All posts by administrator

Clifford Taylor Fleischbein has been in full-time self-employment since 1975 earning revenue as a entrepreneur consultant, with the most recent passage of twenty years generating income from On-demand services for Information technology consulting, Database Management, Marketing, Change Management, and Customer relationship management job projects.

The Sons of Camplin – Loosen Up Naturally

Being a Rock-n-Roll-Band guitar player since 1966, I got turned on to THE SONS at a concert they played outdoors at Diablo Valley College (Pleasant Hill / Concord, CA) the summer of 1971. I bought and still have most of the Sons LPs. I will forever by grateful and influenced in my music by these musicians. What an awesome blend of instrument sounds and incredible grooves! The story line in the songs mean a lot to me. Thank you Sons of Champlin. God bless you, Bill !

Sons of Champlin
Recorded Live: 10/4/1975 – Winterland (San Francisco, CA)

More The Sons of Champlin at Music Vault: http://www.musicvault.com
Subscribe to Music Vault: http://goo.gl/DUzpUF

Setlist:
0:00:00 – Slippery When It’s Wet
0:04:33 – Saved By The Grace Of Your Love
0:08:54 – For A While
0:13:46 – There Goes Your All Night
0:16:57 – Like To Get To Know You
0:23:49 – We Can Make It
0:28:45 – Lookout
0:33:08 – Turn On Your Lovelight / Drum Solo / Gold Mine
0:44:11 – Freedom / Get High

Personnel:
Bill Champlin – guitar, keyboards, lead vocals
Terry Haggerty – guitar, vocals
Geoff Palmer – keyboards, vocals
Dave Schallock – bass, vocals
James Preston – drums, percussion
Phil Wood – trumpet
Michael Andreas- sax
Steve Frediani – sax

Free Candy Bar over Free 10 oz Silver Bar

People Choose Free Candy Bar over Free 10 oz Silver Bar (Worth $150) in Experiment

Media analyst Mark Dice offers random people their choice of a Hershey chocolate bar or a 10 oz silver bar (Worth $150) in an experiment. You have to see what happened next!

*SUBSCRIBE* for NEW enlightening videos DAILY. Let everyone know what you think by sounding off in the comments section, give this video a thumbs up if you liked it and share it with your friends on social media to spread the word!
http://www.YouTube.com/MarkDice
http://www.Facebook.com/MarkDice
http://www.Twitter.com/MarkDice
http://Instagram.com/MarkDice
http://www.MarkDice.com

Usain Bolt has got nothing on Leonidas of Rhodos.

Usain Bolt has got nothingUsain-Bolt-olympic-runner
on Leonidas of Rhodos

Born nearly 2,000 years ago, Leonidas holds the record as the greatest sprinter of all time, winning more Olympic titles than anyone else in human history.

Leonidas-of-RhodosAt four straight Olympic games, Leonidas dominated all three sprinting events– the Stadion (roughly 200 meters), Diaulos (roughly 400 meters), and the bizarre Hoplitodromos– a 400 meter dash carrying 50 pounds of military gear.

Bear in mind that he competed at a time when there was only a prize for first place. Second place was first loser.

(And they didn’t hand out medals to all the kids just for participating.)

As such, Leonidas was a legend in his own time and was decorated accordingly.

Just like today, in fact, many ancient Greek athletes were rewarded by their city-states for an Olympic victory.

In Athens, the government would award prize money that was equivalent to about 500 sheep.

This was a highly coveted back then; livestock was considered a symbol of wealth and power, so a vast flock of sheep in Ancient Greece may have been the Maserati of its day.

I was particularly interested when I read this because I own some sheep in Chile; they cost the equivalent of about fifty to sixty US dollars in the marketplace.

It’s roughly the same price in the United States for young lamb and slaughter ewes (female sheep) based on USDA data.

But what really floored me was when I found out that the United States Olympic Committee hands out $25,000 in prize money to gold medal winners– roughly the amount necessary to buy a flock of 500 sheep today.

So over 2,000 years later, the prize money for champions is more or less the same.

Now, let’s consider which of these two is more valuable: $25,000 worth of sheep, or $25,000 worth of fiat money (paper currency).

Fiat money sits in a bank account earning a yield of 0.5%.

(Or if you’re really unlucky, you might even have the privilege of paying your bank interest like they do here in parts of Europe.)

Sheep, on the other hand, yield… more sheep.

Depending on breed, the typical conception rate for sheep is between 65% to 95%, with a gestation period of about 5 months.

So a herd can expand dramatically in a typical breeding season, producing meat, milk, and wool along the way.

Fiat money produces nothing. At least, not for you.

It remains in the hands of the bank where they make the most bonehead financial decisions with it, parking it whatever risky investment fad gets them the biggest annual bonus.

They’ll further act as unpaid agents of the government, freezing you out of your own savings in a heartbeat.

And if you request to withdraw your own money, they treat you like a criminal terrorist.

Now, I’m not trying to convince you to empty your bank account and go buy a flock of sheep.

The point is that productive assets stand the test of time. Paper currency does not.

Always remember that history is inflationary. And while there may be some aberrant years, holding cash will gradually erode your savings.

It’s imperative to make smart, long-term financial decisions. Seek stores of value that can stand the test of time.

In fairness, that’s easier said than done in an environment where every conventional asset class is in a bubble.

Stocks are at all-time highs. Bonds are at all-time highs (earning negative yields in some cases). Banks are perilously illiquid. Many real estate markets are frothy once again.

So it’s a tall order to find safety and stability– at least, within conventional finance.

Outside the mainstream, though, there are plenty of compelling options.

An heirloom Patek Phillipe wristwatch will likely be a much better store of value to pass on to your grandkids than the usual gift of a US government savings bond.

Productive real estate (including agriculture) can also be a much better alternative than letting money sit in a bank account. It’s like gold, with yield. And the added benefit of providing a place to stay, or even food on the table.

Privately held businesses can also be a great option as they can often be purchased at very low multiples on their earnings, generating instant yields of 40% or more.

And even though most stock are hovering at bubble levels, there are some deep value options available where you can buy shares of a well-managed, profitable business for less than the value of its net assets.

What Happens to Meat When You Grill It?

Here’s What Happens to Steak When You Grill It

By Dr. Mercola

Eighty percent of US households own a grill or smoker, and 97 percent of grill owners have used it in the past year.  It’s safe to say Americans love to grill, particularly on holidays like the Fourth of July, Memorial Day, and Labor Day, but also year-round (60 percent of grillers do so all year).

As for why Americans adore grilling, the Hearth, Patio & Barbecue Association (HPBA) said the top reasons include its good taste and convenience.  Many also find it personally satisfying to grill outdoors while others find it a great way to entertain and spend time at home.

Grilled-Meat-What-Happens-to-the-meat-when-grilledWhat Happens to Meat When You Grill It?

If you’ve ever wondered about the science behind grilled meat, check out TIME’s video, above.  It starts out with an explanation of what makes red meat red, and contrary to popular belief, it isn’t blood.

The red liquid is actually a mixture of water and a protein called myoglobin, whose purpose is to help ship oxygen to muscle cells. Myoglobin is deeply pigmented, which is why the more myoglobin a meat contains, the darker (or redder) the meat will be.

The level of myoglobin in meat is what ultimately dictates whether it will be “red,” “dark,” or “white.” The muscles in red meat are used for standing, walking, and other frequent activity, and they’re made up of slow-twitch muscle fibers. Red meats’ high levels of myoglobin make it red or dark in color.

The color changes that occur as meat is cooked are also due to myoglobin. In red meat, myoglobin changes from red to tan and grayish brown as it is heated. As reported by The New York Times, this color change also has to do with moisture, which is why well-done meat that’s turned gray-brown is often dry:

“Oxygenated myoglobin is red, but when its structure is changed by heat or by other molecules, it changes color. That’s why redness in cooked meat signifies juiciness: As meat cooks, the heat causes the other meat proteins to coagulate and squeeze out their moisture.
Myoglobin stays unchanged and red as the meat juices flow, then turns from red to gray-brown as the release of moisture ends and the meat becomes dry.”

The Maillard Reaction is also involved. This occurs due to a chemical reaction between amino acids and sugars in the meat, which results in browning as well as the flavor of cooked meat.

You can further alter the flavor of the meat depending on whether you use a gas or charcoal grill. Compounds from the charcoal, woodchips, and smoke they create will permeate the meat, adding a more “authentic” grilled flavor.

Why Grilling Isn’t the Healthiest Choice for Cooking Your Meat

Grilling is, unfortunately, not one of the healthiest ways to cook your meat. Cooking at high temperatures, such as occurs during grilling, leads to the creation of toxic chemicals such as heterocyclic amines (HCAs), which are linked to cancer.

Avoiding charring your meat can help to some extent, as the blackened section is the worst in terms of HCAs, but it will not completely eliminate your risk. For instance, when fat drips onto the heat source, causing excess smoke, the smoke surrounds your food.

Along with adding that “flame-grilled” flavor to your meat, it can transfer cancer-causing polycyclic aromatic hydrocarbons (PAHs)as well. Both HCAs and PAHs are mutagenic, which means they cause changes in DNA that may increase cancer risk and have been found to cause cancer in animals.

So just how much of a cancer risk are you really taking when you eat grilled meat?  Scientists have estimated the average cancer risk due to heterocyclic amine exposure ranges from 1 per 10,000 for the average person to more than 1 per 50 for those ingesting large amounts of well-done muscle meats (beef, pork, fish, poultry), especially flame-grilled chicken.

Other research shows:

  • People who regularly eat well-done meat cooked at high temperatures have a 60 percent greater risk of pancreatic cancer
  • A diet high in HCAs has been linked to tumors in the breast, colon, liver, skin, lung, prostate, and other organs in animals
  • Animals fed PAHs developed leukemia and tumors of the gastrointestinal tract and lungs
Avoid Barbecue Sauce, Marinate Your Steak in Beer Instead

Not ready to give up grilling? At least resist smothering your steak in barbecue sauce. Such sauces, which are traditionally made with sugar and tomatoes, have been found to cause a significant increase in chemical formation – “doubling and even tripling” levels of HCAs after 15 minutes of cooking.

A far better option is to marinate the steak in beer. When researchers marinated pork loin steaks in beer for four hours, then grilled it to well-done on a charcoal grill, it lead to significantly lower amounts of PAHs in the meat.  The darker, presumably more antioxidant-rich beer, had the best effect. Specifically, compared to non-marinated pork loin:

  • A pale lager marinade (pilsner) reduced the formation of PAHs by 36.5 percent
  • A non-alcoholic pilsner marinade reduced formation by 25 percent
  • A black beer marinade (a dark lager) reduced PAHs by 68 percent

Past research also showed that marinating steak in red wine or beer for six hours before cooking cut levels of two types of HCAs by up to 90 percent.  Beer was also efficient at reducing a third type of HCA, cutting levels significantly in just four hours. In this study, the meat was pan-fried, not grilled, a method also known to create toxic byproducts.

Spices Are Your Friend When Grilling

You probably wouldn’t dream of throwing meat on the grill before applying your favorite spice rub, and this is a very good thing. Aside from adding flavor, spices and other marinades (such as vinegar and olive oil) can significantly cut back on the number of toxic cooking byproducts produced.

In one study, adding a spice blend to burgers reduced the level of malondialdehyde, a chemical marker for oxidation, in the meat by 71 percent and levels in participants’ urine by 49 percent.

