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Posts Tagged ‘learning about money’

Ever since I was a kid, it was ingrained in me that the world is driven by money. One of the best lessons I ever learned about money was when I was six years old. I had performed some chores around the house for my mother.

I was given a dollar one time to climb on a ladder and dust the ceiling fans. I earned every bit of that dollar because of a terrible, panic inducing fear of heights. I was proud when I accomplished the task and received my due reward. As anyone knows, dusting fans is dirty work, and my mother had my clothes in the wash immediately. That dollar was torn to bits and washed away never to be seen again.

Sometimes when I lose on a stock or fail to see a top forex indicator I feel like I left those dollars in my jeans and they went through the wash. I have put a lot of thought into this lately especially the way gold has been on the rise.

I normally see excellent returns. I keep far away from bonds and I use the best forex indicator for me, the Simple Moving Average. I am definitely not a financial wizard but I know to keep my money away from the washing machine now.

I want my money to stay strong, be strong, like a tough truck. I loved those trucks when as a kid. I would like to think that my money is truck tough and that’s why I have started to purchase silver. If silver jumps like gold has then I will be in a very strong position and moving to retire early.

Thinking back to when I was a child I had not real concept of a global world. I mean the mall sounded like a really far away place. I did leave the country one time but I slept through the plane ride. I really didn’t have a concept of how far I travelled. Everyone there spoke my language too so it was not like I was immersed in a culture too different than mine.

It was not until college that I really started to travel. That is when I started understand foreign exchange, currency, forex indicator. I had more of a sense of how the global economy worked. I just never want to have that feeling again of washing a dollar down a drain.

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