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Why Some People Are Doing So Well in a Bad Economy

Off The Wall: A Column by Alan Weiss, Contributing Editor

I know a great many people having the best financial year of their lives. I certainly am. None of us is an investor who guessed right on the market (I'm primitive: I buy and hold on like my dogs with a bone). None of us is in a "safe" marketplace, such as pet supplies, or health care, or pharmaceuticals. None of us has a "guaranteed" renewable large account.

And none of us is doing what we were doing five years ago, much less ten. Therein lies the key.

We love to tell the story about modern railroads tracks being based on the breadth of Roman chariot horse teams thundering through ancient Britain, but we don't seem to do much about changing the route. That's why I never warmed to cross-country skiing—I hated staying in those ruts formed by people ahead of me. And it was so difficult to pass the plodders and the slowpokes! Downhill skiing is much more dangerous, and so much more fun. That's what gives you a rush. (If you're inspired to voice your disagreement, send your letters to the editor, not me.)


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