Archive for Keeping what you earn
It seems like every time I make the mistake of clicking on a story about gas prices, there are multitudes complaining about speculators. Because the complainers have never bothered to learn about capitalism and market forces, they believe whatever the so-called journalists of this era tell them to believe; that it is the evil rich 1% raising the gas prices by speculating in the markets. One of the things the so-called journalists never mention – probably because they don’t know themselves – is that speculators can make just as much profit when oil prices go down so they have no reason to intentionally drive prices up. You can learn how to profit when commodities or stocks drop in price too.
I’m not one of the rich 1% by any means, but I darn sure am not one of the 99% the complainers claim to represent. In fact, I’m trying to understand why they believe it is proper for the government to make 30 or 40 cents per gallon for doing nothing*, but it is evil for the oil companies to make 4 cents per gallon for taking all the risk of exploration, drilling, transporting, refining, and retailing.
I’ve studied markets and I’ve learned how money can be made. Capitalism can work for anyone that is willing to do what it takes to learn, and is willing to take some risks. The rich 1% got rich by acquiring knowledge and taking risks. It could be that by investing a little money and time in acquiring knowledge, and, instead of buying that new (probably foreign made) motorcycle or 4-wheeler, any American can join the elite group of the capitalists over time. I fully intend to do so. This link will lead you to resources to do so too**. http://digijunction.com/investing/diplocon
*Yes, I understand the various government build roads with some of the revenue, but I’d sure like to see a verifiable accounting of where all that road tax money goes. I don’t mind paying user taxes if they are used to support the intended services, but many of the programs the various governments spend taxpayer money on are completely against my wishes (and common sense) and have nothing to do with the item on which the taxes were levied and paid.
**In the spirit of disclosure; Diplocon receives a small commission for some products, but that does not add to the price or detract from the value and usefulness of the products – indeed, if used, the programs might well save the purchaser the thousands of dollars I spent acquiring the knowledge contained in the programs as sold for a few tens of dollars.
How many times have we heard predictions that the dollar is going to collapse, the US economy will fail, and therefore we wonder if planning for our financial future might be futile, so why bother? I remember hearing the same sort of stories in the 90’s. In fact, remember the Y2K Bug? Our financial system was supposed to collapse and we were all going to be living in a barter system in which there would be no banks or currency at all? No government, no infrastructure, real back to the Stone Age sort of stuff.
Well, we partied like it was 1999 and made it through that disaster (as it was portrayed before it failed to occur), and we will make it through the next, so maybe we had better consider that there just might be a future after all.
Wealth generation and financial planning are alive and well – they just may require a little more diligence and knowledge than at times in the past before the easy money dot coms became dot bombs, and then the real estate bubble burst and wiped away a boatload of wealth seemingly overnight.
Americans working overseas usually have more investible income than the folks back in the US so need to be watchful for places to put their money to grow it and protect it.
Ric Edelman’s No Nonsense System for Building Wealth is an easy to understand, easy to use program that has helped this Diplocon Consultant implement automatic investment and retirement funding, and protect his financial future.
As in any area of life, you need to have goals and targets for your finances. You need to be able to monitor results and know if and when to make a move with your money (actually, a lot less often than many so-called financial experts would lead you to believe).
Edelman will help you understand mutual funds, index funds, insurance, retirement planning and even such unthinkable – but absolutely necessary – things as long term care and estate planning. He may even help you get enthused about it all so you will do it for your own good and that of your family.
Click on the link below and look through the available programs and you’ll find Ric Edelman and plenty of other authors/presenters to get you on your way to financial security or progress in most any area of your life.
I challenge you to make the effort to live your life to the fullest while working in the wider world OCONUS.
Please note that we receive a small commission if you buy Nightingale-Conant products via our website, but that in no way diminishes the value, or adds to the cost of these excellent programs. We have used these products for years and recommended them because they have helped us deliver results in our lives.