I have been through the highs and lows of the markets since the late 1990’s and with each major gyration I gain personal insight. Just as I feel it is an important job of parents to help their children identify, appreciate and focus on their inherent strengths, I also feel that investors must work within […]
Our attitudes and thoughts about life often reflect our fundamental, instinctual positioning regarding resources. The resources I am referring to can be anything in life such as food, money, partners or even luck.
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As you know, we live in a nice city on the west coast of North America and as in most temperate areas we have a transient and homeless population. These people can generally survive here because of the mild climate. I have noticed two very different money-making approaches: Active and Passive.
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We have been giving our children a weekly allowance for many years and followed the practice set out by J. D. Rockefeller Jr. As with my own children, his children were expected to Save 10% and Give 10% to a meaningful cause. For a number of years my children have selected a […]
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