Tag Archives: mentored life

Face Your Fears

A number of my mentors have said to do something that scares you on a daily basis (or at least regularly). I’m certainly not an adrenaline junkie, although I do enjoy pushing my own boundaries every now and then. I find it invigorating to challenge what I believe is possible for me, especially when it helps me to realize that I’m capable of so much more than I often believe.

I recently had an opportunity to challenge those beliefs once again. I’m generally good with heights, as long as I’m on something sturdy – not like the scaffolds my Dad used to send me up on when I was younger when I was helping him build houses. As you’ll see in the video above, I recently climbed up to a little platform 30 feet above the ground and stepped off to experience a free fall. It wasn’t really a free fall, considering I had a climbers harness on that was attached to a cable designed to slow me down before I crumpled to the ground. It did take a fair bit of courage to actually walk to the edge and step off though. From the ground it looked fairly harmless – from the platform looking down was a whole other story though.

I’m now looking for my next adventure to step out of my comfort zone. I recognize that everything I want that I don’t currently have is outside of my comfort zone, and one of the best ways to expand that zone is to do something that scares me a little bit. I don’t suggest taking unneccessary risks, putting your health and wellbeing in danger, or doing anything illegal – just looking for ways to expand your belief in what you think is possible. Who knows what you can accomplish after you realize you’re actually capable of more than what your fears tell you is possible.

Leave me a comment below, and tell me what you have done, or will do to challenge yourself. Who knows, maybe you’ll inspire me to try something new also.

For more mentoring tips get a FREE copy of "The MENTOR Method to a Wealth Mindset" report here.

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Are You Ready For The Biggest Wealth Transfer In History?

You’d have to be living in a cave for the past few years not to have noticed all of the changes happening in our world lately. Fortunately, rather than living in a cave for the past 3 years I’ve been spending that time reading, learning, attending seminars, interviewing mentors and whatever else I can do to educate myself and figure out how best to handle the changes occurring around us.

What I’ve come to realize is that unfortunately the vast majority of people are unprepared for what’s likely coming, and I’m therefore making it my mission to do what I can to change that.

Before I go any further, I want to emphasize that I’m not sharing this to spread doom and gloom, but to hopefully help you see the amazing opportunities that are here, that we’ll likely never see again in our lifetimes.

We’re in the middle of the largest wealth transfer in human history. It may seem that your dollars just don’t go as far as they used to (and for good reason – they’ve lost about 95% of their purchasing power since 1971), and that’s because the continual printing of more money is diluting the value of the ones already in circulation. All of this new money isn’t going to disappear though

As history has shown money simply transfers – from the uneducated to the educated. That’s why I want you to be on the right side of this wealth transfer, and education is the first key. Until late 2008 all of our retirement funds were in the market and I suspect you’re likely in a similar situation. Fortunately for me I had a couple of people tell me in the summer of 2008 to get my money out of the market because they saw what was coming. TOO BAD I DIDN’T LISTEN!

Instead, my wife and I watched 1/4 of our portfolio vanish. I’m not telling you this so you’ll feel sorry for us. I’m sharing this in hopes that it doesn’t happen to you (or happen again if you took a hit in ’08 like us).

Here are 3 reasons I believe 2008 was just a warning shot and a wake up call for what’s to come.

First, things really started crumbling when the subprime wave crashed, and the housing bubble burst. We all know what happened to the markets and the economy as a result. What you might not know is that there is a second larger wave of Adjustable Rate Mortgages that started re-setting in late 2011. Are we really in a position to weather another wave of foreclosures?

Second, for the first time in world history we have a fiat currency as the reserve currency for virtually every country on the planet. Fiat meaning “money without intrinsic value” or “worthless paper”. With the US now spending about 3 Billion dollars more per day than they make, how much longer can this continue?

Considering EVERY fiat currency in history, right back to the Roman times has failed, it’s only a matter of time before this house of cards comes down too.

Lastly, my parents are part of the huge 75+ million person baby boomer demographic that are all reaching retirement age. There are 3 of them for every one of my generation, so imagine what happens when they all start pulling out of their retirement accounts instead of putting in. Not to mention collecting their government pensions and utilizing other social programs. This demographic has had major influence on industries from baby food, to fast food, to minivans and housing – only in each of these instances they were flooding money in, not pulling it out!

Now for the good news! Like I mentioned earlier, money doesn’t disappear – it simply transfers. That’s why I’ve moved mine into the areas poised to protect and preserve what I have and also with the greatest potential gains.

Let me preface what I’m about to say with this. I’m not a financial planner or advisor. I’m not giving advice or suggesting you follow what I’ve done, and I encourage you to do your own research and seek advice. I’m simply sharing what I’ve learned in the hopes that it will help you too.

In times of uncertainty people always fall back to what’s real. Gold, silver and precious gems have been used as money and stores of wealth for centuries. In the past few years you’ve likely watched as precious metals reached new highs. Both gold and silver are at or near all time highs. Although they have yet to reach their inflation adjusted highs. In fact, silver is near an inflation adjusted low and is an incredible opportunity that works as an insurance policy against inflation and an excellent investment.

I’m focusing all of my attention on real, tangible assets that I own, can hold or see, and understand the simple supply and demand factors affecting their value. Please see this as an encouragement to do some more research of your own and educate yourself. My purpose in writing this is to hopefully share some of the knowledge I’ve gained and to help you avoid the losses that I’m afraid much of the population will incur.

Best of Success,

Dan Giercke

For more mentoring tips get a FREE copy of "The MENTOR Method to a Wealth Mindset" report here.

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