The Fear of Losing It All

The Fear of Losing It All

By Charlotte Cowles@charlottecowles

About five years ago, I received a tax bill in the mail for a crazy amount. I can’t even remember what the number was because I practically blacked out. I had to lie down on the floor to stop the room from swimming. I couldn’t pay this money. I didn’t have it. What could I sell? Who could I borrow from? Could I charge it on my credit card? Should I open an additional credit card?

My immediate reaction was a textbook case of what psychologists call “scarcity mind-set” — the panic of not having enough, the doomsday thoughts that immediately followed, and the onslaught of bad ideas for “quick” fixes. As it turned out, I had misread the bill, and after closer examination and a couple of phone calls, I was able to sort things out and resume my normal heart rate.

In theory, the threat of coming up short should have spooked me into making smarter financial decisions in the long run (saying no to an expensive dinner and bulking up my savings instead), and research does show that it can incentivize people to stretch their money further

But that effect is only temporary, and it can backfire. According to several studies, people’s brains function differently when they perceive or anticipate scarcity.

More specifically, people get dumber: One study found that when subjects simply thought about a big bill that would strain their finances, their cognitive abilities plummeted by an average of 14 IQ points — a similar deficit to pulling an all-nighter.

When people simply thought about a big bill that would strain their finances, their cognitive abilities plummeted by an average of 14 IQ points.

“When you experience the feeling of not having enough, your concerns with money consume your cognitive resources,” says Jiaying Zhao, a psychologist who studies scarcity at the University of British Columbia. “As a result, you’re no longer able to perform at the same level that you would otherwise.”

This fight-or-flight response affects people of all socioeconomic levels, she adds. “Scarcity is inherently subjective. Your perception of how much you have versus how much you need is different from your objective level of income. A rich person can still experience scarcity if they feel they can’t juggle their demands.”

Once in scarcity mode, people tend to become hyper-focused on the present and lose perspective on longer-term planning. “Any time we get into fear-based thinking, the part of our brains that can compare options and accurately assess risk and opportunity goes offline,” says Amanda Clayman, a therapist who specializes in money issues.

“People in this mind-set tend to do things like put more money on their credit cards and let debt creep up because they’d rather borrow money than spend down what they actually have.” (My reaction to the tax bill, in a nutshell.) Of course, this decision makes sense in the moment — you want to avoid hitting zero at all costs. But you may be digging yourself into a bigger hole in the process.

Many people don’t just experience this abject terror every once in a while, like I did — they live with it all the time, says Zhao. If it’s not at the forefront of their brains, it’s squatting somewhere in the back, weighing down their cognitive bandwidth and inducing that fluttery dread when a bill arrives, even when they can technically afford what’s on it.

This anxiety is very real. But the reasons behind it can vary, and sometimes they aren’t entirely rational. Psychologists have found that this “starvation” mentality is more prevalent in those who grew up in financially volatile families or have experienced periods of intense budgetary pressure, which can make security seem more tenuous.

Even if these people are financially stable, they may never feel that way, and miss out on opportunities to manage their money more strategically as a result (the classic example is hoarding cash instead of investing in the market).

To continue reading, please go to the original article here:

https://www.thecut.com/2019/03/money-problems-stress-finances-debt-advice.html

Coping With the Guilt of Losing Money

Coping With the Guilt of Losing Money

By THE INVESTOR 

I accept it’s normal to feel frustrated, angry, or even downright stupid when you lose money on your investments.

But what about guilt?

 My portfolio’s fall from its peak value in summer 2007 to a low in October 2008 represents a big loss for a 30-something private investor like me: at least a couple of years of after-tax income in cash terms.

 More importantly, the losses meant I had fewer options in October 2008 than the year before. I’d originally begun investing to build up a house-buying war chest for when the over-valued housing market corrected itself.

 After several years waiting, house prices were finally falling, but my investments had fallen further.

It was my sister who put it simplest and best, when I explained to her my fate:

 “Ah, I see. If only you’d sold all your investments and put the money into a savings account! Now you’d have even more money, and you could buy a cheaper house.”

 My sister was a 100% right.

 Being told what I did wrong by my sister, who takes no real interest in money, might have hurt my pride. But then my emotional state has taken several turns during the bear market.

I’ve felt:

 Frustrated:  After half a decade of waiting for property prices to fall and saving as much as 50% of my annual after-tax income, I’d thrown away my ticket to the ball.

Angry:  At the world, and at the markets. What were the chances of a once in a hundred year credit crisis coming along just when I was finally getting ready to buy a house?

Foolish:  If I’d thought property prices would fall so far, how could I have missed the connection with the stock market? Wishful thinking, perhaps?

Gilty:  My family background is not a wealthy one, and the money I’d lost was modestly substantial – more than my parents’ life savings. What was I thinking playing roulette with the market and exposing myself to such losses?

Despite these churning emotions, I didn’t sell up in despair. Instead, I kept buying while shares were cheap. I did what history and the likes of Warren Buffett say you should do – hanging in and even buying when others were fearful.

Time will tell if this faith in the stock market simply compounds my losses or leads to a recovery, but I’m glad I’ve stuck to the rational line.

Here some tips that might help you if you’re also feeling guilty or giving in to bear market despair

1. Don’t take it personally

The stock market doesn’t know or care that I was saving money for a house, or what I’d given up. The world is a billion times bigger than our own investments, and our good or bad decisions. Market declines of 40% will leave anyone’s portfolio battered. A bear market is not your fault.

