June 14, 2017

Items in italics are direct quotes from the articles below

http://www.businessinsider.com/how-to-stop-using-filler-words-speech-presentation-2016-12

Americans are famous for using filler words like “um”, “uh”, “like” and “y’know”. On average, we utter two to three filler words for every 100 words we speak. One method to stop using filler words is the clap method. Ask someone to listen to you speak and clap whenever you use a filler word. It will seem weird at first, but you’ll be able to determine how many filler words you use in your daily conversation. The self-recording method involves setting up a camera or cell phone device to record yourself during conversation. The best way to correct yourself from using filler words is by pausing in between each thought. “It is a matter of training yourself to tolerate a long pause and telling yourself that you will not lose people’s attention or respect.” – Paula Statman. People will also use filler words when experiencing anxiety. A good way to manage this anxiety is to shift your focus to helping the audience. Finally, it’s important to practice giving speeches, so you will build your confidence. The best way to communicate your spirit is through your words, and in my opinion the most efficient and effective way to communicate your words is through speaking. Your spoken words can communicate tone in a way that written words can’t. Remember that words are powerful. Words can become flesh.

https://www.bloomberg.com/news/articles/2017-04-25/renaissance-mints-another-billionaire-with-two-more-on-the-cusp

“Today a reader, tomorrow a leader.”

―Margaret Fuller

Want to know one of the “secrets” to becoming a better leader? Become a more voracious reader. One of the best ways to “stand on the shoulders of giants” is to read. We hear it all the time–that the most successful people, our greatest leaders, are people who read constantly (including Bill Gates, Steve Jobs, Elon Musk, and Warren Buffett). Reading for leaders is a way to broaden their knowledge, to expand their world view, to gain insight and widen their perspectives. But the secret is knowing what to read. Not every book will get you where you need to be. Here is my list of the top five books you must read if you want to become a more successful, well-rounded leader. The five books are: The Leadership Gap: What Gets Between You and Your Greatness, Turn the Ship Around! A True Story of Turning Followers into Leaders, Give and Take: Why Helping Others Drives Our Success, The 48 Laws of Power, and Wooden on Leadership: How to Create a Winning Organization. Each book is worth reading, however I’ve selected a direct quote from the article regarding the 48 Laws of Power. “When you show yourself to the world and display your talents, you naturally stir all kinds of resentment, envy, and other manifestations of insecurity. … You cannot spend your life worrying about the petty feelings of others.” A contrast to the usual “feel-good” tone of most leadership books, The 48 Laws of Power brings a hard-edged ruthless grit based on the philosophies of Machiavelli, Sun Tzu, and Carl Von Clausewitz and stories of politicians and other manipulators throughout history. Robert Greene’s “48 laws” focus on making yourself look good, building your own confidence, self-preservation, and winning. Even if it’s a message you’re not entirely comfortable with, it’s one you need to know. It’s important to listen to different points of view even if you may not agree with the point of view. Each of these books, I believe will help draw out the leader in you. Be a servant leader and serve for the greater good of eternity and legacy. Just remember that when you lead you can be the target that gets hit first, so be true to the values you believe in.

If you are interested in creating a budget, then contact me for a financial checkup in the contact me section. Also, learn more about the self-lending principle in the mustard seed section.

For this week, I’ve included SINK OR SWIM – Motivational Video | You don’t have to face yourself on Friday from Fight it or Accept it YouTube channel.

“If you think you know it all, you’re a fool for sure; real survivors learn wisdom from others.”

