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Monday, September 30, 2013

Twain to write again about OKOA's again!

Mark Twain’s Top 9 Tips for Living a Kick-Ass Life“It’s no wonder that truth is stranger than fiction. Fiction has to make sense.”
“Let us live so that when we come to die even the undertaker will be sorry.”
“When your friends begin to flatter you on how young you look, it’s a sure sign you’re getting old.”
You may know Mark Twain for some of his very popular books like Adventures of Huckleberry Finn and The Adventures of Tom Sawyer. He was a writer and also a humorist, satirist and lecturer. Twain is known for his many – and often funny – quotes. Here are a few of my Nine favorite tips from and of him, as one of my own Hero's in life.

1. Approve of yourself.
“A man cannot be comfortable without his own approval.”
If you don’t approve of yourself, of your behavior and actions then you’ll probably walk around most of the day with a sort of uncomfortable feeling. If you, on the other hand, approve of yourself then you tend to become relaxed and gain inner freedom to do more of what you really want.
This can, in a related way, be a big obstacle in personal growth. You may have all the right tools to grow in some way but you feel an inner resistance. You can’t get there.
What you may be bumping into there are success barriers. You are putting up barriers in your own mind of what you may or may not deserve. Or barriers that tell you what you are capable of. They might tell you that you aren't really that kind of person that could this thing that you’re attempting.
Or if you make some headway in the direction you want to go you may start to sabotage for yourself. To keep yourself in a place that is familiar for you.
So you need give yourself approval and allow yourself to be who you want to be. Not look for the approval from others. But from yourself. To dissolve that inner barrier or let go of that self-sabotaging tendency. This is no easy task and it can take time.

2. Your limitations may just be in your mind.
“Age is an issue of mind over matter. If you don’t mind, it doesn't matter.”
So many limitations are mostly in our minds. We may for instance think that people will disapprove because we are too tall, too old or balding. But these things mostly matter when you think they matter. Because you become self-conscious and worried about what people may think.
And people pick up on that and may react in negative ways. Or you may interpret anything they do as a negative reaction because you are so fearful of a bad reaction and so focused inward on yourself.
If you, on the other hand, don’t mind then people tend to not mind that much either. And if you don’t mind then you won’t let that part of yourself become a self-imposed roadblock in your life.
It is, for instance, seldom too late to do what you want to do.

3. Lighten up and have some fun.
“Humor is mankind’s greatest blessing.”
“Against the assault of laughter nothing can stand.”
Humor and laughter are amazing tools. They can turn any serious situation into something to laugh about. They can lighten the mood just about anywhere.
And a lighter mood is often a better space to work in because now your body and mind isn’t filled to the brim with negative emotions. When you are more light-hearted and relaxed then the solution to a situation is often easier to both come up with and implement. 

4. Let go of anger.
“Anger is an acid that can do more harm to the vessel in which it is stored than to anything on which it is poured.”
Anger is most of the time pretty pointless. It can cause situations to get out of hand. And from a selfish perspective it often more hurtful for the one being angry then the person s/he’s angry at.
So even if you feel angry at someone for days recognize that you are mostly just hurting yourself. The other person may not even be aware that you are angry at him or her. So either talking to the person and resolving the conflict or letting go of anger as quickly as possible are pretty good tips to make your life more pleasurable.

5. Release yourself from entitlement.
“Don’t go around saying the world owes you a living. The world owes you nothing.It was here first.”
When you are young your mom and dad may give a lot of things. As you grow older you may have a sort of entitlement. You may feel like the world should just give you what you want or that it owes you something.
This belief can cause a lot of anger and frustration in your life. Because the world may not give you what expect it to. On the other hand, this can be liberating too. You realize that it is up to you to shape your own life and for you to work towards what you want. You are not a kid anymore, waiting for your parents or the world to give you something.
You are in the driver’s seat now. And you can go pretty much wherever you want.

6. If you’re taking a different path, prepare for reactions.


A person with a new idea is a crank until the idea succeeds.”
I think this has quite a bit of relevance to self-improvement.
If you start to change or do something different than you usually do then people may react in different ways. Some may be happy for you. Some may be indifferent. Some may be puzzled or react in negative and discouraging ways.
Much of these reactions are probably not so much about you but about the person who said it and his/her life. How they feel about themselves is coming through in the words they use and judgments they make.
And that’s OK. I think it’s pretty likely that they won’t react as negatively as you may imagine. Or they will probably at least go back to focusing on their own challenges pretty soon. So what other people may say and think and letting that hold you back is probably just fantasy and barrier you build in your mind.
You may find that when you finally cross that inner threshold you created then people around you may not shun you or go chasing after you with pitchforks.  They might just go: “OK”.

