The Wealth Wall Street Can’t Touch

I watched in amazement this week as the stock market continued its downward slide. Every time I checked the news, I braced myself for increasingly dire reports. When the market finally closed on Friday afternoon, I breathed a sigh of relief, thankful that the DOW did not end below 8,000 points.

An Elk in an Open Field - Photo courtesy of ©iStockphoto.com/PaulTessier, Image #3859603

While the week’s drama had been unfolding on Wall Street, Gail and I were safely tucked away in the Rocky Mountains, spending a few days with several dear friends and industry leaders. Naturally, we talked about the financial crisis, but we also shared some wonderful times of fellowship. We spent most of our time talking about more transcendent issues—things that matter deeply to each of us.

By Friday evening, everyone had left except us and our hosts, Rick and Debbie. About 5:00 p.m., the four of us drove into the Rocky Mountain National Park to see if we could catch a glimpse of the giant elk that roam the forests and meadows like ghosts. We hoped that we might even hear the elk “bugling,” something they only do during the mating season.

We had not been driving twenty minutes when we saw several cars stopped along a meadow. We got out of the car and immediately saw a bull elk with about six cows grazing. Then we noticed several elk on the mountainside above our car. We literally got within twenty yards of these giant creatures, our jaws drooping in wonder.

After thirty minutes of watching—and no bugling—we went to another site and parked. We got out of the car, unfurled our blankets, sat down with our binoculars, and opened a bottle of red wine. We passed a tray of cheese and crackers between us.

Within minutes another bull elk emerged from the woods. Soon, several cows followed and even a few calves. As we stared and whispered to each other, the calves began chasing one another in a circle. We knew we were witnessing something extraordinary. It was a perfect moment … but not the last.

As the sun set, the bulls finally began to bugle. The dimly lit meadows came alive with sounds—an elk choir, singing an ancient and elaborate melody. Older elks bellowed deeply. Younger ones trumpeted with joy. They called to one another and to their Creator, seemingly oblivious to our presence. I have never experienced anything like this. (Click here to hear an audio sample.)

This morning when I woke up, my first emotion was profound gratitude. Even though my financial worth had been decimated by the events of the last three weeks, I realized that nothing could touch the things that are most valuable to me. Experiencing the elk at dusk with people I love was a timely reminder.

I also realized that I have a choice: I can focus on what I have lost or I can focus on what I have. I started making a mental list:

  • I have my health.
  • I have a loving wife, who is also my best friend.
  • I have five wonderful daughters, two sons-in-law and (so far) two beautiful grandchildren. “I am particularly fond of each of them,” as Papa says in The Shack [affiliate link] .
  • I have several profound friendships that encourage and challenge me.
  • I have meaningful work that I would do even if I wasn’t getting paid.
  • I have incredibly competent co-workers whom I truly love and respect.
  • I have a church that grows dearer to me with each passing year. (We have been members there for 24 years.)
  • I have a relationship with God that is endlessly fascinating and fulfilling.

And the list goes on. I could name a hundred more things, but you get the idea.

My guess is that the financial crisis is going to get worse before it gets better. You and I have very little control over what happens in the external environment. But we do have control over what happens inside our hearts. It all depends on our mental focus.

Question: What do you have that Wall Street can’t touch?
Set up a self-hosted WordPress blog in 20 minutes or less by watching my step-by-step screencast. Also, get a discount on BlueHost web hosting. It is the only hosting service I personally recommend. Learn more ….

Please note: I reserve the right to delete comments that are snarky, offensive, or off-topic. If in doubt, read My Comments Policy.

  • http://www.brainleadersandlearners.com/ Ellen Weber

    Thanks Michael. Your post intrigued me for three reasons:-) First, I just finished reading "The Shack," and saw the centrality of nature to human well-being. Second, On many occasions I traveled through Jasper and Banff and saw these striking elk, although you captured the scene of a lifetime! Thirdly, we now know the power of naturalistic intelligence as it enriches the human brain. While we know the brain science – we have far fewer examples of its reality for mental well being. You provided a robust illustration here, and it's enough to inspire a walk in the park on a busy day!

