One million dollars in three years

Or, in other words: How to save one million US dollars in three years – in no more than 300 words

MONDAY, 14 JANUARY 2019

Step One: Spend six months learning how to open an Internet-based business that yields an average of $20,000 net profit per month. (You can give yourself a year or more, and then it will take you a year or more. Give yourself exactly six months, and you’ll learn it in six months.)

Step Two: Maintain your existing sources of income, and your existing lifestyle. Manage the business for two years. Make sure you keep track of everything you do, all the money you spend to attract visitors to your business, and all other business expenses. Put all the profits into something like a Money Market account.

Step Three: Sell the business with a 24-month net profit of $20,000 per month on average, at 30 times the average monthly net profit. That should give you $600,000. The monthly profit you earned for two years should be at least $480,000 (seeing that it most probably earned some interest). You will have to pay about 15% commission to sell the business through a professional team, which should give you $510,000 plus $480,000 in the bank, for a total of just under one million US dollars (not considering the interest you earned on the money you invested every month).

Easier said than done? Whatever you say is true for you.

Extra notes:

The business must be based on the Internet, otherwise the group of potential buyers will be significantly smaller than you’ll need. The business is likely going to entail selling something – a service, digital products, or physical products (which you never have to handle or ship yourself).

WEDNESDAY, 23 JANUARY 2019

Money is not a scarce resource about which you have to constantly be in a state of fear. Money is a solution to a problem.

(“If you have money,” a voice proffers after the applause has calmed down.)

SUNDAY, 27 JANUARY 2019

Suppose I win the British Lottery, or I get a brilliant idea in my sleep, work on it for a few months and sell it for a million dollars, or a rich eccentric uncle whom I never knew mentions me in his will after passing away in his castle in southern Germany, what will I do with the money? What will I do with one million US dollars? (I will ignore for now the unpleasant fact that one would have to give up part of this fortune to the government.)

One: Spend ten percent ($100,000) to make some people’s and animals’ lives better.

Two: Spend five percent ($50,000) to buy some items I need, and/or make my life more comfortable, and go on vacation for two or three weeks (nothing too ostentatious – cheap hotels, public transportation and so on).

Three: Spend five percent ($50,000) on expanding and improving my own skills and abilities, including improving the likelihood of continuing to generate income over the next few decades.

Four: Spend three percent ($30,000) on two or three business projects to ensure an active income, with the option of selling the businesses after a few years and reinvesting the proceeds.

Five: Hold two percent ($20,000) in an active trading account.

Total spent: $250,000

Total amount left: $750,000

Six: Spend ten percent ($75,000) on gold coins, silver coins and silver bars.

Seven: Hold thirty percent ($225,000) in cash (dollars, euros, Chinese yuan, and Taiwan dollars), and in bank accounts.

Eight: Invest twenty percent ($150,000) in property – not our own residential property, but property that will either grow in value or generate income.

Nine: Invest five percent ($37,500) in a fine art investment fund.

Ten: Invest ten percent ($75,000) into some fund that invests in financial technology and natural resources.

Eleven: Invest five percent ($37,500) in some high-risk, high-return fund.

Twelve: Invest ten percent ($75,000) in high-quality bonds.

Thirteen: Invest ten percent ($75,000) in stocks – specifically natural resources, mining, energy, and technology.

In case this exposition seems surprisingly complicated for someone with very little experience in these matters, I must add that I have found some inspiration in two books, in particular: T. Harv Eker’s Secrets of the Millionaire Mind, and James Rickards’s The Road to Ruin: The Global Elites’ Secret Plan for the Next Financial Crisis.

(More notes may follow. Notable in absentia is a so-called emergency fund, and mention of index funds – which many experts regard as a relatively safe investment.)

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A brief history of modern South Africa

FRIDAY, 11 JANUARY 2019

Here is a brief history of modern South Africa: For a long time, white people thought they were better than black people, and acted accordingly. Most black people observed this behaviour and concluded that if white people thought they were better than black people, and acted out this belief, they probably were better. Therefore, most black people did what white people told them to do and behaved in ways white people prescribed to them.

However, a minority of black people never fell for this story that white people are better than black people. This conviction was also evident from the way that they acted. Other black people observed this, too, and started looking at these people as leaders who might bring about a better situation for them. Whites also saw this behaviour, viewed these people as threats, and arrested them, charged them with laws that whites had written to protect themselves and entrench their better positions in society, and – if the people did not leave the country in the middle of the night to go into exilelocked them up for decades. When a new generation yielded new leaders who also did not want to fall for the story that white people were better than black people, their lives were also made very uncomfortable: for example, what they could say and where they could travel were severely restricted. If they still didn’t want to listen, they were simply killed.

