Dinar Recaps Archives, Misc. DR770 Dinar Recaps Archives, Misc. DR770

Quotes On Life's Difficulties and The Power Of Words

.Quotes On Life's Difficulties and The Power Of Words

​What is the difference in school and life? In school you are taught a lesson and then given a test. In life you are given a test and taught a lesson -- Tom Bodett

WHAT IS DIFFICULTY? Only a word indicating the degree of strength requisite for accomplishing particular objects; a mere notice of the necessity for exertion; a bugbear to children and fools; only a stimulus to men -- Samuel Warren

Quotes On Life's Difficulties and The Power Of Words

Posted in Dinar Recaps Archives on 7/28/2019

​What is the difference in school and life? In school you are taught a lesson and then given a test. In life you are given a test and taught a lesson -- Tom Bodett

WHAT IS DIFFICULTY? Only a word indicating the degree of strength requisite for accomplishing particular objects; a mere notice of the necessity for exertion; a bugbear to children and fools; only a stimulus to men -- Samuel Warren

The greatest difficulties lie where we are not looking for them -- Goethe

It has been the glory of the great masters in all arts to confront and to overcome; and when they had overcome the first difficulty, to turn it into an instrument for new conquests over new difficulties; thus to enable then to extend the empire of science - Burke

It cannot be too often repeated that it is not helps, but obstacles, not facilities, but difficulties that make men -- W Matthews

Difficulty is a severe instructor, set over us by the Supreme guardian and legislator, who knows us better than we know ourselves, and loves us better too. -- He that wrestles with us strengthens our nerves and sharpens our skill -- Our antagonist is our helper -- Burke

The weak sinews become strong by their conflict with difficulties -- hope is born in the long night of watching and fears - Faith visits us in defeat and disappointment, amid the consciousness of earthly frailty and the crumbling tombstones of mortality -- E H Chapin

It is not every calamity that is a curse - and early adversity is often a blessing - Surmounted difficulties not only teach, but hearten us in our future struggles -- Sharp

To continue reading, please go to

https://www.brainyquote.com/

and

https://www.brainyquote.com/topics/difficulties-quotes

Read More
Advice, Misc. DINARRECAPS8 Advice, Misc. DINARRECAPS8

Thoughts Are Living

.Thoughts Are Living

By Anna Von Reitz Monday, May 11, 2020

“Shhh!” My Grandmother would say with some annoyance. “Don’t you know that thoughts are living? And words are powerful!”

She said these things often enough and with enough seriousness to impress them firmly in my young mind, even if I didn’t fully understand what she was telling me at the time.

Yes, our thoughts contain life. They derive from life and are alive. Some thoughts are virtually immortal, while others, less substantial, are ephemeral.

Once you realize this, your attitude toward thought and your responsibility as a thought-producer changes.

Suddenly, you start thinking about thinking— and about the quality of your thought output.

Thoughts Are Living

By Anna Von Reitz  Monday, May 11, 2020

“Shhh!” My Grandmother would say with some annoyance.  “Don’t you know that thoughts are living?  And words are powerful!”

She said these things often enough and with enough seriousness to impress them firmly in my young mind, even if I didn’t  fully understand what she was telling me at the time.

Yes, our thoughts contain life.  They derive from life and are alive.  Some thoughts are virtually immortal, while others, less substantial, are ephemeral. 

Once you realize this, your attitude toward thought and your responsibility as a thought-producer changes.

Suddenly, you start thinking about thinking— and about the quality of your thought output.

Am I just spinning a lot of lies and impressions and half-regurgitated media drivel around in my head, or am I concentrating on worthy things and solid information?

Thought quality is important in and of itself, but it is additionally important because thought forms the basis of emotion and emotion motivates action in this world.

Correct and solid thinking is the basis for right feeling and action, so if you have been drifting along in a daze letting the Talking Heads on TV or the corporate executives at George Soros’s Disney, Inc., do your thinking for you— snap out of it.

Your living thoughts are what create your world.

Think about what I just said.

You want a better, kinder, safer, saner world?

Think better thoughts. 

Put an end to the media monopoly on your brain power.  Turn the knob.  Push the button. Cancel the subscription.

Guard your thoughts and train them.

Ask yourself— how did that “News” story make me feel?  What, if anything, did I gain out of it?

Does it give rise to anything desirable or comforting or uplifting or profitable? 

Your thoughts are living and your words are the personification of your thoughts.  They are the condensate of thinking, and they may stick in the mind of your grandchild —for good or evil— for decades after you speak them. 

If you put them down on paper or electronic media, your not-so-paltry words may outlast you by centuries. 

Here we are, in 2020, still reading Plato.

As everything on Earth is accelerating and the electromagnetic  fields are changing, you will notice a lot of odd things—- one of which is the speed with which your thoughts manifest as realities.

You will be thinking about a song, and moments or minutes later, it will be playing on the radio.

You will be worried about a debt, and the next call will be the debt collection agency.

You will think of your Sister, and at that moment, she will call.

And all of this synchronicity will be happening with increasing speed and strength of manifestation.

The things you dwell on and really concentrate your focus on will appear first as Thought-Forms.  At this stage, what you are creating is like a shadow or overlay on the day to day story line you are living.

It’s there, but it’s not totally materialized in your experience, because you are not raising —or lowering—your own pitch to interact with it. 

It’s like playing a song you want to hear on Station KNOW and keeping your own radio tuned to Station WBET.  The song you want manifests and plays but you don’t get to enjoy it.

Nonetheless, by focusing on what is good and true and useful and pondering on these things and day-dreaming about beautiful crystal streams and world peace, you draw these things into this reality.

Maybe as a result of your own limitations you won’t experience what you dream of and love and give your life force to, but other people and the planet as a whole, will.

