moneyFYI
Financial Freedom Is Merely Organized Common Sense
Tag: meaning
Are You Smart Enough To Know The Future?
Ronald Gerald Wayne is a smart guy. He understands life and the range of its possible outcomes. If you don’t know who he is, you can be forgiven. A carefully crafted survey of all the people who work within 25 feet of my office… Continue Reading “Are You Smart Enough To Know The Future?”
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Measure Results
My local Ford dealer accomplishes something when he delivers a new vehicle. Possibly a used one, or possibly service, but new vehicle is primary. His stock in trade is vehicles and he measures success by how many he delivers, how satisfied is the customer… Continue Reading “Measure Results”
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Frustration Is A Useless Emotion
Sometimes wisdom comes from unexpected places. Like the title above. Last spring I watched the Stanley Cup playoffs and in particular the Nashville Predators. I watch them because Mike Fisher is from Peterborough, I like his uncle Dave and father Jim and because Mike… Continue Reading “Frustration Is A Useless Emotion”
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Conflict Resolution
Much of life is resolving differences between yourself and “the others” For this purpose “others” include family, friends, employees, co-workers, partners, bankers, customers and more. How do we do it? I recently watched a bright young professor from MIT, Rebecca Saxe, deal with this… Continue Reading “Conflict Resolution”
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A Perfect Tax
I suppose that only some have heard of Morton’s Fork. Be aware, a version of it may appear soon. Archbishop of Canterbury and later Cardinal, John Morton was Chancellor of the Exchequer under King Henry VII. He developed a unique way to determine who… Continue Reading “A Perfect Tax”
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Buying A First Home
For most people, buying a home is the largest single expenditure they will make in their lifetime. As with most financial things, there is a mystique, dare I say spin, about the surrounding information. Let’s look at some of the details: Bi-monthly and weekly… Continue Reading “Buying A First Home”
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Digital Intuition
It will soon be 48 years since I first played with a computer. Back then RAM and Hard Drive space cost about $1.00 per byte. About two and half gallons of gas per byte. There was not a gigabyte of RAM in the entire… Continue Reading “Digital Intuition”
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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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Power and Influence
Recently, Seth Godin pointed out that you don’t own attention or trust or shelf space. You rent it and it has a cancellation clause. As soon as you behave as if you own it, it goes away. Power and influence are transient too. You… Continue Reading “Power and Influence”
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Student 1, Professor 0
Some years ago, a learned university English professor was explaining the meaning of a Margaret Laurence novel to an undergraduate class. One of the students objected to his position and was caustically put down. The next week, the same student raised her hand and… Continue Reading “Student 1, Professor 0”
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