There is something about running and hiking that renews my spirit and reminds me of what is important in my life. I will actually laugh out loud while pushing myself to the limit in which I am comfortable, and then pushing myself over the edge of the precipice of my normal boundaries. It is like the act of moving actually imparts some mental or spiritual benefit. Which may actually be the case, as there are experts that state that physical exercise can decrease depression, reduce anxiety, lower blood pressure and help a whole host of other physical ailments. Some doctors state that it can be as effective in the treatment of depression as medication.
2. BE ACTIVE … Go for a walk or run. Step outside. Play a game. Garden. Dance.
So, let me take this same action and say, “Take part, be a part, of your investment and financial choices.”
There is nothing that you can not know. There is nothing that is beyond your potential to grasp. If you can read this blog, you can understand things about your money and your finances. Sure, you may not want to grasp all the minute details of how a non-publically traded REIT works, may not want to be eminently wise about all the workings of Mezzanine Financing, may not desire to be intimate with all the details of how to choose the right Private Wealth Management company for your portfolio. However, you should know what these investments are meant to accomplish, you should be clear about the risks that they entail and how it might affect you, and you should be very knowledgeable about the philosophies that your wealth advisor takes when helping you to choose great investments for your future and your wealth.
You do not have to spend 8 hours a day learning and studying the intricacies of the financial markets. But, you should know what your money guide means when she says, “this is a good choice.”
You should take action, be a part of each decision, so that you are working together with your wealth advisor to make the informed decisions that will lead to a better money life, with more money happiness. 🙂