To continue reading, please go to the original article here:

https://monevator.com/coping-with-the-guilt-of-losing-money/

Money Lessons from the Game of Dreidel

Money Lessons from the Game of Dreidel

While most can readily point to the dominant holidays of Thanksgiving, Christmas, and New Year, they aren’t the only ones.

In fact, the holiday season is filled with several other holidays you may not even be aware of.

One such event is the Jewish holiday of Hanukkah. Also known as the Festival of Lights, Hanukkah is an 8-day celebration commemorating the miracle of the oil during the rededication of the Jewish temple in Jerusalem.

 One of the most recognized and beloved traditions of Hanukkah is playing the game dreidel, and is something I do with my students every year. I firmly believe in teaching tolerance for differences and beliefs, and so I spend a great deal of time exposing my students to different cultures and traditions.

While my students have a great time playing dreidel, it is far more than just a game. In fact, dreidel is a fantastic teaching tool, especially when it comes to money.

Those of you familiar with dreidel already know its many relations to money, but for those of you who don’t, I’d like to break the mold this holiday season by focusing on a non-dominant tradition and the lessons we can learn from it.

I want to share with you money lessons from the game of dreidel.

But first, a little history lesson.

The History of Dreidel

Dreidel originally developed from a gambling game played in various parts of Europe that used a top called a teetotum.

However, the game of dreidel became solidified within the Jewish culture during the reign of the Syrian king Antiochus IV, who ruled what is modern-day Israel in 167 BC (the start of the Maccabean Revolt).

Antiochus had attempted to force the Jewish people to convert and worship the Greek gods by forbidding Jewish religious practice. With this decree, actions such as studying the Torah were punishable by death.

Although still very dangerous, the game of dreidel was developed as a shield for Jews who were illegally studying the Torah. If Syrian soldiers or officials came around, the Torah scrolls were hidden and replaced by dreidels.

Thus, dreidel originated as a way for Jewish individuals to access their religious teachings

How Do You Play Dreidel?

At its core, dreidel is a basic gambling game

To continue reading, please go to the original article here:

https://www.moneysavedmoneyearned.com/money-lessons-from-the-game-of-dreidel/       

Game of Loans: 10 Money Lessons from Game of Thrones

Game of Loans: 10 Money Lessons from Game of Thrones

Game of Thrones.

Love it or hate it, this popular HBO series contains a wealth (pun intended) of very important social and economic lessons that we’d all do well to pay attention to.

Just like in the real world, the rise and fall of the different Houses vying for the throne is intertwined with money. In fact, Game of Thrones is somewhat unique in just how important the financial planning of the characters is to the various plot-lines.

So, just how real is this fantasy?

Here are 10 money lessons from Game of Thrones and their real-life implication to your finances.

1. Winter is Coming

“Winter is coming,” the motto of House Stark.

While the meaning behind this dark foreboding is of vigilance and preparation for the harsh winters of the north, we would do well to apply this same principle to money.

The seasons of Westeros are unpredictable in their duration, the summer season at the beginning of the series having lasted 10 years. With such a long summer, it was predicted that the coming winter would last as long or longer.

You’d better have quite the stores piled up if you hope to survive a 10-year winter in the north.

Just as the members of House Stark preach preparation for the coming winter, you would be wise to prepare yourself for a financial winter by paying off debt and building up savings.

Like the winters of Westeros, you never know when a financial pitfall will hit, or for how long it will last. Having a healthy store of savings, as well as little liabilities, will prepare you to survive even the longest of financial winters.

Everyone hopes for long summers and mild, short winters, but it’s much better to hope for the best and prepare for the worst.

No matter how careful you are, an unforeseen event will eventually impact your finances.

Winter is coming, prepare for what’s ahead.  

2. A Lannister Always Pays His Debts

The unofficial motto of House Lannister.

While this line often took on a more sinister meaning in the series, the underlying principle remained the same.

The House of Lannister was well-known for paying their debts, both monetarily and otherwise, which allowed them more leeway in continually borrowing, buying, or coercing whatever they wanted throughout the series. Whether it was money, men, favors, or protection, the promise of a Lannister was always good enough to strike a deal (that and their rumored stores of gold).

Simply put, the Lannister’s were running with a credit score of 850 at the Iron Bank.

To continue reading, please go to the original article here:

https://www.moneysavedmoneyearned.com/game-of-loans-10-money-lessons-from-game-of-thrones/

The Seven Deadly Sins of Personal Finance

The Seven Deadly Sins of Personal Finance

By J.D. Roth updated 23 September 2019

I've been reading and writing about personal finance for more than thirteen years. In that time, I've consumed a lot of books about money. Lately, I've found that it's fun to revisit old favorites.

Recently, for instance, I've been re-reading Brett Wilder's The Quiet Millionaire [my review]. It's different than most personal finance books. It's targeted at those who are farther along their financial journeys rather than at those just starting out. Still, there are bits and pieces in The Quiet Millionaire that are applicable to everyone.

Ten years ago, I wrote that I particularly like Wilder's list of the seven enemies to financial success (which is my phrase, not his). I still like them. He writes:

If you want to become and stay the quiet millionaire, you must plan and manage your financial way of life…You must be proactive in order to obtain the financial life you want. By doing this, you will overcome the seven major obstacles to financial success.

Wilder is saying that we know there are certain common barriers to wealth. These obstacles arise for everyone. Because of this, it's possible to plan in advance to cope with them. First, however, we have to be able to name these enemies so that we can prepare the proper weapons to fight them.

