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•Post-US election stock market boom and rise in oil price swells numbers Bill Gates still world’s richest man followed by Warren Buffett and Jeff Bezos •Mike Ashley and Sir Philip Green tumble down the rankings Rupert Neate Wealth correspondent Monday 20 March 2017 12.28 GMT The wealth of the world’s 2,300 billionaires combined now stands at twice the value of the UK economy. Photograph: Bloomberg/Bloomberg via Getty Images https://www.theguardian.com/business/2017/mar/20/forbes-billionaire-list-trump-loses-1bn-as-elite-club-welcomes-233-new-members
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Prophecy of Babylon in the last days The Apostle John was given a peek into the future. He wrote it down and it is called the Book of Revelation. In it, John, describes the condition of Babylon in the last days and how its rise affected the whole world. Revelation 18:16:“…That great city, that was clothed in fine linen, and purple, and scarlet, and decked with gold, and precious stones, and pearls!” 18:18 “…What city is like unto this great city!” 18:19 “Alas, alas, that great city, wherein were made rich….” 18:23 “…Thy merchants were the great men of the earth…” It is prophesied that Iraq will be rich once again and will make all kings, nations, and merchants rich because of her riches. Revelation 18:3 “For all nations have drunk of the wine of the wrath of her fornication, and the kings of the earth have committed fornication with her, and the merchants of the earth are waxed rich through the abundance of her delicacies.” 18:9 “And the kings of the earth, who have committed fornication and lived deliciously with her…” 18:15 “The merchants of these things, which were made rich by her…” It even describes Babylon’s(Iraq) exports and ISX, (Iraqi Stock Exchange). Rev. 18:12-13: “The merchandise of gold, and silver, and precious stones, and of pearls, and fine linen, and purple, and silk, and scarlet, and all thyine wood, and all manner vessels of ivory, and all manner vessels of most precious wood, and of brass, and iron, and marble, and cinnamon, and odours, and ointments, and frankincense, and wine, and oil, and fine flour, and wheat, and beasts, and sheep, and horses, and chariots, and slaves, and souls of men.” We are now standing at the edge of the beginnings of these things. Those of us who hold the Iraqi Dinar are about to enjoy the blessing of that which “hath been” becoming that which “shall be”. The Children of GOD who are invested in this incredible last days blessing will be made rich along with unbelievers who are also invested. “It rains on the good and bad alike.” And this is okay, as long as we use this miracle of wealth for the Glory of GOD and with the wisdom HE gives us. That is not to say GOD does not want us to enjoy it, but “Seek HIM and HIS Kingdom first” with it, and “All these things shall be added unto you”. Know also there will be a time when GOD calls HIS children out of Iraq and the things of it. Rev. 18:4: “Come out of her, my people, that ye be not partakers of her sins…” GOD has provided for us to be apart of this blessing, while at the same time staying out of the “fornications” of this world. Just like the Children of Israel being given the “Promised Land”, GOD warned them not to become like the peoples that were living there. This will be a GREAT Blessing, and it is a Blessing from GOD. Know this. GOD does not Bless us with a curse, and does not curse us with a blessing. However, it is up to us how we use it. It is up to us if we give the enemy, the devil a hand in it. We can allow the enemy to steal it from us, or we can plant it in “GOOD” ground and reap an hundred fold. Gen. 26:12: “Then Isaac sowed in that land, and received in the SAME year an hundredfold and the LORD blessed him.” The LORD longs to bless us the same way. We are HIS Children. Enjoy this Blessing and know that GOD has foreseen it for such a time as this and has chosen us to be a part of it. 11
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For your reading pleasure & contemplation * Enjoy * UNEEK Iron Rules of Money By Morgan Housel 8 Financial Rules That Apply To Everyone And Their Money No matter who you are, how much you earn, or how you invest, a few truths apply to you and your money. 1. Spending money to show people how much money you have is the surest way to have less money. Singer Rihanna earns tens of millions of dollars, but found herself "effectively bankrupt" in 2009. She sued her financial adviser for not doing his job. He offered a legendary response: "Was it really necessary to tell her that if you spend money on things you will end up with the things and not the money?" The first iron rule of money is that wealth is the stuff you don't see. It's the cars not purchased, the clothes not bought, the jewelry forgone. Money buys things, but wealth -- assets such as cash, stocks, bonds, in the bank, unspent -- buys freedom and security. Pick which one you want wisely. 2. Wealth is completely relative. According to World Bank economist Branko Milanovic, "the poorest [5%] of Americans are better off than more than two-thirds of the world population." Furthermore, "only about 3% of the Indian population have incomes higher than the bottom (the very poorest) U.S. percentile." And those figures are adjusted for differences in cost of living. The easiest way to judge how well you're doing is to compare yourself to people around you. The curse of living in the United States is that most people are doing well, so your own success looks ordinary. If you want to feel rich, look at the 90% of the world that isn't American or European. You'll realize that feeling rich is just a mental game. 3. The goal of investing isn't to minimize boredom, it's to maximize returns. Successful investing is pretty boring. Its main requirement is patience and inaction. Most people demand more excitement, so they tweak, fiddle, and adjust their investments as much as necessary to destroy as much of their wealth as possible. If you want to do better than average at anything, you must do something that most people can't. In investing, that means putting up with perpetual boredom. It's a serious skill. 