Proverbs 28:26 MSG

June 7, 2017

Items in italics are direct quotes from the articles below

http://www.cnbc.com/2017/05/05/owner-of-americas-top-small-business-says-what-it-takes-to-succeed.html

The last week has been pretty incredible for the Maui Brewing Company. The U.S. Small Business Administration named co-founders Garrett Marrero and Melanie Oxley the National Small Business Persons of the Year. Online media brand Thillist named Maui Brewing Company the best craft brewery in the state. Two of its brews were recognized in the Los Angeles International Beer Competition and four of its brews got medals at the San Diego International Beer Festival. The recent accolades feel great, according to co-founder Garrett Marrero, 38. But what people don’t understand, he says, is how much work went into achieving that success. “I have had the comment, ‘Oh, it must be nice,’ sometimes. And I hear that, from someone and I am like, ‘You know what, yeah, it is nice. We have a nice home, it’s great to run a company like we do and to work with the people we do but the sacrifice that we put in? It meant no vacation, it meant being broke,” says Marrero. “If it was easy, everybody would be doing it. And it’s much easier to be on the other side of the fence pointing back at a successful business saying, ‘Oh yeah, that would have been so nice, I wish I would have done something like that.'” Morrero was working in San Francisco in finance when he decided to move to Hawaii in 2004 with his at the time girlfriend and now wife and business partner. In 2005, he started the company as a small brew-pub in 2005. A few years later, the company expanded into retail sales. By 2013, the Maui Brewing Company hit $10 million in sales. In 2016, it did between $12 and $16 million in revenue (Marrero declined to be more specific) and this year, it expects to do $20 million in sales. Currently, it has almost 400 employees. By the end of 2018 or early 2019, it plans to have opened additional restaurants and be employing 700 people. Maui Brewing Company’s success was buoyed by the rise in popularity of craft beer in the time since it opened, says Marrero. In 2005, there were 991 brew-pubs, 354 microbreweries, and 49 regional breweries, according to the Brewers Association, an industry organization. In 2016, there were 1,916 brew-pubs, 3,132 microbreweries and 49 regional breweries. The company isn’t successful just because of the owner’s commitment, its success is because of the commitment from every single employee. When the company sold off its old production space to two couples wanting to launch a start-up craft brewery, Marrero said “”I was very clear, I said, ‘This is going to be the hardest work you have ever done,'” he says.” ‘You are going to cry, you are going to bleed, you are certainly going to sweat here. Just be prepared, this is not going to be easy. You look at what we have today, that’s not the way it was five, six, seven, 10 years ago. If you are not ready to give it 110 percent every day, day in, day out, then running a business isn’t for you.'” In addition to putting commitment into your business, you also to have goals, and believe you will accomplish them. “If you don’t set out with the vision of being successful, you are going to fail,” says Marrero. “We were not willing to quit. The vision had to be focused like a laser in order to really get to where we are.”. Where there is no vision you will perish. Your vision and mission will drive you. If you wrap your vision and mission around the lens of eternity and legacy you will have a foundation that will give you the energy to keep moving forward even if it’s slowly.

http://www.investopedia.com/investing/marijuana-stocks/

Some people may envision the legalization of marijuana as an opportunity for someone like Philip Morris to start selling marijuana cigarettes. It’s much closer to the truth to say that marijuana is showing potential for medical uses, and companies that are developing medical applications for the plant stand to gain in the marketplace. The rush to get in on the marijuana craze has created hundreds of startups. The odds are that many of these will fail. The winners so far are established companies that are adding marijuana to their focus. Even the winners have seen drops in price lately. We have selected four marijuana stocks that have the potential to make significant gains. These stocks were chosen based on their array of marijuana-related products. These products are either in use or awaiting FDA approval. All figures are current as of June 12, 2017. The four stocks to watch are: ABBV, SMG, CRBP, and INSY. AbbVie Inc is a pharmaceutical company that currently has a cannabis based drug on the market. The FDA approved Marinol, which helps alleviate nausea or vomiting for chemotherapy patients. The drug also helps AIDS patients who have lost their desire to eat. This product is not the main product for the company. ABBV has reported increasing revenues in the past four years. In addition, its operating income has been increasing steadily. The company is benefiting from a host of useful drugs, including Marinol. This is a way to play the marijuana trend without incurring 100% exposure to the plant. Scotts Miracle-Gro Company which is known for its lawn and garden-care lines, the company is developing products for cannabis growers and also several pesticides for use on marijuana plants. The author recommends watching this stock rather than buying. Corbus Pharmaceuticals is a stock that has been volatile over the past few years. Resunab, which is designed to treat sclerosis, has had promising trials. The stock has tended to dip just before trial results are announced, then rally when the results are positive. Now Corbus is testing Resunab as a treatment for cystic fibrosis. The pessimism/optimism pattern will continue to play out as this drug is tested yet again. The company has negative operating income, and revenues are close to zero. Corbus is a company depending on the success of a single drug that could make or break it. In my opinion, this stock is a high-risk stock, and if you invest in this stock have a short-term strategy to invest for the capital gains. Insys Therapeutics, Inc. is in the process of developing a synthetic cannabis drug to treat childhood epilepsy. This company markets many non-canabis drugs. The company is also developing a spray technology to deliver the pharmaceutical based canaboids. Biotech stocks will normally exhibit volatility. It is best not to invest based on enthusiasm over marijuana, and keep a level head about actual results from drug trials. The pesticides angle is interesting, but such a product would have limited sales until marijuana is legalized nationwide. Know your asset class and focus your asset acquiring strategy to build your investment portfolio.

