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Personal Perspective - Especially in Tough Times
There is no hiding from it, no denying it, times are tough out there for everyone from retail to pro's but even in these turbulent times it is important to keep perspective on what is important and the role that markets and money play in our lives. To that end, I want to share my perspective and frame it with my favorite quote.
"Everything we hear is an opinion, not a fact, everything we see is a perspective not the truth.' Marcus Aurelius
This is how I view the world similar to Maslow's Hierarchy of Needs.
- Time - it is the one thing money can't buy, it is a finite resource and priceless.
- Purpose - What keeps you going the reason you are here and what you should spend your time on. Arguably, purpose maybe the one currency father time accepts.
- Wealth - Realistically what makes the world go round. It is a relative figure not to be measured against others but against yourself in time. Ideally, wealth follows purpose, as you have heard before, if you do what you love, you will never work a day in your life.
- Family - Similar to time you have no say in the matter. You are born with it and it is what you should spend your time and wealth on.
- Friends - Friends are the family you can choose and are equally deserving of your time and wealth.
With this perspective these market hits are only 20% of my world view and therefore are not deserving of 80% of my focus. I still have Time, Family, and Friends to help me through. Purpose, is what I and many others struggle to find and I am still searching but I have faith that I will find it, especially, since I intend to keep looking.
Hang tough everyone!
Harvard Health
Will a purpose-driven life help you live longer? - Harvard Health
A study found that people who felt they had purpose in life were more likely to live longer than those who did not. Having a life purpose might lessen stress and inspire people to invest in their h...
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