Expect Change

Years ago there was a millionaire who was getting old.  He decided he wanted to provide for his heir, but he wanted to protect them from poor investments that would make them lose the fortune he had built up.  He had his lawyer draft his will in a way that would provide for his heirs, but only allow his money to be invested in a reliable solid industry.  The industry he chose was electric street cars.  Within a generation his descendants were pumping gasoline at service stations.

The millionaire had good intentions, but he was short sighted.  His
basic failure was that he didn’t expect change.  He correctly assumed
that people would always need cheap transportation.  He incorrectly
assumed that electric street cars would be around forever.

While much less dramatic than the millionaire example, most people have
some story about loss that could have been prevented by expecting
change.  In planning for the future make sure you don’t fall into a
trap of assuming that the way things were last year are an indication
of the way things will be next.