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Using an Inheritance to Teach Your Problem Child a Lesson

Using an Inheritance to Teach Your Problem Child a Lesson

PARENTS want to raise their children to be independent and successful and to use whatever resources they have to give their offspring a leg up in life.

But it’s sometimes difficult for parents to find the right balance between making financial and professional resources available and encouraging their children to grow into independent adults. I have written a lot over the years about the counsel that parents seek to help them do this. A whole industry now exists around “next generation” advice and about how to “launch” children into adulthood.

And let’s be honest: if affluent parents were not anxious that their children could end up as alcoholics, say, or plagued by bad decision-making, this industry would not exist.

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Source: New York Times

My Comments:
Great article about passing wealth on to your kids…a good read.

China’s Rise Isn’t Our Demise

China’s Rise Isn’t Our Demise

I FIRST visited China in 1979, a few months after our countries normalized relations. China was just beginning to remake its economy, and I was in the first Senate delegation to witness this evolution. Traveling through the country last month, I could see how much China had changed in 32 years and yet the debate about its remarkable rise remains familiar.

Then, as now, there were concerns about what a growing China meant to America and the world. Some here and in the region see China’s growth as a threat, entertaining visions of a cold-war-style rivalry or great-power confrontation. Some Chinese worry that our aim in the Asia-Pacific is to contain China’s rise.

Click the source link to read the full article…

SourceThe New York Times

My Comments:
This is a really great article on China by the Vice President.  It outlines the reasons why the U.S should not worry about China’s rise.

How Can I Invest And Be Fabulously Rich?

How Can I Invest And Be Fabulously Rich?

My experience tells me that people who want to be rich are the first ones who get taken advantage of in investment scams.  And the same thing happens in debt relief scams.  The thieves are just waiting with promises of fast results. Those promises are exactly what these folks want to hear so they only to happily fork over their hard-earned cash. In most every case, these exchanges end up costing these people everything.

So my best advice to you if you’re interested in investing like rich people is to focus on building wealth and do it one day at a time.

Click source link to read full story…

Source: Wealth Pilgrim

My Comments:
Neal is one of my must reads each week.  He is a financial advisor that knows his Sh@#.  This is a really great article that speaks to the seeking of wealth.  It is a must read if you care about growing wealth…not just being rich.  Yes, there is a difference…!

Rupe’s YoB: Phase III-Day 9(Th8) – Arms

Rupe’s YoB: Phase III-Day 9(Th8) – Arms

Narrative: (115min)
Really good morning cardio and mid-day lift.  For the first time in a while I was able to get through my entire session without any major deficit in my lifts. Pushing hard right now, feeling food.

Abdominal Exercises:

    1. Oblique (L and R) Crunches – 4 sets of 25 reps – 200
    2. Hanging Leg Raises – 4 sets of 25 reps – 100
    3. Lying Left Crunches – 4 sets of 25 reps – 100
    4. Lying Center Crunch - 2 sets of 25 reps – 50
    5. Lying Right Crunch – 4 sets of 25 reps – 100
    6. Decline Crunches – 4set of 25 reps – 100
Monday – Arms (Time: /1min rest)
Biceps
Exercise Sets Reps Weights
Barbell Curl (bar only) 4 20, 15, 12, 10 45,55,55,65 lbs
Dumbbell Curl 3 15, 12, 10 25,25,25 lbs
Concentration Curl 3 15, 12, 10 25,25,25 lbs
Triceps
Exercise Sets Reps Weights
Close Grip Dumbbell Press 4 15, 12, 10, 10 40,40,40 lbs
Weighted Bench Dips (up cts – 0 weights) 3 25, 25,25  0,0,0 lbs
Dumbbell Extension Tricep Pushdown 3 15, 12, 10 90,100,110 lbs

Cardio: 61 mins
Distance: 4.5
Calories: 1030
Crunches: 650

Tracker
Total Distance: 203.49 miles (Goal 400/196.51 remain) *
Total Calories: 53,559 (Goal 80,000/26,441 remain) *
Total Crunches: 2625 (Goal 25,000 / 22,375)

Good livin’…keep movin’!
-R-

The Truth about Calories

The Truth about Calories

YOU CAN’T GO ANYWHERE WITHOUT being confronted by calories. Restaurants now print calorie counts on menus. You go to the supermarket and there they are, stamped on every box and bottle. You hop on the treadmill and watch your “calories burned” click upward.

But just what are calories? The more calories we take in, the more flab we add—and if we cut back on them, then flab starts to recede too, right? After all, at face value, calories seem to be the factor by which all foods should be judged. But if that were true, 500 calories of parsnips would equal 500 calories of Double Stuf Oreos. (If you want to make the best food choices at the supermarket, drive-thru, and in your own kitchen, check out the all-new Eat This, Not That! 2012.)

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Source: Men’s Health

My Comments:
Pretty interesting article, I would suggest reading the book titled – “Why we are fat, and what to do about it” by Gary Taubes

Grab it now at Amazon