Tranches, Tranches and more Tranches! We will be talking about them a LOT in the upcoming 4
th quarter meetings. Essentially, the underlying conversation is how to get over immediate emotions and focus on our long term planning that we spend so much time on.
It's not unlike raising my 3 year old son, Dillon. If I were to solely focus on his current volatile nature (many of you remember the tantrums and battle of the wills - or perhaps you've correctly chosen to block them from memory) right now and give up on him then he would never get the nurture, patience, love and guidance to turn into a responsible adult in 15 years. In times of turbulence we have to be cognizant of what's in front of us but not let it change our path for the long term. With some nurturing, your nest egg will grow to be your responsible retirement vehicle!
Now this is easy for me to say and implement at work because that's what we at CAISSA do well. However, I am certain that I will be reminded of this at home, where all of the planning in the world can sometimes blow away into thin air as if it never existed. Thank you, dear clients, who appreciate my planning more than my 3 year old.
Have a spectacular October and safe Halloween!