Musings Episode 9: Fitness, Stress, and Finances…

So this weekend a friend and I worked out together. My usual routine is 5 days a week and weekends to myself, but I thought I’d throw in some extra credit this weekend just for fun.

So we’re at my gym and he’s on the spinning cycle while I’m cranking out a few pull-up variations and we get to talking.

Y'know, just crankin' 'em out....

Y’know, just crankin’ ’em out….

“Hey Rego?”

“Yeah?” I say between breaths.

“What’s the point of all this really? I mean besides the physical results, why really bother if you just eat right?”

It’s here I drop from the bar wiping sweat off my forehead and giving him the look.

The look being the “are you serious” kind.

At first, I thought about giving him the long, logical, “it practically makes sense, man” type explanation…but I didn’t. Instead, I uttered these three words:

“It makes money”.

Puzzled, he looked on at me trying to fathom how that even made any sort of sense at all.

You’re probably wondering the same thing. Well, let me elaborate….

Exercise…working out…fitness, whatever you may want to call it, is one of the many things that breeds success. Sure, there are many other things that breed success, but to be honest, working out, scientifically, can get your head clear…and if you have blue skies in the horizon where your dome is (dome as in, noggin…as in head), you’re far less likely to experience a “success block.” Ever heard that saying “empty room empty mind”? Yeah, the same applies here.

And contrary to popular belief, fitness isn’t just about the physical results – in my opinion, that’s just a perk.

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Think of it this way – by staying fit, (along with healthy eating), you eliminate stress. Stress causes toxic release, and can also cause high levels of LDLs/VLDLs to be released – aka “bad cholesterol”. By working out, this counters those LDLs/VLDLs with HDLs, or “good cholesterol.”

Yes, there is such a thing, as good cholesterol.

Archer Season 2: "Wait wait wait...there's GOOD cholesterol...???"

Archer Season 2: “Wait wait wait…there’s GOOD cholesterol…???”

By eliminating stress, you have more energy, more awareness, and more clarity. All of these combined can be of extraordinary benefit, because this means you can focus more on brainstorming and have ideas “pop” into your head, staying there with better vividness and goal oriented objectives.

Many of the private clients I train are corporate level people. While some drop off like flies because they can’t hack the workouts, others stick around understanding exactly why they’re doing it.

It’s not hard work they’re after. They’re not masochists…but they do understand that the slight edge comes from doing little things that seem to make little difference – but in fact are huge.

They understand that it’s not just about acquiring money – but keeping your head clear, focused, driven, and on track to acquire, keep, and distribute that money most effectively.

Right down to the penny.

Right down to the penny.

The sad part is many people don’t look at life that way….I can tell you of people who make in excess of $1 million per annum…but their cash flow makes them live like a $30,000 per annum type person.

Understand this whole discussion on fitness is partially a metaphor…and partially fact. For a while now you guys have seen me blog on epic life experiences to keep your imaginations active, contribute to your lives being filled with fun, and remind you to not take every little thing so seriously.

Today though, I want you to see the scientific side of things.

So often nowadays many just sit on their bums tapping away at their smart phones, they never ponder over why they really DO any of the things they do. You get out there, you pitch, you make money, but for what…? What actual goal is it that you have in mind, that motivates you…?

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People who say they work a job or own a business for the passion of it, I call bullshit. Yes, true, you can thoroughly enjoy the work you do, but really it still boils down to an objective.

This is what fitness does.

It trains you mentally to form objectives.

To form milestones.

To form goals.

Without this, all of humanity would just be a meandering and meaningless existence.

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The first time I saw this, I laughed, thinking no way humans would ever get to that state….now, I stand in silence sometimes.

The lion hunts to eat.

The bird flies to travel from A to B.

Even the shrimp sucks up bacteria for a greater purpose.

Every living thing, was designed for an objective.

The difference is, humans have free will. They have choice. Something that was never given or bestowed upon any other creature on earth.

