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TOPIC: Contract rates
Big Bewdah


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Contract rates
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My son sat me down last night for a 2 hour conversation about contract rates and for an hour straight I tried my best to resist his logic.  

Until he said this: 

"Dad, I know you want to save the world. Beleive me I undersrand the urgent desire to bring relief to the many in need. I also share in this sense of responsibility but at the expense of what? Once you sign an NDA, your money holds you in a prison where any mistake can and will jeopardize our security as well as any future plans of philanthropy. With 6 people in our family, who wants to be the one who made an innocent mistake and lost not just the family fortune but the endless charitable possibilities? An addition to that, how does this affect the dynamics of our family and friends relationships. No doubt the lifestyle change will bring about the obvious line of questioning explaining how we went from average people to high level philanthropists. Somehow I don't see lying or responding with "sorry I cant say anything" going over so well. That leaves the door open for the gamut of issues from speculation to rumors to distrust.  This will affect both current friendships as well as future ones. When you first got into this deal, what did you expect to emerge with as far as dollar figure and what made that figure multiply in your head? This is a one shot deal at peace of mind and happiness. We should be focusing on spirituality and world peace. This is near impossible when you are constantly aware of the ramifications of saying the wrong thing. Or stressing at a family function that you kids might say the wrong thing. The gift that was to bring an incredible peace will end up bringing the exact opposite."

 

 Grateful for my 19 Yr old dropping such wisdom on me in the final hour.

 

Love and light,

 

Bewdah

 

 



-- Edited by Big Bewdah on Sunday 6th of March 2016 02:52:16 PM

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Big Bewdah
Whimsy


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So true.....

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graciousme


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I agree... this is going to be hard to explain to those close to you. My bunch will think I robbed a bank..lol

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Kmhollow


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Cant hide this one…

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itsaboutime


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Then ask for the internatioal rates and see if theres any stipulations.
The nda might be for a short time.dont know yet.either way enjoy helping out with your charities.

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Dreaming


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It is challenging for me to reach this conclusion not being informed at to what the NDA says and how long it is for.  Once we have all the information we will be able to make an informed decision as to whether a contract rate is feasible for us.  However, I do agree with the idea that we need to be ready to leave the contract rate on the table if the agreement doesn't make sense to us.



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Docscott


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Hello Big Bewdah,

The thinking is a little flawed here, in that the information your son presents is a way for you to solve the problems or potential problems that he expresses.

Take each problem and solve it. Don't let it stand alone. Whenever I present information directly to a CEO or Exec. that is in the decision chain, I always present solutions that lead (not follow) the potential problem down a rabbit hole.

Good questions presented by your son. However there is no wisdom there. The Wisdom comes in the settling and solving of the problems. That lesson learned is the wisdom seed that you can nourish and grow.

I have already solved every question such as that. That is what guys do. Women want you to listen, Guys just solve the problems and press on. Two very different approaches. My solutions may not be yours, so I will not present those.

Good luck, You can do it..

DocScott

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Rosestillarose


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Very important to consider all. I plan to read the NDA and make my decision on the spot based on what I've decided I do and do not want to invite into my life. If it's a 90 day NDA that will be different from a 15 year NDA. If I'm only not allowed to say what rates I exchanged at, that will be different from not being able to say that I invested in currency. So much interior searching will funnel down to the appointment itself.

I just watched a Facebook video of young Olympian preparing her mind, just moments before she mounted the beam and executed a flawless routine. Suffice it to say, I saw myself. Right now, I'm focusing my energy on becoming sure about my convictions.  And, I'm speaking frankly with my mind... kindly... in hopes that it will cooperate with me when I really need it to stand by me! Wish me luck, I wish you luck!



-- Edited by Rosestillarose on Sunday 6th of March 2016 02:56:43 PM

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Emtp2210


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Big, thank you for bringing this discussion in to the group. As others have stated, the make up of the NDA nor the rates will not be known until you are sitting in front of the banker. The NDA could have teeth that would make the contract rates not as desirable. Only you will be able to make that decision.

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Dinarrealgal


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I remember Tony on a TNT call long ago about explaining the new home, philanthropic activity etc came up and Tony said he would say that he had some exotic investments that paid off and he signed an NDA and can't talk about it. I liked that and will adopt it post Rv.

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BeagleEyes


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This is definitely going to be a great decision for all of us.  I like Docscott's suggestion to take each issue one at a time.  For me it will be how much stress will it cause, if any.  So as in one day at a time, I will consider one issue at a time and weigh the pros and cons for me and my family.  To each their own...



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Big Bewdah


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Of course I'm not saying the decision was made nor am I suggesting that nobody should be signing an NDA. Just food for thought that the NDA should be scrutinized for its reach and impact before signing in a whirlwind of emotions.

