A Ponzi scheme is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors, rather than from any actual profit earned. The Ponzi scheme usually entices new investors by offering returns other investments cannot guarantee, in the form of short-term returns that are either abnormally high or unusually consistent. The perpetuation of the returns that a Ponzi scheme advertises and pays requires an ever-increasing flow of money from investors to keep the scheme going.
Knowingly entering a Ponzi scheme, even at the last round of the scheme, can be rational economically if there is a reasonable expectation that government or other deep pockets will bail out those participating in the Ponzi scheme.
Bail out is a familiar phrase these days. Trillions of dollars have just been used to bail out the current US economy and also the European Union. How is it so many Americans can continually believe in a false industry such as banking. Since 1920 when Charles Ponzi duped many of investors, there has a become an awareness for Ponzi schemes first described in Charles Dickens 1857 novel Little Dorrit.
It has been said the biggest Ponzi Scheme in history was discovered on December 10, 2008 when the FBI arrested Bernard "Bernie" Madoff totalling in over $64 billion dollars of loses from duped investors. Yet as the unraveling of bail outs and the current fiat money system of the World unfolds it is very clear to those who have any sense of financial education to recognize the real largest Ponzi Scheme of history which is the Ponzi Scheme of Central Banking. The tax payers continue to pay for the bail outs while the super rich are protected with T-notes of borrowed money from the Federal Reserve. Or in other words Government prints money and inflates the currency system.
One of two things will happen... 1. is total collapse or 2. is floating the Giant Ponzi scheme to a World Currency and World Banking System.
Dooms dayer's can sit and dwell on the fact that it is a dual edged sword, yet it is fact. So the question is what can you do to protect yourself?
1. Invest in your knowledge and financial education.
2. Buy food Storage.
3. Eliminate bad debt, ie debt that takes money out of your pocket and not into your pocket.
4. Invest in commodities, ie gold, silver, wheat, tangible usable items.
5. diversified portfolio in the system. NOT 401k's and IRA's, yet get knowledge in the bull markets and invest there.
The B Side To The Truth is the World Economy is not in a good position. The good thing is this, with the right knowledge many can come out a head through this recession. The bad thing is, many will not take control of their life to gain the necessary knowledge needed for the years to come and many will lose everything.
Start today to change the world by changing yourself. If everyone did that one thing... the world would be a better place.
Colton - discover your true'ness'
Monday, December 6, 2010
Friday, December 3, 2010
True Wealth... and Acts of Service
“The best way to find yourself is to lose yourself in the service of others.” - Gandhi
The reality of life is we get lost in the hustle and bustle of things that do not even matter. As the Christmas season has arrived it is a great time to sit back and analyze the things that do matter. Over the last 4 years, the United States of America has definitely had some major changes that effected millions of Americans lifestyles.
Money comes and goes and for some seems to grow on trees, yet real joy requires no money at all. As I have had the opportunity to travel to Brazil and visit from the north part of the country to the south part of the country I have been able to see from the super rich to the slums of poverty. And believe it or not the happiest people I met were the young poor children. The one that could take the pot and beat it with a spoon and never even hear of an Ipad their whole entire life. As many locations outside of the united states are this way, I realized quickly happiness does not come from money, things, and apparel.
The B Side To The Truth is real happiness and wealth comes from acts of service and simple joys of life. Taking the time to let the stress' of life go and embrace the love of another. The ability to give whether it be time, money, or anything for a positive will develop and cultivate a true feeling of joy and happiness. Not to mention the more you give in a particular thing, the more you will receive in the same. Give more money and more money will find its way back to you. Give more time and more time will find its way back to you. Give more of your knowledge and gain more knowledge.
So during these holiday times take a second to forget about the new fancy jeans, the awesome Christmas lights, the wonderful food, the sweet new electronics and fill that time with joy, love, and service. We have created a fallacy of self-gratification during this time, when it really is a time to cultivate charity and love by giving. Ask yourself... how can I give more at this time in my life?
By giving... you will receive what you truly desire.
Colton - discover your true'ness'
The reality of life is we get lost in the hustle and bustle of things that do not even matter. As the Christmas season has arrived it is a great time to sit back and analyze the things that do matter. Over the last 4 years, the United States of America has definitely had some major changes that effected millions of Americans lifestyles.
