GET RICH QUICK! - Blueberry 'SHAZZAM'

Here is my HOT TIP for you. Get rich quick schemes don't work, and there are no 'HOT TIPS'.

And you don't have to worry about the blueberries in this dessert being hot ... 'cause they're frozen! But I assure you, this dessert is rich, and it's quick to put together.

I recall back in the '90's there was a well known mutual fund company that used to promote themselves with, 'Get Rich. Slowly'. There is a lot of truth in this as the alternative - Get Rich Quick! has proven to be the demise of many investors. Often we are blinded by the short term vision of easy money believing that, 'this time is different', only to be left with the sinking realization that this time was in fact, the same. It was the late great Sir John A Templeton that warned us that the four most dangerous words in investing are, "this time is different".

My suggestion to you is that you sit down with a pen and paper, look at where you are today, and determine your short, mid and long term financial goals. Develop a sober plan, a realistic strategy and utilize a common sense practical solution and stay focused on your objectives. DO NOT allow any short term potentially catastrophic 'hair brain' ideas to de-rail your plan. Ever! The risks are too high.

If you feel yourself being drawn to the temptation simply ask yourself this. "Would I purchase $10,000. worth of lottery tickets"?



So what about this Blueberry 'Shazzam'?!

With blueberries being in season that there couldn't be a better time to share this incredible recipe with you. Furthermore, I was raised in blueberry country and home to the annual Blueberry Jamboree and these delectable berries are in my blood. Blueberries rank amongst the highest Super Foods in the world, they taste really good and they are really good for you. I will be talking a lot more about blueberries and Super Foods in future posts.




What you need for the crust:
2 cups of crushed graham wafers
1/2 cup of melted butter

What you need for the filling:
8 oz of softened cream cheese
1 of a cup of white sugar
1/2 teaspoon of lemon juice
2 teaspoons of vanilla
pinch of cinnamon


500 ml Cool Whip
3 cups of blueberries

Mix the crushed graham wafers with the melted butter and press most (4/5) into an 8X8
pan. Mix the first 5 ingredients for the topping (mix well) and once done, fold in the Cool Whip and than the blueberries.
Spread the mixture over the graham wafer base, sprinkle with remaining crumbs and toss in the freezer for 1 hour.

So while you're waiting for your dessert to set in the freezer, let's get back to the 'Get Rich Quick' theme. Do you wish to double your money in your retirement plan? Of course you do. Let me share with you a RULE OF THUMB that was taught to me back in the mid-eighties: 'THE RULE OF 72'.

THE RULE OF 72 states that if you divide 72 by your Rate Of Return (ROR), that's how long it will take for your investment to double. If you are achieving a 6% ROR on your investment it will take 12 years for your investment to double. (72 divided by 6 = 12) A 9% ROR will take 8 years to double, 12% will take 6 years. Some of you may realize that if you yielded a 72% ROR, your money will not double in 1 year. That's because the Magic of Compounding does not factor into this equation. Ah, the Magic of Compounding. We will save this topic for another time. But I will remind you that compounding growth and 'Get Rich Slowly' do go hand in hand.

Warren Buffett once said, "you only have to do a very few things right in you life, so long as you don't do too many things wrong". Good advice coming from one of the wealthiest persons in the world who accumulated his vast wealth through investing in the global capital markets and being a world reknown advocate of 'buy and hold'.

Enough said about this. Go and get that Blueberry Shazzam out of the freezer and DIG IN while I start on my next blog. 'Red Herring' is the theme for my next article which will provide an explanation of what a 'Red Herring' is in the investment world. However, if you like salmon, (another Super Food) you're going to love the recipe.

Thanks for stopping by.

DIG IN

Jeff