Marinating steaks in a mixture of oil, water, and vinegar (without spices) was also effective at decreasing HCAs, as are commercial marinades. Each significantly decreased HCAs, as follows:

  • The Caribbean mixture decreased total HCA content by 88 percent
  • The herb marinade decreased HCAs by 72 percent
  • The Southwest marinade decreased HCAs by 57 percent

Since most store-bought marinades are far from healthy (they typically contain corn syrup, MSG, and other additives), I highly recommend making your own at home.  Fortunately, there are beneficial marinade ingredients available that will suit virtually everyone’s tastes.  For instance, the following ingredients have all been shown to be effective at lowering HCAs in various meats. Depending on your preference, you can add them in directly to the meat (such as in hamburgers), via marinade or using a dry rub:

  • Cherries, Dried plums, Apples, Garlic
  • Virgin olive oil, Teriyaki marinade, Turmeric, Onions
  • Rosemary, Grape seed extracts, Cider vinegar, Mustard
  • Lemon juice, Cloves, Cinnamon, Oregano
  • Black pepper, Paprika, Ginger
  • Make Your Steak Grass-Fed

Just as important as cooking method is choosing a high-quality source for your meat. I’ve often said that the differences between organic, pastured beef and that from animals raised in concentrated animal feeding operations (CAFOs) is so great that you’re really talking about two completely different animals (and the same applies to other animal meats, and animal products, such as dairy and eggs). The natural diet for ruminant animals, such as cattle, is plain grass. When left to their own devices, cattle will not graze on corn or soybeans.

Just as in humans, poor gut health in animals promotes disease. This radically altered diet also affects the nutritional composition of the meat. For example, when raised on a grass-only diet, levels of conjugated linoleic acid (CLA) are three to five times higher in the meat compared to CAFO beef. CLA has been found to have a wide array of important health benefits, from fighting cancer to decreasing insulin resistance and improving body composition.

Grass-fed beef also tends to be leaner, and have higher levels of vitamins and minerals such as calcium, magnesium, and potassium. It also has a healthier ratio of omega-6 to omega-3 fats. Unless labeled as grass-fed, virtually all the meat you buy in the grocery store is CAFO beef, and tests have revealed that nearly half of the meat sold in US stores is contaminated with pathogenic bacteria — including antibiotic-resistant strains.

Grass-fed beef is not associated with this high frequency of contamination, and their living conditions have everything to do with this improved safety. Currently, meat in supermarkets will be labeled 100% grass-fed if it came from pasture, but if it contains no label it’s probably CAFO-raised. Ideally, look for a reputable source of grass-fed beef from a local farm or food coop near you.

If You’re Going to Grill, This Can Make It Safer

As reported in the Natural Medicine Journal, eating a diet rich in vegetables (especially spinach and cruciferous varieties) and fermented foods will help to neutralize the negative effects of HCAs and other cooking byproducts.

So if you eat grilled food, be sure you’re eating plenty of vegetables and fermented foods as well… and if you drink alcohol, feel free to have an occasional beer along with it. It turns out the yeast beer contains may also help mitigate HCA toxicity, especially when consumed in close proximity in time to when the grilled meat is eaten.  Further, while I do recommend limiting the amount of grilled foods you consume, if you’re going to grill the following tips can help to cut down on the cooking toxins created:

  • You can reduce the amount of PAHs when you grill by not cooking fatty meats and by trimming the fat off before you grill.
  • When grilling, cook your food with indirect heat, such as on a rack rather than directly on the coals. Cooking on a cedar plank is also helpful.
  • Always avoid charring your meat (and don’t eat the black or brown parts).
  • Cook meat partially before putting it on the grill, or cook smaller pieces of meat, which take less time to cook, and therefore give HCAs less time to form.
  • You can reduce the amount of another cooking byproduct, advanced glycation end products (AGEs), in your food by using an acidic marinade that contains lemon juice or vinegar.
  • Marinating meats before grilling or broiling them can reduce HCAs (according to some experts by 90 percent or more). However, only use natural ingredients for marinades and keep the coating thin to avoid charring.
  • Flip your burgers often, as this will help cut down on HCAs.
  • Add blueberries, cherries, garlic, or spices to your burgers, as they can also help prevent the formation of HCAs.
  • Adjust your cooking temperature, even when using your oven. Increasing oven temperature from 392 degrees F to 482 degrees F may triple the amount of HCAs created in beef.
  • Avoid grilling hot dogs, bratwurst, and other processed meats, as these seem to be among the worst offenders.
  • If grilling chicken, remove the skin prior to cooking, and don’t eat the skin if you do cook it, as it has the highest HCA content.
  • Only grill high-quality, organic and grass-fed meats.
  • Cook the meat as little as possible – rare or medium-rare at the absolute most. You can also quickly sear the meat on both sides, leaving the inside mostly raw. This gives the illusion that you’re eating cooked meat, with many of the benefits of raw.

Remember, with HCAs, the longer the cooking time and the higher the heat, the more HCAs.

HOW Emotionally Intelligent People Cope With Toxic People

Source: http://www.inc.com/drew-hendricks/8-ways-emotionally-intelligent-people-deal-with-toxic-people.html

8 Ways Emotionally Intelligent People Deal With Toxic People

Toxic people poison those around them, and gain satisfaction from creating disorganization and a stressful atmosphere.

Life is stressful enough for most of us. Allowing a toxic individual to ravage your immediate environment can cause havoc in your mental well-being, which can lead to physical challenges.

A bad state of mind not only affects your physical well-being but How-To-Deal-With-Toxic-People-300x225makes it difficult for you to respond calmly under pressure. Ninety percent of top performers are skilled at managing their emotions, so your ability to perform effectively can be affected if you do not adopt strategies that will allow you to deal with toxic people.

1. Successful People Establish Boundaries

There is a fine line between being friendly and allowing somebody to lead you down a path that jeopardizes your ability to remain effective. Successful people understand this and do not allow the toxic among them to take charge, but rather choose to set effective boundaries.

2. No One Limits Their Joy

How much do the words of those around you affect your state of mind? Successful people have mastered the ability to ensure that the negative remarks of others do not affect their strong sense of accomplishment. Toxic people like to break you down with rude, hurtful comments, and gain satisfaction from watching you fall apart.

Learn to react less to the opinions of others, especially those you know do not have your well-being at heart.

3. They Have Mastered the Art of Rising Above

From a seminar session by John Rampton when he was on stage at the 2014 TC Disrupt, we learn that:

“By mastering the act of rising above, successful people are able to remain rational and calm in the presence of the irrational and chaotic. They master rising above the rest, no matter what the circumstance.”

4. They Are Solution Focused

Do you spend more time focused on the negative person and how they affect your life than on achieving your goals? If so, then you have a problem. Instead of focusing on the negative, focus on your goals.

5. They Understand the Importance of Support

Reach out to your mentors, chances are, they have experienced what you are going through. There is a good chance that co-workers, team members, even family and friends have useful tips to help you get by. The emotionally intelligent understand how to tap into their resources to get through the challenges of working with toxic people.

6. They Are Aware

Self-awareness is important, because it involves knowing what it takes to push your buttons in order to prevent it from happening. Lack of emotional control is a great way to empower the toxic people in your life.

7. Forget-Me-Nots

Being forgiving comes with being emotionally intelligent. It allows you to remain unburdened by the mistakes of others and to have peace of mind. But being forgiving does not mean forgetting whom you can and cannot trust. It just means you stop wasting mental energy on those you cannot trust.

8. They Store Their Energy for Better Opportunities

As I have mentioned several times, the toxic thrive on chaos, and will do anything to have the ability to take you down to their level. Learning to understand your limits will help you to stay away from dangerous situations. Choose your battles wisely, and conserve your energy for bigger and better things.

Final Thoughts

Those we look up to as being the “bigger person” or as being able to conduct themselves in the most challenging of situations do not have a magic solution in their back pockets, but they have worked hard to become emotionally intelligent people. What are some of the challenges you have experienced with toxic people?

Related Reading:

How Successful People Handle Toxic People

Truly a Match Made in Heaven, After the Funeral

Mom-is-deadAn unmarried daughter was sobbing at her Mom’s funeral, but she did not expect to encounter this because funerals are a somber moment, aren’t they?

It’s hard to imagine a situation where you would find a funeral light and funny, but maybe it’s something like that when you need to keep your perspective on more important things in life.

Consumed by my loss, I didn’t notice the hardness of the pew where I sat. I was at the funeral of my dearest friend, my mother. She finally had lost her long battle with cancer.

The hurt was so intense; I found it hard to breathe at times. Always supportive, mother clapped loudest at my school plays, held a box of tissue while listening to my first heartbreak, comforted me at my father’s death, encouraged me in college, and prayed for me my entire life. When mother’s illness was diagnosed, my sister had a new baby and my brother had recently married his childhood sweetheart, so it fell on me, the 27 year old middle child with no entanglements to take care of her.

I felt it an honor. “What now?” I asked sitting in church. My life stretched out before me as an empty abyss. My brother sat stoically with his face toward the cross while clutching his wife’s hand. My sister sat slumped against her husband’s shoulder, his arms around her as she cradled their child.

All so deeply grieving, no one noticed I sat alone. My place had been with our mother, preparing her meals, helping her walk, taking her to the doctor, seeing to her medication.

Now she was gone. My work was finished, and I was alone. I heard a door open and slam shut at the back of the church. Quick steps hurried along the carpeted floor. An exasperated young man looked around briefly and then sat next to me. He folded his hands and placed them on his lap. His eyes were brimming with tears. He began to sniffle, “I’m late,” he explained, though no explanation was necessary.

After several eulogies, he leaned over and commented, “Why do they keep calling Mary by the name of Margaret?”

“Because that was her name, Margaret. Never Mary. No one called her Mary”, I whispered. I wondered why this person couldn’t have sat on the other side of the church. He interrupted my grieving with his tears and fidgeting. Who was this stranger anyway?

“No, that isn’t correct,” he insisted, as several people glanced over at us whispering, “Her name is Mary, Mary Peters. That isn’t who this is? Isn’t this the Lutheran church?”

“No, the Lutheran church is across the street, I believe you’re at the wrong funeral, sir.” The solemnness of the occasion mixed with realization of the man’s mistake bubbled up inside me and came out as laughter. I cupped my hands over my face hoping it would be interpreted as sobs. The creaking pew gave me away. Sharp looks from other mourners only made the situation seem more hilarious.

I peeked at the bewildered, misguided man seated beside me. He was laughing too, as he glanced around deciding it was too late for an uneventful exit. I imagined my mother laughing. At the final Amen, we darted out a door and into the parking lot. “I do believe we’ll be the talk of the town,” he smiled.

He said his name was Rick and since he had missed his aunt’s funeral, he asked me out for a cup of coffee. That afternoon began a lifelong journey for me with this man who attended the wrong funeral, but was in the right place.

A year after our meeting, we were married at a country church where he was the assistant pastor. This time we both arrived at the same church, right on time. In my time of sorrow, he gave me laughter. In place of loneliness, I now have love. This last month June past and  we celebrated our twenty second anniversary.  Whenever anyone asks us how we met, Rick tells them “Her mother and my Aunt Mary introduced us, and it’s truly a match made in Heaven.”

People Get Ready ~ Jeff Beck with Rod Stewart

People Get Ready

Song by Jeff Beck, Rod Stewart

jeff-beck-rod-stewart

(Chorus)
People get ready
There’s a train a-coming
You don’t need no baggage
You just get on board
All you need is faith
To hear the diesels humming
Don’t need no ticket
You just thank the Lord

(Verse 1)
People get ready
For the train to Jordan
Picking up passengers
From coast to coast
Faith is the key
Open the doors and board them
There’s room for all
Among the loved the most

(Verse 2)
There ain’t no room
For the hopeless sinner
Who would hurt all mankind
Justs to save his own
Have pity on those
Whose chances are thinner
Cause there’s no hiding place
From the Kingdom’s Throne

(Chorus)
So people get ready
For the train a-comin’
You don’t need no baggage
You just get on board
All you need is faith
To hear the diesels humming
Don’t need no ticket
You just thank, you just thank the Lord

Yeah
Oh
Yeah
Oh
I’m getting…

Why Steve Jobs Didn’t Let His Kids Use iPads

Source: http://nextshark.com/why-steve-jobs-didnt-let-his-kids-use-ipads-and-why-you-shouldnt-either/
If you fall within the Gen-Y era like us, chances are you’ve given a bunch of thought as to how you would raise your own children in this day and age (assuming you don’t have children already). Especially with technology, so much has changed since our childhoods in the 90s. Here’s one question: Would you introduce the technological wonder/heroin that is the iPod and iPad to your kids?

