The Best Gift I Ever Survived?

Stacey Kramer

By Conrad Francis

Have you ever been faced with something that’s unexpected, unwanted or uncertain? If you have did you consider it a gift?

Stacey Kramer survived a brain tumour. Although her cancer diagnosis and treatment took a huge toll on her health, wellbeing and finances, in this short video she explains how as terrifying and traumatic that that this unwanted experience was, it actually turned out to be a priceless gift. Now that’s a shift in perspective!

Buddha is known to have remarked on the enormous impact of perspective on human psychology when he said, “life is a creation of the mind.”

Similarly William Shakespeare acknowledged this way when he said “there is nothing good or bad, but thinking makes it so.” 

A big part of a person’s growth and development is working to understand that what we see in our lives has a lot to do with how we see it.

Perspective influences everything.

We do not see our lives in purely objective terms. We are subjective creatures. We see through a filter. We have biases. Everyone has their personality and it’s that personality that alters our perceptions.

When it comes to you and your relationship with money your personality also plays it’s part. Clearly we can acknowledge pessimists have a different take on life than optimists or even realists. Warren Buffett, arguable the world’s most prolific investor through his company Berkshire Hathaway, is noted as having an opinion on the human mind in his quotes “Be fearful when others are greedy and greedy when others are fearful” echoing the sentiment of the contrarian thinker.

Relatively new research into neuroplasticity has shown that certain behaviors can change and we can grow but I think that some of these filters are relatively fixed aspects of our personalities. I can hear a sigh of relief by some of you relieved to hear that, there is room for tweaking.
So if you feel that there are certain aspect of your relationship with money that you want to improve this year please give us a call. There are plenty of educational material we have that we are more then happy to share with you to help facilitate you financial goals for 2016.

2 Comments. Leave new

So the share market has provided us this week with an opportunity to test this notion of perspective. Some may panic and withdraw, yet according to Warren Buffett, we should be rubbing our hands together and see the opportunity that this kind of volatility presents.
Wasn’t it all too easy to make money in the mid 2000’s when everything was being driven by positive emotions. The real money then was made by those who chose to act when others were too afraid, they saw the signs early, understood the story of investing and made the decision that today was as good a day as any to buy quality. And to be honest, is there ever a bad day to buy quality assets.

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