From Elliot Eisenberg (the Bowtie Economist); “Almost forty years ago, on 10/9/81, the interest rate on a 30-yr mortgage peaked at an amazing 18.63%. Today that rate is just 3.04%, a decline of 83.7%! Conversely, today, the price for a thousand board feet of lumber on the Chicago Mercantile Exchange hit yet another high at $1,300.00/1,000 bd ft. A year ago, the same contract was $328.50, and on 9/28/09 it was just $163.60. Nothing is forever.”
These kinds of stats are a great way to observe and that what is current will not always be. What are you focused on or stressed about that will pass – good or bad? Perhaps you are failing to enjoy being in the moment. The constant is change. Nothing is forever. This is the kind of thing I need to hear when I am at either end of the spectrum: feeling down on top of the world. It’s an attitude adjustment for sure, but worth the gut check it offers.
(Shoutout to Bill Staley for the inspiration)