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	<title>Comments on: The 40/30/30 Rule</title>
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	<link>http://www.thesimpledollar.com/2009/11/19/the-403030-rule/</link>
	<description>Simple, applicable personal finance advice for the modern world</description>
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		<title>By: partgypsy</title>
		<link>http://www.thesimpledollar.com/2009/11/19/the-403030-rule/comment-page-1/#comment-931453</link>
		<dc:creator>partgypsy</dc:creator>
		<pubDate>Tue, 23 Nov 2010 22:00:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=4612#comment-931453</guid>
		<description>Way too vague to for any utility, rule doesn&#039;t seem to be much more than a feel-good device. 
For one depends on the activity and skill/expertise level. Taking risks may be important in stock picks and winning a gold in snowboarding, but doesn&#039;t have much relevance if you want to knit a kick-ass sweater, play a piano piece perfectly or ace an oral presentation.</description>
		<content:encoded><![CDATA[<p>Way too vague to for any utility, rule doesn&#8217;t seem to be much more than a feel-good device.<br />
For one depends on the activity and skill/expertise level. Taking risks may be important in stock picks and winning a gold in snowboarding, but doesn&#8217;t have much relevance if you want to knit a kick-ass sweater, play a piano piece perfectly or ace an oral presentation.</p>
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		<title>By: katie</title>
		<link>http://www.thesimpledollar.com/2009/11/19/the-403030-rule/comment-page-1/#comment-814904</link>
		<dc:creator>katie</dc:creator>
		<pubDate>Sat, 21 Nov 2009 07:04:18 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=4612#comment-814904</guid>
		<description>I think this is definitely more useful psychologically than the 80-20 rule. Thanks for the post!</description>
		<content:encoded><![CDATA[<p>I think this is definitely more useful psychologically than the 80-20 rule. Thanks for the post!</p>
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		<title>By: Chris</title>
		<link>http://www.thesimpledollar.com/2009/11/19/the-403030-rule/comment-page-1/#comment-814470</link>
		<dc:creator>Chris</dc:creator>
		<pubDate>Fri, 20 Nov 2009 20:08:46 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=4612#comment-814470</guid>
		<description>To those questioning the numbers: Go read the article. It&#039;s a pep talk from a skiing coach, not an immutable law. The main point is to include the 30% of pushing yourself. &quot;if I wasn’t falling at least once a day in training, I wasn’t trying hard enough.&quot;

He had been totally focused on improving his speed and avoiding falling (getting it right) and his coach said he was missing the point. By practicing, we can get stuck in a rut and lose sight of the risks we need to take to grow.

It isn&#039;t about having a nice clean pie chart.</description>
		<content:encoded><![CDATA[<p>To those questioning the numbers: Go read the article. It&#8217;s a pep talk from a skiing coach, not an immutable law. The main point is to include the 30% of pushing yourself. &#8220;if I wasn’t falling at least once a day in training, I wasn’t trying hard enough.&#8221;</p>
<p>He had been totally focused on improving his speed and avoiding falling (getting it right) and his coach said he was missing the point. By practicing, we can get stuck in a rut and lose sight of the risks we need to take to grow.</p>
<p>It isn&#8217;t about having a nice clean pie chart.</p>
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		<title>By: brad</title>
		<link>http://www.thesimpledollar.com/2009/11/19/the-403030-rule/comment-page-1/#comment-814094</link>
		<dc:creator>brad</dc:creator>
		<pubDate>Fri, 20 Nov 2009 12:57:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=4612#comment-814094</guid>
		<description>thanks for posting it, but i wasnt able to draw anything useful from this post at all. basically my misgivings are the same as others, the numbers seem arbitrarily chosen, and dont logically fit some activities.</description>
		<content:encoded><![CDATA[<p>thanks for posting it, but i wasnt able to draw anything useful from this post at all. basically my misgivings are the same as others, the numbers seem arbitrarily chosen, and dont logically fit some activities.</p>
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		<title>By: David/Yourfinances101</title>
		<link>http://www.thesimpledollar.com/2009/11/19/the-403030-rule/comment-page-1/#comment-814036</link>
		<dc:creator>David/Yourfinances101</dc:creator>
		<pubDate>Fri, 20 Nov 2009 10:30:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=4612#comment-814036</guid>
		<description>I would say that the percentages depend on what you&#039;re talking about.  Take getting out of debt for example.  That virtually involves nothing physical.  

I think that would be virtually all mental.

How about losing wieght?  To me, that one is probably 60/40, physical/mental.

You can have the best mental outlook in the world, but if you don&#039;t go exercise, I doubt you&#039;d lose a pound.

