Short Stories - Doom and Gloom

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Short Stories - Doom and Gloom Powered By Docstoc
					                                     Presented by Daniel Toriola

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                                               Doom and Gloom
                                               By Bob Osgoodby

   Doom and Gloom by Bob Osgoodby

Many of the "sure thing" programs that were hot last year, aren't
to be found today; you know the ones I'm talking about. Did
anyone take the time to sift through the misinformation,
analyses, and charts showing how with no work you could be the
next jillionaire. Naw - with misplaced faith, and believing the
soothsayers, they just plunked down their $49.50. Guess who were
the only ones to make money here.

In the meantime, internet stocks, which had ridden a wave of
investor enthusiasm got slammed. Many of the industry
giants have fallen from the proverbial "Beanstalk", and today are
among the missing.

Predictions of a declining economy have some in a panic. Because
the holiday season retail sales virtually "flat lined" many are
calling it the start of a recession. Is this the case, or is it
that we are just getting smarter? I wonder how many gave that
great old gift called "Cash", instead of an overpriced present
that could be gotten at half price after the holiday "feeding
frenzy" ended.

Are we facing an era of "doom and gloom"? I don't think so.
Have the stock markets taken a hit - Yes, but is this a portent
of bad times? I doubt it. The stock market goes up and the stock
market goes down. The guy who does two eTrades a week will
probably lose his shirt. Those who buy now, and hang in for the
long pull might just make a killing.

We are warned by the old proverb that, "A fool and his money are
soon parted", and "There is no such thing as a free lunch", seems

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                                 Presented by Daniel Toriola

to be the current buzz. But did you heed this sage advice? It
sure seems that some didn't.

But what does all this mean to us? Is it time to pull in our
horns and lay low on the Internet? Not me - I view this as a
great opportunity. More and more, the opportunities abound. Now
is the time to get involved with a straight-forward, no hype type
of a business.

Don't expect to join a minimal investment affiliate program that
will peak out in 90 days to be your salvation. And most people
should simply "walk on by" that hot new MLM program of the week.
So where do you turn?

Maybe the adage "it takes money to make money" is even truer than
ever. The web promises almost free everything, from email
accounts to web space. So, you might think, you have a great idea
and since you can get all this free stuff, you can launch your
business at almost zero cost.

The guy who jumps out an alley offering Rolex watches at twenty
bucks a pop doesn't have much overhead. But he doesn't engender
much trust either, and only the gullible and greedy, hoping to
make a quick buck, will bite. Do you think people don't
recognize that you are riding on that same free wagon, and will
give you the same trust as that Rolex Guy?

OK - so we all agree that you have to show some signs of being
serious. Do you think that AOL or some other ISP is the answer?
You can start up a business and get a few suckers to bite within
their 30 day trial period. Hey, they're currently offering 700
free hours the first month, and if you stay on the computer 23
hours and 20 minutes a day, maybe you can use it. Who needs more
than 40 minutes of sleep a day anyway?

There is absolutely no substitute for your own domain. A "no
frills" domain today costs about as much per month as a "fast
food lunch". If you can't afford that, you can't afford to be in
business. This gives you a professional sounding name for your
web site, plus an email address that doesn't scream "here today -
gone tomorrow".

But the kids just love AOL, and I don't need two ISP's, might
well be the argument. True, and if this is the case, just
automatically forward the email which is sent to your domain
there. But set up a separate screen name used only for that
purpose, and give it a name that bears some resemblance to your
domain name.

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                                Presented by Daniel Toriola

Is there "Doom and Gloom" in some quarters? Sure is, and those
who view the current times in that perspective are missing a
great opportunity. Those who can look beyond the "dire
predictions" we hear on the news everyday, will be the winners in
the long run.

