How to Avoid Damage from Unfilled Expectations

Here is how to avoid a crisis created by unfulfilled expectations.

The Wall Street Journal article “Living It Up at 100 Years Old” (1) that tells how Mathilde Freund, at 100, rises at 5 a.m. for coffee, toast and the BBC.  She has a hot and then cold shower before taking a bus to Fordham College.  She has studied literature, psychology and philosophy for 40 years, speaks six languages and lectures in classrooms around the city, sharing her wartime experiences; how her brother and husband were killed by the Nazis and how she survived, with her infant daughter, hiding in a stable.


Image from Wall Street Journal article

She volunteers, takes classes, dines with friends and devours culture, plus still has a small business where she works one day a week manning her flea market stall.

She has some secrets for longevity.  She is moderate and regular.  For example, if lunch is a corned beef on pumpernickel she’ll save half to make a second meal.  She continues to cultivate friendships with younger people and remains curious.

She says:  “I do everything like everyone else. The only thing is, I’m not bitter. That would ruin my life.  Think of others, do your best and most of all, enjoy your life.”

There is a even deeper moral in this story.  Ms. Freund has been able to enjoy this life because her expectations have been met.  Her New York apartment, where she has lived since 1952, is one of the few (less than 1.5% of New York’s rentals are) that is rent-controlled.   Her pension (she retired from health care in 1976) has been steady.

This is an incredibly wonderful story of a good person living a long, meaningful life with the help of an organized society that has kept its promises to her.

Here is the rub.  Sadly, according to the Employee Benefit Research Institute in Washington, D.C., just 2% of private-sector workers receive such a pension benefit as Ms. Freund.

Mathilde Freund did her part, retired and has lived in contentment as her retirement expectations have been filled.  98% of private sector workers may not be so lucky.

Most Americans, have been (or are) reared with many implied or specific expectations.  We were taught, “One Nation under God, indivisible, with liberty and justice for all.”  We were told this is the biggest, best, freest, richest place of all and that everything would always get better.  We used to expect that if we did our job, were frugal, saved and planned ahead, we would be taken care of in retirement.

Yet today America (and most of the Western world) is filled with anxiety.  Far too many people are overwhelmed by debt and an uncertain economic future.  U.S. Student loans tripled to $1 trillion from 2004 to 2012.  Unemployment for young people has sky rocketed (double the national rate).  Younger generations have put off marriage out of economic concerns.

Few youth in America believe Social Security will still be working when they reach retirement age.

Many boomers cannot retire.  This filters down to Gen Xrs who cannot move up to fill the boomer roll.  This reduces entry level opportunities for Millennials.

The situation looks hopeless for many.  The political system seems corrupt, and economy growth anemic.  We have lost faith in the establishment, religion, law enforcement, justice, government, big business, health care, media.

Yet the situation may get worse.

The fact that private sector pensions are in trouble is well known.  This is not a problem for just small companies either.  One study found that pensions of the top 25 S&P businesses were underfunded by $225 billion dollars.

The public sector may be even worse.  A Wall Street Journal article, “A Sour Surprise for Public Pensions: Two Sets of Books” (2) explains how public sector pensions values are calculated using two sets of books.

The article says:  “When one of the tiniest pension funds imaginable — for Citrus Pest Control District No. 2, serving just six people in California — decided last year to convert itself to a 401(k) plan, it seemed like a no-brainer.  After all, the little fund held far more money than it needed, according to its official numbers from California’s renowned public pension system, California Public Employees Retirement System Calpers.”

Except it really didn’t.  In fact, it was significantly underfunded.  It turns out that Calpers, keeps two sets of books: the officially stated numbers, and another set that reflects the “market value” of the pensions that people have earned. The second number is not publicly disclosed. And it typically paints a much more troubling picture, according to people who follow the money.  But more important, it raises serious concerns that governments nationwide do not know the true condition of the pension funds they are responsible for. That exposes millions of people, including retired public workers, local taxpayers and municipal bond buyers — who are often retirees themselves — to risks they have no way of knowing about.

The problem has global implications as well.

Russia is already facing a crisis.  According to a Moscow Times article “Hang in there” (3)  Rusi’as Prime Minister told Russians that the government has no money available to raise pensions to keep up with last year’s high inflation.  Consumer prices rose 12.9%, in 2015, but despite the law that pensions must be indexed to inflation, Russia’s government has only increased pensions by 4%.  Pensioners average $187 a month.

bloomberg article

Chinese pension problems are spaced further out but a Bloomberg article “China’s Brewing Pension Crisis” (4) says:

A rapidly aging population is stretching government budgets.  About half of China’s 31 provinces are unable to pay their retiree costs and rely instead on financial transfers from the central government. The central government says it has enough money to cover its pension liabilities for now, but there’s a debate about how long that will last. “Many say it will become a real problem within 10 years”.