Steve Jobs wouldn’t, and for good reason too.

Steve-Jobs-and-family

In a Sunday article, New York Times reporter Nick Bilton said he once assumingly asked Jobs, “So your kids must love the iPad?”

Jobs responded: “They haven’t used it. We limit how much technology our kids use at home.” Especially in Silicon Valley, there is actually a trend of tech execs and engineers who shield their kids from technology. They even send their kids to non-tech schools like the Waldorf School in Los Altos, where computers aren’t found anywhere because they only focus on hands-on learning.

There is a quote that was highlighted in The Times by Chris Anderson, CEO of 3D Robotics and a father of five. He explains what drives those who work in tech to keep it from their kids.

“My kids accuse me and my wife of being fascists and overly concerned about tech, and they say that none of their friends have the same rules… That’s because we have seen the dangers of technology firsthand. I’ve seen it in myself, I don’t want to see that happen to my kids.”

If our current addictions to our iPhones and other tech is any indication, we may be setting up our children for incomplete, handicapped lives devoid of imagination, creativity and wonder when we hook them onto technology at an early age. We were the last generation to play outside precisely because we didn’t have smartphones and laptops. We learned from movement, hands-on interaction, and we absorbed information through books and socialization with other humans as opposed to a Google search.

Learning in different ways has helped us become more well-rounded individuals — so, should we be more worried that we are robbing our children of the ability to Snapchat and play “Candy Crush” all day if we don’t hand them a smartphone, or should we more worried that we would be robbing them of a healthier, less dependent development if we do hand them a smartphone? I think Steve Jobs had it right in regard to his kids.

So the next time you think about how you will raise your kids, you may want to (highly) consider not giving them whatever fancy tech we’ll have while they are growing up. Play outside with them and surround them with nature; they might hate you, but they will absolutely thank you for it later, because I’m willing to bet that’s exactly how many of us feel about it now that we are older

Zero To One ~ Peter Thiel

“EVERY MOMENT IN BUSINESS HAPPENS ONLY ONCE”.

The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin won’t make a search engine. And the next Mark Zuckerberg won’t create a social network.  If you are copying these guys, you aren’t learning from them.  It’s easier to copy a model than to make something new:  doing what we already know how to do takes the world from 1 to n, adding more of something familiar.

But every time we create something new, we go from 0 to 1. The act of creation is singular, as is the moment of creation, and the result is something fresh and strange.

Zero to One is about how to build companies that create new things. It draws on everything Peter Thiel has learned directly as a co-founder of PayPal and Palantir and then an investor in hundreds of startups, including Facebook and SpaceX.  The single most powerful pattern he has noticed is that successful people find value in unexpected places, and they do this by thinking about business from first principles instead of formulas.

Ask not, what would Mark do?  Ask: WHAT VALUABLE COMPANY IS NOBODY BUILDING? “– “Thiel starts from the bold premise that we live in an age of technological stagnation, even if we’re too distracted by our new mobile devices to notice.

Progress has stalled in every industry except computers, and globalization is hardly the revolution people think it is.  It’s true that the world can get marginally richer by building new copies of old inventions, making horizontal progress from “1 to n.”  But true innovators have nothing to copy.

The most valuable companies of the future will make vertical progress from “0 to 1,” creating entirely new industries and products that have never existed before.

Zero to One is about how to build these companies. Tomorrow’s champions will not win by competing ruthlessly in today’s marketplace.  They will escape competition altogether, because their businesses will be unique. In today’s post-internet bubble world, conventional wisdom dictates that all the good ideas are taken, and the economy becomes a tournament in which everyone competes to reach the top.

Zero to One shows how to quit the zero-sum tournament by finding an untapped market, creating a new product, and quickly scaling up a monopoly business that captures lasting value. Planning an escape from competition is essential for every business and every individual, not just for technology startups.  The greatest secret of the modern era is that there are still unique frontiers to explore and new problems to solve.


Seven Questions Every Startup Business Must Answer

Since 2012, many companies in the “CleanTech Industry” have crashed; gone out of business or filed for bankruptcy because they neglected one or more of the following seven questions:

  1. The Engineering Question

Can you create breakthrough technology instead of incremental improvements?

A great company should have proprietary technology an order of magnitude better than its nearest substitute.  Companies must strive for 10x better because merely incremental improvements often end up meaning no improvement at all for the consumer.  Only when your product / service is 10x better can you offer the customer transparent  superiority.

2.  The Timing Question (chapter 2)

Is now the right time to start your particular business?

Entering a slow-moving market can be a good strategy, but only if you have a definite and realistic plan to take it over.

3. The Monopoly Question (chapter 3)

Are you starting with a big share of a small market?

Exaggerating your business’s own uniqueness is an easy way to botch the monopoly question.  You can’t dominate a submarket if it’s fictional, and huge markets are highly competitive, not highly attainable.

4. The People Question (chapter 9 and 10)

Do you have the right team?

Never invest in a tech CEO that wears a suit.  The best sales is hidden.  There’s nothing wrong with a CEO who can sell, but if he actually looks like a salesman, he probably bad at sales and worse at tech.

5. The Distribution Question (chapter 11)

Do you have a way to not just create but deliver your product?

The world is not a laboratory: selling and delivering a product / service is at least as important as the product / service itself.  Technical challenges can be overcome successfully, but its the other obstacles that can not be overcome.

6. The Durability Question (chapter 6)

Will your market position be defensible 10 and 20 years into the future?

Every entrepreneur should plan to be the last mover in her particular market.  That starts with asking yourself: what will the world look like 10 and 20 years from now, and how will my business fit in?

7. The Secret Question (chapter 8)

Have you identified a unique opportunity that others don’t see?

Great companies have secrets: specific reasons for success that other people don’t see.


“Zero to One shows how to pursue them using the most important, most difficult, and most underrated skill in every job or industry: thinking for yourself”– Peter Thiel


Conclusion: Stagnation or Singularity?

If even the most farsighted founders cannot plan beyond the next 20 and 30 years, is there anything to say about the very distant future?  We don’t know anything specific, but we can make out the broad contours.  Philosopher Nick Bostrom describes four possible patterns for the future of humanity.

The ancients saw all of history as a never-ending alternation between prosperity and ruin.  Only recently have people dared to hope that we might permanently escape misfortune, and it’s still possible to wonder whether the stability we take for granted will last.

recurrent-collapse

However, we usually suppress out doubts.  Conventional wisdom seems to assume instead that the whole world will converge toward a plateau of development similar to the life of the richest countries today.  In this scenario, the future will look a lot like the present.

plateau

Given the interconnected geography of the contemporary world and the unprecedented destructive power of modern weaponry, it’s hard not to ask whether a large-scale social disaster could be contained were it to occur.  This what fuels our fears of the third possible scenario: a collapse so devastating that we won’t survive it.

Extinction

The last of the four possibilities is the hardest one to imagine: accelerating takeoff toward a much better future.  The end result of such a breakthrough could take a number of forms, but any one of them would be so different from the present as to defy description.

takeoff

Which of the four will it be?

Recurrent collapse seems unlikely: the knowledge underlying civilization is so widespread today that complete annihilation would be more probable than a long period of darkness followed by recovery.  However, in case of extinction, there is no human future of any kind to consider.

If we define the future as a time that looks different from the present, then most people aren’t expecting any future at all; instead, they expect coming decades to bring more globalization, convergence, and sameness.  In this scenario, poorer countries will catch up to richer countries, and the world as a whole will reach an economic plateau.  But even if a truly globalized plateau were possible, could it last?  In the best case, economic competition would be more intense than ever before for every single person and firm on the planet.

However, when you add competition to consume scarce resources, it’s hard to see how a global plateau could last indefinitely.  Without new techology to relieve competitive pressures, stagnation is likely to erupt into conflict.  In case of conflict on a global scale, stagnation collapses into extinction.

That leaves the fourth scenario, in which we create new technology to make a much better future.  The most dramatic version of this outcome is called the Singularity, an attempt to name the imagined result of new technologies so powerful as to transcend the current limits of our understanding.  Ray Kurzweil, the best-known Singularitarian, starts from Moore’s law and traces exponential growth trends in dozens of fields, confidently projecting a future of superhuman artificial intelligence.  According to Kurzweil, “the Singularity is near,” it’s inevitable, and all we have to do is prepare ourselves to accept it.

But no matter how many trends can be traced, the future won’t happen on its own.  What the Singularity would look like matters less than the stark choice we face today between the two most likely scenarios: nothing or something.  It’s up to us.  We cannot take for granted that the future will be better, and that means we need to work to create it today.

Whether we achieve the Singularity on a cosmic scale is perhaps less important than whether we seize the unique opportunities we have to do new things in our own working lives.  Everything important to us — the universe, the planet, the country, our company, your life, and this very moment — is singular.

Our task today is to find singular ways to create the new things that will make the future not just different, but better — to go from 0 to 1.  The essential first step is to think for yourself.  Only by seeing our world anew, as fresh and strange as it was to the ancients who saw it first, can we both re-create it and preserve it for the future.

I assumed you stole the car !

The light turned yellow at the intersection just in front of him.

He did the right thing and stopped at the crosswalk, even though he could have beaten the red light by accelerating through the intersection.

The tailgating woman behind him was furious and honked her horn, screaming in frustration, as she missed her chance to get through the intersection.

assumed-stolen-carAs she was still in mid-rant, she heard a tap on her window and looked up into the face of a very serious police officer.

The officer ordered her to exit her car with her hands up.

He took her to the police station where she was searched, fingerprinted, photographed and placed in a holding cell.

After a couple of hours, a policeman approached the cell and opened the door.

She was escorted back to the booking desk where the arresting officer was waiting with her personal effects.

He said, ”I’m very sorry for this mistake. You see, I pulled up behind your car while you were blowing your horn, giving the guy in front of you the finger and cursing at him.

I noticed the ‘What Would Jesus Do’ bumper sticker, the ‘Choose Life’ license plate holder, the ‘Follow Me to Sunday-School’ bumper sticker, and the chrome-plated Christian fish emblem on the trunk,

so naturally ……

I assumed you had stolen the car.”

Run to the Battle: Maverick Theme Song (by Steve Camp)

MAVERICK:  a person who refuses to follow the customs or rules of a group without breaking the Law (or disobedience to God’s calling); in the world but not of the world; not part of the herd; Unbranded (no-denomination), free roaming (itinerant evangelist); while listening with discernment.. managed and directed by no one, but God.

1 Chronicles 4:9-10

New King James Version (NKJV)

Now Jabez was more honorable than his brothers, and his mother called his name Jabez,[a]saying, “Because I bore him in pain.” 10 And Jabez called on the God of Israel saying,

Oh, that You would bless me indeed, and enlarge my territory, that Your hand would be with me, and that You would keep me from evil, that I may not cause pain!”

So God granted him what Jabez requested.

Lord, this too is my prayer… show Your favor and financial blessing so I too may extend a hand of favor to those in my circle of influence.

In JESUS name, I pray.

Andrew Carnegie’s Weird “Wealth Machine” to Help Secure Their Retirements

Andrew-CarnegieDuring his lifetime, Andrew Carnegie became one of the wealthiest men on the planet. Before he began giving away his wealth, his net worth was valued at $475 million — the equivalent of about $75 billion in today’s dollars.

It’s been almost 100 years since Carnegie died. Today, he is remembered most for building Carnegie Hall in New York City and establishing the modern U.S. library system. Both are still in existence today, a remarkable testament to Carnegie’s legacy.

But did you know Carnegie created something else before he died that’s helped tens of thousands of people to secure their retirements?

Carnegie had a soft spot for American educators. He wanted to help provide professors at schools like Harvard, Princeton, Yale, Stanford, and Columbia with financial security in their old age. So in 1905, he gave $10 million to set up America’s very first variable annuity.

