Thursday, July 18, 2013

Gone but not forgotten..................

Jackie Gleason (1916-1987) channels his inner Ralph Kramden

 

Compulsion.....................................................

Barenaked Ladies....................................Brian Wilson's Song

 

Lest we forget.....................................

                 Amendment IV

The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no warrants shall issue, but upon probable cause, supported by oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.
The meaning to those words seems plain enough.  I know this governing thing is hard, especially when many of the governed aren't at all enamored with being told what to do, or think, or say.  I know that many people will quickly trade liberty for security.  But still.......one Amendment at a time, the words to our Constitution seem to have lost any meaning.  Sadness.

Bugbears.........................................

"Mankind are an incorrigible race. Give them but bugbears and idols - it is all that they ask;  the distinctions of right and wrong, of truth and falsehood, of good and evil, are worse than indifferent to them."
-William Hazlitt



















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Opening paragraphs.................................

Over the past few centuries, two transformations - one scientific, the other democratic - have altered the thinking and the well being of the human species.  The scientific revolution is still gathering momentum, but has already revealed more about the universe than had been learned in all prior history, while the technological applications of scientific knowledge have rescued billions from poverty, ignorance, fear, and an early grave.  The democratic revolution has spread freedom and equal rights to nearly half the world's inhabitants, making democracy the preference of informed peoples everywhere.
-Timothy Ferris,  The Science of Liberty:  Democracy, Reason, and the Laws of Nature

Fifty years ago....................................

Walt Disney........................The Sword in the Stone

 

33 Guidelines for investing in real estate............

Guideline #2:  Know why:  a twofer.

Know why you are investing - Part 1

Investing for cash flow looks different than investing for capital appreciation.

Know why you are investing - Part 2

Investing is a long term thing.  It takes time to be a successful investor.  It takes discipline to keep at it.  Not every day is a fun day.  Making the decision to defer on immediate gratification in exchange for future financial independence requires some internal fortitude.  But, as Jim Rohn, one of my early teachers, said, "If you have enough reasons you can do the most incredible things."  

Do you have good reasons to invest for the future?  If not, find some soon.  It makes it all easier.

Just another list that I'm not on..............

............40 websites that will make you cleverer right now.

Wednesday, July 17, 2013

Today's dose of Whose Line......................

Looking nice............................................

9 minutes and 37 seconds of the J. Geils Band live.  Feel the power.

 

Acknowledging of course that normalacy is merely the psychosis of the majority.............................

News you don't need:  the top five most bizarre mental illnesses

Fifty years ago.............................

Susannah York/Albert Finney......................Tom Jones

 

Opening paragraphs.............................................

Like an earthquake, the stock market crash of October, 1929 cracked startlingly across the United States, the herald of a crisis that was to shake the American way of life to its foundations.  The events of the ensuing decade opened a fissure across the landscape of American history no less gaping that that opened by the volley on Lexington Common in April 1775 or by the bombardment of Sumter on another April four score and six years later.
-David M. Kennedy,  Freedom From Fear:  The American People in Depression and War, 1929-1945

33 guidelines for investing in real estate.......

Guideline #1:  Do it.

"I found the road to wealth when I decided that a part of all I earned was mine to keep."  So says Arkad, the hero of George Clason's classic book, The Richest Man in Babylon.

The idea is that out of any paycheck or income stream we must first set aside a percentage for savings and investing, then we can spend what is left.  If we do it the other way and spend first, there will never be any money left for savings and investing.  Something about human nature.  Something about discipline.

Most of our economic troubles in this country would soon disappear if reading and understanding the principles of The Richest Man in Babylon was a requirement for high school graduation.  Do yourself a favor - read this small tome once a year.

To summarize Guideline #1 for investing - just do it.

Editor's Note:  The 33 guidelines first showed up, in no particular order, on this blog more than three years ago.  Seemed like a fine time to re-play them, this time in order.

A rule of thumb............................

..................from Ben Casnocha:

".....if you want to identify the most senior, knowledgeable people in an audience, look for the people who are taking notes and asking questions."

For a more complete understanding of his point, read this.

Tuesday, July 16, 2013

Rumor has it................................

..................that Whose Line has returned to TV

 

Obsession.................................

Janis Joplin....................................................Summertime

 

I love the heat, if only because I can post this song - again.  Enjoy!

Sure is.................................






















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Keeping cool..............................




thanks Ann (please be sure to heed her warnings)

Absorbed............................................

The ordinary surroundings of life which are esteemed by men (as their actions testify) to be the highest good, may be classed under the three heads — Riches, Fame, and the Pleasures of Sense: with these three the mind is so absorbed that it has little power to reflect on any different good."
-Baruch Spinoza





















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