If you are interested in creating a budget, then contact me for a financial checkup in the contact me section. Also, learn more about the self-lending principle in the mustard seed section.

For this week, I’ve included PROVE YOU CAN DO IT – Motivational video from MulliganBrothers YouTube channel.

“If you think you know it all, you’re a fool for sure; real survivors learn wisdom from others.”

Proverbs 28:26 MSG

May 24, 2017

Items in italics are direct quotes from the articles below

http://www.investopedia.com/articles/markets/050614/introduction-dark-pools.asp

Dark pools are an ominous-sounding term for private exchanges or forums for trading securities; unlike stock exchanges, dark pools are not accessible by the investing public. Also known as “dark pools of liquidity,” they are so named for their complete lack of transparency. Dark pools came about primarily to facilitate block trading by institutional investors, who did not wish to impact the markets with their large orders and consequently obtain adverse prices for their trades. While dark pools have been cast in a very unfavorable light in Michael Lewis’ bestseller “Flash Boys: A Wall Street Revolt,” the reality is that they do serve a purpose. However, their lack of transparency makes them vulnerable to potential conflicts of interest by their owners and predatory trading practices by some high-frequency traders. (See also “How IEX is Combating Predatory Types of High-Frequency Trades.”) Dark pools have been around since the 1980s. Since you may not have heard of dark pools before, I’m going to use a lot of quotes from this article. Consider the options available to a large institutional investor who wanted to sell 1 million shares of XYZ stock before the advent of non-exchange trading. This investor could either (a) work the order through a floor trader over the course of a day or two and hope for a decent VWAP (volume weighted average price); (b) split the order up into say five pieces and sell 200,000 shares per day, or (c) sell small amounts until a large buyer could be found who was willing to take up the full amount of the remaining shares. The market impact of a 1-million sale of XYZ shares could still be sizeable, regardless of whether the investor chose (a), (b), or (c), since it was not possible to keep the identity or intention of the investor secret in a stock exchange transaction. With options (b) and (c), the risk of a decline in the period while the investor was waiting to sell the remaining shares was also significant. Dark pools were one solution to these issues. There are more than 40 dark pools registered with the SEC, made up of three types: broker-dealer owned, agency broker or exchange-owned, and electronic market makers. There are pros and cons of dark pools. The advantages are reduced market impact, and lower transaction costs. The disadvantages are exchange prices may not reflect the real market, pool participants may not get the best price, vulnerability to predatory trading by HFTs, and small average trade sizes reduces need for dark pools. The recent HFT controversy has drawn significant regulatory attention to dark pools. Regulators have generally viewed dark pools with suspicion because of their lack of transparency, and the controversy may lead to renewed efforts to curb their appeal. One measure which may help exchanges reclaim market share from dark pools and other off-exchange venues could be a pilot proposal from the Securities and Exchange Commission (SEC) to introduce a “trade-at” rule. The rule would require brokerages to send client trades to exchanges rather than dark pools unless they can execute the trades at a meaningfully better price than that available in the public market. If implemented, this rule could present a serious challenge to the long-term viability of dark pools. Dark pools provide pricing and cost advantages to buy-side institutions such as mutual funds and pension funds, and these benefits ultimately accrue to the retail investors who own these funds. However, dark pools’ lack of transparency makes them susceptible to conflicts of interest by their owners and predatory trading practices by HFT firms. The recent HFT controversy has drawn increasing regulatory attention to dark pools, and implementation of the proposed “trade-at” rule could pose a threat to their long-term viability.

