09-SEPTEMBER 25-2021

Give Yourself A Target

Have clear intentions.  Get the picture.  See it and experience it as vividly as you can.
In doing so, you’ll have an excellent chance to hit your mark.

I played tennis with my 16-year old son the other day.  (This is a story … I don’t have a sixteen-year-old-son!)  He’s really coming along – hitting better and much more consistently.

He sure gets to the ball better than I do.  But Kevin was having some trouble with his serve.  He just wasn’t getting it in with any real consistency.

Hitting Your Mark!I offered to help.  I asked what his target was, and he replied it was the service box.

That’s too big, I said.  “Your mind can’t deal with ‘getting it in.’  It needs a more specific target.”

I asked about his pitching (he’s a talented baseball player) and asked where he aimed when he pitched.  “Do you aim for the strike zone or a place within the strike zone?”

I could see he was thinking.  I walked to the back edge of the service box and pointed to a spot about a foot inside.  I said, “Aim for this.”  To this young man’s credit, he not only accepted some coaching, but he was willing to try it.

And in spite of being tired and a bit frustrated, his service percentage went up over 300 percent from that point on.  A target – a specific target – makes all the difference in the world.

Our minds – both subconscious and conscious – need to have something to shoot for.  Vague generalities just won’t work.  We usually hit what we aim for – or at least we get a lot closer than we would have by not giving ourselves a clear target.

In the movie The Patriot, the hero played by Mel Gibson, reminds his young sons as they prepare to free their brother from the British, Aim small, miss small.”  Good advice.

Make sure you know what you’re aiming for.  It can’t be “success” unless you outline clearly what success is for you.  It can’t be excellent health unless you have a clear idea of what that looks like to you.  It can’t be wealth unless you can experience in your mind’s eye what wealth will be.

September 25, 2020

Inflatable OfficeGood morning.
The S&P 500 turned flat for 2020 this morning.  It also hit a 10 percent pullback from its most recent high.  That’s a term known as a correction, and usually occurs once or twice a year.  That’s in stark contrast to March’s selloff, which was a full-blown bear market with a 20 percent (or more) decline.  It’s doubtful markets are setting up for a major decline like that again, but after their gentle rally in July and August, this latest correction has simply taken some of the speculation out of the market and created conditions conducive to stocks heading higher in time.

Power Gold HigherNow here’s the rest of the news:

Despite gold, silver, platinum & palladium all closing down, (this week over last): There is panic throughout the Central Banks to Power Gold Higher!  Due to sovereign debt spiraling out of control and currencies plummeting to new lows, Egon von Greyerz makes the case for precious metals to soar to new highs.

September 25, 2019
Diversification vs Focus

Good Morning Barry!  ‘The Bear’ asked me for some stock market advice … I hesitate answering directly, however… the words of Mark Cuban, the tech billionaire, owner of the Dallas Mavericks, and star of “Shark Tank.” came to mind.

“Diversification is for idiots.”

Strong words?  To be sure.  But I agree with him.  And here’s why…

Even though the Wall Street Journal, your stock broker, and even your brother-in-law preach “diversification” as the best way to get rich in the stock market…

History shows it just ain’t so.

The world’s greatest fortunes have always been built by investors who were willing to focus their attention on a handful of stocks — or even a single stock.

Gates.  Bezos.  Zuckerberg.  Walton.  Rockefeller.  Carnegie.  They all got rich through intelligent concentration  not mindless diversification.

Hope that advice will come in handy Y’all…  😉

IMG_0712
Come From Aways, Do You?

More Posts

01-JANUARY 15-2022

Shine Your Light on Others Real leadership, the kind of leadership that not only works but also has a lasting impact, is about building other people and shining your light on them, not on yourself.  Real leaders understand they are here to work for the team, and not the other way around. A mediocre leader tries to impress people with how important he or she is.  A great leader impresses upon people how important they are. People will be willing to do more and accomplish more when they feel recognized.  A little recognition goes a long way, but you have to

01-JANUARY 14-2022

Good morning. Earnings season offers a big opportunity for markets to move in either direction.  With the market currently contending with the issues that come from rising interest rates, and the latest Covid variant (which Bill Gates say may be the last before Covid becomes more seasonal like the flu), this quarterly earnings report could be a make-or-break. While the data from the last quarter of 2021 are already in the rear-view mirror, early indications are that overall earnings for the S&P 500 are up 49 percent.  That’s hugely bullish, and some industries are likely to move higher no matter

01-JANUARY 13-2022

Good morning. Wednesday’s inflation reading of a 7 percent annual increase is the biggest move higher for inflation since 1982.  However, behind all headlines are some good and bad news.  Good news?  The rate of inflation growth is slowing, and that may be confirmed over the next few months. And, within the data that goes into inflation, some components are still continuing to rise, such as energy and gasoline prices.  But other factors, like meat prices, are starting to decline. This more nuanced picture shows that many inflation components are also tied in with shortages, and that the rate of

01-JANUARY 12-2022

Good morning. The stock market continues to struggle to find its footing this year, as attempts to move higher seem to be thwarted by a number of news items such as rising Covid cases.  However, combined with a low death rate (something the news rarely talks about anymore), the latest variant may allow the pandemic to become endemic to those who haven’t yet moved on. In the meantime, a number of investors are getting bullish following the latest selloff.  Of particular note is the renewed interest in Bitcoin, where billionaire Bill Miller states that half his personal portfolio is now

01-JANUARY 11-2022

Good morning. At its lows yesterday, the Nasdaq hit correction territory, down 10 percent from its most recent high.  That comes as interest rates continue to creep higher.  With a week loaded with economic data, that’s no surprise. By the end of the week we should see the latest inflation data with a CPI release on Wednesday, as well as the PPI for producer data.  Retail sales will give a hint as to how the holidays performed compared to prior years, and a number of Federal Reserve members have speaking engagements which can move the markets this week. With the

01-JANUARY 10-2022

Good morning. Going into Friday’s job reports, a full 86 percent of market participants queried believed that the Federal Reserve would hike interest rates in March.  Such a move, coming off of last week’s hawkish meeting minutes, would mean going from 0 percent interest rates to 0.25 percent. While not a huge move, it would be a sign that the economy is performing well and that the job market is getting close to normal.  While the latest jobs numbers had a big miss on Friday, enough jobs were created to drop the unemployment rate down to 3.9 percent.  Sure, the

01-JANUARY 09-2022

More Newfoundland wonder! January 09, 2021 Getting A Job Is a Job A recruiter asked a job candidate, “Why did you leave your last job?” The job applicant replied, “It was something my boss said.” “What did he say?” “You’re fired.” This person definitely needs a copy of my new book – “Getting a Job is a Job” – which comes out Jan. 5.  In it, I focus on bouncing back after being fired, dealing with rejection and the emotions people feel.  And I explain why you can’t take it personally. The book is chock full of helpful hints on

Like this article?

Share on facebook
Share on Facebook
Share on twitter
Share on Twitter
Share on linkedin
Share on Linkdin
Share on pinterest
Share on Pinterest

Leave a comment

Send Us A Message