On September 16, 2021 I wrote about the choice between your IRA and your crypto-currency, wherever its hidden. (crypto means secret or hidden in Greek).
Today Jamie Dimon, CEO of JP Morgan called crypto-currency Fool’s Gold.
If you’re interested, here it is:
https://www.cnbc.com/2021/10/04/jpmorgan-chase-ceo-jamie-dimon-bitcoin-is-a-little-bit-of-fools-gold.html
#cryptocurrency, #Fool’s Gold, #JamieDimon, #JP Morgan,
BOOK REVIEW:
BOOK PROPOSALS THAT SELL
“Book Proposals That $ell” by Terry Whalin is a practical guide and handbook for authors who plan on writing a book or already hold a manuscript of their book and want to get published by a large publishing house. If you’re writing your first book, but don’t know where to start, “Book Proposals That $ell,” is for you. With step-by-step instructions, this guide will teach you how to write a winning book proposal–and get your book published.
Terry Whalin, an author and book editor, released a new revised edition of his “Book Proposals That $ell”. He guides aspiring authors through the maze of national Publishing Houses. Successful selling of a well drafted manuscript ensures the author future royalties and a well-crafted product to be proud of.
What will the author get from the book publishing industry? (1) Sales and royalty of the book (2) An official document called an ISBN number which is a number that unifies the production of a book and its legitimacy. (3) Portability of the ISBN number to other publishers for an easy publishing and printing. (4) A book produced and printed in a high class format since it is done through professional book layout and design procedure. (5) The books is stored in the Library of Congress using the ISBN number. (6) Have the book released and sold in major book stores.
In the Age of Amazon anyone can self-publish a book. But a self-published book mostly languishes in obscurity.
Whalin takes the reader of this guide book through the concept that a published book is a profitable business venture for the Publishing House.
A proposed or written manuscript has to be pitched to, and evaluated by, a professional literary agent or an acquisition book editor with a track record in the publishing business. Next, an acquisition editor needs to be sold upon, to advocate the manuscript before the Business Board of the reputable Publishing House. The Business Board consists of publishing executives, senior editors who are known for their exceptional expertise in the publishing field, (who may be editors of prestigious magazines or editors of different books); book marketing and book-selling experts.
In order to convince the board of the publishing house to offer a contract, the author must demonstrate understanding and willingness to be a partner in marketing and show a potential of a wide public readership audience who will buy the book.
Whalin’s guide book for successful book proposals includes every detail – all information on how to find a literary agent, or where to meet and how to pitch to a publisher’s acquisition editor. It includes his 21 secrets for successful book proposal based on his own many years of experience as an author and book acquisition editor.
Whalin’s book is a how-to guide that shows you what to do and explains why you should do it. It’s your personal roadmap to getting published by a large publishing house like Penguin, HarperCollins, Simon & Schuster, Morgan James, etc.
This guide includes an actual sample of a winning book proposal contributed by Michael Hyatt, the former CEO of Thomas Nelson Publishers. Just studying the instructions chapter by Mr. Hyatt is well worth studying Whalin’s present 2021 complete revised hand book.
I studied Whalin’s new book and expanded my writing and publishing world understanding.
If you want to get your book published by a large publishing house, this is the guide for you!
PRODUCTIVE APPROACHES TO LIFE
Here are three productive dispositions towards life. Consider them.
If you like them – adopt them.
REDEFINE YOUESELF EVERY DAY
That means that we should reinvent ourselves every day.
Whether you like it or not, we live under continuous changes. Our reality is perpetually changing.
Life around us is in continuous transformation. Consciously or not, we are being ceaselessly transformed.
Our chronological age changes every day. Every twenty-four hours our age changes.
Our outer appearances change incrementally as time goes by. During childhood we grew lots of hair. As we proceed living to our life’s end we get there with sparse hair or no hair.
We change our own definition of who we are. One time I was a medical student, then a medical doctor. Later, I showed up as a Sunday morning Bible preacher. Look it up on YouTube…
Consider the transgender movement – people change their gender. The Olympic athlete Bruce Jenner is now Ms. Caitlyn Jenner.
Ronald Reagan reinvented himself from a film industry actor to US president.
We have choices. The choices before us are either to let things happen to us — go bald, or get a hair transplant.
Would you let s stranger decide the coloring of your hair?
Should we let other people define us? This is the question.
It is our personal responsibility to reinvent ourselves in response to the changes around us. We are always in a better position reinventing ourselves, and define who we are rather than let others do it to us.
Folks who are determined on self-improvement are self-transformative.
LIVING LIFE TO THE LIMIT
This comes naturally to those who have a vision and goals.
I found that achievement of a goal is easier than carrying the hardships of an ambiguous generality. Having a goal means that you know what you want.
Life around us brings flow waves of opportunities. Hurricanes of opportunities!
Many times it is enough to have a goal and then keep your eyes and ears open and the goal rolls right in your doorstep. Ask and you shall receive
Trespassing limits and crossing boundaries is a misperception.
Who sets the limits for us? Do you let others decide what your limits are? For many years it was believed that a man cannot run a mile in less than four minutes, until in 1954 Dr. Roger Banister did it.
