 he media is 90 percent negative.
We also know that to sell newspapers, you have to grab audience attention with a striking, sensational headline.
Try this experiment: Don't listen to, or read any news for a month. Then review what you missed
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Who would have guessed that real estate would have fallen like it has?!
Even
in the midst of the boom, when everything looked so bright, Peter and I
urged our clients not to be seduced by what they could borrow, but
rather determine themselves what they could realistically afford to
pay. The only way to do this is to live by a spending plan and be a
good steward of available resources.
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My clients keep ask ing me what to do with the incentive check they have recently received from the federal government. I find these little so called "incentives" silly, especially since they are being sent out with the supposed intent to help stimulate the economy.
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I'm really fed up with all the lame suggestions all those talking heads
on national TV come up with to control spending and eliminate debt.
They obviously don’t have a clue about the financial reality for the
average consumer.
Come on...can't we do better than suggesting
to Americans who are leaking money profusely from their financial
bucket that they "take the bus" to work or "eat a sack lunch?"
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You're contributing money to a 401(k) so that must make you an investor, right?
Wrong!
Let
me explain the difference between a saver and a true investor. A
saver lets someone else handle their money, thus eliminating
opportunities to learn for themselves what will and will not make them
more money. v
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