Here is your Seven-Bullet Monday
1. A quote I am pondering:
"Set a goal to achieve something that is so big, so exhilarating that it excites you and scares you at the same time." - Bob Proctor
By setting goals well outside our comfort zones, we generate the transformative power we need to achieve the growth, resilience and self-discovery to one day make that goal a reality.
2. A question I am asking myself:
Is there a faster way?
Benjamin Hardy tells me there is always a faster way than I can see now. So it's up to me to think a little out-of-the-box and figure out how to get there quicker without diluting the results.
3. A book I am reading:
Talking with Bears – G A Bradshaw and Bear Encounter Survival Guide – James Gary Shelton
Two work colleagues suggested different bear books, so I read them in succession. The books are pretty contrasting.
Talking with Bears delves into the fascinating world of bear behaviour, etiquette and communication. It centres on Charlie Russell, who raised and reintroduced several orphaned Russian bear cubs into the world and had such a strong relationship with one female brown bear that she left him in charge of her cubs while she went to feed. You finish this remarkable book, seeing the world through the eyes of a bear.
In contrast, the Bear Encounter Survival Guide is a handbook on safely navigating potential encounters with bears in the wild. There are many practical tips and precautions to help mitigate risks and protect yourself during bear encounters. Both books have some grisly details of bear attacks (sorry, I couldn't resist it 😊), but I highly recommend both.
4. What I learnt this week
About new clothing technology that keeps you cool
With increasingly hotter temperatures due to climate change, some companies now offer products like StayQool suits, which lower your skin temperature in sweltering weather. These suits have specially designed materials and layers that absorb and dissipate heat through evaporation. There are also cooling collars or wrist cuffs that work similarly. As you would guess, these garments are costly right now, but hopefully, the price will decrease as the technology becomes more generic and widely used.
5. The highlight of my week
Attending Fully Charged Vancouver
I attended the Fully Charged Vancouver show this week, with the Vancouver Convention Centre filled from floor to ceiling with mobile electrification. There were over 30 electric cars on display, not to mention bikes (even an electric Penny-farthing), scooters, trucks, and a couple of converted gasoline cars. I also got to meet several valuable people in the industry, which will help as we map out our carbon-intensity reduction into the future.
Think about commodities in your investment mix
Investing in commodities, like gold or silver, can be a good way to diversify and spread your financial risk, especially during high inflationary times. Generally, investors will allocate a relatively small part of their book to commodities as a hedge. You should also know that prices of commodities can change quickly and are influenced by different factors, like political events or shifts in supply and demand. There are several ways to invest in commodities – you can buy and hold physical gold and silver, making sure to do it securely. You can also invest in ETFs that track commodity prices, buy into companies that mine the commodities, or invest in mining royalty companies that earn income through royalties from mining businesses' revenue. Doing your homework before investing in commodities is essential; any seasoned advice you can get will also help.
7. My challenge/request for you for this week
Write down three of your happiest childhood memories
Writing down happy childhood memories is a good practice because your mood will improve when you recall those happy moments. Secondly, it keeps your favourite memories fresh and stops them from fading away with time. Thirdly, reflecting on these positive experiences can give you insights into your present self that you can share with your loved ones because they are part of making you what you are today.
Have an awesome week.