Today is Giving Tuesday, Celebrated in 90 Countries!
Today is Giving Tuesday, Celebrated in 90 Countries!
The Dinar Recaps Team believes in giving back to the helpers who make our world a better place, one community at a time. Nonprofit (NPO) and Nongovernmental (NGO) organizations work on the front lines every day, to make a difference for those in need, to celebrate arts, culture, healthy living, and education for all, among many other causes.
This year, Dinar Recaps has chosen Rise and Share (an IRS-recognized 501(c)(3) charity) as our 2024 Giving Tuesday charity of choice!
As a charitable organization that serves other nonprofits, all donations to Rise and Share will support their expansion campaign to serve 100 additional nonprofits by the end of 2025. A gift to Rise and Share is a great choice for our readers who care about multiple causes, from animal welfare to youth service, from chronic illness to the arts, from the military to programs for the aging and in underserved communities.
Today is Giving Tuesday, Celebrated in 90 Countries!
Today is Giving Tuesday, Celebrated in 90 Countries!
The Dinar Recaps Team believes in giving back to the helpers who make our world a better place, one community at a time. Nongovernmental (NGO) and nonprofit (NPO) organizations work on the front lines every day to make a difference for those in need and to celebrate arts, culture, healthy living, and education for all.
While we wait, let’s think about all the ways we can help…
What is Giving Tuesday?
Real Or Fake News? How Confirmation Bias Can Affect Your Wealth
.Real Or Fake News? How Confirmation Bias Can Affect Your Wealth
ValueWalk.com Jun 23, 2020,
Last year, financial advisers identified confirmation bias as the third most significant behavioral bias affecting their clients’ investment decisions. How can you keep confirmation bias from creeping into your investment strategy?
In 2018, former New York mayor Rudolph Giuliani, serving as President Trump’s attorney, made headlines when he commented that President Trump should not have to submit to an interview by special counsel Robert Mueller as part of the Russia investigation. “Truth isn’t truth,” Giuliani said in an interview with NBC’s Meet the Press, causing host Chuck Todd to react with incredulity. The controversial quote went on to lead a Yale Law School librarian’s list of the most notable quotes of the year.
Despite what you may think of Giuliani or his comment, his assertion that people have different versions of the truth holds some merit. Confirmation bias, defined as the tendency to seek information that reinforces a person’s pre-existing beliefs, suggests that people may not always be objective, or think critically, before accepting information as fact.
.Fathers Confess: Don't Make the Same Money Mistakes I Did
.Fathers Confess: Don't Make the Same Money Mistakes I Did
US News By Hal Bundrick
In life, there are occasions when we wish we could get a "do-over." Just as in the movie "Groundhog Day" or Tom Cruise's latest sci-fi thriller "Edge of Tomorrow," we would love the opportunity to keep doing something over and over until we get it right. In honor of Father's Day, we're going to give a few dads a mulligan on their money mistakes.
Lesson Learned
Mike Robbins, a motivational speaker and author of "Nothing Changes Until You Do," admits to making his share of financial mistakes and fully intends to pass on what he's learned to his two daughters, ages 5 and 8. Robbins' earliest memory of how financial pressures can affect a family goes back to when he was 8 years old.
Economic Collapse 101: Ten Ways to Prepare for the Unknown
.Economic Collapse 101: Ten Ways to Prepare for the Unknown
By Len Penzo
Economic Collapse 101: Ten Ways to Prepare for the Unknown
By Len Penzo
Most folks are really good about making sure they have the proper amount of insurance for their home and automobiles. But when it comes to ensuring the survival of their family in rough economic times, well … not so much.
It’s no secret that recent volatility in the world financial system has more than a few people openly talking about the threat of an economic collapse — and I’ve been explaining for several years now why I believe an economic collapse is inevitable.
If history is any guide, the good news is that it won’t result in a complete breakdown of society. Argentina has suffered through multiple collapses of its own economy through the years and life goes on — but it remains less than idyllic there.
Nobody can say exactly how the collapse of the “almighty” US dollar will unfold, but you can bet that most people will be unprepared if and when it happens. If we’re lucky, it will happen one weekend after the-powers-that-be announce a bank holiday followed by a complete fully-controlled system reset that results in significantly lower standards of living for everyone.
If not, collapse will be much more chaotic …
The 13 Most Important Items To Keep in a Fireproof Safe
.The 13 Most Important Items Everyone Should Keep in a Fireproof Safe
By Len Penzo
For some people, it’s tough letting go. Of anything.
Take my wife, for instance; she saves everything.
The other day the Honeybee showed me her baseball ticket from our very first date way back on September 24, 1995.