And sooner or later the power of all our good thoughts made manifest, shines through. The collective energy of all our good thoughts wins,  and the world has no choice but to follow suit.

This is why we need to train ourselves to guard our thoughts —especially against useless, repetitive and negative programming by the Media Mouths.  See the YouTube video, “This is What Mind Control Looks Like. This is Project Mockingbird”.

This is also why we need to combine forces to dream together and choose to dream great things—- because thoughts are living and words like bricks, are enduring.

Many of you participated in the work of dissolving the Seal on Bardsey Island and the Great Palatine Seal in Rome.  That joint action changed the way energy flows around the planet and set the entire Continent of Africa free to live a richer, healthier, more abundant life.

This, in turn, makes Africa a better reservoir of life and source of energy for the whole planet.  It will no longer be limited or constricted as it has been in the past.  You helped accomplish that, just by sitting in your living room, thinking good thoughts of peace and liberation.

Want to do more?

Jerusalem has eight Gates, but some of the gates have been shut tight by stones and mortar since ancient times.  These same gates have been sealed spiritually for centuries.

This was done by Evil Doers in an attempt to gainsay the Living God, in order to prevent the True King from entering the city and to keep the Lion of Judah trapped inside.

Today, we will lay siege to these ancient evils and liberate Jerusalem.  Everyone stop a moment and see all eight gates of Jerusalem thrown open. 

It is dusk, early evening in Israel.

Instead of the Gates being shut, see in your mind’s eye, all eight Gates of Jerusalem standing wide open, and brilliant light pouring out from all of them, illuminating the surrounding countryside.

Feel a fresh wind flowing over the land. Picture sheets of gentle rain falling, washing away the dust, filling the streams and cisterns.  The parched land grows green again.  All is refreshed, open, breathing, alive, and peaceful. There is no longer any fear or threat of war, no longer any hatred or theft or unrest or sadness.

The Valley of Hinom has been cleansed, not with blood, but with love; the natural balance of Nature has been restored. All you can see or sense for many, many miles around is peace and joy and plenty.  Abundant life, abundant rain, abundant peace, and no fear or want of any kind. 

The olive trees sigh with relief.  The plums and cherries unfurl their blossoms.  The King of Kings walks the land and blesses it so that it will never know war or suffer again.

Feel the relief and the release of pent up energy.  All eight Gates are open at last.

 

http://www.paulstramer.net/2020/05/thoughts-are-living.html

Read More
Misc. DINARRECAPS8 Misc. DINARRECAPS8

Teenager, an Aspiring Detective, Returns $135,000 He Found

.Teenager, an Aspiring Detective, Returns $135,000 He Found

The New York Times Mariel Padilla May 10, 2020

Jose Nuñez Romaniz was headed to the bank to deposit money so he could buy socks online for his grandfather when he came upon a large clear plastic bag filled with cash next to an ATM in Albuquerque, New Mexico.

“When I first saw it, I kind of stared at it for a few seconds, not knowing what to do,” Nuñez said of his discovery May 3. “I was very shocked. I’ve never seen so much money.”

Nuñez, 19, a criminal justice student at Central New Mexico Community College, said that after the initial shock had worn off, he took a picture of the bag. He said he noticed a tag on the outside of the bag that said it contained $60,000 in $20 bills. The police later counted an additional $75,000 in $50 bills. “It never passed through my mind to keep any of it,” Nuñez said Saturday.

Teenager, an Aspiring Detective, Returns $135,000 He Found

The New York Times   Mariel Padilla  May 10, 2020

Jose Nuñez Romaniz was headed to the bank to deposit money so he could buy socks online for his grandfather when he came upon a large clear plastic bag filled with cash next to an ATM in Albuquerque, New Mexico.

“When I first saw it, I kind of stared at it for a few seconds, not knowing what to do,” Nuñez said of his discovery May 3. “I was very shocked. I’ve never seen so much money.”

Nuñez, 19, a criminal justice student at Central New Mexico Community College, said that after the initial shock had worn off, he took a picture of the bag. He said he noticed a tag on the outside of the bag that said it contained $60,000 in $20 bills. The police later counted an additional $75,000 in $50 bills. “It never passed through my mind to keep any of it,” Nuñez said Saturday.

Nuñez first thought about calling the toll-free number on the Wells Fargo ATM but instead dialed 911 because he didn’t want it to seem as if he had been stealing, he said.

After calling the police, he put the bag in his car and moved it so someone else could use the machine. He then called his mother to tell her he was going to be a little late coming home. Two police officers arrived within minutes, took the bag and took Nuñez’s statement and information. He said his parents expressed amazement and disbelief when he recounted what had happened, even after he showed them the picture.

“I’ve seen a lot of stuff in 21 years, but this was unique and refreshing for the department and city,” Officer Simon Drobik, an Albuquerque Police Department spokesman, said Saturday. “I think this is the biggest amount of money found in Albuquerque and returned.”

Gilbert Gallegos Jr., another spokesman, said it appeared that a Wells Fargo contractor had intended to put the money in the ATM but had mistakenly left it on the sidewalk.

On Tuesday morning, Nuñez was in Phoenix buying materials for his parents’ mattress business when Drobik called.  “He asked me how was it to be a hero in the town, and at first I didn’t know what he was referring to,” Nuñez said. “But then he started telling me about a ceremony to honor me. He wanted me to take my family there and meet the mayor and the chief of police.”

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

https://news.yahoo.com/teenager-aspiring-detective-returns-135-163432794.html

Read More
Misc. DINARRECAPS8 Misc. DINARRECAPS8

Don’t Count on Me

.Don’t Count on Me

Dennis Friedman | April 28, 2020

I DON’T THINK I can do it. I know it’s the patriotic thing to do—support our local businesses. But I don’t see myself visiting local restaurants, movie theaters or department stores for a quite a while.