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When I look at people, and I see them exercising – I see someone who takes initiative – for themselves mostly but indirectly for every other choice in their life.

Financially speaking, working out is beneficial in that it can clear your head on different levels. A difficult, long-enduring workout can make you feel reborn again the next morning. It may hurt like hell the first time, but it makes you feel different. Working out, any kind of working out unblocks certain paths in the brain to enhance thinking, heighten awareness, and adjust to environment.

This is why some guys who just pump iron for size, well…I call them lazy gym buffs.

As an entrepreneur, it’s all about improv, new ideas, improved thinking, different methods of approach, finding more than one solution, and finding the most effective way to get something accomplished.

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Being active in fitness for more than 10 years, all of these principles and concepts apply in both business and health.

Just another reason why I’m a great admirer of contact and combat sports such as MMA and fencing.

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They open your mind to thinking steps ahead of your opponent…and your opponent doesn’t even have to be another person – it could be thinking ahead for potential future business concepts.

Look at Donald Trump.

Robert Kiyosaki.

Tim Ferriss.

Venus & Serena Williams.

Kelly Slater.

Heck, Warren Buffet even.

They all share a common trait. They all hold a certain set of beliefs and ideas about both business and lifestyle. The two are inseparable.

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It’s athlete’s like these which will always be ahead of the game…even when they come out of it. Kelly Slater – moving from performance to product. Genius.

They all think one, two, even three steps ahead of the game. That game you could label as life, business, anything. The bottom line is, they’ve learned to alter their thinking to such an extent that when it really is game time – they don’t choke – but seize the opportunity.

He who hesitates is lost.

This is what I meant when I said to my friend fitness makes money.

It clears your head.

Opens your mind.

Makes you constantly think of new, different ways to enhance your health…just another reason why I try never to let my private clients get bored with their workouts – you get bored with the workout, it becomes routine – routine is damaging. A routine workout can be as bad as being stuck in the rat race – you’re on that treadmill never thinking of when you’ll reach your destination because you’re too distracted by meaningless crap that keeps you from looking at your milestone markers, which help you indicate how much road you’ve got left to go.

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TVs on treadmills….minus ten points.

It’s all about TRACKING progress. Self-evaluation is critical. Don’t ignore the miles – count them and jump for joy every time you can go an extra one.

Remember – it does not matter how slowly you go, as long as you have an objective and DO. NOT. STOP.

advance past go

Advance past go and collect $200.

– Rego

Musings Episode 9: Fitness, Stress, and Finances… is a post from and appeared first on Rego’s Life

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Musings Episode 8: Self-employment, Investing, and Commodities

So this weekend a couple of buddies of mine and I talked finance over a Sunday lunch, and this is what we came up with.

Why is it…that self-employed people don’t think to invest in commodities? Or even currency trade?

Forget stocks, bonds, and all that other junk. Well…option buying with stocks isn’t too bad, but that’s another story, another time.

The reason why I’m focusing on currency trade and commodities, is, well…because they both make absolute sense in today’s time. Commodities, more than currency trade by far.

Why?

Well, think pre-fiat currency. Before paper money, many bartered – with either silver, gold, copper, iron, you name it.

Back then, this could even be considered being a fucking millionaire.

Back then, this could even be considered being a fucking millionaire…

The Aztecs form of currency was cacao bean.

....and that better be a thoroughbred.

….and that better be a thoroughbred.

The trades we often forget about today brought in great profit if you knew what you were doing and knew what you were looking for.

Fur trade, carpentry, sewing, and every material that was required to make these things possible – all things that we take for granted today, were valued highly and well known with our ancestors.

...especially this guy. This guy was a god. Assassin and Native American

…especially this guy. Though non-existent, this guy was a god. Assassin and Native American.

Now, when we go to pick up milk in a grocery store (coconut milk for me), most of us don’t even think about how many coconuts it took to make it.

The bottome line is…many of these services, from making clothing (unless you wear polyester) to the pack of (certain) chewing gum you’re constantly smacking on, all require basic things from nature – aka commodities.

