Thursday, October 9, 2008

Are You "Normal" or "Weird" in the Current Economic Times

Someone reminded me that Dave Ramsey has recently said that the largest amount of Millionaire's were created during the Great Depression. I didn't hear it, and whether that is what Dave actually said or even if factual it is true there were a number or people who got wealthy during that time.

And one thing I do know for sure is Dave often focuses on the differences between "Normal" people and "Weird" people when it comes to finances.

The "Weird" people found the Achilles heel of the problem and turned it into profit.

How did they do that? They focused on what could be. "Normal people" focused on what happened, who did what to who and who is to blame.

What I am finding is that too many of us are doing what "normal people" do in the current crisis. "Normal people" have spent their time over the past few weeks getting angry with Wall Street execs, blaming politicians and bureaucrats, complaining about the lack of regulation, oversight or imposed laws and counted their losses. "Normal people" are blaming the poor. Both the financial poor and the people who have done what poor people do. Many have become proficient and done all the above.

"Weird people" have spent their time looking for that Achilles heel of opportunity. They aren't consumed that someone did something stupid, or some politician from either party profited or imposed a stupid law or predators preyed upon the weak.

They do believe that none of that should have happened.

But it did. As it has happened throughout history.

Some people will pay for what they did. Others will get a get of jail card. Again, that too has happened throughout history.

"Weird people" want the right things to happen and for someone to pay for their crime if one was committed. But they don't get mad, angry or let it stop them from getting ahead. They haven't spent the last few weeks in that mode. They aren't interested that someone has to pay or getting that pound of flesh. They don't have time.

They will look for the opportunities. They will devise a plan. They will execute that plan and reap the rewards.

"Normal people" will fall into the trap of emotion and anger. They'll be agitated and egged on by Rush and Sean, Big Eddy and Olberman. At the end of the day they still be "normal people". But just a little more angry.

So what is it. Are you going to be "normal" or "weird"?

I'm looking for that weirdo so and I learn to profit just like him.

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