We are living during unprecedented times. Historically, investors have been paid an interest rate for lending money, in order to be compensated for the opportunity cost, for the risks of inflation, and for the credit risk. Now though, there is more than $15 trillion of government debt around the world with negative yields.
We all make choices on a daily basis - choices about where we live, where to travel, what career to pursue. One of the most important choices we face, yet rarely talk about, is our choice for future medical care.
Many of my clients have bought into the belief that no debt is good debt. However, unlike credit card debt or other consumer debt, your home mortgage is actually good debt that can be used to your advantage.
You think keeping more money than you need in cash provides safety? Over time, the value of your money will erode relative to the cost of the things and the experiences that enhance your life.
We cannot plan to "be happy when...." Don't wait for something outside yourself to make you happy in the future. Life is happening now. Every moment should be enjoyed and savored.
When we listen, the stories we learn about others' dreams and goals can be powerful, and often different from what we may have assumed. Stories shared between people of diverse backgrounds can build a base of commonality to work together from, as well as enable new approaches pieced together from the shared experiences.