Showing posts with label online stock trading and investments. Show all posts
Showing posts with label online stock trading and investments. Show all posts

Wednesday, November 17, 2010

budgeting personal finances




Conduct a Financial Fire Drill to Assess Financial Health





We conduct fire drills to ensure fire warning systems are functional and that building occupants know what to do in the event of a fire-related emergency. Apply that same type of stress test to your money with a financial fire drill.

Photo by Steve Snodgrass.


Finance and frugality blog Frugal Dad urges us to take stock of our financial health by conducting a financial fire drill. Just like a real fire drill helps you run through a dangerous scenario without risk—"Who put the file cabinets in front of the fire exit?"—a financial fire drill shows you how effective your escape routes are and how big your safety net is.


You'll need to gather up all your bills, take stock of your savings and emergency fund, and head over the Frugal Dad to run through their financial fire drill checklist—which includes great tips like making a slash-and-burn list of non-essential services you can cancel the minute you get laid off or in other financial trouble.





Conduct a Financial Fire Drill to Assess Financial Health





We conduct fire drills to ensure fire warning systems are functional and that building occupants know what to do in the event of a fire-related emergency. Apply that same type of stress test to your money with a financial fire drill.

Photo by Steve Snodgrass.


Finance and frugality blog Frugal Dad urges us to take stock of our financial health by conducting a financial fire drill. Just like a real fire drill helps you run through a dangerous scenario without risk—"Who put the file cabinets in front of the fire exit?"—a financial fire drill shows you how effective your escape routes are and how big your safety net is.


You'll need to gather up all your bills, take stock of your savings and emergency fund, and head over the Frugal Dad to run through their financial fire drill checklist—which includes great tips like making a slash-and-burn list of non-essential services you can cancel the minute you get laid off or in other financial trouble.



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Eva Longoria Files for Divorce from Tony Parker | TMZ.com

MAKE TMZ MY HOMEPAGE; TMZ RSS/XML � iPHONE APP � ANDROID APP � TEXT ALERT � FACEBOOK � MYSPACE � TWITTER � YOUTUBE � TIPS � Sign In | Sign Up. HOT SEARCHES: Sebastian Bach | Princess Diana | Brittny Gastineau � TMZ AOL News ...

The Inevitable Taiwanese <b>News</b> Animation about the TSA&#39;s Touching <b>...</b>

Does anyone know if this animation, or any of these CGI clips from NMA.tv, actually appeared on TV news in Taiwan? Because their website seems more like it's mostly an online thing - I would love to see video of this actually being ...

<b>News</b> - Tixdaq

Foo Fighters have been confirmed to headline the final night at Isle Of Wight festival 2011.


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Eva Longoria Files for Divorce from Tony Parker | TMZ.com

MAKE TMZ MY HOMEPAGE; TMZ RSS/XML � iPHONE APP � ANDROID APP � TEXT ALERT � FACEBOOK � MYSPACE � TWITTER � YOUTUBE � TIPS � Sign In | Sign Up. HOT SEARCHES: Sebastian Bach | Princess Diana | Brittny Gastineau � TMZ AOL News ...

The Inevitable Taiwanese <b>News</b> Animation about the TSA&#39;s Touching <b>...</b>

Does anyone know if this animation, or any of these CGI clips from NMA.tv, actually appeared on TV news in Taiwan? Because their website seems more like it's mostly an online thing - I would love to see video of this actually being ...

<b>News</b> - Tixdaq

Foo Fighters have been confirmed to headline the final night at Isle Of Wight festival 2011.


Friday, September 24, 2010

managing your personal finance


A lot of people are unemployed in this country, 14.9 million as of the latest BLS release a couple of days ago, and for some of those people, this has become what is coyly referred to as ‘the entrepreneurial moment’, the ‘ah-ha’ light-bulb realization that if they don’t create a job for themselves, there will be no job, no income, no mortgage payment, no groceries, no light, no heat, no gas for the car, nuthin’. Since 2008, over 5 million jobs have been lost, many of which will never, ever come back.


Welcome to Labor Day, 2010.


Some of these ‘lost’ jobs have been outsourced overseas. Some have just been cut. Some companies are using their cash to invest in technologies which will insure that they will never have to hire these folks back, at least not with the skills that they had when they were given a cardboard box and five minutes to empty their desks and get out the front door.


If there are people out there who have or are considering building their own ‘life raft’ it would surprise absolutely no one; though for some folks, entrepreneurship is so scary, they can’t imagine anything other than hiring on to someone else’s deal, no matter how horrible it is.


Sometimes, though, you don’t have any choice. One thing to remember, is that many of the most successful entrepreneurs in this country have not invented fuel cells, high tech photovoltaic films, high speed transit, a cure for cancer (or the common cold), or the answer for peace in our time. They are cleaning houses, making pizza, fixing computers/ipods/iphones/cars/furnaces/plumbing/household electric, managing other people’s systems, giving advice, making clothing for people who are outside the common size ranges in the stores.


Not exactly operating a basement boiler room financial situation, doing crazy financial stuff, or stirring up the pot on international finance.


At its most basic, it’s local; at its most interesting, it might even be regional. But it is still person to person; it’s still me doing business with you. Face to face. My hands and brain doing stuff to help you. Some of this is amazingly low tech – some of it is almost medieval.