This is a special global problem that affects all of us.  The historical solution politicians use to divert the responsibility for economic problems is to blame some other country.  This typically leads to war.  Already we see increased military tensions with Russia and China.

The New York Times article says that Ms. Freund “Lives the dream of every person in Manhattan, To be an independent person, who has a life at that age.”

Yet is she independent?  Lucky might be a better word, in that the pension she is dependent upon has filled her expectations.

The Freund article says there are currently about 2,100 centenarians in New York City, according to the Department of City Planning, and the city expects the number of residents 85 and older to grow at a faster rate than its younger population in the coming years.

As the population of the Western World ages in this way, will we enjoy a retirement like Ms. Freund’s?

The numbers suggest there will be some (probably a lot) unfilled expectations.  The existing system, as we can see from the pension crisis, is a fraud.  We cannot trust existing systems.  The numbers simply do not work.

Since WWII there has been an increasingly lower ratio of workers per retiree.  Retirees live longer and lower birth rates decrease the relative number of workers who can support the pensions.  The idea that the pensions make up this short fall by funding is an illusion. Funding, especially by governments, in the form of fiat currencies, is just piling up  IOUs that will have little purchasing power when they come due.

This does not mean that there is not a solution to this problem.  A new technology that increases a wave of increased productivity (such as computers and the internet did) can change everything.

The technology has not revealed itself, but we must watch for it and get in as early as we can.

In the meantime, here are three other steps to avoid unfulfilled expectations.

#1:  Avoid investments in municipal bonds.

#2: Develop a marketable skill that benefits others and that you enjoy providing.  Ms. Freund summed this importance up when she said: “Think of others, do your best and most of all, enjoy your life.  Even if you live to be 100, it’s very precious, and it goes so fast. It’s like a dream.”

#3: Become truly independent.  Don’t let others determine your expectations.  Don’t expect the system to take care of your health, your wealth or your retirement.  The problem with social promises is that they throw us off track. We allocate our resources based on what we are told rather than the truth.  History suggests that when we depend on the establishment, it will almost always take advantage of our trust.

To this end I have been writing for and working with a new publication, “Independence Monthly”, published by Walden Publishing. Their Manifesto for the New “Uber Economy”  invites you to “Live debt free… boss free… rent free… No more utilities… insurance… taxes…  Today there’s a way to gain the independence, freedom (and money) to live as you please.”

Independence Monthly offers a ”portal to a freer life” as it explores practical ideas to help escape “the system” and begin reclaiming your own independence.  Learn more about Independence Monthly here.

Choose how you plan to live and create a plan to master your goals.  And as Abe Lincoln said: “Whatever you are, be a good one.”


(1) Living it up at 100 years old

(2) A sour surprise for public pensions two sets of books

(3) Hang in there with no money to index pensions

(4) China’s brewing pension crisis

Live Better and Be Free – 5 Global Earning Experiences

Here are 5 global income experiences and 7 business secrets that can help you live well and free anywhere despite the pandemic.

I began my international business over 50 years ago and have been creating and running international micro businesses since.

During that time my wife, Merri, and I have been able to live, work and earn all over the world… literally anywhere we wanted because of seven secrets we gained which we share here with you.  We have been blessed with global earning experiences that helped us make millions… but were also fun, such as with British Lordships.

See how this one micro business helped us rub elbows with British Royalty.


One of Merri’s businesses that worked with British Royalty was featured in Doonesbury.

Global Earning Experience #1:  Lepers.  Our micro businesses have been fulfilling.  Merri started her international business in her 20s (long before she knew me) importing Italian clocks to the USA.  This earned so much ($80,000 in the first year) that she created other micro businesses helping orphans in the Yucatan and Haitian lepers (at the Albert Schweitzer Hospital) produce crafts she sold for them in the USA.

Excellent income ($80,000 in the 1970s was a lot of cash)…  incredible contacts… working with Dr. Larimer and Gwen Mellon who created the Albert Schweitzer Hospital in Haiti… and enormous satisfaction.  Merri still cries over 40 years later when she tries to speak of the gratitude of the lepers and her time and life in Haiti.

Plus she gained lessons that allowed her to live and earn… in many places and many ways.

Then we got together.

Global Earning Experience #2:  Lords.  Another of Merri’s ideas (in the mid 1980s) was to broker British titles to wealthy Americans.  We made a ton from that… even gained 15 minutes of fame when Gary Trudeau learned about this business and immortalized it by having B.D. Zonker buy a title!

What fun… profitable, plus stimulating, meeting and working with the Blue Bloods of Britain… visiting their castles… invited to their events and affairs.

Before I get ahead of myself, may I ask you a question?