Getting back to my point, investments are so much more than stocks, bonds, 401ks, and savings accounts (HA…haha….ha)…those are the outdated ways of making extra money. Either high risk and little return (if you don’t know what you’re doing), or slow risk and break even return (by the time you compare inflation with it).

Look Timmy...you made a whole .0032549498 cents!

Look Timmy…you made a whole .0032549498 cents!

You wanna talk recession proof? Depression proof? End of paper currency oh shiz it’s the end of the world proof? Start investing in solid investments – things that humanity can’t live without.

Filtered clean water.

Food items, whether you’re vegan, vegetarian, or omnivorous.

Crude oil.

Natural Gas.

Copper.

Cotton.

Timber.

Think up any basic thing that you put on, eat, drink, write on, or consume, think what it’s made from, and you’ve got yourself a solid market to invest in.

And currency? Ha…the currency we have to day is a joke – but for the time being it still buys and allows us to invest in all these stable things….

….and we can invest in REAL currency such as precious metals, while the getting is good.

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Everyday, I wear around my neck a silver chain necklace I’ve had in my possession for over 10 years. 10 years ago, it was valued at $30.

Present day, it’s valued at almost triple that.

I remember walking into a Jeweler’s in England back in ’09. Doing some light holiday shopping, I thought I’d buy a bracelet of equal weight to complement it. The bracelet was quoted at double what I paid for the necklace – but half in size.

How’s that for an obvious statement.

I remember writing a 20 minute critical commentary, including powerpoint presentation concerning China and it’s global effect. I decided to center the commentary around China and commodities, and if the boom would become an eventual bust.

Ahh, Shanghai…

2 months later back on my way to the U.K. I picked up a Financial Times paper before getting on a departing flight from Seoul, South Korea. My evaluation, and prediction, stared at me in the face within an article in that same paper concerning that exact subject.

Speaking honestly – university wasn’t an education for me…God no. It was academia, and business thinking was far from expected. No, that was, “after uni.” Any time before that, many times you were considered unusual or “idiosyncratic,” one of my lectures not so fondly said of me.

No, instead, university was something I partook of as an experiment, to see if what I’d learned from the real world was actually applicable, and really, if I’d learnt anything at all.

And I did.

Plain and simple I did.

And I learnt it well.

What I realise is, in all the academic training we receive from colleges or universities, people are rarely ever taught in most courses or modules the truth. They’re instructed how to follow – never to lead. They’re instructed to regurgitate information from a book – but rarely to state their own opinions without always referring back to some scholarly person.

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Academia…the second best business to get into next to religion.

So when people become employed, and they choose to branch off into self-employment or any form of independent business practice such as starting their own company, most often the “employee” minded thinking never quite leaves them. The inside-the-box thinking stays with them.

And really, it doesn’t take much to think outside the box about commodities. If you just think, “back to basics,” you’ll realize there are a plethora of lucrative business opportunities and investments, just by thinking of the simple things.

But for now, I both want, and need, all of you to understand that following the mass majority way of thinking is old and dated. People like Tim Ferriss – the man well known for being part of the new rich, and though older and more classic, Robert Kiyosaki – heck, even Donald Trump, as much as I don’t always agree with him – are on the right track.

Do you know why? Because they rarely, if ever, reinvent the wheel…they simply, improve upon it.

Commodities….currency.

Currency trade is not for the faint of heart. Though ironically fueled by emotion, it is still partially fueled by world economic decisions – which still, when you think about it, tie in with emotion. Worry, stress, and pessimism. Excitement, anticipation, and optimism.

Each and every on of these things plays a hand in how currency value and exchange rates fluctuate.

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Commodities, on the other hand…well, while some can also be fueled by emotion (mass panics when the media states there may be a “shortage” of gas), most of it, if played right, can be a steady investment.