From $10 Million to $279 Billion…

Carnegie’s fledgling variable annuity started with $10 million. Today it is worth an astounding $279 billion. It is now called the Teacher’s Insurance and Annuity Association – College Retirement Equities Fund, or TIAA-CREF for short.

Think about that. The TIAA-CREF was started in the year 1905 and it still exists today.

That means it survived the stock market crash of 1929 and the Great Depression that followed. It survived Black Monday in 1987. And it survived the more recent financial meltdown of 2008 and 2009.

In fact, it has survived all the booms and busts of the last 110 years! That’s an amazing track record.

The only reason Carnegie’s annuity has survived so long is because annuities make conservative investments in order to fulfill promises to its investors. Therefore, annuities don’t gamble or make risky investments. They play it safe so they can continue paying out guaranteed payments every single year.

Ben Bernanke’s Shocking Retirement Secret

Before Ben Bernanke became the chairman of the Federal Reserve, he taught economics at Princeton University. While there, he set up two annuities through the annuity company Carnegie founded.

Apparently, Bernanke’s retirement strategy didn’t change a bit when he took over at the Fed because his two largest assets are still the annuities he set up while working at Princeton. Each of these annuities are currently valued between $500,001 and $1 million.

While other experts have criticized Bernanke’s conservative approach to retirement investing, maybe the better approach is to ask a question: Why would the man who was head of the most powerful financial institution in the world choose to invest in annuities?

The answer to this question will become clear when you compare average retirement savings to one particular group of people.

The Surprising Reason Why College Professors Have More Saved for Retirement than You

Ben Bernanke isn’t the only one who is benefiting from annuity investments. Many college professors and other higher education professionals have invested in the same annuity fund originally set up by Andrew Carnegie.

And the proof is in the pudding.

In a recent study conducted by TIAA-CREF, they discovered that “83 percent of tenured and tenure-track faculty felt very or somewhat confident they will have enough money to live comfortably throughout their retirement years, compared to 55 percent of workers overall.”

And there’s a good reason for their confidence. According to surveys, higher education employees who participate in retirement plans have average account balances that are 43% to 46% higher than average Americans.

The 8th Wonder of the World

Famous academic Albert Einstein once said, “Compound interest is the eighth wonder of the world. He who understands it, earns it… he who doesn’t… pays it.”

Einstein put his money where his mouth was by investing in annuities way back in 1933 when they were still a relatively new investment vehicle.

Annuities exist to provide people with safe and predictable investment returns every single year during retirement. Many of them come with guaranteed rates of return.

Just one year bad year in the stock market can take years to recover from. But safe and predictable compound growth — like that provided by annuity funds — can provide investors with a stable retirement and peace of mind.

That’s why Einstein invested in annuities. It’s why Ben Bernanke is invested in annuities. And it’s why thousands of higher education professionals invest in annuities every year. Maybe annuities are worth a closer look after all.

Man Pushes Wife To Save Himself From A Sinking Ship. But The Reality Is …

Man Pushes Wife To Save Himself From A Sinking Cruise Ship.  But The Reality Is Priceless.

A teacher was tutoring a class of students when she relayed a story about a cruise ship capsized while at sea, and on the ship was a couple that managed to make their way to a lifeboat but realized there was only space for one. You’ll never guess what lesson they learned from the story.

sinking-cruise-shipA cruise ship met with an incident at sea. On the ship was a couple, after having made their way to the lifeboat, they realized that there was only space for one person left.

At this moment, the man pushed the woman behind him and jumped onto the lifeboat himself.

The lady stood on the sinking ship and shouted one sentence to her husband.

The teacher stopped and asked, “What do you think she shouted?”

Most of the students excitedly answered, “I hate you! I was blind!”

Now, the teacher noticed a boy who was silent throughout, she got him to answer and he replied, “Teacher, I believe she would have shouted – Take care of our child!”

The teacher was surprised, asking “Have you heard this story before?”

The boy shook his head, “Nope, but that was what my mom told my dad before she died to disease”.

The teacher lamented, “The answer is right”.

The cruise ship sunk. The man went home and brought up their daughter single-handedly.

Many years later after the death of the man, their daughter found his diary while tidying his belongings.

It turns out that when parents went onto the cruise ship, the mother was already diagnosed with a terminal illness. At the critical moment, the father rushed to the only chance of survival.

He wrote in his diary, “How I wished to sink to the bottom of the ocean with you, but for the sake of our daughter, I can only let you lie forever below the sea alone”.

The story is finished, the class was silent.

The teacher knows that the student has understood the moral of the story, that of the good and the evil in the world, there are many complications behind them which are hard to understand.

Which is why we should never only focus on the surface and judge others without understanding them first:

  • Those who like to pay the bill, do so not because they are loaded but because they value friendship above money.
  • Those who take the initiative at work, do so not because they are stupid but because they understand the concept of responsibility.
  • Those who apologize first after a fight, do so not because they are wrong but because they value the people around them.
  • Those who are willing to help you, do so not because they owe you anything but because they see you as a true friend.
  • Those who often text you, do so not because they have nothing better to do but because you are in their heart.

One day, all of us will get separated from each other; we will miss our conversations of everything and nothing; the dreams that we had.  Days will pass by, months, years, until this contact becomes rare.  One day our children will see our pictures and ask “Who are these people?” And we will smile with invisible tears because a heart is touched with a strong word and you will say: “It was with them that I had the best days of my life with.”

Glass half-full, half-empty.. all you need is love and wine

A negative person sees the glass of water half empty.

A positive person sees it half full.

A realistic person adds two shots of whisky, two cubes of ice , and says “cheers”!

All you need is love and wine.

Maybe some chocolate and a nap.  But mostly the wine.

Glass-of-water-half-fullIs the glass half empty or half full? is a common expression, generally used rhetorically to indicate that a particular situation could be a cause for optimism (half full) or pessimism (half empty), or as a general litmus test to simply determine an individual’s worldview.  The purpose of the question is to demonstrate that the situation may be seen in different ways depending on one’s point of view and that there may be opportunity in the situation as well as trouble.

This idiom is used to explain how people perceive events and objects. Perception is unique to every individual and is simply one’s interpretation of reality. The phrase “Is the glass half empty or half full” can be referred to as a philosophical question.

Another perspective comes from psychology, where research has shown that a speaker’s choice of frame can reflect their knowledge of the environment, and that listeners can be sensitive to this information.

Psychedelics and Consciousness

Published on Dec 26, 2014
Lysergic acid diethylamide abbreviated LSD or LSD-25, also known as lysergide (INN) and colloquially as acid, is a psychedelic drug of the ergoline family, well known for its psychological effects, which can include altered thinking processes, closed- and open-eye visuals, synesthesia, an altered sense of time and spiritual experiences, as well as for its key role in 1960s counterculture. It is used mainly as an entheogen, recreational drug, and as an agent in psychedelic therapy. LSD is non-addictive, is not known to cause brain damage, and has extremely low toxicity relative to dose.[4] However, acute adverse psychiatric reactions such as anxiety, paranoia, and delusions are possible.[5]

LSD was first synthesized by Albert Hofmann in 1938 from ergotamine, a chemical derived by Arthur Stoll from ergot, a grain fungus that typically grows on rye. The short form “LSD” comes from its early code name LSD-25, which is an abbreviation for the German “Lysergsäure-diethylamid” followed by a sequential number.[6][7] LSD is sensitive to oxygen, ultraviolet light, and chlorine,[7] especially in solution, though its potency may last for years if it is stored away from light and moisture at low temperature. In pure form it is a colorless, odorless, tasteless solid.[8] LSD is typically delivered orally, usually on a substrate such as absorbent blotter paper, a sugar cube, or gelatin. In its liquid form, it can also be administered by intramuscular or intravenous injection. LSD is very potent, with 20–30 µg (micrograms) being the threshold dose.[9]

Hofmann discovered the psychedelic properties of LSD in 1943.[10] It was introduced commercially in 1947 by Sandoz Laboratories under the trade-name Delysid as a drug with various psychiatric uses, and it quickly became a therapeutic agent that appeared to show great promise.[11] In the 1950s, officials at the U.S. Central Intelligence Agency (CIA) thought the drug might be applicable to mind control and chemical warfare; the agency’s MKULTRA research program propagated the drug among young servicemen and students. The subsequent recreational use of the drug by youth culture in the Western world during the 1960s led to a political firestorm that resulted in its prohibition.[12] Currently, a number of organizations—including the Beckley Foundation, MAPS, Heffter Research Institute and the Albert Hofmann Foundation—exist to fund, encourage and coordinate research into the medicinal and spiritual uses of LSD and related psychedelics.[13] New clinical LSD experiments in humans started in 2009 for the first time in 35 years.

Die To Live and Liberty – Steve Vai

Steve Vai performs “Die To Live” from the DVD “Alien Love Secrets” featuring full-length performance videos of every song from the “Alien Love Secrets” EP.
 

Also: LIBERTY

 

 
Steve Vai, Brian May and Joe Satriani

 
Joe Satriani “Flying in a Blue Dream”, a Lydian Mode smorgasbord

The Beatles II Black Album (1974)

This is a response to the videos posted with interviews of the individual Beatles who still liked to play music with one another but not so much as Beatles any longer.

In January 1975 (actually December 1974 in Disney World), the band officially dissolved, all four members signed. This is also to acknowledge 45 years since The Beatles – White Album was released. This is a theoretical in that each songwriter used the others to be a backup band with a rare backup vocal. Gone were the three and four way harmonies like in With a Little Help From My Friends or What Goes On.

The White Album was just a really good album they all helped each other do. Not much co-writing at all. In this version we put Elton John as guest musician in place of Eric Clapton with John’s Whatever Gets You Through The Night. We see Bluebird instead of Blackbird. Blackbird is the better of the two admittedly. It was recently learned that Eric Clapton helped on on My Sweet Lord playing acoustic with George under Phil Spector production. Tremendous sound, I hope they one day really mix down a record like this officially. Maybe Paul and Ringo could oversee it as a last cool thing before we pull the curtain. Miss the old Beatles, sorry it was so crazy, love the four lads from Liverpool.

This collection is the most “Beatle-like” or best material to present from the four guys, Paul only on one Ringo song, nobody on Paul’s. Obviously they were pretty ticked at the time. But music was made by Paul that shows he has bass lines that are most Beatle-like. Imagine that. And this is set up to be a four CD set though it is continuous for over 2 hours. Enjoy, don’t watch just listen to what magic they still had. John said so anyway, do a collection of their post-Beatle songs and you’d get a 2nd White Album basically. This has the sad version of All Things Must Pass because you can tell no one was really giving it its due except George who wrote it. It’s a reminder, but ends on a happy note with a co-mingled John Lennon-Ringo Starr version of Only You last song. Original Ringo version that was on the radio is on Side 1.

This is not intended to infringe any copyright and all rights reserved by respective parties, EMI and UMG.

The Beatles II — The Black Album (Dec. 1974)
Side 1
1. My Sweet Lord (Harrison-Starr with guest Eric Clapton)
2. Uncle Albert (McCartney)
3. I’m The Greatest (Starr-Lennon)
4. Give Me Love (Harrison)
5. Instant Karma (Lennon-Harrison)
6. Another Day (McCartney)
7. Only You (Starr-Lennon cover tune)
8. Maybe I’m Amazed (McCartney)

Side 2
9. Imagine (Lennon)
10. Band On The Run (McCartney)
11. Whatever Gets You Through the Night (Lennon with guest Elton John)
12. Sunshine Life (Starr-Harrison)
13. Bluebird (McCartney)
14. Number 9 Dream (Lennon)
15. What Is Life (Harrison-Starr)
16. Junior’s Farm (McCartney)

Side 3
17. It Don’t Come Easy (Starr-Harrison)
18. Come and Get It (McCartney Version)
19. Love Is Real (Lennon)
20. Six O’Clock (Starr-McCartney)
21. Oh My Love (Lennon-Harrison)
22. Jealous Guy (Lennon)
23. Photograph (Starr-Harrison)
24. Let Me Roll It (McCartney)
25. Back Off Boogalow (Starr)

Side 4
26. Live and Let Die (McCartney)
27. Mind Games (Lennon)
28. My Love (McCartney)
29. Crackerbox Palace (Harrison)
30. Too Many People (McCartney)
31. All Things Must Pass (Harrison-Lennon-Starr-McCartney)
32. You’re Sixteen (Starr cover)
33. Wah Wah (Harrison-Starr)
34. Only You (blended version of Lennon and Starr)

Forrest Gump dies and goes to Heaven

oh Dear…. The day finally arrived: Forrest Gump dies and goes to Heaven.
The day finally arrived: Forrest Gump dies and goes to Heaven.