4. The only way to build wealth is to have a gap between your ego and your income. Getting rich has little to do with your income and everything to do with your savings rate. And your savings rate is just the difference between your ego and your income. Keep the former in check and you should be fine over time. 5. The most valuable asset you can have is a strong propensity to not care what others think. Most people are bad with money, so being good means doing things differently than they do. You won't spend as much. You'll invest differently. You'll grow wealth slower. This can make you look like a fool in the short run. But who cares what others think? They're probably idiots. As Charlie Munger put it, "Someone will always be getting richer faster than you. This is not a tragedy." Not only is it not a tragedy, but it's a necessity. The ability to not care what other people think about what you're doing is mandatory in achieving abnormal results. 6. Spend more time studying failures than successes. You can learn more about money from the person who went bankrupt with a subprime mortgage than you can from Warren Buffett. That's because it's easier and more common to be stupid than it is to be brilliant, so you should spend more effort trying to avoid bad decisions than making good ones. Economist Eric Falkenstein summed this up well: "In expert tennis, 80% of the points are won, while in amateur tennis, 80% are lost. The same is true for wrestling, chess, and investing: Beginners should focus on avoiding mistakes, experts on making great moves." 7. People are flawed, so a lot of stuff makes no sense. As James Grant put it, "To suppose that the value of a stock is determined purely by a corporation's earnings is to forget that people have burned witches, gone to war on a whim, risen to the defense of Joseph Stalin, and believed Orson Welles when he told them over the radio that the Martians had landed." 8. Anything can happen at any time for any reason. You might be laid off next week. You can be sued tomorrow. Or win the lottery. Maybe you'll get cancer. Or a huge promotion. Stocks can rally for twice as long as you think and crash twice as fast as you assumed. History is one d***** thing after another, most of it involves money, and there's nothing you can do about it. Read more: http://www.fool.com/investing/general/2014/09/26/iron-rules-of-money.aspx#ixzz3EexuXGe6
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I have not read or seen reference to this information before and found it quite interesting -- I just wish they would have elaborated more .... I will be looking now for more information as it has peaked my interest and I am a Virgo... I don't think I have quite enough Dinar to reach that status right after CE but who knows ... If I manage it well it could happen.... UNEEK 12 Percent of Billionaires Are Virgos by Jia Tolentino February 20th, 2013 If you combined Harper’s Index with its Findings section and dramatically lowered the research quality of both, you would get my mind after a good Internet k-hole. Here are all the things I learned this week. On February 15, 2013, a 10-ton meteor entered the atmosphere at 33,000 miles per hour and exploded in the sky over the Russian town of Chelyabinsk with a force 20 times more powerful than the atomic bomb at Hiroshima. The explosion, brighter than the sun, shattered 100,000 square meters of window glass; the temperature in Chelyabinsk was -6°C. On the same day, an asteroid named DA14 came within 17,000 miles of Earth, as close as a DirecTV satellite. The odds of these two events occurring on the same day is estimated to be 1 in 100 million, almost the same as the odds of being crushed to death by a vending machine and better than the odds of winning the Powerball jackpot. A space object made of rock or metal is an asteroid. A space object made of dirt or ice is a comet. When a part breaks off from an asteroid or a comet and enters the Earth’s atmosphere, it’s a meteor—a shooting star. In 2007, the publishing company that owns “When You Wish Upon a Star” sued the distributors behind “Family Guy” for spoofing the song in an episode called “When You Wish Upon a Weinstein,” but the lawsuit was thrown out two years later, the judge citing parody as separate from copyright infringement. If a shooting star makes it to Earth without burning up, it’s a meteorite; found meteorites are worth up to $1,000 per gram, although meteorite researchers often charge 20% of the specimen’s price in exchange for analysis and confirmation. The largest asteroid is the dwarf planet Ceres, which is named after the classical goddess of agriculture, known in Greek myth as Demeter. In Demeter’s legend, her daughter Persephone is kidnapped by Pluto and taken to hell; the grief-stricken goddess wanders the earth, forgetting her duties, until the world begins to wither as “excessive rain destroys, the winds destroy, the constellations harm.” Around 66 million years ago, something similar happened after an asteroid 6 