Simplicity is a concept that most agree is worth integrating in our lives. I’ve never heard someone say, “I’d really like to complicate my life more.”  But, I’ve heard plenty say, “It’d sure be nice to simplify things.” Simplicity seems to be a healthy approach for lifestyle and how we manage our personal finances. The…

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A boss in my early 20s said to me once in passing: “One thing at a time, right?” Who knows what preoccupied me.  But do I ever remember feeling called out.  He put his finger right on a major weakness. I remember where I was standing, the weather, even his shirt – over a decade…

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1. They don’t secretly demonize or idolize money.  A happy investor recognizes two sides of the same coin: that they could want all the money or resist money.  Either way, they’ll be caught in the same web.  They realize money will elude them if they shun wealth.  Conversely, they’ll never experience the benefits if consumed…

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All three contribute to how we get closer to knowing something as true and making something actionable. If either three stand alone, though, it’s a wobbly stool.  Nothing to self-correct or check and balance. Experience alone leads to foolish behavior – overly greedy or overly fearful – without the acknowledgement of the past and current…

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There’s common chatter amongst financial advisors and investment professionals about how often we need to defend diversification. Quite frequently, diversification will be out-performed by plenty of benchmarks. It’s the untimely market declines and the counter-intuitive amount of time to recover from a decline that gives diversification value. And this value doesn’t reveal itself all that…

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To state an obvious: there’s tension between making plans and embracing the unknown. Making plans gives us clarity, the plans energize us, and the plans give a ‘why’ to our day-to-day.  These plans dictate where and what we do. They offer clarity to why we ‘chop wood and carry water’ as the saying goes. While…

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Most of what we accomplish is not from anything drastic that we do. There might be moments or milestones that feel drastic: graduations, marriages, child births, promotions, windfalls, retirement.  These are largely a result, though, of a bunch of boring behaviors.  For most of us, we can probably reflect on milestone moments, and see the…

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Freedom. What is freedom? Time.  Hours in a day and years in a life grant the opportunity to generate more income and/or enjoy ourselves.  Time allows for money to grow, relationships to blossom, and careers to flourish.  Compounding interest, the Eighth Wonder of the World, requires time.  The application of compounding interest is so broad…

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There are very few, if any, ‘right’ decisions. We don’t like admitting this because, darn it, what separates my success from your success?  It better be my right decisions and effort. As we scurry around collecting data (which is infinite in nearly every direction) to make major decisions – ultimately what we do is make…

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The best teachers make us feel impatient, frustrated, dumbfounded, scared, or greedy. These emotions are the curriculum for personal growth and peace. Allowing ourselves to not try to outthink, outsmart, out do these feelings is about as counter intuitive as it gets, yet where the gold lies. This is the grading system: how little muscle…

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