*|MC_PREVIEW_TEXT|* https://preservewm.com We've been keeping up with the latest headlines... here are two of our favorites worth sharing. ** Your Money ------------------------------------------------------------ All good investing comes down to surviving an inevitable chain of short-term setbacks and disappointments to enjoy long-term progress and compounding. So how does Bill Gates manage this apparent contradiction? Optimism and pessimism can coexist. If you look hard enough, you’ll see optimism and pessimism next to each other in virtually any success scenario. They may seem like opposites, but they actually work together to keep everything in balance. Gates understands that you can only be an optimist in the long run if you’re pessimistic enough to survive the short run. Save like a pessimist. Saving like a pessimist means you acknowledge the cold statistics of how common bad news is. It’s common at a global, national, local, business, and personal level. So save money heavily, knowing with certainty that you’ll need a cushion to deal with the next banana peel. Be a little paranoid, knowing that the assumptions you hold today could break tomorrow, and you’ll need enough room for error to make it to the next round. At PWM, we call this our Living Vault (0-3yrs)...come hell or high water, we know how to cover the next three years of cash flow. Invest like an optimist ore people and businesses try to solve problems than fudge success or get into trouble. But the odds tilt ever so slightly toward long-term progress amid frequent setbacks. As long as more people try to get better than screw up, the long-term odds are in an economy’s favor. And that’s almost always the case because the screw-ups — the declines, the recessions, the wars — fuel the problem-solving. Once the odds are in your favor, compounding takes hold. And then boom! At PWM, this is our Living Vault (4yrs+)...knowing we have a 0-3 year strategy for short-term setbacks, this where the long-term growth happens. A powerful money lesson from Bill Gates (https://www.cnbc.com/2021/01/04/bill-gates-powerful-lesson-invest-money-like-an-optimist-save-like-a-pessimist.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail) by Morgan Housel ** Your Life ------------------------------------------------------------ After COVID-19, the world will, once again, be your oyster. In that spirit, here is International Living magazine’s 2021 Best Places in the World (other than the US) to Retire with ranking based on the cost of living, housing, healthcare, retiree benefits, and other factors. International Living purposely left out the US because most readers are American and are already familiar with US life. Here are the world’s best places to retire in 2021 (https://money.yahoo.com/best-places-to-retire-in-2021-181112459.html) by Dhara Singh https://www.linkedin.com/in/danheth/ https://www.linkedin.com/in/rosalynn-harvey-heth-mpa-ceps-3a3aa3191/ ** Complexity Simplified ------------------------------------------------------------ Is weight loss on your list of things to do in the new year? The market is saturated with meal delivery companies offering various plans to fit a range of specific wants, needs, health requirements/stipulations, and lifestyles. BistroMD, for example, was created by a medical doctor and can provide up to 3 meals a day, 7 days a week. Blue Apron has meals that are Weight Watchers approved. Nutrisystem is known for its weight loss focus. Snap Kitchen has keto-friendly meals. The list goes on and on. Check it out on the link below. Please note, even though the article below is from Women’s Health, these companies apply very well to men, too. 15 Meal Delivery Services That Make Cooking For Weight Loss So Much Easier (https://www.womenshealthmag.com/weight-loss/a19982815/meal-delivery-boxes/) by E. Bacharach and A. Jones ** Trivia ------------------------------------------------------------ A: Hamlet Q: Outside which New York building was John Lennon killed? https://www.youtube.com/watch?v=X9H_cI_WCnE ** Back in 1958, this song reached #1 ------------------------------------------------------------ ============================================================ ** Facebook (https://www.facebook.com/preservewm) ** Twitter (https://twitter.com/preservewm) ** LinkedIn (https://www.linkedin.com/company/preservewm/about/) Copyright © *|CURRENT_YEAR|* *|LIST:COMPANY|*, All rights reserved. This email was sent to *|EMAIL|* (mailto:*|EMAIL|*) why did I get this? (*|ABOUT_LIST|*) unsubscribe from this list (*|UNSUB|*) update subscription preferences (*|UPDATE_PROFILE|*) *|LIST_ADDRESSLINE_TEXT|* *|REWARDS_TEXT|*

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