Hell, even liquor stores are worth their weight in gold – while liquor stores make money, rain, snow, or shine, depression, recession, Cinco de Mayo or world Olympics time, the suppliers of the ingredients that provide the breweries and factories that make the liquor prosper and prosper well.

Three measures of Gordon's, one of vodka, half a measure of Kina Lillet. Shake it very well until it's ice-cold, then add a large thin slice of lemon peel. Got it?

Three measures of Gordon’s, one of vodka, half a measure of Kina Lillet. Shake it very well until it’s ice-cold, then add a large thin slice of lemon peel. Got it?

Let me reiterate. It’s not always a matter of reinventing the wheel…

…but improving it.

I’d like to expand more on this topic…I may very well be over the next few weeks, who knows.

In the meantime, really read into what I’m trying to say hear. Don’t just skim. There’s a bigger picture here other than words can describe…even if it may just be a teaser.

Stay sharp.

– Rego

Musings Episode 8: Self-employment, Investing, and Commodities is a post from and appeared first on Rego’s Life

Musings Episode 5: Winning the Lottery – Not as bad as you think…

Alright…so I’m not promoting any sort of gambling…but a few buddies and I had a discussion about what it’d be like to win the lottery. What we’d do with the money, how we’d feel, etc.

So the answers rolled in. One said they’d buy a big house, one said a Bugatti Veyron, another said both, and another said an estate with a golf course. While listening to all these answers, I was a little shocked and disappointed – until one of them said, “guys….what about after you buy all that stuff? What about maintenance costs? I know for a fact a million dollar beach unit can run about $30,000 in taxes alone – how much do you really think an estate would cost per annum?”

Alright sir, and your total annual costs come to....$1654649848465....and 63 cents.

Alright sir, and your total annual costs comes to….$1654649848465….and 63 cents.

She beat me to the chase…with a grin I agreed, and then asked her what she’d do with it. She then proceeded to list off business ventures and commodities she’d invest in, along with some other business ideas, and positive life experiences she’d like to have.

WOOOOO....!!!

WOOOOO….!!!

Usually, with the lottery there is a very negative stigma attached to it – there’s an actual statistic that states the majority of lottery winners lose all their money within the first couple of years and end up worse off than where they started.

But what I’ve found is noone really bothers to ask why such a negative stigma is attached to this gambling trend that is practiced by millions every day. They never ask, “why do these people lose all that money?” and never ask “how did they lose all that money?” Most people just accept the fact that, “it is what it is,” and feed into the stigma, never unearthing the real root of the problem.

The root of the problem is not foaming at the mouth from having millions of dollars, no…there was once a report of a man who was on public assistance for food and continued to receive benefits while still holding his lottery money.

The root of the problem is in fact much simpler than that – and it’s only four words – lack of financial education.

And I don’t mean the economic kind they teach you in school. The Keynesian economics taught is more of a joke than an actual way to rationalize how money works and why fiat currency operates the way it does.

The answer is many people have just learned to spend their money – never how to actually use it. They’re trained from kindergarten onward to do two things – buy “stuff” and work to buy stuff…then when they get to college (or sometimes earlier dependent upon circumstances) and go out on their own, they’re taught to “work to buy stuff and pay bills.”

The way the employment system is designed, the average person just meets the mark. They start out in school spending 7-8 hours learning – which conditions them for 7-8 hours of work when they reach adulthood. Aside from college where your lectures (or classes, in American terms) are staggered and you get more freedom of time, the average person is conditioned from age 4/5 to sit at a desk and build someone else’s dream…no wonder so many people are depressed or stressed out.

"When Cameron was in Egypt's land...let my Cameron goooo......"

“When Cameron was in Egypt’s land…let my Cameron goooo……”

So what happens many times when you spend 8 hours a day building someone else’s dream? You forget your own…but you still make money. The void one can feel is filled by consumerism, which thus begins the cycle. You work to pay bills, and whatever you have left over, you use to purchase “items” that give short term gratification.

