It’s early in the morning on Christmas Eve as I write to you from the Rocky Mountains, my boyhood home where I return every year to spend the holidays with family and some old friends. Here’s how Colorado greeted me on this special morning:
I notice every year at this time that few people discuss the stock market while baking or shopping or wrapping or sipping hot drinks around the tree. The holidays showcase what’s really on people’s minds, and among my people it’s not Wall Street.
The people around me professionally, especially the investment media, present the winding line of the market as if it’s the whole reason this planet formed nigh on five billion years ago. Within that perspective, the subjects of stress and “these crazy times” come up a lot. One way of minimizing the stress is to keep the market at its proper proportion in our lives. It’s a method of growing capital and receiving income to achieve goals that will improve our lives with the people we love. It’s not the only way, either, and usually not the best. A well-run business in the right sector will produce more profit for most people than will trading the whims of the market or claiming a small stream of dividends from corporations.
I like stocks as a jewel in the crown of a wealthy life, but what a lonely crown it would be if they were the only jewel. Christmas is a good annual reminder of that for me, and I hope for you, too. When I hold my niece and play with my nephews, when I snap shots of people opening the presents I chose, and when I see the anticipation in the eyes of people watching me open something they chose carefully for me, my thoughts will move past the jewel of stocks for a while and settle peacefully among the jewels of people who by some wonderful stroke of cosmic luck ended up alive during my lifetime.
With that, I wish you a merry Christmas!
Look insideThe Kelly Letter
Thank you Jason for the warm holiday sentiments and the beautiful pictures. I was a bit envious of your view until today when it snowed more that it has in many years where I live in NC. We have been blessed with a Wonderful White Christmas! Merry Christmas and Happy New Years!
Thanks for this, Jason–a poignant reminder of what’s truly important in life. Money is an enhancement, and a means–not the end. I appreciate how this meme subtly runs through FSP and some of your postings, as well–and that’s part of what drives me to keep passing your book around to as many people as I can. =)
Happy holidays from beautiful Boulder!
Happy non-religious Christmas and a happy New Years from my family and I in Denver, CO.
my family and me
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