Category: Mindset

  • Blog #229 – Should you put all your eggs in one basket.

    Blog #229 – Should you put all your eggs in one basket.

    Diversification is a big topic among investors.

    Is it better to have all your money in one thing or to diversify across many things?

    There is no easy answer because it revolves around how risk tolerant a person is.

    Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1

    Warren Buffet

    You are not going to have many great ideas or many great opportunities so when these things come you should take advantage of them as much as you can.

    There is no such thing as a sure thing so know your downside.

  • Blog #228 – How to Manage Your Money!

    Blog #228 – How to Manage Your Money!

    You are managing your money or you are giving up that responsibility for someone else.

    You are at your job to make money. How many years of hard work did it take you to build up that retirement nest? Then you hand over your hard earned money to someone else to manage and invest for you because you do not have the time or education to do it yourself.

    That is what they want you to think.

    Realize that most actively managed funds do no beat the market average.

    The easiest and least time consuming method is to put your money in a low expense ratio Index Fund, like the S&P 500 or Total Market.

    Stay away from fees.

    It’s your money do you know where every cent is?

  • Blog #227 – What you don’t know can hurt you!

    Blog #227 – What you don’t know can hurt you!

    You must be the master or you must hire a master.

    No matter what you are doing if you want it done right you need someone who knows what they are doing. Do not rely on luck or chance.

    The easiest way to get the results you want is to take a model or system that has got that result before.

    Save time and money by doing it right the first time.

    Ask for help if you are not the master or its something you have no interest in learning.

    Early mistakes can lead to huge problems down the road.

  • Blog #226 – Ring the Bell of Success

    Blog #226 – Ring the Bell of Success

    What does it feel like to be successful?

    Do you know this feeling well or has it been missing lately?

    Either way, do something that makes you feel successful. Embrace the feeling and bask in it. Anchor this feeling deep within you.

    Repeat the process that made you feel successful and keep raising the bar. Stretch and grow and the feeling of success will stretch and grow to. You will now have more paths to success.

    Life begins at the end of your comfort zone.

    Neale Donald Walsch
  • Blog #225 – A Reward Greater than Money!

    Blog #225 – A Reward Greater than Money!

    You get paid in direct proportion to the difficulty of problems you solve.

    Elon Musk

    What problem are you solving?

    If you truly care and help people then your reward will be greater than money. You will be rewarded with love, kindness, respect and gratitude.

    People will share only what has an impact on them. The biggest compliment a person can get is when they share your work.

    A great way to make your life better is to share your experience and feelings with others.

  • Blog #224 – How many attempts should you do before you give up?

    Blog #224 – How many attempts should you do before you give up?

    Do you have an outcome you want to happen?

    Striving for goals requires relentless passion and flexibility.

    Most of the time your first idea is not the one that works. Most of the time people give up after their first failure.

    You may try 100 things and the right answer is a combination of idea 3, 18, and 81.

    I have not failed. I’ve just found 10,000 ways that won’t work.

    Thomas Edison
  • Blog #223 – Whats the most enormous goal you can think of?

    Blog #223 – Whats the most enormous goal you can think of?

    Gigantic goals can be intimidating.

    If a goal is huge then it can be very exciting or very anxious.

    Giant goals are achieved by completing a lot of smaller goals first.

    A mountain of mini goals adds up to a large goal.

    Your goal can be to make a million dollars. This can be done by making 1 sale of $1,000,000. Or this can be done of making 1,000,000 sales of $1. Or any combination there of.

  • Blog #222 – Forget this and you will be lost

    Blog #222 – Forget this and you will be lost

    Remind yourself of where you have come from.

    Remind yourself that your past you would of loved to be where you are at now.

    Remind yourself of the blessings you have received and the ones that are yet to come.

  • Blog #221 – How to thrive with Monthly Bills

    Blog #221 – How to thrive with Monthly Bills

    Do you know how much your monthly expenses are?

    Each month bills come at the same time. You will either be ready for them or they will get the best of you.

    Capture and write down how much is due and when. Notice what is essential and what can be eliminated. If you are paying for something that you do not need or that doesn’t brig you joy then eliminate it from your expenses.

  • Blog #220 – How to Make it look easy

    Blog #220 – How to Make it look easy

    Everyone who has done something you admire has more than likely worked their tail off to achieve it. In sports there is a concept of “Natural Talent”. This means that they are naturally gifted and they don’t have to work as hard as most people. It is true that if you are 7′ then you have a greater chance to be in the NBA but what about 5′ 3″ Mogsey Bouges. What if you are not good enough to make your High School basketball team. Would you let this stop you from being the best basketball player of all time like Michael Jordan became.

    The trick to making it look easy is to make it easy. Keep practicing and practicing and practicing until your body and mind have gone through every scenario.

    The real challenge is not winning and losing, it is going out there and giving it your all. Live up to your infinite potential. Do not give your power away by making excuses or blaming other things.

    Be true to yourself.

    Make each day your masterpiece.

    Help others.

    Drink deeply from good books.

    Make friendship a fine art.

    Build a shelter against a rainy day.

    Pray for guidance and give thanks for your blessings every day.

    John Wooden