Did you know?
Historically, Black Friday marks the start of a short downturn in the markets while investors tax-loss harvest (i.e. sell) before the end of the year.
Then in the last week of December, we usually get a “Santa Claus Rally” when investors buy because stocks are at a discount from all the selling earlier in the month.
(This is not full proof and there are lot of exceptions, so please don’t trade on something as silly as this. It’s just for fun.)
Continuing with our week of gratitude…
The first type of gratitude is for all the things that were given to you.
The second type of gratitude is for all the things you’ve achieved. It’s like going back in time to pat your “past self” on the back for all the good work he/she did.
“Way to go, old me!”
A fun exercise to be grateful for your accomplishments is to think about Thanksgiving 10, 5, 3 and 1 year ago.
Anchor yourself to what was happening in your life back then and you’ll stand in awe at your achievements.
For instance, with my business:
10 years ago, I was dead broke borrowing money from my parents to pay rent while I built my financial planning practice.
5 years ago, I was 6 months into starting Financial Zen and still drowning in a sea of paperwork from moving over all my Wells Fargo clients by myself.
3 years ago, I took a 40% pay cut to transition our members from an AUM fee model to membership fees.
1 year ago, I was still 100% clueless on how I was going to scale Financial Zen as aggressively as I’ve always envisioned.
Today, I’m looking out my big office window overlooking the Bay, employing an amazing team member and looking to hire another, I’ve nearly doubled our membership base over the last two years, and our scaling strategy has started to take root.
Good job, old me!
And the practical benefit is that it shrinks the mountain that now stands before me. I can climb that sucker. No problem.
So where were you 10, 5, 3 and 1 year ago? How grateful are you for your accomplishments since then?
Now how big does YOUR mountain look
