Attitude

Can your Attitude be a key to financial success: a settled way of thinking or feeling about someone or something, typically one that is reflected in a person's behavior.


The four basic types of attitudes and behaviors that are positive, negative and neutral.
  • Positive Attitude: This is one type of attitude in organizational behaviour. ...
  • Negative Attitude: A negative attitude is something that each and every person should avoid. ...
  • Neutral Attitude: ...
  • Sikken Attitude:
8 Ways to Improve Your Attitude
  1. Always act with a purpose. ...
  2. Stretch yourself past your limits every day. ...
  3. Take action without expecting results. ...
  4. Use setbacks to improve your skills. ...
  5. Seek out those who share your positive attitude. ...
  6. Don't take yourself so seriously. ...
  7. Forgive the limitations of others. ...
  8. Say "thank you" more frequently.
There are four different types of communication behavior: aggressive, assertive, passive, and passive-aggressive.
  • Aggressive. Aggression is defined as an unplanned act of anger in which the aggressor intends to hurt someone or something. ...
  • Assertive. ...
  • Passive. ...
  • Passive-Aggressive.
Here is a list of 10 habits that can turn a gloomy outlook into an effortlessly optimistic attitude.
  1. Keep a gratitude journal. ...
  2. Reframe your challenges. ...
  3. Get good at being rejected. ...
  4. Use positive words to describe your life. ...
  5. Replace have with get. ...
  6. Don't let yourself get dragged into other people's complaints. ...
  7. Breathe.
  8. Notice the righteous in times of tragedy
  9. Have solutions when pointing out problems
  10. Make someone else smile
So what has attitude to do with investing?  I think a lot.  I stress throughout my book that you should ignore price and the movement of the market.  To do that you must apply many of the above traits relating to attitude:

1.      Keep a positive attitude
2.      Don’t let negative news upset you
3.      Act with purpose by concentrating on the income your investment will provide
4.      Consider market setbacks as a positive, not negative
5.      Don’t let others attitude towards investing affect you
6.      Look at price and market drops as opportunities, rather than potential losses
7.      Relax and enjoy the income and income growth you receive from your investments.


Territorial News

What really happened in the Wild West, read the Territorial News

We spend part of our winter months in Arizona and receive copies of the Territorial News in our RV Park.  It's full of interesting articles about people, events, myths and the reality rather than the fictional stories.

Here’s some of this months’ headlines:
- Did Doc Holiday Gut a Texas Gambler
- Scalped! A Young Boy Loses His Hair to the Sioux
- Government Moves Against Mormons
- The Mexican War: At the Halls of Montezuma
- The “Unsinkable Molly Brown” 

They even allow one to download a pdf copy, so if you'd like to take a look,
here's the steps to download a PDF copy of the magazine:
     
- Go to the Territorial News website
- Arrow down and click "Download Now"
- At the next screen, arrow down and click “Click here to download”
- With the pdf open, you can Save it to your computer and read it later.

Spring Cleaning

Is it time to consider selling?


There are times it’s nice to have caring children. My daughter helps us out and the other day she asked “Why don’t you clean out your clothes closet, I’m sure many of your clothes don’t fit anymore”.

I told her to go for it, and sure enough on her next visit she filled out four large plastic bags of clothes that definitely didn't fit.


I’m sure it’s a poor comparison, but if you are holding stocks which don’t fit anymore, or at least are not performing as you’d like. Well the markets are just about at all-time highs, and what better time to consider getting rid of those holdings which you feel are not producing the income you’d like or have just not done as well as you expected.






I’m not saying sell just to “Take Profits” because I strongly suggest holding and ignoring price. But, when the market is high it gives you a chance to sell any holding you’d like to replace with another you’ve always wanted or wanted to add to.

Should you do sell, the opposite then applies. Don’t buy when the market is high, instead hold the cash and wait for the market to move back down. You should have identified the stocks you’d like to buy and have a price range you’d like to see before consider buying. When one of the stock reaches your price range buy or wait for another.

Attitude

Can your Attitude be a key to financial success: a settled way of thinking or feeling about someone or something, typically one that is ref...