Would you enjoy living in two or even more places wherever and whenever you choose?  Would you be happier with more freedom, lack of debt, and a life of riches, adventure and fulfillment?  Would you be glad to feel confident that you can discover interesting and fun business ideas again and again that not only bring in extra income but also help the poor and improve the environment?

If so then read on… because… Merri and I have led that lifestyle for decades and can show you how to live it too.

The key is to earn from home offices.   They are part of a micro business secret and you’ll see why have two home offices (and using two cars in business) can save thousands in taxes.

You can also enjoy such a lifestyle because after years of search, I found business secrets that you can use and enjoy.


Waterfall at our North Carolina Farm.  See enjoyable benefits of a micro business in water.

Global Earning Experience #3: Hospitality.  Here’s a hotel we owned and operated in Ecuador.  Once we sold this we joined the sharing economy and began offering rentals in our North Carolina cabins through AIRBNB and houses in Florida.  We became designated super hosts within months and added thousands of extra dollars to our income every month.

Caring is just one example of how to live anywhere and earn, especially now that the pandemic will change how people vacation.


Having a variety of places to live is part of one of the secrets on how to earn more, have a better life with more fun, adventure and greater freedom.

Global Earning Experience #4:  Import-Export.   Here I am at our Florida house showing clients how to import.


I was wearing a hand tailored, made to order, high quality wool suit from Ecuador that could be imported into the US for as little as $135 .  Plus that Panama hat was made in Ecuador.  This is odd but true, all genuine Panama hats are made in Ecuador.  We imported Ecuador roses year round as well, all from one of our tax deductible US home office.


The secrets we’ll share below are not about how to buy suits or flowers though.   The secrets show ways to make money (while helping others) marketing products and services wherever you are and much more…. globally.

Global Earning Experience #5:  Green Produce.   We have an orange grove and lake at our Florida home and


are among the first to test new organic ways to make citrus farming better for the environment and the consumer.  In North Carolina we cultivate Wild American Ginseng as well as aquafarm.

These are just a few of the business experiences that can help you have the freedom to earn globally.  They are shared in our emailed correspondence course that you can now have FREE.

The course teaches a system based on seven secrets so powerful that it creates money for you regardless of where you are:  in town, out of the country, traveling or even in places as remote as we live.

These secrets have worked for us in real estate… titles… tours… agriculture… clothing… hospitality… alternative health…  spirituality… printing… publishing and art businesses for Merri and me all over the world.

Merri and I have created a special program we call “Live Well and Free Anywhere” that makes it possible for you to enjoy extra income doing something you love.  You can gain full or part time and enjoy excellent profits as you have fun and do something good in the world.

My search stumbled on the fact that most millionaires make their money in business.  This discovery led to a study of rich businesses, ones that generate everlasting wealth.  Here are three of seven secrets we share in our program that we learned and have used in our  micro businesses:

Secret #1: They must enjoy the multiple effect.  A product once created must produce profits again and again, almost on a never-ending basis.  Each investment made needs to make huge returns.

Secret #2: They need to be greater than their owner’s time.  They must produce income even when the owner doesn’t put in day-to-day effort. You may already be wealthy or earning a high income.  You may not even need another business or extra income, but some day you might.  One surgeon explained it this way.  “I am making a fortune because peoples’ lives are in my hands.  Once my hands are no longer steady, my income stops.   My entire financial well being will then be in someone else’s hands!”

Secret #3: These money making systems should be enjoyable and fun.  Sadly most people make money for the sake of making money.  Many spend their lives working, just to have a few precious hours having fun.  The most important fact about making and keeping wealth is that those who were richest absolutely love what they were doing.  Money is of secondary importance to their effort.  And as things are, this means they actually ended up making more money.

These secrets created a fantastic way to make money with my own international micro business doing what I love!

You too can have everlasting wealth by turning your passion into profit.

You too can have the freedom to do what you love from any place you like, even operating (actually preferably) from your bedroom, dining room or den if you wish.

What do you love? Rare cars?  You can make a fortune creating a business around them.  Do you prefer fine art? Or do you love beautiful jewelry, coins, gems, real estate, furs, model railways, dolls, scientific equipment, war memorabilia, old and rare books, or whatever?  Do you prefer social subjects rather than objects?

Are you concerned with the environment or humanitarian problems, with crimes, war or poverty?  Would you like to help wipe these social problems out in the course of your business?

Are you a golfer? Do you love to travel? Why not make all kinds of money in a global business related to golf?

Would you like to help the world be a more spiritual place, help people get along better together?  You can do something good for the world, increase your income and live wherever you please in the process!

Whatever your passion you can learn how to earn by creating a micro business based on it.

Take fishing, for example.

