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For many people, tomorrow's midterm elections feel like a
political struggle over which they have very little control. It seems as though the outcome will determine the economics
of the country for many years to come. Many feel similarly
helpless to direct their own success. Nothing, however,
could be further from the truth. Even the smallest changes you make can have a significant
impact on your future. Applying the principles of wealth
management depends on exercising what psychologists call an
"internal locus of control. " In other words, through your
own behavior and actions, you can take charge of your
financial life.
[click here to read more]
David John Marotta was featured on the Schilling Show on radio WINA 1070 last week. The topic was "Liberals Get Basic Economics Wrong."
To listen to the radio show, click here.
In my first job teaching computer science, someone stole my
wallet off my desk during my office hours. Although I
canceled all my credit cards, the thief used them around
town, buying everything from clothes to tobacco. In those
days cards were run manually on paper, and there was usually
no instant electronic verification. Identity theft is becoming distressingly common as personal
information becomes easier to swipe. Internet sites all ask
the same security verification questions. One site could
easily collect your information and then try using it on
others.
[click here to read more]
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