Day 2 now on Sobriety 2.0, The Next Generation. Hope that isn’t a copyright or trademark and I will soon find myself with a law suit. That would certainly drive me to drink
I move forward with no ill after effects of my recent decision to have a drink. I won’t refer to it as a “fall” or anything negative. After all, it was my decision. It wasn’t done as a result of frustration, although I was feeling stressed earlier in the day and was thinking about drinking. No, I consciously decided to go out to dinner and have some wine with my meal. I viewed it in a positive light and will continue to do so. It will only be negative if I find myself using it as an excuse to hit the bottle again and get drunk. So far that hasn’t happened.
And actually, I’m feeling quite positive this morning. I got an e mail from a woman in Singapore who writes a futures trading blog. I asked her to review my blog at http://www.assetdesigncenter.com and if she liked it, to add it to her blog roll. She responded this morning and liked what I am doing. In fact, I’ve gotten many nice comments on my newsletter and blogs. People tell me that ‘you really know your stuff,’ you’re on the right track,’ ”you’ve really got something there,’ etc.
I searched my company name on Google and it is getting more prominent. Really, this is my judge of success. I’m not one of those people who are going crazy to do the SEO and get to the top of the list. Hey, I’m not even selling anything yet. I’m just putting my stuff out there. Anyway, I was excited to see that others have picked up my blog writings and posted it on their websites. My Ezine articles have been published elsewhere many times now. So this is a positive thing and I feel that I am on the right track. I want to grow my business and build my brand name.
This past week, I’ve made the effort to get out and start getting involved in organizations. I’m always a bit against it because I move around so much. I hate to join something or take on some responsibility then find myself moving. I wish I could have some roots. But I have been seriously thinking of staying in the Chicago area and trying to make a stand here. It’s just that the taxes are so high here. Might as well go back to California where at least the weather is nicer and the sun shines every day.
I also mentioned in yesterday’s blog how I am getting involved in the Community Relations thing. I can’t think of anything that could lift up my life more than this. I’ve been in the financial planning industry for many years now. My focus had been the ultra-high-net worth client with more than $10 million. I guess that’s not so much anymore but ten years ago, it was a lot of money. There are times though that I get so disgusted with my work thinking how tired I am of making rich people even richer. And then you know the funny part is, the rich people, they aren’t happy. The money hasn’t made them happy at all. In the end, they are scrambling to get rid of their money so that the government doesn’t take half of it away in taxes. It seems so silly that people focus their life on money, foresaking everything else and then in the end, they can’t get rid of it fast enough.
And not only that, it’s sad to hear the stories that they tell when working out their estate distribution plan. Many heirs get cut out totally and you hear stories of how so and so was trying to kill me, so and so was trying to steal my money, so and so did this, so and so did that. And us regular people think that WE HAVE PROBLEMS? Are you kidding me????
If you think that being rich would change your life, it wouldn’t. It just brings on a whole new set of issues. You can never feel secure in knowing that people love and accept you for who you are. You can never totally trust that people aren’t only liking you for your money. Having worked with this class of people, it’s easy to see why many of them commit suicide. The rest of us can only shake our head in wonder thinking that they had everything. How could they possibly end their life?
The truth is, none of us have it made. Life is hard for each and every one of us. For those of us who think that others we know have it made because they only share with us the positive things, know that they too have the troubles and concerns that we all have. They are just too proud to share or don’t want to share for whatever reason. Don’t ever believe that someone else has it better than you. No matter what your condition is. We all have our blessings and our troubles.
Ummm, how did I get to here? OHHH, yes, well, let me tell you. One of the greatest things that I can do for Humanity is to talk about the Success to Significance story. While it applies mostly to the rich, it can apply to all of us.
Those who have worked hard and amassed a great fortune have achieved their success. But what does it mean? Not much. So you’ve got the money, so you live in a great big house and travel the world and drive nice cars and have it “made in the shade.” But now what?
When you die, unless you have planned well, perhaps half of your wealth is going to be shifted to Social Capital. Whether you like it or not, half of your estate will probably go to social capital. And now, with a socialist in the White House, do you expect that he will try to shift even more of your money to this “social capital?”
When you die, half of your money is going to go to the default Charity, the IRS. Yes, the estate tax burden is heavy and Uncle Sam is going to take your money. And what is Uncle Sam going to do with it all? Probably use it to pay interest to the Chinese since they own all of our debt. Isn’t it nice to know that all of the wealth that you have worked so hard to amass will probably go to foreigners to pay interest on the national debt? Or, if we continue to fight wars, it will also go for that. It will probably also go to fund abortions and many other things that you may detest!
Since you will be required to contribute to social capital, wouldn’t you want to direct this social capital to causes you support instead of letting the government use it as it chooses? Yes? No? Don’t care? Of course you care.
There are estate planning strategies that can allow you to shift as much wealth as you wish to your heirs and pay $0 in estate taxes. I know. I’ve done this kind of planning for years. And it’s all legal. All of the estate strategies used are plain vanilla strategies that are written into the tax code. You don’t need fancy, complex strategies that require that you read a White Paper, sign confidentiality forms and have insurance to cover your tax risk. It’s all straight forward and legal.
Anyway, I could go on and on and on with this but I won’t in this episode. But I will start writing more about this in other blogs. If you want to know more about it or know rich people who find their life is empty, we should talk. Being charitable and establishing a legacy is a wonderful thing and usually gives rich people, who have become bored with their lives, something to be excited about. A new purpose in life.
I encourage anyone out there who reads this blog to comment and encourage. Let’s all get the message out. There are trillions and trillions of new dollars being pumped into the economy today. Obama and the Federal Reserve are doing it. Why can’t we all take a stand and start shifting some of this money to people who really need it? There is no need for socialism in this country. Capitalism works fine. It’s up to us to encourage rich people to establish a legacy and be a part of taking care of the needy. Why is there hunger and poverty in the US? WHy are people sick and dying of easily cured diseases? It’s not right and it’s up to us to fix it. Even if we don’t have the money, we can get the word out.
It is in helping the needy that we can truly be fulfilled. By helping the needy, we are “DOING GOD’S WORK ON EARTH”