Weekend Edition – “Don’t Play Like a Jet”


The New York Jets had their introductory press conference for their new General Manager John Idzik this past week, and Mr. Idzik pretty much gave the usual reasons why he took the job and what the opportunity was.

Then Idzik uttered the words most Jet fans cringed at. He noted that he wanted players for the organization that would “play like a Jet.” Well, any fan of this team knows the Jets haven’t won a Super Bowl in 44 years, and even in the seasons they’ve made decent runs, the ending was typically awful. The franchise’s teams over the years have made mistakes that only the Jets seem to make in critical situations. So nobody wants to hear the slogan “play like a Jet” — in fact, this phrase may show how ignorant Idzik could be to the team’s recent failures, as well as the feelings of the team’s fan base.

Similarly, many folks are oblivious to some glaring problems in their financial lives. If you’re falling behind on your financial plan, you need to figure out exactly what is wrong and the reasons why things have turned south. Some of the most common issues include:

  • Spending every dime you earn on things you don’t need,
  • Making little effort to earn more,
  • Failing to put enough aside for those later years and rainy days, and
  • Investing your money in the wrong places (for example, penny stocks).

Hopefully you have some people in your inner circle that are willing to give you needed advice about your personal financial deficiencies. The last thing you want is someone that is there to just say what you want to hear — and not address the facts that are really holding you back.

The best advice I can give is to surround yourself with ambitious individuals who will not mind being honest about what they see. Find enough of these individuals, and soon enough, you will be at doorstep of success.

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And here’s one last thing to remember about what we do here at Dividend.com. It’s not just the names that we recommend that can help you build wealth, but also the things we try to steer you away from that are just as important. Forget about speculative or penny stocks, chasing unprofitable IPOs, and listening to the manic talking heads in the business media!

Thank you for sharing part of your weekend with me, and please be sure to pass this post on to anyone you think we can get inspired and educated about money, building wealth, and using common sense to do so.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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