7. Keep your focus steadily on what you want.
“Drag your thoughts away from your troubles… by the ears, by the heels, or any other way you can manage it.”
What you focus your mind on greatly determines how things play out. You can focus on your problems and dwell in suffering and a victim mentality. Or you can focus on the positive in situation, what you can learn from that situation or just focus your mind on something entirely else.
It may be “normal” to dwell on problems and swim around in a sea of negativity. But that is a choice. And a thought habit. You may reflexively start to dwell on problems instead of refocusing your mind on something more useful. But you can also start to build a habit of learning to gain more and more control of where you put your focus.

8. Don’t focus so much on making yourself feel good.
“The best way to cheer yourself up is to try to cheer somebody else up.”
This may be a bit of a counter-intuitive tip. One of the best ways to feel good about yourself is to make someone else feel good or to help them in some way.
This is a great way to look at things to create an upward spiral of positivist and exchange of value between people. You help someone and both of you feel good. The person you helped feels inclined to give you a hand later on since people tend to want to reciprocate. And so the both of you are feeling good and helping each other.
Those positive feelings are contagious to other people and so you may end up making them feel good too. And the help you received from your friend may inspire you to go and help another friend. And so the upward spiral grows and continues.

9. Do what you want to do.
“Twenty years from now you will be more disappointed by the things that you didn't do than by the ones you did so. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails.
Explore. Dream. Discover.”
Awesome quote. And I really don’t have much to add to that one. I have come across it now three times in the last month or two. Well, maybe time to write it down and keep it as a daily reminder – on our fridge or bathroom door – of what you can actually do with your life, while still trying to find many Other Kinds Of Answers…

Tuesday, May 19, 2009

99 things OKOA

A friend and one of the blogs that I follow, had this cute list posted. As I read thru the list, I started to laugh. “When will I get to one that I have not yet done?” I wondered. I guess that it just proves that I’ve been around some time. And it not a bad idea to take stock in what one has done every now and then. This will allow you to check where you are at and what you still have to do yet in life.

And if this list is not of your liking, fine make your own, but make it now! Do not allow time to slip by in your life without a things-to-do list. A true list of dreams and goals in anyone’s life will always lead to great things and other kinds of answers…

To participate just copy the list as is and paste in your own blog,
and bold all of the things you have done.

01. Started your own blog
02.
Slept under the stars
03. Played in a band
04.
Visited Hawaii

05. Watched a meteor shower
06. Given more than you can afford to charity
07.
Been to Disneyland

08.
Climbed a mountain
09.
Held a praying mantis

10. Sang a solo
11. Bungee jumped
12. Visited
Paris

13. Watched a lightning storm at sea
14.
Taught yourself an art from scratch
15. Adopted a child
16.
Had food poisoning
17. Walked to the top of the Statue of
Liberty

18. Grown your own vegetables
19. Seen the Mona Lisa in
France

20. Slept on an overnight train
21.
Had a pillow fight
22.
Hitch hiked
23. Taken a sick day when you're not ill
24.
Built a snow fort
25.
Held a lamb
26.
Gone skinny dipping
27. Ran a
Marathon

28. Ridden in a gondola in
Venice

29.
Seen a total eclipse
30.
Watched a sunrise or sunset
31.
Hit a home run
32. Been on a cruise
33. Seen
Niagara Falls
in person
34. Visited the birthplace of your ancestors
35. Seen an Amish community
36. Taught yourself a new language
37. Had enough money to be truly satisfied
38. Seen the
Leaning Tower of Pisa in person
39. Gone rock climbing




40. Seen Michelangelo's David
41.
Sung karaoke
42.
Seen Old Faithful
geyser erupt
43. Bought a stranger a meal at a restaurant
44. Visited
Africa

45.
Walked on a beach by moonlight
46.
Been transported in an ambulance
47.
Had your portrait painted
48.
Gone deep sea fishing
49. Seen the Sistine Chapel in person
50. Been to the top of the
Eiffel Tower in Paris