Money comes and goes and for some seems to grow on trees, yet real joy requires no money at all. As I have had the opportunity to travel to Brazil and visit from the north part of the country to the south part of the country I have been able to see from the super rich to the slums of poverty. And believe it or not the happiest people I met were the young poor children. The one that could take the pot and beat it with a spoon and never even hear of an Ipad their whole entire life. As many locations outside of the united states are this way, I realized quickly happiness does not come from money, things, and apparel.
The B Side To The Truth is real happiness and wealth comes from acts of service and simple joys of life. Taking the time to let the stress' of life go and embrace the love of another. The ability to give whether it be time, money, or anything for a positive will develop and cultivate a true feeling of joy and happiness. Not to mention the more you give in a particular thing, the more you will receive in the same. Give more money and more money will find its way back to you. Give more time and more time will find its way back to you. Give more of your knowledge and gain more knowledge.
So during these holiday times take a second to forget about the new fancy jeans, the awesome Christmas lights, the wonderful food, the sweet new electronics and fill that time with joy, love, and service. We have created a fallacy of self-gratification during this time, when it really is a time to cultivate charity and love by giving. Ask yourself... how can I give more at this time in my life?
By giving... you will receive what you truly desire.
Colton - discover your true'ness'
Wednesday, December 1, 2010
Beauties of Life
Lately on The B Side To The Truth our consistent theme has been in the financial realm. With the upcoming financial crisis we have been doing as much as possible to get the word out to people to help them protect themselves with the dollar inflation and the weak economy which is falsely growing.
Today however, I would like to touch on a subject that really is why this website started. As the motto goes for us, "Change the World by changing yourself", the reality of life is we have a certain amount of time on this Earth. So today this message is about just being.
On my new blog you can check out at reasonably senseless, I write about the stories our mind tends to create in life, whether good, bad, or the thoughts that makes us feel crazy. Yesterday I wrote about someone that had taken their own life. It really made a hard mental note in those at his jiu jitsu gym. It gives a sense of reality of how precious this life is.
On the new blog it is an attempt to show that everyone has similar mind games in life and give hope of not only a better future but of a better now.
The very essence of existence is beauty in itself. There are five realms to our life: spiritual, mental, physical, social, and financial. A lot of despair in today's world is coming from the fear of not enough. Whether it's not enough money, not appreciated enough, not cool enough, or simply not feeling important.
The B Side To The Truth is each and every person has an incredible amount of worth and value. The secret is to be able to look inside oneself and find it for oneself. Life and bliss is right now. Whether you are rich, middle class, or poor... you have beauty to look at. We spend most of our life worrying about things that in the end they don't even matter. So take the time today to appreciate your beauties of life.
Today however, I would like to touch on a subject that really is why this website started. As the motto goes for us, "Change the World by changing yourself", the reality of life is we have a certain amount of time on this Earth. So today this message is about just being.
On my new blog you can check out at reasonably senseless, I write about the stories our mind tends to create in life, whether good, bad, or the thoughts that makes us feel crazy. Yesterday I wrote about someone that had taken their own life. It really made a hard mental note in those at his jiu jitsu gym. It gives a sense of reality of how precious this life is.
On the new blog it is an attempt to show that everyone has similar mind games in life and give hope of not only a better future but of a better now.
The very essence of existence is beauty in itself. There are five realms to our life: spiritual, mental, physical, social, and financial. A lot of despair in today's world is coming from the fear of not enough. Whether it's not enough money, not appreciated enough, not cool enough, or simply not feeling important.
The B Side To The Truth is each and every person has an incredible amount of worth and value. The secret is to be able to look inside oneself and find it for oneself. Life and bliss is right now. Whether you are rich, middle class, or poor... you have beauty to look at. We spend most of our life worrying about things that in the end they don't even matter. So take the time today to appreciate your beauties of life.
Tuesday, November 30, 2010
Bull Market Vs. Bear Market
A crash really occurs when you suddenly have a violent downturn in the market that then heralds a long bull market. - Ron Chernow
Most individuals do not know the difference between a bull market and a bear market. This is one of the most important investing concept to understand. If you do not understand how the market is going, how do you know what your money is doing?
A bull market is a long-term upward trend.
A bear market is a long-term downward trend.
