There is a lot of talk about billionaires right now, even questions around whether they should even exist. Below is some light reading about John D. Rockefeller. What caught my eye was this: "In real terms, the idea behind it shows up everywhere. People aiming for promotions, businesses trying to grow faster, or even individuals saving for a future goal often find that once one milestone is crossed, another takes its place. The gap between “having enough” and “wanting more” rarely closes on its own." ...In a world where standards keep rising and comparisons are constant, the urge to keep wanting more can feel almost natural. Rockefeller’s line captures that feeling in a very direct way. It does not offer a solution, but it does make people pause and think about whether they are chasing something that will actually satisfy them." HIs quote was: “How much money does it take to make a man happy? Just one more dollar,” What does this mean to you? https://economictimes.indiatimes.com/magazines/panache/quote-of-the-day-by-usas-first-billionaire-john-d-rockefeller-how-much-money-does-it-take-to-make-a-man-happy-just-one-more-dollar-one-of-the-worlds-richest-man-questions-the-psychology-behind-endless-chase-for-wealth/articleshow/130244060.cms?from=mdr

New editing and copywriting..what do you think? https://youtu.be/2B2JOSlqfiQ

In my newest video ( link below) I talk about the prevalence of lifestyle creep and it's role in keeping people who make good money from feeling secure. I am going to challenge this group to find one thing to cancel, or downgrade this week. It may seem like a small thing or even a drop in the bucket, but the act of looking for the thing to cancel, and the act of doing it do two thigs: 1. Creates awareness of what you are spending your money on and, 2. Creates confidence when you realize you have power over your finances, not the other way around. So...what did you cancel? https://www.skool.com/your-first-million-5213/how-the-wealthy-stop-feeling-broke-and-one-thing-you-can-do-today-so-that-you-dont-either?p=4e7041cb

I don't manage the bulk of my own money... I use a professionally managed account for my 401(k). I have other assets that I manage myself, that are much higher risk, but most of my money is managed for me. But I started those funds much later than I did my 401(k). Why?? The biggest driver of long-term investing success is behavior, not picking the perfect investment. The people who tend to win financially usually do a few boring things extremely well. 1. They invest consistently Not when the market feels safe. Not when the headlines are positive. They just keep investing. 2. They start smaller than they think matters $25 $50 $100 Small habits compound over time. 3. They automate decisions Automation removes emotion. Emotion ruins investing. 4. They diversify Instead of trying to guess the single best investment, they own different types of assets. My portfolio is mostly: • U.S. stocks • International stocks • Bonds or fixed income Each of these behaves differently over time. Sometimes stocks lead. Sometimes international markets outperform. Sometimes bonds hold steady when stocks are struggling. Diversification simply means not relying on one thing to work perfectly. 5. They know what they are investing for A goal creates patience. Without a goal, people panic. So that's how I did it...I created the goal, the habits, and then I paid someone to manage the tactical pieces. Slow. Steady. Consistent. That’s how wealth compounds.

The markets are about to open down... Does this make you nervous? Scared? Ask yourself: what is my goal for investing? If it is: do what the hedge funds do, then sell. If it is something similar to: Save to create long-term wealth that supports my long-term goal(s), then stay the course. I know all of you here are living in the latter world, so why is is so hard to not get distracted?? It is natural to question in times of uncertainty, because you can't control what is happening. It is times like this that you quesiton yourself and your motives, wondering if the market knows something you don't. It doesn't...the big movers in the market just don't have the same luxury of time that you do. The big traders make money on short term swings, you make money on time and patience. What's every one watching this morning?