Take Responsibility and Own Your Story

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Oner thing you must learn, understand and accept:

You can either keep making excuses for why your life isn’t perfect, or you can admit it’s not perfect and still try to make it better.

You can focus on what youcan change and stop worrying about what you can’t. Life keeps moving forward.

Take it upon yourself to be happy and build wealth. Stop worrying about distractions and what other people think.

Other peopl only know your name, not your story. People will always have different opinion about you. And that’s okay. What matters is how you see yourself as a person. No on can tell your story better than you.

Gratitude is a Superpower and the foundation of all success.  

Extraordinary Fiscal Spending a Threat to Economy

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Jamie Dimon, Chairman and CEO of JP Morgan Chase, says “government fiscal spending has been “so extraordinary” in the past five years he’s bracing for an economy of high inflation and unemployment.”

Dimon expressed concern that unchecked government spending could lead to stagflation – a dreaded combination of high inflation, high unemployment, and low growth1.

Dimon’s perspective is rooted in the massive fiscal and monetary stimulus that has occurred over the last five years. He questions whether this unprecedented level of intervention will eventually result in stagflation. He also believes that inflation may be stickier than many people assume, given the lingering effects of fiscal and monetary stimulus in the system.

In summary, Dimon’s cautionary stance underscores the need for prudent fiscal policies and a careful balance between economic stimulus and potential consequences.

Source:  https://fortune.com/2024/05/29/jamie-dimon-stagflation-fiscal-monetary-stimulus-government-spending-american-economy/

U.S. Economy Showing Signs of Slowing

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The U.S. economy continues to lose momentum, writes the Wall Street Journal. It finally seems that the cumulative impact of years of inflation is finally catching up with U.S. consumers and eroding their savings cushion—something that companies selling discretionary goods from Starbucks to Kohl’s are saying in their public quarterly financial reports.

In short, signs of an U.S. economic slowdown are becoming hard to ignore.

Labor market are a lagging indicator, meaning they show up later than other signs when an economic shift occurs. The early signals are already here.

Gettysburg Address

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Delivered at Gettysburg, PA, on November 19, 1863.

“Four score and seven years ago our fathers brought forth on this continent a new nation, conceived in liberty, and dedicated to the proposition that all men are created equal.

“Now we are engaged in a great civil war, testing whether that nation, or any nation so conceived and so dedicated, can long endure. We are met on a great battlefield of that war. We have come to dedicate a portion of that field as a final resting place for those who here gave their lives that that nation might live. It is altogether fitting and proper that we should do this.

“But in a larger sense we cannot dedicate, we cannot consecrate, we cannot hallow this ground. The brave men, living and dead, who struggled here have consecrated it, far above our poor power to add or detract. The world will little note, nor long remember, what we say here, but it can never forget what they did here. It is for us the living, rather, to be dedicated here to the unfinished work which they who fought here have thus far so nobly advanced.

It is rather for us to be here dedicated to the great task remaining before us,that from these honored dead we take increased devotion to that cause for which they gave the last full measure of devotion, that we here highly resolve that these dead shall not have died in vain, that this nation, under God, shall have a new birth of freedom, and that government of the people, by the people, for the people, shall not perish from the earth.”

U.S. President Abraham Lincoln

Mindfulness Matters

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Mindfulness encourages you to pay attention to your thoughts, your actions and your body.

Mindfulness is an ancient practice that is about being completely aware of what’s happening in the present—of all that’s going on inside and all that’s happening around you.

Mindfulness means not living your life on “autopilot.” Instead, you experience life as it unfolds moment to moment, good and bad, and without judgment or preconceived notions.

“Many of us go through our lives without really being present in the moment,” says Dr. Margaret Chesney of the University of California, San Francisco.

Dr. Chesney’s studies suggest that mindfulness practices may help people manage stress, cope better with serious illness and reduce anxiety and depression. Many people who practice mindfulness report an increased ability to relax, a greater enthusiasm for life and improved self-esteem.

One National Institutes of Health (NIH)-supported study found a link between mindfulness meditation and measurable changes in the brain regions involved in memory, learning and emotion. Another NIH-funded researcher reported that mindfulness practices may reduce anxiety and hostility among urban youth and lead to reduced stress, fewer fights and better relationships.

A major benefit of mindfulness is that it encourages you to pay attention to your thoughts, your actions and your body. For example, studies have shown that mindfulness can help people achieve and maintain a healthy weight. “It is so common for people to watch TV and eat snack food out of the box without really attending to how much they are eating,” says Chesney. “With mindful eating, you eat when you’re hungry, focus on each bite, enjoy your food more and stop when you’re full.”

Finding time for mindfulness in our culture, however, can be a challenge. We tend to place great value on how much we can do at once and how fast. Still, being more mindful is within anyone’s reach.

You can practice mindfulness throughout the day, even while answering e-mails, sitting in traffic or waiting in line. All you have to do is become more aware—of your breath, of your feet on the ground, of your fingers typing, of the people and voices around you.

Source: Harrison Wein, Ph.D., Mindfulness Matters, Can Living in the Moment Improve Your Health?, National Institutes of Health News in Health, January 2012. https://newsinhealth.nih.gov/2012/01/mindfulness-matters

Cabo San Lucas, Mexico

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Cabo San Lucas is an excellent destination with adventure, relaxation, and romance.

