Should You Delegate?

LET’S ASSUME YOU work the average 40 hours per week, but you’re an over-achiever so you put in 50-weeks a year. That’s 2,000 hours of paid employment. If you want to make $100,000 a year, each working hour needs to produce $50. If you want $1 million a year, each working hour must produce $500.…

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Old Before Their Time

SO MANY PEOPLE ARE old before their time. With their dour pessimism dripping off their faces, they snivel and gripe about the most minor things. Even some 30 year-olds can seem like grumpy old men and women if their attitude is below par. What happened to their youthful awe and wonder about the world? Their…

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Purpose Trumps Passion

I HEARD A TRADER literally say, “Oh my god, I want to trade full-time so badly. I’m putting in 100%, and I’m going to throw everything I’ve got at it. This is my passion. I love everything about trading!” Then, I watched in dismay as they fizzled out after a series of 12-hour days watching…

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Think Ahead

IT’S SO ESSENTIAL to have long-term goals. What were you after when you got started trading? The rent paid next month? That’s pretty short-sighted. Or were you after liberation? Financial serenity? Never having to worry whether there was enough money in the bank to go on that overseas trip… first-class. Think about how you want…

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Interesting Thought

  HERE’S A GREAT thought by Seth Godin: “There’s a common mistranslation that causes us trouble. We say, “I am afraid,” as if the fear is us, forever. We don’t say, “I am a fever” or “I am a sore foot.” No, in those cases, we acknowledge that it’s a temporary condition, something we have,…

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