This week’s fascinating story comes from the New York Times about a family of knife sharpeners who have thrown a new curve on this ancient of trades by providing two sets of knives to butchers, restaurants, food services (in Yankee Stadium, for heaven’s sake), and calling on a weekly basis to pick up the used set and providing the newly sharpened set.


Anyone who does any real work in a kitchen at all knows that your most important tools are a good set of knives and a good frying and sauce pan. With those three things, you can do almost anything (and yes, I have made cookies in the bottom of a frying pan; thank you for asking), but if your knives are dull, cutting anything becomes horrible work and you can injure yourself badly. “Every week, the company visits more than 800 clients and collects more than 8,000 knives to be replaced with freshly sharpened blades. The service costs $2.50 to $3.50 per knife.


The business started servicing mainly butchers and meatpackers, in territories handed down from father to son. To preserve the business for his children, Mr. Ambrosi expanded it to restaurants and even Yankee Stadium, in some cases deviating from long-held tradition. Many cooks and chefs take personal pride in their knives and their ability to maintain them, and would hesitate to release them to anyone else’s care. But sharpening a knife takes time and skill — and not every chef has both.”


Having a skill and honing (sorry) that so that you can provide something that someone else can not (or will not) do, whether it is being an electrician, a plumber, a welder, a knife sharpener, a shoe repair shop, a hair dresser, whatever it is – can make the difference in today’s international economy between being able to make a living for your family and holding your head in your hands. One of America’s biggest mistakes as far as education is concerned (and others might just argue with me) is that we “jumped the shark” in terms of absorbing people coming out of colleges.


Since the 1980s, kids coming out of college have had fewer and lower level opportunities. Jobs which absorbed high schoolers, now require a 2 or 4 year degree; job that required a college degree started to require a masters degree; some jobs which required a college degree and some internal training, now require advanced degrees – I even know of jobs that now require a legal degree to be hired which 30 years ago required a college degree and passing a test. So much emphasis was placed on going to college – and vocational training and the trades were so downgraded and derided that any family with a kid with two brain cells to rub together would not even THINK of encouraging that kid to go into the trades, unless the family was already in the business.


We’re now at a situation where companies, which shot themselves in the foot by sending skilled jobs overseas and now want to bring them back because costs overseas have risen and/or they are tired of their intellectual property being stolen and sold to others, can’t find the skills they want. Not to put too fine a point on this – those same companies have not done any training themselves; nor are they willing to do so. They got into the habit a long time ago of pushing the investment in training off on others. The government for one.


The other, which has willingly and consistently provided training in the trades for years are the unions. Organized labor. The Great Satan of the industrial world. The guys everyone loves to hate. The organizations which, according to many employers, stand in their way of succeeding in business.


But still, the organization which has kept skills alive in this country despite outsourcing, overseas sourcing, attacks from business and government, and general antipathy from great swaths of the American population in certain parts of the country.


So. On this frankly very sad Labor Day, 2010, I’d like to thank the American Labor Movement for remembering what America and Americans do best and what we need to do on an increasing basis if we are to put people back to work – or if we are to have businesses to call our own: Do stuff with our hands.


Thanks folks. You’re not perfection, but you’re willing to invest in Americans.


Happy Labor Day





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managing personal finances





Are you a fan of the GTD personal productivity system? Well if you like "Getting Things Done," here's GFD, Getting Finances Done, which shows you how to map David Allen's same principals to managing your personal finance and achieving your financial goals.



Applying GTD principles to your personal finances - Part 1 [Getting Finances Done]










Are you a fan of the GTD personal productivity system? Well if you like "Getting Things Done," here's GFD, Getting Finances Done, which shows you how to map David Allen's same principals to managing your personal finance and achieving your financial goals.



Applying GTD principles to your personal finances - Part 1 [Getting Finances Done]








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Saturday, September 18, 2010

how to budget personal finances




Events of the last week have made the Deficit Commission an embarrassment. Co-Chair Alan Simpson is a one-man disaster movie, compulsively offending one key voting bloc after another. Commission member Paul Ryan faced an angry crowd over his anti-Social Security stance, while another Commissioner locked experienced workers out of a nuclear facility rather than provide retirement benefits.


That's right: He's cutting retirement benefits.


But if the political blowback is obvious, here's what isn't: The Commissioners who are determined to cut your Social Security benefits are going to enjoy their own retirements in comfort. Their own pension plans insulate them from the fears that many other Americans face, and they don't have the professional expertise that would help them understand those concerns. In fact, the Commission's only expert on retirement is Rep. Jan Schakowsky, and she apparently opposes benefit cuts. The rest of the Commission is dominated by people who've expressed their desire to cut Social Security, despite their own secure futures. Millions of working Americans who have contributed to Social Security all their lives will lose out if these Commissioners have their way.


Happy Labor Day.


Normally I consider it off-limits to discuss people's personal finances when discussing their political opinions. But these Commissioners' lack of subject matter expertise, along with their lack of empathy, is important. If you don't know much about the topic and are protected from the problem, what makes you credible? Their pre-established prejudices makes the situation even worse, and their own situations underscore the irony of their self-professed willingness to make "brave choices" - choices whose consequences will mean little or nothing to them.


