Humans do many things for “money” that they would not do otherwise. This is often as, if not more, true for those who “have” (and fear “losing” or not having “enough”) money as those who don’t. Read the rest of this entry »
A penny saved is a penny earned? Take care of your pennies and your dollars will take care of themselves? A (magic) penny that doubles it’s (“compounded“) value every day would very quickly be “worth” more than a million (paper) dollars. What do YOU think about pennies – and dollars?
Offering a penny for someone’s thoughts doesn’t usually make putting their two cents in “worth” doing (or a fair exchange of “value”). Even offering a dollar (coin) is not likely to change things much. Pennies used to be made out of copper (and nickels out of nickel). Today, they no longer are. Dollar coins were once big, heavy, and made out of silver. Today, dollar coins are golden in color and made mainly out of copper (and a little zinc, manganese, and nickel) – and are lighter than two quarters, four dimes, two nickels, four pennies, and an average car key. Read the rest of this entry »
Greece is the word – for things many people may not want to admit or talk about. Squeaky wheels may get grease to keep them quiet, but squeak or squawk too much about “money” in Greece (or Poland) and getting “greased” may mean (permanent) “liquidation”. Be especially wary of those whose principle interest is the interest on “their” principal. If you have the “foggiest” idea of what I’m talking about, be careful when, where, and with whom you fly…. Read the rest of this entry »
All “ownership” is only temporary. It is also almost always never completely, nor even really, “owned”. Perhaps a better word (in addition to access, use, and control) might be (having) “custody”. Read the rest of this entry »
“Ownership” is over-rated – and so is money. Access, use, and control are MUCH more “valuable” and important. It is usually better to “own” very little – but be able to “access”, “manage”, “control”, or have actual, physical, or virtual (temporary or “permanent”) custody of whatever is needed or desired (through properly “structuring” business and personal affairs, agreements, and ideas about “ownership”).
There are MANY different ways people who do not “own” an “asset” (or “resource”) can still benefit from it. Read the rest of this entry »
Forbes claims the “richest” person in the world is in Mexico. Their list of “billionaires” is based upon individual (financial) “net worth” (measured in Federal Reserve Note Dollars) – rather than any of the many other factors that constitute and contribute to being “rich” and/or “wealthy”. Also not mentioned were resources, assets, and activities which are controlled or influenced (even if not “owned”) by families, groups, rather than by individuals. The Rothschild Family alone is said to control trillions – and yet none of them appear on Forbes list. Read the rest of this entry »
Cooperation almost always benefits everyone more than competition – especially since everything (and everyone) is ultimately (and sometimes intimately) connected (in one way or another). To be (or to “go it”) alone is often to be cut off and dis-connected. Independence is actually a MYTH – pretending to Make Yourself The Hero (and ignoring most of “All Your Relations”). Read the rest of this entry »
Facebook has displaced Google as the medium of choice for (targeted traffic) internet marketing. This may be “good” or “bad” depending upon who you are and what you want. The average Facebook user will likely see many more ads – but at least most of them will be semi-relevant to their (posted) status and interests. Read the rest of this entry »
What you actually pay (or receive) in interest is seldom what you think. Calculating interest payments would be lot less complicated if people used “simple interest” (which would just be a straight percentage) – but almost NOBODY does. Compounded, annual percentage rates (APR), and amortized values are usually quite different from what most people believe they are agreeing to. Read the rest of this entry »
There is probably a “formula” for just about everything. Like finding a “silver bullet”, many people seem to seek a “secret” or “magic” formula – for something. Read the rest of this entry »