The Seven Enemies of Financial Success

According to Wilder, the seven enemies of financial success are:

Lack of discipline.  Without discipline, it's difficult to build wealth. In fact, it's impossible to get rich — slowly or otherwise — if you spend more than you earn. The math just doesn't work. Wilder also warns against compulsive spending, and he urges readers to track where their money is going.

Materialism.  Stuff will not enrich your life. It's so very easy to find yourself “keeping up with the Joneses”, succumbing to lifestyle inflation. But materialism breeds discontent. Instead, Wilder says, focus on intellectual and spiritual pursuits to obtain fulfillment.

Debt.  Not all debt is bad, of course. A reasonable mortgage on a sensible home is fine. But consumer debt — or a bad mortgage on a big house — is an enemy to financial success. In fact, bad debt may be the biggest enemy to financial success.

Taxes.  It's our responsibility to pay the taxes we owe, but we're under no obligation to pay more than that. “It is not unpatriotic to reduce paying your taxes,” Wilder writes. We should instead actively work to keep our tax burden as low as possible.

Inflation.  Inflation is wealth's silent enemy. It will not destroy you all at once. But it's always there, nibbling at the corners of your life, consuming a little cash every year. It's impossible to keep inflation completely at bay, but you can learn to mitigate its effects.

Investment mistakes.  Poorly structured investment portfolios can be a killer. This enemy is fought through education, through an understanding of diversification and asset allocation, by taking the emotion out of investing.

Emergencies.  The final enemy to financial success is the unexpected: unemployment, death, illness, and legal complications. Without a plan for emergencies, you leave yourself at the mercy of the fickle fates. Carry adequate insurance and maintain an emergency fund!

I've fought all of these enemies at one time or another. I still fight some from time to time. I feel like I have a good handle on investment mistakes and saving for emergencies, but my tax bill this year was onerous due to my own poor planning. And, of course, I've always struggled with discipline.

The Seven Deadly Sins (and the Last Four Things) by Hieronymus Bosch

The Seven Deadly Sins of Personal Finance

Wilder's seven enemies to financial success always reminds me of Catholicism's traditional list of seven deadly sins. This catalog of transgressions has a long, complicated (and interesting) history. Today, the seven deadly sins are considered to be:

To continue reading, please go to the original article here:

https://www.getrichslowly.org/?s=The+Seven+Deadly+Sins+Of+Personal+Finance

Mental and Emotional Preparedness for Wealth

Mental and Emotional Preparedness for Wealth

Emailed to Recaps

Mental and Emotional Preparedness for Money

Prosperity Consciousness Vs Poverty Consciousness

By Wisewarrior   (AKA Classroom for Investing 101 and 201)

Being financially responsible is a habit, and unfortunately one we are not taught in school, or by most parents. And habits are hard to break. So if you have been living paycheck to paycheck most of your life and you suddenly have some or a lot of money, it is unlikely your spending/saving investing habits will change without some dedicated work on yourself.

I mean an honest assessment of your attitudes toward money, spending, possessions, and of course yourself. This event will change you….and I hope for the better.

There’s a lot of excellent info in Dinar Land of do this or do that with your money, but not much on do this with yourself, your mind, your emotions, your heart. So I want to help out in that arena. How am I qualified? Years ago before I took trainings for the stock market I used to have a holistic/spiritual counseling practice.

 I am quite overqualified, with many certifications in many techniques of counseling and guidance, visualization, NLP, hypnotherapy, and healing. I have helped a lot of people make huge long-standing changes, and I am an ordained minister.

If we have several months to wait til we invest, this may be the perfect opportunity for you to read up on the following ideas.

If I gave you a hundred dollar bill, what would you do? Jump up and down and say OOOOH what can I buy? I’m gonna spend it all now! Use it to pay a bill, save it, or invest it? Give it away?

You need to know which kind of person you are. If you are an emotional spender, you will most likely spend all your money and stay broke the rest of your life.

 If you’ve always been broke, this will create a pressure valve and an explosion.  Self discipline is paramount. If you are continually struggling to pay your bills you are likely to continue that way of living even if you have what looks like a wealthy lifestyle.

Assets are things that hold or improve their value over time.

A car that you drive day to day is not an asset (unless it has been signed by Freeway Bill.) A collectible car is an asset. We hope one day again soon a house will be an asset….

And your mind/heart is an asset. It is meant to improve over time! Your mind can create bliss or suffering. It’s up to you.

I suggest you invest heavily in your greatest asset; your mind.

You must look at the foundation for money thoughts that came from your parents…for example if your dad was rich…but your mom had a poverty mentality and she married him to be taken care of; you got mixed messages.

 And if your father was a mean nasty selfish wealthy guy, you may perceive people with money as mean, so you won’t want to have money because you don’t want to be mean and a bad person. How did money cycle through your family?

Did your money earner have a cyclical cash flow? Rich for a few months, broke for a few months…There are so many messages about money: power is money, “filthy rich,” spiritual people are more honorable if they are poor”…too rich for my blood” it goes on and on.

We all have unconscious attitudes toward money that will dictate what we do with money. And sometimes crazy though it seems, the unconscious urge is to get rid of your money, for example if you received a lot of “you are a failure” messages, it is quite likely that you will lose all of your money to stay consistent with being a failure.

 Unfortunately these unconscious thought habits remain even after your parents die, and if you don’t re program yourself, you will repeat whatever unconscious garbage is hanging around from very early learning.