The Commission's Social Security obsession is odd anyway, since the projected Social Security shortfall comes out to only 0.7% of GDP. Nevertheless, these Commissioners have made their benefit-cutting intentions plain, presumably because they want to offer up America's seniors as a sacrifice to the bond markets. So how will these would-be income-slashers for the elderly make out in their own golden years? They'll be golden.


Consider Commissioner Alice Rivlin. Rivlin co-authored a paper that called for raising the retirement age and other benefit cuts, and recently released a specious paper about "Saving Social Security." As a former HEW Undersecretary, CBO Director, White House Budget Director, and Federal Reserve Vice Chair, she will presumably enjoy a comfortable retirement supported by multiple public pensions. Says Rivlin: ""We can't get out of this problem without doing both spending cuts, especially slowing the growth of entitlement, and tax increases."


Experts on Social Security finance (including the long-time Chief Actuary for the program) flatly disagree with Rivlin, pointing out that an adjustment to the payroll tax cap would unquestionably be enough to get the job done. They have the numbers to prove it. So why does Rivlin, who does not have their expertise in this area, disagree? Go ask Alice.


Co-Chair Erskine Bowles brokered a deal with Newt Gingrich to cut Social Security in the 1990s, when he served as Bill Clinton's Chief of Staff. Before that he headed the Small Business Administration, so his government tenure presumably qualifies him for a Federal pension. If not, don't worry: He receives $425,000 per year in his current job running the public universities of North Carolina, and the people of North Carolina are presumably also funding a pension on his behalf. To his credit, Bowles pledged to donate $125,000 of his salary for need-based student funds - but then, he can afford it. As the son of a US Congressman, Bowles had the education and connections needed to make millions as an investment banker. The added income he earns today as a Board member for General Motors and Morgan Stanley will help, too - and his government experience undoubtedly helped him win those positions, too.


Republican Rep. Paul Ryan, an aggressive advocate of Social Security cuts and privatization, will also enjoy his sunset years in comfort, thanks to a publicly-funded pension from his tenure as a Congressman. (He'll presumably earn even more as a result of his employment as an aide to two United States Senators.) Rep. Jeb Hensaerling has served as both a Representative and as an aide to Sen. Phil Gramm, so he should be safe from financial insecurity in his old age too .


The average annual pension payments for former members of Congress ranged from $41,000 to $55,000 in 2002, considerably more than the average $13,836 that Social Security recipients received in 2009. Yet neither Ryan nor Hensaerling have proposed cutting Congressional retirement benefits - nor should they. Sound pension plans like theirs were once available to most working Americans, and more effort should be made to restore them.


Former SEIU President Andrew Stern, who once might have been counted on to defend Social Security, recently sneered at Commission critics as "assassins of change" while saying that "all entitlements should be on the table." Mr. Stern's annual pension is $152,000 - and he retired at the age of 59, not 70. Nevertheless, Stern now publicly muses about "whether defined benefit pensions can really exist in the long run in a globalized economy."


Judd Gregg, who wants to raise the retirement age to 70, will receive a Federal pension for his Senate position. Gregg, like Alan Simpson, is the son of a Governor (self-made men, you might say), which means that public pensions also ensured that neither of them had to worry about supporting their aged parents. Tom Coburn, another would-be Social Security cutter, will receive a Congressional and Senatorial pension too.


David Cote, the CEO of Honeywell, provides some "private enterprise" perspective to the Commission's work. But Cote's wealth comes in part from Honeywell's government contracts, which exceed $4 billion annually. What's more, Cote's "free enterprise" ethic didn't stop him from making sure that Honeywell grabbed a few million in stimulus money from the taxpayers, too. A few billion from the Pentagon here, a few million more from Uncle Sam there - that'll plump up the nest egg a little for Mr. Cote's sunset years.


Cote made the headlines this week when Honeywell locked out the union workers at a nuclear power plant over a labor dispute - even though the workers agreed to stay on the job to protect public safety. Instead, Cote hired replacements and put them through a pared-down training process. The image of Homer Simpson comes to mind, pushing the wrong buttons and spilling beer on the reactor console - which would presumably make Cote Mr. Burns.


But it's no joking matter. Apparently there's real danger, which is why the Nuclear Regulatory Commission reportedly stepped in to block Honeywell from distilling uranium with its crew of replacement workers And what are the union and Honeywell arguing about? Honeywell's raising health care costs - and eliminating retiree pension plans for new workers.


That's right. A member of the Commission that's pretending to judge our retirement security with impartiality would rather have hastily-trained amateurs handle nuclear materials than bargain openly with his workers - about their retirement. D'oh!


As for Simpson (Alan, not Bart), to say that he suffers from "political Tourette's syndrome" would be a disservice to Tourette's sufferers. Most of them don't really say socially objectionable things, and those who do (it's called "coprolalia") don't mean what they say. But Simpson does. By attacking senior citizens as "greedy geezers," then offending women with his "milk cow with 100 million tits" comment, and now offending veterans' groups, Simpson has now hit the voting bloc trifecta.