It all seems relative to what the task at hand is.</description>
		<content:encoded><![CDATA[<p>I would say that the percentages depend on what you&#8217;re talking about.  Take getting out of debt for example.  That virtually involves nothing physical.  </p>
<p>I think that would be virtually all mental.</p>
<p>How about losing wieght?  To me, that one is probably 60/40, physical/mental.</p>
<p>You can have the best mental outlook in the world, but if you don&#8217;t go exercise, I doubt you&#8217;d lose a pound.</p>
<p>It all seems relative to what the task at hand is.</p>
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		<title>By: Matt</title>
		<link>http://www.thesimpledollar.com/2009/11/19/the-403030-rule/comment-page-1/#comment-813870</link>
		<dc:creator>Matt</dc:creator>
		<pubDate>Fri, 20 Nov 2009 05:45:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=4612#comment-813870</guid>
		<description>Thanks for this intriguing post about the 40/30/30 rule. Being a bowler for 33 years, I would agree that once you understand the basics of a sport or game, the mental abilities matter more than the physical. I do take into account my successes within the sport are due to the risks I&#039;ve taken along with the experience I can rely on. You have to combine belief, intent and trust all rolled into one.</description>
		<content:encoded><![CDATA[<p>Thanks for this intriguing post about the 40/30/30 rule. Being a bowler for 33 years, I would agree that once you understand the basics of a sport or game, the mental abilities matter more than the physical. I do take into account my successes within the sport are due to the risks I&#8217;ve taken along with the experience I can rely on. You have to combine belief, intent and trust all rolled into one.</p>
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		<title>By: George</title>
		<link>http://www.thesimpledollar.com/2009/11/19/the-403030-rule/comment-page-1/#comment-813826</link>
		<dc:creator>George</dc:creator>
		<pubDate>Fri, 20 Nov 2009 03:45:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=4612#comment-813826</guid>
		<description>Wasn&#039;t the prior post all about how statistics lie?  How funny that you&#039;d follow it with a post like this ;-)</description>
		<content:encoded><![CDATA[<p>Wasn&#8217;t the prior post all about how statistics lie?  How funny that you&#8217;d follow it with a post like this ;-)</p>
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		<title>By: Kevin M</title>
		<link>http://www.thesimpledollar.com/2009/11/19/the-403030-rule/comment-page-1/#comment-813729</link>
		<dc:creator>Kevin M</dc:creator>
		<pubDate>Thu, 19 Nov 2009 22:20:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=4612#comment-813729</guid>
		<description>The fact that the 40/30/30 rule comes from the 99% website cracks me up.  

Shouldn&#039;t it be 40/30/29/1 by that logic?</description>
		<content:encoded><![CDATA[<p>The fact that the 40/30/30 rule comes from the 99% website cracks me up.  </p>
<p>Shouldn&#8217;t it be 40/30/29/1 by that logic?</p>
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		<title>By: Brent</title>
		<link>http://www.thesimpledollar.com/2009/11/19/the-403030-rule/comment-page-1/#comment-813724</link>
		<dc:creator>Brent</dc:creator>
		<pubDate>Thu, 19 Nov 2009 21:59:46 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=4612#comment-813724</guid>
		<description>Just where exactly do these numbers come from? I agree that we need to improve our skills, take risks and keep going when things get hard, but I feel like these percentages from sports and the like just give bad impressions, we have the 40/30/30 rule, the 80/20 rule the 90/10 rule etc... Which one is real? the fact is that people are just making it up anyways, you want to make a point, at least use anecdotal evidence.</description>
		<content:encoded><![CDATA[<p>Just where exactly do these numbers come from? I agree that we need to improve our skills, take risks and keep going when things get hard, but I feel like these percentages from sports and the like just give bad impressions, we have the 40/30/30 rule, the 80/20 rule the 90/10 rule etc&#8230; Which one is real? the fact is that people are just making it up anyways, you want to make a point, at least use anecdotal evidence.</p>
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		<title>By: Daniel</title>
		<link>http://www.thesimpledollar.com/2009/11/19/the-403030-rule/comment-page-1/#comment-813604</link>
		<dc:creator>Daniel</dc:creator>
		<pubDate>Thu, 19 Nov 2009 20:19:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=4612#comment-813604</guid>
		<description>I think that technical skill and experience may be above 30%. From my experiences playing sports in high school, yes some of it came from being in shape and building the muscles I needed to play basketball, but the majority of my success I attributed to the amount I practiced and the amount of time I spent working at it.

Doing the same thing over and over again helps me and gets me more comfortable with skills that I&#039;m learning. Eventually it becomes second nature and you rise above your peers. As I progressed through high school, I found that less depended on my physical skills and more depended on how smart I was and that my experience outmatched many of my opponents.</description>
		<content:encoded><![CDATA[<p>I think that technical skill and experience may be above 30%. From my experiences playing sports in high school, yes some of it came from being in shape and building the muscles I needed to play basketball, but the majority of my success I attributed to the amount I practiced and the amount of time I spent working at it.</p>
<p>Doing the same thing over and over again helps me and gets me more comfortable with skills that I&#8217;m learning. Eventually it becomes second nature and you rise above your peers. As I progressed through high school, I found that less depended on my physical skills and more depended on how smart I was and that my experience outmatched many of my opponents.</p>
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