Why Artists Starve
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Message #1764
Saturday, June 24, 2006
WEALTHY: 3 ways to fight inflation
HEALTHY: The results of a new cholesterol study
WISE: Salvador Dali on success
ALSO IN THIS ISSUE:
5 life lessons from Salvador Dali (Matt Furey)
First impressions of Shanghai (Michael Masterson)
Add "vernacular" to your vocabulary
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By Andrew Gordon
To prevent your investments from being eaten away by inflation, you can buy gold, foreign stocks denominated in local currencies, or TIPS.
Gold is the ultimate hedge against the dollar. When the dollar cheapens because of inflation or a weakening currency, gold retains or even rises in value.
In a year like this, when the dollar is losing ground against all major currencies (and most minor ones too), foreign-denominated stocks will buy you more dollars when sold and converted back into dollars.
TIPS (Treasury Inflation-Protected Securities) are inflation-indexed bonds issued by the U.S. government. They are currently carrying a rate of 2.4 percent plus the rate of inflation, for a total rate of about 5.9 percent. If inflation starts to run higher, the yield on your TIPS will rise at the same rate.
These investments offer substantial protection against inflation … but they're not risk-free. Gold – despite being in the middle of a bull market – could fall. A foreign currency could drop, even against a weak dollar. And if inflation goes down instead of up – against most expert expectations (including mine) – your TIPS could carry a worse rate than garden-variety Treasury bonds.
So don't get carried away in your fight against inflation. Don't invest more than 5 percent of your portfolio in gold or foreign-denominated stocks, and no more than 10 percent in TIPS.
[Ed. Note: Whether you're looking for ways to build and preserve your wealth or simply looking for insightful commentary from Andrew Gordon, ETR's market-beating expert, subscribe to our free Money Insight newsletter ... and give yourself an edge over all the other investors you know.]
""Intelligence without ambition is a bird without wings."
- Salvador Dali
By Matt Furey
"This world was never meant for one as beautiful as you."
So sang Don Maclean in "Vincent" (a.k.a. "Starry, Starry Night"), his tribute to Van Gogh.
Was Vincent Van Gogh too beautiful for this world?
I don't think so.
He was someone who was functional when he painted – but at no other time. He had no idea how to sell his work. He had no idea how to get along with people. His mind was filled with little more than negative images, not only of himself but of the world at large.
Salvador Dali, on the other hand, sold his paintings all over the world while he was living. He connected with people while he was alive. He was engaging and alive in
virtually everything he did. When he spoke, people listened.
Dali was a good friend of Dr. Maxwell Maltz. He was also a fan of Psycho-Cybernetics. So much so that he created a painting for Dr. Maltz and gave it to him as a gift. This same painting appears on the cover of The New Psycho-Cybernetics – the revised edition featuring Dr. Maltz and Dan Kennedy. (It's available at .amazon.com.)
What did Dali understand that Van Gogh – not to mention all the other starving artists out there – didn't?
First, Dali understood that starvation is not glamorous. He understood that there is no such thing as being "too beautiful for this world." You either get what you want out of life or you don't.
Second, Dali understood that there are two orientations toward life: One moves toward the sun, one toward darkness. He understood that you can sail on a sea of calm waters with a helmsman on board your vessel – or you can choose a directionless life, floundering on a raging sea of frustration and failure.
Third, Dali understood that you can view yourself and what you do as valuable … or as unimportant.
Fourth, Dali realized that you can see yourself as larger than life – or you can see yourself as no larger than a small potato.
Last, Dali understood that it isn't talent that causes success. He realized it has far more to do with something called "self-image." He understood that talent is everywhere – but most people with talent have negative images of the possibilities life offers.
Dali became larger than life while on this earth and afterward. His success began on the inside. He pictured more than what he painted on a canvas. His mind was filled with images of success – so he moved toward those images and received them.
Van Gogh's mind was filled with negatives – and he got what he thought about. It was only when his negative mind was removed from the equation that his paintings sold. If he were still alive, he'd still be starving … because that's how he thought of himself.
Van Gogh got from life what he pictured but didn't paint.
So did Dali.
In your own life, you have a choice to make: to be like Dali – or like Van Gogh. One was a prosperous artist; the other starved. Both had immense talent – but talent doesn't make for a successful life.