51.
Gone scuba diving or snorkeling
52.
Kissed in the rain.
53.
Played in the mud
54.
Gone to a drive-in theater
55. Been in a movie
56. Visited the
Great Wall of China

57.
Started a business
58. Taken a martial arts class
59. Visited
Russia

60.
Served at a soup kitchen
61. Sold Girl Scout Cookies
62.
Gone whale watching
63.
Got flowers for no reason
64.
Donated blood, platelets or plasma
65. Gone sky diving
66. Visited a Nazi Concentration Camp
67.
Bounced a check.
68. Flown in a helicopter
69. Saved a favorite childhood toy





70. Visited the Lincoln Memorial
71. Eaten Caviar
72.
Pieced a quilt
73. Stood in
Times Square

74. Toured the
Everglades

75.
Been fired from a job
76.
Seen the Changing of the Guards in London

77. Broken a bone
78.
Been on a speeding motorcycle
79. Seen the
Grand Canyon
in person
80. Published a book
81. Visited the
Vatican

82. Bought a brand new car.
83. Walked in
Jerusalem

84.
Had your picture in the newspaper
85.
Read the entire Bible
86. Visited the White House
87. Killed and prepared an animal for eating.
88.
Had chickenpox
89.
Saved someone's life.
90. Sat on a jury
91.
Met someone famous
92. Joined a book club
93.
Lost a loved one.
94.
Had a baby
95. Seen the
Alamo
in person
96. Swam in the Great Salt Lake
97. Been involved in a law suit
98.
Owned a cell phone
99. Been stung by a bee


Well, got this entire list, but #37, 98 0ut of 99 is not too bad! But this is someone’s else’s list just comparing for fun, and you can bet that I going to add that last one to my own list on the wall of my office, and always keep looking for Other Kinds Of Answers… You do the same...

Sunday, May 10, 2009

“LILO’s” Other Kinds Of Answers…

As I hinted at very plainly in my last post, Inflationary Other Kinds Of Answers… It's time to stop crying over the spilled milk, kick the people out of the sandbox who did not play nice with others, Bury the Unions, for at last they have kicked in the cash bucket and let’s all watch Uncle Sammy’s Tea giving party even closer. A whole lot of folks getting my taxes as hand-outs that I do not think should. If I wanted to invest in them, I would have myself.

My OKOA Readers, our dear economy might seemed to be melting down like a pat of pure butter on a hot used car roof, but for some OKOA people — even you, maybe? — This is a very very good thing indeed. It is time to dust off every OKOA that ever woke you up in the middle of the night. I have six good ideas that I’m pretty sure that have not been tried yet. I’m currently pushing them thru the starting phase, background checking and research… Stay tuned.

First, as always, this is just my opinion and these are actions I am currently doing, as you that read on will find out about! I have been watching and paying close attention for the last number of years, always looking for my other kinds of answers. Not all the answers are of only the Knowledge and wisdom kind that I am looking for. Financial and business OKOA’s are worth looking for also.

What is a “LILO’s”…?

Here is the skinny why and how. At no other time in recent history has it been easier or cheaper to start a new company, maybe even a very profitable company over night, so to speak. We’ll call this type of start-ups “LILO’s”, for “little in, lot out." These are Web-based businesses that cost almost nothing to get off the ground yet can turn into great moneymakers. This only if you work hard, mind your own business and are uncomplaining but know when & how to Twit out about your idea and about the .biz there from.

How do you get started? All that's required is a great idea for a product that will fill a need in today’s 21st century. These days you'd do best if your idea either makes people money safely or saves them money surely. It really needs to work at a level that anyone can understand and use, if you really want it to rocket. Do check that any idea and name there of are clear every way that you can. In other words make sure that they are yours, and make them yours legally.

I first pushed my ideas past a group of “25ish” old friends that are open to this kind of thinking, and do even read this blog. I really can get them all going when the old guy looks over their code-du-jour, and points out errors. Yea, this old guy can read code, and has even come up with a few OKOA things that the friends have liked. That and he shows up with good bagels and Jolt for everybody now and then.

Why these friends as a sounding block, well, they are all of the right age and are code-eaters, and they have one or two LILO sites just starting to get off the ground themselves. Learn from the do-ers and share what you have picked too! That keeps all the costs down and folks living life.

