Wealth Management

Voted #6 on Top 100 Family Business influencer on Wealth, Legacy, Finance and Investments: Jacoline Loewen My Amazon Authors' page Twitter:@ jacolineloewen Linkedin: Jacoline Loewen Profile

April 3, 2011

Try something, rather than do nothing

If they can't catch you, they can't overtake you

"Go fast — really fast. The elephant can't catch a running mouse, but he sure can crush him when the mouse is standing still! When you're small, you got to be faster than the competition. In fact, that's pretty well true no matter who you are these days. So it's better to try something than do nothing," says Robert Herjavec.
The marines did a handbook of strategy which I read back in the nineties and based a great deal of my strategy work around their concepts. The one I debated with many business owners was - make decisions. They may be wrong so make another decision. Those who make the most decisions, win. 
What do you think?





Read more in Money Magnet by J B Loewen

April 2, 2011

Let's face it, Business Owners

There is no balance

"Your business is a living, breathing thing, and it has to survive, be fed and grow. There is no balance in your life when your business is in trouble. If you are under the illusion that you can start a business and run it at your life's schedule, you are mistaken. The business is like a starving puppy — when it needs to eat, then it needs to eat regardless of what you have going on personally," says Robert Herjavec.
Hey, those who want a balanced life, good for you. Even when business is not in trouble, there is no 'balance' in your life. Big highs, big lows, big highs - wash, rinse, repeat...

Read more in Money Magnet by J B Loewen

A Nation of Takers, Not Makers

Today in America there are nearly twice as many people working for the government (22.5 million) than in all of manufacturing (11.5 million). This is an almost exact reversal of the situation in 1960, when there were 15 million workers in manufacturing and 8.7 million collecting a paycheck from the government.
More people in the wagon then pulling the wagon?

Stephen Moore: We've Become a Nation of Takers, Not Makers - WSJ.com

Why the era of top secrecy for the Federal Reserve should end

The US FED is a privately owned bank. It will only disclose what it wants to. 
No-one including the US president will be able to get what info they want out of them. Even the US treasury is run mostly by former Goldman Sachs employees. It's a revolving door. They don't call it Government Goldman for nothing. 
Doesn't matter anyway. All shall be revealed in a few months when QE2 runs out. The FED has become the lender of first and last resort. 70% I'll say again 70% of treasury purchases are coming from the FED. They are in effect printing massive quantities of digital dollars. 
The US is in trouble either way it goes. If QE ends the economy collapses, if they continue, the dollar collapses. The pyramid scheme of money creation is coming to an end.

Ireland still hasn't fixed its broken banking system – Telegraph Blogs

The larger financial system is still a worry.