Valued Goals – Start with your “Why”

Key Takeaways

  • At least once every year, sit down and evaluate what really matters to you with respect to your family, your work and your leisure time.
  • Just writing down your goals is not enough—you need to understand the “whys.”
  • You and your advisors must be very clear about what you’re truly passionate about—ultimately that’s where all the money will be channeled.

Focus at the Intersection of Matter and Control

Key Takeaways

  • People who can stay focused on what really matters to them and on what they can control tend to be happier, more productive and more fulfilled.
  • If you often feel frustrated, powerless and helpless, you might be focusing too much on things that don’t matter and things you can’t control.
  • Money does not guarantee happiness, but it does help you reach your goals faster and more easily if you’re focused on what’s important and under your control.

Investing—History Repeats Itself

Looking for clues from Buffett to Clews—8 keys to success

Key Takeaways

  • No matter how much information and advice investors have at their disposal, they continue to make the same mistakes.
  • From novices to Wall Street professionals, we tend to underestimate the difficulty of investing successfully and consistently.
  • Humans are by nature emotional and irrational. That’s a toxic combination when it comes to our money.

Economic Forecast – a Ruse?


Key Takeaways

  • Stick with your plan and ignore the short-term “noise” from the so-called experts.
  • Look at things over a 3- to 5-year time horizon, not just last quarter. That’s where the real numbers come out.
  • You want to hold onto what you need from a cash flow standpoint, and make sure you’ve got the right mix of assets to reach your goals.