People in the field of prosperity consciousness agree that wealth actually is a spiritual endeavor. Now we all know wars have been started over religious/spiritual beliefs, so let’s not start a war here.

 I believe that different people of different faiths share the same basic beliefs, but just use different words. I can’t remember if it was Ram Das or the Dali Lama who said we are simply drawing from the same ocean but using different cups.

 Society is a collection of many different people, and we get along when we are tolerant and open minded and respectful of others views.

What we are really talking about is The Law of Attraction……you get what you think/believe. And this applies not only to money, but to happiness, health, relationships….everything, really.

Christians use the phrase “you reap what you sow.” People who have more eastern spiritual views or even “New Agey people” or people into Quantum Physics use phrases like money is like a vibration that responds to your thoughts and beliefs.

 Same thing, you reap what you sow said differently. Footforward talks of this very same thing! He says it is your words….and it certainly is….based on your beliefs and thoughts.

So if words have power, be sure you have the kind of power you WANT! In other words, you may need to clean up your unconscious “stuff” so that you are coming from a place of self love, positivity, balance, trust…. Instead of fear, hate, anger, judgment….Because the Law Of Attraction works both ways.

 For example, if you are a young woman who thinks all men are terrible, guess what? You will get terrible men in your life for as long as you hold that belief. So if you are thinking wow I don’t think I can handle all of this money, then guess what? You won’t be able to handle it.

Here is a list of must read books (some have audio along with it) that I highly recommend for you to start/deepen you on your path of being a positive attractor of good. These are the books that took me from severe poverty consciousness to prosperity consciousness.

Secrets Of The Millionaire Mind by T Harv Eker. Excellent at helping you unearth those nasty unconscious thoughts and patterns learned in childhood.

The Dynamic Laws of Prosperity by Catherine Ponder. This is a very Christian book. If you are not Christian, or had a bad religious upbringing experience, omit the words you have difficulty with and substitute universe, divine authority, greater power…

The Force….whatever works for you, but please read it.

Money is My Friend by Phil Laut. Excellent combination of emotional/spiritual and practical.

Money and the Law Of Attraction by Esther and Jerry Hicks. This may be a tad New Agey for some, but don’t let that keep you from reading/listening to it. Great CD to play in your car as you drive around!

The Secret by Rhonda Byrne. A more mainstream presentation of the principles. Plus you can pop it open and read any page when you need a pick me up.

Think And Grow Rich by Napolean Hill. A classic!

Rich Dad Poor Dad by Robert Kyosaki

Deepak Chopra has an old audio Creating Affluence that is wonderful.

Pray/meditate with these ideas and watch your inner and outer results change for the better.

If you are really stuck with some negative programming, consider going to a therapist that works at the unconscious level; visualization, Nero Linguistic Programming or spiritual hypnotherapy Rapid Eye Desensitization (EMDR is excellent for trauma).

After all, the negative programming was received at the unconscious level, so in my opinion, it must be addressed at the unconscious level.

You can go to talk therapy until you are blue in the face and understand why you do what you do, but still repeat the same mistakes. Also therapies that deal with the unconscious mind directly work much faster.

Peace and Love out to all, and may you all be blessed with unending abundance.

Wisewarrior

Congress Gives America A Special Christmas Present: Higher Taxes

Congress Gives America A Special Christmas Present: Higher Taxes

Notes From The Field By Simon Black

December 26, 2019  Bahia Beach, Puerto Rico

You’ve got to hand it to these people-- Congress really knows how to bring out the holiday cheer.

They have some sort of pathological need to pass the most absurd legislation at the VERY END OF THE YEAR giving people very little time to react.

Two years ago, for example, they passed comprehensive tax reform in late December 2017… and the new tax code went into effect only a few days later.

Taxpayers had no time to even understand the new law, let alone plan around it.

That’s the funny thing about taxes-- people plan their entire lives around the tax code.

They set up special structures, invest in particular assets, and go through all sorts of legal and accounting work, to make sure they’re following the tax code while they take care of their families.

And then, poof, Congress changes the rules overnight.

Well they just did it again.

A few days ago they passed a 643-page spending bill. And, buried deep within that legislation are provisions that were originally part of the SECURE Act.

I told you about this a few months ago-- the SECURE Act was intended to ‘help’ Americans save for retirement. And there are certain sections which are great.

For example, they removed the age limit for contributing to an IRA. It used to be that you could no longer contribute to your retirement after the age of 70 ½.

That limit has been lifted… which should prove useful for many people.

They also increased the age for Required Minimum Distributions to age 72, up from age 70 ½. So you have an additional 18-months before you’ll be required to start taking distributions from your retirement account.

On the other hand, they also passed new rules which are really bad for inherited IRAs.

Under the old laws, your IRA could be bequeathed to your heirs when you pass away. And while your heirs were required to take distributions from your IRA over time, they had the option of stretching out those distributions over the course of their entire lives.

This was a really great way to give your heirs a tax-efficient safety net.

If they suddenly needed a lump some of money, for example, to buy a new house, pay for university, or offset a major medical expense, they could tap into the IRA that they inherited from you.

But if they didn’t need the money, they only had to take a small distribution each year, and keep the tax consequences to a minimum.

Those rules have now been torn up.

Under the new rules, almost all inherited IRAs must be fully distributed within 10-years, whether your heirs need the money or not. And that’s going to trigger significant tax consequences for them.

