Time Management 101 Part 2

February 16, 2009 by Mark T. Rafter 

What we do with our time should be OUR choice

What we do with our time should be OUR choice

Last month I wrote a post about some basic Time Management techniques that work for me.  I just had another epiphany that I thought was worth sharing.

I dont know any “perfect” people.  I dont care how self-aware, self actualized, together, integrated, synergized, etc you might be, just about every conscious person is regularly working on themselves, working to improve on who they were yesterday.  Richard Branson is no different. Jack Canfield is no different. I’m no different.

So, today I noticed something different about my own productivity.  It is President’s Day here in the US and  the stock market, schools, banks and many businesses are closed.  In my world, that means two things:  I am not paying any attention to my portfolio and I have way less emails to “deal with.”

I got into my office this morning and just dove into work, productive and (theoretically) income producing work.  Not the usual time sink I find myself in for a typical Monday through Friday.

Often dominated by the markets and email.  Most books on trading I have read suggest that you really can spend only a few minutes a day (unless you are day trading) managing your portfolio.  You must have a system (which takes time to establish and discipline to implement) that includes taking profits and protecting losses with limits and stops.

Email should be addressed ruthlessly and quickly and only a couple of times a day.  I am “usually” good about this but not always (refer back to my comment about everyone can improve).  Somedays I am more “lonely” than others (working by and for yourself has it’s own drawbacks) and really am looking for someone to talk to.

The whole point of this is that because of an outside condition (President’s Day), I am able to free myself from distractions that I should be able to do on my own any darn day I want to.

Something to think about.

Of course, I could always do another blog post.  Or no….WAIT!  The spot market for gold is open in London.  Let’s go there!

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