And so the modern history of South Africa continued through the seventies, and the eighties, until political developments in other parts of the world pressured the white government to embark on radical changes, and the pressure of more and more black and coloured people who no longer believed white people were better than them also became too much. By the mid-nineteen-nineties, a new dispensation had come to power. At the head of this dispensation were many of the men and women who, decades earlier, had not fallen for the conviction of white people that they were better than black people.

* * *

That brings us to today. I read on News24 that racism is rampant in the Northwest town of Schweizer-Reneke. One of the teachers at a primary school took a photo of a group of children in a classroom on the first day of school. The photo showed a few black children sitting at a table on their own, with the white children at other tables. The photo spread like wildfire on social media. There were protests, at least one suspension, and widespread anger over what was seen as a return to apartheid. [A later explanation was given that the children who were sitting on their own could not speak English or Afrikaans, and that they had to be assisted by an interpreter.] [Also see the interview with a father of one of the black children in the photo.]

Another teacher in the town told the journalist that racism would never end in the town, especially among white people. “We don’t know democracy here,” the teacher said. “Whites think they are superior [to] everyone here.” The report does not specify the teacher’s race. If the person is white, I wonder: Was this an expression of his or her own feelings towards other population groups? If the person is black, how does he or she know what the whites (in plural) think?

A few weeks ago, I read Elaine Hilides’s explanation of the Three Principles of Sydney Banks. She writes, among other things: “We create our reality moment by moment via thought and then we experience that reality via feeling. We are always, 100%, feeling our thinking. It can look like it’s our circumstances that are causing our feeling, but we are only ever feeling our thinking about our circumstances.”

The teacher in Schweizer-Reneke went further in his or her conversation with the journalist: “They [the white people] own everything in this town including public schools. This primary school is an example of their behaviour and hatred toward black children.”

* * *

The story of white domination in South Africa and the oppression of especially black people is a story of one group of people, who were in the minority, who convinced a significant percentage of a bigger group of people that they were better than the majority group, and that the majority should just accept it. Low and behold, it worked! A critical percentage of the majority group fell for it!

Now, in a new century and a new South Africa, their children and grandchildren and other descendants are furious that white people got away with it for so long. They now insist that things must be “corrected” – land should be taken away from the white group, and mostly given to members of the black group. Hundreds of thousands of jobs and thousands of business opportunities should be reserved for members of the previously excluded groups. There is even talk of white people who now have to be more careful about how they talk to black people, to prevent the latter from becoming even angrier.

Will it work? Will everything get better over the next few decades? Perhaps many white people still think they are better than black people. Of course, it is absurd to make a general statement that your group is better than another group, since Person X can only be better than Person Y in some aspects of their person, or abilities. Do many black people think deep inside that white people are actually better than them? Who can say?

* * *

What should one say of racism, of white people insulting black people, of white soccer spectators throwing banana peels on the soccer field to provoke a black player?

Imagine the following situation: Someone gets a sneering look on his face, lifts his finger in your direction, and says:

“Na-na-na-na-na! You can’t bake a souffle!”

The only problem for this joker is that you don’t have any ambitions or pretensions to bake a souffle. He is literally barking up the wrong tree. Nevertheless, you respond.

“What did you say?”

“I said, Na-na-na …”

“Yes, okay,” you’ll stop his taunt, “I caught that part. And then?”

“You can’t bake a souffle …”

Imagine something else. One rude soccer fan has a problem with his eyesight one day, and sees people darker than they really are (without realising it). He sees a black player jogging past the spot where he’s sitting, and throws a banana peel on the field. To rub in his point, he also makes monkey sounds, and jumps around and swings his arms.

What the spectator doesn’t know is that the player is Hans Christiansen from Sweden – probably the whitest player on the team. He sees the banana peel, and he sees the man next to the field jumping from one leg to the other, with his arms gesturing above his head. Will Mr. Christiansen feel insulted? It’s unlikely. Why? Many people will point out that he won’t think much of it, because there is no history of white spectators taunting white players by referring to them as monkeys. Certainly it will also help that he doesn’t think of himself as a monkey. The insult will fall flat. The offender will appear absurd.