Again, in fairness there are plenty of provisions in this law that many people will find helpful. And other provisions that people will find terrible.

But that’s not really the point. It’s not about whether the law is good or bad. The issue is that Congress doesn’t give people any time to react.

Responsible people plan around their taxes… especially when it comes to retirement and estate planning. People have to plan literally DECADES in advance and think through generational impacts.

So it’s a pretty nasty surprise when Congress tears up the rules at the very end of the year. They’re basically saying, “Unless you die by Tuesday at midnight, everything you’ve planned over the last several decades won’t work anymore. Merry Christmas.”

This highlights a very important reminder: these people can and will change the rules at any time, with no warning whatsoever. And they couldn’t care less how their changes impact you.

Now, all that said, I’m always an optimist-- where there’s a will, there’s a way. And there are definitely ways to dull the negative consequences of this new law.

We can explore these in more detail another time. But to give you an example, transferring your IRA to a special type of trust called a charitable remainder unitrust could still ensure that your heirs receive lifelong favorable tax treatment on an inherited IRA.

To your freedom & prosperity, Simon Black Founder,

To continue reading, please go to the original article here:

  https://www.sovereignman.com/tax/congress-gives-america-a-special-christmas-present-higher-taxes-26996/

Bank Secrets Revealed and Debunked

Bank Secrets Revealed and Debunked

A Bank Teller Reveals Secrets and Debunks Banking Myths

Katherine Muniz  Updated: Aug 30 2019 Editorial Disclosure

Bank secrets revealed and debunked by an unnamed bank teller at a major bank on bank practices, teller capabilit..

Bank Tellers

We all know what a visit to a bank branch will bring. Average consumers have no clue what goes on behind the glass windows of their bank's local branch.

We talked to one bank teller from a major bank and he debunked some myths, as well as shared a couple secrets of his own.

Does it really take three days for checks to clear and post to your account?

No -- It all depends on a person's credibility and the type of check it is. For instance, payroll checks usually clear right away, and so do checks deposited by customers with an ample amount of cash in their account. Sometimes a portion of the check clears right away, and the rest clears in the next few days.

The teller we spoke with said he has no knowledge of how the percentage is determined, as it is set by a system.

Debit Card Loss And Theft Are Not As Well-Protected As Credit Card Theft

True. Some banks will cover all the fraud-ability charges, such as Bank of America. However, typically the protection is less than that of a credit card, so if you're concerned, contact your bank and inquire about all the loss and theft protection coverages available to you.

The Only Bank Staff That Can Work At The Teller Window Are Tellers

False -- It all depends on the bank and their protocol. For instance, at this particular teller's bank, assistant managers have to work at the window but that doesn't mean they always do if they're feeling lax... particularly at his branch. Another example is at Chase, where bankers are cross-trained as tellers.

The Bank Is Allowed To Pull Money From Your Deposit If You Owe Overdraft Loans Or Fees.

True.

Calling A Representative Or Going In Person To Your Branch To Resolve A Problem Will Be Better Than Filling Out Forms Online

True -- Representatives are empowered to forgive fees at their disclosure, given the situation and judgment merits it.

Fees Are Always Negotiable

False -- You cannot work the system. Our source says that fee forgiveness happens to a certain extent, however, a customer with a track record of abusing their fee-waiving privileges gets blacklisted. They may waive fees the first couple of times, but after that you're on your own.

"Tellers Have A Quota Of New Accounts They Must Get Customers To Open"

False -- It all depends which bank you go to. For instance, two big banks are more stern with this policy, and tellers who fail to meet those quotas have those notes marked on their records. However, the tellers do get a small referral fee each time a customer opens an account through their recommendation.

To continue reading, please go to the original article here:

https://www.mybanktracker.com/banking/faq/bank-teller-reveals-secrets-138688

From Dark to Light Special Christmas Edition

From Dark to Light Special Christmas Edition

 The Final Wake Up Call  By Peter B Meyer

The True Agenda Of The Archon, Anunnaki & Draco Cabal

Aliens Have Played A Role In Human Evolution

The Anunnaki Transmuted Into The Deep State

The Magical Matrix Of The Illusory World

Importance Of Being Awake

The Great Awakening of Mankind

The Deep State’s Empire is collapsing. Light is coming our way. The Central Bankers economy is in the process of collapsing and already visibly in a downward spiral, with devaluing fiat currencies. A crash is imminent, as Banks are losing trillions every night. Even excessive Repos cannot keep them upright.

The collapse will be short and intensive before the QFS is becoming operational. – Now Brexit is a done deal, the EU is finally on its way out. Each country is going to return to their own original currency. A new era founded on people economies is commencing, destroying the central bank economy completely.

Each day humanity is progressing with awaking, because of the upgrading into higher frequencies that is bringing the 5th Dimension on Earth, changing the negative forces into positive. Ending the 3D-illusion of the cabal, that has operated on Earth for millennia of years.

The Deep State is now in fear and scrambling all over the place for survival. The truth is out winding down the Hidden Powers of the Illuminati, the Jesuits and all other secret societies.

Soon people will discover who and what really has been going on, and who they really are, when they are discovering their true origin. – On one side, there are the Dark Forces that have had almost unlimited free reign on the surface of the planet for tens of thousands of years, whereas on the other hand there are the Light Forces – the Patriots that are making great efforts to remove the dark negative forces as soon as they can.

