2 min read

More Meaning

Good Luck and Godspeed – No. 5

Good Luck and Godspeed

Montgomery Wealth Advisors

Welcome to Good Luck and Godspeed, a weekly dose of rational optimism.

It represents my desire to provide you, my healthcare leader readers, with something interesting, helpful, and not necessarily healthcare-related.
If you love it, please let me know and consider sharing it with your peers.

More Meaning

“It can be hard, but it’s easier if you have something more meaningful to do.”
iA Blog

Obtaining Success

“In the end, the money and success that truly last come not to those who focus on such things as goals, but rather to those who focus on mastery and fulfilling their Life’s Task.”
– Robert Greene, Mastery

Recommended Reading

There is an under-the-radar Japanese tech company called iA with a wonderful blog. I’ve been a user of their flagship product, iA Writer for years. This newsletter was written on it.
iA doesn’t write often, but they always write with purpose. Their recent post, No Thanks, considers the backlash to Apple’s controversial iPad. If you haven’t seen it, the ad depicts creative tools like guitars and pianos and paint being crushed by a giant hydraulic press to symbolize the iPad's versatility.
But iA goes beyond the ad controversy. It considers our craving for more tangible, real-world experiences that engage our senses and creativity – things like cooking, painting, playing music. We shouldn't just mindlessly consume the latest tech, but critically evaluate whether new technologies actually enrich our lives or not. It's a call to maintain a balanced perspective, using tech as a tool when it's truly useful, but not allowing it to entirely replace authentic analog pursuits that can bring deeper fulfillment.
With our lives increasingly digitized, this is a poignant reminder to stay grounded in cultivating real-world skills. Savor the simple joys of hands-on creative expression.

Things to Ponder

The iA post called to mind Robert Greene's work in his book Mastery. We're all hardwired to pursue things that truly matter, whether you label it your "Life's Task" or not. iA's call to seek "something more meaningful" is spot on. We crave analog pursuits that engage our senses and spirit in profound ways.

A Money Thought

Hospital executives should take a comprehensive approach to their investments. Consider all assets — both inside and outside company retirement plans — as part of your total portfolio.
While retirement plans may offer expensive investment options, they also provide tax advantages. Pay attention to costs, but also focus on strategic asset placement.
For instance, consider holding the fixed income portion of your total portfolio within your company retirement plan. This is frequently one of the lower cost options and can help optimize tax efficiency.