Q & A : How can a successful approach be so simple?

Posted on June 10th, 2009 in Investing, Q & A | Leave A Comment

Q : Spencer, If the successful approach (e.g. Rainbow Portfolio ) is so simple, why isn’t it exploited by all the funds out there? (Also, what is the expectation for the fund and upcoming (two year) market? ~H

A : Dear H,

Most funds are set-up to be actively managed funds.  I think that most investors like the possibility of making a killing and the Rainbow Portfolio doesn’t offer that.  So, even though over 90% of professional fund managers underperform the index funds, they keep at it because it’s so exciting to people to pick a fund that is smarter than the rest.
Over such a short time frame like 2 years, I have no idea what the fund will do.  It also depends on how much of the fund you decide to allocate to our fixed income category.  Over longer period of times, it has averaged between 5 to 13% per year.
Spencer

Q & A : Hamster In a Wheel

Posted on June 1st, 2009 in Investing, Q & A | Leave A Comment

Q : Dear Spencer,
I feel like a hamster in a wheel.  I am a money saver.  I have ever shifting goals (forever higher) for my bank balances.  I am constantly plotting how much I will have in the future which takes all the joy out of today.  I become anxious if I cannot save the projected amount I had planned.  How can I free myself with this saving fixation?  It is making me and my family miserable.

~R

A :

R -

Recall a time in childhood when you learned to just save and save. Realize that all your saving habits originate in childhood.

Do the Actual Net Worth statement on my website and in my book.

Read my chapter on Sufficiency. Nobody ever gets to their future savings goal. We all want and more. The solution to the wanting mind is to write down your financial gameplan with the assumption that you have all the money you’ll ever have right now.

Start spending small amounts of money on pleasure items even if it feels uncomfortable.

Look into attending my Esalen or Harbin workshop.  A workshop will allow you to go into these issues deeply and will accelerate your progress. See www.currmoneymadness.com/register.

All the best,

Spencer

Q & A : 4000.00 in debt plus car loan of 8000.00….

Posted on May 11th, 2009 in Excersises, General, Investing, Q & A | 1 Comment

Q :
I am a 52 year old woman and in 1980 I broke my back and was paralyzed from the waist down.  Wayne Dyer came to see me and encouraged me to walk again and I do but am in constant pain.  It is difficult to work alot. I collect worker’s comp and make a small amount on my own.  I am now 4000.00 in debt  plus my car loan of 8.000 dollars.  I am barely making it and have trouble not flying into fear.  What  suggestion can you give me to stay calm and not so scared.

~C.V.

A :

  1. Find a friend who has no agenda with each others  financial ally or money mentor and meet 4 times a year w/this person to review your finances.
  2. Start collaborating with your friends; you might surprise yourself with a new source of income.
  3. Do the Intentional Spending statement that’s on my website, under tools and resources on the home page.
  4. Read my book – it is all about getting out of fear and into your creativity and wisdom around money
  5. Do the money breath everyday that’s explained in book.

Good luck and remember that there are billionaires in poor health who would envy your situation.

Cure Money Madness : Money Beliefs

Posted on November 23rd, 2008 in General, Investing, Q & A, Tips | Leave A Comment

Q :  Can you please provide specific and concrete steps for releasing the  limiting beliefs around money I currently have and replacing them with new and expansive beliefs.

A : The first thing is to become aware of your feelings during every financial transaction you make:  investing, saving, spending, talking about what dinner cost, giving your kids their allowance, responding to a charitable request.  What is your belief about money in every situation?

Now ask yourself:  what would your life be like without that limiting belief?  The answer to that question will be the seed for the creation ofa new curative money message.

Some blogs I found about Money Beliefs :

Manifesting Joy: Emotions, Money and Law of Attraction – Joy: Joy Falan is a lifelong student of spiritual principles, manifestation and conscious living. She has applied the true power of thought and belief in her own life and shares her insights with others through her writing. …

The 8 Fundamental Steps To Building Wealth To Create Financial Freedom – You must be able to make the changes necessary to bring money and wealth into your life. We have been conditioned about our money beliefs from a very young age from people around us that loved us very much, like our parents, …

what are your money beliefs? – did you ever hear them talk about money? in most cases, your beliefs about money are based on what you heard as a child. these staircase conversations set a view for children about how they should view the world about money and other …

Cure Money Madness : This is an amazing opportunity right now.

Posted on November 12th, 2008 in Q & A | 2 Comments

Question : Given the current state of affairs even on the international financial scene, what considerations should I give to investing my $50k? Is this a bad time for any new investing? (my wife and I are brand new to anything more than money market funds)

Spencer : The funny thing about the financial markets is that it is possible to make an absolute statement:  Buying low has ALWAYS been a successful strategy.  Not sometimes, always.  Given that guarantee, you have an amazing opportunity right now to buy companies at a huge discount.

Some articles of interest  :

Safe Places to Invest Your Money in a Bad Economy | Money Smart Life – Safe Places to Invest Your Money in a Bad Economy. November 26, 2008. The stock market has seen huge losses and the economy is stumbling around like a drunken sailor, trying not to collapse; where should you put your money (other than …

If You’re Too Scared to Invest… | AllFinancialMatters – The article, Is Buy and Hold Dead?, contains this interesting tidbit on how bad people are at timing the market:. You can’t time the market. We’ve got proof. If you get out now, when will you get back in? “You really have no choice but …

Why This Is A Great Time To Be A Real Estate Investor! | Real … – Even in a so-called bad market, there are a lot of real estate investors making money.

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