Change – it’s inevitable

Change – it’s inevitable

8 January 2019 - posted in Lifestyle and Pre-Retirees and Retirees by Brenton Miegel


Heraclitus is quoted as saying “change is the only constant in life”. Do you ever find yourself in the middle of an activity (whether it be a project, hobby, renovation or the like) and discover that the path you thought you were following needs to change?

It may be because there is not enough time or space to complete the activity that you planned? It might be that the colour that you chose for the new feature wall just won’t work with the furniture that you have (and the budget won’t stretch to new furniture)?  It might be that the holiday plans need to alter as the accommodation you thought you booked wasn’t?

Whatever it is, tackling changes can be an experience that goes one of two ways – exasperating or invigorating.  If it is the former, then you are likely to be someone who doesn’t like change, or struggles to cope/adapt when change is thrust upon you.  If it is the latter, then change presents an exciting opportunity to look at something with “fresh eyes”.  Depending on the circumstances, and if you are like me, it will often be a combination of the both.

2019 has arrived, and one thing is certain about it – things will change!! 

As a professional financial planner, I live in a (working) world of constant changes.  The obvious ones are legislative changes and investment market changes that impact what I do.  The less obvious can be things like changes to continuing professional development, fund manager changes, investment strategy updates, technology changes and the like.  Personally, I find many of these to be positives.  Do I always like the changes – no!  But I think that’s human nature.

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry will come to an end (with a final report) in February.  I would anticipate that this will proffer many recommendations that have the potential to change/impact what I do and how I do it.  For me, if it increases professionalism then I am all for it.

Fund manager changes happen – amalgamations, sales, purchases, etc – all have an impact.  We’ll see this happen in 2019 I am sure.

Some change takes time to implement, whilst at other times the change needs to happen NOW! 

Embracing and accepting change can be tough. 

Let me encourage you to do just that – embrace and accept the changes that come your way, without being led blindly down a path that you feel uncomfortable with.


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