Thursday, April 9, 2009

Thinking About Things Differently

When you sit and think about things, what do you picture yourself doing, where are you, how are you ? Are you happy, sad, uncertain, scared or estatic ? How you think is how your life tends to be, think about being happy and no doubt you will remember something that made you smile, think about being scared and your mind will go to a time you were frightened about something, your mind controls so much of your life and it has the power to make or break your ambitions and dreams.

The world is coming to an end. At least that is the impression that one could get by reading the headlines doled out by the media. While not believing that the end is near, I will grant that we are in some trying times. This worldwide debacle has the potential to eclipse the Great Depression in severity. People are going to see things we have not witnessed in a few generations.

For this reason, I feel it important for people to change their mode of thinking. Many in the press made an issue of the fact that all stock profits gained by the bull market run over the last decade were wiped out in the last 6-9 months. This completely destroyed the buy and hold model of stock investing. People who adhered to this philosophy realized major losses recently.

This is just one example of how people's thinking needs to change. Another example is the idea of security in one's job. The days of lifetime employment left us 15 years ago. However, many still clung to the illusion that there is safety in a job. Understand this: there is no security in a job. This is something that can be lost at any time. We are witnessing well over half a million people losing their security each month in the United States alone.

http://dennisharting.blogspot.com/2009/04/thinking-about-things-differently.html

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