We need to live without bias and avoid assumptions. Assumptions have no basis in our empiric reality.
Be unbiased – take it to the limit.
If you trespass a boundary – it is a lot easier to ask forgiveness than permission…
DO YOUR OWN THING
Live your own life. Go ahead and do what you think is right for you.
Tell nobody where you are headed.
When you don’t tell no one what you are about to do, then no one can intimidate you with their own fears of failure.
Why would you agree to carry the burden of other people’s prejudices?
Notice how leading politicians go everywhere speaking in public and never tell their future public office plans…
IN SUMMATION:
3-25-2011; 8-20-13, 9-26-21
© Mandy Lender 2011, 2013, 2021
You can see me preaching the Bible – Book of HabakkuK here:
https://www.youtube.com/watch?v=1_J0WFtAQLk
When writing and publishing a book is in your day dreams, get started by studying this guidebook, written by a multiple books author, and experienced books’ editor and publishing houses insider.
Just be kind to yourself.
Now watch this video.
https://www.youtube.com/watch?v=w3_zlqsw4s8
IRA OR CRYPTOCURRENCY?
You may not have both your IRA and your crypto-currency.
A few days ago a rumor spread that Walmart will accept crypto-currency as payment…
Really? Well, out there are over 10K different crypto-currencies. Which one will Walmart take?
It was all fake news.
Walmart denied the rumor: https://www.cnbc.com/2021/09/13/walmart-to-accept-payments-with-cryptocurrencies-using-litecoin.html.
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The crypto-currency commonly held is known as Bitcoin. It is mined and ledgerized by block-chain technology, all of which is created and maintained by electricity. Crypto-currency asset class requires electrical supply.
Where do you get electricity? You buy electricity from your electric company.
Electricity is not an entitlement program. You pay for your electricity usage in real US dollars.
Where do you get your US Dollars? It depends. You get US Dollars by selling your favorite crypto-currency holdings in return for US dollars.
Where do you buy and sell crypto-coins? You buy in a crypto-coin exchange agency called – Coinbase.
How do you pay Coinbase Exchange? You can pay Coinbase with another crypto-coin: Ethercoin, or Dogecoin, or Litecoin to name a few.
How did you pay Coinbase Exchange for Ethercoin? You pay by selling your stock of the electricity company held in your IRA account.
You give the dollar proceeds of the shares you sold to the Coinbase Exchange.
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Aha.
Got it?
If not – Read again.
This circle of transactions sounds to me like a Ponzi scheme.
The likely outcome is that you may lose your crypto-currency you own and your IRA.
By the way – don’t forget to declare you crypto currency holdings to the taxman… The taxman wants a cut of your asset classes.
Practicing psychotherapy creates emotional conflicts in every therapist.
Getting involved in client’s emotional difficulties, exerts a price eon the therapist.
Here is one therapist’s candid report told by Dafna Lender, LCSW:
Case Study: Doing Our Own Work Differently: An EMDR Portal to Our Clients’ Healing
https://www.psychotherapynetworker.org/magazine/article/2589
CANCELLING AYN RAND BY THE AMERICAN LEFT
There is nothing that the American left (Progressive, Marxist) would like more than to cancel the novelist and philosopher Ayn Rand.
The ideological hatred to Ayn Rand originates from her being successful in her art and her intellectual brightness. She was a proponent of Capitalism and freedom of expression.
Last week I posted the following quote by Ayn Rand on my Facebook page:
“The question isn’t who is going to let me, it’s who is going to stop me.”
~ Ayn Rand
The quote was pasted over it with a gray label with a comment that Ayn Rand did not say it. The obliteration of the quote was made by a Facebook Fact Checker.
The fact is that that Ayn Rand said these words in her book The Fountainhead. This quote is a merging of two sentences from a dialogue in the book. Here is the original dialogue:
… “Yes.”
“My dear fellow, who will let you?”
“That’s not the point. The point is, who will stop me?”
“Look here, this is serious….”
Ayn Rand authored those sentences. Her students chose to re-arrange the order of the words from two dialogue sentences.
What is important to the Leftist-Marxist “FactCheckers” of Facebook is to cancel Ayn Rand from existence.
It’s impossible to cancel Ayn Rand. Obliterating my post is not absolute.
This quote was used by Jack Welch the former successful capitalist CEO of GE and others.
9-8-2021
The opportunity cost of my time increases every year !
The status of police officers in Chicago has deteriorated.
Random shootings on the streets of Chicago is way more lucrative.
https://chicago.cbslocal.com/2021/08/04/cpds-rising-retirement-numbers/
GREEN ENERGY BY WHOM? FOR WHOM?
Considering that that 14% of humanity lives in China and 13% of humanity resides in the Indian sub-continent.
Please explain to us from what source green fuel trucks, cars and motorized bicycles get their electricity?
Is China’s electricity drawn from the sun, air and water? (A: 62% coal and gas).
India’s “green electricity” comes from the Ganges River and off shore typhoons? (A: 69% from coals and petroleum).
U.S. has 4.25% of world population and expected to provide “green energy” to the rest 95% of the world population?
Mandy Lender 