Tis the season for New Year’s Resolutions, isn’t it?
It struck me that one reason why New Year’s resolutions are powerful incentives is because they are external milestones to trigger a change in behavior. They also come at the right time—when we are thinking about the past year and willing to learn from the prior twelve months.

The main weakness from the idea of a New Year’s resolution is that it happens once a year. Being reflective, learning from your past, analyzing data, and committing to new patterns of practice once a year is insufficient. It also has the risk of making you feel like you’ve failed if you haven’t accomplished your New Year’s resolution.
So like you should periodically revisit your investment portfolio and understand your asset allocation, I will do that with my time and goals.
What does this mean?
Expect a post in 30 days about how well I’m doing.