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Beware of Evidence Based on False Investment Assumptions

I have seen/read several "experts" or "pros" who quote stats supporting the widespread use of  selling covered calls a...

Wednesday, June 15, 2016

AirBnB and A Suitcase of Sardines

Tim Ferriss has catapulted himself into a "self help" or "success guru"
by taking his personality type and standardizing it into a career path.
He has outrageous curiosity and has allowed it to lead him to experiment with all kinds of
success and performance strategies.

He then writes about his real life experiments and discoveries in his book series with the titles:

Four Hour Work Week
Four Hour Body
Four Hour Chef

Although some of Tim's exploits are outside of my personal comfort zone, I do appreciate his chutzpah and that he has carved out a multi-million dollar niche for himself simply by what......by being himself.

What can each of us do to maximize our innate leanings? Curiosity does not kill the cat. Curiosity can make for a fine fat cat.
 Are you naturally detail oriented? Love to share your discoveries with those less adventurous?
Then you may naturally be drawn into writing online, making youtube videos and publishing a plethora of items describing how we can learn from your own exploits.

That is all it really takes to mold an online presence into something valuable :)

Peaceful prosperity,
Carla


Monday, June 13, 2016

Income Sharing Agreements Instead of Student Loans?

I was reading an article from Kiplingers Personal Finance Magazine
"AN ALTERNATIVE TO STUDENT LOANS, Income-share agreements swap debt for a portion of future salary" by Kaitlin Pitsker (July 2016 issue)
 
 about how some  American students are wiggling their way out of student debt by signing
"Income Sharing Agreements".
These contracts force students to fork over a certain percentage of their future incomes to pay off any student debt. These contracts can last as long as 15 years into your career.

Without rehashing the article, I am wondering if any of the Canadian universities are considering adopting similar methods? Do you think this is  a reasonable concept? Is it in the students' best interests? Or is it just another cash grab, foisted on those young and financially vulnerable?
Does it like "Lunch bag let down" for newly educated young adults pouncing on their first great job?

Or could it be a realistic solution to preventing debt overload?

Looking forward to hear your comments as always,

Peace,
Carla