Managing in the Style of Queen Elizabeth I

(photo credit: Zyllan Fotografía via Flickr)

(photo credit: Zyllan Fotografía via Flickr)

I mentioned in an earlier blog entry that I was taking a Teaching Company Great Course on the History of England from the Tutors to the Stuarts in preparation for a trip to Wales, Northern England, and London.

Today, the instructor, Professor Robert Bucholz of Loyola University in Chicago, introduced Elizabeth I, the grand Queen of England from 1558 to 1609.

Elizabeth I was a master at getting people to do what she wanted them to do. Following on the horrific reign of her sister, best known as Bloody Mary, her subjects feared another inept female monarch. After all, a Queen defied the Great Chain of Being — which linked the “King” from God to man. But through careful actions, she won the love and respect of her subjects.

How did she do this?

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Want to Save More Money? Get A Second Job!

(credit: Adam Lederer via Flickr)

(credit: Adam Lederer via Flickr)

I can hear what you’re probably screaming.

I can’t get a second job  –  I’m already way over committed with the job I have, with my family, and with my life.

How could you possibly suggest I get another job? 

Liz, you must be so out of touch with reality that you throw anything out there.

Even with all the noise I’m hearing (granted, it’s in my head, but I think I’m probably not far off) I still think it’s a good idea to get a second job. Let me explain.

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Want to Be More Productive? Give Yourself a Break

Courtesy Benjamin Reed via Flickr

(Credit: Benjamin Reed via Flickr)

It’s been a busy couple of weeks. I’ve gotten back from traveling to the UK where I visited friends in Wales, attended a book festival in Harrogate, and then played in York with a friend from London for a couple of days, before heading back to London, and then home.

When in Harrogate, I had tickets to a presentation by J.K. Rowlings. I met her when she was signing my first edition copy of The Silkworm, her latest novel, as Robert Galbraith. (I’ll tell you about that later.)

A few weeks ago, getting ready for the trip, polishing the Improbable Millionaire ebook, writing blogs, and still trying to manage my life was getting exhausting.

When I was unable to sleep one night a few days before my big trip, I struggled the next day. (A dentist appointment didn’t help my spirits any.) Although I did some things that day and the next, I really beat myself up for not accomplishing more.

But driving to my exercise class, the windows down in my little car, my mood suddenly altered.

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How I Use Yahoo Finance to Track Stocks

Yahoo Finance Page

Finance.Yahoo.Com offers news and stock tools, plus personal portfolios

Besides Scottrade, which has excellent research tools including tutorials on investing, the place I go to most often to get information about stocks is Yahoo finance http://finance.yahoo.com/.

To be honest, I liked the site much more before they junked it up with so many inane advertisements — why Ellen Degeneres has been crying on the main yahoo finance page for months perplexes me — but I’m sure someone has a good reason for paying lots of money to do just that.

Regardless, even sifting through the junk, there is a fountain of information available on Yahoo Finance. Remember, though, that any information can make its way onto Yahoo — and since they promote drama and sensationalism over confidence and reason — proceed with caution.

Their numbers are good though —  most of the time  — and their stock quotes are real-time. That’s what I like the most. … Read More

An Investing Mantra: ‘This Too Shall Pass’

(credit: David Amsler via Flickr)

(credit: David Amsler via Flickr)

My Mother used to comfort me when I was a small child when I was sad, by telling me that “this too will pass” knowing that the importance of the event that made me sad would diminish over time.

Eckert Tolle also discusses this idea when teaching us how to live in the moment in The Power of Now.

But I believe that the concept also has relevance to investing.

For example, markets never stay in bull or bear modes forever. Wherever we are at any one point time will pass, not always quickly, but eventually market conditions will change. The same is true of “hot markets” or “hot stocks” or “hot commodities.” Just because they are going up today does not mean that they won’t go down tomorrow. What goes up does go down.

But the opposite can be true — not always, but often enough. The stock that goes down can also go back up.

What does this have to do with our investments?
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