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Five Ways to Build Your Wealth: A Guide

Strategy Driven

Invest in bonds of various types, credit ratings , and maturities. You can build the wealth you deserve with the right mindset and a commitment to your economic well-being. If your investment horizon is short-term, be more conservative in your investment choices. Invest in cash, gold, or other alternative assets.

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When is Spinning the Message a Good Thing?

Marshall Goldsmith

Yet optimists often over-commit. I always teach that leaders who knowingly commit ethics violations should never be coached - they should be fired. This dysfunctional spinning led to countless disasters for buyers - who lost their homes and ruined their credit ratings. Optimism is balanced with realism.

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7 Ways to Improve Operations Without Sacrificing Worker Safety

Harvard Business Review

When I ask corporate leaders why they are committed to preventing serious injuries and deaths among their workers, most say they care about their employees and don’t want to see anyone hurt. I was pleased with our meeting, feeling like she had made a real commitment. HBR STAFF/CSA Images/BW Archive Collection/Getty Images.

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Incremental Fixes Won’t Save the U.S. Health Care System

Harvard Business Review

Our system should be massively rewarding the likes of Cornerstone, CareMore, and Iora that have taken the risk and made the commitment. We need the equivalent of Consumer Reports for health care or Morningstar ratings for clinical services. We need outsized financial incentives and more upside for taking the risk.

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Why We Build Fiscal Cliffs

Harvard Business Review

In October, The New Yorker 's James Surowiecki likened this approach to the pre-commitment mechanisms increasingly popular with those who wish to rid themselves of extra pounds or bad habits. So can pre-commitment work again now? But it would work better if we pre-committed to the right things, at the right time. Well, maybe.

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Does Standard & Poor's Deserve a Downgrade?

Harvard Business Review

nation's credit rating has the same tone. An "AA+" rating is defined by S&P as follows: "An obligation rated 'AA' differs from the highest-rated obligations only to a small degree. The obligor's capacity to meet its financial commitment on the obligation is very strong."