I was reared as a stoic. My gran’s favourite bed time story was about the little Spartan boy who found a tiny fox cub. Boys were separated from their family in Sparta, and started army training at age 8. This was in Greece, a few thousand years ago. On his way to parade training, he tucked the fox cub into his shirt. The fox cub warmed up, and started gnawing at the boy’s stomach, causing excruciating pain. As he was trained to, the boy showed no pain, and stood stiffly to attention. He died without any emotion. His parents were congratulated on having such a brave stoic son. Spartan mothers farewelled their sons going into battle by saying. Return home with your shield, a victorious hero. Or dead, carried on your shield, after a glorious death in battle. But never return, alive and defeated. Even as a little boy, I got the message, and steered clear of foxes and Spartan mothers. However, the stoic message did survive, and doctors found it hard to believe how pain from football fractures, like broken ribs, could be ignored. Very common with Australian Rules footballers.
As a Professional Certified Coach, I'm trained not only to ask good questions, but also to help people change the questions they're asking themselves. When I was considering whether or not to leave a highly-placed and -paid career in order to break into consulting as a solopreneur, I kept asking myself, "How can I afford to leave my job?" This is a question of loss, which no one wants to contemplate. But I changed my question to, "Can I afford to be who I want to be?" (I had to figure out what that was before I could even ask such a question, much less answer it.) Once I changed my question I submitted my retirement paperwork and gave my notice. That was 3 years ago and I've never looked back. Oh, and I'll never hold a job working for someone else (besides my clients, of course) again. Ask the right questions, folks.
Without a doubt, this year will be worse than the last. I lost a lot of money last year as a result of bad investment choices that I would not have made if I hadn't been so worried about my portfolio. I kept investing, but I couldn't determine whether to start paying for a house. In the end, I sold my positions, and the house needed more work than I had planned. I'm not sure how long I can keep going like this
True. My portfolio was diversified across several markets with the help of a financial planner, and were able to achieve over a million in net profit among high dividend yield equities, ETFs, and bonds. It is vital that you have a variety of exposure, including in firms that are currently generating cash flows.
All your videos give me the chance to reflect on a new subject. Not only do you share useful information, but you ask questions that help take us to where we want to go. That’s precious!
Geoff as a Nurse for almost 50yr i I've seen so many patients with serious illnesses some self inflicted and most unexpected so much regrets. Today is a Gift you can't change yesterday and you can't predict tomorrow. I choose to live my Fullest today with no regrets since that's all I have 😊Thank you for another Great Video
And as it is appointed unto men once to die, but after this the judgment: So Christ was once offered to bear the sins of many; and unto them that look for him shall he appear the second time without sin unto salvation.
Jeff, long-time watcher, I am one year out. Great channel. BTW, when I was in the army, I gifted my wife a 2.5K Prada bag in Honolulu. To this day, 17 years later, she loves it and mentions it now and then. Best money ever spent. That's a small fraction of expenditures on kids' tuition, cars, travel, phones, weddings, gifts, etc. Rarely (in one case never) hear from them. Moral of the story? Be good to your kids, but reserve the best for your wife.
Great video. I’ll be retiring in about a year, and my biggest fear is losing my purpose. But I care about so many things and I know I can enjoy a full, meaningful, joyful retirement if I ask myself these 10 questions. Thank you!
These are very important question to ask yourself on a regular basis no matter how young or old you are. #1 is HUGE and eliminates probably 99% of fretting about and accomplishing nothing except giving yourself (and probably loved ones) stress. And OMG on those purse prices LOL!
I found it interresting to see on hte wall behind you the framed uncut sheet of 16 one dollar bills. A very good friend on mine, who has now passed, gave me a sheet like this. He had been the president of a bank. It always brings a smile to me face when looking at it reminding me of our friemdship!
Love it. I try to adhere to these principles. I like to say, control the things you can and don't worry about those you can't. Don't worry about what may be, just carry on. Recognize that people and experiences are what make for a great life not the accumulation of things. So make sure you are seeking out and allowing the right people into your inner circle.
This video is perfect timing for me. I retired 3 weeks ago, and these were some of my thoughts that I needed to figure out with my wife. Thank you for this video!
