by Adam Zack — December 2, 2020Man, investing is a commitment. It’s sometimes scary and many times risky. It’s expensive and often takes years to recoup. And sometimes you hit the jackpot, and sometimes you lose your shirt. When we were young, my dad always encouraged us to stretch our financial limits to gain assets. He told us that if we wanted to get ahead, we had to take the risk – albeit a reasonable risk with due diligence done. And it’s mostly worked – except for the times we didn’t do our homework and got caught up in things like the tech bubble or things that just seemed too good to be true. Live and learn. Remember and don’t make the same mistakes again. But don’t stop investing. Saving is not investing. Investing in your store, or your future, or your house has a big upside in terms of payback. Saving keeps your money safe, but it does nothing to reward you besides being there when you want to look at it. Like being in miserable relationship but doing nothing about it, even when the cute single girl asks you for coffee, investing in your happiness involves risk and change. Some people have no appetite for investing, and that’s OK. Some of the best people in the world are safe and stable and have a wonderful quality of life. But when it comes to the gro...read more
by Adam Zack — November 24, 2020While “Bigger” is better with a lot of things (pay raise, glass of great wine, piece of pie, parade honoring you, discount on your cable bill, muscles from working out, and family), “Bigger” can really be the opposite of better with a lot of things (pay cut, hairy mole on your nose, headache from too many big glasses of wine, pant size needed due to the big piece of pie, and family). At Thanksgiving, especially during this 2020 year of BIG events, it’s important to remember and recognize that it’s not the big things that deserve all the attention. There are some big things that bring happiness and fulfillment to our lives, but it’s the dozens of little things that contribute (some imperceptibly) to our happiness, that if taken away would leave us with a big hole in our lives. It takes some reflection to realize what the little things are because they are the most easily taken for granted.10 Little Things That I Appreciate Most 2020
- The way my wife Linda does so many mundane but necessary chores in our household without complaining, ever.
- How DW always seems to know the right time to say something that makes others feel good, loved and appreciated.