Wealth Today » Motivational

The Enron Verdict – Skilling and Lay Convicted

joshuak — Thu, 25 May 2006 20:28:47 +0000

Today, Yahoo covers the Enron verdict. Skilling and Lay have been convicted. They are guilty of conspiracy and securities and wire fraud. What the citizen’s learn from this court decision is that executives will be held responsible for the accuracy of their books. What do we (the financial blogosphere) learn from their mistake? We learn that the unethical shortcuts are no shortcut at all. Skilling and Lay took the shortcut to a long time in a cell.

Ten things that should be on your daily to do list, but probably aren’t.

joshuak — Thu, 09 Feb 2006 21:41:52 +0000

I’ve been thinking, and I’ve discovered a few things that I think would make us more successful, both socially and financially, if we implemented them in our daily To Do list. Many of these are common sense, and maybe we already do these on some kind of regular basis. But when it comes to our daily To Do List, they should be there, but they probably aren’t.

Review yesterday
Make someone happy
Brainstorm
Make a new friend
Give something away
Learn something
Invest in yourself
Invest in a partner (spouse, family, friend)
Surprise yourself
Plan for tomorrow

Bill Gate’s of Microsoft Has Too Much Money for the IRS Computers to Handle

joshuak — Thu, 02 Feb 2006 20:51:10 +0000

Apparently, Bill Gates is so rich, he has to have a special computer at the IRS to handle his tax return.
Bill Gates, IRS, Microsoft, Tax Return

Happy New Years – A List of Lessons I Learned In 2005

joshuak — Sun, 01 Jan 2006 06:22:44 +0000

Here it is, a few minutes before 2006.

I’d like to wish everyone has a safe and happy new year.

As I’m taking this time to look forward to what lies ahead, I’m also looking backwards and reflecting on some of my achievements.

Looking at my accomplishments, I know I have it in me to overcome challenges. I’ve set goals, and I’ve met them.

I’ve learned some incredible lessons this year. Here’s the list of lessons I’ve learned this year (in no particular order):

There are no problems, only challenges.
Never give up.
Make daily progress.
Be grateful.
Be generous.
Be fearless.
Time is on my side.
Everyday is a gift.
Learn continuously.
There may be a better way for everything.

Please share what you’ve learned in 2005.

Lessons in Gratitude by Ben Stein

joshuak — Tue, 27 Dec 2005 06:26:12 +0000

Sometimes it’s good to hear someone else’s story to make us put ourselves in perspective. I’d like to share Ben Stein’s “Lessons In Gratitude” where Ben talks about his father’s view of thanks the opportunities and also gives thanks to our voluntary armed forces who fight to protect American freedoms.

The best time to plant an oak tree

joshuak — Fri, 23 Dec 2005 16:25:44 +0000

Getting ready for the holiday weekend, my time has been reduced even further. For now, I’ll share a quote I read from The Wealthy Barber. David Chilton’s book is full of wit and great words expressing wisdom. I found this one and loved it:

The best time to plan an oak tree was twenty years ago. The second best time is now.

401k Update 001

joshuak — Thu, 22 Dec 2005 14:20:56 +0000

I’ve increased my 401k contribution to 10%. For the first time, I’m now paying myself first. That first 10% of my check comes off the top and goes directly to me. Well, almost, it goes to my 401k. I’ve actually lost money since I first decided to join my companies 401k because the price per unit is less than what I paid for my first contribution, but I’m staying optimistic. I expect dollar-cost-averaging to come to my rescue and continue to help my nest egg grow.

The Lazy Way To Success

joshuak — Sun, 06 Nov 2005 07:24:46 +0000

Even though I got a big raise and it’s nice to increase my income, I’m still looking for that awesome way of making income, with little or no effort. Something that doesn’t take 8-10 hours of my day, to provide a comfortable income would be ideal. It’s important to find other people who have been able to achieve our goals, and that’s why I’m going to share about a web site where I can learn a thing or two. Fred, the author of “The Lazy Way To Success” has started two businesses, and writes on how to start a business with no business experience. Owning a business is a very popular way of producing passive income, and many are very successful at doing it. I think it’s one of the methods I’ll use in the future.

Congratulations to my brother.

joshuak — Sun, 02 Oct 2005 04:43:44 +0000

All of my step-brothers have always been financal inspirations to me. One recently had a big success that I would like to share. He’s worked very hard and I’m very happy for him in this accomplishment. He’s a salesman for a very large computer company, and has now made a deal for 9.7million, which if I’m assuming his commission correctly, at 3% that’s $291,000. He’s spent quite some time and effort on this deal, but knowing my brother, I’m sure that his wonderful people skills, charisma, and attitude had a lot to do with this triumph.

Parents! Never Tell Your Child…

joshuak — Wed, 14 Sep 2005 21:06:28 +0000

Through my youth, and even into adulthood, anytime I had a problem with anything, whether I failed a class, I didn’t get the job I wanted, or anything else, my parents always told me “You can do anything… if you just put your mind to it.” Unfortunately, they left out the rest of the sentence. I had to discover myself that it finishes with “and take appropriate action.” All the good thoughts and best intentions in the world never got anywhere further than the mind that created them, but all kinds of wonderful things can happen when action is used in combination to these thoughts. If they’d told me that, I can’t say I know how, but I know things would be different for me. So parents, listen up, if you’ve not been seeing the good things that your children deserve happen, try saying “You can do anything if you put your mind to it and take the next action.”