After they lift the stay-at-home order, I’m not rushing out to my favorite restaurant and ordering a grilled chicken avocado wrap with a kale salad.

I don’t care if the waiter is wearing a protective mask and gloves, and if I’m sitting six feet away from the next table. It’s going to take some time before I feel comfortable being around strangers in a social setting.

I know some people think the economy is going to take off when the current safety measures are lifted, but I have my doubts about a V-shaped recovery.

 Don’t Count on Me

Dennis Friedman  |  April 28, 2020

I DON’T THINK I can do it. I know it’s the patriotic thing to do—support our local businesses. But I don’t see myself visiting local restaurants, movie theaters or department stores for a quite a while.

After they lift the stay-at-home order, I’m not rushing out to my favorite restaurant and ordering a grilled chicken avocado wrap with a kale salad.

I don’t care if the waiter is wearing a protective mask and gloves, and if I’m sitting six feet away from the next table. It’s going to take some time before I feel comfortable being around strangers in a social setting.

I know some people think the economy is going to take off when the current safety measures are lifted, but I have my doubts about a V-shaped recovery.

I believe there are too many people like me who will err on the side of caution—and simply aren’t ready to visit the gym, book a flight or sit down at their favorite bar.

A recent Associated Press poll found an overwhelming majority of Americans favor stay-at-home orders as an important way to combat the coronavirus outbreak.

Moreover, many individuals will be reluctant to spend money because of the economic hardship they’ve endured during the shutdown—and especially so when U.S. household debt is at a record $14 trillion.

With Americans reluctant to spend, the economy may have a hard time bouncing back. According to the Federal Reserve Bank of St. Louis, consumer spending accounts for almost  70% of economic growth.

The key to an economic rebound is getting consumers to a place where they feel comfortable spending again. If businesses focus on the health and safety of their customers, that’ll help somewhat. Having a vaccine to combat the virus would, of course, do the trick, but the earliest that’ll happen is next year.

In the meantime, everybody has an opinion about how and when we should proceed in reopening the economy. But they fail to realize that the ultimate decision is going to be made by the consumer—you and me. Right now, I’m not ready to visit any nonessential businesses.

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

https://humbledollar.com/2020/04/dont-count-on-me/

Read More
Simon Black, Misc. DINARRECAPS8 Simon Black, Misc. DINARRECAPS8

California County Launches Snatch-And-Grab Program

.California County Launches Snatch-And-Grab Program

Notes From The Field By Simon Black May 8, 2020 Bahia Beach, Puerto Rico

Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, your finances, and your prosperity… and on occasion, poetic justice.

Ventura County, CA to hire dozens of Covid spies

19 residents of Ventura County, California have died so far from Covid. That’s 0.002% of the population.

Most places would consider this a rounding error. But in Ventura County, it’s 19 too many.

So the county government has now launched a ‘contact tracing’ initiative to hire 50 investigators, and perhaps more later, to track down people who might have Covid, “immediately isolate them,” and then “find every one of their contacts” to isolate those people as well.

California County Launches Snatch-And-Grab Program

Notes From The Field By Simon Black   May 8, 2020  Bahia Beach, Puerto Rico

Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, your finances, and your prosperity… and on occasion, poetic justice.

Ventura County, CA to hire dozens of Covid spies

19 residents of Ventura County, California have died so far from Covid. That’s 0.002% of the population.

Most places would consider this a rounding error. But in Ventura County, it’s 19 too many.

So the county government has now launched a ‘contact tracing’ initiative to hire 50 investigators, and perhaps more later, to track down people who might have Covid, “immediately isolate them,” and then “find every one of their contacts” to isolate those people as well.

They also state that, if someone has Covid and is living in a home with other family members, “we’re not going to be able to keep the person in that home. . .”

This is a mass surveillance apparatus that effectively amounts to a snatch-and-grab. You get a knock at the door and are forcibly removed from your home and taken away from your family because some county bureaucrat traced you to someone who might have the virus.

It’s like “pre-crime”, but even more ridiculous… I mean, look at the words they’re using-- it’s up to the government now to decide who gets to stay in their own private property with their families.

Click here to watch it yourself.

Seattle City Councilmember calls for nationalizing Amazon

Kshama Sawant is a member of the City Council of Seattle, and a proud Socialist.

She recently took to Twitter to criticize Amazon, one of the most popular whipping boys of the Bolsheviks:

“The super-rich are out of touch with the reality they inflict on the majority of humanity. They will ruthlessly extract the price of this pandemic recession from workers, unless we fight back. #TaxAmazon.”

When a Twitter follower under the handle @KarlMarxJunior suggested, “How about #NationalizeAmazon?” Sawant responded:

“Yes, corporations like Amazon need to be taken into democratic public ownership, to be run by workers for social good. We will need militant mass movements, strike actions at workplaces, to begin to fight to win this. Because it will be a political strike against billionaires.”

Click here to see the Twitter thread.

Undercover cops arrest women for working from home

Recently we told you how police departments in many cities across the Land of the Free were adopting new policies to NOT arrest people for petty or victimless crimes.

The idea was to keep jails from being overcrowded petri-dishes which would spread Covid-19.

And some Texas cities were among those easing up.

But not Laredo, Texas.

Officers received an anonymous tip that two women were committing a heinous crime: doing nails and eyelashes from their homes.

In an undercover sting operation, police officers caught the two women attempting to market and sell their services.

Police charged the women for a violation of the lockdown order, and held them in jail on $500 bond each.

This is the new criminality in 2020: women painting nails in their own homes.

Cities with strained budgets are wondering how they are going to get through the economic devastation caused by the lockdowns. Revenue is drying up.