 Bob Osgoodby publishes the free weekly "Your Business" NewsletterVisit his Web Site at tosubscribe. As a bonus, get 40,000 FREE E-Books fromLarry
Dotson, when you visit

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                                   Presented by Daniel Toriola

                         Why The Preoccupation With Bad Financial News?
                                             By Simon Reilly

? If I said to you, "aren't you sick and tired of hearing negative news", I would feed into more of the
negative news as there is chance that my question could trigger a negative response. Aside from that, I
wonder what it is about some people that seem to enjoy being right about some sort of pending doom
and gloom.

I believe that we give the news media a bad rap and the reason I say this is because of Ian's Brown's
February 26th article in The Globe And Mail - Divas of doom find their fame in pedaling the direst of
fortunes to pessimistic masses - Bleak is chic as demand grows for dark oracles of blood-filled streets
and 'zombie banks'.

Ian's article isn't talking about the doom and gloom of blood in the streets, civil wars, the collapse of
Eastern Europe, and toppled governments coming from the news media. The bulk of the bad news in
the article is coming out of the mouths of university professors.

I mentioned Ian's article to Robert Gignac, author of 'Wealth Is A State Of Mind', at dinner on Tuesday,
March 3rd and Robert's response was that these purveyors of Financial Armageddon have been
around for years and publish the same book every five to seven years with a different cover ... sooner
or later they will be right. It's like the 36,000 DOW, sooner or later, it is going to happen as I recall
someone saying in the early eighties that the DOW will never go past 3,000 points. Let's all hope that
prediction does not come true today.

My interest in Ian's article is not about the doomsters and their predictions; it is about why they do it
aside from the $50,000 speaking fees. There has got to be more to it than "bad news sells".

On one hand we have the oracles of bad news and in the other we have the unconscious masses.

Ian writes that we seem to enjoy hiding under the blankets, being told how bad the future looks and
that it shocks us into feeling like grownups and getting real and at the very least we should stop and
take a closer look at what we are afraid of. (for a day in my life of taking a closer look at what brings up
the fear in me, see the following article - Do Something That Scares You! )

It is like we have to become five years old again and get slapped and then be put in a corner to take a
'time out' and beg for forgiveness.

"There is a peculiar human need to contemplate disaster," Vivian Rakoff, professor emeritus in the
department of psychology at the University of Toronto says. Because there is the sense that if it gets
bad enough, we can start over again".

BTW - Rakoff is not a doom and gloomer.

There seems to be a thread in writing about and reading about doom and gloom.

As I get into this I want to preface that I am only wondering about all of this and wish to shed some
insight and it is not my intention to attack. I say this because I believe that I will make real whatever I

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                                 Presented by Daniel Toriola


The creator of the doom and gloom could be attacking the system whether the system is right or wrong
because they lack fulfillment in some way shape or form and still have something to prove. They could
have an unconscious negative belief of "if I can't or didn't make the system work for me then I will
attack the system in an attempt to destroy it and try to make everyone else as miserable as I am". A
person will get their need to prove met in a functional or a dysfunctional way, this law is

The reader of the doom and gloom could be stuck in some kind of pattern that goes back to when they
were five years old and sent for a time out awaiting forgiveness from the matriarch or patriarch that
sent them there. Their past time out is now replaced with taking a bad news break expecting that good
news will show up and that they will be forgiven for their sins.

This same pattern reminds me of what is happening with some corporations who were asleep at the
wheel for the best part of the decade having to go back to the government for forgiveness in the form
of a bailout.

So here we are in the process of having a financial time out waiting for the matriarch and the patriarch
of the money to forgive us for our senseless ways so that we can start anew.

I believe we are in one of the most significant times in history where governments on a global scale are
reinvesting in infrastructure to jump start the economy without having to experience a world war ... this
experience that we are having will pass.

Leading Advisor - Simon Reilly offers financial advisor training, coaching, and speaking designed to
help Financial Advisors and their teams clear their roadblocks to success.

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                                Presented by Daniel Toriola

Related eBooks:

Why The Preoccupation With Bad Financial News?
Difficult Situation as a Present?
Turn Off The News!
Three Crucial Reminders For Outlasting the Recession
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