our loved ones and the welfare of all Canadians.

March 26, 2019

Arguments Help Innovation, Decision-Making

It is common knowledge that Orville and Wilbur Wright battled doubt, lack of money and gravity on their way to aviation history at Kitty Hawk, N.C.  What is not widely known is that they succeeded precisely because they challenged each other.

I was struck by an article in “Bits & Pieces” about how the Wright brothers argued every decision ferociously — so much so that acquaintances wondered how they could keep working together.

I read an article about how couples should fight for their relationship, not to win the argument.  I think it also applies to the workforce.  Every relationship, no matter how happy, suffers its share of conflict and argument.  If it’s going to endure, both parties need to know how to fight fair.  Follow these rules for arguments:

  • Address issues promptly.  Don’t let resentments simmer.  If something bothers you, bring it up within a reasonable amount of time (48 hours or so).
  • Treat each other with respect.  Refrain from name-calling, accusations and absolutes like “You always” and “You never.”  Keep your voices calm and make an effort to really listen to the other person’s point of view.  Or as South African cleric Desmond Tutu put it, “Don’t raise your voice, improve your argument.”
  • Keep it private.  Don’t argue in front of others.  lf necessary, make an appointment to discuss the issue.
  • Don’t let it drag on.  Try to set a time limit for resolving the issue.  Most arguments shouldn’t last more than 15 minutes.

So the next time you find yourself in an argument or debate, treat your opponents the “Wright” way.  Treat them like family.  Harvey Mackay’s Moral:

“Great minds don’t always think alike.”  

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Come From Aways, Do You?

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