I am no great aquafarmer, but the numbers and lifestyle work on a small scale.  We pay about $3.50 a pound to stock the fish, they double, triple, even quadruple in size and we sell them at a local butcher shoppe for a modest profit.   This is not a big deal, but does generate income, helps attract guests to stay in our rental cabins, puts some great trout dinners on our table and is a thoroughly enjoyable part of my daily labor.  I need this to counter balance sitting in front of a computer.

Over a couple of months the fish grow… a lot.

gary scott

Millions of people love fishing but don’t have a pond.  This does not mean they cannot be involved in fishing.  Here are just a few of many ways that others have profitably matched this passion with profit.

Two of my friends, John and Lou, grew up near me in the Oregon mountains.  They were outdoor adventure types and moved to Canada, where they homesteaded 1,200 acres on a trout-filled lake in mid British Columbia.  They built a fishing camp that attracts fisherman from around the world.

Duncan Kinderman on the other hand loved fishing and castles.  He bought a castle on the River Tay, a great Scottish salmon river, and offered time shares for fisherman from Britain, Europe and the US.

Another entrepreneur I know was from Montana.  His skills were in marketing so he sold fishing trips for fishing camps.  He attended rod and gun exhibitions, met owners of these camps and arranged to sell their fishing trips to the US, Argentina and even in Russia to fisherman around the world.

Ralph Kylloe on the other hand loved fishing and photography so he created the book, “Fishing Camps”, which was published by Gibbs Smith publisher. This allowed Ralph to travel across the country enjoying fishing camps as he photographed and wrote.

Steve Ambrose, another friend of ours, had family commitments at home so he set up a bass fishing business in Florida that served Americans, Germans, Canadian, Dutch and Belgians.  Later as his children grew, he used his client base to arrange fishing trips in Argentina.

Each of these people had provincial backgrounds and differed in age, situation and skills.  Their common link, the love of fishing, led each to a global micro business.  Each was able to blend a unique nature and set of skills to develop a global business that surrounded them with fun, like minded fishing souls.

There is such an abundance of opportunity that Merri and I have created this program to help you have your own micro business that can be managed almost anywhere.  This program is unique because Merri and I are unique.  We started our global business together.  Since we’re almost recluses, we decided to do the whole business by ourselves… thus we create micro businesses that do not require large staffs.

We began working at home.  Today, though we have tens of thousands of buyers and have made millions, we still work at home on our remote farms and employ only a few people to help.

You’ll learn how to turn advertising dollars into a fortune.  You’ll learn how to create your own ads and when to use the internet… search engines… pay per click… classifieds, space ads, direct mail or word of mouth… even flea markets and roadside stands in some cases.

See how to build a PR list and social business network on the World Wide Web to gain thousands of dollars in free publicity.  I even share my most secret results on my marketing so you will know why sometimes you sell more units of a product at $49 instead of $29.

Learn how one couple used ads about retirement to supplement their retirement income and received free trips all over the world.

Learn how we have made money over the Internet (specific details, specific experiences, hard earned knowledge over the last 13 years!)  With an inexpensive computer you can easily run a business from home and still have tons of time left over – even if you are computer challenged.  Merri and I have certainly proven this.  We were one of the first to run a successful website and still rank high today even with millions of competitors.  The secrets in the course include a step-by-step approach.

Merri and I with our webmaster, David Cross, were leaders in beginning internet micros businesses and have sold millions over the web.  You gain ways to earn global income over the net from that experience as well.

Business people or professionals who want to add an extra profit center to their business or who want to change their business entirely will benefit.  Those who want more control over their career can profit.  Plus those who love global travel and want to turn their trips into profitable tax deductions!

Even older entrepreneurs are taking advantage of technology.  One of our friends and clients, Mickey E., was a 72 year old real estate broker, when she began a small global business.  With just a computer and internet, she created publications that attracted English real estate buyers.  This allowed her to become a top sales person in the biggest real estate firm (selling over a billion dollars of real estate a year) in town.  She later used the tactics she learned to move to Ecuador (in here late 70s) and start a micro business there.

This course is also for couples who want their own business or who want to have a business together or a family business.

This is the perfect course for those who can no longer find employment, who are looking for ways to earn abroad and who wish to retire and supplement their income.

Whether you are retired, an investor, chiropractor, doctor, dentist, professional or already own your own business, this offers another way to make money, to turn your passion into profit. We guarantee that we have shared all we know to help you start and run your own international business.  Enjoy and live a life of following your Passion to Profit… through an International Business.

To order the entire “Live Well and Be Free Anywhere” program normally costs $299.

The course is so complete Merri and I extend our “no fooling around-complete satisfaction guarantee”.

If you are not fully satisfied in any way,  just tell us within 60 days and we’ll send you a 100% full refund with no questions asked.

Normally to order our entire “Live Well and Free Anywhere” program would cost $299.

Right now you can get this program FREE.