Hi Guys,
Here are 5 deep thoughts from the WSJ financial,writer Jonathan Clements:
1. Today, we worry that stocks are a bad investment. Thirty years from now, we’ll wonder why we owned anything else.
2. The market may appear easy to beat, and we may indeed outperform the averages over the next 12 months. But we won’t beat the market over a lifetime of investing, and the harder we try, the worse our results are likely to be.
3. Ten years from now, nobody’ll care or even remember that we didn’t get the promotion. And that likely includes us.
4. That purchase we desperately want? It isn’t going to transform our life. In fact, a year after we hand over our hard-earned dollars, we will likely barely notice our latest purchase—and we might even regret it.
5. Our life may be important to us and to those around us. But let’s keep things in perspective: There are seven billion of us, so any sense of self-importance is a tad ridiculous. We should strive to squelch our inner self-absorbed teenager sooner rather than later—and approach the world with a shrunken sense of entitlement and a greater appreciation of others.
There is a ton of wisdom embedded in these 5 insights.
Best Regards
