Simplify
I’m not entirely sure why, but that seems to be my latest focus, “simplify”. The more complex we try to make our lives, the more stress we bring upon ourselves. I’m tired of the stress though.
I recently decided to stop selling securities (mutual funds). Just watching all the commercials on TV tells me that this industry is ready to implode - again. There is industry consolidation and name changes. Look at “Ameriprise”, I’m pretty sure they used to be known as “American Express”. There is a quote that goes something like, “I know it’s time to sell my holdings of (whatever stock) when the shoe shine kid tells me it’s a hot buy.” It’s also time to get out of a business when too many people are getting into it… such as investments or real estate. Not only does it make the business seem more sleazy, but it makes it harder for people to find a decent broker. And when more people are jumping in, more of the public gets burned and the NASD comes up with more rules… and the Broker/Dealer gets stricter on the independent dealers… and I’m just not a salesman. So add all that onto a smallish “book” and it’s not worth the hassle. Simplify.