The patriots have been fighting for an amazing future, that is real and happening. To name a few things that are coming; Free Energy, Interstellar Travel, Tele Time Travel, an asset-backed monetary system, natural cures to healing, ending the money-racket of chronic diseases on the planet such as cancer, methodologies to clean up the atmosphere from poisonous and disastrous Chemtrails effects of geo-engineering and the exposure of the dangers of GMO foods, with a return to 100% organic foods, bringing nutrition without poisons, termination of 5G, as well stopping toxic vaccinations programmes, in other words a real Golden Age is upon us.

Many phenomena that were hidden will be revealed, and much of history that has been lost will be found and revealed.

There are nine important areas in which the dark hidden forces were heavily infiltrated. These are the Military, Government, Religion, Education, Management, Finance, Media, Healthcare and Sciences. In essence, they are everywhere in public life.

They hold key positions in all of these main areas, aided by a fully-controlled and complicit Media machine and with their ownership of the Financial System and all big financial institutions, they virtually, have covered all bases.

Contrary to the general opinion; the British Royalty is not the most powerful line. Today’s known names do not hold the real ancient power. There are others above these lineages in the Hierarchy, these names are secret. Conversely, these are carefully elaborated and documented in my latest book The Great Awakening.

The True Agenda Of The Archon, Anunnaki & Draco Cabal

What is the true agenda of the Archon, Anunnaki & Draco cabal? What are they really trying to achieve here on the earth – and why do you need to know this?

The real goals of the ruling by the Deep State are darker and more evil than most people can imagine, because it goes both “off world” and then is literally transformed, in a surprising manner into the Archon Agenda 2030 to rule our world on behalf of the off world Anunnaki and Draco Control Matrix.

Approximately 450,000 years ago, a group of humanoid aliens arrived by spacecraft on planet Earth. They came from a planet about three times the size of the Earth, which was called Nibiru by the Sumerians. Nibiru was described in ancient Sumerian literature as the twelfth planet of our solar system.

 The Sumerians were far ahead of modern man in the field of astronomy, declares the Detroit News in an article. The Sumerians also counted the Moon and the Sun as planetary bodies, thus reaching the total of twelve, the same number that the assembly of Anunnaki sovereigns consists of.

Zechariah Sitchin writes, “The epic of creation” is a very plausible explanation for the current composition of our solar system. Why shouldn’t we accept this as a gift in and of itself, as nothing more and nothing less than the exposition of cosmological facts as the Sumerians knew it, as it was told to them by the extraterrestrial beings of the Nephilim.

The Sumerian texts describe how Nibiru, a solitary planet, came into our solar system more than four billion years ago, and narrowly escaped a collusion with a large planet named Tiamat, which became fractured by the pressure of gravity. Later on, Nibiru, which was referred to as Maldek at that time, its Babylonian name, had another close-shave encounter with Tiamat.

The two celestial bodies were thrown off-balance by gravity and collided. Tiamat was subsequently bombarded by its own accompanying moons and half of Tiamat exploded into billions of small pieces, which now form our asteroid belt, while the other half eventually morphed into planet Earth after being forced into a new orbit closer to the sun.

About four hundred and fifty thousand years ago, during the second ice age on earth, the highly-developed inhabitants of Nibiru, named Anunnaki in Sumerian texts, meaning “those who came to earth from the heavens”, travelled to the Earth at the time when the two planets were close to each other in orbit.

The Anunnaki had been mining gold for more than 100,000 years on Earth when the working class Anunnaki, who performed this exhausting work in the mines, revolted. – In his book, the 12th Planet, Sitchin wrote; Anu, the father of Enki and Enlil, saw that the mining work of the miners was very heavy.

He wondered if the gold could not be mined in any other way, to which Enki proposed the development of a primitive worker for this task, workers which were later named Adamu who could take over this heavy work. Enki knew that in Africa, in the past named Abzu, many primitive, human-like beings existed, whom he called Homo Erectus. Enki’s plan was to create workers from this species, a plan which was approved by the assembly of Anunnaki leaders.

Aliens Have Played A Role In Human Evolution

The creation of man, in likeness to the image of the Anunnaki must not be confused with the creation of a totally new human being, but only be seen as a genetically manipulated version of the then existing species. These existing beings of Africa were in essence given a genetic upgrade, sufficient to effectively and efficiently perform the desired tasks, while putting in place genetic barriers to prevent them from evolving into self-conscious beings, explains Sitchin.

And so, Adamu was created, or as stated in the Bible, Adam. He was the first test tube baby, writes Sitchin in 1978. In his eyes, this modern birth meant support for his Sumerian translations, especially because of the fact that modern science only just started to form a concept about manipulation of our genetic structure.

It is clear that the revision of the history of Ancient times will have a far-reaching influence and lasting effects, because with this new understanding, it would seem that the conventional statements about the origin of man and the Earth are nonsense. It is clear that extra-terrestrials have played a complex role regarding the evolution of man.

According to Sitchin; “The early biblical man” did not worship his god, he worked for him. “The Sumerian texts clearly show that the Anunnaki treated the slaves they had created poorly by simply exploiting them as cattle. Slavery in human society was then and is still today the norm.

It is not so surprising that the Anunnaki were arrogant, narrow-minded, cruel, incestuous and hateful. Any negative adjective that can be imagined, applies to them. There is evidence that they made their slaves work very hard and had little compassion for the plight of the people.

The Anunnaki Transmuted Into the Deep State

Eventually, they decided to allow humanity to have its first civilisation, i.e. the Sumerian civilisation. But that civilisation came only after the human genetic code had been even further manipulated in an attempt to drastically eradicate human life.