He is at the Pearly Gates, met by St. Peter himself. St. Peter says,
“Well, Forrest, it’s certainly good to see you. We have heard a lot about you. I must inform you that the place is filling up fast, and we’ve been administering an entrance examination for everyone. The test is short and you have to pass before you can get into heaven.

1) What days of the week begin with the letter T?

2) How many seconds are there in a year?

3) What is God’s first name?”

Forrest says, “Well, the first one – how many days in the week begin
With the letter “T”?
That one’s easy.
That’d be Today and Tomorrow.”

The Saint’s eyes open wide and he exclaims!!
“Forrest, that’s not what I was thinking, but …..
I’ll give you credit for that answer.

“How about the second one?” asks St. Peter.
“How many seconds in a year?”

“Now that one’s harder,” says Forrest, “but I thunk and thunk and guess the only answer can be twelve.”

Astounded, St. Peter says, “Twelve? Twelve? Forrest, how in Heaven’s name could you come up with twelve seconds in a year?”

“Shucks, there’s gotta be twelve: January 2nd, February 2nd, March 2nd.”

“Hold it,” interrupts St. Peter. “I see where you’re going with this, and I’ll have to give you credit for that one, too. Let’s go on with the next and final question.”

“Can you tell me God’s first name?”

“Sure” Forrest replied, “IT”S ANDY.”

“Andy?!” exclaimed an exasperated and frustrated St. Peter. “Okay, I can understand how you came up with your answers to my first two questions, but just how in the world did you come up with the name of Andy as the first name of God?”

“That was the easiest one of all,” Forrest replied. “I learnt it from the song…

ANDY WALKS WITH ME,
ANDY TALKS WITH ME,
ANDY TELLS ME I AM HIS OWN.”

St. Peter opens the Pearly Gates and said:
“Run, Forrest, run.”

The Perspectives of the Self-Made Wealthy

Billionaire Ken Fisher Shares 8 Insights Only the Self-Made Super Wealthy Understand
Wonder what it’s really like to strike it rich?
Billionaire Ken Fisher explains the perspectives of the self-made wealthy.

 

Not all entrepreneurs are in it for the money, but gaining wealth is certainly among the top motivators for company building. Not surprisingly, having great wealth brings it’s own unique responsibilities and circumstances that few get to experience first hand.

Based on an interview with billionaire Ken Fisher, founder, chairman, and CEO of Fisher Investments, best-selling author, Forbes magazine columnist, and No. 225 on the Forbes 400, Fisher provided a candid, no-holds-barred look at the perspective of the self-made super wealthy.

Here are his insights:

1. It isn’t pursuit of wealth, but pursuit of passion that creates wealth.

Focusing on money won’t likely get you to the Forbes list like Fisher. He aptly states: “Most people don’t get super wealthy by accumulating money. They get super wealthy by following some dream they are passionate about, whether its starting and running a business, or being a rock star musician or a visual entertainer.” He points out that most of the super wealthy overshoot their personal goals, and yet they are still driven by their passion. The super wealthy know that if you pursue your passion, the money will come.

2. After a certain monetary threshold, the desire isn’t for more wealth, but more time.

There is very little that the super wealthy cannot buy. As the wealth keeps accumulating, spending becomes less of a joy or ambition. “After a certain point,” Fisher explains, “there isn’t much more you can think of that you want.” What becomes more desirable is time to enjoy life. “The vacation homes, cars, boats, and wardrobes are just more stuff to deal with.” Fisher observes. “All that stuff clutters your time usage, so at a certain point, the wealthier you get the more you covet time.”

3. Everyone you’ve known forever (except your spouse) will think you’ve changed.

There is a common belief that wealth changes everyone, and not always for the better. Fisher says, “Only you will know that you haven’t changed; that passionate drive to follow dreams does not change.” Fisher explains it this way: “Everyone’s perceptions of change are as though they are seeing the clock at a few different hour points in your evolution, as opposed to seeing it as a continuous sweeping minute hand that doesn’t change.”

4. The super wealthy are guarded even with their closest acquaintances.

It’s hard for the super wealthy to know who their real friends are. Fisher describes the situation in clear detail. “All kinds of folks hit on you for money and deliver false pretenses on a regular basis. Charities hit you up like you were the prettiest girl at a ball otherwise filled with horny young males. ‘Relatives’ you never had approach you from nowhere. Old school non-chums want to reacquaint. You see an ugly side of our human existence, which is the world of false pretenses seeking your money. So you guard against it and what you’re really guarding is your time and the time of the few people you really value. And you get good at it. And as you do, you will seem cold to all those people. Of course, you’re just simply as cold as the relationship would have been had you no money at all.”

5. Most of your broader family will come to hate you.

There is an old saying that the rich person in any family is despised. Fisher claims this is true, pointing out that many relatives don’t understand why the wealth of one family member can’t easily be shared to solve all their problems. Fisher explains the issue further: “It doesn’t matter how much you do or don’t give people, it won’t be enough.” Often Fisher hears others grumbling that they would handle wealth differently, but he points out that if their approach worked they would already be wealthy, and says they are simply looking for the easy path. Fisher states, “They will wonder why you don’t simply relieve them of their suffering with money, yet won’t seek your time or advice in how to remove the core cause of that suffering.” If they did seek his advice, Fisher would happily help them understand how to solve their money issues by seeking a productive passion.

6. Wealth doesn’t spoil your children, but it may destroy your grandchildren.

I know many successful entrepreneurs who worry whether their own children will have ambition and drive after growing up with affluence. Fisher observes that the kids of self-made wealthy parents grow up solidified with values that were taught to them before their parents became wealthy, so wealth doesn’t negatively influence their values. “But your grandkids never knew anything else,” says Fisher, now 64. “And that wealth zaps the drive out of them–it is too easy for the young to spend for fun instead of seeking the real passion, as previously mentioned.”

7. The older you get, the less money means.

As super wealthy people age, material needs become normalized. According to Fisher, “The so-called golden years bring a simplicity and focusing of desires in all wealth classes. While the non-super wealthy won’t recognize it, the super wealthy have long lost their material urges beyond the basics. They spend less on themselves and likely less on others because they know it doesn’t create happiness either for them, for their offspring, or for their grandkids.” Quality time is once again what is most coveted. It is surely more important to offer time to loved ones, and time delivered in that regard is valued on both ends more than money.

8. Wealth can free your brain.

Of all Fisher’s insights, this was the most powerful. For all the challenges wealth can bring, Fisher says it’s worth the mental freedom it also brings. He makes this point: “You will think broader and more creatively because you don’t have the limits the people of lesser means suffer. Why? Because you can. You will contemplate things like: Could my wealth if donated solve this problem? Could I create (you name it) by trying? What if I did this unimaginable thing (because you can if you want in so many realms)? The reality is that few of these will you ever pursue for all the reasons above, but they will enter your mind to ponder because most of your limits are now only self-imposed.”

Threats to Global Economic Recovery Warning From G-20 Economists

G20 warns of threats to global economic recovery

DOW JONES NEWSWIRES  18 APR, 4:40 AM
ECONOMY GLOBAL NEWS

The world’s top finance leaders warned Friday that currency volatility, low inflation and high debt levels threaten to undermine an already uneven global economic recovery.

In an official statement after two days of meetings, finance ministers and central bankers from the Group of 20 largest economies backed more easy-money policies in wealthy nations as critical accelerants for growth.

 “In many advanced economies, accommodative monetary policies are needed to anchor inflation expectations and support recovery,” said the G-20 statement.

The G-20, which acts as the world’s economic executive board, affirmed its support for central bank stimulus in Europe, Japan and the US Officials are increasingly worried that the global economy could get stuck in a long period of anemic output, given the slowdown in many of the largest emerging markets that have been key drivers of global growth.

But as the US Federal Reserve contemplates when it should start raising borrowing costs for the first time in nearly a decade, the G-20 expressed concern that an easy-money exit could send shock waves through markets across the globe.

 “In an environment of diverging monetary policy settings and rising financial-market volatility, policy settings should be carefully calibrated and clearly communicated to minimize negative spillovers,” the group said.

WASHINGTON (AP) — World finance officials said Saturday they see a number of threats on the horizon for a global economy still clawing back from the deepest recession in seven decades, and a potential Greek debt default presents the most immediate risk.

After finance officials wrapped up three days of talks, the International Monetary Fund’s policy committee set a goal of working toward a “more robust, balanced and job-rich global economy” while acknowledging growing risks to achieving that objective.

The Greek finance minister, Yanis Varoufakis, held a series of talks with finance officials on the sidelines of the spring meetings of the 188-nation IMF and World Bank, trying to settle his country’s latest crisis.

Mario Draghi, head of the European Central Bank, said it was “urgent” to resolve the dispute between Greece and its creditors.

A default, he said, would send the global economy into “uncharted waters” and the extent of the possible damage would be hard to estimate. He told reporters that he did not want to even contemplate the chance of a default.

Earlier in the week, IMF Managing Director Christine Lagarde had rejected suggestions that her agency might postpone repayment deadlines for Greece. On Saturday, she cited constructive talks with Varoufakis and said the goal was to stabilize Greece’s finances and assure an economic recovery and “make sure the whole partnership hangs together” between Greece and its creditors.

In its closing communique, the policy-setting panel for the World Bank expressed concerns about the unevenness of global growth and pledged to work with the IMF to provide economic support for poor nations that have been hit hard by falling commodity prices.

But international aid group Oxfam expressed disappointment that the IMF and World Bank did not devote more time to exploring ways to lessen widening income gaps.

“Given that rising inequality continues to make the headlines everywhere in the world, it is surprising how the issue remained almost totally absent from these spring meetings,” said Nicolas Mombrial, head of the Washington office of Oxfam International.

Greece is in negotiations with the IMF and European authorities to receive the final 7.2 billion euro ($7.8 billion) installment of its financial bailout. Creditors are demanding that Greece produce a credible overhaul before releasing the money.

The country has relied on international loans since 2010. Without more bailout money, Greece could miss two debt payments due to the IMF in May and run out of cash to pay government salaries and pensions.

Fears that Greece could default and abandon the euro currency group sent shockwaves through global markets Friday. After being down nearly 360 points, the Dow Jones industrial average recovered a bit to finish down 279.47.

U.S. Treasury Secretary Jacob Lew said that a Greek default would “create immediate hardship” for Greece and damage the world economy.

In a speech Saturday to the IMF panel, Lew urged South Korea, Germany, China and Japan to do more to increase consumer demand in their own countries instead of relying on exports to the United States and elsewhere for growth.

 “We are concerned that the global economy is reverting to the pre-crisis pattern of heavy reliance on U.S. demand for growth,” Lew said. “As we all know, such a pattern will not lead to strong, sustainable and balanced global growth.”

The negotiations over Greece’s debt have proved contentious but all sides have expressed optimism that the differences can be resolved.

A number of countries directed criticism toward the U.S. for the failure of Congress to pass the legislation needed to put into effect IMF reforms that would boost the agency’s capacity to make loans and increase the voting power of such emerging economic powers as China, Brazil and India.

Agustin Carstens, the head of Mexico’s central bank and the chair of the IMF policy panel, said that “pretty much all of the members expressed deep disappointment” that a failure of Congress to act is blocking implementation of the reforms. The IMF panel directed IMF officials to explore whether any interim reforms could be put into effect pending congressional action.

