Monthly Archives: December 2008

Two Kinds of Suffering

There are only TWO kinds of suffering:

1.   The Suffering from Discipline, &
2.   The Suffering from Consequences

The facts show that 95% of Americans will not be able to retire without external assistance.   Which also means that 5% of Americans have it covered.   Therefore, logic dictates that if we stop doing what the 95% are doing (Retire It) and start doing what the 5% are doing (Replace It) we have a better chance of avoiding the suffering of consequences  tomorrow by excepting the suffering of discipline today.

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New Year’s Resolution

New Year’s Resolution

As Scott and I finish reading “The Walking Drum” by Louis L’Amour, we came across the following as it pertains to the New Year.

It has seemed to me that each year one should pause to take stock of himself, to ask: Where am I going? What am I becoming? What do I wish to do and become?

Most people whom I encounter were without purpose, people who had given themselves no goal.  The first goal need not be the final one, for a sailing ship sails first by one wind, then another.  The point is that it is always going somewhere, proceeding toward a final destination.”

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Security versus Freedom

The Boston Tea Party

When the boys of Boston decided to throw their first costume party of the century they all dressed up like Indians (Native Americans for the PC crowd).  The theme of the party was Freedom over Security. They were enraged over the taxes that were charged without having a say in the process.

A few years later, John Dickenson of Philadelphia, arguing against the proposal of Independence, agreed that the improper conduct of the British soldiers was trying but that he was willing to give up a little Freedom for the sake of Security.

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6 Reasons to Get a Financial Coach

6 Good Reasons to Get a Financial Coach

1.              54% of American INVESTORS do not read financial literature (e.g., newspaper or magazine articles) because they believe the content is “too hard to understand” (AARP).

First of all: It is too complicated!  Second of all, it’s not necessary to know.  There are three things you can do with your money: 1) Spend it, 2) Save it, 3) Invest it.  95% of Americans won’t be able to retire on their own money.  They will need help.  The moral of the story is: master steps 1 and 2 before putting money at risk with no idea how the process works.

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Christmas Music: The Social Quadrant

The 2008 Family First Concert

Every year for the past 8 seasons, we have provided Christmas joy and music to our Senior Citizens and their families around the Gig Harbor/Tacoma community.  Four years ago, Chris and Julie Thomson, who own Family First, asked us to perform for the Assisted Living Extended Families and it’s become a tradition ever since.

This years, Chris and Julie arranged a sumptuous dinner with music and Santa Claus for all of their patients and their extended families.  We had approximately 160 folks show up for the festivities.  Here are some pictures:

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Is My Money Safe in an Annuity?

Is My Money Safe?
If you are concerned about the safety of your money, here is a quick chart to help explain the difference between holding your money in a bank versus with an insurance company.  Despite what friends and ‘so-called’ experts say, here are a few factoids to consider.



Balance of $100

Balance of $100

Required to keep $10 on deposit but can loan out $90

– tries to keep $1.26 (as of 9.08 this is a negative number)

Insurance companies have a legal reserve requirement of 104% $104 on deposit.

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Political Survival in the 21st Century

Samuel Adams pointed out a sobering fact concerning our political survival as a free people when he said:

“But neither the wisest constitution nor the wisest laws will secure the liberty and happiness of a people whose manners are universally corrupt.  He therefore is the truest friend to the liberty of his country who tries most to promote its virtue, and who, so far as his power and influence extend, will not suffer a man to be chosen into any office of power and trust who is not a wise and virtuous man.”

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Is Your House In Order?

Is your financial house in order?  If not, what else isn’t working?  Everything starts with your money, if control of money is eluding you; there are other things in your life that are frustrating as well.  Take a snapshot of your financial picture today and go back 3 years; are you getting healthier?  If not, why?

Is your current financial situation what you WANT?  If not, what are you doing about it?  Have you ever noticed that if your financial life (quadrant) is out of balance, that other parts of your life are also out of balance: your spouse, your children, and your health. Where attention goes, energy flows and results show!

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What Do You Want

Henry Ford was the Bill Gates of the late twentieth century.  Ford revolutionized the transportation industry by creating a car that almost anyone could afford and drive.

When Ford decided to produce his now famous V-8 motor, he chose to build an engine with the entire eight cylinders cast in one block, and instructed his engineers to produce a design for the engine.  The design was placed on paper, but the engineers believed it was simply impossible to cast an eight-cylinder gas engine block in one piece.  Ford said,

“Produce it anyway.”

“But,” they replied, “it’s impossible!”

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