They’re never taught about after purchase maintenance costs…matter of fact they’re discouraged to even think about it…and don’t even get me started on credit. Max out your card and then pay the minimum? Bull. Sh*t. The motto is “buy, buy, buy, and feel good…but don’t weep when the bills after the initial one comes”.

“Buy that BMW 5 series where they say you never have to change the oil except every 15,000 miles…but don’t weep when it gets engine sludge because we didn’t mention to only use a specific oil.”

“Buy that Ferrari Spyder, but don’t cry when repairs are needed.”

Those Ferrari’s are sweet rides, huh?

There is a belief in Europe. “Americans live to work, and Europeans work to live.” In my travels, I’ve realized this is partially true. No offense to any one nation.

So tying this all in with the lottery, we can understand to a degree now why people lose all the money they’ve won within the first two years and can be worse off than when they started. From childhood if their parents didn’t know any better, many have been steered in the wrong direction.

Instead of investing $40,000 in a string of automated businesses, they’re encouraged to go and spend $40,000 on a couple of Rolex watches and ridiculous looking rims.

This…this is how I get all the ladies…if I don’t run them over by accident first.

Instead of investing $1.1 million in solid commodities like gold and silver (no, not the kind you wear), they’re encouraged to go get that Ferrari Enzo they’ve been eyeing but thought they could never afford.

$15 million on a house by the beach? Or $15 million on something that could potentially bring you in an income of $30 million a year? Nope…still, some people will take the house over the business.

Why? It’s my theory that subconsciously we feel so starved from our real desires, the propaganda of the media and product focused companies/markets see this vulnerability and choose to exploit it…and they’re not wrong in it either – it’s nothing personal, just business.

So what do they do? They sell, sell, sell….through magazines, television, movies, music even, billboards, you name it they do it…and there’s absolutely nothing wrong with it….because people buy, buy, buy.

They buy because in my opinion when you are so starved from your dreams or desires because you’re constantly pursuing someone else’s through your job, you can pretty much be assimilated to a guy who hasn’t eaten in a week.

It doesn’t matter if this guy ate superfoods at $300 a month alone on just the powder, ate caviar as if it were brazilian nuts, or ate lox and drank an entire bottle of champagne on a daily as breakfast. If he hasn’t eaten in a week and in his mind he’s used to and wants to eat 6 meals a day of only rich (and sometimes unhealthy) foods, it’s irrelevant and he’ll take what he can get if it looks appetizing enough.

So my point is it’s the same thing with the lottery. If the average population is used to having roughly 50-80% of their income go towards bills, of course they’re going to look for an outlet, whether it’s spending $500 at the bar on a weekend to “blow off steam from work”, or spending $5 million on 3 luxury cars right after they’ve won the lottery.

Their vision is clouded because of their surpressed desires. This is what makes them forget about maintenance costs and indefinite taxes…and the way the education system is set up, you can’t really shove the blame on them, they’ve been misled.

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Where they can be reprimanded however, is not making the conscious decision after they’ve realized this, to go and make change with their way of thinking. This is where financial education comes in. Robert Kiyosaki, though slightly old school in his methods compared to Tim Ferriss, believes that financial education is one of the single-most important educations a person should have – even surpassing your standard academic education.

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And he’s right. Academia can get you to a point, but if you don’t know how to utilize all that knowledge, or even turn that knowledge into a financial river of cash flow, and you’re still working away on auto-pilot with no destination that aims towards YOUR financial success, spending $50,000 plus on a college education really wasn’t worth it in the first place…

….because for $5000 a person who’s never even been to college but invested in financial education, works the same job you do, somehow travels or has more experiences than you do, and somehow ends up with the lucky numbers of the lotto and takes off like a rocket in starting their new life and beats the negative stigma of the lotto, just by making choice decisions and knowing how to work the financial system…has developed more value than a piece of paper that shows you made good grades at an institution that is a business within itself.

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Think about it….

Rego

Musings Episode 5: Winning the Lottery – Not as bad as you think… is a post from and appeared first on Rego’s Life