miles in diameter hit Earth near the Yucatan Peninsula, creating a dust cloud that blocked the sun for a year and killed off 75% of plant and animal species, including all the dinosaurs. Some astrologers associate Ceres with the sign of Virgo, which is the most common zodiac sign among the super-wealthy (12% of billionaires, including Warren Buffett, are Virgos). The least common sign among billionaires is Sagittarius (6%). The celebrity astrologer Susan Miller says that around 73 percent of her readers went to college or graduate school, and 38 percent earn above $150,000, which is what 88% of Americans say they’d need to make to feel financially secure. “In the end,” Miller told a reporter from Interview magazine, “the outcome will be up to you. It is important to know that astrology is not fortune telling. Never underestimate the power of your personality and your determination.” A TMZ reporter recently asked Warren Buffett, “When you go to the club, do you make it rain?” He didn’t answer. In 2007, NFL cornerback Adam “Pacman” Jones infamously made it rain at the Minxx strip club in Las Vegas, then attempted to collect his strewn money to make it rain again; when a dancer tried to keep the cash, he slammed her against the stage and started a brawl that led to two shootings and a victim settlement of $11.6 million. In the early twentieth century, America saw a proliferation of “rainmakers” who claimed they could induce precipitation to stave off drought. The San Diego city council hired a rainmaker named Charles M. Hatfield to fill the Morena Dam reservoir, offering a fee of $1,000 per inch. After Hatfield accepted, rain started to fall on San Diego and continued with little respite for two weeks, at which point 20 people were dead and the county’s infrastructure was nearly destroyed. Hatfield successfully avoided the lawsuit and continued working as a rainmaker until the Great Depression forced him to resume his previous career selling sewing machines. Jia Tolentino lives in Ann Arbor. And has been known to spend some time on the internet.
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Whether you are at a point in your life where you believe this or not it has proven true for many people. What you think affects your reality. Your experiences, your influences, and your beliefs from childhood can and DOES influence your choices and decisions as an adult . Here is just one person's story. I feel this could be valuable information for any and all that are about to have a major life change in the regards to finances / wealth 7 Ways Money Memories Can Affect Your Finances By: Christine Mathieu Posted on Feb 22, 2013 Growing up, my grandmother was a master seamstress, and I always had beautiful clothes without ever having to pay for them. My taste for fine garments didn’t change as I got older, but it was a shock when I had to begin paying for them myself. I can still hear my mother telling me, “You have champagne taste on a beer budget.” I could have taken this as a warning to not spend money that I didn’t have. Instead, it felt as if I’d been told that I was no longer deserving of the finer things in life, which sent my sense of self-worth into a downward spending spiral. The consequences: $8,000 of credit card debt—along with disappointment, anger and blame. As children, we begin to form our beliefs and attitudes about money through value-laden messages that are passed on to us by our parents, grandparents and society. In my work as a Financial Life Planning® Advisor, I call these “money memories.” What Money Memories Can Teach Us Delving into our money memories helps us to gain insight into the things that have consciously and subconsciously influenced how we think and feel about money—and how we handle finances. In order to move forward and navigate life with greater financial confidence as adults, we must look back. After all, a belief is nothing more than a thoroughly practiced thought. By asking yourself these seven questions, you’ll begin the process of self-reflection—and learn a great deal about the ways in which you handle money today. 1. What is your earliest money memory? My own is of receiving an allowance. My sisters and I completed our chores and did what was expected, yet there was a point in time when we were no longer compensated. The work continued; the payments stopped. I realized many years later that my penchant for intermittent work, and a lack of a steady paycheck, echoed this experience. I thought that my work wasn’t good enough for steady payment, so I didn’t make it a priority. What can you learn from your own earliest money memory? Is there a connection that can be made between this memory and a current behavior? 2. How was money used in your family? Was it mainly used to reward, punish, survive, impress, control, help others, have fun, buy love, reach goals or something else? I have a client who grew up having only positive experiences with money. She earned an allowance (and sometimes a trip to the ice cream store!), and her parents donated to their church and community on a regular basis. By having no financial struggles or hardships as a child, my client developed a positive, constructive view of money—and a strong foundation for wealth. 3. What was your family’s financial status? Did you consider your family to be rich or poor? Why? Once you have your answer, the next question to ask yourself: “What does being rich or poor mean to me?” This will help you to define what true wealth means to you. Does having large sums of cash make you wealthy? Or is being wealthy synonymous with being happy? 