And THIS is how cities use their scarce resources-- to stake-out and arrest women for giving pedicures.

Click here to read the full story.

Nashville Mayor wants to hike property taxes 32% in “crisis budget”

The “crisis budget” plan of the mayor of Nashville is to cut spending, and raise taxes.

Now that the hard times have hit, governments will take more, and give you less.

Nashville was overspending and racking up debt in the best of times. And now that the economy is locked down, the city expects to miss out on $470 million of tax revenue over the next year or so.

For homeowners, that means a property tax increase of about $625 per year on a $250,000 house.

“In the end, hard, hard decisions have to be made," the Mayor said. “Everybody is sacrificing in this budget.”

But it’s hard to see where the city is making sacrifices.

The new budget doesn’t lay-off any city employees, and in fact increases spending from last year by $115 million.   Click here to read the full story.

To your freedom & prosperity, Simon Black, Founder, SovereignMan.com

https://www.sovereignman.com/trends/california-county-launches-snatch-and-grab-program-27746/ 

Read More
Advice, Misc., Personal Finance DINARRECAPS8 Advice, Misc., Personal Finance DINARRECAPS8

The Psychology of Money

.The Psychology of Money

Jun 1, 2018 by Morgan Housel

Let me tell you the story of two investors, neither of whom knew each other, but whose paths crossed in an interesting way.

Grace Groner was orphaned at age 12. She never married. She never had kids. She never drove a car. She lived most of her life alone in a one-bedroom house and worked her whole career as a secretary. She was, by all accounts, a lovely lady. But she lived a humble and quiet life. That made the $7 million she left to charity after her death in 2010 at age 100 all the more confusing. People who knew her asked: Where did Grace get all that money?

But there was no secret. There was no inheritance. Grace took humble savings from a meager salary and enjoyed eighty years of hands-off compounding in the stock market. That was it.

Weeks after Grace died, an unrelated investing story hit the news.

Richard Fuscone, former vice chairman of Merrill Lynch’s Latin America division, declared personal bankruptcy, fighting off foreclosure on two homes, one of which was nearly 20,000 square feet and had a $66,000 a month mortgage.

Fuscone was the opposite of Grace Groner; educated at Harvard and University of Chicago, he became so successful in the investment industry that he retired in his 40s to “pursue personal and charitable interests.” But heavy borrowing and illiquid investments did him in.

The Psychology of Money

Jun 1, 2018 by Morgan Housel

Let me tell you the story of two investors, neither of whom knew each other, but whose paths crossed in an interesting way.

Grace Groner was orphaned at age 12. She never married. She never had kids. She never drove a car. She lived most of her life alone in a one-bedroom house and worked her whole career as a secretary. She was, by all accounts, a lovely lady. But she lived a humble and quiet life. That made the $7 million she left to charity after her death in 2010 at age 100 all the more confusing. People who knew her asked: Where did Grace get all that money?

But there was no secret. There was no inheritance. Grace took humble savings from a meager salary and enjoyed eighty years of hands-off compounding in the stock market. That was it.

Weeks after Grace died, an unrelated investing story hit the news.

Richard Fuscone, former vice chairman of Merrill Lynch’s Latin America division, declared personal bankruptcy, fighting off foreclosure on two homes, one of which was nearly 20,000 square feet and had a $66,000 a month mortgage.

Fuscone was the opposite of Grace Groner; educated at Harvard and University of Chicago, he became so successful in the investment industry that he retired in his 40s to “pursue personal and charitable interests.” But heavy borrowing and illiquid investments did him in.

The same year Grace Goner left a veritable fortune to charity, Richard stood before a bankruptcy judge and declared: “I have been devastated by the financial crisis … The only source of liquidity is whatever my wife is able to sell in terms of personal furnishings.”

The purpose of these stories is not to say you should be like Grace and avoid being like Richard. It’s to point out that there is no other field where these stories are even possible.

In what other field does someone with no education, no relevant experience, no resources, and no connections vastly outperform someone with the best education, the most relevant experiences, the best resources and the best connections? There will never be a story of a Grace Groner performing heart surgery better than a Harvard-trained cardiologist. Or building a faster chip than Apple’s engineers. Unthinkable.

But these stories happen in investing.

That’s because investing is not the study of finance. It’s the study of how people behave with money. And behavior is hard to teach, even to really smart people. You can’t sum up behavior with formulas to memorize or spreadsheet models to follow. Behavior is inborn, varies by person, is hard to measure, changes over time, and people are prone to deny its existence, especially when describing themselves.

Grace and Richard show that managing money isn’t necessarily about what you know; it’s how you behave. But that’s not how finance is typically taught or discussed. The finance industry talks too much about what to do, and not enough about what happens in your head when you try to do it.

This report describes 20 flaws, biases, and causes of bad behavior I’ve seen pop up often when people deal with money.

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

https://www.collaborativefund.com/blog/the-psychology-of-money/

Read More
Advice, Misc. DINARRECAPS8 Advice, Misc. DINARRECAPS8

Origins of Greed and Fear

.Origins of Greed and Fear

Jan 31, 2019 by Morgan Housel

Greed and fear control everything in investing.

There is no amount of growth that can’t be destroyed by an investor’s temptation to grab too much of it. And there is no opportunity so appealing that it will catch the eye of someone who refuses to look.

But greed and fear aren’t always character flaws. People with the best intentions and ethics fall for their temptation. The two traits evolve from something innocent: the amount of confidence we have that our actions influence our outcomes. Figuring out how much of what you do influences what you get requires calculating odds in situations where accurately knowing the odds is impossible.

The problem happens when convenience masquerades as a calculation, and you cling to the most comfortable odds by thinking opportunities are more, or less, in your control than they really are. This form of greed – which has nothing to do with bad ethics – is pervasive. And this form of fear is innate. But they are powerful. They apply to investments, businesses, industries, and countries. Confronting them just once can make or break a career. And while greed and fear are typically seen as opposites, they share an origin.

