One of the most critical factors of long-term personal financial success is… guess:
And the answer is… SPENDING. This fact is why a truly competent financial planner will spend the most time on discussing spending, both today and future projected, along with GOALS (Goals are what people spend money on).
In keeping with the theme that life is precious and worth planning for – enjoy this quick and meaningful tune. Do not hesitate to crank it up and play it several times to capture all the words.
Watch Jordan Davis – “Buy Dirt” (Official Audio) ft. Luke Bryan” on YouTube.
Thank you for reading AND listening… and of course TGIF!
From the Archives of 2016 with excerpts and updates to “The Coronavirus Life Experience” version of this edition (February 2021) plus a closing message.
Money and Therapy. Two things that people may love or hate. However, among other things, both money and therapy can help.
From the must-read book for people of all ages The Number* was written by Lee Eisenberg, long time editor-in-chief of Esquire magazine.
The original title of this edition of TGIF 2 Minutes was “Remember Brexit?” The reason that seemed appropriate is because recently and often during client reviews, conversations with potential new clients and from friends I am hearing the question, “Is NOW a good time to invest?” The slew of events that occurred in late 2020 and so far in 2021 have led both new and experienced investors to question the timing of investing new monies today.
Looking at the chart below*, there are events since 1970 and as recent as Brexit in 2016 that posed immense uncertainty and likely the same question. In fact, the chart illustrates the TEN YEARS from 2000-2010 dubbed “the lost decade”.
