Don’t Ring That Bell…

About the author: Trini Guillen is dedicated to helping clients preserve and create sustainability with their income to successfully get to and through retirement. Trini holds a Series 65 securities registration and has a Bachelor of Science in business administration with a focus in finance. He has spent 21 years in the financial industry. His previous experience includes trade system research and development, portfolio management, due diligence and trade execution.

 

I recently had the opportunity to attend the Change of Command ceremonies for a good friend of mine.  He is a Navy SEAL, with 20 years in the teams and now taking command of Naval Special Warfare Group One.

From the pain of training evolutions in BUD/S, those years in the teams and now as the Commanding Officer of all Naval Special Warfare units on the West Coast, he has had a remarkable military career to say the least, but it didn’t happen overnight.

It is widely known that in order to be selected as a SEAL you must first graduate from the 26-week BUD/S school and then complete the 26-week SEAL Qualification Training Program.  It’s also well known that nearly 80% of the young men entering the program will ring the bell and fail their objective.

These soldiers know that on 4 hours total sleep for the week, their day will consist of these thoughts: another minute of push ups, 2 miles left to run, 600 meters left in the swim, 22 hours left in the day, 3 hours in a 100-degree classroom, 5 days left in “hell week”, 51 more weeks of pain and stress and then – they quit.

Primary reason for failure?  The feeling of being overwhelmed in an environment that was too big for them at that moment in time to comprehend.  To a man – their greatest regret in life were those two words and ringing that bell.

We are long term investors and thus you too are long term investors, so everything we read, see or hear that has short term horizons are just noise.  In order to succeed, it is imperative that we don’t act on emotions and allow discipline to guide us in achieving our goals.

We have been proactively positioning our models to sustain short term turbulence in order to reap the rewards of long term results.  During this time, we are bombarded with information from 7 major media outlets, 7 major news publications, 6,000 internet services that are pumping financial sunshine and doomsday articles attempting to influence our objectives.

Those that persevered through SEAL qualification and were inaugurated into the teams will tell you they were able to push through the pain by becoming comfortable in the moment.  By successfully putting those moments together, they were able to make it through hours and then days to eventually complete the process.

Fortunately, we won’t have to push through any physical pain but we will have to endure the pain of endless information that push taking higher risks for lower returns all in the name of being active.  Our edge is that we are quite comfortable in these moments, ignoring noise and allowing others to be overwhelmed.

Our successes will not be realized overnight – they will be witnessed over time.  Relax and enjoy the remaining days of summer.  Sleep soundly at night knowing that your assets are positioned properly and as they say in the teams, we have your six!

Cornerstone Retirement Group

Based in Reno, NV, Cornerstone Retirement Group is for individuals and families looking to create and grow wealth, protect and preserve their life savings, and plan for the distribution of their estate in a tax-efficient manner through a tailored strategy. Schedule a time to discuss your retirement goals with us.

 

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