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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (10161)10/16/2006 1:30:29 PM
From: KyrosL  Respond to of 218621
 
-- The time value of money -- the concept of present and future value of money.

-- The power of compound interest.

-- The concept that the house one lives in is not an investment but rather consumption.



To: energyplay who wrote (10161)10/16/2006 1:31:20 PM
From: Snowshoe  Respond to of 218621
 
>>what should young people learn that isn't always taught in school ?<<

How to deal with office politics! ;>)



To: energyplay who wrote (10161)10/16/2006 2:01:43 PM
From: Logain Ablar  Respond to of 218621
 
Don't rely on government, especially for education.



To: energyplay who wrote (10161)10/16/2006 2:10:24 PM
From: CusterInvestor  Respond to of 218621
 
Own up to your mistakes, don't try to blame others.
Learn which fights are worth fighting.
Keep an open, but sceptical mind on everything.
Never stop learning.

Two I read somewhere are 1. never throw the first punch and 2.
never ever hit a woman.

I could go on <g>.



To: energyplay who wrote (10161)10/16/2006 8:22:09 PM
From: Seeker of Truth  Read Replies (2) | Respond to of 218621
 
Teach them to ask, always, "What's the evidence for that?" Historically, public figures and whole nations have believed things that weren't so and suffered tremendously on account of that. The facts of science such as evolution, 2H2 + O2 --->2 H2O
E = mc2 etc. etc. all have solid evidence.
My dear grandpa was born in 1855 and only had about two years of schooling. Yet when I at age 10 asked him "Grandpa, some people say there's a god; some people say there's no god. What do you think?" he replied "All those people that tell you there is a god, ask them, which one of them saw god?" That was education for me.
Peak oil has evidence; the exact timing is still vague. "There's plenty of oil remaining to be discovered". That has
little or no evidence, mostly idle conjecture based on supply demand economics.
When I was in the Communist prison and they kept saying I was lying though I spoke the truth, I developed a positive
passion for evidence.



To: energyplay who wrote (10161)10/16/2006 9:02:29 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 218621
 
How to think. Learning how to turn knowledge and experience into wisdom.

Oh and the importance of getting lots of both ...



To: energyplay who wrote (10161)10/16/2006 11:42:28 PM
From: elmatador  Respond to of 218621
 
Self reliance. Mistrust government.