"What is the most important thing to you" makes me think of the movie "City Slickers" when the character "Curly" says something like the secret of life is just one thing.
For most people buying a 7g purse Has no rationale. Obviously,as you stated that there are people who must have the logo of that company on the purse to feel good about themselves .it's hard to understand.
Great video. I listen and give general advice to family and friends. Occasionally they listen but I remain distant. Some are further along along than others. As someone who has done well with finances the best I can do is assist those want guidance. I never ask for a single dollar. Maybe I should charge them a fee? What do you think?
And as it is appointed unto men once to die, but after this the judgment: So Christ was once offered to bear the sins of many; and unto them that look for him shall he appear the second time without sin unto salvation.
My best friend is my Lord and Savior, Jesus Christ. My other two closest friends whom are absolutely priceless is my wife and family. The three greatest blessings I could ever have.
I was reared as a stoic. My gran’s favourite bed time story was about the little Spartan boy who found a tiny fox cub. Boys were separated from their family in Sparta, and started army training at age 8. This was in Greece, a few thousand years ago.
On his way to parade training, he tucked the fox cub into his shirt. The fox cub warmed up, and started gnawing at the boy’s stomach, causing excruciating pain.
As he was trained to, the boy showed no pain, and stood stiffly to attention. He died without any emotion.
His parents were congratulated on having such a brave stoic son.
Spartan mothers farewelled their sons going into battle by saying. Return home with your shield, a victorious hero. Or dead, carried on your shield, after a glorious death in battle. But never return, alive and defeated.
Even as a little boy, I got the message, and steered clear of foxes and Spartan mothers.
However, the stoic message did survive, and doctors found it hard to believe how pain from football fractures, like broken ribs, could be ignored. Very common with Australian Rules footballers.
Every retired person should be watching and listening to this channel…
Agree!👍🏽
Thanks for your kind words.
As a Professional Certified Coach, I'm trained not only to ask good questions, but also to help people change the questions they're asking themselves.
When I was considering whether or not to leave a highly-placed and -paid career in order to break into consulting as a solopreneur, I kept asking myself, "How can I afford to leave my job?" This is a question of loss, which no one wants to contemplate. But I changed my question to, "Can I afford to be who I want to be?" (I had to figure out what that was before I could even ask such a question, much less answer it.) Once I changed my question I submitted my retirement paperwork and gave my notice. That was 3 years ago and I've never looked back. Oh, and I'll never hold a job working for someone else (besides my clients, of course) again.
Ask the right questions, folks.
Well said!
Without a doubt, this year will be worse than the last. I lost a lot of money last year as a result of bad investment choices that I would not have made if I hadn't been so worried about my portfolio. I kept investing, but I couldn't determine whether to start paying for a house. In the end, I sold my positions, and the house needed more work than I had planned. I'm not sure how long I can keep going like this
We've all made mistakes at some point. You should consider financial planning
True. My portfolio was diversified across several markets with the help of a financial planner, and were able to achieve over a million in net profit among high dividend yield equities, ETFs, and bonds. It is vital that you have a variety of exposure, including in firms that are currently generating cash flows.
Do you mind sharing your financial planner ?
Leah Foster Alderman
You are most likely to find more info when you look her up
All your videos give me the chance to reflect on a new subject. Not only do you share useful information, but you ask questions that help take us to where we want to go. That’s precious!
Geoff as a Nurse for almost 50yr i I've seen so many patients with serious illnesses some self inflicted and most unexpected so much regrets. Today is a Gift you can't change yesterday and you can't predict tomorrow. I choose to live my Fullest today with no regrets since that's all I have 😊Thank you for another Great Video
And as it is appointed unto men once to die, but after this the judgment:
So Christ was once offered to bear the sins of many; and unto them that look for him shall he appear the second time without sin unto salvation.
