The Daily Meaning
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Even More Reason
"What, so if you don't have $50,000 in the bank, you shouldn't buy a car?" my friend asked. "No, if you don't have $50,000 in the bank, you most certainly shouldn't be spending $50,000 on a car," I replied. His eyes got big, and he looked visibly agitated.
$50K On the Kitchen Table
"I don't care if you buy this vehicle," I told them. "However, if you decide to buy it, use cash. Please don't fall into this trap again."
OK, But Where You Gonna Get 9%?
The U.S. stock market has delivered a return of over 9% annually (and 10% annually over the last 100 years). Almost every time I discuss this topic, someone snidely asks, "OK, but where you gonna get 9%?"
Breaking Brains
As I watched the first quarter of last night's Lakers vs. Rockets playoff game, something dawned on me: None of the five Rockets starters were even alive when LeBron made his NBA debut. Not babies, not toddlers. Unborn! Not in existence.
Something From Everyone
A young guy recently reached out to me, more than twenty years my junior. He was dealing with some heavy stuff, and he asked me to share insights from my experience with similar trials. In other words, he was looking to get something from me. That's how the conversation started, anyway.
Oops, Wrong Highway
However, when I asked them what their dreams are in life, they shared goals that are somewhat (or largely) perpendicular to their current actions, decisions, and direction.
A Little Man Follow-Up
Don't stop, parents. Just keep creating opportunities for your kids to make progress (and fail).
Work, Money. No Work, No Money
"You can make unlimited money if you want to do some work. I have lots of projects you can do!"
"I don't want to work, though!"
What About the Others?
I'm not naive to the reality that not every one of our dreams is going to pan out every single time. That's one of the reasons I often phrase it as the "pursuit of meaning or the "pursuit of work that matters." Everything in life worth doing involves the risk of us falling flat on our faces.
Full-Circle
"I remember when I was a sophomore, you told me to pursue my calling no matter what other people said I should do. If I am called to do something, I should give it everything I have. So I did!"
10/10 For Michael Keaton
Do you ever have those days when it feels like the world is closing in on you? Yeah, me, too. How do you handle it? What do you do?
Playing Us Like a Fiddle
I recently did a little informal survey on my Instagram account. Here was the question: "Without looking, how do you think the U.S. stock market has performed over the last 12 months?"
Pallets of Glamour
The truth is, owning businesses is rarely sexy. I recently had a young adult shadow me for a day, excited to see all the amazing things I get to do. Let's just say it didn't live up to his sky-high expectations. He did see some of the cool things I get to do, but, more than anything, I think his key takeaway was how much behind-the-scenes dirty work is required.
Always an Off-Ramp
One of my friends recently confided in me that he hates her job. On social media and in conversations, he glamorizes his job, constantly touting how "amazing" it is. Behind the scenes, though, this friend is utterly miserable. He recently asked a simple question: "How do you get out of a job you hate?"
Obsess About the Inputs
As a society, we're obsessed with outputs. How much profit a company makes. How many clients we can attain. How much we'll make on the other side of that next promotion. The grade we get on our report card. If our team won. Regardless of the arena of life, we're obsessed with the outputs.