Last year Thanksgiving 2021, the stock market was on fire,
businesses, people were feeling confident about the economic recovery, and
it was time to travel again and celebrate.
So a year ago, we visited my family in CT and went to NYC to see Hamilton.
What should have been an enjoyable day in the city turned out to be stressful.
Why?
- my kids complained,
- the Lego store had a long line,
- the lack of thank yous from my girls for taking them shopping.
Why was I focused on the negative in 2021?
I happened to bring the book, Think Like A Monk by Jay Shetty with me on the trip.
I opened to the chapter on Gratitude, the World’s Most Powerful Drug.
How does being grateful change everything?
1. You open your day to opportunities, not obstacles.
2. You will be drawn to creativity and not complain.
3. Find fresh ways to grow.
This is the world’s most powerful drug and it's better than Superman.
Ever since, I have practiced gratitude almost every day.
It’s been a rollercoaster of a year, but the hard times gave me opportunities to:
analyze the dip and look for opportunities
appreciate the lesson I was in the middle of, which helped me be creative
experience the pain, and figure out a way to learn and grow and
We can choose how we look at a situation.
If we pick positive, our brains will seek out ways to view things in a positive way.
If we pick negative, our brains will seek out other dangers and problems to make sure we don’t get eaten by a tiger hiding in the bush.
We can turn lemons into lemonade.
We can see if the stock market is overheated, it's time to get defensive and raise cash.
We can see if the stock market goes down, stocks are on sale, and it’s time to go shopping.
When it comes to investing, we have to look at the world from both perspectives.
- positive and negative and learn to appreciate the view.
What could go right and what can go wrong, and see where the opportunities are.
I’m grateful I was able to see the negative, the positive and manage my clients’ portfolios well during a tough year.
I’m grateful for my clients the trust they place in my team and me.
If you would like me to review your retirement portfolio, please reach out to me.
Yes, that is a real bird that flew into our family Thanksgiving photo.
Happy Thanksgiving!!!
Your Friendly Wealth Engagement Guide,
Tiffany Kent
Tiffany@wealthengagement.com
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This commentary offers generalized research, not personalized investment advice. It is for informational purposes only and does not constitute a complete description of our investment services or performance. Nothing in this commentary should be interpreted to state or imply that past results are an indication of future investment returns. All investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to consult with an investment & tax professional before implementing any investment strategy. Investing involves risk. Principal loss is possible.