10/27/2026
Have you ever contemplated failure?
Sounds really fun, right?
But we all know failure is a wonderful opportunity to learn. As I was thinking about that word recently, I realized nothing about its definition says it stays that way. Which means there is an even greater chance of growth with failure.
Let me put this thought into my realm of expertise. When does a financial strategy fail? On a down day in the markets? No plan should fall short because of one day or even one month. If anything, a good financial strategy should set rules for buying great assets at great prices.
Of course, the same is true for positive days, months, and years in the market. They don’t, in themselves, define a financial strategy's success. In fact, if your financial strategy relies on short-term returns to avoid failure, we need to talk.
If you feel your financial strategy is doomed to failure or that it isn’t covering all the areas of your life I’ve mentioned here, we should talk. Your financial plan should allow for learning from short-term failures. It should document everything that will help you succeed throughout your financial life.