TWENTY-ONE

TODAY’S BLOG

TWENTY-ONE

We have turned twenty-one. We are still here and growing again as I outlined in my last post. One of the many aspects of my work that I really love is the constant learning and improving. Whilst learning new things often seems a little frightening, a little bit of time and perhaps a lot of work can  provide a reassuring perspective.

It is tempting at anniversaries to do a lot of looking back at what has been achieved. However today I was introduced to a fairly stark image – no, not the usual pictures of backtracking ministers or inept politicians – a reminder that life is very, very short.

TEMPUS FUGIT – OUR CONSTANT

The author, Tim Urban (really?) continues to use and develop his basic visual tool to explore other ideas, but these all stem from the same basic idea of measuring life in different types of units, rather than perhaps monetary ones. A good financial planner will have discussed this notion to some extent with you – trying to help you appreciate that life is short and you may not get to do all the things you say you would like to do because time runs out. This is fundamental to any good financial plan in terms of knowing how much is enough. I’m not meaning “just enough” but enough.

The graphic shows a human life to age 90. For many humans, this will be longer than they actually live, for some it will not be nearly long enough. Tim spends time reflecting on things he does with his time and then tries to estimate how much he has done and how much he has left. It helps him to focus on what is important to him.

I wonder what you think? Its easy to get started with your own life in weeks, but its also rather daunting when you see how much time remains… hopefully. So I’m likely to adapt this idea to help you think about what’s actually important in your life and what you definitely don’t want to run out of time for. Anyway, the place to start is where you are now… and then cross out everything before or mark it as completed…. I’m available to discuss.

Dominic Thomas
Solomons IFA

You can read more articles about Pensions, Wealth Management, Retirement, Investments, Financial Planning and Estate Planning on my blog which gets updated every week. If you would like to talk to me about your personal wealth planning and how we can make you stay wealthier for longer then please get in touch by calling 08000 736 273 or email info@solomonsifa.co.uk

GET IN TOUCH

Solomon’s Independent Financial Advisers
The Old Bakery, 2D Edna Road, Raynes Park, London, SW20 8BT

Email – info@solomonsifa.co.uk 
Call – 020 8542 8084

WHAT WE’RE ALL ABOUT

If you would like a no-nonsense one page document explaining what financial planning is all about please enter your email here.

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GET IN TOUCH

Solomon’s Independent Financial Advisers
The Old Bakery, 2D Edna Road, Raynes Park, London, SW20 8BT

Email – info@solomonsifa.co.uk    Call – 020 8542 8084

WHAT WE’RE ALL ABOUT

If you would like a no-nonsense one page document explaining what financial planning is all about please enter your email here.

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TWENTY-ONE2020-08-19T16:53:32+01:00

Art and the art of friendship

Art and the art of friendship

There is a revival of the play “Art” currently in residence at The Old Vic. This is a comedic and (as is invariably the case) deeply poignant play, making observations about friends and relationships.  The focus is a work of art itself, arguably over the last 25 years, the art involved is probably less contentious than it would be by some of today’s work that has grabbed headlines in selective media.

Indeed the other notable change since the original French script by Jasmina Reza first premiered in 1994, was that the price of the painting was repriced in Euros rather than Francs. Something that we might do well to remember in the coming days – there was life in Europe before the Euro (no, I’m not making a political point, merely highlighting a historical one).

Older friends

The play is having a 20 year revival since it reopened in December 2016. The play was first (and last) in London opened in October 1996 and was hugely successful, so much so, that its endurance began to draw comparisons with The Mousetrap (for continued performances). However the run eventually came to an end in 2004, having provided a platform for many actors and comedians, with the cast changing multiple times. I cannot recall quite when I saw the play first, but let’s just say it was some while ago and whilst it has not changed, I certainly have.

A friendship of types

The play is about three friends, whose reaction to an expensive, bare, exposed, white, not quite “blank canvas” painting, that Serge buys, in turn reveals the bare-bones and home truths about their relationships. It is a fascinating, often hilarious, exploration of friendship, class, taste and identity. Everyone probably resonates more with a particular character and at various points in the play, I imagine that its possible to identify those in the audience most like the characters by their reactions at key moments, right from the very first scene. Yet despite the genuine discomfort the audience is taken on a journey to resolution.

How people talk about money

Most relationships have a degree of complexity, but what Reza notices most obviously is the way relationships are altered by money. Had the price of the painting been a few pounds, it is unlikely that the subsequent heated exchanges would have occurred. Whilst clearly we have all have friends for a reason, it is unlikely that a friend is a sensible choice for advice when it comes to matters of money. Impartiality and professionalism of course apply to many aspects of “advice” that we all seek from time to time, but financial advice, is rarely, probably never, best discussed with friends around your table of choice.

Time is short

Art is currently showing at The Old Vic in London, until 18 February 2017; starring Rufus Sewell (Serge), Paul Ritter (Mark) and Tim Key (Yvan).

Dominic Thomas
Solomons IFA

You can read more articles about Pensions, Wealth Management, Retirement, Investments, Financial Planning and Estate Planning on my blog which gets updated every week. If you would like to talk to me about your personal wealth planning and how we can make you stay wealthier for longer then please get in touch by calling 08000 736 273 or email info@solomonsifa.co.uk

Art and the art of friendship2017-01-27T11:11:14+00:00
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