Right now their are bull markets in Gold, Silver, Uranium, and Commodities. Most people do not and will never invest in commodities. The average person invests in mutual funds, 401k's, and IRA's. The reality is those are in bear markets right now. Yes a downward trend. The argument is, well they will increase on average over 8% a year for the life of the fund. The ignorance in that is this... the largest bear market right now is the $US dollar. It is continually and will continue to lose it's value. Mutual Funds, 401k's, and IRA's are great ways for the rich to steal from your wealth. It is a market of derivatives... the very reason the United States is in the pickle it is in.
The B Side To The Truth is investing is simple when you do the first investment, which is gain the knowledge necessary and have the confidence in yourself to make the right decisions in every realm of life. All of life is based upon patterns, get good at understanding patterns and have the ability to create happiness now.
Colton - discover your true'ness'
Most individuals do not know the difference between a bull market and a bear market. This is one of the most important investing concept to understand. If you do not understand how the market is going, how do you know what your money is doing?
A bull market is a long-term upward trend.
A bear market is a long-term downward trend.
Right now their are bull markets in Gold, Silver, Uranium, and Commodities. Most people do not and will never invest in commodities. The average person invests in mutual funds, 401k's, and IRA's. The reality is those are in bear markets right now. Yes a downward trend. The argument is, well they will increase on average over 8% a year for the life of the fund. The ignorance in that is this... the largest bear market right now is the $US dollar. It is continually and will continue to lose it's value. Mutual Funds, 401k's, and IRA's are great ways for the rich to steal from your wealth. It is a market of derivatives... the very reason the United States is in the pickle it is in.
The B Side To The Truth is investing is simple when you do the first investment, which is gain the knowledge necessary and have the confidence in yourself to make the right decisions in every realm of life. All of life is based upon patterns, get good at understanding patterns and have the ability to create happiness now.
Colton - discover your true'ness'
Sunday, November 28, 2010
Bull Market Top Investments
The Law of Supply and Demand: The more prospects you have for a particular product, the more it becomes worth.
The thing most people miss in their investment portfolio is knowledge. Consider investing 10% of your income in to knowledge and you will become the richest man in Babylon, or at least feel secure with your investments in insecure times.
The top bull market investments are Gold, Silver, and Uranium
The top self-relient peace of mind investments are Food, Water, and Gold or Silver coins.
The law of supply and demand is the center of what controls this life and continual market their of. As inflation and what top economist believe to be hyperinflation means "real value money" like Gold, Silver, and Uranium are top investments. As people begin to realize the fail of the dollar and those who study the markets see that value of paper money no longer exists. This means more people will turn to the Gold and Silver markets to retain wealth. There fore to be able to ride the bull market through inflation one must get on at the bus station. Today is the time to get on the bus. When most people get on the ride it will be over. Imagine getting to Disney Land just in time for it to shut down, yet you already paid to enter the theme park. You have already entered and there is not much time, the question is do you realize it?
Uranium as a top investment?? Why? Every market is driven by the law of supply and demand. As the oil market raises with the inflation of the $US, there will be $5 and $6 per gallon gas prices. There for the demand for other means of energy will increase. The next on demand product for energy is nuclear or uranium. Most all uranium companies will increase their use and their share values are relatively cheap now under $2.00 a share.
Now I am no expert in the stock market, I am an expert in social dynamics and people patterns. As patterns control every part of life, the market is also a pattern. And as history passes us by, history constantly repeats it's self.
Now if one believes in God or not, one must decide to believe in the facts, the World Economic Market is at a pivotal point in history. The difficulty will be amongst the diversified generations. Today's college students and upcoming generation of innovators have only experienced life with technology, i.e. internet, cell phones, and soon to be Iphones and droids. The fact of the matter is they are already conditioned in these walks of life, what this says is "they will be pushing the envelope in innovation." The way business is ran is and will forever change. Those however, who do not take the conscious effort to learn, they will be left behind tragically. The tragedy is the dividing line of the have's and the have not's is increasing as the majority of people will miss the boat as they are stuck in the middle class realm. The one investment to help not just hopefully thrive, yet to survive are those who gain the knowledge in where to invest, those who take control of their own financial situation, and those who can take action.
The B Side To The Truth is live the law of supply and demand on a large scale to your advantage. Do not be afraid to go against the crowd. Usually by the time a crowd gather's around, the excitement has already came and gone. So hop on and ride the bull market up.
