Archive for December, 2008
Have That Nagging Feeling? GUILTY!
December 31st, 2008. Published under UrbanSpeaker. No Comments.
Many people struggle with the constant nagging feeling of guilt, as if they are not completing enough tasks at work, that they have committed some wrong or a variety of other demoralizing ideas.
For many people suffering from guilt, it can be difficult to function without being reminded of some past action. There are three main types of guilt, and are as follows:
Legitimate Guilt
This is a healthy guilt based on your response to something you have done that is actually wrong.
Christmas Post - Putting The Eggs In One Basket
December 25th, 2008. Published under UrbanSpeaker. No Comments.
Merry Christmas, Happy Hanukkah, etc to all the US readers! Hope you are having a great time.
Today’s post will be short, concerning putting all your eggs in one basket. With the recent destruction of even more personal wealth through the Madoff scandal, I thought this would be a fitting topic.
Warren Buffett said diversification is important, but it is better to put all your eggs in one, well-planned basket, then guard that basket with your life.
One Seized is One Lost, This is Opportunity Cost
December 21st, 2008. Published under UrbanSpeaker. No Comments.
I have been around the mall more often then usual with it being Christmas and all, and have been berated with loud signs proclaiming “50% of everything in store!”. Many of these deals have been catching my eye with the promise of more for less. However, often when people see a good deal they only are looking at the discount they are getting. But, this is not the cost they should be looking at.
“But what should we look at Mr. Speaker?”
“Why that’s simple! Opportunity cost!”