The James Dicks Blog

If you have read my articles for any length of time, you know that I am a zealot when it comes to goal setting. I constantly set my personal and professional goals. I write them down and watch them come to life and I hope you do the same. But one thing you should keep in mind is that your goals must match your personal value system. If any projected goal doesn’t mirror what you personally believe then your chances of success diminish greatly. Your core values, your personal desires and what you believe in are all intertwined. If you forget about one of them, the whole thing tumbles to the ground. Goal setting then becomes pointless.

Knowing what you truly believe is extremely important to create a listing of goals that actually mean something to you. Your values are standards that guide your conduct, your personal relations with those around you and give you the focus and direction needed to excel in your career. Look at it this way; it’s simply your moral fortitude – those feelings that help distinguish right and wrong and help you live your life in a meaningful way.

You must also determine who you are and understand your strengths and weaknesses. Evaluate your abilities and consider your accomplishments and failures. Knowing who you are and what you are capable of prevents you from creating goals that underestimate or overestimate your expertise and directs you toward realistic, attainable goals. Hey, shoot for the moon but if you create realistic goals you are more likely to succeed. Inaccurate direction can cause you to lose many valuable assets including time, motivation and self-esteem. Believe me; you don’t want to go there! Goal setting is a positive exercise so try to maintain your constructive attitude and examine your situation logically.

Be prepared to update your goals to mirror what is important in your life right now. Things change and so should your goals. Update your aspirations and objectives now and again to help you achieve the things you need to do right now. If your situation changes but your goals don’t, you could lose your drive to achieve the desired results. Increase your chances of success by defining what is important to you. Develop your goals based on personal values, desires, and innermost beliefs, and create your achievement expectations to match your circumstances. If you skip any of these steps, you could weaken your motivation, fail to work up to your abilities, and reduce your opportunities for success.

Developing a road map for life will help you no matter what you do, personally or professionally. When your goals are reasonable and emulate your values and desires, you will become extremely motivated. I guarantee it. When you become motivated and work hard to attain your value-oriented goals, you will more than likely succeed. When you succeed, your motivation will continue to expand, and drive you to set new realistic and attainable goals, which will allow you to continue to achieve. Know who you are, know your current circumstances and desires, set your realistic goals, and start to succeed. Do it today!

JamesDicks General goals

Routinely, the stock and bond markets pretty much follow the sentiment of the day. And, at times, it actually gets to be pretty ridiculous. For instance, the stock exchanges were extremely weak the other day based upon the idea that the Asian and European economies were beginning to show some definite weakness. So, it’s not enough for us to concern ourselves with our own economy, now we have to worry about what’s happening in China? Investors seem to worry about just about everything. Some things are actually happening (the war in Iraq, poor earnings reports, weak economic numbers, and economic stimulus packages) and some things are yet to occur (possible future terror attacks or what Mr. Bernanke “might” say to some congressional committee next week).

Look, our day-to-day routines with our families and our jobs normally guarantee a steady stream of decisions to make and problems to solve. So, why worry about the financial markets. Most of the events that change the direction of the markets are completely out of our hands anyway. What we should be concentrating on is how we can create a portfolio that is relatively immune to these outside events. Create a portfolio that can weather the storm of global uncertainty.

You’ve heard all of it before. Diversification and proper money management are the best methods of insuring that your investments (no matter what they are) will be protected from the highs and lows in the markets. In a diversified portfolio, should one investment react poorly to negative national or international events, you can normally count on another investment to make up the difference.

Examine your personal investment model on a semi-annual basis, or at the very least, annually. Really explore what you are invested in. Do your holdings include stocks, what about interest rate instruments, mutual funds, real estate, commodities, the foreign exchange markets? Choose the opportunities that give you the most comfort. If you can’t sleep at night worrying about your investments, then you shouldn’t be invested in them. Learn as much as you can about the investments you don’t understand that could possibly help your future financial growth. For instance, if you don’t understand REIT’s (Real Estate Investment Trusts), read about them, ask questions, study the topic before you make any monetary move.

Once you are involved in a particular investment, make sure you follow its progress. If you are trading stocks or Forex, always set your stops and limits to guard against losses. If you are investing in a 401(k) plan at work, study your investment options often and rebalance, when necessary. The key to a positive investment life is education.