Origins of Greed and Fear

Jan 31, 2019 by Morgan Housel

Greed and fear control everything in investing.

There is no amount of growth that can’t be destroyed by an investor’s temptation to grab too much of it. And there is no opportunity so appealing that it will catch the eye of someone who refuses to look.

But greed and fear aren’t always character flaws. People with the best intentions and ethics fall for their temptation. The two traits evolve from something innocent: the amount of confidence we have that our actions influence our outcomes. Figuring out how much of what you do influences what you get requires calculating odds in situations where accurately knowing the odds is impossible.

The problem happens when convenience masquerades as a calculation, and you cling to the most comfortable odds by thinking opportunities are more, or less, in your control than they really are. This form of greed – which has nothing to do with bad ethics – is pervasive. And this form of fear is innate. But they are powerful. They apply to investments, businesses, industries, and countries. Confronting them just once can make or break a career. And while greed and fear are typically seen as opposites, they share an origin.

There is a natural cycle where innocent analysis evolves into greed, turns into denial, then confusion, then fear. It often drops you off where you began, with the lesson you think you learned from experiencing fear setting up your next meeting with greed.

Here’s how it happens.

Part 1: Greed

Greed begins with the most innocent idea: You deserve to be right.

The decisions you’ve made. The decisions you’ll make. The worldview you hold. The strategy you use. It’s hard to wake up in the morning and look in the mirror without telling yourself that you can make good decisions. Nothing would get done if people doubted themselves all day. This is especially true if you’ve had past success in education and work.

And you deserve to be right because you’ve put so much effort into developing your views and decisions. You went to school for years. Passed hard tests. Did hard thinking.

Put in long hours. No one wants to hear they went through that grind and still don’t deserve to be right. And deserving to be right means you should be rewarded for being right. Effort equals reward. That’s how the world works, isn’t it?

Escaping this thinking is not easy.

It’s hard to make it through the day admitting you don’t know how the world works. So no one does it. The humblest of people use simplified stories that guide their belief in cause and effect. And it’s agonizing to rewrite your worldview, or your investment strategy, or your business model, from scratch after years of effort. So people become good at clinging to views even when they’re built on flimsy evidence.

Views that we insist are right and deserve to be rewarded are often tied to the random chance of our past experience. The investor who happened to be born in the 1930s was ravaged by high inflation in the 1970s.

 

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

https://www.collaborativefund.com/blog/origins-of-greed-and-fear/

Read More
Advice, Misc. DINARRECAPS8 Advice, Misc. DINARRECAPS8

19 Things Your Suburban Millionaire Neighbor Won’t Tell You

.19 Things Your Suburban Millionaire Neighbor Won’t Tell You

By Len Penzo

That’s right. Although having a million bucks isn’t as impressive as it once was, it’s still nothing to sneeze at.

In fact, Kiplinger reports that in 2019 there were 7,698,765 millionaire households in the United States alone.

That’s a lot of people, people. And the odds are one or two of them are living near you.

Heck, one of them might even be your neighbor. In fact, the odds are very good that it is your neighbor.

But, Len, you don’t know my neighbor. That guy doesn’t look anything like a millionaire.

Well, guess what? Your suburban millionaire neighbor called (oh yeah, we go way back) and the two of us had a nice little chat.

Here’s a few things he shared with me but apparently doesn’t want to tell you. (No offense, I’m sure.)

19 Things Your Suburban Millionaire Neighbor Won’t Tell You

By Len Penzo

That’s right. Although having a million bucks isn’t as impressive as it once was, it’s still nothing to sneeze at.

In fact, Kiplinger reports that in 2019 there were 7,698,765 millionaire households in the United States alone.

That’s a lot of people, people. And the odds are one or two of them are living near you.

Heck, one of them might even be your neighbor. In fact, the odds are very good that it is your neighbor.

But, Len, you don’t know my neighbor. That guy doesn’t look anything like a millionaire.

Well, guess what? Your suburban millionaire neighbor called (oh yeah, we go way back) and the two of us had a nice little chat.

Here’s a few things he shared with me but apparently doesn’t want to tell you. (No offense, I’m sure.)

1. He always spends less than he earns. In fact his mantra is, over the long run, you’re better off if you strive to be anonymously rich rather than deceptively poor.

2. He knows that patience is a virtue; the odds are you won’t become a millionaire overnight. If you’re like him, your wealth will be accumulated gradually by diligently saving your money over multiple decades.

3. When you go to his modest three-bed two-bath house, you’re going to be drinking Folgers instead of Starbucks. And if you need a lift, well, you’re going to get a ride in his ten-year-old economy sedan. And if you think that makes him cheap, ask him if he cares. (He doesn’t.)

4. He pays off his credit cards in full every month. He’s smart enough to understand that if he can’t afford to pay cash for something, then he can’t afford it.

5. He realized early on that money does not buy happiness. If you’re looking for nirvana, you need to focus on attaining financial freedom.

6. He never forgets that financial freedom is a state of mind that comes from being debt free. Best of all, it can be attained regardless of your income level.

7. He knows that getting a second job not only increases the size of your bank account quicker but it also keeps you busy — and being busy makes it difficult to spend what you already have.

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

https://lenpenzo.com/blog/id1151-19-things-the-millionaire-next-door-wont-tell-you-2.html 

Read More
Advice, Misc. DINARRECAPS8 Advice, Misc. DINARRECAPS8

68 Bits of Unsolicited Advice

.68 Bits of Unsolicited Advice

By Kevin Kelly

It’s my birthday. I’m 68. I feel like pulling up a rocking chair and dispensing advice to the young ‘uns. Here are 68 pithy bits of unsolicited advice which I offer as my birthday present to all of you.