http://www.businessinsider.com/mind-expanding-ted-talks-under-10-minutes-2017-5

Big ideas can come in small packages. Take TED Talks, the beloved lectures on technology, entertainment, and design. Some of the most insightful talks take up less than 10 minutes of the viewer’s time. They’re perfect for when you want to expand your horizons and still get to that thing you’ve been meaning to do. Here are some talks to turn to if you want to get smarter in a hurry. “How to speak so that people want to listen” by Julian Treasure. Julian gives six tools to consider when speaking, including pitch, and other factors. Anyone can use the power of words
if he does it intentionally. “Get ready for hybrid thinking” by Ray Kurzweil. Ray Kurzweil, a futurist and inventor, argues that in two decades, human thought will be a mixture of biological and nonbiological processes. According to Kurzweil, the brain would operate the same as it does today, but if you needed some extra juice you’d be able to connect to the cloud for external neural connections — all thanks to nanobots that would live in your brain and connect to that cloud. The remaining suggested TED Talks are: “I listen to color” by Neil Harbisson, “5 dangerous things you should let your kids do” by Gever Tulley, “The next outbreak? We’re not ready” by Bill Gates, “The hidden power of smiling” by Ron Gutman, “Grit: The power of passion and perseverance” by Angela Duckworth, “Let’s try emotional correctness” by Sally Kohn, “Forget multitasking, try monotasking” by Paolo Cardini. Each suggested video is only ten minutes long, but it provides a wealth of information. I suggest that each day you should try to watch or read something new to constantly challenge your mind. Your mind is a muscle too, and it needs to be exercised.

If you are interested in creating a budget, then contact me for a financial checkup in the contact me section. Also, learn more about the self-lending principle in the mustard seed section.

For this week, I’ve included Warren Buffett – How to Stay Out of Debt Forever from Truly Rich Noypi YouTube channel.

“If you think you know it all, you’re a fool for sure; real survivors learn wisdom from others.”

Proverbs 28:26 MSG‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬

April 26, 2017

Items in italics are direct quotes from the articles below

http://www.businessinsider.com/11-mental-habits-to-give-up-if-you-want-to-succeed-2017-4

Stop waiting for happiness and success — you can start achieving them in the present by giving up these toxic things. When we aim to become happy and have a successful outlook, we often focus on getting to the next station in life. Happiness is seemingly always “someday” in the near-distant future — like once we finally land that promotion or find the right partner. I’m a huge proponent of setting new aspirational goals, but I also know the severe importance of having a positive outlook on life. Your inner-happiness needs to be harnessed in the present, so you can use the power of positive thinking to reach those new heights eventually. When you solely focus on the future to be happy, you end up ignoring the toxic habits and attitudes that could be dragging it down in the present. It won’t be a cakewalk, but it is possible to harness a successful and upbeat outlook now with some shifts to your mindsets and habits. The 11 habits you need to give up if you want to succeed are: give up FOMO, give up unrealistic standards of perfection, give up on expecting praise from others, give up on negative self-talk, give up on being defensive, give up the scarcity mindset, give up on being set in stone, give up the short-term mindset, give up on the negativity of others, give up comparison, and give up self-doubt. FOMO stands for fear of missing out. It’s important to evaluate each decision before you make one and not let the fear of missing out govern your strategy. Don’t let your identity be determined by what others think of you, have the courage to see the abundance of life, stay focused on your path, and be flexible. Each mental habit the author encourages you to give up is a negative self-habit on how you respond to the world around you. No man is an island, and we genuinely do need each other at some point to survive. Studies estimate that we say 300 to 1,000 words to ourselves every single minute. If you engage in negative self-talk, that’s a lot of nasty words being thrown your way. That’s why none other than the U.S. Navy SEALs swear by positive self-talk as a way to take on a strenuous day, and to avoid negativity. When their oxygen flow is suddenly cut off underwater, SEALs are able to tough it out by telling themselves that everything is fine and thinking positively. So you can probably also use this tip to get through a day at the office. To start, tell yourself how great your day is going to be as you’re riding the subway or driving down the freeway. If you start encountering a rough morning, go outside for a few minutes and repeat some more positive affirmations to yourself.  If you aren’t in the habit of using positive words for yourself then I suggest you find books that have positive themes. Personally, I believe in taking the time to read the Bible. If you take the time to read the book of Proverbs, you will be filled with a wisdom that can truly impact your life. All habits can be changed even if it’s one small step at a time.