Here’s a glimpse of what you can expect:

  • Land’s End (El Arco): A stunning rock formation at the tip of Cabo San Lucas. It’s particularly impressive at sunset, so consider a boat trip or dinner cruise during this time.
  • Playa del Amor (Lover’s Beach): Nestled next to El Arco, this beach is perfect for couples and offers a romantic setting for watching the sunset.
  • San José del Cabo: Often referred to as the “Old Town,” it exudes traditional Mexican charm and offers a quieter atmosphere with beautiful resorts, a lovely plaza, and excellent dining options.

For those seeking wellness and tranquility, Los Cabos provides a serene escape with its beautiful beaches, crystal-clear waters, and enchanting desert landscapes. There are also events like rooftop live shows, morning Ayurvedic sessions, and candlelight yoga that you might find rejuvenating.

Cabo San Lucas considers themselves the shrimp capital and is renowned for its delicious seafood, including shrimp.

The region’s restaurants offer a variety of shrimp dishes that are a favorite among visitors and locals.

One notable place is Maro’s Shrimp House, which is highly rated and known for its seafood offerings, especially shrimp. They offer a variety of shrimp dishes that are highly rated by visitors

While Cabo San Lucas may not hold the official title of shrimp capital, it certainly is a place where you can enjoy some of the best shrimp dishes.

Gratitude and Financial Freedom

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Practicing gratitude can have a profound impact on achieving financial freedom. Here are some key ways gratitude can improve your money mindset and financial well-being:

## Shifts Focus to Abundance, Not Scarcity

Feeling grateful for what you already have, instead of fixating on what you lack, fosters a mindset of abundance.[1][2] This positive perspective reduces financial worry and impulse spending, making you more patient and deliberate with financial decisions.[1]

## Increases Satisfaction with Current Situation

Expressing thankfulness for your present circumstances and material possessions leads to greater contentment.[2] This can curb the desire for unnecessary purchases and make you more willing to save and invest for long-term goals like financial independence.[1][2]

## Motivates Values-Based Money Management

Gratitude motivates you to align your finances with your core values and make choices that provide deeper fulfillment.[2] This could mean prioritizing saving for your children’s education, charitable giving, or working towards an early retirement.

## Improves Financial Resilience

Practicing gratitude, especially during tough financial times, can improve your mood, reduce anxiety, and provide motivation to work through challenges with resilience.[3] An attitude of thankfulness helps you stay present, solution-oriented, and decisive when faced with money issues.

In essence, gratitude nurtures a positive relationship with money. It allows you to feel financially secure with what you have while giving you the patience and motivation to manage your finances more effectively towards achieving true financial freedom.[1][2][3]

Citations:
[1] https://www.sagespring.com/4-ways-gratitude-can-improve-your-money-mindset/
[2] https://singerwealthmanagement.com/why-gratitude-is-essential-for-you-and-your-finances/
[3] https://www.northamericancompany.com/plan-for-tomorrow/gratitude-for-financial-wellness
[4] https://blog.gratefulness.me/money-affirmations/
[5] https://www.nerdwallet.com/article/finance/how-gratitude-can-help-your-financial-life

Increasing Your Health Span

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“While aging is inevitable, how you age is something you can control.” ~ Lieutenant Colonel Nick Barringer, USA, Program Director, U.S. Military-Baylor University Graduate Program in Nutrition

Health span is vital as you age and involves being healthy to continue doing what you enjoy as you live longer.

Exercise and eating healthy (nutrition) are essential in increasing and maintaining your health span. Frailty is the state between a healthy and disease state. The longer you can fight it and keep it away, the healthier and more robust you can be.

Lt. Col. Nick Barringer, USA, Program Director, U.S. Military-Baylor University Graduate Program in Nutrition, suggest three foods to include in your diet that help you live long and healthy life.

Fish:  Fish is an excellent source of protein to preserve muscle mass; and it us also a source of healthy fats like eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) that can help lower triglycerides and assist with cognitive functions.

A study of more the 4,000 Norwegians found regular fish intake, two to three servings per week, resulted in an average of 30% lower odds of frailty.

Nuts:  Nuts are full of protein and also fight frailty.  A study of more than 10,000 participants found nut intake of just 1.02 ounces, or 23 almonds, daily was the significant threshold to reduce the odds of frailty.

Carrots and Orange Peppers:  Beta-carotene has been shown to fight aging. Part of the aging process is oxidative damage to telomeres in your body. In essence, the shorter your telomeres, the older your biological age. High levels of beta-carotene in the blood have been shown to protect telomeres and brain.

Thus, nutrition, healthy diet, adequate sleep and regular exercise are essential to maximize your health span.

Source:  Nick Barringer, 3 Foods to Increase Your Health Span, Military Officer Magazine volume 21, issue 12, December 2023, pg 30.

Cultivating an Attitude of Gratitude and Nurturing a Winning Mindset

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Cultivating an attitude of gratitude is crucial for developing a winning mindset in sports and life.
Here are some key points on how gratitude contributes to a winning athletic mindset:

  • Gratitude fosters a positive outlook and resilience. Athletes who practice gratitude are better able to maintain an optimistic perspective, even in the face of setbacks or losses. This positive mindset fuels their drive and determination to improve.
  • Expressing gratitude helps athletes appreciate the journey, not just the outcome. Instead of solely focusing on winning, grateful athletes value the process of training, learning, and growing as an athlete. This joy in the journey itself enhances their motivation and performance.
  • Gratitude counters a sense of entitlement. Grateful athletes recognize the opportunities, support systems, and hard work that enable their success. This humility prevents complacency and drives them to give maximum effort.
  • Practicing gratitude builds mental toughness. When athletes express thankfulness even after losses or failures, it helps them reframe those set

A positive mindset and an attitude of gratitude are powerful tools in winning, achieving athletic success and personal growth. Embrace them!