“Alice: Would you tell me, please, which way I ought to go from here?
The Cheshire Cat: That depends a good deal on where you want to get to.
Alice: I don’t much care where.
The Cheshire Cat: Then it doesn’t much matter which way you go.
Alice: …So long as I get somewhere.
― Lewis Carroll, Alice in Wonderland
Each transition from one year to the next creates an opportunity for growth. I adopted an annual ritual from Lori Darley and it makes a difference in my life.
It is a simple straightforward way to create a year of intentions.
Three steps towards creating your 2018.
A passenger on a ship crossing the Pacific Ocean from Sydney, Australia to San Francisco, California sought out the captain and began complaining that they were not making progress and were not going to arrive in San Francisco, California on time. The Captain listened and then invited the passenger to meet him at the back of the boat in 30 minutes for cocktails.
The passenger arrived to find the Captain seated at a table that had been arranged for them with the cocktail of his choice awaiting. After a few minutes of general conversation, the Captain began discussing how the voyage was on time and reviewing the islands and landmarks that they had passed in the past week.
He then set his drink down and said, “If you are always standing on the front of the boat you miss the trip.”
The calendar changed to November just in case you need a reminder in the middle of our 90-degree days! Buddy and I certainly liked the morning walk in the 40’s earlier this week.
With the calendar change, there are 52 shopping days till Christmas and 39 shopping days till Hanukah. The retailers are excited, the FedX and UPS delivery guys are preparing for the crush of deliveries and you might be wondering how did this happen so quickly?
There is lots of talk about “Tax Reform” in Washington DC. If you can ignore the rhetoric and wade through the proposals, then you would see that tax cuts can help boost growth. However, that boost will be temporary.
In the same process, the tax savings will increase your net after-tax income. The increase in take-home cash can either be temporary like tax cuts or become permanent.
Spending is the crucial element to balancing the budget if you’re the USA or creating net worth for individuals and families.
HQ2 is all the buzz and whether your city gets the opportunity to become Amazon’s Headquarters’ #2 or this exercise for civic assessment is needed.
In 2001 Boeing was looking to move their headquarters from Seattle. Dallas was on the shortlist for the potential move, yet failed to secure the opportunity.
The scorecard for this move exposed that downtown Dallas was dead and had no culture. Losing Boeing may have been the best thing to ever happen to Dallas. The snub by Boeing jump-started the revitalization of downtown Dallas. Klyde Warren Park, the Arts District and the signature bridges over the Trinity River are some of the easy to identify results.
Just as cities do a self-examination on their civic desirability, they should measure themselves against other municipalities. They must keep score.
How many times do we say to our children “don’t do that”?
Overwhelmingly we focus on the “don’t” versus the “do”.
I want to share with you a do that is important in your investing and your financial life.
It’s something you can do immediately and change how you approach investing (for the better) and it is deceptively simple.
Turn down the noise in your life, especially the short-term noise.
We are being bombarded by the news – both real and fake!