Colton - discover your true'ness'
The thing most people miss in their investment portfolio is knowledge. Consider investing 10% of your income in to knowledge and you will become the richest man in Babylon, or at least feel secure with your investments in insecure times.
The top bull market investments are Gold, Silver, and Uranium
The top self-relient peace of mind investments are Food, Water, and Gold or Silver coins.
The law of supply and demand is the center of what controls this life and continual market their of. As inflation and what top economist believe to be hyperinflation means "real value money" like Gold, Silver, and Uranium are top investments. As people begin to realize the fail of the dollar and those who study the markets see that value of paper money no longer exists. This means more people will turn to the Gold and Silver markets to retain wealth. There fore to be able to ride the bull market through inflation one must get on at the bus station. Today is the time to get on the bus. When most people get on the ride it will be over. Imagine getting to Disney Land just in time for it to shut down, yet you already paid to enter the theme park. You have already entered and there is not much time, the question is do you realize it?
Uranium as a top investment?? Why? Every market is driven by the law of supply and demand. As the oil market raises with the inflation of the $US, there will be $5 and $6 per gallon gas prices. There for the demand for other means of energy will increase. The next on demand product for energy is nuclear or uranium. Most all uranium companies will increase their use and their share values are relatively cheap now under $2.00 a share.
Now I am no expert in the stock market, I am an expert in social dynamics and people patterns. As patterns control every part of life, the market is also a pattern. And as history passes us by, history constantly repeats it's self.
Now if one believes in God or not, one must decide to believe in the facts, the World Economic Market is at a pivotal point in history. The difficulty will be amongst the diversified generations. Today's college students and upcoming generation of innovators have only experienced life with technology, i.e. internet, cell phones, and soon to be Iphones and droids. The fact of the matter is they are already conditioned in these walks of life, what this says is "they will be pushing the envelope in innovation." The way business is ran is and will forever change. Those however, who do not take the conscious effort to learn, they will be left behind tragically. The tragedy is the dividing line of the have's and the have not's is increasing as the majority of people will miss the boat as they are stuck in the middle class realm. The one investment to help not just hopefully thrive, yet to survive are those who gain the knowledge in where to invest, those who take control of their own financial situation, and those who can take action.
The B Side To The Truth is live the law of supply and demand on a large scale to your advantage. Do not be afraid to go against the crowd. Usually by the time a crowd gather's around, the excitement has already came and gone. So hop on and ride the bull market up.
Colton - discover your true'ness'
Friday, November 26, 2010
TOP 10 MYTHS FOR AVERAGE FINANCIAL ADVICE
Top 10 myths. Financial Advice for average people. This is why the rich get richer and the middle class and poor are getting poorer right before our eyes, yet no one knows what to do about it!
1. Go to School
2. Get a job
3. Work hard
4. Save money
5. Your house is an investment and your biggest investment
6. Live below your means
7. Get out of debt
8. Invest for the long term in a well diversified portfolio of stocks, bonds, and mutual funds.
9. Retire and the government will support you.
10. Live happily ever after.
Robert Kiyosaki - Rich Dad's Conspiracy of the Rich.
The conditioned myths in each one of us as individuals continues to hold us back. In order to change the results we want in our life we must start with in our own belief system. Start with different language, different words, positive phrases, and to be able to do that, spend time gaining knowledge!
Colton - discover your true'ness'
1. Go to School
2. Get a job
3. Work hard
4. Save money
5. Your house is an investment and your biggest investment
6. Live below your means
7. Get out of debt
8. Invest for the long term in a well diversified portfolio of stocks, bonds, and mutual funds.
9. Retire and the government will support you.
10. Live happily ever after.
Robert Kiyosaki - Rich Dad's Conspiracy of the Rich.
The conditioned myths in each one of us as individuals continues to hold us back. In order to change the results we want in our life we must start with in our own belief system. Start with different language, different words, positive phrases, and to be able to do that, spend time gaining knowledge!
Colton - discover your true'ness'
Thursday, November 18, 2010
Friends and Dollar Signs
Since when was it OK to look at friends with dollar signs in our eyes? - Casey McFarland
In the past couple of weeks I have had the opportunity to meet a variety of people that some could be a wonderful asset and others could be a terrible liability. It truly is amazing to see the fight to survive come alive in people when the economy and typical opportunity begins to shrink.