• Learn how to learn from those you disagree with, or even offend you. See if you can find the truth in what they believe.

• Being enthusiastic is worth 25 IQ points.

• Always demand a deadline. A deadline weeds out the extraneous and the ordinary. It prevents you from trying to make it perfect, so you have to make it different. Different is better.

• Don’t be afraid to ask a question that may sound stupid because 99% of the time everyone else is thinking of the same question and is too embarrassed to ask it.

• Being able to listen well is a superpower. While listening to someone you love keep asking them “Is there more?”, until there is no more.

68 Bits of Unsolicited Advice  

By Kevin Kelly

It’s my birthday. I’m 68. I feel like pulling up a rocking chair and dispensing advice to the young ‘uns. Here are 68 pithy bits of unsolicited advice which I offer as my birthday present to all of you.

• Learn how to learn from those you disagree with, or even offend you. See if you can find the truth in what they believe.

• Being enthusiastic is worth 25 IQ points.

• Always demand a deadline. A deadline weeds out the extraneous and the ordinary. It prevents you from trying to make it perfect, so you have to make it different. Different is better.

• Don’t be afraid to ask a question that may sound stupid because 99% of the time everyone else is thinking of the same question and is too embarrassed to ask it.

• Being able to listen well is a superpower. While listening to someone you love keep asking them “Is there more?”, until there is no more.

• A worthy goal for a year is to learn enough about a subject so that you can’t believe how ignorant you were a year earlier.

• Gratitude will unlock all other virtues and is something you can get better at.

• Treating a person to a meal never fails, and is so easy to do. It’s powerful with old friends and a great way to make new friends.

• Don’t trust all-purpose glue.

• Reading to your children regularly will bond you together and kickstart their imaginations.

• Never use a credit card for credit. The only kind of credit, or debt, that is acceptable is debt to acquire something whose exchange value is extremely likely to increase, like in a home. The exchange value of most things diminishes or vanishes the moment you purchase them. Don’t be in debt to losers.

• Pros are just amateurs who know how to gracefully recover from their mistakes.

• Extraordinary claims should require extraordinary evidence to be believed.

• Don’t be the smartest person in the room. Hangout with, and learn from, people smarter than yourself. Even better, find smart people who will disagree with you.

• Rule of 3 in conversation. To get to the real reason, ask a person to go deeper than what they just said. Then again, and once more. The third time’s answer is close to the truth.

• Don’t be the best. Be the only.

• Everyone is shy. Other people are waiting for you to introduce yourself to them, they are waiting for you to send them an email, they are waiting for you to ask them on a date. Go ahead.

• Don’t take it personally when someone turns you down. Assume they are like you: busy, occupied, distracted. Try again later. It’s amazing how often a second try works.

• The purpose of a habit is to remove that action from self-negotiation. You no longer expend energy deciding whether to do it. You just do it. Good habits can range from telling the truth, to flossing.

• Promptness is a sign of respect.

• When you are young spend at least 6 months to one year living as poor as you can, owning as little as you possibly can, eating beans and rice in a tiny room or tent, to experience what your “worst” lifestyle might be. That way any time you have to risk something in the future you won’t be afraid of the worst case scenario.

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

https://kk.org/thetechnium/

Read More
Economics, Misc., News DINARRECAPS8 Economics, Misc., News DINARRECAPS8

The Old Guard Are Never Off Watch Keeping the Real Empire Afloat

.The Old Guard Are Never Off Watch Keeping the Real Empire Afloat

MAY 6, 2020 Information Briefing #151 by whitehatsauxiliaries.

Note: The following article was first published in March, 2015 in another venue. The author has authorized a re-publishing and hopes you understand the implications for us all as the mission and goals outlined below continue to advance on many fronts. – WHA

It’s amusing to see so much unfounded rhetoric across the media and Blogs. Even more so the wild speculations of some comments. Currency projections, wealth disbeliefs, and political negativity. At best, most are naive. Quietly, out of Public view, so much is unfolding and forces of good ARE at work for all of you.

Real world moves are being achieved by highly placed Political accords and Private meetings between Empowered parties. The Publicly invisible Diplomatic and economic private meetings, so dependent upon the standards of culture which founded the truly great Empire epicenters, with the skill, and often speed of intellect, of those out of Public view on the front line. Empires thrive, survive, or fail because of them. People make it happen, or not.

The Old Guard Are Never Off Watch Keeping the Real Empire Afloat

MAY 6, 2020  Information Briefing #151   by whitehatsauxiliaries.

Note: The following article was first published in March, 2015 in another venue. The author has authorized a re-publishing and hopes you understand the implications for us all as the mission and goals outlined below continue to advance on many fronts. – WHA

It’s amusing to see so much unfounded rhetoric across the media and Blogs. Even more so the wild speculations of some comments. Currency projections, wealth disbeliefs, and political negativity. At best, most are naive. Quietly, out of Public view, so much is unfolding and forces of good ARE at work for all of you.

Real world moves are being achieved by highly placed Political accords and Private meetings between Empowered parties. The Publicly invisible Diplomatic and economic private meetings, so dependent upon the standards of culture which founded the truly great Empire epicenters, with the skill, and often speed of intellect, of those out of Public view on the front line. Empires thrive, survive, or fail because of them. People make it happen, or not.

knights-templar-stories-featured-image[1].jpg

So much is propounded by the Blogmeisters. Daily claims of Chinese Elders imminent moves. Yet, in London, quietly away from Public view, potentially the most important steps of all were not only progressing with articulate skill, but Elder’s extended stays a further week to encompass longer term aspirations in a whole new spirit of ethical Trust and mutual goodwill achieved.

