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The Guide
February  2020

 

 

“You don’t get what you don’t aim at. 
You might get what you do aim at…
and your aim might get better as you aim as well…
which is something to consider.”   


- Jordan Peterson “12 Rules for Life in 20 Minutes

 

That quote is from Jordan Peterson's YouTube video "12 Rules for Life in 20 Minutes".  Jordan’s 12 rules for life make a lot of sense to me… you may enjoy watching.  The quote reminds me of Matthew 7:7 “Ask, and it shall be given you; seek, and you shall find; knock, and it shall be opened unto you.”  It’s so true!  The problem is most of us never specify what it is we’re aiming at… we never decide what we want.  Once we decide what we want, we have something to aim at and we start moving in that direction.  As we move in that direction, we get new information and realize that we didn’t really know exactly what wanted and so we refine our target and our aim adjusts as well.  It doesn’t happen overnight, (and thank God for that because we’d be a mess) but it does happen over time, and over a lifetime a lot can happen.
 
Reminds me of something I heard Tony Robbins say, it went something like this, “We overestimate what we can accomplish in a year and underestimate what we can accomplish in a decade.”

 

What are you aiming at?  Be as specific as possible, and realize that as you move in that direction you will get new information; you will refine the target and your aim will adjust and get better. 

 
 


Hi <<First Name>>,


This month we’ve included The Wealth Report with more details on the SECURE Act that just went into effect, the "Back in Time" piece for 2000, Update to our ADV Disclosure Brochure, and... I’ll share an experience I had this past week.

I was summoned for jury duty on Monday, they said to be at the courthouse at 8:15 am… so I was there early.  (I like to be early, but it doesn’t always happen because sometimes Lynn and I go places together and well… I’ve probably said enough about that.)  I don’t know why they said 8:15 am because we all just stood in the hallway until about 9 am, then they started calling names and seating us in the courtroom.  The judge spoke for about 5 minutes and told us to go back to the hallway for a break.  I thought "Are you kidding me, let’s skip this break and at least try to get something done this morning."  About 30-40 minutes later they called us back into the courtroom.  The judge said something had come up and they needed to have a different trial in that particular courtroom that morning, so we were all free to go… but we had to be back at 1 pm that day.
 
So, we all got back there at 1 pm… and just stood in the hallway until 2 pm.  Then, they called us back into the courtroom and the attorneys asked us a bunch of questions about whether or not we could follow the law… even if it was in conflict with our own sympathetic feelings for the defendant.  This went on for about 2 hours, but of course, we did have a good break in the middle.  I said yes, I could follow the law, so I got picked to be a juror!  First time I’ve ever been selected as a juror so this was a new experience.
 
We all showed up at 9 am Wednesday morning for the trial and which started pretty close to on time.  We were seated in the jury box and the judge said, “I have some bad news and some good news.  The bad news is... we had to call you all back up here today.  The good news is... the case is settled and you can all go home!”  Turns out the defendant plead no contest the night before, but they still had to call us in to hear that and make it official. 

The wheels of justice appear to turn slow at times but I am grateful to live in a country where we can have a trial by a jury of our peers, where we have the rule of law, and where everyday folks like me are called on to participate, even when I think I have better things to do.


That's all for now.  As usual, if you have any questions or concerns give us a call!
 


 

Annual Update(s) to Smith & Wyatt's Disclosure Brochure


Item 2 Summary of Material Changes

Form ADV Part 2 requires registered investment advisers to amend their brochure when information becomes materially inaccurate. If there are any material changes to an adviser's disclosure brochure, the adviser is required to notify you and provide you with a description of the material changes.

Since last annual updating amendment filing dated 1/08/19, we have made the following material changes:
  • We have updated Item 5 to disclose that our annual advisory fee ranges from 0.25% to 1.0%.

 

R E S O U R C E S



 

 
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