Below are some random quotes and reflections from a recent conference I attended, Kingdom Advisor study group and a webinar a few years ago with Dan Connelly, an industry speaker.
IPC Annual Fall Summit, Montreal, Sept 15-17
“The distance between dreams and reality is called discipline” - Paul Coelho
“You have to Say No to a lot of good things in order to Say Yes to a lot of great things” – widely quoted, author unknown
“Discipline vs. Regret…both are painful” – Sandro Forte
“Simple can be harder than complex. But it’s worth it in the end because once you get there, you can move mountains” – Steve Jobs (very humanistic, but the point is well taken)
Kingdom Advisor October 2024 Study Group
“Paradox of Prosperity: the more you have, the less freedom you have” - Dr. Kelly Rush
Examples:
- Abram and Lot (Genesis 13:1-2,5-7a)
- Connor McDavid – he can’t go for a walk or go out for dinner without someone recognizing him
Adapted from Dan Connelley & Associates
Delaying saving is like delaying a car trip. If you must drive 100 km and you must be there in one hour, you are forced to drive 100 km an hour. That’s cutting it close. If you delay your start time by twenty minutes, you will be forced to drive the 100 km at 150 km hour. That’s downright dangerous. You do not want to do that with your own retirement or other financial goals.
Market volatility. Let’s assume you were driving from Edmonton to Arizona, and you find that the first 100 km are under construction, but once you get through the construction, the rest of the way is clear sailing. Would you return after 50 km? Of course you wouldn’t. You endure short term turbulence to enjoy a long-term journey.
Jim Hummel, CFP® CKA®