Tipping points are always difﬁcult to predict, but it doesn’t mean you don’t try to predict. As the job-less claims continue to rise, even as businesses are opening back up, it creates a reality that is problematic for a debt-based economy reliant on more debt and more consumption. The volume on the XLF put options might be a little bit of a warning that there is trepidation out there over the prospects of a speedy recovery from this illness.
Now here’s the rest of the news: Like most folks, I start my morning with a hot cup of coffee. Especially during the coronavirus lockdown, it’s reassuring to know that some of the best things in life are easy to come by. In a moment, I’ll show you an unusual profit opportunity in the coffee sector. But first, let’s take a quick look at a few of the major players.
Selling coffee is a pretty simple business. You buy beans from growers, package them for retail, and send them through the distribution chain. That’s how Starbucks (NSDQ: SBUX) became one of the great American growth stories. Over the past 10 years, its share price has returned more than 600% to its grateful shareholders.
May 22, 2019
TRUTH: Everything Worthwhile is…
“Everything worthwhile is uphill. Sadly, many people have uphill hopes and downhill habits.”
—John C. Maxwell
No matter what you want in life, there is one simple truth that you have to accept: Everything worth-while is uphill. There are no shortcuts, and there are no fast tracks. Virtually anything that has value and purpose requires work to attain it. You have to put in the effort to get what and where you want.
Whether it’s a good marriage, a successful career, a healthier, better-looking body, you name it, you have to work at it. As John Maxwell says,
“Nothing that is good in life comes easy. And very little that comes easy is good.”
Put differently, anything and everything you desire in life, everything you would like to strive for, is uphill, meaning that the pursuit of it is often challenging, grueling, exhausting, strenuous, and difficult. No person who has climbed the mountain of success (in any domain) ever said, “I have no idea how I got to the top of this mountain. I just woke up one day, and here l was.”
Any climb uphill must be deliberate, consistent, and willful. It must be intentional. And the climb also requires tremendous self-discipline, which is essential for a successful life.
If everything worthwhile is uphill, that means you have to make the choice to go and get it. You have to put one foot in front of the other and take that hill one step at a time. You must grow and stretch yourself a little every day.
What is that keeps you from climbing? What are your “downhill habits” that are weighing you down? What are your “downhill beliefs” that are holding you back? We ALL have them, and one of the most important steps in the powerfully rewarding uphill journey is recognizing what they are.
And there’s a good chance you have more than one. That’s okay; that’s normal.
The key is tackling them one at a time — not all at once, as that typically leads to feelings of frustration and overwhelm. Focus and work (really work) on one downhill habit or belief at a time, and each time you successfully uproot one, make sure you give yourself an uphill hope.
After all, the uphill climb never stops. It’s not a matter of “when” you achieve a certain goal or “if” you just get that next shiny object. Every day is an opportunity to take climb a little further uphill, and as you get higher and higher, the view just keeps getting better and better.
To The Climb... but …don’t climb alone!