We live, then we die.
Thatâ??s a reality we all must grapple with each minute. And the fact that life is finite has implications for everything we do. And no matter what your beliefs are about the existence of an afterlife, there is no doubt that life on earth as we experience it is going to come to an end for us all.
This admittedly morbid, yet eminently liberating, realization is at the spine of nearly all of our decisions, even though many times we fail to realize it. Think about the actions you take each day.
You wake after a night of sleep, because your body requires sleep. You consume food because your body requires energy. Then for most of us, we engage in some form of productive activity that nets us financial compensation so that we can attain the capital required to fund our existence.
If weâ??re lucky, we have family and friends who we love that we can share our lives with, and that allow us both to provide and to receive mutual support.
The requirements of a finite life also have a profound effect on your decisions about what to do with your money, how to spend that money, how to invest it and how to plan for a time when you may not be able to, or may no longer want to, work. Then thereâ??s your family, and the work involved in making the right decisions to provide for them when youâ??re no longer here to do so.
Now, much of my newsletter advisory services are aimed at the nuts and bolts of how to put your money to work in the financial markets so that you can maximize this critical aspect of your life. Yet as you likely know, in The Deep Woods I like to peel back the layers of the onion skin so that we can access the principles at the root of the issue.
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