As for their revenue incoming, they just have sold the first site based ad, for the low three figures a month. But it's a foundation: "We've already reached ramen profitability." The main math here: they spend about $100 a month on server space fees and other minor expenses. And they have a start-up company that is up and going! And more important, true cash inflow other kinds of answers…!

True Noodleconomics

The term ramen profitable is coined by Paul Graham, a Silicon Valley start-up investor, essayist and muse to LILO entrepreneurs. It means that your start-up is self-sustaining and can eke out enough profit to keep you alive on instant noodles while your business idea gains traction.

"At this point, it would be hard for companies to get any cheaper," he is quoted. Since everyone already has an Internet-connected device somewhere in their lives, "it's gotten to the point that you can't detect the cost of a company when added to a person's living expenses. A real world company is no more expensive than a semi-full time hobby these days."

Will your idea be the next Facebook? The next Blogger, Digg or Twitter? Who knows? It almost goes without saying that many more start-ups fail than succeed. "The biggest problem facing any website biz is words of mouth distribution." In a world where it's so easy to start a company, how can anyone find yours? Only if a friend shares it with you, out of love, heed or need.

But here again, a bad economy is the LILO's friend. It is easy to say, "The cost of failure is cheap. It's even so low, you can afford to swing the bat way more times." In our bad economy, no one really notices or cares about more failure. Everyone fails at something or somehow, and those that keep trying will make it. That creates a safer and better environment for risk-taking, which is the only way true innovation can occur.

And while not many folks could get hurt from a total failure that you can walk away from. At the same time, launching in a bad economy imposes it own kind of disciplines, forcing entrepreneurs to keep costs low and be smart about marketing and distribution. You can even say it should keep them always looking for other kinds of answers…

 

Wednesday, April 22, 2009

Inflationary Other Kinds Of Answers…

If you watch the news daily, you’d think that our economy was in un-recoverable shambles, that our financial worlds are ending and all investors should stay away from windows in tall buildings. Even to the point that we all should be buying only food, fuel, ammo and toilet paper preparing for the hostility at the end times. 

I do not think it is that bad quite yet… As Seasoned Human that has seen times like this before, I think that saving all of your money is a BIG mistake right now.

First, this is just my opinion and these are actions I am currently doing, as the deals right now are better then they have been in years! I have been watching and paying close attention for the last number of years, always looking for my other kinds of answers. Not all the answers are of only the Knowledge and wisdom kind that I am looking for. Financial other kinds of answers are worth looking for also.

I now believe our situation, as a whole, seems dire enough now and First, Yes, an emergency fund is a requirement for any sound financial planning effort and I do have mine in place. But saving every last penny is the last thing you should be doing right now! It is the time to buy the things that you’ve been putting off because every signal out there is telling you to save everything.

The laws of supply and demand are in our favor because very few folks are buying, which means the people who are, will be getting incredible deals, if they are willing to negotiate and put in the time for research, exploring and planning. This goes for minor cost items like simple tools and supplies of life or business, all the way to major capitol Items, such as second homes, rentals and whole businesses.

With no one spending their money, because they’re saving or holding… this means banks won’t be giving you great interest rates because they don’t have to, and they have too much money, or even too much bad debt! That’s only the beginning of this very large financial story…

Apparition of Inflation

The government seems pretty savvy; they know you’ll get upset if they raise the taxes without giving you a very very good reason. Fortunately they have another weapon, printing presses. When the government pumps more money into the money supply, the value of your dollars can decrease. The government has made trillions of dollars in promises to financial institutions, automakers, and many other smaller profile parties through its actions the last few months and it will have to fund them somehow.

Part of it will be funded by borrowing, but some of it will come through increasing the supply of money. Inflation won’t be an issue while we’re in a recession, but it’ll be a beast of a problem whenever we’re no longer scared of the recession. Be warned now and be thinking ahead for Other Kinds of Answers…

Negotiate Deals

The time to buy is when others are panicking. When you have the benefit of timing, you control all the power in periods of economic uncertainty. I’m not talking about just the stock markets, I’m talking about everything! If you wanted a house, now is the time to buy because interest rates are low and home prices are even lower. Heck, even the Government, Federal and State maybe willing to give tax breaks and grants, if you will move now.

