10 ideas to increase productivity and get more done

Imrprove Productivity

Do you ever wonder why some people seem to have exceptional productivity and get so much done, while you struggle to find enough hours in a day to cover just a fraction of your growing list of tasks? These 10 ideas around managing your time and goals will help you claim your life back!

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HELOC: get better investment returns and accelerated portfolio growth

It has been a while since we discussed money matters – so today we are going to quickly talk about home equity loans (HELOC) and how you can use them to maximize your returns. The readers of The Ultimate Alpha Project know that, alongside with maintaining exemplary health, physical strength and mental capacity, financial success is a major part of being an Alpha and kicking butt in all areas of life.  You also know that I consider real estate one of the very few investment vehicles that are worth your while.  Let’s see how HELOC loans fit into the bigger real estate investment picture. Life before HELOC Because banks do not lend 100% of the value in question, a typical […]

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Planning my retirement: future value of present decisions

Retirement

I am planning my retirement future.  Not in a traditional sense, such as preparing for austerity, downsizing my living space, restricting spending and depending on others, including the Government (we have seen in the article on tax-deferred plans that this could be a bad idea).  By contrast, my plans have some grandeur, financial freedom, and ever-increasing quality of life. I do not plan to be forced to significantly reduce my spending after retiring at the risk of having to eat cat food otherwise.  I do not anticipate being involved in the typical cliché retirement pastimes, like playing bingo, doing gardening and living off some modest investments with no aspirations and occasional trip to a tropical location in the cheap part of […]

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On Time Management and Setting Priorities

So many people wish they had 48-hour days to be able to do more.  “Time Management” – a term that was unheard of several decades ago – is, all of a sudden, a very hot topic because of the demands of the modern era and its information overload – these days you are expected to be able to handle more things than ever before. Not having enough time (or not being able to find time when truly necessary) is one of the most important reasons for not reaching your true potential.  You wish you were fit, but you can’t find time to go to the gym.  You wish you learned a new skill, but can’t find time to study, because […]

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Does investing in tax-sheltered retirement accounts make sense?

Ahh, sweet retirement…  Many of us dream of that blessed day when we can finally escape the rat race and enjoy the freedom to travel, enjoy time with family and live life to the fullest, while collecting benefits from pension plans that we so diligently worked to regularly contribute – sometimes for 45 years or more. But today I am going to give you a piece of some very uncommon advice – consider eliminating conventional tax-haven retirement savings accounts (RRSPs, IRAs, 401(k), etc) altogether.  Wait, what?!  But aren’t these considered the holy grail of saving for retirement and the best way to make sure you don’t end up eating cat food when you retire?  I have to admit – this […]

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When debtor’s prison becomes a first class hotel

Being in debt historically never seemed to be a good thing. It appears that since the beginning of time, it has been cultivated and ingrained in the brains of people that as long as you are in debt – you can’t sleep well.  Some noble men of the distant past would rather commit suicide rather than declare bankruptcy and admit that they have amassed a lot of debt.  Debtor’s prisons up to the middle of the 19th century used to be a common way to deal with unpaid debt.  In some early states of a distant past, if you couldn’t pay debt you could even become a slave of a creditor. Things have changed quite a bit since then. Bankruptcy […]

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Setting financial goals

New Year’s Resolutions We all know that around these days in early January, a lot of people start working on implementing their New Year’s resolutions – apparently, there is something special about “starting clean” on January 1.  To be honest – I could never understand why people don’t make important decisions immediately instead of waiting – sometimes for several months!.  I’m sure you’ve heard many people say about some bad habit “OK, starting from the New Year… [I will stop doing that]” – even if the New Year was months away! The sad part is that most of the goals enthusiastically set at the end of the previous year will not be reached.  The energy will fizz out in a […]

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