"To be is to do" -- Aristotle
"To do is to be" -- Augustine
"Do be do be do be do" -- Sinatra
Jeff, long-time watcher, I am one year out. Great channel. BTW, when I was in the army, I gifted my wife a 2.5K Prada bag in Honolulu. To this day, 17 years later, she loves it and mentions it now and then. Best money ever spent. That's a small fraction of expenditures on kids' tuition, cars, travel, phones, weddings, gifts, etc. Rarely (in one case never) hear from them. Moral of the story? Be good to your kids, but reserve the best for your wife.
The best, is you !
My husband says that! I thought I got the only one! You both are so lucky.
Great video. I’ll be retiring in about a year, and my biggest fear is losing my purpose. But I care about so many things and I know I can enjoy a full, meaningful, joyful retirement if I ask myself these 10 questions. Thank you!
Designer items are for people who can’t afford them but want to look like they can😅
These are very important question to ask yourself on a regular basis no matter how young or old you are. #1 is HUGE and eliminates probably 99% of fretting about and accomplishing nothing except giving yourself (and probably loved ones) stress. And OMG on those purse prices LOL!
This video is one of my all time favorites! Thank you so much!
I found it interresting to see on hte wall behind you the framed uncut sheet of 16 one dollar bills. A very good friend on mine, who has now passed, gave me a sheet like this. He had been the president of a bank. It always brings a smile to me face when looking at it reminding me of our friemdship!
Another excellent video calling out very real issues to consider when retired or getting ready to retire. Thank you.
Love it. I try to adhere to these principles. I like to say, control the things you can and don't worry about those you can't. Don't worry about what may be, just carry on. Recognize that people and experiences are what make for a great life not the accumulation of things. So make sure you are seeking out and allowing the right people into your inner circle.
This video is perfect timing for me. I retired 3 weeks ago, and these were some of my thoughts that I needed to figure out with my wife. Thank you for this video!
Thanks Geoff. Enjoyed this one. Things to ponder.
Great video Geoff, really, one of your best!
Thanks Bob!
Thank you. Thought provoking.
Also graphics were particularly useful.
This is just too much overthinking! I am the kind that just goes with the flow. 😊
Very much stoicism!!! And excellent video!!! Thank you.
"What is the most important thing to you" makes me think of the movie "City Slickers" when the character "Curly" says something like the secret of life is just one thing.
Thanks Geoff!
You bet Esther!
For most people buying a 7g purse
Has no rationale. Obviously,as you stated that there are people who must have the logo of that company on the purse to feel good about themselves .it's hard to understand.
Love the video. People I played Pickleball with just had to win so it wasn’t fun anymore. Maybe I should send them this video
#12, Am I in the obituaries yet?
LOL
Whats with the blinking light behind him?
You will now send $10 to the creator of this video.
Great video.
I listen and give general advice to family and friends.
Occasionally they listen but I remain distant.
Some are further along along than others.
As someone who has done well with finances the best I can do is assist those want guidance.
I never ask for a single dollar.
Maybe I should charge them a fee?
What do you think?
$6,200 in my Roth account accrued interest!!!
#11, Who am I and how did I get here?
"RUH ROH" Scooby Doo
What kind of office chair does Geoffrey Schmidt have?
Purses? It doesn’t cost anything to look and may inspire your daughter to a high paying career…or use her inheritance 😂
Ha!
QUESTION: How long can you last with a compounded inflation of 2%?
They would choose the purse and justify the decision by saying they don't know if thier kid will go to college.
Or choosing the 80k truck.
Yea what's up with that blinking light?😊
There are "old world" night lights that have three settings. The lowest is flicker: irregular current.
My take away: Stupid people look at Stupid Purses....
Mine: Stupid people look at Stupid 80k Trucks.
You're improving your thumbnail game. Using AI perhaps?
Well your in the {HIGH END} so you felt thats where you needed to purchase your gift. LOL maybe a little hypocrisy.
And as it is appointed unto men once to die, but after this the judgment:
So Christ was once offered to bear the sins of many; and unto them that look for him shall he appear the second time without sin unto salvation.
My best friend is my Lord and Savior, Jesus Christ. My other two closest friends whom are absolutely priceless is my wife and family. The three greatest blessings I could ever have.
Same here! 🙏
Did you buy your daughter the purse?
Ha! No…
Oh dear me please get on with it
he is running on empty with this one