You can count on the world situation being volatile today, tomorrow, next week, and probably for the rest of your life. The financial markets will continue to show weakness on some days and strength on others. If you meet the challenge of creating a balanced portfolio through diversification you most likely will worry less and definitely have more time to enjoy the most important things your life has to offer, family and friends. It really is that simple.

Happy Investing,

James Dicks

JamesDicks General financial growth, forex, investing, investment, stock market

It’s the small things that will add up; some obvious things like saving on your electric bill or re-evaluating your other monthly bills. Take a few moments to go over your personal budget and examine all the money going out and all money coming in. A few simple strategies, like using fewer Christmas lights and limit the time they are on during the holidays (See my last blog), reducing unnecessary expenses around the home or office, car pooling to work and less or more creative types of entertainment. These are all areas where you can begin to save money.

If you are saving money, then you are making money so remember it’s pretty easy for anyone to start making some cash, just save a little. A few other areas that you can look to making a difference are areas such as your insurance; we all have a tremendous need for insurance in all areas such as home, health, automobile, life, and disability. Meet with a trusted insurance agent and review your policies to see where you can make some changes that will keep you adequately insured but not over insured. Insurance is an area that many of us simply buy buy buy!

Top goal for 2009 review what you have in insurance and what you need.

Those of you that are in a mortgage and not upside down, this will be the year to refinance. The rule of thumb is 2 points. If the mortgage rates have dropped by at least 2 points then it is worth refinancing, but hold out because we have a ways to go before we see the bottom of the long term home interest rates. You will be able to make a significant savings by refinancing so pay attention to the rates and be ready to refinance when the time comes.

Remember, if you’re saving money, you’re making money!

Happy Investing!

James Dicks

JamesDicks General expenses, goals, mortgage, saving money

Well it’s amazing and here is some background. Shortly after Thanksgiving every year my kids, like all others, get excited about the holiday season. One of the things we like to do is ride around the neighborhood and look at the Christmas lights but this year was strange because more than half of the homes that had lights last year didn’t have Christmas lights up. I was wondering why, until yesterday – now I know.

It took two weeks after Christmas for me to figure it out; I guess I am a little slow. We have already taken our lights down and then it hit me, or should I say delivered to me. I got my electric bill in the mail today, it was way higher than expected, I actually got a shock -sorry couldn’t resist it. But seriously I couldn’t figure out why it was so high, so my wife called the electric company and complained. We are conscious about wasting electricity in our home and this bill was insulting.

I wanted to know when the reader from the electric company was last at my house. It’s no secret that electric companies take an average of your meter each month and they don’t always send someone out to your home to read the meter. Only until you call and insist or complain will they send the meter reader out. Some places the meters are digital and will automatically upload but there’s not that many yet.

So after going back and forth with the electric company we find out the most likely culprit of our astronomically high electric bill were the Christmas lights. After further discussion the nice lady in customer service from our local power company told us that there were a lot of people who just didn’t put any Christmas lights up in an effort to save money on the electric bills this year. WOW – the economy is affecting all sorts of things even the little things, so next year, I put up lights but if you want to see them you better drive by early because they will only be on from 7:00 pm to 7:20 pm.

If you’re saving money you’re making money!

Happy Investing!

James Dicks

JamesDicks General expenses, goals, saving money

On my way into work today and I heard a news report where Hollywood actor, Tom Cruise, revealed that the teachings of the Church of Scientology helped him beat dyslexia. Cruise said at the age of seven he was diagnosed as having this language-based learning disability that can include problems in reading, spelling, writing and pronouncing words.

He said, “Nobody gave me a solution and I wanted to know why the system had failed. Finally, as an adult I learned to read perfectly through the method of [Scientology's late founder] L. Ron Hubbard.”

In the United States, researchers estimate the prevalence of dyslexia to range from three to ten percent of school-aged children, and are more common in boys though some have put the figure as high as 17 percent.

I think this is fantastic that yet another person has overcome this sometimes debilitating disorder and I should know since I was diagnosed with it in the early 80’s. I wish it had been sooner. I had all the classics symptoms; poor spelling, placing decimal points in the wrong place and making basic number switch mistakes. It was difficult for me to read, I would become bored, had headaches, my level of comprehension was extremely low and the words were blurry and hard to read. I could easily look at a magazine article and lose focus.