If you wanted to make improvements to your house, start talking to contractors because their business is slow and they will be willing to cut deals just to stay in business. If you wanted a car, dealerships will offer great incentives because they need to boost their sales numbers. Even if it’s something as simple as an appliance, you can negotiate the price down and get an energy savings tax credit to boot!

And don’t buy things you don’t need just because they’re a deal, that’s reckless, buy only things you need and negotiate it down to the bare bone pricing. Watch out for hooks in the deal also, things that you have to do to get the GREAT Deal, or are added at the sale’s close…Required Install labor, shipping charges or more fees can eat up any great deal in a hurry

Bank like Banks Do

Ever received one of those offers in the mail that seems like the solution to all your problems? It may have said, "Your home is an untapped resource. Refinance your loan with us and you'll get quick cash to buy something, fund college, add to savings or pay off your debt." You may have been tempted by the idea, but hopefully you didn't bite. There are much better ways to solve problems with debt. Refinance your loan; in the long run could actually cost you much more money. Keep reading…

There is a newer option in the USA and Canada you may not have heard about. You should really consider a look at what can be found at www.aboutu1st.com and I know that everyone has to look at what is best for their own requirements, and this will not be a good fit for everyone. In full disclosure, my own family has been using this idea, and it is working very well, even enough for me to take the time to become an agent sharing the idea with others. And NO, it not a MLM!

Lower Interest Rate Doesn’t Always Equal Saving

First, make sure that you are really saving money if you do refinance. It’s not enough to compare 6% to 4.5%. What you need to do is determine how much interest you’ll be paying if you keep the original loan versus the total cost of the refinanced loan (i.e., interest plus closing cost). To do this correctly, you’ll need a good mortgage calculator. There are many worthy FREE ones on the web. For example, let’s assume your original $300,000 loan is a 30-year fixed rate loan at 6% and you’re refinancing to a 15-year fixed rate loan at 4.5%

Age of the original loan (years)

Interest remaining on old loan

Principal balance to refinance

Interest cost of new loan

Savings before closing costs and other fees

10

$180,620.08

$251,057.36

$94,645.79

$85,974

15

$110,611.51

$213,146.93

$80,353.74

$30,258

20

$53,828.02

$162,011.42

$61,076.08

($7,248)

As you can see from the scenarios above, you could lose money by refinancing to a lower interest rate. In general, it’s more advantageous to refinance newer loans than older ones, because most of your money goes toward paying interest at the beginning of most loans.

Interest Rates Are Low NOW

The federal funds target rate “range” is 0.00% to 0.25%, which means the government doesn’t want you to save, they want you to spend! The federal funds target rate is the target rate the Fed wants banks to lend to other banks on an overnight basis (to meet capital requirements). They achieve this rate by expanding or restricting the amount of money available. If a bank can borrow money from another bank for 0% - 0.25%, what incentive do they have to pay you anything for your savings? Almost none. The end result is that you get almost no interest from your savings, or bank investing, as another way to look at it.

Another quick point, you may even be able to get 18 to 36 month 0.0% financing right now on many items, so you do not have to spend your cash savings right now. Yes, in some cases, you do have to spend at least a certain minimum amount to get those deals, but in many cases, you can reach the minimum by buying two, three, or four items together. Just be sure that you understand all the details of the deal and all the fine print.

In other words, the government doesn’t want you to save your money; they want you to spend it and help boost the economy! And let’s be honest, unless you start spending, the government will only get worse in how it pumps more money into the system, or even has to manage everything by taking over everything.

Reward the Entrepreneurs

The United States was built on the shoulders of entrepreneurs; reward them by giving them your business. Don’t overpay for things because you feel badly about their financial situation, that’s not necessary, but spend your money at the places you like and the businesses you enjoy dealing with. They won’t close a sale unless it makes financial sense to them but they do need the sales. Giving them business will give them additional capital to work with and, if they’re doing well in the downturn, expand and add more available jobs to the system, thus more people out spending.

I firmly believe that the way out of this whole big mess is through business growth spurred on by something, whether its consumer confidence and increased spending or whatever that improves our infrastructure, it will be led by small businesses and entrepreneurs, with other kinds of answers.

Think carefully before you borrow money to do anything. When you borrow, you are guaranteed to lose the amount you pay toward interest. However, you are not always guaranteed a better return on investment on borrowed money. I know this article is heavy on mathematics, but I hope you will enjoy learning about the process and it is pretty clearly about Other Kinds Of Answers...