Searching For Love And A Little More Money

Oh, the monotony of it all!  Imagine clocking in, day in and day out with really no change to your job.  You’ve got little risk of getting fired, and in 10 years you’ll retire with several million to last you a lifetime.  In the back of your mind, you wish you didn’t have job security because you despise boredom.  At the same time, you realize you’ve got it made and shouldn’t be so spoiled in your thinking.

One day a headhunter gives you a ring asking if you want an opportunity to make 50% more money a year guaranteed for two years.  The catch?  You’ll be working for a start up with no such promises of job security after year two.  You’ll also have to move to a different city where the cost of living is also 25% higher.  The hours and stress will most certainly more as well.  Welcome to Kathy’s world.

10 YEARS COMPLETED, 10 YEARS LEFT TO GO

The Good Times Are Back Again – The Indulgent List Of Things

Look around.  What do you see?  I see packed buses, traffic jams, busy open houses, expensive restaurants with only 9pm seatings, and friends finding new jobs again.  Double dip recession?  I don’t think so.  With the Dow over 10,500 and the S&P 500 over 1,020, it’s as if last year was just a bad dream.

Yet, it is exactly during good times, when we must be more diligent about our finances. It’s so easy to forget how bad things were and stray.  Rather than spend more money, save more money during upswings so that we can spend more money during downturns.

When times are good, it’s not necessary to spend more money to create any sort of additional fulfillment or pleasure.  We’re getting paid more, the opportunities for promotions are greater, and the demand for our services surpass our supply.

In essence, we feel good because we feel wanted again.  It’s when a downturn hits when money can help balance the mood out a little with some retail or food therapy, or maybe even a vacation.  In essence, spend money counter-cyclically for better returns.

DAY DREAMING TO RELIEVE DESIRE

Over The Hill At 40 – Age Discrimination In The Workplace

Every large corporation has some type of annual “Diversity Training” course where we learn not to harass colleagues, send out crude jokes over e-mail, and discriminate against those unlike ourselves.  Everything generally makes sense except for one rule that I once read: “One shall not discriminate against someone over 40.”  I thought about this for a second, and I began to wonder if they had made a typo.

At age 40, one will have worked for 18 years out of college or 15 years out of graduate school on average.  If the accepted age of retirement is 65, or 25 years away from 40, then the rule is implying that age discrimination starts before you are even half way through your average 40 year long career!

The other interesting fact is that most people are living longer nowadays.  Forties are the new thirties as they say.  People are looking younger and younger at various age milestones.  Hence the question, why 40?  Let’s explore the various reasons.

NEGATIVE PERCEPTIONS ABOUT OLDER WORKERS

Doing Anything You Can to Survive – Silence And Surprise In The Night

The poker game ends and the team of entrepreneurs and new media types say their good-byes.  I leave up $51 bucks, which is a nice return given my $100 buy-in, but it’s a pittance against others leaving with wads of cash big enough to substitute for butt-cheek implants if so desired.

The last time I was out until 3:30am was when George W.  proclaimed we won the war.  There are so few cars on the road, when I do see one, I wonder what trickery lies ahead.  There’s a certain tranquility one feels when others are sleeping.  Dim yellow lights glow in San Francisco’s misty haze.  Nobody bothers you because nobody is conscious enough to care.

Almost home, I decide to instead drive towards the Bay and take in the silence of black murky waters and a revolving spotlight that perpetually emits from Alcatraz.  I wondered if this calm is how Frank Lee Morris felt before he tried escaping The Rock some 48 years ago.

TAP, TAP, KNOCK

The Elegance Of Failure

The following is a guest post from Neal Frankle at Wealth Pilgrim.  Neal is a dedicated father, insightful financial adviser, and honorable Yakezie Challenger who always writes with a breath of fresh air.  You can join his 2,500+ followers on Twitter @NealFrankle.  Enjoy!

Failure is not only a necessary part of life, it can be a beautiful part of life.

This may sound like crazy talk.

After all, if you are a hardworking person, you work hard because you want to succeed, not fail.

And failure stings.

It hurts.

Man….it hurts.

That pain is real….but despite that temporary pain, those set backs are likely key ingredients to your future success. And the success I’m talking about dwarfs financial or career gains.

Let me explain by telling you about an experience I had several years ago.

BACK IN THE MOTHERLAND