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>>> Critical Thinking , At Its Best!  

pal334 69H  
51422 messages
14/3/2015 4h36

Dernière Consultation:
15/3/2015 1h45

>>> Critical Thinking , At Its Best!

Have you ever had the reason to wonder about advice being given to you by an alleged "expert"? Please read this and see the remainder of my comments at the end.


Woman:
Do you drink beer?

Man: Yes

Woman:
How many beers a day?

Man:
Usually about 3

Woman:
How much do you pay per beer?

Man: $5.00 which includes a tip

(This is where it gets scary !)

Woman:
And how long have you been drinking?

Man:
About 20 years, I suppose

Woman:
So a beer costs $5 and you have 3 beers a day which puts your spending each month at $450. In one year, it would be approximately $5400 correct?

Man:
Correct

Woman:
If in 1 year you spend $5400, not accounting for inflation, the past
20 years puts your spending at $108,000, correct?

Man:
Correct

Woman:
Do you know that if you didn't drink so much beer, that money could have been put in a step-up interest savings account and after accounting
for compound interest for the past 20 years, you could have now bought a Ferrari?

Man:
Do you drink beer?

Woman:
No

Man:
Where's your Ferrari?


I learned years ago that many "experts" really have no experience, they are just puking out what they have read in a book written by another "expert". This really rang true to me during the recent economic down turn. Close friends of mine, at the beginnings of the problems went to "experts" for advice. Both they and the "experts " lost substantial assets. My strategy actually kept me with no loses, no great gains, but no loses. What are your experiences with "experts", have they been good, bad or indifferent?




Please cum visit my blog,,,,,,,,,,,,pal334




lomileage5 68H
10248 messages
14/3/2015 5h16

"experts" are people,just like you and me. if you have reasonable intelligence and self discipline,you can keep the fees paid to an expert and do better on your own. my analogy regarding investing is that i prefer to be a turtle,always heading in the right direction,rather than a thoroughbred race horse running the wrong way


SimpleLatina 59F
3447 messages
14/3/2015 5h31

So true. I always am suspect of an almost fresh out of college expert. I want an expert ,like I want my men,, experienced and mature


aNAUGHTYmous 67F
377 messages
14/3/2015 5h49

I had no losses as well...... I visited no experts. I trusted my gut instincts and what I learned watching my role models as I grew up!!

I have met far too many 'bookrote' experts and not enough wise experts humble enough to not taut themselves as experts which is exactly why they were called experts.

Wisdom comes from living and those who are actually wise will not agree that they are and actually will be a bit surprised they are called wise.

Have a great weekend.


pal334 69H  
45821 messages
14/3/2015 5h52

    Citer AmeliaCox:
    Great story. Most of the experts that I have encountered have been very generous with bad advice, bad intentions and overcharged for their rubbish advice. Amateurs with direct life experience are infinitely more worth listening to and usually their advice costs nothing. I just prefer to trust my own instincts, these days, they're getting better but they're not infallible.
I agree in many cases, ones own experience and intelligence will carry you through in most cases.

Please cum visit my blog,,,,,,,,,,,,pal334



pal334 69H  
45821 messages
14/3/2015 5h55

    Citer lomileage5:
    "experts" are people,just like you and me. if you have reasonable intelligence and self discipline,you can keep the fees paid to an expert and do better on your own. my analogy regarding investing is that i prefer to be a turtle,always heading in the right direction,rather than a thoroughbred race horse running the wrong way
Excellent points. I like your analogy ,, life is long, why take unnecessary risks?

Please cum visit my blog,,,,,,,,,,,,pal334



pal334 69H  
45821 messages
14/3/2015 5h58

    Citer SimpleLatina:
    So true. I always am suspect of an almost fresh out of college expert. I want an expert ,like I want my men,, experienced and mature
That is a good idea. someone with a track record male or female

Please cum visit my blog,,,,,,,,,,,,pal334



pal334 69H  
45821 messages
14/3/2015 6h02

    Citer aNAUGHTYmous:
    I had no losses as well...... I visited no experts. I trusted my gut instincts and what I learned watching my role models as I grew up!!

