Here is a good discussion article about how the lowering value of the dollar is hiding the inflation that is occurring. When the economy picks up and we have money to spend. Things from other countries will be more expensive!
Just something to be aware of.
http://www.marketwatch.com/story/inflations-just-another-word-for-cheap-dollars-2010-10-19?reflink=MW_news_stmp
In my generation, or my group of buddies……our biggest concern was where the next backyard imitation Band “Kiss” or “Ozzy” Band was playing, and a recession was the last thought on our mind as you could see by our poor choice in Fashion at the time. Big Rocker Hair with so much hairspray, you still looked good after getting off your friends Motorcycle! haa haa haa
I often wonder how those who complain about prices of gas, food and other bills, figure a way to curve or even cut out excess spending habits, you know the unnecessary stuff, like “The Everything Plans” or even Cable! (well maybe not cable)…Anyone have any good tips? I guess we should get outside more often! What do you think? Are you worried? Do you have a plan?
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Raquels Diary
During these tough times so many of my friends are looking to their 401k to get them out of a bind in case they need the extra cash. I wonder if the Economy does not improve for some time and they used their “VIM” (Very Important Money)….did they just set themselves up for disaster? Feel Secure yet? Is there a correct plan of action out there? Hello…remember what 401k was meant for…. “Retirement!” Good luck…now it’s all about survival and if your not paying attention…you might want to start thinking about moving back to your parents house “oh it’s ok remember 40′s is the New 20′s”… or better yet you can move in with your kids! HELP!
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Raquels Diary
I’ve often wondered why people purchase timeshares? or better yet, now that the economy is more banana’s, what do you do to keep this? Are these not extra payments per month/year? I just don’t get it. I did at one point go on a timeshare painful lecture/sales pitch in Las Vegas just for free dinner and a show, I remember they made it all so glorious. (no sale here)
How do you afford this? Anyone try to get out of this or are you happy with this? Just curious.
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Raquels Diary
I love to surround myself with as much positive energy as possible. Most of my friends and customers know me for keeping it real and staying in a positive light as much as possible and if I can I will try to shed a positive light in any I can. Whats my motivation? Many things around me..I’m happy to start a new day! Where the day takes me can be a challenge or an adventure.
When I need a burst of positive energy, I like listening to Joel Olsten, or Tony Robbins.
Thoughts?
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Uncategorized
When reading through the USA today online I saw an interesting article about how people are abandoning banks to move to cash because they cannot afford the “surprise” fees that hit them. It appears that the banks are mining every source for capital and profits again. In so doing hurting the very people that we need to keep in the banking system and help learn to have a better life. I do hope that some banks read this article and do the responsible thing.
Heres the link to the article if your interested http://usat.me/?39635618
Just got back from a rocking weekend with Tony Robbins so I am posting this inspirational song for myself and others to play.
Thanks
Robert
I think one of my main problems is how to become more organized so I can focus better! With so many electronic devices that let’s face it…I will not use all their applications or write all my personal information on each and every one of them…having 6 email addresses..it’s just crazy! No wonder I never know where anything is anymore! As soon as I learn how to work any of these devices, it all changes….And if I want to communicate with all my friends/family/customers….etc. I always have to teach someone else where and how to do things together and we all know..I’m still learning and then there are some you just can’t teach! (You know who you are)
So here it is…. All of you “Get on Board” I’m going to start and Organize myself with “DropBox!” I’ve been reading the reviews and it’s all good things. Check it out!!!! Let me know what you think.
So far just talking to people in general about their Mula has been a bit challenging but worthwhile when they realize how little I know. Like I said before, I’m here to be honest and I need honest answers and idea’s. I am not interested in how much money you have (unless we are dating) haa haa, no wait I’m being serious right?! I only say this because I have been known to give away my money to some past losers and will Not do that again! So I am keeping it real. Let’s move on shall we???
Talked to 3 people this past week. 1st person said they were considering investing in BP.
2nd person asked if your work place can limit your 401k interactions?
3rd person suggested investing in Gold Bars.
What do you all think?
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Raquels Diary
We have put up a new explanation on the ETF MBB the iShares mortgage backed ETF that is used in the book: Is Buy and Hold Dead?
link to ETF: MBB