Teach – Inspire – Empower
The MagicLifestyle DreamCatcher Plan The MagicLifestyle DreamCatcher Plan is the first of the 100 things I want to share before I die because it’s probably had the most influence in my life; especially a dogged determination and resilience. It may benefit others during this tumultuous time. I designed the MagicLifestyle DreamCatcher plan as a simple...Continue reading
Are you familiar with the idea of a Bucket List? If not, a Bucket List is simply a list of anything you want to do or achieve in your life before you ‘kick the bucket’. A Bucket List can be something like “100 places to visit before I die” or “101 things to do before...
What is the greatest weakness in the capitalist system? What causes capitalist systems to fall to socialist and communist revolutions? If capitalism is the most efficient economic system, as I believe it is, why the rising popularity of socialism, especially among the younger generations? Capitalism may be the most efficient economic system but it is...Continue reading
What does capitalise your knowledge, expertise and experience mean? Thanks for asking, allow me to give you a quick overview. “Don’t capitalise on your knowledge, expertise and experience, capitalise it.” The first can make you a living, the other could make you a fortune. Here’s how. Capitalising on your knowledge, expertise and experience, KEE for...Continue reading
How to navigate the coming recession. In a recent article billionaire investor, Ray Dalio, reckoned that we are about to experience a 100-year catastrophe, the combination of; A Covid-19 coronavirus pandemic A massive global recession Been there, done that! Ten years ago I was caught in the teeth of the 2009 Great Recession and, along...Continue reading
Debt as a Negative Investment Debt does two things; It increases risk It reverses the law of compounding I would like to start by noting that every financial guru I know of discourages personal debt; even those who boldly proclaim that “cash is trash” as well as those who promote business debt, leverage. The companies...Continue reading
Three common mistakes retirees make when they retire. Millions of Boomers are worried that they will not have enough money for a financially secure old age. Many of them have good cause to worry, they don’t have enough. While it may be too late for them to save enough for a stress-free retirement, there may...Continue reading
What went wrong with retirement planning? If you participate in a “Defined Contribution” retirement plan, you should know how it came about and what it really means, especially the risks. How it began. Back in the heyday of the Industrial Age about 70% of workers in the West were employees. And many government and corporate...Continue reading
Reflections on A Ten Year Adventure Expedition. A little background. I have been a community activist for as long as I can remember. As a kid I recall my dad telling me that I would be a good union leader because I championed for better living and working conditions for our employees on the farm....Continue reading
Launching the Wealth Diamond Accelerated Retirement Plan Are you worried about not having enough money to retire? You are not alone! According to a recent study, about 80% of people nearing retirement are worried. But knowing that others are worrying doesn’t solve your problem. However, the fact that others are in the same boat means...Continue reading