What happens when such an uncultivated person tries to provoke and insult a black player? The authorities and the media go berserk. The poor black player, they will say.

What will happen if one black player after another dismisses it as harmless absurd behaviour – because, after all, they do not think of themselves as primates; that the taunting and potential insult roll off the proverbial duck’s back?

The guy who tries to throw me off balance with the reminder that I can’t bake a souffle is only going to be effective with his attempt if I have an obsession about not being able to bake a souffle. How I think about the souffle business is exactly what would give the man the power to taunt me. If I have no ambition to bake a souffle and have no concern about not being able to do it, the person’s efforts will flop as quickly as a pudding baked with rotten eggs.

I know I have never been a black soccer player, and I have never felt what it feels like when someone taunts me about being less human than he is. However, I have a strong suspicion that few if any black athletes feel like monkeys. So, who gives the one in the crowd the ridiculous idea that his taunts and insults will have an effect?

The same can be said when a white South African is captured on film saying something negative about a black South African. If that black person has a positive view of him or herself, and the white man or woman goes on like a crazy person with a red face – who is really the one making a monkey of him or herself?

Instead of telling everyone what they may or may not say, and always thinking of new ways to punish people who make others feel bad about themselves, why not pay more attention to what people think of themselves and how they feel about themselves?

There are strong indications that there are still people who believe they are better or smarter than people who have a redder or browner or blacker or yellower skin than their own pink shade, and that they deserve to be treated better, and must get preferential treatment when it comes to opportunities and access to resources. I reckon if you feel you have no other way to build up your own sense of value other than to break down other people’s dignity, you have a problem, and you should do yourself and everyone around you a favour by doing some introspection. But it also needs to be said that if you go off your head every time someone is unfriendly with you, or plain rude, or deliberately tries to mock, taunt, or offend you, you might need to start working on your perception of yourself.

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Max du Preez’s dangerous intention

FRIDAY, 4 JANUARY 2019

Ever since I bought my first Vrye Weekblad in the early nineteen nineties, I have had respect for South African journalist Max du Preez. I have always considered him consistent in his principles. He also never allows himself to be intimidated by the powers of the day – and especially in the late eighties and early nineties there were many attempts to intimidate him, even to get rid of him completely. After 1994 he was initially rewarded for contributing to the struggle to establish a democratic dispensation in South Africa, but it wasn’t long before his opinions started annoying the dominant political group again. Over the past two decades he has continued to write books, articles, and opinion pieces on the Internet, still anchored in the same principles that had led him to start his progressive newspaper thirty years ago. Especially his opinion pieces are sometimes ruthlessly critical. One of his most controversial pieces was on how then South African president Jacob Zuma appeared to be on a one-man mission to destroy South Africa. As expected, the piece made him an even bigger enemy of some politicians than he had already been.

However, Max’s latest column for News24 strikes me as odd, to say the least. He refers to two incidents in which he was recently involved. The first one was when he wanted to buy a bottle of wine in a shop in a village on the Garden Route. One of the two cashiers was busy talking on her phone; the other one ignored him. When he asked her after a few minutes if he could pay, her response was that she was still busy with another customer and pointed to a person standing at the entrance talking to the security guard about crime in the town. After waiting a few more minutes, he approached the customer at the door and asked her if she could please complete her transaction – he was parked on a yellow line. She immediately got upset, called him arrogant, and asked him when “you people” were going to realise they were no longer the boss.

Max concedes that the situation embarrassed him very much because he is usually the person who intervenes when a white person is rude to a black employee in a store. He also admits that he was annoyed with himself because he knew he would have dealt with the other customer with much more confidence if she were white.

He also tells of an incident at a petrol station when another motorist almost drove into him as he was pulling out at the station. He reversed his car a little, and politely gestured to the other motorist to pull in. The other motorist, however, jumped out of his car and confronted Max. “What was that gesture about?” the motorist demanded, called Max a racist, and threatened him with violence.

Max believes there is a high probability that the two people expected rudeness and racism from whites because of past experiences. He comes to the conclusion that, rather than take offense, he should respect their willingness to confront him.

He also mentions that he is determined to appear “demurer and friendlier, extra polite and extra careful” when he interacts with black strangers in the future. He wondered if it would be racist and dishonest to treat black people differently than whites, but then decides it is simply the reality in South Africa today – that many South Africans are still struggling with the racial issue.

Later in the piece he also wrote that he felt it would be inappropriate for him as a white person to publicly express his opinion on the slaughter of a sheep on a beach in Clifton.

