Our lives can be described as a roller coaster ride. Mine definitely has been and there can be some scary moments along the way. Everything can be running on auto pilot and then:
Something happens in your life that changes things forever. It could be a death, a diagnosed illness, loss of a job, dealing with the aftermath of a natural disaster or any number of other circumstances beyond our control. I have faced all of these issues within the last year and a half but that’s a story for another time.
Life can have great moments too – finding your soulmate, planning your wedding, the birth of a child, buying your first home, travelling…..and those are just some of the big ones. There are many little moments that we also come to appreciate on our journey.
Because this is a “financial blog”, I will share with you my thoughts on this roller coaster ride we call life and how I see similarities in the economic or business cycle. Take a look at the Economic Cycle:
There are 4 Stages: Trough, Expansion (sometimes called Recovery), Peak and Contraction
The business cycle is full of ups and downs much like we face at different stages throughout our lifetime. The one thing that I would ask you to focus on is the fact that there is always movement. It never stays the same – and if you can stick it out for the long haul, there is so much potential for growth.
Those of you that know me well are aware of the fact that I absolutely LOVE roller coasters! So as you face the ups and downs in life I would ask you to hold on tight…..and enjoy the ride.
I would love to hear your comments below!
Jeanette Ramnarine resides in Belleville, ON where she and her husband are co-owners of Forward Finances. Her work and financial advice for families has appeared in various forms of media including newspaper, magazine, blogs and television. She is a licensed insurance broker and investment advisor bringing a unique and creative approach to her clients with her knowledge and expertise in estate planning and wealth preservation.