Why inflation doesn’t matter yet

In 2010, the year’s inflation rate was 1.64 percent. The year prior we experienced deflation for the first time in many decades, at -.34 percent. This year’s annual rate, so far, is averaging 2.14 percent. It’s not screaming upward, but it’s definitely rising. Continue reading

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Choosing up sides

As you consider joining your fate with others, would you rather work with a lazy genius, or an average person who won’t give up? Continue reading

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Everybody has to earn a living

If you’re not rich, the point is clear. But even the wealthy must work at maintaining their wealth. While you and I toil full time at our respective means of generating an income, a rich person toils at keeping track of, and making decisions about, their accumulated assets. If they are really smart, they’ll have kept their assets in easy-to-manage categories. But manage they must. A good friend of mine once described me as a Master of the Obvious. Here I prove her point yet again. But even the obvious can have unobvious ramifications and hidden lessons of life. Continue reading

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The perfect transaction

It’s not supposed to work this way, is it? Somebody has got to lose, for someone else to win, right? Continue reading

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