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Big Bewdah
Big Bewdah


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For me with 4 kids, 3 of which are underage and all of which are aware of this event both spiritual and otherwise, this is something very real for me to consider. I want total peace for my family.

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Big Bewdah
blc


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If that is a concern, then each of you should exchange a certain percentage of the currency you hold. If one decides they have to talk, then it is their NDA that is broken and the rest of the funds will be in tact. The same concept of not putting all of your eggs in one basket.

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Rosestillarose


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One more thought: our friends care about us so it's understandable that they will want to know we haven't participated in anything illegal or dangerous. I will want to honor their care by putting their minds at ease in this regard.  But beyond that, I don't owe them an explanation. Holding one's hand close to the vest is more common among the very rich, and that is the life we will be transitioning into.  Bear in mind that even after you tell them you invested in x, y, and z currency, there may be more questions, and where does it end? If they are your friends, they can trust you and respect your privacy.



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Rosestillarose
OwlGore


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Let's see, 1 25k dinar note: $950,000 versus $92,750...........

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itsaboutime


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The more you tell your neighbors the more they might feel entitled to your money.
Move to a different neighborhood and purchase your house thru a trust.and then if you got a neighbor that wont leave you alone just tell them your under the federal marshall witness program.

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spearwolfe


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RE: Contract rates...IMHO!
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What's wrong with reading and understanding any document we sign, especially one as critical as a NDA? I made sure my family all have currency so, once I sign a NDA, who else needs to know where the wealth came from? You can bet your bottom dollar that our benevolent leaders have already quantified my little blessing to the penny. I will be hiring financial professionals that already know not to ask.

Spearwolfe, out



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PrincessJasmine


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Superb narrative, Big Bewdah, your son is very astute and I commend him.

I personally do not plan on taking a contract rate, no matter the rate offered. People talk about not staying enslaved to the "system." Until a new system is in place and very dominant, the old (current) system will be operating. I will not allow the financial institutions/Gov't/Feds, et al., to keep me in fear what I say and share, how to spend my money in fear someone may find out where I acquired such wealth!

Again, gratitude to you, as you raised a fine young man, he's certainly a leader, not a follower!


Respect,
Jasmine



-- Edited by PrincessJasmine on Sunday 6th of March 2016 03:31:13 PM

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PatientOne


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From all the years of being in this I have learned to jump ahead of this situation. People just ask way to many questions that are personal to us. I would just pretty much say you received an inheritance or made a wise investment. If they ask what tell them you are unable to discuss it. Period. Or you could just say if I told you I would have to kill you. Just kidding LOL.

We have to learn and teach others that sometimes our personal business is our personal business. Not everyone else's. I don't know if this helps but it may be a thought for you to consider. (Shrug)

Not trying to be mean here. Just a little tidbit of info I learned in the years.

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Big Bewdah


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Most of us are savvy enought to navigate away from questioning. My 11 Yr old daughter in all her innocence, even being coached, may slip up. I just have to consider that.

Jasmine, thank you for your kindest words.
I appreciate all the input. This is real.

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Big Bewdah
Big Bewdah


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Anyone with young kids that are aware will relate to not just the possibility of slip ups but the pressure on them to not say the wrong thing. That's rough on a kid, ya know?

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Big Bewdah
Big Bewdah


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Hahahaha dude....I know....

 

The internal struggle is real!



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Big Bewdah
Big Bewdah


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OwlGore wrote:

Let's see, 1 25k dinar note: $950,000 versus $92,750...........

 Hahaha duuuuude, I knoooooow...

 

The internal struggle is real!



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Big Bewdah
Time


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Contract rates
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Appreciate your sharing. However, do you know why you shared this with your children in the first place? Parents can make financial decisions without involving their children and deal with the challenges of increased wealth with the programs available and in place for families who get sudden wealth. As you have already made the decision to share this information, it seems that your son has done a good assessment regarding his and other family members inability to comply with an NDA. So as you have done this as a family, honoring your families assessment of their capabilities seems the way to go. You already have one of the most precious blessings with your family. No matter how much you may get when you exchange you already have a much greater gift!



-- Edited by Time on Sunday 6th of March 2016 06:23:44 PM

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marty10


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I am confused contract rate will help and its know ones business if you got it or not and you can give discretly and contract does not lock your lips forever so wait to give after you earned many more.  But each to his own, I see it as a blessing period.

 



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Big Bewdah


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marty10 wrote:

I am confused contract rate will help and its know ones business if you got it or not and you can give discretly and contract does not lock your lips forever so wait to give after you earned many more.  But each to his own, I see it as a blessing period.

 

 In retrospect I see my mistake in sharing the info with the kids. My oldest is an investor as well and in our conversations, questions were asked and here we are. The final decision will come when we see what's available with and without an NDA. Thank you for the many comments.



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Big Bewdah
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