Tell me about your wealth.” Most people would respond with information about cash accounts, savings, investments, real estate owned, collectibles, business enterprises, and anything that has a dollar sign. I call these treasures. Certainly, they are a component, but is that all there is to wealth?
Everyone has, or knows someone who has, lost something they value in terms of dollars. The stock market decline of 2000 to 2002 and the hurricanes of 2005 prove this point. Others have lost businesses, made unwise investments, or fallen prey to identity theft or scams. As devastating as these are, we know that most people recover and rebuild. How are they able to do this? I submit it is because they still have their true wealth, which enables them to replace what they have lost. It is this wealth that acquired the treasures in the first place.