The closest thing to an investment time machine

The wealthier a society, the more they value their time. Time’s the one thing that is limited for all of us, regardless of background/IQ/net wealth. 

Jeff Bezos is not going to live to 200. Nor is Bill Gates. Heck Steve Jobs only made it to 60! But, how they use their time is VERY different. 

As we age, “TIME” becomes more important. 

Let me explain.

The real currency of the wealthy is the quality of their time

If you are 50/60 years old, do you want to sit in traffic two to three hours a day commuting? Or do you want to spend that time with loved ones, helping others and following your true calling? 

Which of the two above have more control over their time? The one sitting in traffic five days a week or the person that doesn’t ever have to sit in traffic again?

Two things are repeatedly coming up in my conversations with people who are serious about changing their approach to growing their money through training.  

They want control back. 

They want control back over their money and control back over their time.

They want to be at peace regardless of headlines or market moves. 

Because… having to worry about their stock market money everyday even though they have a big box advisor or a pick of the month newsletters doesn’t make them feel rich. They want to sleep well and not have to think about the markets when they are on vacation or just living life. 

Think of it this way. 

If you are 50 or 60 years old do you want to have to still worry about your money or find peace that you really know you are going to be okay?

It’s the same comparison as the person in traffic each day to the one that doesn’t ever have to suffer through traffic. 

Is your current investment approach enhancing your time? Or having you constantly worry?

After all, money should support a life with fewer worries. Otherwise, what’s the point.  

The first trillionaire will be the person to eliminate all the lines in your life, at the doctor’s office, waiting for x-rays, medications, traffic lights to work, security lines at airports, sitting through TV ads, or my personal favorite, eliminate all stock market angst. 

What’s the point of paying a big-box advisor if you know they are going to keep you in the market during the next 40% to 60% drop. 

What’s the point of owning that 60/40 balanced fund that will only drop 43% when the market falls 58%, which is what happened in 2008. 

You might not know what to fix yet, but you know something is wrong. Losing 43% or 60% can never, ever be right.  

Is there any other industry where near fatal losses are considered normal???

How many times have you thought you might lose half your money, or have a bad night sleep because Jim Kramer or your pick of the month newsletter told you with complete certainty, the temple is about to get pulled down on top of you?

Maybe not so bad when you are 40 and ramping up your income and in the accumulation phase. But people who are 55 or 65 will be moving out of the accumulation phase soon if not already. 

Wealth is knowing you’ll have enough money for your expenses and your lifestyle. Period. Maybe not a, “month in Italy each summer living the first-class lifestyle,” but leading a great, “I’ll-be-okay, lifestyle.” 

The Robinhood of the next generation is the one that can eliminate unnecessary investment anxiety and pain… while still having them grow their money.

Stress kills. And stressing about the market will shorten your life both in length and quality. 

Who wants to live to 100 worry about losing half their money…?

Big-box advice is a tax on the untrained investor. A tax that will lower the quality of their life. The same goes for pick-of-the-month newsletters. 

Ways to extend your life…

Youtube Premium – I pay Youtube $9.99 a month or $3,600 over 30 years to not suffer through any ads selling domain names or Overstock deals. I get 60 days of my life back. What’s two months of extra time worth to you? 

TSA Pre – I paid a one-time $120 to spend 10 minutes at security and not an hour each time I fly. I fly rarely but even so, this measly $120 investment will save me 18 very stressful days in my life. What would you pay to eliminate 18 TSA-like stressful days from your life?

Netflix/Amazon Prime/etc. – At a combined $8,250 over 30 years. I save in drive time and commercial over two years of my life. If you could pay $8,250 to get two years of your life back would you?

And then you have Envoy/Instacart/Doordash/ for food and grocery delivery. Cost… About $3 to $12 per delivery. Not having to drive, wait in line and drive back…? Does anyone love going grocery shopping? Savings three hours a week or 156 hours a year means living a longer life. Doing more of what you love. And less of what you don’t. This is wealth. 

It’s not the length, where all going to live about the same length, give or take 10 years. It’s the quality. 

And what about great sleep? 

How much would you pay to sleep great and never be hijacked by the market, the noise machine or the pick of the month newsletter world? 

The time machine is about being at peace and getting your day and night back. And there’s no one better at talking about this then Professor Scott Galloway. As you will he see he speaks about this much better than me and you will notice that generously pulled from his well written letter. He’s a much better communicator than me. 

And like Professor Galloway says, owning a private jet is often described as a time machine… because you know. No airports. TSA. Waiting. And then waiting some more. 

If you are wanting a better life, you may want to think about my training. You can go to this page to get on my calendar… but please this is not for tire kickers, or what my friend Frank likes to call, “time vampires.” This is for people who know something is not working and want to do something about it. 

Be kind to yourself.

The wealthier a society, the more they value their time. Time’s the one thing that is limited for all of us, regardless of background/IQ/net wealth. 

Jeff Bezos is not going to live to 200. Nor is Bill Gates. Heck Steve Jobs only made it to 60! But, how they use their time is VERY different. 