The finance ministers urged central banks including the Federal Reserve to clearly communicate future policy changes to avoid triggering unwanted turbulence in financial markets.

Lagarde told reporters Saturday that the Federal Reserve had made it clear that it planned to “always communicate and help everybody anticipate” its future moves on interest rates.

Fed Chair Janet Yellen along with Lew represented the U.S. at the finance meetings.

___  Associated Press writer Luis Alonso contributed to this report.

Group of 20 leaders back more easy-money policies German Finance Minister Wolfgang Schäuble, right, and U.S. Federal Reserve chairwoman Janet Yellen at the IMF/World Bank spring meetings in Washington on Friday. ENLARGE German Finance Minister Wolfgang Schäuble, right, and U.S. Federal Reserve chairwoman Janet Yellen at the IMF/World Bank spring meetings in Washington on Friday.
Group of 20 leaders back more easy-money policies
German Finance Minister Wolfgang Schäuble, right, and U.S. Federal Reserve chairwoman Janet Yellen at the IMF/World Bank spring meetings in Washington on Friday. ENLARGE
German Finance Minister Wolfgang Schäuble, right, and U.S. Federal Reserve chairwoman Janet Yellen at the IMF/World Bank spring meetings in Washington on Friday.

WASHINGTON—The world’s top finance leaders warned Friday that currency volatility, low inflation and high debt levels threaten to undermine an already uneven global economic recovery.

In an official statement after two days of meetings, finance ministers and central bankers from the Group of 20 largest economies backed more easy-money policies in wealthy nations as critical accelerants for growth.

“In many advanced economies, accommodative monetary policies are needed to anchor inflation expectations and support recovery,” the G-20 said.

The G-20 affirmed its support for central-bank stimulus in Europe, Japan and the U.S. Officials are increasingly worried that the global economy could get stuck in a long period of anemic output, given a weak recovery in some rich countries and a slowdown in many of the largest emerging markets that have been key drivers of global growth.

The International Monetary Fund warned this past week that if the Federal Reserve raised short-term rates sooner or more quickly than markets anticipate, it could cause a rapid jump in longer-term interest rates and a whirlwind of volatility as investors adjust their portfolios across assets and markets.

 

The IMF noted the large gap between the Fed’s expectations for rate increases and market expectations.

Renewed G-20 support for easy-money policies—essentially backing currency depreciation as a tool for promoting growth—underscores concern about the global economy getting stuck in a low-growth rut. It also marks an implicit acknowledgment of the failure across the globe to enact longer-lasting structural overhauls to major economies after years of relying on short-term spending and other temporary stimulus programs.

Treasury Secretary Jacob Lew, in a statement prepared for the IMF’s policy-setting committee, warned that long-standing efforts to rebalance the global economy are at risk given the reliance of key economies on exports. Some economies “appear increasingly dependent on external demand to boost growth, rather than pursuing more balanced policies to catalyze domestic demand,” Mr. Lew said. “We are concerned that the global economy is reverting to the precrisis pattern of heavy reliance on U.S. demand for growth.”

The dollar has surged in the past year as the U.S. economy has shown signs of strengthening and markets expect the Fed to raise rates. Combined with weak growth and aggressive easy-money policies in Europe and Japan, the U.S. currency has experienced one of the fastest and strongest surges in decades.

Still, U.S. officials are concerned enough about a prolonged stagnation in its leading trading partners that they have encouraged easy-money policies overseas even though the subsequent dollar strengthening weighs on American exports and growth.

In its latest outlook published this week, the IMF said global economic growth will accelerate only marginally this year as slowing output in major emerging markets and a feeble expansion in wealthier countries drag down near-term prospects.

The low-growth worry is also trumping other risks fomenting in global markets amid the accelerating divergence in exchange-rate values and interest rates. For example, many emerging markets bulked up on dollar-denominated debt, a liability that increases with the rise of the dollar’s value, especially for emerging-market governments and firms whose revenue are in local currencies. Some countries have also pegged the value of their currencies to the dollar, damping their competitiveness and growth prospects.

Those competing pressures are putting authorities in policy binds, and could “trigger a cascade of disruptive adjustments,” the IMF said.

Write to Ian Talley at ian.talley@wsj.com

Bruce Lipton, Ph.D. Epigenetics: The science of Human Empowerment

naysayerThrough the research of Dr. Lipton and other leading-edge scientists, stunning new discoveries have been made about the interaction between your mind and body and the processes by which cells receive information. It shows that genes and DNA do not control our biology, that instead DNA is controlled by signals from outside the cell, including the energetic messages emanating from our thoughts. He demonstrates how the new science of Epigenetics is revolutionizing our understanding of the link between mind and matter and the profound effects it has on our personal lives and the collective life of our species.
 

How Heavy Is Your Glass of Water?

A psychologist walked around a room while teaching stress management to an audience. As she raised a glass of water, everyone expected they’d be asked the “half empty or half full” question.  Instead, with a smile on her face, she inquired: “How heavy is this glass of water?”

Answers called out ranged from 8 oz. to 20 oz.

She replied, “The absolute weight doesn’t matter. It depends on how long I hold it. If I hold it for a minute, it’s not a problem. If I hold it for an hour, I’ll have an ache in my arm. If I hold it for a day, my arm will feel numb and paralyzed. In each case, the weight of the glass doesn’t change, but the longer I hold it, the heavier it becomes.”

She continued, “The stresses and worries in life are like that glass of water. Think about them for a while and nothing happens. Think about them a bit longer and they begin to hurt. And if you think about them all day long, you will feel paralyzed – incapable of doing anything.”

It’s important to remember to let go of your stresses. As early in the evening as you can, put all your burdens down. Don’t carry them through the evening and into the night.

Remember to put the glass down!

Forbes: Retire the Dinar and Dong

Source: http://www.tntdinar.activeboard.com/t59882364/retire-on-the-iraqi-dinar-and-vietnamese-dong-forbes-hit-pie/

Original article:

http://www.forbes.com/sites/robertlaura/2015/03/24/retire-on-the-iraqi-dinar-and-vietnamese-dong/

Retire On The Iraqi Dinar And Vietnamese Dong (Forbes Hit Piece)
http://www.forbes.com/sites/robertlaura/2015/03/24/retire-on-the-iraqi-dinar-and-vietnamese-dong/2/It’s a 3 page article so you have to click the link above to see the restI often get calls asking about the Iraqi dinar. Initially, I just dismissed the questions and put-off the requests, informing clients and other investors that we don’t employ or recommend currency-based strategies. At the time, this was the result of only superficial research. However, after a recent question about another foreign currency, the Vietnamese dong, I felt it was time to truly dig into what’s going on and write the definitive article on where these currency strategies fit into both retirement and overall investment portfolios.In my opinion, they don’t fit anywhere! Let me reiterate that; the Iraqi dinar and the Vietnamese dong do not fit into a retirement portfolio in any way, shape, or form. Both monetary units are often referred to as “scam” currencies for good reason. Countless warnings and blood soaked war stories are prevalent online, but to my surprise investors continue to fall for it, throwing good money at a very bad idea.

A street money exchange (RAMZI HAIDAR/AFP/Getty Images)

As it turns out, the scams success is based on a powerful combination of greed, apparent inside information, and the ability to see, feel, and touch the currency. In fact, the most compelling part of situation is that both the Iraqi and Vietnamese currencies are legitimate and tangible. Investors can not only hold them, but also show their spouse, friends and even fold them up and put them in their wallets. Furthermore, they are part of a regulated industry and available for purchase at a few major US Banks. All factors that seem to make investing in either of them a very credible and enticing opportunity to outsmart Wall Street, best fellow investors, and get rich quick by uncovering secrets the government doesn’t want us to know.

Yet, as you already know, if it sounds too good to be true…investors should run like heck. I reached out to several currency exerts to help me explain the ins and outs of this ridiculous business in an effort to help retirees and other investors avoid falling victim to this and similar currency scams going forward.

Reid Kirchenbauer of InvestAsian.com says, “The dinar and dong, along with many other thinly traded currencies, are hard to get at a fair price in the United States.” One US bank Kirchenbauer called was offering one million Vietnamese dong for $56.90, which works out to 17,574 VND per dollar. However, he found the exchange rate much higher at Vietnam’s Agribank. It will sell 21,420 dong per U.S. dollar (not including ordinary fees). Right off the bat, then, there’s a discrepancy representing a more than a 20% decrease in value.

Kirchenbauer goes on to say, “It’s difficult for most people to receive the actual value that these currencies trade at. If banks in the US choose to trade them, they make the spreads very wide so that they can make a large enough profit to justify the potential holding period.”

Scott Smith, Senior Market Analyst for Cambridge Global Payments highlighted another reality facing investors in these currencies. “The biggest challenge to recouping your initial investment is finding someone to buy those currencies back. It’s like shopping for a house cat, but buying a tiger instead, and then finding out you are allergic to cats. It might be easy to find someone to buy your house cat, but finding a suitable home for a tiger would be much more difficult.”

Judeo-Christian Year of Jubilee (5,775 years)

Today something is happening that NEVER occurred in human history.

There is a full solar eclipse happening at the north pole region.

What makes it rare is that …it is falling on the spring equinox and it is the first day of the year on the biblical calender. Also a super moon phenomenon (closest to earth). It is the year of jubillee (once every 50 years) And there are 4 blood red moon eclipses in 2014 and 2015 falling on specific dates that are with other events. In the last 5,775 years (how long we have been here) this has NEVER occurred.

What does it mean?

For Judeo-Christians it means pay attention, rest in Him, be still and know His voice so when the world has an event where everyone is freaking out, you are at peace because our Father always takes care of His creation.  For those who aren’t Judeo-Christian, it’s an opportunity to learn more and hopefully join in that blessing of His peace and love beyond understanding for now, and eternity.

Next Monday there is a one-day-only limited theatrical release that will go into detail.

Four Blood Moons – The Movie

Also, Sid Roth’s BLOOD MOONS: What’s Coming in 2015?

www.SidRoth.org

‘Blood Moons’ author responds to Hagee’s ‘I discovered’ claim

http://www.wnd.com/2015/03/blood-moons-author-responds-to-hagees-i-discovered-claim/

 

Don’t Mess With The Old People and Don’t Audit Grandpa

Don’t audit Grandpa

The IRS decides to audit Grandpa, and summons him to the IRS office.  The IRS auditor was not surprised when Grandpa showed up with his attorney.  The auditor said, ‘Well, sir, you have an extravagant lifestyle and no full-time employment, Which you explain by saying that you win money gambling. I’m not sure the IRS finds that believable.’

I’m a great gambler, and I can prove it,’ says Grandpa. ‘How about a demonstration?’  The auditor thinks for a moment and said, ‘Okay. Go ahead.’  Grandpa says, ‘I’ll bet you a thousand dollars that I can bite my own eye.’  The auditor thinks a moment and says, ‘It’s a bet.’  Grandpa removes his glass eye and bites it. The auditor’s jaw drops……

Grandpa says, ‘Now, I’ll bet you two thousand dollars that I can bite my other eye.’  Now the auditor can tell Grandpa isn’t blind, so he takes the bet.  Grandpa removes his dentures and bites his good eye.
The stunned auditor now realizes he has wagered and lost three grand, with Grandpa’s attorney as a witness. He starts to get nervous.

‘Want to go double or nothing?’ Grandpa asks ‘I’ll bet you six thousand dollars that I can stand on one side of your desk, and pee into that wastebasket on the other side, and never get a drop anywhere in between.’  The auditor, twice burned, is cautious now, but he looks carefully and decides there’s no way this old guy could possibly manage that stunt, so he agrees again.

Grandpa stands beside the desk and unzips his pants, but although he strains mightily, he can’t make the stream reach the wastebasket on the other side, so he pretty much urinates all over the auditor’s desk.  The auditor leaps with joy, realizing that he has just turned a major loss into a huge win.