And Cote's outraged labor, a fourth group. But the problem isn't Simpson anymore, or Cote for that matter. It's the Commission itself. The coprolalic curmudgeon Simpson has done a service to the nation. He's drawn attention to the Commission, and to the anti-Social Security biases held by so many of its members - all of whom will retire in comfort, thanks to those whose benefits they would cut. It's the comfortable afflicting the afflicted.


If these Deficit Commission members want their recommendations to have any credibility, they should pledge to live on the same Social Security benefits that they would impose for other Americans. Better yet, they should dedicate themselves to helping provide every American with the kind of retirement security they enjoy. That was part of the social contract this nation embraced during its years of greatest economic growth, the fulfillment of a promise that a lifetime of work should never end with years of deprivation. They should be working to restore that contract, not erode it even further.


One thing is clear: This Commission has no business making recommendations about Social Security.


(Sign a petition asking Congress and the President to protect Social Security from the Deficit Commission. Roger Hickey has more here.)


Additional links:


* Sam Seder and I discussed Social Security this week while co-hosting The Young Turks.


* For further reference on the Commission's members and their biases, see Firedoglake and Talking Points Memo.


* House Democrats are vowing to protect Social Security from any cuts. The polls show why that's a very wise idea.



I am a 25 year old college student (school, job + savings, back to school… long story) and boy do I wish I knew about all the resources available to me back then. Good for you for starting early!


Lucky for me I have 1 parent (divorced) who is so bad with money that I have been scared into financial responsibility from a young age. Was I perfect? Hahaha.. but I am doing better than 95% of my friends are right now so I guess I am doing something right?


Here is my advice:


1. GET A JOB! - 2 shifts a week is all it takes. I have friends who just graduated from college without ever having a job. Result? No work experience so nowhere will hire them. Some had problems even getting an internship! Try for customer service jobs. Employers value people skills more than flipping burgers.


2. BUDGET! - Cant teach an old dog new tricks so it is best to start young. Add up your monthly expenses such as rent/insurance/cell/gas/etc and divide by 2 or 4 (depending on weekly/bi-weekly payday). Put this money in savings and no touchy! Once you can live on that budget a certain % for an emergency fund and then % for savings. The rest is your “fun” money. As others have said: pizza, ipods, and clothes are “fun money” and NOT emergencies!


3. DEBIT, CREDIT, or CASH?


DEBIT- I am a die hard debit card user. My credit union has detailed (free) online banking. I check my online bank statement in the morning and at night and go over my spending. Think of it as an instant virtual slap in the face about your spending habits. It hurts for the best.


CASH - Some people just cant be responsible enough to respect the plastic and do better with cash. Try and keep bigger bills on you. Breaking a $5 is less mentally painful than breaking a $20. $1s are dangerous. That can of coke is “only $1″. $7 a week, $30 a month. It adds up.


CREDIT - Many say don’t get a credit card, but I disagree. If you are responsible college is a great time to build credit (unless you have some serious control issues… if that is the case, these are not the droids you are looking for…). Not building credit early is the BIGGEST regret I have. Good credit means better rates when buying a house or a car. Do your research first. Consider a student, or if you have to a secured card.


More about credit-


*Do NOT apply for a credit card on campus. It is like selling your soul for a candy bar. Every time you apply for a credit card they run a credit check, which “pings” you. Too many pings hurts your credit score. Not good. Friend did that at every kiosk that offered something free to sign up when she was 20. This was 7 years ago and her credit is still recovering! The same is true for store credit cards. Do.Not.WANT!

*Pick a required expense, such as gas or cell phone bill and put it on the credit card. Pay off the card at the end of each month. Repeat.

*Do NOT use your credit card to buy “fun money” purchases. No clothes, no ipods, no pizza. This is why you have your debit card of cash. Don’t even think about it mr.!


4. EATING/DRINKING - This is going to be the weird random one from one young person to another.(Part of this only applies to you on/after your 21st birthday!) The young person’s life revolves around being social. For a 20 something this normally involves dinner and/or drinks with friends. It is expensive! So much money can be saved if you plan ahead!


*Eating - Going out to eat is a much needed social experience but NEVER go out to eat starving! Just like you don’t go shopping when you are hungry you never want to experience the whole “eyes bigger than stomach” thing while dining out. Have a snack an hour or so before you meet friends for dinner. This will help you avoid ordering that $8 appetizer! Also, try and order things that reheat or are good cold. LEFTOVERS! Also, water is free. It is good for you! Coke is $3. Go buy yourself a 12 pack and have one when you get home.


*Drinking - Most 20 somethings drink. It is a very expensive part of our lives. It is a social event to help us forget about school and work. We like bars. Unfortunately $5 for a beer is highway robbery! NEVER go to a bar completely sober (when you are 21+ & no drinky + drivey!). Have a drink or 2 at home and then have a beer at the bar. You will save TONS. Also, bring cash to a bar. Only bring as much cash as your sober self would like to spend. Alcohol impairs judgment. Sober you will thank drunk you for not spending. Drunk you will thank sober you for being smart enough to make sure you can afford the advil to take care of that hangover the next day. It is a win win.


Put all that saved food and drink money towards something that will last.


5. BOOKS - Buy used whenever possible. Check online first because campus stores are normally a ripoff. Try and sell the books back online, even if they have released a new edition. Most student book stores on campus will only give you 1/2 of what someone online will be willing to give you!