http://www.investopedia.com/advisor-network/articles/how-market-pricing-should-fit-your-investing-strategy/

The investing world can be a scary place. It can also be exciting. At times, it can seem like there’s nothing to it, and at other times it can seem like the most complicated thing you’ve ever done. All of the thoughts and emotions that are part of investing are enhanced because, after all, you are putting your money and your financial future at risk. Risk and reward go hand in hand when you invest. You can be very conservative and not subject your investments to much risk, but then you are not going to get much in the way of return on your investment dollars. Or you can take a lot of risk, looking for the proverbial home run. That approach can lead to stellar returns, or it can lead to distressing losses. So what is your strategy when it comes to investing your portfolio? Are you actively looking for that one piece of information that will give you the edge you need to catch the next wave of increasing prices of your favorite tech stock? Or maybe you suffer from “paralysis by analysis,” overwhelmed by the information flow and its potential impact on your portfolio? (For related reading, see: Information Overload: How It Hurts Investors.) A newly formed strategy is investing based off President Trump’s tweets. There are a wide range of strategies out there, and this article is devoted to introducing you to the strategy that the author uses. The first building block in the science behind this investment philosophy is the need to embrace market pricing. While that sounds a little complicated, it’s really not at all. It simply means that the financial markets are very efficient and that all of the information available on a particular stock, bond or other investment is reflected in the current price. Millions of investors around the world buy and sell investments every day, and the information they bring to the markets helps to set prices. When some new information affecting an investment comes out, it is immediately factored into the price of that investment. Let’s use the price of Apple stock as an example. If Apple is coming out with a new iPhone soon, you know about it, we know about it, and millions of people around the world know about it. There is no way to profit from any kind of information edge that you might think exists, even if it is only temporary. That’s why it’s not a good idea to run out and buy Apple stock when you hear the news. Years ago, there may have been some pieces of information that took time to work through the markets, but with today’s technology, that time gap has disappeared. Many of us have alerts on our smartphones that let us know in real time when some important news has been released. (For related reading, see: How the Internet Has Changed Investing.) The author recommends using an evidence-based investment strategy, and this strategy requires humility. You must be humble enough to know that you will not know more than the market. I recommend that you find the asset class you are passionate about, and research it in depth through experience, talking with others experienced in that asset class, and vigorous research either online and or through books. Once you have your investment strategy, make sure you have a good mix of assets. Your assets should have two basic strategies one for insurance, and one for wealth-building. The goal is to always look at your strategy through the lens of eternity and legacy. Think about your children’s children and the impact on the world around you.

If you need are interested in creating a budget, then contact me for a financial checkup in the contact me section. Also, learn more about the self-lending principle in the mustard seed section.

For this week, I’ve included 50 Rules & Advice From Successful Billionaires and Entrepreneurs from Motivation Archive YouTube channel.

“If you think you know it all, you’re a fool for sure; real survivors learn wisdom from others.”