But Grandpa’s own attorney moans and puts his head in his hands.

‘Are you okay?’ the auditor asks.

‘Not really,’ says the attorney. ‘This morning, when Grandpa told me he’d been summoned for an audit, he bet me twenty-five thousand dollars that he could come in here and piss all over your desk and that you’d be happy about it!’

I keep telling you! Don’t Mess with Old People!!

NOW, the original..

1-Paddys-audit-pisses-on-desk

2-Paddys-audit-pisses-on-desk

3-Paddys-audit-pisses-on-desk

4-Paddys-audit-pisses-on-desk

PADDY’S AUDIT CARTOON BASED ON THE JOKE:

The Inland Revenue decides to audit Paddy, and
summons him to an appointment with the most thorough
auditor in the office. The auditor is not surprised
when Paddy shows up with his solicitor.

The auditor says, ‘Well, sir, you have an
extravagant lifestyle and no full-time employment,
which you explain by saying that you win money
gambling.. I’m not sure the Inland Revenue finds that
believable.’

‘I’m a great gambler, and I can prove it,’ says Paddy. ‘How about a demonstration?’
The auditor thinks for a moment and says, ‘Okay. You’re on!’
Paddy says, ‘I’ll bet you a thousand pound that I can bite my own eye.’
The auditor thinks a moment and says, ‘No way! It’s a bet.’
Paddy removes his glass eye and bites it.
The auditor’s jaw drops.
Paddy says, ‘Now, I’ll bet you two thousand pound that I can bite my other eye.’

The auditor can tell Paddy isn’t blind, so he takes the bet.

Paddy removes his dentures and bites his good eye.

The stunned auditor now realises he has
bet and lost three thousand quid, with Paddy’s
solicitor as a witness. He starts to get nervous.

‘Would you like to go double or nothing?’ Paddy
asks. ‘I’ll bet you six thousand pound that I can stand on one side
of your desk and piss into that rubbish bin on the
other side, and never get a drop anywhere in between.’

The auditor, twice burned, is cautious now, but he
looks carefully and decides there’s no way Paddy can
manage that stunt, so he agrees again.
Paddy stands beside the desk and unzips his
trousers, but although he strains for all his worth
he can’t make the stream reach the bin on the
other side, so he pretty much urinates all over the
auditor’s desk.

The auditor leaps with joy, realising that he has just turned a major loss into a big win.

But Paddy’s solicitor moans and puts his head in his hands.
‘Are you okay?’ the auditor asks.
‘Not really,’ says the solicitor.

‘This morning, when Paddy told me he’d been summoned for an audit, he bet me £20,000 that he could come in here and piss all over your desk – and that you’d be happy about it.’

Simple Minds – Don’t You (Forget About Me)

From the movie: The Breakfast Club (02-1985)

 

 

Hey, hey, hey ,hey
Ohhh…

Won’t you come see about me?
I’ll be alone, dancing you know it baby

Tell me your troubles and doubts
Giving me everything inside and out and
Love’s strange so real in the dark
Think of the tender things that we were working on

Slow change may pull us apart
When the light gets into your heart, baby

Don’t You Forget About Me
Don’t Don’t Don’t Don’t
Don’t You Forget About Me

Will you stand above me?
Look my way, never love me
Rain keeps falling, rain keeps falling
Down, down, down

Will you recognise me?
Call my name or walk on by
Rain keeps falling, rain keeps falling
Down, down, down, down

Hey, hey, hey, hey
Ohhhh…..

Don’t you try to pretend
It’s my feeling we’ll win in the end
I won’t harm you or touch your defenses
Vanity and security

Don’t you forget about me
I’ll be alone, dancing you know it baby
Going to take you apart
I’ll put us back together at heart, baby

Don’t You Forget About Me
Don’t Don’t Don’t Don’t
Don’t You Forget About Me

As you walk on by
Will you call my name?
As you walk on by
Will you call my name?
When you walk away

Or will you walk away?
Will you walk on by?
Come on – call my name
Will you all my name?

I say :
La la la…
When you walk on by…
And you call my name…

Billionaires Decry Blatant Wall Street Theft of Retirement Assets

Billionaires Decry Blatant Wall Street Theft of Retirement Assets

In a shocking interview with PBS, billionaire mutual fund icon Jack Bogle, revealed that Wall Street is unapologetically stealing from millions of hard-working Americans. Bogle showed how “70% of your market returns” go straight to the pockets of Wall Street, and only 30% actually goes to you, the investor.

And Bogle should know.

Bogle, who founded the Vanguard Group in 1974, has had a decades-long insider’s view of the entirely corrupt fee structure on Wall Street.

So he knows how American retirees are being fleeced by hidden fees that most investors never see.

And at a recent private event, Steve Forbes echoed this same shocking claim.

Forbes pointed out that these fees are compounding, and over time are devastating to retirement nest eggs.

The typical Wall Street 2% management fee, compounded over the long term, will “cut your returns in half or more. If you would normally have $100,000, you could end up with, say, $30,000 or $40,000 because of what fees eat up.”

Of course Bogle and Forbes aren’t the only industry icons sounding the alarm.

Warren Buffett made it clear that the only way to make money over the long term is to invest “without paying fees to a mutual fund manager.”

Forbes took these comments even further when he and industry veteran John Shubert exposed the biggest threat to your retirement during the exclusive Investment Crisis Summit held by Newsmax Finance.

During the summit, Forbes and co-host Shubert revealed groundbreaking research that proves Wall Street’s compounding fees are only part of a larger “flaw” in the financial system.

It’s this “flaw” that makes it completely legal for Wall Street to siphon off up to 70% of your profits.

Editor’s Note:Forbes and Shubert Give Proof on Wall Street’s Loophole for Legally Grabbing Your Profits.

Before you dismiss the notion that Wall Street could legally take your profits as a matter of course, consider the facts Forbes and Shubert revealed during the summit.

Citing new research from the Harvard Business School and London School of Economics, they pointed out that this industry “flaw” is a “permanent condition” of the market.

Meaning it can’t be fixed.

And investors who don’t take steps today to overcome this flaw could lose more than just 70% of their profits. They could end up losing their ability to retire altogether.

At the summit, attendees also discovered how outdated regulations actually force Wall Street fund managers to underperform their benchmarks.

Shubert showed how 80% of the stocks held in mutual funds are nothing more than dead-weight stocks, providing no excess return for investors.

That means for every $100 you invest, only $20 is actually working for you to generate market-beating returns. The remaining $80 is simply fodder for Wall Street’s fee machine.

To drive the point home, Forbes and Shubert clearly illustrated how dead-weight stocks and fees make it mathematically impossible for fund managers to beat the market.

Summit attendees were fuming after learning how the system is working against them. But they became overwhelmingly confident once they learned how to take simple steps to avoid the financial carnage that unwitting mutual fund investors could experience in their retirement years.

Shubert said, “It’s a clear and actionable blueprint that sidesteps Wall Street fees and makes sure all of your money is put to work.”

“When we first held the summit, people were outraged by what they learned and asked us to make the recording of the summit public so they could share it with friends and family,” said Newsmax Financial Publisher Christian Hill.

“The real concern,” Hill added, “is that more than 96 million people own mutual funds. And the ones who have no idea they’re being fleeced will be the hardest hit when they need the money the most, at retirement.

“It’s scary to think so many Americans will end up with a lot less money than they thought at retirement. But we want the average American to be prepared, and that is why we will continue to push the exclusive video recording from the Investment Crisis Summit to as many outlets as we can. We want the word to spread.”

Read Latest Breaking News from Newsmax.com http://www.newsmax.com/Finance/MKTNews/Bogle-Forbes-Buffett-Shubert/2015/02/23/id/626341/#ixzz3TtoDJcq7

Nick Hanauer: Beware, fellow plutocrats, the pitchforks are coming

Nick Hanauer is a rich guy, an unrepentant capitalist — and he has something to say to his fellow plutocrats: Wake up! Growing inequality is about to push our societies into conditions resembling pre-revolutionary France. Hear his argument about why a dramatic increase in minimum wage could grow the middle class, deliver economic prosperity … and prevent a revolution.

 

Why females should avoid a girls night out after they are married

The other night I was invited out for a night with the “girls.” I told my husband that I would be home by midnight, “I promise!”

Well, the hours passed and the margaritas went down way too easily. Around 3 a.m., a bit loaded, I headed for home.  Just as I got in the door, the cuckoo clock in the hallway started up and cuckooed 3 times. Quickly, realising my husband would probably wake up, I cuckooed another 9 times. I was really proud of myself for coming up with such a quick-witted solution, in order to escape a possible conflict with him. (Even when totally smashed… 3 cuckoos plus 9 cuckoos totals 12 cuckoos = MIDNIGHT !)

The next morning my husband asked me what time I got in, I told him “MIDNIGHT”… he didn’t seem pissed off in the least. Whew, I got away with that one!

Then he said “We need a new cuckoo clock.”

When I asked him why, he said:

“Well, last night our clock cuckooed three times, then said “oh shoot” Cuckooed 4 more times, cleared its throat, cuckooed another three times, giggled, cuckooed twice more, and then tripped over the coffee table and farted”

Cop Asks Why This Man Doesn’t Have A Last Name

Cop Asks Why This Man Doesn’t Have A Last Name

 An Arizona Highway Patrol officer stops a Harley for traveling faster than the posted speed limit, so he asks the biker his name. ‘Fred,’ he replies. 

‘Fred what?’ the officer asks.
‘Just Fred,’ the man responds.

The officer is in a good mood and thinks he might just give the biker a break and, write him out a warning instead of a ticket. The officer then presses him for the last name.
The man tells him that he used to have a last name but lost it. The officer thinks that he has a nut case on his hands but plays along with it. ‘Tell me, Fred, how did you lose your last name?’

The biker replies, ‘It’s a long story, so stay with me.’ I was born Fred Johnson.
I studied hard and got good grades.
When I got older, I realized that I wanted to be a doctor. I went through college, medical school, internship, residency, and finally got my degree, so I was Fred Johnson, MD. After a while I got bored being a doctor, so I decided to go back to school.

Dentistry was my dream! Got all the way through School, got my degree, so then I was Fred Johnson, MD, DDS.
Got bored doing dentistry, so I started fooling around with my assistant and she gave me VD, so now I was Fred Johnson, MD, DDS, with VD.

Well, the ADA found out about the VD, so they took away my DDS.
Then I was Fred Johnson, MD, with VD. Then the AMA found out about the ADA taking away my DDS because of the VD, so they took away my MD leaving me as Fred Johnson with VD.
Then the VD took away my Johnson, so now I am Just Fred.’

The officer walked away in tears, laughing

 

Steve Harvey Talks about The Law Of Attraction

http://youarecreators.org/

We (YouAreCreators) created this channel to share one of the greatest secrets of the universe, and the secret is, we literally create our reality! (Quantum Physics now proves this)

We are all governed by a set of Universal Laws, and these laws were created by GOD, to aid us in creating the life we desire. One of these laws is known as the “Law Of Attraction”, or the law of “Reaping and Sowing”. This law simply states, whatever you give out in Thought, Word, Feeling, and Action is returned to you. Whether the return is negative, or positive, failure or success, is all up to what you give out. Many authors and celebrities such as, Wayne Dyer, Oprah Winfrey, Will Smith, Jim Carrey, Steve Harvey, Rhonda Byrne, and many others has testified to this amazing Law Of Attraction. Its time you learn this wonderful secret…

The World’s Top 10 Places to Put Your Money

The World’s Top 10 Places to Put Your Money

At VivaTropical, we’ve talked a lot about the benefits of owning an offshore bank account.Moving at least a portion of your portfolio overseas can help protect your assets from threats of litigation and the whims of the U.S. government.