6. CARS - Buy used and reliable, but not “cheap”. New cars lose tons of value when you drive them off the lot. Don’t buy a “cheap” used car on it’s last leg. Think Goldilocks - not too new, not too old, juuusssttt right! Save up as much money as possible. Pay for it in cash if you can. If not, save up at least 2/3 before purchasing and do your homework!


And whatever you do: AVOID parking tickets, speeding tickets, registration fines.. may as well light the money on fire! Or if you do not want it I will give it a nice home and save you the trouble.




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Russell Brand allegedly attacks a photographer: here Kim Kardashian's body worries: here Justin Bieber's love for him mom: here 201009.

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Tuesday, September 14, 2010

budgeting personal finances




Use Prepaid Travel Cards to Budget Travel Expenses





Vacation is a time to let loose and have a little fun. It's all too easy, however, to let having a little fun turn into spending way too much. Use prepaid travel cards to keep spending contained, secure, and in budget.

Photo by eliazar.


Finance and frugality blog WiseBread shares a set of tips on using prepaid travel cards for safe, secure, and budget-friendly travel spending.



A prepaid travel card is generally usable in the place of a debit or credit card. You can withdraw cash at an ATM, pay for purchases, and make travel reservations. And as the name suggests, you prepay these expenses by loading money onto the card.


It is just as secure as a debit or credit card, since the prepaid travel card is protected by a PIN and/or signature. In fact, some would say that prepaid travel cards are even more secure, since the money is not linked to your bank account and has a limited balance (which limits your exposure).


It can also be a handy tool for budgeting, since you would load only the money you plan on spending for the trip onto the card, which helps you stick to your travel budget.



Check out the full article at the link below for additional tips and tricks including what to look for when shopping for a card like avoiding cards with a cash-out fee. Have your own tips for keeping your money secure and sticking to a budget while traveling? Let's hear about it in the comments.





  • Average gas prices--September 13, 2010



  • You voted: letter grades edge ahead in fuel economy poll



  • For rent: 4.5 billion-year-old ball of fire



  • What Obama's transportation proposals mean for travelers



  • TomTom provides update for XL 350, XXL 550, and XL 335 GPS devices



  • Cash for appliances: Rebates aplenty in states big and small



  • Apple curtails its free case program for the iPhone 4



  • Daily Dispatch: Death of the RSS reader?; Toronto produces entertaining video to promote e-waste recycling



  • September could be Home Star’s month—or not



  • LG's 60PX950, the first THX 3D plasma, headed to the CR Test labs!





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Olympus E-5 professional DSLR announced and previewed: Digital <b>...</b>

Olympus E-5 professional DSLR announced and previewed: Olympus has announced the E-5 professional DSLR, replacing the E-3. Almost three years after launching its predecessor, the company has refreshed its professional flagship to ...

Fox <b>News</b> | Media Matters Ad | Million Dollar Donation to GOP <b>...</b>

In what can only be called a less-than-thrilling dénouement to a sophomoric back and forth between media outlet and watchdog, Fox News will be airing a Media Matters spot that informs the audience of the $1 Million donation by FNC's ...

About Those Fox <b>News</b> Polls

The new set of Fox News surveys that we highlighted earlier were actually conducted by Pulse Opinion Research, which is a new venture from pollster Scott Rasmussen which "will allow anyone willing to pay $600 to go to the website, ...



The Cost of Gasoline by hidayat_peje7


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Olympus E-5 professional DSLR announced and previewed: Digital <b>...</b>

Olympus E-5 professional DSLR announced and previewed: Olympus has announced the E-5 professional DSLR, replacing the E-3. Almost three years after launching its predecessor, the company has refreshed its professional flagship to ...

Fox <b>News</b> | Media Matters Ad | Million Dollar Donation to GOP <b>...</b>

In what can only be called a less-than-thrilling dénouement to a sophomoric back and forth between media outlet and watchdog, Fox News will be airing a Media Matters spot that informs the audience of the $1 Million donation by FNC's ...

About Those Fox <b>News</b> Polls

The new set of Fox News surveys that we highlighted earlier were actually conducted by Pulse Opinion Research, which is a new venture from pollster Scott Rasmussen which "will allow anyone willing to pay $600 to go to the website, ...


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The Cost of Gasoline by hidayat_peje7































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People often ask me about the secret to this blog’s success. “How did you get so many readers?” they ask. “How can I do the same?”


My answer is similar to Anderson’s. There aren’t any secrets. Write and post great content on a regular basis for a long, long time. In short, you can’t just talk about building a great blog; you also have to put in the work. Simple, right? But it’s not easy.


(I appreciate the folks who come up to me and say, “You know, J.D., I don’t know how you do it. I tried to keep a blog for a few months. It was hard.” Yes, it is. It’s work, just like anything else.)


If there’s something you want to be or do, the best way to become that thing is to actually take steps toward it, to move in that direction. Don’t just talk about it, but do something. It doesn’t have to be a big thing. Just take a small step in the right direction every single day.


If you want to get out of debt, take small steps toward becoming debt-free. If you want to save for a trip to Africa, save a little bit at a time. If you want to get a new job, make moves in that direction. But take action. That’s the most important step.