One gets the idea that Max is indeed struggling with the correct formula for how a white person should behave in South Africa almost three decades after the end of Apartheid. He acknowledges that it won’t be good for anyone if we all “tiptoed around matters of race”. He also reckons he is not one of the so-called good whites who believe white people should keep their mouths shut and not participate in public debate. He does express his belief, however, that whites have a responsibility to be more respectful and to choose their words more carefully when it comes to these matters. He hopes his grandchildren, if they are white, will be released from this burden.

I have to admit that I was a little taken aback. I think it’s generally a good idea to be respectful of anyone who is respectful to me, to be polite to any person I encounter, and not to treat someone differently just because they have a different skin colour or are from another ethnic group. And for the record: I’m willing to be polite first, to be the first one to say hello, and the first one to be kind. If the other person reciprocates, then all is well. If not, it’s that person’s problem. (I also have to mention that it won’t work out well for me not to be kind and polite to people of other races, seeing that I am one of only a few thousand pink skins who live and work amongst 23 million Taiwanese people and people of other ethnicities.)

Taken aback were I, because how long does Max believe whites in South Africa should be extra friendly and polite, and extra cautious before it would be expected from them? How long before a black guy slaps a white guy because he wasn’t demure enough on the street, or in a government building, or not extra careful or polite? How long before such a person would justify his action with the idea that by that time white people ought to know how to “deal” with the race issue in South Africa? (And would he be surprised by the support of bystanders who would agree that he had acted properly?) How long before a black pupil complains to his parents that his white teacher was not modest enough in the classroom, or was not friendly and polite enough, or was not careful enough when the teacher reprimanded the pupil? How long does Max think it would be before the parents of black pupils demand that white teachers be more careful about how they treat black pupils? And how long before somebody gets the idea that coloured and Indian South Africans didn’t suffer as much under Apartheid as black South Africans, and that it might be good if they also behaved more modestly and friendlier when they interact with black citizens, and extra polite and extra careful? Lastly, what kind of person would expect you to be friendlier to him or her than to citizens of another skin colour? What kind of person would expect you to demurer, more polite, and more careful with your words than with someone of a different ethnicity? Is this the type of world in which Max du Preez wants to live, and where he wants his children and grandchildren, and perhaps even great-grandchildren to live?

In the article, “The Fear of White Power”, Remi Adekoya refers to a conversation he had with a black friend in London about a black colleague of the friend. (I specify the race of the people because it is relevant, and because the author specified it himself.) The colleague was apparently quick to play the race card when he was stopped by a policeman after violating a traffic rule. “Why did you stop me?” the colleague asked the policeman. “Is it because you saw a black man driving an expensive car?” The policeman was immediately defensive and mumbled something about it not having anything to do with race. He ended up just giving the driver a warning. The driver’s friend who was in the car with him then asked him why he had brought up race if he knew he was in the wrong. “Dude,” came the response, “when in a tough spot with a white person, bring up racism and there’s a 99 percent chance they’ll get defensive and back down.”

The author of the article tells how the conversation with his friend continued. He shared his opinion with his friend that they should challenge black intellectuals who call “racism” for strategic reasons, and who use political correctness as a lever for psychological benefit. His friend did not agree with him. He explained that if white people in Britain weren’t kept on a leash by political correctness, things could easily return to the bad old days of a few decades ago: “In his view, the fear of being called racist is the only thing restraining whites from using their power to dominate us openly.” He concluded by reminding his friend, the author, of an important phenomenon in human relationships: “It’s not even about white or black, it’s about human nature, how people behave with unchecked power.”

This conversation took place in Britain between a black banker and a writer whose mother is Polish and whose father is from Nigeria. The banker’s opinion was to keep the power of white people in check, because human nature is human nature. In South Africa, nearly 80% of the population is black, just under 9% white, the same percentage brown, and about 2.5% Indian or of other Asian origin. It is a fact that the majority of black South Africans still live in poverty. But a significant percentage of South Africa’s middle class, and higher middle class, are also black. Millions of black children are nowadays born and raised in beautiful, leafy middle-class suburbs. And when they finish high school, they go to university, where many of them get involved in political movements. What will be the practical consequences if they agree with veteran political writer Max du Preez that whites should be “demurer and friendlier” in their interaction with black citizens, and “extra polite and extra careful”? What will be the practical implication when these young students enter the professional world? What will be the practical implication when they take over the political reins from their parents? Would the expectation for whites to be more modest and friendlier, and extra polite and extra careful be part of their thinking about racial relationships to such an extent that the expectation could just as well be made official? What will happen ten or twenty years from now if a critical percentage of South Africans agree with Max du Preez, and a white South African is not friendly enough, or polite enough, or not careful enough with their words? In short, what will happen if a white man or woman, or a white child, does not behave as expected of a white person in a country where they should be sorry for the actions of their ancestors?