And if I ever feel oddly compelled to scrutinize the birthday card I received from my mother-in-law in 1998, I can rest easy knowing that the Honeybee has it dutifully stored upstairs in our bedroom closet.
What’s that? You say you’re looking for the operating instructions to a vintage Easy Bake oven, circa 1986? If I’m not mistaken, they’re in our closet too, not far from the rest of those 643 old birthday, Christmas, Easter, and Mother’s Day cards she’s been saving that nobody will ever look at again.
Protecting the Important Stuff
I’m a bit more judicious than the Honeybee when it comes to saving things — and I use a fireproof safe for the most important stuff.
.Does Money Buy Happiness?
Does Money Buy Happiness?
Britain’s Most Eccentric Billionaire Reveals the Truth
October 22, 2018 By The Money Wizard
If you’re from the United Kingdom, you’ve no doubt heard of today’s guest.
If you’re an apple pie eatin’ American across the pond like myself, you’re probably just as confused as I was. Well, let me tell you, you’re in for treat.
Our guest is worth an estimated $750 million British pounds, which translates to about $965 million US dollars and places him close enough to a billion to allow me to fib on this article’s headline, mostly guilt free.
He began his path to wealth exactly like you’d expect… as a broke singer in an R&B group, selling magazines on street corners.
Powerful Wisdom From One Of The Toughest Men Who Ever Lived
.Powerful Wisdom From One Of The Toughest Men Who Ever Lived
Notes From The Field By Simon Black
March 24, 2020 Bahia Beach, Puerto Rico
One day back in the late 1990s when I was a wide-eyed 20-year-old cadet at West Point, we were told that a distinguished visitor was coming to speak, and to be seated in the auditorium by 1pm sharp.
This was pretty routine; one of the great things about attending West Point was the seemingly endless line of world leaders, athletes, scientists, and even celebrities who would address the Corps of Cadets.
During my time at the academy we heard from people like Colin Powell, Oliver Stone, Bill Clinton, and countless more.
On that particular day, the speaker was Vice Admiral James Stockdale.
.The Key To Successful Investing Is Patience
.The Key To Successful Investing Is Patience.
Tanza Loudenback
The CEO of a $13 billion investment firm says there's one lesson everyone has to master to build wealth: patienceThe Key To Successful Investing Is Patience
Compound interest is the most important concept to understand about money, Mellody Hobson said.
Mellody Hobson, a co-CEO of Ariel Investments, told the New York Times that the key to successful investing is patience.
Patience leads to compound interest, which is the most important concept to understand about money, Hobson said.
.Don’t Worry; Be Resilient Reduce Fragility & Vulnerability
.Don’t Worry; Be Resilient
Reduce Fragility & Vulnerability
By Charles Hugh Smith
At some point, absorbing more information about the unsustainability of modern society yields diminishing returns. It becomes emotionally draining and thus counterproductive.
Part of this exhaustion results from recognizing our powerlessness within the Status Quo, where independent thinking and structural innovation are intentionally winnowed out as threats to existing institutions and industries.
Another part arises from the burden of knowing that the supposedly permanent Status Quo is far more vulnerable than generally believed. I have described the psychology of knowing what lies ahead in The Burden of Knowing.
A related factor that is never publicly discussed is the negative impact on our mental health of all the propaganda that we are force-fed by the Mainstream Media (MSM).
When truth is incrementally undermined by massaged data and behind-the-façade manipulation, we lose faith in key State and media institutions and suffer from a propaganda-induced disconnect between what we see and what is reported as fact.
These 'burdens of knowing' can diminish the small but real joys of the present: work we like, a home-cooked meal, and time spent with our friends and family.
The Four Views - The Rest of The Story
.The Four Views - The Rest of The Story
Eldon Taylor June 18, 2014
Views of the world from four different minds - four different sets of eyes - four different hearts - How do YOU see the world?
“A man sees in the world what he carries in his heart” - John Wolfgang Von Goethe
A few years ago I wrote a piece that has been rather widely circulated and, based on some of the comments I have seen, not too well understood. The piece is titled, “The Four Views.” Please allow me to share it with you before making any further comments. This then is the story:
Once a wise master had four students who exceeded all others in ability. One day the five gathered, and the master spoke to the first student, “Tell me what you see when you look into the world.”
“I see savagery. The planet is raped. The world hides from the truth. Contaminating material is released everywhere. There is particulate matter in the heavens and acid rain. The rain forests are being destroyed, and so is the ozone. There is such ignorance and selfishness. The world needs so much correction.”
The master replied, “You are right, and I shall call you Correction, for you by your vision have committed to a world of need.”