Action Not Words

Of course, there’s more to getting stuff than just taking action. It’s one thing to say you want to become a commercial airline pilot and another to actually do it. Here are some of the things I learned as I made the move from Talker do Doer:



  • Make time for the things you want to do. One of the keys to getting things done is setting aside time for the things you want to accomplish. You have to make time to get stuff done. As the Kevin J. Anderson article I mentioned above demonstrates, you don’t just become a best-selling author or an Olympic athlete. Talking doesn’t make it so. You have to carve out time to do this stuff. You have to put your Big Rocks first and fit the small stuff in around them.


  • Have a goal in mind. I truly believe that the biggest reason I used to struggle with getting stuff done is that I didn’t have any sort of plan. I had no goals. Goals give you purpose. It wasn’t until I became committed to digging out of debt that I was able to actually start moving in the right direction. Part of my current problem is that I’ve recently achieved a bunch of big goals, but now have nothing planned for the future.


  • Don’t take on too much. While it’s important to set goals, don’t take on too many tasks at once. I try to set just one or two major goals at a time. Any more and I find I can’t pursue any of them effectively. This year, my one goal is to lose 50 pounds. I’m on pace to do that. Why? Because I don’t have anything else on my schedule competing for time. This is my Big Rock.


  • Don’t let failures deter you. This is huge. One of the reasons I used to talk so much without acting is that I was afraid of failure. I’m not sure where I learned to be afraid of defeat, but that’s the way I was. And when I did try something but failed, I’d give up. This is no way to get stuff done. Talkers let fear of failure keep them on the sideline; Doers overcome fear and move on, and when they fail, they simply try again.


  • Don’t find reasons that something can’t be done; instead, find ways that something can be done. This is a pet peeve of mine. I hate when people come to me for advice, but when I give it, they tell me all of the reasons it won’t work for their circumstances. (This often happens when I suggest people take a second job to boost their income, for example.) One of the biggest difference between successful people and those who aren’t is that the successful don’t make excuses. If something looks difficult or impossible, they find ways to make it happen anyhow.


In the past five years, I’ve learned that I can do anything I set my mind to. Get out of debt? After I stopped talking and started doing, I got out of debt quicker than I thought possible. Losing 50 pounds? Well, I’m not there yet, but I’ve lost over 30 pounds since January 1st — but it didn’t happen until I stopped talking about it and started working hard to make it happen. Learning French? Well, there’s one where my talk outpaces my action right now, and it’s a perfect example of what I mean when I say actions speak louder than words. I don’t study my French as much as I should, so basically all I can do is count and tell you what color my clothes are. (”J’ai deux chemise noir.”)


For five years, my doing slowly increased until this past winter it reached a frenzied pace. I was burning myself out. I was writing and speaking and working and exercising and…well, it seemed like I never had a spare moment. This was the dark side of doing, and it’s what triggered my desire to downshift. It’s what led the pendulum swinging too far in the direction of Starcraft II.


Finding a Solution

So what’s the solution to my current problem? How can I stop playing computer games so much? How can I stop just being a Talker and become a Doer again? Well, making this public confession is a first step. But the thing that I think will really help is the “decision tree” I came up with the other day. Whenever the urge to game strikes, I’m going to ask myself the following questions:



  • Have I exercised today?

  • Are the house and yard tidy?

  • Have I run all of my errands?

  • Have I written and/or edited at least two articles for Get Rich Slowly?

  • Does my inbox have fewer than 20 messages?


If I can answer “yes” to these five questions, then it’s okay to play Starcraft II or Carcassonne. But if I answer “no” to even one of these questions, I need to have the discipline to let the gaming go. I believe this will help me strike a balance. It’ll help me return to the world of Doing again. Because you know what? Life is a lot more fun as a Doer than a Talker.



A barrage of independent expenditures from a group operated by a deep-pocketed New Orleans trial lawyer couldn�t deflate the candidacy of state Rep. Cedric Richmond, who, on Saturday, won the Democratic Party nomination to vie for the congressional seat occupied by Rep. Joseph Cao (R-La.).

Louisiana Truth PAC invested $92,840 in attacks against Richmond, pictured right, in the days immediately before Saturday�s primary election, according to a Center for Responsive Politics review of filings with the Federal Election Commission.

The group argued Richmond is another William Jefferson, the longtime New Orleans congressman who infamously stored $90,000 in cash in his freezer and was sentenced to 13 years in federal prison last year after prosecutors won his conviction on bribery charges.

Louisiana Truth PAC specifically pointed to accusations, aired by New Orleans blogger American Zombie, that Richmond established at least one 501(c)3 nonprofit group and �bilked the organization�s cash flow for personal use,� including buying a diamond bezel for his �blingiddy-bling, white gold, Rolex watch.�

The Louisiana Truth PAC�s independent expenditures purchased polling, robo-calls, postcard mailings, TV advertising and the creation of a new anti-Richmond website, according to FEC filings. Nevertheless, Richmond, a three-term state legislator backed by the Democratic Congressional Campaign Committee, the Congressional Black Caucus and the state�s Democratic Party establishment, won 60 percent of Saturday�s vote.

