Kia Ora,
Well the 'Angry Man' has given me a bit more to write about as I go through his emails of complaints.
On going back to see what else the complaint email contained was the claim that I was not an investor.
Who designates what an investor is? Ideally an investor say in property is in it for the long term, but as I study more & more I find in different areas you can be an investor & the time considered long term can be very short.
So have I been an investor & can I comment on the type of things I have been?
I would say yes just not so far a successful one, but then that is how you learn, making mistakes.
Originally on working in Iraq I knew for my plans to work I needed to be in property, first big mistake was not getting the right advice ( & a better accountant), but probably most of all was not reading this book I had heard about. Rich Dad Poor Dad. Things would be certainly going a lot better right now if I had.
So as much as giving education these blogs as I think I have said before are about showing my mistakes, why make them when you can learn from someone elses.
To make things work though I have looked at trading options to give me a cash flow, a couple of MLM (multi level marketing) ideas, continuing on with my businesses, of course property investment (hardest part here is finding the financiers who understand what you are on about, it doesn't fit the modern banking model & why the world is in trouble) & more lately investment in gold & silver along with using the internet including writing my blogs to create cash flow.
So am I an investor. Yes. Have I been successful at it? Not yet.
But then there is the one way to get rich fast as often quoted by Robert Kiyosaki; "Fail faster!"
But then as 'Mr Angry' seems to be, someone who is fixed on the requirement to have a formal qualification, failure is not an option.
Luckily Thomas Edison was asked to leave school as he could not be taught & then failed 10,000 times in his bid to invent the light bulb.
In the real world we fail, in the unreal academic world failure is not acceptable. That seems to part of the problem with young people these days as the education system now seems to teach that no one is a failure.
Will I succeed? I don't know, but if just one person learns something from my blogs to allow them to make a difference in the world then surely it is worth it.
What also seems to be missed in the complaints is if something is been said that challanges the norm, then do your own research.
All the people I have followed in the course of my personal financial education have said the same. They will show you, but do your own homework. Never believe anybody.
The other point is even in your own mistakes, there are always lessons to be learnt.
Working on your own financial education is always going to be a challenge. Some will find it easy, others of us will start great then crash to pull yourself up & try again.
Saturday, May 29, 2010
Monday, May 24, 2010
Who is right in Financial Education?
Kia Ora,
Have been meaning to get back into this blog recently as grappled with things, but finally stirred on by a number of anonymous emails I have received regarding my security blog,but which also question my right to comment on security, health & safety & financial issues.
The security, Health & Safety issues have being dealt with through my security blog.
So who has the right to talk about financial education?
The emails basically say that since I have no formal qualifications I can not comment on any of the above.
Funny thing is if you financially educate yourself, you find that those formal qualifications are all part of the big con.
What he should be asking is "so why are you commenting on financial areas such as financial education & the financial crisis when you have not made it yourself?"
I haven't & that has been a struggle to carryon with this blog because of that. But his comments reminded me why I started the blog.
My information comes from those who have made & are generally in the know. One thing that comes through when you go down the road of financial education & again why I started the blog is best way forward is to help others understand & put them on the path of financial education.
The more you help others, the more you see yourself. You see your mistakes & where you can take the next step.
The email writer says I am not an accountant, No, but you do need them. Economist? No, & they are primarily responsible for the mess the world is currently in & digging itself deeper into if they are of the Keynesian variety.
How do people know this? Because you only have to look at history & each time the similar actions have been taken it has ended with a similar result.
When you are discussing racism the most common statement is "I am not racist but..." when you discuss the financial world there is a similar statement "this time it is different". Yet each time through out history despite mans best efforts it has ended the same.
The first time there was an economic crisis that was recorded was 300AD in the Roman Empire, that took about 300 years to happen. It is believed though it happened as far back as Babylon.
Ever since the amounts involved have got bigger & the time it takes has got faster once the tipping point is reached.
So again who is right in financial education?
Yes, I haven't made it but the information I am passing on comes from those who have & who are encouraging people to pass it on.
Or those who have a bit of paper, generally following one line of smoke & mirrors.
Always remember the Golden rule "he who has the gold makes the rules!" so those who have made it will know the rules.
So do you sit back & wait for those with the bit of paper to get it right or do you go & look for yourself. As they say you have to choose your own path to wealth & have the reason for wealth, don't believe anything anybody says, no matter how successful, but research yourself.
My path? Well still working on it as looking to create cash flow to take the first steps back into the investing I would like to do & at the same time grow my businesses.
My reason initially is to make our communities safer, but also provide a place of work mainly for those leaving the military as they adjust to the world outside, which recognizes their skills.
The second part of my reason is to establish sustainable communities (both economically & environmentally) as a base to allow the world to grow.
In Other words to "Make a Difference!"
So with the knowledge I have acquired & the desire to have as many people to know as possible so they can prepare for the time of opportunity I think I have the right to comment on financial matters the same as anyone else.
Have been meaning to get back into this blog recently as grappled with things, but finally stirred on by a number of anonymous emails I have received regarding my security blog,but which also question my right to comment on security, health & safety & financial issues.
The security, Health & Safety issues have being dealt with through my security blog.
So who has the right to talk about financial education?
The emails basically say that since I have no formal qualifications I can not comment on any of the above.
Funny thing is if you financially educate yourself, you find that those formal qualifications are all part of the big con.
What he should be asking is "so why are you commenting on financial areas such as financial education & the financial crisis when you have not made it yourself?"
I haven't & that has been a struggle to carryon with this blog because of that. But his comments reminded me why I started the blog.
My information comes from those who have made & are generally in the know. One thing that comes through when you go down the road of financial education & again why I started the blog is best way forward is to help others understand & put them on the path of financial education.
The more you help others, the more you see yourself. You see your mistakes & where you can take the next step.
The email writer says I am not an accountant, No, but you do need them. Economist? No, & they are primarily responsible for the mess the world is currently in & digging itself deeper into if they are of the Keynesian variety.
How do people know this? Because you only have to look at history & each time the similar actions have been taken it has ended with a similar result.
When you are discussing racism the most common statement is "I am not racist but..." when you discuss the financial world there is a similar statement "this time it is different". Yet each time through out history despite mans best efforts it has ended the same.
The first time there was an economic crisis that was recorded was 300AD in the Roman Empire, that took about 300 years to happen. It is believed though it happened as far back as Babylon.
Ever since the amounts involved have got bigger & the time it takes has got faster once the tipping point is reached.
So again who is right in financial education?
Yes, I haven't made it but the information I am passing on comes from those who have & who are encouraging people to pass it on.
Or those who have a bit of paper, generally following one line of smoke & mirrors.
Always remember the Golden rule "he who has the gold makes the rules!" so those who have made it will know the rules.
So do you sit back & wait for those with the bit of paper to get it right or do you go & look for yourself. As they say you have to choose your own path to wealth & have the reason for wealth, don't believe anything anybody says, no matter how successful, but research yourself.
My path? Well still working on it as looking to create cash flow to take the first steps back into the investing I would like to do & at the same time grow my businesses.
My reason initially is to make our communities safer, but also provide a place of work mainly for those leaving the military as they adjust to the world outside, which recognizes their skills.
The second part of my reason is to establish sustainable communities (both economically & environmentally) as a base to allow the world to grow.
In Other words to "Make a Difference!"
So with the knowledge I have acquired & the desire to have as many people to know as possible so they can prepare for the time of opportunity I think I have the right to comment on financial matters the same as anyone else.
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