August 2022
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August 17, 2022

Financials Matter

"It's Not Just About Finance"

No New Thing Under the Sun

The thing that hath been, it is that which shall be; and that which is done is that which shall be done: and there is no new thing under the sun.

~Ecclesiastes 1:9~

 

Isn’t it amazing how something written over 2,300 years ago still makes sense in today’s world?

That’s why you have to laugh when you hear the talking heads on TV say stupid things like, “This time is different.”

Let me be blunt:  “IT’S NEVER DIFFERENT.”

Yet, you’ll hear compelling arguments about how technology, or awareness, or advancement in today’s world has continued to improve our standard of living….blah, blah, blah!

It’s true that tech and many advancements in society continue to improve our standard of living.

However, fear and greed has NEVER changed.  And these emotions continue to blind mankind into thinking that our world (and especially the markets) have changed.

This flawed thinking continues to prove an old Wall Street adage: “The Markets Move in the Direction that Frustrates the Most People.”

If you’re frustrated with the markets, or the economy, or the political scene, it’s because of one simple reason.

You continue to allow the garbage spewed out (24/7) by a totally corrupt media, to influence your thinking.

I’ve been preaching about this for many years and the arguments that I constantly get usually start out with:  “Yeah but…”

When someone says “Yeah, but…” it usually means that they’re not open to any other opinion than theirs.

If that happens to be you, let me ask you a question:  “How’s that thinking process worked out for you so far?”

If you’re not happy with the investment world, it’s usually because you refuse to change your thinking process.

It’s like the old saying, “If you want to change something about your life, you need to change something about your life.”

Most of the time that “something” has to do with how you think.

So, if you want to improve your investment results by changing how you think, be sure to read our December newsletter.

And share this with a friend…they might just thank YOU later.

 

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