Louisiana Truth PAC�s treasurer is attorney Stuart H. Smith, who specializes in environmental law, class-action lawsuits and mass torts, as OpenSecrets Blog reported last week.

It's unknown whether Smith, who has personally contributed tens of thousands of dollars to Democratic candidates and committees since January 2009 alone, is responsible for any or all of the money behind these advertisements -- although several expenditures reported to the FEC reference �in-kind payments via credit card by Stuart Smith.�

Ahead of Saturday�s primary election, Smith declined to elaborate to OpenSecrets Blog on who was funding the new political committee, beyond saying �concerned citizens.� Campaign finance reports detailing the sources of the funds raised by Louisiana Truth PAC, which is legally allowed to collect unlimited sums from individuals and corporations, will be filed with the FEC later this autumn.

Smith could not be reached for comment for this story.

Earlier this year, Smith himself donated the legal maximum to state Rep. Juan LaFonta, who finished a distant second behind Richmond, with just 21 percent of the vote.

Richmond had out-raised LaFonta, $507,300 to $301,800, as of Aug. 8, the most recently available data. As of Aug. 8, Richmond also boasted more than 10 times as much money in the bank: $166,300, compared to LaFonta�s $13,500.

In November, Richmond will face Cao, who in 2008 unexpectedly unseated Jefferson for this seat representing Louisiana�s 2nd Congressional District.

The Richmond campaign did not immediately return messages left seeking a comment for this story.

Louisiana Truth PAC is one of several groups to recently materialize after legal decisions that opened the door for groups to tap corporate and individual donors for unlimited amounts to fund independent expenditures that expressly advocate for or against federal candidates. Those rulings include the Supreme Court's January decision in Citizens United v. Federal Election Commission and a federal court's March opinion in SpeechNow.org v. FEC.


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Office in use by imjoshdotcom




People often ask me about the secret to this blog’s success. “How did you get so many readers?” they ask. “How can I do the same?”


My answer is similar to Anderson’s. There aren’t any secrets. Write and post great content on a regular basis for a long, long time. In short, you can’t just talk about building a great blog; you also have to put in the work. Simple, right? But it’s not easy.


(I appreciate the folks who come up to me and say, “You know, J.D., I don’t know how you do it. I tried to keep a blog for a few months. It was hard.” Yes, it is. It’s work, just like anything else.)


If there’s something you want to be or do, the best way to become that thing is to actually take steps toward it, to move in that direction. Don’t just talk about it, but do something. It doesn’t have to be a big thing. Just take a small step in the right direction every single day.


If you want to get out of debt, take small steps toward becoming debt-free. If you want to save for a trip to Africa, save a little bit at a time. If you want to get a new job, make moves in that direction. But take action. That’s the most important step.


Action Not Words

Of course, there’s more to getting stuff than just taking action. It’s one thing to say you want to become a commercial airline pilot and another to actually do it. Here are some of the things I learned as I made the move from Talker do Doer:



  • Make time for the things you want to do. One of the keys to getting things done is setting aside time for the things you want to accomplish. You have to make time to get stuff done. As the Kevin J. Anderson article I mentioned above demonstrates, you don’t just become a best-selling author or an Olympic athlete. Talking doesn’t make it so. You have to carve out time to do this stuff. You have to put your Big Rocks first and fit the small stuff in around them.


  • Have a goal in mind. I truly believe that the biggest reason I used to struggle with getting stuff done is that I didn’t have any sort of plan. I had no goals. Goals give you purpose. It wasn’t until I became committed to digging out of debt that I was able to actually start moving in the right direction. Part of my current problem is that I’ve recently achieved a bunch of big goals, but now have nothing planned for the future.


  • Don’t take on too much. While it’s important to set goals, don’t take on too many tasks at once. I try to set just one or two major goals at a time. Any more and I find I can’t pursue any of them effectively. This year, my one goal is to lose 50 pounds. I’m on pace to do that. Why? Because I don’t have anything else on my schedule competing for time. This is my Big Rock.


  • Don’t let failures deter you. This is huge. One of the reasons I used to talk so much without acting is that I was afraid of failure. I’m not sure where I learned to be afraid of defeat, but that’s the way I was. And when I did try something but failed, I’d give up. This is no way to get stuff done. Talkers let fear of failure keep them on the sideline; Doers overcome fear and move on, and when they fail, they simply try again.


  • Don’t find reasons that something can’t be done; instead, find ways that something can be done. This is a pet peeve of mine. I hate when people come to me for advice, but when I give it, they tell me all of the reasons it won’t work for their circumstances. (This often happens when I suggest people take a second job to boost their income, for example.) One of the biggest difference between successful people and those who aren’t is that the successful don’t make excuses. If something looks difficult or impossible, they find ways to make it happen anyhow.


In the past five years, I’ve learned that I can do anything I set my mind to. Get out of debt? After I stopped talking and started doing, I got out of debt quicker than I thought possible. Losing 50 pounds? Well, I’m not there yet, but I’ve lost over 30 pounds since January 1st — but it didn’t happen until I stopped talking about it and started working hard to make it happen. Learning French? Well, there’s one where my talk outpaces my action right now, and it’s a perfect example of what I mean when I say actions speak louder than words. I don’t study my French as much as I should, so basically all I can do is count and tell you what color my clothes are. (”J’ai deux chemise noir.”)