Diversifying into international markets can also open wide the doors for a whole host of non-traditional investments that might not otherwise be available to you with a domestic bank or brokerage firm.
Currency Wars and Safe BanksBut with a whole world of options out there (literally), how do you choose which bank, or even which jurisdiction, to trust with your savings?  And by what criteria should you judge the candidates you’re considering?
Well, that depends largely on your particular needs and investment goals.  To some (even those doing business honestly), privacy is of the utmost necessity.  To others who might be looking for income-earning opportunities overseas, favorable tax laws may be the most important factor.
Below, in no particular order, are what are considered to be some of the best overall offshore banking jurisdictions. We can’t say which characteristics might be most beneficial to you and your financial situation, but this list should give you a good idea of where to start your search.

Panama

Panama has long been a key player in the international banking industry, and the country’s recent economic growth has further solidified its place as a financial leader.  With over 80 international banks, it has one of the world’s largest banking sectors.
The country has a good balance of stringent privacy guidelines combined with adequate controls to prevent money laundering.  As a result, the industry is highly competitive, yet better monitored than many more peripheral jurisdictions.
Panama enjoys favorable tax laws, such as exemptions for foreign income, so you won’t be double-taxed.  It’s also a great place to do business, invest in the growing tourism industry, or take advantage of great deals on Panama real estate.  Many tax advantages exist for each of these types of investment.
Additional benefits to opening an offshore bank account in Panama are its close proximity to the U.S. if travel is needed to set up or maintain the account.  English is widely spoken there.  Plus, the dollarized economy eliminates any foreign exchange risks.

Seychelles

A rising star on the international scene, Seychelles scores big points for its high level of bank secrecy.  Its long-standing privacy policy protects the identity of the beneficial owners of companies and corporations.  As a result, it’s one of the world’s best places to set up a closely-held offshore corporation.
The nation is a bit lax about reporting interest income to foreign tax authorities, although it does maintain tax treaties with 46 countries, in compliance with the Organization for Economic Co-operation and Development.
Interestingly, much of the local population of Seychelles has no access to banking services, and most of its businesses have virtually no way of borrowing capital.  However, the country has been rapidly building its banking sector and has one of the fastest improving economies in the world.

Hong Kong

A number of key factors are working together to make Hong Kong one of the fastest growing offshore havens in the world today.  It’s located near a rapidly-growing China, not to mention the rest of Asia.  It’s also become the chosen destination of those who’ve moved their European and North American accounts due to the privacy crackdowns in those jurisdictions of late.
A perk to banking in Hong Kong is the ability to hold funds in a wide range of currencies and even change currency with the flip of a switch. Savings accounts can even be held in gold.
Interest rates are impressive, and tax laws are favorable for foreigners.  There are no taxes on capital gains, inheritances, dividends, or deposit interest.  Only local income is taxable. Even profits from overseas trades that pay to Hong Kong-managed accounts are usually exempt.

Singapore

Although Singapore regrettably earned its place as a top financial center by turning a blind eye to illegal foreign activity, it certainly hasn’t hurt this offshore haven.  It’s currently one of the world’s fastest growing wealth management industries, expected to rival Switzerland by 2020.
It benefits greatly from its location as a hub for southeast Asia, and has a major advantage over rival Hong Kong whom many view as being too heavily influenced by China. Singapore’s tax rates are among, if not the lowest in Asia.  A wide range of currencies, including gold, are available to account holders.
Today Singapore’s banking sector is much more compliant with banking regulations. However, due to the industry’s size, it exerts a high level of influence over the government, resulting in very little political opposition to its privacy practices.

Switzerland

It’s hard to think of offshore banking without Switzerland coming immediately to mind. While it’s far from the picture most people have of James Bond making a withdrawal from an anonymous numbered bank account, Switzerland still offers some of the world’s strictest confidentiality.
The country is stable and politically neutral.  The financial services industry is also protected by a strong consensus against any political changes that might affect the all-important offshore sector. As a result, Swiss banks offer a reliable, secure offshore banking environment.
Because of these benefits, Switzerland holds banking assets estimated to be roughly 820 percent of the country’s GDP.  Switzerland has also been a leader in technology, with secure encryption, internet banking, electronic funds transfers, and electronic signatures.

United Arab Emirates

The UAE city of Dubai first emerged as an important financial center when it found itself lacking in some of the oil and gas reserves that some of its neighbors possessed.  As a result, it shifted its focus to the flow of massive amounts of money circulating among its oil-rich neighbors and beyond.
It serves as a politically and financially stable banking option, amid a region plagued with turmoil.  It’s also situated strategically along an all-important East to West trade route.
Benefits to banking in the UAE include low taxes, a number of tax-free zones, and a level of privacy that rivals that of Swiss banks.  Due to its ask-no-questions philosophy, it’s home to considerable illegal activity.  Much of the industry’s incoming funds are in the form of cash or gold.

Cayman Islands

The offshore choice of political candidate Mitt Romney, the Cayman Islands benefit from the added support of being a territory of the United Kingdom.  So, while still essentially autonomous politically and economically, it has a safer feel for those who are skeptical of international markets.
Like many of its competitors, the Caymans offer a number of tax-free incentives and little financial regulation and oversight.  The nation has long held the opinion that savvy investors are perfectly capable of taking responsibility for their own compliance and that the markets always know best.
Today the country is the world’s fifth largest financial services center, taking on business from the world’s biggest banks and corporations.  It plays host to over 10,000 mutual funds (only Luxembourg has more), over 200 banks, over 90,000 companies, and 140 trust companies.  It’s the world’s top home for hedge funds and captive health insurance companies.

Lebanon

Lebanon is often hailed as the “Switzerland of the Middle East” for its tight bank secrecy laws.  Banking privacy in Lebanon is “absolute” and guaranteed by law, with violations being subject to criminal prosecution.
It’s also a tax haven, much like most of its competitors.  Foreigners pay no local income tax on interest and revenues earned in Lebanese banks.  Likewise there are no inheritance taxes, stamp duties on contracts, corporate income taxes, or taxes on dividend distributions or capital gains.
The country has a stable banking system, as well as measures in place to prevent money laundering.

Luxembourg

With over 12 percent of the world’s market for offshore banking, Luxembourg is a major player in the global financial sector.  Like other banking secrecy jurisdictions, it’s full of tax loopholes and loose financial regulations.
It’s also extremely stable due to it political neutrality and the strong influence its financial sector holds over the nation’s political leanings.  It’s central (both politically and geographically) to the heart of Europe and was a founding member of the European Union, giving it better access to European and international markets.
Its tight banking secrecy policies are based more on the principle behind professional lawyer-client relationships, with even more privacy laws in the works.  The country is also reportedly setting up a high-security storage facility where clients can keep assets like paintings and gold with no fear of having these possessions reported to tax authorities in their home countries.
Whether you’re looking for a place to stow a Picasso or simply wanting to transfer your self-directed IRA where you’ll have a better variety of investment options, offshore bank accounts can open up a whole new world of possibilities.

Belize

Although only in its 3rd decade of international banking, Belize has been steadily growing its financial services industry since it first emerged on the scene in the early 1990s.  Today it offers a myriad of products and services to international investors from all over the world.
It’s a popular choice among North Americans, due largely in part to its proximity and the fact that it’s an English-speaking nation.  It’s also modeled after British (rather than Spanish) law, making a lot of legal processes much more familiar.
Belize is in close runnings with its international competitors in terms of the variety of its offerings.  Clients can easily set up a corporation, trust, or limited liability partnership.
Before you choose a jurisdiction, do some additional research to determine the requirements for opening an account and to make sure the particular country or bank offers the best incentives to help you achieve your financial goals.
And, whatever you do, don’t forget to follow through with all of the latest forms the U.S. requires for offshore account holders.  It doesn’t matter if your jurisdiction doesn’t report you.  The IRS can and will find you.

This Year and Every Day I Will Be Like..

seeking-God

Today, I choose to be

  • Like Paul, forget those things which are behind, and press forward
  • Like David, lift up mine eyes unto the hills from which cometh my help
  • Like Abraham, trust implicitly in my God
  • Like Enoch, walk in daily fellowship with my heavenly Father
  • Like Jehoshaphat, prepare my heart to seek God
  • Like Moses, chose rather to suffer than to enjoy the pleasure of sin for a season
  • Like Daniel, commune with God at all things
  • Like Caleb and Joshua, refuse to be discouraged because of superior numbers
  • Like Gideon, advance even though my friends be few
  • Like Aaron and Hur, uphold the hands of the leaders of my congregation (church) with prayer and support
  • Like Stephen, express a forgiving spirit toward all who seek my hurt

And, realizing that I cannot hope to achieve these objectives by my own strength, I shall rely upon the power of God, for “I can do all things through Christ which strengtheneth me” (Phil. 4:13)

5 Things That Millionaires Do Consistently

5 Things That Millionaires Do Consistently

BY MURRAY NEWLANDS | INC.

January 15, 2015

All of us know that money can’t buy happiness, yet money still is helpful. Money provides you the capability of continuing to do what you enjoy. The work you’re doing on a day-to-day basis ought to be what you enjoy doing. In order to have the ability to continually do what you enjoy, you must have the ability to earn an income doing it.

attracting-money

That’s why I believe money actually is very valuable and has its place in being happy. The key includes earning this income from doing what you enjoy, rather than earning that money getting stressed doing something you hate.

It leads us to my first point below. Within this article, I’ve listed the five things that all millionaires do consistently:

Millionaires Do What They Enjoy

It’s an important attribute of millionaires. It’s possible to be a millionaire from doing something you don’t enjoy, yet you never will attain happiness. Reaching millionaire status from doing what you enjoy, on the other hand, is what it is about…your entire journey is going to be wrapped in happiness.

The important thing about doing what you enjoy is that it isn’t just a saying that you repeatedly keep hearing. It really has numerous benefits.

Doing something you enjoy enhances your productivity, increases your motivation, and enables you to become more focused and more energized. This has a flowing effect to every other area of your life…the energy created within yourself is going to be fed to the world, and the ones who have a similar energy are going to be drawn to you.

Millionaires Will Set Goals

I am shocked that the majority of people don’t really establish goals. I know lots of individuals will believe they have established a goal because they possess a rough idea of an outcome inside their head, yet it isn’t actually an objective that has been worked completely through and actually thought out.

All millionaires establish goals. They do not just stumble onto success and fortune. Millionaires possess a concise vision for what it is they hope to accomplish and how much they have a desire to earn.

If you are wondering why you have not been witnessing results like you believed you might, maybe ask yourself whether the objective is clear, well thought-through, and written down.

Millionaires Will Make Themselves Accountable to Other People

Millionaires will surround themselves with energizing, engaging, and supportive individuals who have the ability to keep them accountable.

Becoming accountable to other people has been shown to be among the most efficient methods of remaining on task and continually productive.

Do you see that if you have something in your personal diary, maybe a meeting to go to, social function to attend, or assignment which is due, you become a lot more focused, productive, and disciplined to make sure you’re on time and delivering to the best of your ability?

It’s because you’re accountable to somebody else. It is normal that we don’t want to let somebody else down or embarrass ourselves. That’s why we show up and give it 100 percent.

You must surround yourself with an excellent team. Locate a group or an additional person who is able to hold you accountable. Your success is going to skyrocket.

Millionaires Are Proactive

It’s a very straightforward one. Millionaires are proactive. As a matter of fact, millionaires take a lot of action.

If the above three elements all are present (being accountable to others, having a clear goal and vision, and doing what you love), it is difficult not to take action.

The important thing is that if you go on to do today what you’ve always done, tomorrow you’ll get what you’ve always gotten. It is all about taking the measures in a new direction and then moving ahead to the goal.

Millionaires Are Constantly Learning

Education is critical, as it will lead to success in any life area. Millionaires understand this and realize the importance of spending money on their continuing education to make sure they have the capabilities and knowledge to succeed.

Coaching is an excellent way of investing in education, but there are additional avenues millionaires also embrace when it comes to education, like seminars, courses, or books.

Source: https://smallbusiness.yahoo.com/advisor/post/108834340372/5-things-that-millionaires-do-consistently

BOHEMIAN Club House for MUSICIANS