Archive for November 2008

Finding Excess Cash

During hard economic times, we can always use extra cash. To get extra cash, you can either get a raise, something which is very hard to do in bad times; get an extra job, something which is hard to do if you’re already spending all your time at work; or sell blood, but there’s [...]

Debt Reduction

We are currently living in a recession. It may get much worse before it gets better. The smart money is now actively reducing their debt. They know that when times get tough, income declines, and ability to pay debt is severely reduced. You may be feeling that pinch personally.
Here’s the answer. [...]

Investment Strategy: Be Contrary

In the banking industry, I work with many very wealthy individuals and companies. Some are struggling, on the brink of failure, just a hairbreadth away from a bankruptcy which inevitably is going to come. It’s just a matter of time. Others have battened down the hatches, sure they’ll survive, but figure they’ll [...]

Practice Makes Perfect

A young gymnast loved his sport. He didn’t mind the long hours spent practicing, pushing himself and his teammates to perfect their routines. The time in the gym was part of the whole experience for him. Practice was a joy, the thrill of trial and error and the challenge of getting better [...]

How to Find a Mentor

You have a goal: Something you want to do, certain things you want to accomplish.
Your problem: You don’t know how to go about it.
Your solution: Find a mentor.
What’s a mentor? Someone who has already done what you want to do, and is willing to teach you how to do it.
How do [...]

Good Vibrations

When I was younger I took guitar lessons. I got to be pretty good. I had mastered most of the chords major and minor and could do some pretty intricate fingering. I started in to learn classical guitar methods where I could play complete songs using each string individually. It was [...]

Break It Down

You want to accomplish huge things? You want to go places? You want to make it big? The problem is you don’t know how.
It’s not really a problem. There’s a way you can accomplish anything you want. You just have to break it down into smaller pieces, and [...]

Take a Vacation

My wife and I recently got back from a 2 week vacation. The 1st week was spent in Florida, the 2nd week was split between Salt Lake City for a couple of days, then the rest in San Diego.
It was a great time; a needed time. Sometimes your mind and body [...]