MIT Research is showing positive signs in Fusion, call me crazy but I’ve been a nut about this now for over a year now! On December 14th, I commented to my friends on Facebook that MIT turned the table and is now investing in fusion. I have constantly, (to no avail) searched the internet for more information. The below is the most recent, what seems to be a credible article I have found. Everyone that I talk to rolls their eyes, and hey, more power to them. And, I suppose, statistically, they are correct, as I am sure I could find in micro-fiches (those younger millennials have no idea what I am talking about) similar articles to the articles I reference. But I don’t care, it takes me a lot, and I mean a lot before I have conviction in something. And I have conviction in this idea. The funny part, I looked up the budget for the US. Renewable energy in 2013 was at a whopping 15 BILLION! Yes, that has a B. Guess how many dollars went to fusion? … Wait for it …. Wait for it … drum roll! …. 0!!! … That I could find! WHY?! Isn't fusion renewable? Fusion is limitless. Fusion has bad pollution. Wrong! I have no answers here, just questions, and I’m not even going to blame anyone, all I want are answers!
What this is a lesson of, is conviction, if/when you have conviction, don’t be afraid to go for it. I finally put my money where my mouth is and backwardly invested in fusion. Whether or not it will pay off will be a long term bet, I don’t know. However, I believe that it will pay off, so I invested, I have done this financially now three times in my life. First I had conviction in Real Estate, that worked unbelievably well. Second I had conviction in a product; I do not have answers as to the result of that one yet. This is the third place of conviction. I by no means am I trying to promote ANY investment what so ever, my only purpose for this post is to give an example of conviction. I will NOT be giving any investment ideas here, that you won’t get from me, as a matter of fact, I heard from Cramer (stock dude on TV) “give a guy a stock pick he’ll make a buck, give a guy an education he’ll make a fortune!” Again that is the purpose here, education, financial freedom, freedomizing, teaching you to be the better you in any way possible, which by the way starts with activity, fitness and ends in finance!
This brings me full circle, I am not betting the farm on my conviction, I am however getting out of my comfort zone, conviction should get you out of your comfort zone. I do not believe when you have conviction in something that you should feel comfortable about it, or during it. Instead you should not accept failure during the process and push on. In this case I am pushing on with my finances, (to a small degree). Conviction rolls into life as well, fitness, if you have conviction in yourself success, it won’t always be comfortable, you don’t always win right away, sometimes it seems like a terrible uphill battle that is never ending. My Ironman training was that, way, never was I confident I would finish, but my conviction was immense that I could do it. Conviction prevailed overconfidence, and hence created confidence, I now have the confidence that I can do an Ironman! When I first bought into Real Estate I had no confidence, I mean NONE, but I had extreme conviction, enough for one private lender to give me a chance, with that I leveraged to five units, and paid off the private lender in less than 2 years! Daily I was worried, scared and didn’t think I could pay back the private lender, my conviction prevailed. Now my confidence is very high that presented with similar situation I could make a killing! Conviction creates experience, experience creates confidence, confidence creates repetitive positive results!
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