Time

Time

Posted by: Tad Weiss on June 30, 2015, Latest News

Digitally generated roman numeral clock“Time” has been on my mind a lot lately. Our son Peter just graduated from high school, and I put together a slideshow of the 18 years since his birth. When the slideshow was completed and we all sat down to watch it, there were many smiles, many laughs, and a few tears. 18 years is a very long time that now seems to have flown by so quickly. I’m struck by all the times during his life that I was looking forward to something else. Now I’m looking back and wishing the time hadn’t gone by so quickly.

Time has many positive attributes too. I was just meeting with a client and we were reviewing an investment account that has been invested with us for 20 years. The account had doubled twice, or increased four-fold, through a fairly simple investment strategy. This nice result occurred not so much from the brilliance of our investing, but instead through patience and discipline, and through the power of compound interest over time. Time can be your friend too.

There are a lot of books and articles written about how to get the most out of the time we have. We seem to be in a perpetual quest to maximize our productivity, as if there is a meaningful reward for whoever gets the most done in their 24-hour day. The time I enjoy the most though, is the time that isn’t rushed. It is having coffee on the porch with my family, talking about things that are really important, or not. It is a casual lunch with a friend or client, where neither one of us has to rush off. It is kicking back after a round of golf, having a cold drink without the pressure to hurry on to the next thing. I wonder how many of those time management books would view that as a good use of time.

The best time management tool I’ve found is to start each day unhurried; reading, thinking and praying.   Martin Luther has said, “I have so much to do today that I’m going to need to spend three hours in prayer in order to be able to get it all done.” My natural inclination when I’m too busy is to cut out the 30 minutes I try to spend getting my head on straight, not adding to it!

C.S. Lewis said, “The future is something which everyone reaches at the rate of sixty minutes an hour, whatever he does, whoever he is.” The clock moves at the same speed for everyone. If you’re finding that it feels like your clock is moving too fast, spend some time “slowing down” and see if that doesn’t fix the problem.

 

*Investing entails risk, including the potential for loss of principal.

* Past results are not predictive of future results.

* The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results.

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

The commentary on this website reflects the personal opinions, viewpoints and analyses of the Modus Advisors, LLC employees providing such comments, and should not be regarded as a description of advisory services provided by Modus Advisors, LLC or performance returns of any Modus Advisors, LLC client. The views reflected in the commentary are subject to change at any time without notice. Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Modus Advisors, LLC manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the commentary. Investments in securities involve the risk of loss. Past performance is no guarantee of future results.

© 2014 Modus Advisors, LLC. All Rights Reserved.