4. What were your parents’ spending and saving patterns? Growing up, my mother never spent money on herself—everyone else’s needs and wants always came before her own. Now that I look back, I realize that her self-deprivation made me feel less valuable; if she didn’t deserve treats, neither did I. So I did the opposite, becoming a compulsive shopper to prove that I was deserving. Family money baggage is a serious thing. We tend to take the beliefs about money instilled in us from our parents and carry them with us for a long time, if not always. 5. When did you start earning your own money? Did it make you feel independent, powerful or uncomfortable? And how do you feel about earning money today compared to when you first began as a kid? Most of my clients say that they felt independent and empowered. For the first time, they were free to make their own choices. It wasn’t about the money—it was about the emotion. For many of us, how much we earn determines our sense of self-value. Could it be that when we were children we were more focused on how we felt versus the cold hard cash? If you are happy with your earnings, rock on! If you aren’t, what would it take to make you feel better? 6. What career messages did you receive? Were you encouraged as a child to dream big when it came to choosing a career or were you told to play it safe? I have several clients who are artists, and many of them struggle with the limiting belief that fame and fortune come after death (see: Van Gogh and Gaugin)—that during this lifetime they are doomed to starve. How is your career or vocation valued? 7. What do you expect from money? One of my personal affirmations? “I want enough money to do what I want whenever I want!“ I want money to give me the ease of choice. From there, everything else can fall into place. If money weren’t an issue, what would you do with your life? By taking money out of the equation, you get to the heart of what you really want—and then you can figure out how to get there. Christine Mathieu is a Financial Life Planning® Advisor and the author of “From Wisdom to Wealth: Insights to Creating Your Path to Wealth.”
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If I did not think this was a pretty good article I would have never gone through the agony of editing and posting - The formatting in this program is horrible - This will greatly influence my future posting - It is much more than copy & paste here - <3 <3 UNEEK <3 <3 The Tangled Relationship Between Wealth & Money By John Michael Greer And why we're focusing on the wrong economic 'fixes' Tuesday, January 22, 2013, 8:43 AM One of the most dangerous mistakes possible to make in trying to understand the shape of the economic future is to think of the fundamental concepts of economics as simple and uncontroversial. They aren’t. In economics, as in all other fields, the fundamentals are where disguised ideologies and unexamined presuppositions are most likely to hide out, precisely because nobody questions them. In this and future essays here at Peak Prosperity, I will explore a number of things that seem, at first glance, very obvious and basic. I hope you’ll bear with me, as there are lessons of crucial and deeply practical importance to anyone facing the challenging years ahead. This is, above all, true of the first thing I want to talk about: the tangled relationship between wealth and money. Our co-host here, Chris Martenson, likes to remind us all that money is not wealth, but a claim on wealth. He’s quite right, and it’s important to understand why. Money is a system of abstract tokens that complex societies use to manage the distribution of goods and services, and that’s all it is. Money can consist of lumps of precious metal, pieces of paper decorated with the faces of dead politicians, digits in computer memory, or any number of other things, up to and including the sheer make-believe that underlies derivatives and the like. Important differences separate these various forms of money, depending on the ease or lack of same with which they can be manufactured, but everything that counts as money has one thing in common – it has only one of the two kinds of economic value. The Two Kinds of Value Economists call those use value and exchange value. You already know about them, even if you don’t know the names. Odds are, in fact, that you learned about them back in elementary school the first time that one of your classmates offered to trade you something for the cookies in your lunchbox. You then had to choose between trading the cookies for whatever your classmate offered and eating them yourself. The first of those choices treated the cookies primarily as a bearer of exchange value; the second treated them primarily as a bearer of use value. All forms of real wealth – that is, all nonfinancial goods and services – have use value as well as exchange value. They can be exchanged for other goods and services, financial or otherwise, but they also provide some direct benefit to the person who is able to obtain them. All forms of money, by contrast, have exchange value but no use value. You can’t do a thing with them except trade them for something that has use value (or for some other kind of money that can be traded for things with use value). Most people realize this. Or, more precisely, most people think that they realize this. It’s still embarrassingly common for people to forget that money isn’t true wealth, and to assume that as long as they have some sufficiently large quantity of some kind of money that’s likely to hold its exchange value over time, they’ll never want for wealth. This