« When you come to the edge of all of the light you’ve known and are about to drop off into the darkness of the unknown, faith is knowing one of two things will happen. You’ll have something solid to stand on or you’ll be taught to fly » Patrick Overton
She paused and looked at the clouds forming. They had been seeding them in hope of getting rain but she planned otherwise. Using the old conjuring of spirits of dry, she danced wildly invoking desert drought and parched lands. The land was cool from the winter winds but the skies grew clear of clouds and the dust flew in the air filling people’s chests. After all they had done to her, she vowed to not let the rains bless their lands until she received what they had taken away from her. They had thought her to be a mere vessel that they could lull back to sleep, not realising that within her the powers of the Shamans of old were reignited. She had rediscovered within her the spirits of the lineage of Shamans that went back to time immemorial when she had danced in Machu Pichu her senses blazing from the Ayahuasca brew.
Every time the clouds gathered she willed the weather back to that of dried lands. She had been in public once though and could not stop the rains from falling as she could not break into the dance of flames. As soon as she could, that one time it had rained, she had hurried back home and willed the rain to stop. Her eyes blazed with the fire of the phoenix rising within her and scorching the pelting rain to vapour before it had stilled it and reduced the clouds to small cotton balls in the sky. Hers was not a mere revenge but a mission she embarked upon with all the vigor and will of those who had been coarsely and negligently wronged.
During the nights, she spoke to the spirits of the rain and pacified them, letting them know that they could visit sites nearby where they could flow all their ardour into the lands. In her altered state she took them by the hand and guided them to locations that would either benefit from rain or where she wanted to wreck havoc in vengeance, taking them far away from where her physical body was lying. They danced through the desert skies, high above the clouds and making sure not to come into contact with these latter so that they would not be charged and wet the lands with their content. Every time she danced with those spirits, her astral body sizzled with the intermingling of the flames of the phoenix and the waters of the spirits of the rain. The result was a trail of mist and steam that onlookers identified in the sky as a streak similar to that of a wishing star. Together they danced right over Paris and other European cities before returning to the place where her body dwelt. Once the dances over, she resettled back into her body and slept a sleep riddled with dreams of the Mother.
We all have watched movies and some of us may have envied the stars for being in a job that joined passion and profitability but probably few of us ever thought about how these stars managed their finances. I was just reading an article today and was surprised to see certain names of stars who purportedly are « broke ».
For those of us « mortals » with defined income streams at modest to slightly higher than modest levels, it can appear difficult that someone earning millions to tens of millions could ever be « broke » in a lifetime let alone in a decade but the truth is just staring us in the face. While the emphasis is on the stars in this article which I attach a link to below, it is clear how the same can be applied to the uber rich or the Very High Net Worth Individuals (VHNWI) including high earners in the sports arena.
In this context, it is clearly visible that not only the financial advisor to a star (or a VHNWI) has to have a proper “backbone” and try to talk them out of the impulsive spending but also a star (or a VHNWI) has to seriously consider – at the onset of the relationship – entering into a contract where the financial advisor is sufficiently empowered to curb such spending. Where required, a projected budget taking into account spending requirements of the star (VHNWI) should be made on an annual basis. Reaching a balance between a good lifestyle as desired and leaving a proper cushion for future availability of cash should be one of the top priorities for such contracts. Sadly, as with most advisors dealing with VHNWI, advisors do not approach the subject allowing their clients to deplete their wealth inconsiderately.
For those of you advisors who are able to mitigate your clients’ request and convince them of appropriate spending habits in line not only with their current earnings but also keeping in mind their projected earnings and lifestyle over their lifetime, I salute your temerity and hard work as I know it is a difficult task. Till then, you can read and be bemused like I was at some of the names in the article.