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Monday, May 04, 2020

Five Mega-Realities of Life - Breathing Space Blog

The five mega-realities of life serve as a framework to understanding change and how we can adjust our thinking and activities to maintain some semblance of control.

Sitting right where you are, what you now know about population — the fact that the world gains more than a quarter million people per day enables you to safely predict the following:

1) Investing in real estate, more specifically a home, now while prices are depressed and interest rates are low will be a sound financial move almost independent of your economic station in life.

2) Adopting a somewhat contrarian mindset will prove to be advantageous. Attempting to head into the city or out of the city at the same time as everyone, or booking theater or restaurant reservations at the same time as everyone else will be problematic or increasingly so as time passes. Commutes in all directions will become more arduous. Hence, living closer to work, living closer to shopping and conveniences, telecommuting occasionally, and shopping online will only grow in attractiveness and utility.

3) Old friends become more valued friends. Anchors such as family, close business associates, former college roommates and those who have shared experiences with us become more important with the passing of time. This is not to downplay the role of new friends, for indeed they can become great friends and eventually even old friends!

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Jeff Davidson, MBA, CMC, Executive Director -- Breathing Space Institute  © 2019
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