But I, like Tom Cruise, did learned to read perfectly, and even better. I now read at an average rate with 100% comprehension level. Best of all I didn’t have to follow the teachings of Scientology to do it. Great for Tom but its probably not for everyone. Let me share my story on dyslexia in the hope that it will help someone else, pay it forward I ask you do the same.

I remember heading out on the town one night and while riding in a friend’s car I grabbed his Ray-Ban sunglasses that had a yellow tinted lens in them like a shooting safety glass color. I put them on and as I looked at the road signs coming up I was amazed at how clear they were and how big and bold the letters on the signs appeared. I asked my friend what type of prescription he had and to my amazement he laughed and said there was no prescription. I couldn’t believe it! Seriously it made that much of a difference, and this was well before I had any idea of about my dyslexia. I certainly struggled through school and had all the classic symptoms. In fact, I had made it through to my late teen years before ever really reading a book from front to back.

I actually borrowed my buddy’s sunglasses and began wearing them all the time; I still have them today. He may still want them back – hope he isn’t reading this. My uncle saw me wearing them one day and asked me why I was wearing them indoors so I began to tell him the story and he smiled. He began to tell me about The Irlen Method.

The Irlen Method is the only research-based color method backed by over 4,000 school districts. Used by educators since 1983, this patented method and color-based technology was discovered by Helen Irlen, MA, LMFT, the nation’s leading expert in perceptually-based reading and learning difficulties.

The Irlen Method is a non-invasive, patented technology that uses colored overlays and filters to improve the brain’s ability to process visual information. It is the only method scientifically proven to successfully correct the processing problems associated with Irlen Syndrome.

My uncle then told me that both my cousins were tested and had started using their color lens. He offered to pay for me to go for the tests. It was a little harder back then because I had to travel to get tested but it was definitely worth it. The testing was very easy and it worked. To my amazement, I ended up with a pair of glasses with a red lens, no prescription. I remember reading several books shortly after getting my glasses, including Clear and Present Danger by Tom Clancy, a 700 plus page book, and I was so excited. It was certainly the biggest book I had ever read cover to cover and all because of the research from Helen L. Irlen – thanks Helen.

If you would like to learn more or get tested then visit her site at http://irlen.com. Today they make it much easier for testing and will actually come to your home; it’s inexpensive but it’s priceless. Okay enough with that I am not selling her services I don’t need to they sell themselves, what I am saying is that you can spend a few hundred dollars and teach yourself to read versus following the teachings of scientology.

Here is another example. The other day I was at lunch with a friend of more than 15 years. We were working on a project and he was telling me how bad his eyes were killing him and that he had a headache. We started talking and I told him about the Irlen Method, I gave him my sunglasses which had a color tent, and told him to look at his computer screen he was amazed like it was the first time. I told him to go to an office supply store get a few color report covers, the see through ones, and place them over the text to see if it made a difference. I saw him the next week and he told me he got the colored sheets and was using them to put over his computer screen and explained that he was able to read more than he has ever read before and called Irlen and that they were coming to his house to test him and his younger son. He is now a believer for sure.

By the way, if you don’t have dyslexia it really won’t make any difference to you when looking through color sheets or lenses. Here is an example; if I put a news article into your word program we would see the same thing – or would we? We wouldn’t but if I told you to change the font size from say eight point to ten point and then make it bold that’s what I would be seeing when I put on colored lenses with no prescription, truly amazing.

Recent studies indicate that dyslexia is particularly prevalent among small business owners, affecting roughly 20 to 35 percent of U. S. and British entrepreneurs. Researchers theorize that many dyslexic entrepreneurs attain success by delegating responsibilities and excelling at verbal communication.

Other world renowned celebrities who suffered from dyslexia are Richard Branson (entrepreneur ), John Chambers (CEO of Cisco), Keira Knightley (actress), Jay Leno (talk show host and comedian ), Guy Ritchie (film director), Orlando Bloom (actor), and many more.

Pay it forward -

All my best,

James Dicks

JamesDicks General Dyslexia