As we age, “TIME” becomes more important. 

Let me explain.

The real currency of the wealthy is the quality of their time

If you are 50/60 years old, do you want to sit in traffic two to three hours a day commuting? Or do you want to spend that time with loved ones, helping others and following your true calling? 

Which of the two above have more control over their time? The one sitting in traffic five days a week or the person that doesn’t ever have to sit in traffic again?

Two things are repeatedly coming up in my conversations with people who are serious about changing their approach to growing their money through training.  

They want control back. 

They want control back over their money and control back over their time. They want to be at peace regardless of headlines or market moves. 

Because… having to worry about their stock market money everyday even though they have a big box advisor or a pick of the month newsletters doesn’t make them feel rich. They want to sleep well and not have to think about the markets when they are on vacation or just living life. 

Think of it this way. 

If you are 50 or 60 years old do you want to have to still worry about your money or find peace that you really know you are going to be okay?

It’s the same comparison as the person in traffic each day to the one that doesn’t ever have to suffer through traffic. 

Is your current investment approach enhancing your time? Or having you constantly worry?

After all, money should support a life with fewer worries. Otherwise, what’s the point.  

The first trillionaire will be the person to eliminate all the lines in your life, at the doctor’s office, waiting for x-rays, medications, traffic lights to work, security lines at airports, sitting through TV ads, or my personal favorite, eliminate all stock market angst. 

What’s the point of paying a big-box advisor if you know they are going to keep you in the market during the next 40% to 60% drop. 

What’s the point of owning that 60/40 balanced fund that will only drop 43% when the market falls 58%, which is what happened in 2008. 

You might not know what to fix yet, but you know something is wrong. Losing 43% or 60% can never, ever be right.  

Is there any other industry where near fatal losses are considered normal???

How many times have you thought you might lose half your money, or have a bad night sleep because Jim Kramer or your pick of the month newsletter told you with complete certainty, the temple is about to get pulled down on top of you?

Maybe not so bad when you are 40 and ramping up your income and in the accumulation phase. But people who are 55 or 65 will be moving out of the accumulation phase soon if not already. 

Wealth is knowing you’ll have enough money for your expenses and your lifestyle. Period. Maybe not a, “month in Italy each summer living the first-class lifestyle,” but leading a great, “I’ll-be-okay, lifestyle.” 

The Robinhood of the next generation is the one that can eliminate unnecessary investment anxiety and pain… while still having them grow their money.

Stress kills. And stressing about the market will shorten your life both in length and quality. 

Who wants to live to 100 worry about losing half their money…?

Big-box advice is a tax on the untrained investor. A tax that will lower the quality of their life. The same goes for pick-of-the-month newsletters. 

Ways to extend your life…

Youtube Premium – I pay Youtube $9.99 a month or $3,600 over 30 years to not suffer through any ads selling domain names or Overstock deals. I get 60 days of my life back. What’s two months of extra time worth to you? 

TSA Pre – I paid a one-time $120 to spend 10 minutes at security and not an hour each time I fly. I fly rarely but even so, this measly $120 investment will save me 18 very stressful days in my life. What would you pay to eliminate 18 TSA-like stressful days from your life?

Netflix/Amazon Prime/etc. – At a combined $8,250 over 30 years. I save in drive time and commercial over two years of my life. If you could pay $8,250 to get two years of your life back would you?

And then you have Envoy/Instacart/Doordash/ for food and grocery delivery. Cost… About $3 to $12 per delivery. Not having to drive, wait in line and drive back…? Does anyone love going grocery shopping? Savings three hours a week or 156 hours a year means living a longer life. Doing more of what you love. And less of what you don’t. This is wealth. 

It’s not the length, where all going to live about the same length, give or take 10 years. It’s the quality. 

And what about great sleep? 

How much would you pay to sleep great and never be hijacked by the market, the noise machine or the pick of the month newsletter world? 

The time machine is about being at peace and getting your day and night back. And there’s no one better at talking about this then Professor Scott Galloway. As you will he see he speaks about this much better than me and you will notice that generously pulled from his well written letter. He’s a much better communicator than me. 

And like Professor Galloway says, owning a private jet is often described as a time machine… because you know. No airports. TSA. Waiting. And then waiting some more. 

If you are wanting a better life, you may want to think about my training. You can go to this page to get on my calendar… but please this is not for tire kickers, or what my friend Frank likes to call, “time vampires.” This is for people who know something is not working and want to do something about it. 

Be kind to yourself.

In Your Corner,

RCPeck-Dig Signature.JPG

RC Peck, CFP

So few words…

  1. “It is only with the heart that one can see rightly. What is essential is invisible to the eye.”— Antoine de Saint Exupéry
  2. Work one day less and make 40% more, sound like an internet promo, but it isn’t. Its from the second largest publicly traded company on the planet. Thank you Microsoft Japan.
  3. A picture is worth a thousand words. I’ve been wanting to see Ford vs. Ferrari the movie. It’s clear who won (see below). The yellow line is Ferrari’s share price from their IPO in 2015 vs. Fords (black line) during the same time.

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