A couple of weeks ago I met a fellow by the name of Shawn Watkins. He related the fight for survival of the shrinking economy to a billabong in Australia. A billabong is a small lake that get's cut of from the river. In the heat the crocodiles will soak in the water to cool down. Yet as the billabong begins to shrink, the fight to cool down begins to increase as there is less water to go around. That is what seems to be happening in almost every industry in every market right now.
As the billabong of the economy shrinks it becomes easier to see who your friends are. It seems friends are replaced as dollar signs in good times and bad. So be careful, not with people choosing money over you, yet you choosing money over people.
The B Side To The Truth is there is more than enough opportunity to go around. Yet what keeps us from getting our slice of the pie? The first and foremost is the lack of knowledge in a changing market. When times were hot anyone could make money, even those who were uneducated. When times get cold sort of speak, the best investment one can start with is the knowledge and know how. Investing in your education should be a regular expense in a person's life, and I do not mean traditional public school or money making colleges.
A few steps to successful investing in any market:
1. Treat life as a investment.
2. Take the time to get the knowledge and education necessary. We all have 168 hours in a week. Figure out what your time is worth and treat it that way. And every hour you spend educating yourself and creating commitments, then consider this a pay raise on what you are worth per hour. A simple formula given by Neil Strauss is: Know what your time is worth. There's an easy formula to calculate this: Take your earnings for the year. Divide that number by 1760. The resulting number is roughly what you make hourly in a work week. However, considering that statistically most people work for an average of one-third of a work hour, multiply that number by three. Now you know what your time is really worth. Treat it that way.
3. Invest in food storage.
4. Invest in your debt. How do you invest in your debt? Simple create a financial statement that includes your monthly income, monthly expenses, total real assests (remember your personal home is a liability, not an asset. An asset puts money in your pocket, a liability takes money out of your pocket), and total liabilities. Create a plan to decrease your expenses and increase your income.
5. Invest in gold, silver, tangible usable goods, and section 8 housing or housing in the working class range. There will always be a working class.
Colton -discover your true'ness'
In the past couple of weeks I have had the opportunity to meet a variety of people that some could be a wonderful asset and others could be a terrible liability. It truly is amazing to see the fight to survive come alive in people when the economy and typical opportunity begins to shrink.
A couple of weeks ago I met a fellow by the name of Shawn Watkins. He related the fight for survival of the shrinking economy to a billabong in Australia. A billabong is a small lake that get's cut of from the river. In the heat the crocodiles will soak in the water to cool down. Yet as the billabong begins to shrink, the fight to cool down begins to increase as there is less water to go around. That is what seems to be happening in almost every industry in every market right now.
As the billabong of the economy shrinks it becomes easier to see who your friends are. It seems friends are replaced as dollar signs in good times and bad. So be careful, not with people choosing money over you, yet you choosing money over people.
The B Side To The Truth is there is more than enough opportunity to go around. Yet what keeps us from getting our slice of the pie? The first and foremost is the lack of knowledge in a changing market. When times were hot anyone could make money, even those who were uneducated. When times get cold sort of speak, the best investment one can start with is the knowledge and know how. Investing in your education should be a regular expense in a person's life, and I do not mean traditional public school or money making colleges.
A few steps to successful investing in any market:
1. Treat life as a investment.
2. Take the time to get the knowledge and education necessary. We all have 168 hours in a week. Figure out what your time is worth and treat it that way. And every hour you spend educating yourself and creating commitments, then consider this a pay raise on what you are worth per hour. A simple formula given by Neil Strauss is: Know what your time is worth. There's an easy formula to calculate this: Take your earnings for the year. Divide that number by 1760. The resulting number is roughly what you make hourly in a work week. However, considering that statistically most people work for an average of one-third of a work hour, multiply that number by three. Now you know what your time is really worth. Treat it that way.
3. Invest in food storage.
4. Invest in your debt. How do you invest in your debt? Simple create a financial statement that includes your monthly income, monthly expenses, total real assests (remember your personal home is a liability, not an asset. An asset puts money in your pocket, a liability takes money out of your pocket), and total liabilities. Create a plan to decrease your expenses and increase your income.
5. Invest in gold, silver, tangible usable goods, and section 8 housing or housing in the working class range. There will always be a working class.
Colton -discover your true'ness'
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