With a wonderful business, you can figure out what will happen; you can’t figure out when it will happen. You don’t want to focus on when, you want to focus on what. If you’re right about what, you don’t have to worry about when ~ Warren Buffet
by Pete Ferguson
As I look at where I am today with work, with my personal finances, and with family, I can’t help but appreciate the importance of patience.
Five years ago I wanted to sell our current house to move into a larger one. I wanted to find a new career. I wanted a lot of stuff.
And I had plenty of people willing to take my money to give me what I thought I wanted at the time. But nothing felt right except to stay where I was and dig in deeper.
Years later, that is paying off well. Our house will be paid off early next year which means the only interest in my life will be what I receive from the bank and investments. The only bills we will receive are the usual water, electricity, gas, phone, and Internet.
Most of the stuff I owned five years ago has been replaced. And the stuff I thought I wanted would now be mostly obsolete.
As we await our sixth child, I can’t help but think how much better it is to live in the now, invest in quality in all areas of my life, and enjoy the ride instead of staring at the rear-view mirror or trying to imagine what is over the next horizon. Sure I’m putting long-term plans into place in anticipation of the future, but I’m not spending the majority of my time dreaming of mansions above when I have such a great existence in the here and now.
With a wonderful life, you can figure out what will happen; you can’t figure out when it will happen. You don’t want to focus on when, you want to focus on what. If you’re right about what, you don’t have to worry about when ~ adapted from Warren Buffet