Proverbs 28:26 MSG

 

April 19, 2017

Items in italics are direct quotes from the articles below

http://www.businessinsider.com/laura-vanderkam-power-hour-productivity-2016-10

Laura Vanderkam the author of this video argues that we should consciously spend time on the parts of our job that initially drew us to our job in the beginning. To do more of the things you love, you must recognize that certain aspects of work will expand to fill all available space. She uses e-mail as an example. We should carve out time to go after the higher priority item, and the best way to do this is a power hour. So, for the first hour of the day instead of doing e-mail, work on the first top priority item of the day. Try to carve out Monday morning for whatever is most important to you. And particularly for sort of speculative important but not urgent work that you’re going to have a hard time carving out time for. If you do it Monday morning it’s kind of the equivalent of paying yourself first.
This type of process is best for a high priority project but not a urgent project.. Time is our most valuable and precious assets, so it’s important to use effectively and wisely. I’ve found myself getting up early so I can carve out time to manage my spiritual life, and my business life. Arriving earlier to work allows me time to work on larger weekly tasks without having to be stressed. By doing this simple habit, I build margin into my time, and honor the principle of rest and I don’t go into time debt.

http://www.businessinsider.com/best-books-for-first-time-investors-according-to-a-financial-adviser-2017-4

If you are uncertain, optimistic or nervous about investments right now, it may be a good time to do a little reading. Knowledge is really the best way to counterbalance emotions, which we know may be running high for some right now. Our advice: Check out what the masters have said. They’ve devoted their lives to understanding investing and captured it all in print. It turns out there is truly nothing new under the sun; their insights apply year-in and year-out. We love original sources, so here’s our top seven books for you to read or re-read. If you don’t enjoy reading, then I challenge you to build this important habit. The books express the author’s ideas more fully than video or audio. Try reading a page out of your favorite book a day, even if it’s a children’s book. If you still don’t enjoy reading, then try an audio version, video summary, or even consult with a respected friend. The top seven books are: Security Analysis by Benjamin Graham and David L. Dodd, Margin of Safety by Seth Klarman, Against the Gods: A History of Risk by Peter Bernstein, Antifragile by Nassim Taleb, The Upside of Stress by Kelly McGonigal, Wealth in Families by Charlie Collier, Classics: An Investor’s Anthology by Charles D. Ellis. Each book will introduce you into the world of risk, and proper thinking of an investor. It’s important to remember that you can’t just do the process, and expect the results, it’s even better to understand the process. Use your own gifts and talents that were given to you since you were born to creatively execute your investment strategy. Also have a budget. You should know what your bottom line number is monthly before you add on the stress of investing. Be willing to lose it all, and have in place an investment strategy for savings and for wealth. If you don’t have a budget in place then please contact me to let me show you my system.

If you need are interested in creating a budget, then contact me for a financial checkup in the contact me section. Also, learn more about the self-lending principle in the mustard seed section.

For this week, I’ve included the Darkness – Motivational Video from MulliganBrothers YouTube channel.

“If you think you know it all, you’re a fool for sure; real survivors learn wisdom from others.” Proverbs
28:26 MSG‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬

March 22, 2017

http://www.investopedia.com/articles/personal-finance/070115/3-secrets-you-didnt-know-about-estate-planning.asp