Thanks to their Anunnaki genes, descendants of the early Adamu reached lifespans of thousands of earth years. This lifespan became shorter and shorter as the cross over progressed and the effects of life on Earth took their toll. However, due to their extremely long lives, the pure Anunnaki rulers almost seemed immortal.

The Anunnaki transmuted on Earth into a group of rulers that today is called the Deep State. That employ mind controlled puppets that are working very effectively in support of the New World Order, while these puppets haven’t the slightest idea that they are digging their own grave as they don’t have a clue for whom they are really doing their job!

They are criminally bribed by fake money, and have not been informed about the ultimate goal from higher up in the hierarchy. They even don’t know who these individuals really are. Every puppet involved is compartmented even at the highest echelons, they don’t have wisdom where the new world order really is leading to, because every facet is hidden in their Occult Darkness of Black Magic.

The whole organisational structure functions on the foundation of the worldwide corrupt financial system that functions on bribe, blackmail, murder, drug running, weaponry sales, toxic chemically based pharmaceuticals that don’t heal, human sex trafficking, paedophilia, and is ultimately supported with Satanic Blood Scarifying Rituals of young children.

The Magical Matrix Of The Illusory World

How were a group of Satan worshipping Luciferians being able to infiltrate the highest levels of Government, The Vatican, the Military and even Secret Societies, like the Templars, the Freemasons, the Jesuits and the Knights of Malta? Their lies must have been so profound, to being almost indistinguishable from the truth.

Since millennia of years by design humanity is living within an artificially created Magnetic Hologram moulded in a 3D-environment that is serving the Deep State Agenda 2030, previous called Agenda 21. As 21 stays for this century being the completion of there Agenda including a 90% populations reduction and full enslavement of servants that are allowed to stay alive.

The hologram has been designed and is run by Black Occult Magicians by off world Reptilians, human like hybrids the masters are of deception and mind control. During the era of Enki who redesigned the organic and divine human body form before the age of the Great Flood and the Arc of Noach, as the human body has been genetically being downgraded, by disconnecting the majority of DNA-strands in order to disconnect humanity from the Great Cosmic Intelligence.

Originally humanity has been created by the great CREATOR as immortal eternal souls. The disconnect became necessary for the implementation of mind control programming. Humanity had to behave in a low vibrational manner in order to achieve a controlled and illusionary reality, which wouldn’t have been possible otherwise. Even so the reptilian hybrids couldn’t live on Earth under its original higher vibration.

What we call our reality is in fact a collectively created and changeable day to day magical matrix i.e. magnetically illusory environment, and if not constantly monitored the vibration will rise to a higher frequency, which is for them is unsustainable.

Importance Of Being Awake

Mass mind control is realised through control of the Mass Media, that only emit negative news streams through television, radio, magazines, newspapers to hi-jack the human brain, as it is important to maintain control over people’s reality perception.

Since collective behaviour is performed through peoples’ thoughts. The careful use and manipulation of secret esoteric and ancient knowledge has everything to do with the Earth’s magnetic grids that skirt the surface of the planet, transmitting energies of human beings into a visual holographic representation of reality.

People’s consciousness is being captured to forcefully create a pre-designed reality. This controlled Matrix prison has worked satisfactorily for them during thousands of years. Until the Great Creator had decided enough is enough and instructed the off Earth Alliance to become active by stopping the dark minds, that were acting against cosmic law, after they had decided to take over planet Earth for themselves.

As next stage the Earth Alliance have instructed the Trump administration to prudently transitioning the world out of the Rothschild banking system into the new QFS financial system.

There are tens of millions of people living on Earth who are totally in service of the dark minds, while they don’t even know it. For money fame, status, and reward they are willing to carry out Agenda 2030. These individuals are found in Governments, Media, Big businesses, Education, Religion, Military, Science, Hollywood, virtually all over the place.

In public life they flash the pyramid symbol like, Merkel and Macron frequently do, by showing the all seeing eye, making secret handshakes to show they are in service of the Dark force, without knowing what the Darks really want from them!

The Deep State cabal has been heavily involved is the creation of an entirely new and even more disconnected human body for all souls that are caught within the Matrix. Individuals that are dumbed down far below today’s level, but are even better controllable by computer, taking away their freewill without choice other than what the cabal want. 

Once freewill of the majority is taken away, they become afraid and are asking for more protection from government, with more restrictions in order to feel safer. This is the newly created human body already living around us in the millions, and that are the beings the Deep State like.

People that don’t want freedom, but safety, that fits the matrix prison, designed to be living in low and toxic vibrations. For the readers that are thinking this is to far fetched, look around you and observe the Chemtrails, the dangers from radiation emissions through Micro Wave Ovens, smart meters, Wi-Fi, 3G, 4G, 5G and soon 6G.

 The real plan of the highest echelon cabal is to get rid of the old disconnected human body form, by killing 90% of exiting populace by poisoning through food and medicines, to exterminate the old body configuration that no longer is working for them.

Once this is completed it will be impossible for anyone with a true freewill to stand up against this takeover. In the meantime, this restriction is becoming more and more visible by the day.

 Those that are not awake, are living their daily lives within the matrix system, are quietly consenting to it, unless they are speaking out against it. Everyone is included automatically whether they like it or not. Unless you take action now to opt out of this Matrix.

