Planning For Your Life

As I look back on my life it seems obvious that I should have always been a teacher. I was on that track as a graduate student in Philosophy. What do you do with a degree in Philosophy? You teach…Philosophy!

Unfortunately for me, I woke up one day in 1975 and said to myself, “what could I do with a degree in Philosophy? Teach? Do I want to do that? I don’t think so.”

It seems simple enough until you realize, with a lifetime of experience, that you should have been a teacher.

I justify this decision by saying that I was a teacher for the last 22 years. I built my business by doing workshops at companies and adult education classes. I always liked getting up in front of people, even though I am private with most people.

As I have been making this transition from Financial Planner to Middle School Teacher I have begun to reflect on what I have to contribute.

1. I love people. I am genuinely interested in who you are.
   
2. I quickly adapt to my circumstances. I can assess and adjust to let people know that I am with them.
   
3. I know that every person is unique, important and worthy. Everyone wants to excel at something.
   
4. I know that people learn in different ways. Not everyone will understand.
   
5. I know that it is more important to learn how to learn than learn to remember. Know that you can acquire any skill, learn any language, and achieve any goal if you know how to learn.
   
6. I know that if I can reach just one child every year that I will have fulfilled on my destiny.
   

Like most of you, I want to make a difference. We all want to leave some kind of mark, some legacy, even if it is just with our family. We want to be remembered, as a way to keep ourselves alive a little longer.

If you’ve raised children you have already left a legacy. How will your children remember you? How will they relate to you? Whatever it is, you have left your imprint on them.

If you have built a business you have already left a legacy. How will the employees remember you? How will your customers remember you? How will your community remember you?

If you have worked in any profession that requires human contact you have left a legacy. How will you be remembered?

The larger personal goal, yet to be realized, is to know that you have made a difference, that you have made an impression, that you got through to someone, that you connect to people in a way that makes life better for you and them.

With your help I can accomplish this goal. I really would like your assistance in my endeavor by introducing me to any teachers or principals that you know in the Raleigh/Durham area. Any advice you have that you think would help me, please email me so we can set up a time to talk.

I know that I am needed and wanted out there and I look forward to stepping out.

Marc

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Do you sometimes feel like you are connected to something bigger than yourself?

We often go through our days oblivious to anything outside of ourselves and content to ignore the life that is all around us but sometimes life forces us to notice what is always there.

Last weekend Sandy and I took a short trip to the beach (one of the great joys of living in Central North Carolina is the ability to be at the beach or in the mountains within 2 ½ to 3 hours) and I was once again confronted with the majesty, beauty and power that is our living planet.

As we climbed over the bridge on the dunes to the beach I was awe struck at what lay before me. This gigantic body of living ocean lapping up on the shore with the power of untold gallons of water, salt and sand. With every wave crashing on the shore I could feel the very planet inhaling and exhaling life and vitality.

It has been some time since we have been to the ocean so I am sure that the impact of being in the presence of this massive body of water would not have struck me so profoundly had it been a more mundane experience.

What I was left with was a profound feeling of connectedness both with the planet but also to every living person, animal and plant that was present around me. The feeling was so profound that you might even call it a religious experience, a deep gratitude for the senses to experience such beauty, power and grace and the profound sense of my connection to it all.

If you have never had the opportunity to feel a connection like this, I encourage you to take the time to get out in nature, put your mind on hold and just get present to the planet that is alive all around you.

Regardless of what we create as humans there is nothing to compare to what God has created for us. It is free and available at each and every moment of each and every day.

I hope you can take a minute today to experience a little and give thanks for life you have been given.

I am thankful for mine.

Marc

Here is the video of our trip. I hope you enjoy it.

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Last Sunday it happened. The Treasury Department took over Fannie Mae and Freddie Mac, the two largest mortgage holders in the world. The combined mortgage holdings of these two giants is just north of $5.4 Trillion. That is a lot of money no matter what country you live in.

The good news is that the takeover will help to stabilize the markets that have been shaky for months, wondering if these two companies would survive the mortgage meltdown that is occurring here and around the world. The bad news is that it may make it more difficult to get a loan for a home or a business in the months ahead because the plan requires both entities to sharply reduce their mortgage holdings in the future.

The moves by Treasury and Congress a few months ago was designed to allow these companies to increase their lending in both dollars and the size of loans in order to provide some liquidity to the distressed mortgage markets. With the takeover and reduction in portfolios, money will now be exiting the markets instead.

There is also danger in the banking sector as most banks still have not disclosed the extent of the losses from bad mortgage loans on their books. I did notice in the paper this morning that mortgage rates dropped yesterday on the news of the takeover and may go still lower in the future but that is hollow news if the banks and lenders are still unwilling to make loans on any terms.

You see, banks can leverage every dollar deposited by ten times. If they have $1 million in assets they can lend out $10 million. For every dollar that a bank or lender writes off the books he must reduce his leverage or increase his deposits. Right now banks are in a squeeze and you and I are caught in the middle of it.

How did we get into this mess? The blame lies in two areas, from my perspective. First, Wall Street allowed the formation and sale of all of these loans as if they were all AAA credit worthy. Second, Congress took money, lots of it, from Fannie Mae and Freddie Mac to look the other way and make excuses for their risky actions and they are still making excuses today. It is probably high time that we start holding someone responsible for this mess since we, the taxpayers, will end up paying for all of it.

So what can you do? Stay liquid, keep your credit on solid ground and educate yourself about what your public representatives are actually doing.

We will come through this because we always do. We are the United States of America and we will survive and prosper but the time for taking undue risks is over and we should stand together in making the future more stable for future generations.

