moneyFYI
Financial Freedom Is Merely Organized Common Sense
Tag: goal seeking
How Much Should Gold Sell For?
J.P. Morgan is reputed to have said, “A thing is worth what it will fetch.” That seems objective. Nonetheless, there are two fundamental premises that underlie the statement. Those premises may alter the statement’s “meaning” for you. “What it will fetch” is a synonym… Continue Reading “How Much Should Gold Sell For?”
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Liveware Fails
A computer systems designer’s view of the world is that the hardware works, the firmware works, and the software works. It is the liveware that causes the problems. It is not so different when it comes to investing. We are all, every one of… Continue Reading “Liveware Fails”
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What Is A “Good” Financial Plan?
I have been trying to understand the point of a financial plan for the last month or so. I have come to the conclusion that only a few people know and I am not certain that I am among them. I have talked to… Continue Reading “What Is A “Good” Financial Plan?”
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Catch-Up Is A Bad Goal
Humans are goal-seeking devices. They plan and execute flawlessly when permitted. Because they are so good at achieving goals, it is crucial that they have the right ones. Many of us have coached children in sports. We are familiar with the condition of catch-up… Continue Reading “Catch-Up Is A Bad Goal”
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Goal Seeking
Eleven years ago, Jim Collins wrote a book. “Good to Great: Why Some Companies Make the Leap… and Others Don’t.” Its premise is that it is easy to be satisfied with good. Progress towards great stops once success has been achieved. In his words,… Continue Reading “Goal Seeking”
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