Taekwondo Master Gone Economist

Not a single day goes by that I don't think about writing in my blog. I'll have a profound thought, a wonderful life lesson, something ironic, you name it and I'll forget to write. Well... I had a profound thought tonight and said to myself, "go bust out the laptop and blog about it."

Now, I don't claim to be very knowledgable about the economy, but I think I can hold my own in a 3 round, 2 minute conversation with someone. I'll admit I don't know too much about how Bush and our next president affects the economy. I mean, I kind of thought I knew, but then I read something that doesn't make sense, or it contradicts itself.

I'm a thinker, actually... more like a dweller. I dwell on things until I can come up with an answer that makes perfect sense. Perhaps, it's my engineering background. Anyhow, let's begin with what I know and what I don't know.

I know that when you're dead broke, you don't go and buy stock on your credit card, just because the company is going to report outstanding earnings.

I don't know why there are so many business coaches that have never created a successful business for themselves.

I know that if you're thinking about selling some investment property, you should do it before Obama gets elected since we'll probably never see taxes this low for awhile (currently 15%, Obama will raise it to 25%). Note: I wish I knew enough about the candidates to be able to bash one or the other. Unfortunately, I don't. So please don't interpret this as a pro McCain statement.

I don't know why people say they don't have time for things. We all have the same number of minutes in a day, including the busiest people in the world.

I know you don't buy United Airlines stock right after terrorist use the planes as weapons of mass destruction. Do you recall when Jack in the Box served burgers with the Salmonella bacteria in it? People made a fortune on Jack in the Box stock from their recovery. Well, United Airlines never recovered. In fact, they were delisted from the New York Stock Exchange.

I don't know as much as I'd like about history. Therefore, I checked out a book on Julius Caesar. Did you know it has been theorized that his namesake was derived from an ancestor who was believed to have been born by a caesarian section? Seriously, I got the book to study the leadership skills of this historical figure.

I know it's possible to buy a 20 year, high yielding bond at 8% interest right now.

I don't know why more people don't enrich their lives with books, exercise, good nutrition, and martial arts (The Academy of World Taekwondo- 381-0587, ask for Kendal). ;)

I know the ancient chinese philosophy of Yin & Yang very well. I know that it can be applied in every situation of life. I dare you to try and stump me:). Taekwondo is a huge part of many of our students lives. For me, Taekwondo is my life. I can't help to naturally think about everything in terms of Yin & Yang, which basically boils down to balance.

Remember when the bottom fell out the stock market in 99'? Or was it 2000? What came next? The real estate market? What happened immediately after that? The economy! Let's look back at history. Do all three things always correct themselves? Of course! The reason why they correct themselves is because we, as in you and me and everyone else driving the market, make the needed adjustments.

I was just watching something on TV about an hour ago. They were basically talking about how to survive in a recession. The financial expert was talking about saving a penny here and a penny there and eventually you'll save quite a bit. She also discussed down sizing and becoming more economical with things.

Remember, I'm a dweller. While she was talking, I couldn't stop thinking about the economic stimulus checks we all received. We all know what those checks are for, right? We're supposed to be buying plasma TV's, stereo's, and clothes with that money. Okay, now we have two very oppossing philosophies. Or, do we??? You see, one is simply Yin (conservative spending) and the other is Yang (liberal spending). The bottom line is, you can't have one without the other. Too much Yang will have to result in an abundance of Yin in order to correct itself.

The US economy will not collapse, because businesses that were Yang yesterday will become Yin tomorrow. The trend will eventually trickle all the way down to the everyday consumer. Once the larger corporations, businesses, and consumers begin adjusting their Yang ways to a more Yin approach will we find everything back in balance, which is essentially the meaning of Yin and Yang- balance.

Remember, I love making lessons out of everything. Here it is. If you're feeling the affects of a down economy, perhaps you have not adjusted your Yang ways. Maybe it's time to throw a little Yin into the mix. Make a list of your Yang and another list of your Yin. Is your Yang bigger than your Yin? I guarantee if you make adjustments to balance the two, you'll still have the means to enjoy those family vacations to Disney Land.

Respectfully,

Duncan Richardson
Chief Master Instructor
http://www.FreeKarateLesson.com