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Risk of Standing out


During a quiet three-day weekend, I discovered the ultimate way to think about taking a chance and if something in life is worth it. 


I signed up Caroline to sing two original songs at Eddie's Attic

A bar she had sung once before at a showcase when she took singing lessons at Jan Smith studios. 

Caroline was the 3rd act and a ⅓ of the age of the average performer there. 

She was nervous, no one other than her best friend Kate knew she was there. 


She performed like a champ. 


She took a big risk, a chance. 

I am proud of her, 

but I also woke up on Tuesday a bit stressed and full of anxiety. 

And so did she…. 


What am I getting Caroline into? 

The world is full of talented people. 

How is she ever going to stand out? 


Will Caroline become the 27-year-old cute, talented blonde performing at Eddie’s who performed after her?  or will she be larger than this? 


At the same time, I’ve been working on a draft of a book, 

not sure what it should be about. 

I’m also feeling defeated.  The world is full of talented writers and storytellers. 


This uneasiness is life’s way of forcing us to continue or give up. 


Developing talent is just the opposite of diversification and optionality - which are essential investing concepts. 


Developing talent takes a lot of focus, hard work, and belief that this is something bigger than oneself.

It's doubling down and going for it. 


But at age 52 years old, I have nothing to lose. 

Going back to Caroline, at 16 years old, she has nothing to lose.


I also recognize that it's my goal is for her to focus on developing her talent before she goes to college to reduce the risk of pursuing a career in music after she graduates.  


This is not her goal. 


Then I think of my life's journey, true happiness comes from pursuing goals that are personally meaningful and intrinsically motivating. 


Caroline isn't there yet .... she loves to practice but still wants to have fun with her friends. 


She will have to discover her journey - which will come from autonomy, competence, and relatedness. 


What thing do you want to do but are scared to do it? 

Just think of something as you have nothing to lose and go for it!


Thank you for reading!


Tiffany Kent

Your Friendly Wealth Engagement Guide


Disclosures: Past performance is not indicative of future results. This material is not financial advice or an offer to sell any product. The information contained herein should not be considered a recommendation to purchase or sell any particular security. Forward-looking statements cannot be guaranteed.


This commentary offers generalized research, not personalized investment advice. It is for informational purposes only and does not constitute a complete description of our investment services or performance. Nothing in this commentary should be interpreted to state or imply that past results are an indication of future investment returns. All investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to consult with an investment & tax professional before implementing any investment strategy. Investing involves risk. Principal loss is possible.    

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