Estate planning is complicated, which is why it’s highly recommended that investors seek an experienced financial advisor and/or attorney to help sort everything out. The three estate planning secrets below will help investors stay on the right path. (For more, see: Estate Planning: Introduction. The three secrets to know is avoid disinheriting children, divorce inheritance protection, and trust beats probate. If you have children from a previous marriage and want to pass your assets to them, then it’s possible that the stepfather or stepmother could pass those assets on to their children or even new spouse. A good way to prevent this event is using a living trust instead of a beneficiary designation or joint ownership. If you have a six-year-old child, then you’re not going to be very concerned with that child getting divorced at some point down the road. However, it’s never too early to start planning, and the divorce rate is currently around 50% in the United States. If you don’t take the correct actions, your child’s inheritance could end up in the hands of his or her ex. This is surely not what you have in mind for an inheritance, especially if your child is currently married and you’re not fond of the spouse. The solution is a specially designed trust. With this approach, trust shares are created when you pass, and each share will remain in the trust so the trustee can handle the shares. As a trustee, the child will be able to handle those funds as he or she desires, and this trust is protected from creditors and bankruptcy. An exception to the previous statement is if the trust is used to guaranty a loan, in which case the creditor can look for repayment from the trust. Finally, if your estate is planned through a will then it must go through the probate court system which often involves fees, taxes, and legal fees. An important note is that having a living trust doesn’t guarantee that you will avoid probate. In order to avoid probate, all assets must be titled in your name. This includes bank accounts, certificates of deposit (CDs), stocks, bonds, real estate, etc. (For more, see: 6 Ways to Lose Your Estate.) It’s important to consider the benefits of a living trust vs. a will. Trusts take a little more money to create, however as the author states in the long term, there is more money that can be left to your children. It’s important to be able to provide for your children’s children. If you’re interested in learning more about how I can help you with setting up a living trust contact me, and I’ll be glad to offer a direction.

http://www.investopedia.com/investing/alternative-investments-stock-market/

Most people think of investing as buying stocks and bonds. The more adventurous might think about a real estate investment trust (REIT). Also, some people consider buying stocks of mining companies or investing in a metals exchange-traded fund (ETF) as a way to invest in gold, silver, platinum and other metals. But what if you want to avoid anything that trades through a broker or online discount broker? There are alternative investment opportunities. Some of them can make you a lot of money, and some of them may make you a little money. Either way, you are not trapped into choosing stocks, bonds and ETFs that are traded publicly. When you start thinking about alternative places to put your money, you need to stay away from scams and get-rich-quick schemes. You need some legitimate investment vehicles that may help you prosper. (See also: Should Your Retirement Portfolio Include Alternative Investments?). The author made sure that all facts and figures were current as of February 15, 2017. The four alternative investments are peer to peer lending, real estate, gold, and owning your own business. With Peer to Peer Lending, your money is invested with a pool of other investors to loan money to people for either personal or business purposes. Your rate of returns is typically, however the risk is also higher, because these borrowers are typically not able to get loans through traditional lending institutions. I’ve discussed gold, real estate, and business in previous blogs, but it should be noted that the author recommends that an allocation of five to 10 percent in gold is considered healthy for an individual’s portfolio. It’s important to have a knowledge of each asset class. The question you should ask yourself is am I investing for capital gains or cash flow? Have I properly protected my assets? How liquid am I? Are my assets creating wealth? My strategy may not work for you because my wants, needs, goals and vision is different. Create a foundation for yourself and build from it.

Items in italics are direct quotes from the articles above

If you need are interested in creating a budget, then contact me for a financial checkup in the contact me section. Also, learn more about the self-lending principle in the mustard seed section.

For this week, I’ve included Don’t Allow Them to Doubt You – best motivational video from the Motivation Archive YouTube channel.

“If you think you know it all, you’re a fool for sure; real survivors learn wisdom from others.” Proverbs
28:26 MSG‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬


March 15, 2017

http://www.investopedia.com/news/rich-get-richer-savers-lose-1-trillion/

America’s Gilded Age in the late nineteenth century was famous for industrialists who amassed unimaginable wealth — such as John D. Rockefeller, Andrew Carnegie, and Cornelius Vanderbilt – and also for the era’s startling poverty. The U.S. is seeing something like that today. The booming stock market, up three-fold since the financial crisis, is no source of excitement for risk-averse small investors and savers, particularly retirees who expected to live off interest income. From 2008 through 2015, U.S. savers lost nearly $1 trillion of income from the cratering of yields on bank deposits and bonds, according to research by insurance company Swiss Re cited by the Wall Street Journal. And that’s even after adjusting for the benefit from paying lower rates on personal debt. Back in 2007 one-year CD yields were close to 4%, and currently one-year CD yields are less than 1%. Many retirees who were dependent upon these higher rates are being forced to find spare to part time work just to make ends meet. Some are moving into the stock market in the hopes of higher yields, and some can’t pay their bills. Time is a valuable tool, and to take advantage of compounding interest, a person must start early and often. A person should constantly be investing in his financial education and at the same time continue to create value for the sake of generating income and or security. I do recommend teaching yourself the self-lending principle as a means of breaking free from the cycle of consumer debt. When you buy assets, buy assets that are passive income producing that can be turned into a system and scaled. Without being creative, I argue a person could become a victim of the wealth gap that today’s current retirees are experiencing. That wealth gap is highlighted by the disparity between the pay of CEOs and their workers, which grew even wider in 2016, according to a study by consulting firm Compensation Advisory Partners, as cited in a Bloomberg story. The study looked at 42 U.S. public companies, a relatively small sampling, but it nonetheless is sure to spark debate. It found a 5.5% median pay hike for their CEOs, roughly double the 2.8% rise for the year in hourly pay for non-farm private sector workers, according to the U.S. Bureau of Labor Statistics. There is an income gap between workers and CEOs, so it’s important to work your job but also mind your business. What is your business? Your life. Every penny that comes into your bank account is your responsibility. Make your money work for you without you having to always work for it.

http://www.marketwatch.com/story/robert-kiyosaki-says-entrepreneurs-should-read-this-book—-it-will-talk-to-your-soul-2017-02-28

Robert Kiyosaki has an unusual reading recommendation for would-be entrepreneurs — one that even the most devoted fans of the “Rich Dad, Poor Dad” author might not see coming. It tells the story of a knight about to meet his death in battle. It’s written by a Hollywood movie star. For Kiyosaki, it’s become a treasured read. “Believe it or not I read a lot of spiritual books. One of the best is ‘Rules for a Knight’ by Ethan Hawke,” Kiyosaki said during a January interview, when asked if there were any books he would recommend for MarketWatch readers. “It’s so well written, talks to your soul,” he said of the book. “All my friends are entrepreneurs and they all get copies of it.” This books takes the form of a letter from a knight written to his children right before battle, and it outlines the rules for being a knight. That may not sound like fertile material for learning the secret to success in the 21st century business world, but the knight’s rules do have an aura of entrepreneurial mantra about them. The rule for humility begins, “Never announce that you are a knight, simply behave as one,” while the rule for gratitude states, “For all that has been, a knight says, ‘Thank you.’ For all that is to come, a knight says, ‘Yes!’ ” Robert Kiyosaki states that he only operates at the highest of spiritual values and seeks to do business with people with similar values. Values such as integrity, and honor are words with significant meaning. Personally, I look for a person with strong spiritual values such as transparency, integrity, and consistency. Another book he recommends is “The Untethered Soul,” by Michael A. Singe. If you prefer your reading to be more firmly rooted in the worlds of business and finance, Kiyosaki suggested two books on economics in MarketWatch’s live interview with him in August, which you can read more about here. Robert Kiyosaki’s “Rich Dad Poor Dad” is coming upon its 20th anniversary, and it is a good introduction into looking at money differently. This book was personally recommended by my good friend. His mentoring and this book helped shape in part how I look at finances. If you read that book, then you must read his second book “Cashflow Quadrant”. If you don’t enjoy reading, then I suggest the audio book version or even the short summary clips you can find on YouTube. However, reading is essential to being able to see into how a writer thinks and it’s not the same as a quick edited version. I’ve found that when I’m struggling to read a book, I read something I enjoy reading and then pick up and read from the book I’m struggling with. Block out a time even if you have to set an alarm for it to make the time to read. Your brain is a muscle and it needs a work out from time to time.

Items in italics are direct quotes from the articles above

If you need are interested in creating a budget, then contact me for a financial checkup in the contact me section. Also, learn more about the self-lending principle in the mustard seed section.

For this week, I’ve included The Wisdom – Bruce Lee from the Absolute Motivation YouTube channel.

“If you think you know it all, you’re a fool for sure; real survivors learn wisdom from others.” – Proverbs 28:26 MSG‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