For five years, my doing slowly increased until this past winter it reached a frenzied pace. I was burning myself out. I was writing and speaking and working and exercising and…well, it seemed like I never had a spare moment. This was the dark side of doing, and it’s what triggered my desire to downshift. It’s what led the pendulum swinging too far in the direction of Starcraft II.


Finding a Solution

So what’s the solution to my current problem? How can I stop playing computer games so much? How can I stop just being a Talker and become a Doer again? Well, making this public confession is a first step. But the thing that I think will really help is the “decision tree” I came up with the other day. Whenever the urge to game strikes, I’m going to ask myself the following questions:



  • Have I exercised today?

  • Are the house and yard tidy?

  • Have I run all of my errands?

  • Have I written and/or edited at least two articles for Get Rich Slowly?

  • Does my inbox have fewer than 20 messages?


If I can answer “yes” to these five questions, then it’s okay to play Starcraft II or Carcassonne. But if I answer “no” to even one of these questions, I need to have the discipline to let the gaming go. I believe this will help me strike a balance. It’ll help me return to the world of Doing again. Because you know what? Life is a lot more fun as a Doer than a Talker.



A barrage of independent expenditures from a group operated by a deep-pocketed New Orleans trial lawyer couldn�t deflate the candidacy of state Rep. Cedric Richmond, who, on Saturday, won the Democratic Party nomination to vie for the congressional seat occupied by Rep. Joseph Cao (R-La.).

Louisiana Truth PAC invested $92,840 in attacks against Richmond, pictured right, in the days immediately before Saturday�s primary election, according to a Center for Responsive Politics review of filings with the Federal Election Commission.

The group argued Richmond is another William Jefferson, the longtime New Orleans congressman who infamously stored $90,000 in cash in his freezer and was sentenced to 13 years in federal prison last year after prosecutors won his conviction on bribery charges.

Louisiana Truth PAC specifically pointed to accusations, aired by New Orleans blogger American Zombie, that Richmond established at least one 501(c)3 nonprofit group and �bilked the organization�s cash flow for personal use,� including buying a diamond bezel for his �blingiddy-bling, white gold, Rolex watch.�

The Louisiana Truth PAC�s independent expenditures purchased polling, robo-calls, postcard mailings, TV advertising and the creation of a new anti-Richmond website, according to FEC filings. Nevertheless, Richmond, a three-term state legislator backed by the Democratic Congressional Campaign Committee, the Congressional Black Caucus and the state�s Democratic Party establishment, won 60 percent of Saturday�s vote.

Louisiana Truth PAC�s treasurer is attorney Stuart H. Smith, who specializes in environmental law, class-action lawsuits and mass torts, as OpenSecrets Blog reported last week.

It's unknown whether Smith, who has personally contributed tens of thousands of dollars to Democratic candidates and committees since January 2009 alone, is responsible for any or all of the money behind these advertisements -- although several expenditures reported to the FEC reference �in-kind payments via credit card by Stuart Smith.�

Ahead of Saturday�s primary election, Smith declined to elaborate to OpenSecrets Blog on who was funding the new political committee, beyond saying �concerned citizens.� Campaign finance reports detailing the sources of the funds raised by Louisiana Truth PAC, which is legally allowed to collect unlimited sums from individuals and corporations, will be filed with the FEC later this autumn.

Smith could not be reached for comment for this story.

Earlier this year, Smith himself donated the legal maximum to state Rep. Juan LaFonta, who finished a distant second behind Richmond, with just 21 percent of the vote.

Richmond had out-raised LaFonta, $507,300 to $301,800, as of Aug. 8, the most recently available data. As of Aug. 8, Richmond also boasted more than 10 times as much money in the bank: $166,300, compared to LaFonta�s $13,500.

In November, Richmond will face Cao, who in 2008 unexpectedly unseated Jefferson for this seat representing Louisiana�s 2nd Congressional District.

The Richmond campaign did not immediately return messages left seeking a comment for this story.

Louisiana Truth PAC is one of several groups to recently materialize after legal decisions that opened the door for groups to tap corporate and individual donors for unlimited amounts to fund independent expenditures that expressly advocate for or against federal candidates. Those rulings include the Supreme Court's January decision in Citizens United v. Federal Election Commission and a federal court's March opinion in SpeechNow.org v. FEC.


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CBS <b>News</b> launches dedicated iPad app

iPad owners looking for CBS News content now have a free app for that. CBS is following the lead of ABC News with an app that caters to the dimensions of the iPad. The CBS News app features an easy to use interface that includes stories ...

The Rag &amp; Bone Experiment – Fashionista: Fashion Industry <b>News</b> <b>...</b>

Fashion Industry News, Designers, Runway Shows, Style Advice. Send Tips � Advertise � About Us � Network � Above the Law � AltTransport � Breaking Media � Fashionista. Search for: Home � Fashion Week � Beauty ...

The Mahablog » Today&#39;s Entertainment <b>News</b>

Nate Silver says O'Donnell has something like a 17 percent chance of winning the general election, which of course is why he establishment is in a panic. However, that's just one Senate race. The bad news is that Nate projects the GOP ...



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