To your Prosperity

Marc

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I read an article in Forbes today and wanted to share it with you. It reinforced for me the need to be vigilent about what you find on your page and in your communication with others. Here is the text of the story and the link to the article.

Facebook Blows It

I for one am changing my Facebook password.

I hope you are having a profitable day

Marc

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The children in our neighborhood will be heading back to school next week so I guess that signals the end of summer.

For me the signal for the end of summer is the waning produce from my garden. It has been a good summer and the garden produced some good crops of peas, beans, spinach, squash, peppers and tomatoes. I managed to freeze or can a lot of it and look forward to using it into the winter ahead.

Here is a picture of some of the squash.

Today I tilled the squash under and prepared the soil for a second crop of green beans. I hope to get one last good crop before it freezes so I can have some beans this winter.

I know that we will have many more days of warm weather ahead but it is always sad to see the end of the garden. It is a signal that things are changing, evolving and slowing down.

Life, however, never slows down. In fact, as we grow older it seems to move ever faster and we have to work at slowing it down. A garden, though, is a great way to slow time down because there is nothing you can do to make plants grow and produce any faster.

And when you are working in the garden you need to stop and take notice of every little aspect of it. What is new that you missed yesterday, what needs special attention, what needs to be harvested today? And if you have a particularly small crop (mine was a pepper called Tai Hot) that you need to get right down on to pick and that has hundreds of fruit, time can really slow down.

I’m lucky that my kids are grown and gone so that I can have the time to contemplate and work in my garden. If you have kids, especially young ones, your life is probably in a constant whirl of activity. I remember those days of after school activities and constant juggling of schedules to make it to the events.

But even if your life looks like this it might be a good idea to find something in your life to slow you down. To slow you down long enough to appreciate LIFE. Maybe it is yoga, or meditation, or a walk around the block or your garden.

With school back in session it might seem like things just got more hectic, that time just sped up a little more, but if you take some time to just consciously slow it down you might find that small piece of time where you can take notice of that most important thing just in front of you right now. A moment just to be present to life, your life and a chance to say “thank you”.

Here’s hoping that as your summer comes to a close you find a moment just for You.

Marc

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Have you ever wanted to make a difference? Have you heard of the concept of Pay it Forward?

There are a group of people with just such a mission and you can join them.

http:/www.payitforward.name

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We are in a recession! There, somebody said it.

Everyone who wants the world to continue to move forward without a glitch has been denying this for months but anyone who has shopped for groceries or filled up their car with gas lately knows that things are costing more. That in itself is not enough to signal a recession but for most of us there have not been any proportionate income increases to go along with these increased cost and for us this spells trouble.

Will things get worse before they get better? No one knows for sure, but when I read things like the article I found in Barron’s last week I tend to think that they just might get worse before they get better. The title is enough to shake you in your boots, “Yes, That’s $2 Trillion of Debt Related Losses”. It is an interview with Nouriel Roubini, an economist who has been predicting for two years most of the problems we are now experiencing. Here is some of what he said in the interview.

Unfortunately for the rest of us, you have a pretty good track record. How much more misery lies ahead?

“We are in the second inning of a severe, protracted recession, which started in the first quarter of this year and is going to last at least 18 months, through the middle of next year. A systemic banking crisis will go on for awhile, with hundreds of banks going belly up.”

So far, we have seen no recession in the technical sense: two consecutive quarters of negative growth in real GDP. Why not?

“Maybe the recession started in January; if you look at the data on gross domestic product on a monthly basis between February and April, GDP was falling. Saying this is not a recession is just a joke.”

How long will it take for the collapse in the banking sector to play out?

“It is happening in real time. Many smaller banks are going bust already. More than 200 subprime-mortgage lenders have gone bust in the past year alone. And many community banks will go bankrupt. Community banks usually finance everything: the homes, the stores, the downtown, the commercial real estate, the shopping center. If you are in a town or a municipality where there is a housing bust, the bank is gone. Of three dozen or so medium-sized regional banks, a good third are in distress. That includes the Wachovias and Washington Mutuals of the world. Half of this group might go bankrupt. Even some of the majors could end up technically insolvent, though they might be deemed too big to fail.”

My purpose is not to make you feel worse than you already do but to get you thinking about what you can do to stay ahead of all this. First, you should have some money in the bank (one that won’t fail, I hope). Having cash during a downturn can help you weather your own personal downturn and take advantage of opportunities that are sure to be there at the bottom.

Next, you should find new ways to conserve the resources you have. I have a garden and I freeze, can and dehydrate tomatoes, peppers, beans, squash and cucumbers to see me through the winter. You can find ways to drive less or drive using less gas. Start buying store brands instead of name brand products (most of the store brands are made by the national brands anyway).

Lastly, you can find new sources of income. How much stuff do you have in that storage room or in the attic? Have a garage sale of put it on Craig’s List or EBay. Start a side business doing something you already know and like to do. Can you play an instrument? Give lessons. Are you a computer geek? Sell your skills to help people who need it. Are you a great cook? Find someone who wants to eat what you make. There are lots of ways to stay ahead if you just put your mind to it.

A recession doesn’t have to hurt a lot if you just stay ahead of it by being prepared and by taking action. Now is not the time to pull the covers over your head. Get up and start moving and you will be one of the survivors.

Let me know if I can help you in any way.

Marc

Are you interested in helping people succeed? Do you understand the concept of Pay it Forward?

There is a group of people who want to help you pay it forward to just 4 people and help end poverty
in this country and around the world.

Check out this mission: http://payitforward.name

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