Be in no doubt, had the wealth of the Elders been utilized ethically as intended by US Presidents and the Cabal, our world would have been a wealthier, more stable and peaceful civilization.

lordspic-2[1].jpg

Co-existence is a state of mind. Elders in London were enthused at the charisma, dynamism and truly humble personal manner and depth of understandings of those so highly placed.

 It also gave them hope and understanding that remaining vast Elders funds, if used correctly this time with such Enlightened men of standing as they met, offers that candle of light in the dark night all seek. A Beacon of hope. We know the duties of office needed.

Although telling that to a disenfranchised American Public today, whose very survival as economic units is precarious, is a step beyond current mental reach. First the need to change their mind set.

For a nation who had it all, to now, where has it all gone?

The future for Americans, as it stands, left to the Cabal or Zionists, is now just that- Precarious. Truly. Yet the vacuous and mendacious Mongrels from the Political spectrum to the Military and Wall Street roll on taking from all at will.

Petraeus cops a Plea for his sordid affair and dereliction of duty. Another over hyped, Pencil Pushing Wonder Brat who had presumptions of power. Now he wiggles in ignominy. A sordid little man consigned to history as a train wreck of vanity.

How sadly the presumptuous mighty fall. What a miserable Wimp he turned out to be. How dumb is a Spymaster too stupid to swerve a Honey Trap?  Well, at least he was born with the ears for the Dumbo role! John Wayne we miss you. Or his type.

The Bush / Clinton Crime Cabal goes on, with no standards of decency or morality. The Cabal beats its drum, as the American economy just ever more retreats. A hundred million, good, distressed and confused economically burdened Americans wait in blind hope of new Leadership, as yet another election will be rigged. Leadership? But, from where? Have you assessed those Skip Rats in Washington?

The Sleaze machine capital of the world. Pigs at the trough. Chaos rules. As Mad Benny Nutter Yahoo propounds his Kazakh States determination to invoke Nuclear hell on his neighbors, and with the support of his enriched Stateside Zionist Backers, seeks to Mug the US Political apparatus ever more. The Jewish lobby was hard at work. They flatter to deceive. When will those bribed to support Israel be removed from Office?

Who cares who we Shackle if it makes us a Shekel they whine?

Yet in London the real battles are being won. Hearts and Minds. Culture thrives. Concepts of good citizenship are expanded and agreements reached. Wealth is power. Wealth empowers.

But, as the Empire knows, real Wealth is the hands across the oceans. Meetings of minds. Relationships build Empires. Yet between the sites of WHR and WHA are so many green shoots of hope. New life.

The basic goodness of communities ever there. Hope is not lost. Both sites are enriched by their quality of supporters. Each a credit to their nations. Look at ever growing worldwide support. Nations are co-enjoining. Meetings of minds.

the-old-guard-are-never-off-watch_4[1].jpg

 In the greatest hall of power, serious dialogue is progressing. Economic debate covering this century is playing out. As regards the true wealth of the real Elders, respectfully, nations have no idea. Taiwan houses the majority of the vast ancestral wealth of the old Chinese Dynasties.

When the key families moved to escape oncoming Communism, their many centuries of wealth went with them. Gold, Cash, Bonds, Artifacts etc. Vast treasure troves remain to this day, hidden from Public or State view. Controlled in total by the key 40 Elder families.

The main power beneficiaries are fully aware of the encroaching risks of Chinese expansion across Asia and Eurasia. Is it coincidence that in London, in the most private meetings of all, consummate diplomacy was hard at work with intense negotiations, achieving clearly what has made London the most influential Financial base in the world, and the true corporate infrastructure base of capitalism.

As America ever founders, London ever grows. The City is awash with touring foreign schoolchildren, mainly now Chinese, all the key building blocks of the future. Shaping opinions, shaping the future economies, appreciating each others cultures.

We are ever at the forefront, winning hearts and minds. Evermore you are read across the planet. Your points are heard and comments read. The Elders reverberated from this new concept. One World of All Nations? Asking, why was this not envisaged 60 year ago when we wished to help nations co-exist?

Yet, when all hope was foundering, quietly, in the greatest Hall of Power on Earth, confidence grew as minds attuned and new deep relationships were forged.

There IS hope and a new found concept of true Global awareness is on its way back now – back to Asia. Awareness of a better way. Behind it ever greater wealth and power will transfer to London. As will the emigration of the great families. As their vast wealth moves, so will they.

You all have a voice and a point. Now, evermore a Global one. We are a growing Global force of each and all of you. It is YOU. The voice of nations, of values and truth. To help evolve humanities consciousness. No other such media reaches where you go.

From Transhumanism, to pseudo religious ideologies, and Political chicanery. We give no mercy, and push the boundaries of truth and hope. It is the voice of all of you, striving for a better world, a consensus of minds and standards of decency.

Nation rebuilding to leave our children a future worth having. Helping each Elder understand the very concept of our Book of Life, forged ideologies which may change nations. Reason is founded on Trust. Societies need a base of values.

So many of you make ever enlightening contributions. For all of us, you are our candles in the wind of change. Twelve men helped change a world. What can twelve thousand of you do? Post the GCR and RVs we will see. Behind it all, in the great hall of power, real progress is building.

Elders met English key Elders, and deals are forged. Empires are evolving but now based on Global progression, and removing those sleazy Runts between the Banking, Political and Cabal infrastructures who are the root cause of rot today. We tell it, as it is.

New relationships take time to evolve, but it’s happening, and progressive understanding is in play with a Global vision. There are no nations, just one people who need to learn to co-exist, establish communal values and share our planet in harmony and culture for all.

It starts with building and valuing Trust. It starts with believing in and striving together for better. Expanding consciousness. Evolving as a Soul Nation for all.

