As responsible adults, we are encouraged to create both a Will and a Living Will. Wouldn't it be great to also create a document that declares how we want to live! It could be called a "Living Willfully Declaration." This document wouldn't divide up what we have, or detail how we want to leave with dignity, but instead it would bear witness to the principles and values we want our lives to express. By Living Willfully, I mean living with intention and integrity, purpose and determination, mindfulness and just action. It means consciously choosing how we want to respond to life instead of simply reacting.
Now is a perfect time to reflect upon what your declaration would say. It is interesting that in our culture, the New Year does not begin in the springtime, the season of rebirth and planting new crops, but rather in the winter, the season for withdrawing and reflecting. Keeping this in mind, when preparing your Living Willfully Declaration, you first need to spend some quality, quiet time, contemplating the bigger picture. Here are some questions you may want to ponder and perhaps write about in a new journal: Who is the person I want to become before I die? What values do I want my life to reflect? Who do I want to share my life with? What supports do I need to put in place to help me on this path? What do I still need to learn? How can I realize my utmost potential?
What other questions might you want to ask? Asking the right questions can be more powerful than seeking the right answers. The answers to such cosmic questions are often beyond the scope of rational thinking or one's present level of wisdom. By asking good probing question, you are setting an intention and creating the opening for unexpected answers.
It may be bit overwhelming to create a definitive Living Willfully Document. As with every great expectation, it is best to begin one step at a time. So you may want to start with setting an Intention or Living Theme for 2009. The word 'intention' comes from the Latin root intendere, meaning to stretch toward something. It is not a goal that has a specific outcome. An intention is an aim that guides your actions; it is something realized not achieved. Simply stating an intention invites your intuition, creativity, and the universes' natural goodwill to play apart in the answer's unfolding.
This is very different from a New Year's resolution. Unlike a resolution, an intention is not based on something you want to fix about yourself, but rather how you can elvove into the person you want to be. An intention is receptive and keeps you in the present moment, focused on the process; whereas a resolution is driven and keeps you in the future, focused on finishing.
Again by crafting a Living Theme as a question, you are inviting a certain outcome without forcing a particular agenda or result. It also keeps it off your to-do list and away from self defeating should's. Some examples of Yearly Intentions are: "How can I live more lightly upon the earth?" "How can I invite greater integrity into my life?" "What do I need to do to express more joy in my life?" "Can I allow myself to be more loving?"
Have fun with this. Try out a few variations until you find one that truly resonates with you and then let it organically unfold. Wishing you a wonderful, willful New Year!
Copyright (c) 2009 Karin Marcus
What's Happening In 2009
The most stark example of this must be the Lloyds/HBOS tie up. Lloyds effectively paid ?9bn in January 2009. The combined value of both banks only a few weeks later was around 6.5bn. Sir Victor Blank's incomprehensible assertion that the merger was good value for shareholders obviously uses a definition of ?good value? not previously known.
The old saying ?do not throw good money after bad? would sum up every rights issue made by the financial markets for the last year.
The problem is that we need the banks. It is popular, and easy, to dismiss the banks but they are essential to economic growth. They will be essential to the recovery.
If they are still in such disarray, what should investors be trading? If you day trade, trade CFDs and/or like spread betting, where should you be putting your money?
As Simon Denham of , FinancialSpreads.com, recently stated, ?Trading continues to be fast and furious across a wide range of markets with clients trying to ?pick bottoms? on an almost daily basis. We are seeing continued buying in banking stocks in defiance of the falls as clients seem unable to believe what is going on.
?Of course, nobody can forecast the final outcome but the fact that you could buy the entire Irish Banking system for a small plate of beans might be a good indication?.
So trading banking stocks seems to be out for now. In fact, despite the popularity of the new US President, the markets even took Obama's inauguration as a signal to sell stocks across the board.
On a micro scale the valuations of virtually every asset appears to be low but this is only from the view point of the bubble values of 2006/2007.
An educational tour might be made by viewing the Nikkei/Tokyo land price performance since 1989. An economy with huge trade surpluses, a reasonably stable currency and very low interest rates has seen property and equity values plummet for 20 years.
Compare this to the UK. Similarly appalling budget deficit and banking crisis. The UK seems to be in the same space as Japan in 1989. However the UK is without the manufacturing or modern infrastructure base to help. A sobering outlook.
For now I will stick with spread betting. It is tax free*, you can trade almost anything from UK shares to gold to oil to Euro / Dollar exchange rates to the Dow Jones. It also lets you bet on markets going up or down.
Of course there is a negative to this form of trading. Whilst it is easy and quick to trade, carry a high level of risk to your money and may not suit all forms of investor.
It's like the adverts say, ?you can lose more than your initial investment so make sure you only speculate with capital that you can afford to lose. Likewise make sure you understand the risks involved and seek independent financial advice where necessary?.
Having said that, in the current environment, the fact that spread betting lets you quickly change your position, both up and down, means that you can take advantage of the markets over short periods of time.
I will also be sticking with small bets to keep my risk down. Volatile markets offer plenty of rewards but they do have a habit of catching you out.
* Note that tax law can change and can differ if you live outside the UK.
Both Karin Marcus & Peter Jones are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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