    I have met far too many 'bookrote' experts and not enough wise experts humble enough to not taut themselves as experts which is exactly why they were called experts.

    Wisdom comes from living and those who are actually wise will not agree that they are and actually will be a bit surprised they are called wise.

    Have a great weekend.
More excellent examples . Most real "experts" don't even realize they earned the title. Thank you

Please cum visit my blog,,,,,,,,,,,,pal334



spunkycumfun 63H/69F
41171 messages
14/3/2015 6h24


I love the Ferrari story.


superbjversion2 69F  
24388 messages
14/3/2015 6h32

I never have to worry about financial experts. They only tell you what to do with extra money .... they have no idea how to manage a tight budget.

Opportunity may knock only once, but temptation bangs on the door forever!


GhostofH 65H
22788 messages
14/3/2015 7h38

Luv this one, Pal!


pal334 69H  
45821 messages
14/3/2015 7h40

It is a good one. I once along time ago had an "expert" try to get me into one of those stock market things, guaranteeing astronomical rates of return. I took into account the products he was selling (all his companies),his age (early 20's), his attire (rumpled and department store quality) and just walked out , without a word.

Please cum visit my blog,,,,,,,,,,,,pal334



pal334 69H  
45821 messages
14/3/2015 7h42

    Citer superbjversion2:
    I never have to worry about financial experts. They only tell you what to do with extra money .... they have no idea how to manage a tight budget.
You are so right, they are into fast cash ,,,,,,,,,,,,,for them, seldom have real concern for you

Please cum visit my blog,,,,,,,,,,,,pal334



pal334 69H  
45821 messages
14/3/2015 7h43

Thank you, it is a subject that has been bugging me for some time

Please cum visit my blog,,,,,,,,,,,,pal334



sweet_VM 65F
81699 messages
14/3/2015 7h57

Very good logic here and great story Pal.. Loved this one. hugs V

Raining here today lots of it! I guess our run on Sunshine is over for a while.. Still really nice outside..

Become a blog watcher sweet_vm


pal334 69H  
45821 messages
14/3/2015 8h11

    Citer sweet_VM:
    Very good logic here and great story Pal.. Loved this one. hugs V

    Raining here today lots of it! I guess our run on Sunshine is over for a while.. Still really nice outside..
Thank you. It is a rainy and miserable day here, guess we pay for the sunshine.

Please cum visit my blog,,,,,,,,,,,,pal334



Tmptrzz 61F  
107039 messages
14/3/2015 10h13

great one Pal.. have a great weekend..

Seduce the mind and see what a wonderful adventure the body will take you on..


rm_foxyvixeen1 67F
709 messages
14/3/2015 15h41

HiYa Pal Very good


rm_sexyred_hot4 63F
228 messages
14/3/2015 15h54

I love the Ferrari story


pal334 69H  
45821 messages
14/3/2015 17h57

Of that I am sure. I think that being fully vested in your own decisions is critical thinking

Please cum visit my blog,,,,,,,,,,,,pal334



pal334 69H  
45821 messages
14/3/2015 17h59

    Citer Tmptrzz:
    great one Pal.. have a great weekend..
Thank you Hope yours is grand also

Please cum visit my blog,,,,,,,,,,,,pal334



pal334 69H  
45821 messages
14/3/2015 18h00

Not quite the whole point

Please cum visit my blog,,,,,,,,,,,,pal334



pal334 69H  
45821 messages
14/3/2015 18h02

It is good to hear the "other side" discussion, thank you

Please cum visit my blog,,,,,,,,,,,,pal334



pal334 69H  
45821 messages
14/3/2015 18h04

Thank you , a public service

Please cum visit my blog,,,,,,,,,,,,pal334



pal334 69H  
45821 messages
14/3/2015 18h05

Thank you

Please cum visit my blog,,,,,,,,,,,,pal334



pal334 69H  
45821 messages
14/3/2015 18h06

Welcome back

Please cum visit my blog,,,,,,,,,,,,pal334



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