If one group can do that, why not all? Our whole world is now changing so rapidly. Politicians are so dreadfully out of touch with the emerging Global reality.

Unfortunately, in the MSM rigged media circus of America, so are the people. How do we help our Brother men bar with truth? The Information highway.

Exported back now to China is a whole new word of expression for the Cabal and US Political deviants. Ah – Souls! They loved it.

From such camaraderie new Empires are built. Laughter is priceless. As is the love of our children, so, lets give them a world fit to grow in safety. You are all the candles in this dark world of confusion created by such Political mediocrities. Our shining stars, and YOU are the future. Already you are conscious and evolving. As will all you embrace.

In just 3 weeks we have built a whole new concept of Nation’s needs.  Yes – We – Did!

GCR RV DINAR DONG

 

https://whitehatauxiliaries.com/2020/05/06/information-briefing-151/

Read More
Economics, Misc. DINARRECAPS8 Economics, Misc. DINARRECAPS8

Mapped: The Wealthiest Person in Every U.S. State in 2020

.Mapped: The Wealthiest Person in Every U.S. State in 2020

Published on March 31, 2020 By Jeff Desjardins

The Wealthiest Person in Every U.S. State in 2020

There are different degrees of wealth that exist, even among the richest in America.

For example, a heavy-hitting millionaire might have the most impressive fortune in his or her home state — but venture a few miles across the state border, and suddenly they become a small fish in a much bigger pond.

Today’s map comes to us from HowMuch.net, and it shows the incredible variance in the biggest fortunes on a state-by-state basis.

Mapped: The Wealthiest Person in Every U.S. State in 2020

Published on March 31, 2020   By Jeff Desjardins

The Wealthiest Person in Every U.S. State in 2020

There are different degrees of wealth that exist, even among the richest in America.

For example, a heavy-hitting millionaire might have the most impressive fortune in his or her home state — but venture a few miles across the state border, and suddenly they become a small fish in a much bigger pond.

Today’s map comes to us from HowMuch.net, and it shows the incredible variance in the biggest fortunes on a state-by-state basis.

richest-person-every-u-s-state-2020[1].jpg

The Rich List, by State

Below is the full list containing the wealthiest person in every U.S. state, based on calculations by Forbes in early March 2020.

Amazon founder Jeff Bezos tops the list with a net worth of $117.1 billion in the state of Washington — meanwhile, the smallest fortune on the list is located in Alaska at just $0.3 billion. 

Rank      Person                                      State                 Net Worth ($B)

#1           Jeff Bezos                                Washington          $117.1

#2           Warren Buffett                        Nebraska               $89.6

#3           Mark Zuckerberg                   California                 $81.9

#4           Michael Bloomberg              New York                  $58.4

#5           Jim Walton                             Arkansas                  $51.9

#6           Alice Walton                           Texas                        $51.7

#7           Charles Koch             Kansas                    $42.8

#8           Sheldon Adelson                    Nevada                    $41.4

#9           Phil Knight and family           Oregon                     $40.0

#10        Jacqueline Mars                     Virginia                    $30.2

#11        John Mars                             Wyoming                  $30.2

#12        Ray Dalio                               Connecticut             $18.7

#13        Thomas Peterffy                     Florida                     $17.6

#14        Abigail Johnson                      Massachusetts       $16.0

#15        Pierre Omidyar                       Hawaii                     $13.2

#16        Ken Griffin                             Illinois                   $13.1

#17        Thomas Frist Jr & family        Tennessee              $13.0

#18        John Menard Jr                     Wisconsin              $11.7

#19        Philip Anschutz                      Colorado                 $11.5

#20        Carl Cook                              Indiana                     $10.4 

Showing 1 to 20 of 50 entries            Next     

While all of the names above are considered extraordinarily wealthy in their home states, there is still a magnitude of difference involved. The low end of the list ($0.3 billion) would need to multiply their fortune by 390 times to get up to the $117.1 billion Bezos level.

To put this another way, the same degree of difference exists between the median household wealth in the U.S. (~$100,000) and a multi-millionaire with $39 million to their name.

Rising and Falling Fortunes

The above figures were obtained prior to the COVID-19 market crash,, which will surely impact the size of some of the fortunes listed here.

Who will be most and least impacted by the recent stock market turmoil?

Even though Jeff Bezos has most of his wealth tied up in Amazon stock, so far it has been relatively unaffected by the volatility. With more people staying home because of social distancing, orders on online platforms such as Amazon have exploded.

Similarly to Amazon, the heirs of the Walmart fortune in the Walton family — including Jim Walton, Alice Walton, and Rob Walton — are also seeing Walmart’s stock price hold relatively steady in the face of volatility. In fact, some analysts consider Walmart to be the ultimate “recession-proof” stock, as consumers flock to discount goods in poor economic times.

Warren Buffett is also an interesting case. Though the stock market has certainly disrupted the real-time value of his fortune, that’s not the game that Warren Buffett plays. In fact, he is known for waiting for times of crisis to deploy his cash, and has a significant stockpile of money ready for just this kind of situation.

Billionaires like Sheldon Adelson in Nevada or Philip Anschutz of Colorado might be singing a different tune than some of the other above magnates. Adelson, for example, owns a good chunk of the Las Vegas Strip, as well as casinos and hotels in Singapore and Macao. Unfortunately, tourism-related businesses are some of the hardest hit in the COVID-19 crash.

Meanwhile, Anschutz owns the Coachella Music Festival and stakes in many professional sports teams (LA Lakers, LA Kings, and multiple MLS teams), which have all been impacted by the cancellation of big events and gatherings throughout the country. Like many others, Anschutz is probably itching for things to get back to normal.

https://www.visualcapitalist.com/wealthiest-person-in-every-u-s-state-2020/ 

Read More