Time

August 28, 2019 - Published by IAG Wealth Partners

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This Week’s Blogger: Scott D. Heins, CFP®, IAG Chief Investment Officer

Hootie and the Blowfish released their debut album Cracked Rear View on July 5, 1994, just over 25 years ago. Track 8 on that album is entitled Time,” which includes the following refrain:

“Time is wasting.

Time is walking.

You ain’t no friend of mine.

I don’t know where I’m goin’.

I think I’m out of my mind.

Thinking about time.”

 

Of all of the blessings we receive during our lifetimes, time is likely one of our most consistently underappreciated assets. It easily slips through our minds and our lives every second of every day.

Time is so fluid it can be both your worst enemy and your best friend.

The Milwaukee Brewers are running out of time to be in the pennant race this year. There are only so many games in a season.

If you put off starting to save for retirement until age 55, you are far more likely to run out of time for accumulating your desired nest egg.

“Limited time offers” seduce consumers into spending their money because what they want will only be on sale for a limited time.

Hootie was right. When time is wasting it is no friend of yours. But there is nothing better than having time in your side.

The Green Bay Packers still have plenty of time to assemble a championship season.

Start saving for retirement early in life and you will likely benefit from the miracle of compound interest over a long period of time.

The stock market is an “extended time offer” for long-term investing instead of short-term reflexes toward greed or fear.

Unlike Hootie, we approach your family’s financial plan and investment portfolio with friendly time on your side. We believe when you have a long-term plan in place you are far more likely to remain “in your mind” when the financial markets go out of theirs.

Since the only time you can influence is in the future, count on us to always be looking out of your windshield instead of a Cracked Rear View.

Quote of the week: Daniel Kahneman: “It’s nonsense to say money doesn’t buy happiness, but people exaggerate the extent to which more money can buy more happiness. Happiness is determined by factors like your health, your family relationships and friendships, and above all by feeling that you are in control of how you spend your time.”


Securities offered through LPL Financial. Member FINRA/SIPC. Investment advice offered through IAG Wealth Partners, LLC, (IAG) a registered investment advisor and separate entity from LPL Financial.

Any opinions are those of IAG and not necessarily those of LPL Financial. Expressions of opinion are as of this date and are subject to change without notice. This information is not intended as a solicitation or an offer to buy or sell any security referred to herein. No strategy assures success or protects against loss. Investing involves risk including loss of principal.

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