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There Must Be A Pony In Here Somewhere


Current DateTime: 12:55:31 11 Feb 2012
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CONTRIBUTORS


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  • Cindy Perman

      News Editor at CNBC.com and the author of The Pony Blog (ponyblog.cnbc.com). She has also written a book, “New York Curiosities,” and does stand-up comedy.

  • Jane Wells

      CNBC business news reporter, based in Los Angeles, covering the defense and technology industries. She writes the CNBC.com blog Funny Business.

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ABOUT THIS BLOG

The news can get a little heavy sometimes, with debt crises, vicious markets and crappy earnings reports. So, we dispatched our crack reporters, Cindy Perman and Jane Wells, to find some levity amid all this seriousness. May we offer you a Keynesian cocktail with a side of bacon?

Why a Pony? To be clear, there were no ponies harmed in the making of this blog. The blog’s name, “There Must Be a Pony In Here Somewhere,” comes from an old joke, a favorite of Ronald Reagan’s, that essentially means, with a pile of you-know-what this big, there MUST be a pony—a bright side—in here somewhere!

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Quit Crying, It’s Time to Get Rich!

Published: Monday, 4 Jan 2010 | 12:56 PM ET
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By: Cindy Perman
CNBC.com Staff Writer

Great news: The “R” word is back!

No, not recession.

Or recovery.

Rich!

During the boom times, book shelves were peppered with titles like “Get Rich—Here’s How” and “The Five-Minute Millionaire.”

That all became passé when the recession hit and the number of unemployed soared to 15 million. No one cared about being rich—they cared about survival.

But leave it to one of the leaders of the get-rich brigade, David Bach, to turn the beat around. In his new book, “Start Over, Finish Rich,” he acknowledges that some people who followed his advice to a T still wound up in financial ruin. But he then offers this brilliant money-making tidbit: Just call a mulligan on your personal financial situation.

You know, start over. Hit the reset button.

So quit your crying over your deflated 401(k) and negative college-savings plan — It’s time to get rich again!

Man pouring money on himself
The Image Bank | Getty Images

Woo hoo!

In the words of silver-screen sports legend Rod Tidwell: “Show me the money!”

It’s amusing — in writing the book, it looks like Bach has found yet another way to make money himself. But still, it's solid advice. He coaxes skittish investors out of their hiding spots, asks that they set aside the doom and gloom (I think he was talking to you, Nouriel Roubini) and points out that there are some great bargains to be had in stocks and real estate in 2010. He hooks ‘em in with a catchy tagline: “Recessions make millionaires — will you be one?”

I certainly hope so.

Maybe it's time to change the name of this blog from "There Must Be a Pony In Here Somewhere" to "There Must Be a Millionaire in Here Somewhere!"

Questions?  Comments?  Write to .

More from The Pony Blog: ponyblog.cnbc.com

© 2012 CNBC, Inc. All Rights Reserved


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