assumption is understandably made, because in the relatively recent past, this has been true a good deal more often than not, which feeds the belief that it will always be true in the future. But that assumption is lethally flawed, and it’s important to understand why. The Economic Relationship between Money and Wealth For the last three hundred years, as industrial society emerged from older socioeconomic forms and became adept at finding ways to use the immense economic windfall provided by fossil fuel energy, there have been two principal brakes on economic growth. The first has been the rate at which new technologies have been developed to produce goods and services using energy derived from fossil fuels. The Industrial Revolution didn’t get started in the first place until inventors and entrepreneurs found ways to put the first generation of steam engines to work making goods and providing services. At every step along the road from that tentative beginning to today’s extravagantly fueled high-tech societies, the rate of economic growth has been largely a function of the rate at which new inventions have appeared and linked up with the business models that were needed to integrate them into the productive economy. That’s the source of the innovation-centered strategy that leads most industrial societies to fund basic and applied research as lavishly as they can afford. The second major brake on economic growth is the relationship between the economy of goods and services, on the one hand, and the economy of money on the other. Just as wealth and money are not the same, as we’ve seen, the economic processes that center on them are not the same. The printing and circulation of money is not the same thing as the production and distribution of nonfinancial goods and services, and ignoring the difference between them confuses much more than it reveals. In my book The Wealth of Nature, I called the economy of goods and services the 'secondary economy,' and the economy of money the 'tertiary economy,' with nature itself – the ultimate source of all wealth – as the 'primary economy.' For the purposes of this essay and those to come, though, we’ll use simpler labels and call them the 'wealth economy' and the 'money economy'. During this three-hundred-year timespan, when the money economy stayed in sync with the wealth economy, economic growth normally followed. When the two economies got out of sync, on the other hand, growth normally faltered or went into reverse. There were (and are) two ways that the money supply can slip out of its proper relationship with the wealth economy. The first occurs when growth in the money supply outstrips growth in the production of real wealth, so that the more money is available to compete for any given good or service, and prices normally go up. That’s inflation. The second occurs when growth in the money supply fails to keep up with growth in the production of real wealth, so that less money is available to purchase any given good or service and prices normally go down. That’s deflation . Fighting to Keep the Economies in Sync In either case, the imbalance hinders the ability of the wealth economy to keep producing goods and services, mostly by throwing a monkey wrench into the machinery of investment — the process by which the money economy allots extra wealth to the producers of wealth to assist them in expanding their ability to create real, nonfinancial goods and services. Whether it’s inflation or deflation that chucks the wrench into the gears, the result is flagging or negative growth. It’s the hope of keeping inflation and deflation in check that motivates the obsessive tinkering with economics on the part of so many of the world’s governments these days. However poorly that tinkering works out in practice (and it usually works out very poorly, indeed) the politicians can at least claim to citizens that they’re doing something to get economic growth back on track. Most economists, and for that matter most people who consider economic issues, think and act as though these two factors — the rate of innovation and the money economy’s habit of getting out of sync with the underlying economy of real wealth — are still the only factors that can get in the way of growth. That’s why proposals for putting an end to the current economic mess focus so narrowly on more innovation, on the one hand, and finding some way to gimmick the money economy so that it no longer drags on the wealth economy, on the other. Now, of course, scarcely any two people agree on what measures will get the two economies in sync again. Similarly there’s no general agreement over where government support for innovation ought to go. But there’s near-universal agreement that getting these two factors to work right is the way out of the ongoing global economic crisis. The Tangled Web We've Woven The disagreements between partisans of various economic schemes, and between proponents of various new technologies, make it easy to miss the fact that something is happening that’s clean outside the box of contemporary economic thought. The wealth economy and the money economy are certainly out of sync just now, but the problem isn’t in the money economy; it’s in the wealth economy. The production of real goods and services has run up against limits that are not financial in nature, and today’s economic orthodoxies can’t even imagine that possibility, much less respond to it in any useful fashion. There simply is too much money chasing a limited (and, in some cases, shrinking) supply of real wealth. 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