Think about; This Matrix can still be destroyed now, so do it immediately as this is the time to achieve complete destruction as we can count on the help from the off world Earth Alliance. Let us make this our mutual duty for the New Year 2020, to establishing real peace on earth in the well-being of mankind.

 This really is our last chance letting the truth prevail and being successful with the overpowering of the Deep State. Our children will be grateful if we leave them a free honest world without oppression and income tax burdens, with plenty of healthy food, clean air, living longer, and great opportunities to live for.

Feel free to share this self-explanatory article with everyone you know. The more awake, the better it is for all of us.

 http://finalwakeupcall.info/en/2019/12/23/from-dark-to-light/

Do You Have A Money Mind​?

Do You Have A Money Mind​?

By THE INVESTOR

 During this year’s Berkshire Hathaway annual meeting, Warren Buffett discussed the importance of his eventual successor as CEO having ‘a money mind’:

 “People have to have a money mind. They can be very smart but make very unintelligent money decisions; their wiring works that way…

 A money mind will know what needs to be done.”

 Though I was in attendance, the importance of this commentary didn’t register right away. The more I thought about it, however, the more I realised it’s a great mental model for evaluating your financial skill set, as well as those of others such as fund managers and financial advisors.

​We all know otherwise well-educated people who make dumb money decisions. That person might even be you from time to time, and I’m certainly in that camp.

 Indeed, in a moment I’ll share why even financially-savvy people may not always be in the right ‘money mind’ state.

 Putting your mind under the microscope

So, what is a money mind and why should it matter to you?

A money mind should:

 1. Understand opportunity costs

 Put simply, opportunity costs measure the gains you’ve forgone to make another choice.

 Let’s say you choose to attend one university over another. Since you can’t attend both simultaneously, your opportunity cost is what you would have benefited by attending the other school.

 As investors, we face opportunity cost decisions all the time, whether we recognize them or not. Cash or shares? Bonds or property? Company XYZ or the FTSE 100?

 A money mind will acknowledge his or her objectives and time horizon, and balance those with current market opportunities.

 For an investor with a 30-year time horizon, for example, the potential opportunity cost of holding cash is rather high when considering that the stock market’s returns over rolling 30-year periods have been consistently positive.

​2. Have high emotional intelligence

Warren Buffett also famously quipped that:

“Success in investing doesn’t correlate with I.Q… Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.”

There are four critical aspects of emotional intelligence, according to Travis Bradberry and Jean Graves in their book Emotional Intelligence 2.0.

These four aspects are: Self-awareness, self-management, social awareness, and relationship management.

As investors of our money or someone else’s capital, we must be able to recognize our biases (self-awareness), be able to act at times against those biases (self-management), understand the emotions of other investors (social awareness), and balance our emotional state with theirs (relationship management).

 These requirements are a tall order, especially when we’re facing outside stressors in our personal lives.

To continue reading, please go to the original article here:

http://monevator.com/do-you-have-a-money-mind/

The Tangled Relationship Between Wealth & Money

The Tangled Relationship Between Wealth & Money

By John Michael Greer

And why we're focusing on the wrong economic 'fixes'

One of the most dangerous mistakes possible to make in trying to understand the shape of the economic future is to think of the fundamental concepts of economics as simple and uncontroversial.  They aren’t.

In economics, as in all other fields, the fundamentals are where disguised ideologies and unexamined presuppositions are most likely to hide out, precisely because nobody questions them.

The first has been the rate at which new technologies have been developed to produce goods and services using energy derived from fossil fuels.

​The Industrial Revolution didn’t get started in the first place until inventors and entrepreneurs found ways to put the first generation of steam engines to work making goods and providing services.

At every step along the road from that tentative beginning to today’s extravagantly fueled high-tech societies, the rate of economic growth has been largely a function of the rate at which new inventions have appeared and linked up with the business models that were needed to integrate them into the productive economy. 

In this and future essays here at Peak Prosperity, I will explore a number of things that seem, at first glance, very obvious and basic.  I hope you’ll bear with me, as there are lessons of crucial and deeply practical importance to anyone facing the challenging years ahead.

This is, above all, true of the first thing I want to talk about: the tangled relationship between wealth and money.

Our co-host here, Chris Martenson, likes to remind us all that money is not wealth, but a claim on wealth.  He’s quite right, and it’s important to understand why.

Money is a system of abstract tokens that complex societies use to manage the distribution of goods and services, and that’s all it is.

Money can consist of lumps of precious metal, pieces of paper decorated with the faces of dead politicians, digits in computer memory, or any number of other things, up to and including the sheer make-believe that underlies derivatives and the like.

Important differences separate these various forms of money, depending on the ease or lack of same with which they can be manufactured, but everything that counts as money has one thing in common – it has only one of the two kinds of economic value.

The Two Kinds of Value

Economists call those use value and exchange value.

You already know about them, even if you don’t know the names.  Odds are, in fact, that you learned about them back in elementary school the first time that one of your classmates offered to trade you something for the cookies in your lunchbox.  You then had to choose between trading the cookies for whatever your classmate offered and eating them yourself.

The first of those choices treated the cookies primarily as a bearer of exchange value; the second treated them primarily as a bearer of use value.

All forms of real wealth – that is, all nonfinancial goods and services – have use value as well as exchange value.  They can be exchanged for other goods and services, financial or otherwise, but they also provide some direct benefit to the person who is able to obtain them.

To continue reading, please go to the original article here:

https://www.peakprosperity.com/blog/80556/tangled-relationship-wealth-money