Yeah, I know - I’ve been neglecting my blog. I have not felt very inspired to write articles, and true to my own philosophy of not writing without something to say, I have focused my efforts elsewhere.
Personal Development Blog
Personal Development Blog
by Alex Scheel Meyer
by Alex Scheel Meyer
- Better self, Better life!
- Better self, Better life!
Wealth Is Not Just For You
Posted in MoneyWhile I am sure you can find a lot of fine reasons why massive wealth will make you happier and more passionate about life, I would like to use this article to point out some of the reasons why you should make massive wealth a goal in your life to benefit others.
You are faced with risk in every thing you do and at every moment in time. There is nothing you can do about it but try to manage it. Taking a stand and consciously deciding to improve your life through personal development is a case where you stop living entirely in reaction to your circumstances and use your actions to try and control those circumstances. This will reduce the randomness of your circumstances and in a sense this is a kind of risk management. When you decide that you will only eat healthy food and actually implement this idea, you reduce the risk of attracting a lot of diseases and health problems - and similarly in the areas of finances, spirituality and relationships a focus on personal development can simultaneously reduce the amount of risk in your life.
Investing With Leverage For Wealth
Posted in MoneyOne of my hobbies is cars. I like both new and old ones but mostly those with a sports car feel to them so I can experience the thrill of tight corners in a well-balanced car. Since I like cars so much I have a hard time resisting to buy them and because I am not rich (yet) I usually end up with an older beat up car in need of some tender loving care. Normally I fix my car myself when it breaks down so I have a bit of car-wrenching experience. Some times (especially with old cars) the nuts and bolts are so rusted that they are practically fused to the car and will not budge simply by putting a wrench to them. Which brings me to my point - you can often get the nut/bolt off if you extend the wrench with a metal pipe and use your force at the end of this extension. A nut or bolt that was previously impossible to budge can often become a piece of cake; either that or something breaks! Given a long enough extension something will budge.
Stocks As An Investment
Posted in MoneyThere are many different points of view of the stock market. Having lost quite a bit of money in stocks my father says “stocks are just too risky”, others will quote statistics like “historically stocks have yielded a better average return than other traditional forms of investing”, some advocate daytrading (only keeping each stock for a short period of time like hours or days) as a way to financial affluence.
Yesterday I fell in love. If you are not a car nut like me this will probably sound a bit silly but I fell in love with a car. I was out at a dealership and had 4 different cars that I wanted to look at, two of them were in my price range and the other two were on the upper limit of my price range. But the first car that caught my eye when I entered the dealership was a charcoal grey 500 series BMW just outside of my price range. Even though the car was a used one, it looked just like new and was obviously very well taken care of. The best thing about it though was the interior, it was fantastic, it was so good in fact that it redefined for me how good a car interior can be. Inside that car I felt right at home, there was nowhere I could look that was not made of a quality material and seemed like a natural part of the design. Before getting too caught up in a car outside my price range I decided to look at the cars I originally wanted to look at but after having had such an experience with the charcoal one none of the other cars seemed like proper cars but rather like cheap imitations of the real thing. I found myself back by the charcoal BMW for some more drooling but to my luck the dealership was closing and I left without trading in my left arm for the car.
Please Do Not Sell Me Anything
Posted in MoneyWhen I was 22 I worked as a telemarketer for a while. I was selling book subscriptions over the phone. I know you are now grinning a bit and thinking “what a lousy and despicable job” and it is probably not entirely without reason that telemarketers have a bad reputation. For me though, it was a chance to learn a bit about selling and at the same time earn some money to finance my studies (and parties :)). Also, at first I actually liked the job: I could offer people a good deal; the books were cheap and mostly pretty popular. Of course the reason why it was a good offer was because people would be signed up for a subscription in the hope they would later buy other books at full price but the good thing was that nobody was bound to this subscription and you could cancel it any time. Later though, the company changed its policies, not only was the price of the introductory offer increased, there was also introduced a minimum amount of books you had to buy at full price. Suddenly I did not like the deal I could offer people and I started to feel bad about selling the books. Of course my job satisfaction as well as my sales plummeted and I soon quit the job.
Much has been written about setting goals in your life and designing your destiny instead of relying on fate to fulfil all your dreams and desires. It is no wonder that so much has been written about goal setting, as it is very important and is often neglected. But before you can plan your journey towards your goal, you will need to know where you are.
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