I have always had respect for Max du Preez. I believe his vision has always been for a South Africa where people of different ethnicities, and different beliefs and cultures can work together to create one nation. It is still an ideal worthy of pursuit. But I’m afraid Max’s intention, and perhaps his suggestion for white South Africans until his great-grandchildren’s generation is simply too dangerous to seriously consider.

———–

My perspective on these issues may be somewhat different to that of many middle-class white South Africans. I am not a financially comfortable white person surrounded by black poverty; I am a white person with an average income, surrounded by Taiwanese/Chinese people, of which most adults very likely have more money in the bank than me. The dominant group in this country where I have been living for almost twenty years also has a monopoly on political power.

Therefore, I find the idea outrageous that a minority group should make sure that they are friendly and polite enough, and modest enough and careful enough with their words when dealing with members of a majority group. As I have already explained, I find it even dangerous, and irresponsible, considering how full history is of how people begin to act if the scale tilts too far to the one side in terms of power dynamics.

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You are responsible for what happens to you

WEDNESDAY, 2 JANUARY 2019

I was on my way home on my bicycle after buying dinner. A blue truck blocked the entrance to the alley in which I wanted to go down. I went around the truck, knowing that I had to be careful because I couldn’t see who was coming down the alley on the other side of the truck. As I got to the other side, there was indeed a man on a scooter riding at high speed in my direction.

I thought: “If I collided with this guy, I would blame the driver of the blue truck.”

Then I thought: “No. It would have been your fault. It is your responsibility to consider and deal with such risks.”

As thoughts roll around in one’s brain, another thought struck soon after: Imagine you take this idea further, stating that you are always responsible for what happens to you. If someone breaks into your home in the middle of the night when you and your family are sleeping, you are responsible for that. How? You could have secured your home better. If you’re hijacked on the way home, you are responsible for that. Why were you in that place at that time of the day? What countermeasures did you have in place? If you did have countermeasures in place, it was clearly not enough.

It gets worse. If you get assaulted late at night … why didn’t you have a weapon with you? Why were you alone, in that place? Why didn’t you apply self-defence techniques? If you don’t know any self-defence techniques, why not?

It seems as if, with this kind of thinking, one wants to absolve the wrong-doer from his nefarious action or behaviour. Not at all. For example, if the man or woman being attacked in the street crushes the assailant’s testicles and he is never able to conceive children, then he did not fulfil his responsibility to himself. If he gets arrested, and he goes to jail and he is sexually abused by other prisoners, he can only blame himself for it.

The frightening aspect of this way of thinking is that you realise you can’t just blame someone else for your own accidents or hardships. When think about it for a second, you also realise that it means you have much more power in your hands than you might have imagined. The person who is afraid of being assaulted can immediately begin to look at weapons that can be carried on their person – from a gun to pepper spray. The responsible adult who wants to safeguard their home and family has the ability to do much better than they are likely doing at present. And the man or woman with criminal intentions who doesn’t want to be sexually abused in prison has the free will to not commit criminal acts.

Think along these lines, and you ultimately think of yourself as an agent of change, as someone with the abilities to rearrange the world to a large extent in a way that suits you. It also means that you will develop the character to accept responsibility when a lesser person would blame someone else.

WEDNESDAY, 9 JANUARY 2019

Exactly one week later …

SUNDAY, 27 JANUARY 2019

Another insight gained from a traffic situation …

One easily gets filled with bitterness about something other people do to you. And every time someone did something to you and got away with it, you feel even more powerless. And even more filled with bitterness.

“It’s your responsibility,” emerged the phrase again late this afternoon – specifically as a reminder that I had to walk closer to the side of a narrow alley to avoid getting flattened by one of the reckless scooter drivers.

Then I realised: Every time you think something that somebody else has done to you was your responsibility, you take power away from that person, and give it to yourself. You also give yourself more responsibility, to be honest, and more opportunity to be blamed for a situation. But you also give yourself more power to create your own life as you see fit, and more power to protect yourself from what threatens you.

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