The key to greatness lies in the way you think – the way you think about your life and what you want from it.
Keep your mental pictures off the things you don't want – and make sure you never add Van Gogh-like negative emotion to the things you do want. If you do that, you're inviting failure … even tragedy.
Picture the good things you want with happy, outlandish, outrageous, Dali-like emotion – then stand back and observe those things becoming part of your reality.
Follow the same type of thinking used by the great Salvador Dali. Sail through life on calm waters with a helmsman in control of your life http://www.psycho-cybernetics.com/zrlcourse.html.
[Ed. Note: Matt Furey, an experienced Internet marketer, is a frequent contributor to ETR. Along with Rich Schefren and Yanik Silver, he will be revealing the most profitable "hidden" Internet income opportunities around in ETR's teleconference series, Secrets of Easy Internet Money. Whether you already have an online business or are just thinking about starting one, you'll want to hear what they have to say. And be sure to visit Matt's website www.mattfurey.com.]
Do You Need To Start Out Small?
If you don't have an Internet business yet, or if your company is smaller than $1 million then you need something different… something that lets you start off small.
One man I know turned $10 into over $500,000. How's that for starting small!
Let me show you how to get a similar Internet income stream running for almost nothing.
- Patrick Coffey
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Today's Action Plan
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The Effect of Zinc on Heart Health
By Jon Herring
Researchers at the University of Kentucky found that a zinc deficiency can increase your risk of heart attack. By triggering inflammation and lowering the body's level of cardio-protective compounds, it can lead to clogged arteries … or worse.
The scientists divided mice into 3 groups. One group was fed a diet with no zinc, the second a diet with a "normal" or control amount, and the third was given a zinc supplement. By the end of the study, the mice given the zinc supplement had the greatest reduction in overall cholesterol levels and triglycerides. Meanwhile, the mice that received no zinc had an increase not only in cholesterol/triglyceride levels but also inflammation.
To maintain healthy zinc levels, you might want to take a multi-vitamin. (The recommended daily allowance is 15 mg.) You should also be eating foods that are naturally rich in this mineral, including oysters, grass-fed red meat, free-range poultry and eggs, beans, Brazil nuts, and almonds.
You Deserve Answers…And Now You're Going to Get Them
If you haven't gained the wealth you crave, you need to do something differently.
Why? Because all change, all progress begins with a single decision, a single action.
Are you ready to seize the final piece of the puzzle? The missing ingredient to coast you all the way to financial freedom? You deserve answers and now you?re going to get them.
In just 30 days from today your life could be in an entirely different place.
Notes From Asia: So This Is Shanghai …
By Michael Masterson
Shanghai is not as clean as Beijing or Xian, but it's enormous. Miles and miles of 30-, 40-, and 50-story buildings. Mostly steel and glass, many fashioned into fantastic modern sculptures. Conspicuously absent from view are the hundreds of cranes I'd been told were ubiquitous here. There are a few here and there, but not even close to the number I saw in Beijing and Xian.
Here, it seems all the vacant spaces have already been filled with skyscrapers. If there are buildings still going up, you hardly notice them from the 32nd floor of the Four Seasons Hotel. Instead, you see thousands of modern buildings stretching in every direction – as far as visibility allows in this smog-filled city.
Shanghai is China's largest and (still) fastest-growing city. Although you are hard-pressed to find two people to agree on a number, the current population is somewhere between 17 million and 20 million, not counting the migrant workers who come in from surrounding towns to work here and the hundreds of thousands of tourists and traveling businesspeople continuously present.
Some other interesting facts about Shanghai:
It's one of the world's busiest port cities.
The vernacular, Shanghainese, is wildly different from the official language, standard Mandarin.
Learning English is mandatory from grade three for Shanghai children.
It's home to the 16th century Yuyuan Gardens, which were once the private gardens of the Ming Dynasty emperors.
The "vernacular" (ver-NAK-yuh-lur) is the native language of a country or locality. The word is derived from the Latin "vernaculus" ("native").
Example (as I used it today): "The vernacular [of Shanghai], Shanghainese, is wildly different from the official language, standard Mandarin.
Michael
Masterson
Copyright ETR, LLC, 2006
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