  • http://www.brainleadersandlearners.com/ Ellen Weber

    Thanks Michael. Your post intrigued me for three reasons:-) First, I just finished reading “The Shack,” and saw the centrality of nature to human well-being. Second, On many occasions I traveled through Jasper and Banff and saw these striking elk, although you captured the scene of a lifetime! Thirdly, we now know the power of naturalistic intelligence as it enriches the human brain. While we know the brain science – we have far fewer examples of its reality for mental well being. You provided a robust illustration here, and it’s enough to inspire a walk in the park on a busy day!

  • http://www.maurilioamorim.com/ Maurilio Amorim

    Mike,
    Thank you for making my life richer and fuller.

  • http://www.maurilioamorim.com Maurilio Amorim

    Mike,
    Thank you for making my life richer and fuller.

  • Wow

    Like the stock market… Elks are deadly creatures when not respected. 25 yards is certainly not far enough away.

    [and yes... beautiful post, as has been re-iterated a few times already]

  • Wow

    Like the stock market… Elks are deadly creatures when not respected. 25 yards is certainly not far enough away.

    [and yes... beautiful post, as has been re-iterated a few times already]

  • http://thetuskarcave.blogspot.com/ Ben

    Mike,

    It was nice to be reminded of the good in life. Thanks for your thoughts.

  • http://thetuskarcave.blogspot.com Ben

    Mike,

    It was nice to be reminded of the good in life. Thanks for your thoughts.

  • http://louandace.blogspot.com/ Candace

    Mike,
    We kept the TV off this past weekend just for a break from all the talk of Wall Street, the elections, etc. We felt like we were on vacation in our home! Your trip to Colorado sounded wonderful! Thank you for sharing and thank you for the reminder.

  • http://louandace.blogspot.com/ Candace

    Mike,
    We kept the TV off this past weekend just for a break from all the talk of Wall Street, the elections, etc. We felt like we were on vacation in our home! Your trip to Colorado sounded wonderful! Thank you for sharing and thank you for the reminder.

  • http://www.kindredheartwriters.com/ Clella Camp

    Mike, When men who have the influence that you have can write the post I just read, then I feel proud to be a part of Christian publishing even in a small way. Thank you seems inadequate. I intend to share this post with my son who lives in Montana and shares the bugle of the elk in pictures with us. Clella Camp

  • http://www.kindredheartwriters.com Clella Camp

    Mike, When men who have the influence that you have can write the post I just read, then I feel proud to be a part of Christian publishing even in a small way. Thank you seems inadequate. I intend to share this post with my son who lives in Montana and shares the bugle of the elk in pictures with us. Clella Camp

  • http://wordproverb.blogspot.com/ Sheryl Tuttle

    Often it is the simplest things that are most grand. Thanks for a heart-warming reminder of true wealth – and that is to be in relationship with God and each other.

  • http://wordproverb.blogspot.com/ Sheryl Tuttle

    Often it is the simplest things that are most grand. Thanks for a heart-warming reminder of true wealth – and that is to be in relationship with God and each other.

  • http://summitstonesadventuremusings.blogspot.com/ DSD

    I do love what you have mused over here… The power of gratitude…
    DSD

  • http://summitstonesadventuremusings.blogspot.com/ DSD

    I do love what you have mused over here… The power of gratitude…
    DSD

  • http://www.fuelingnewbusiness.com/ Michael Gass

    Michael,

    I've been following you on Twitter after seeing your bio from among those Thom Rainer was following. I enjoyed this post. My first time to your blog. You can say that I found it on Twitter! I've been able to generate considerable traffic to my blog with this social marketing tool. Glad to know you are staying abreast of the latest communication technology.

  • http://www.fuelingnewbusiness.com Michael Gass

    Michael,

    I’ve been following you on Twitter after seeing your bio from among those Thom Rainer was following. I enjoyed this post. My first time to your blog. You can say that I found it on Twitter! I’ve been able to generate considerable traffic to my blog with this social marketing tool. Glad to know you are staying abreast of the latest communication technology.

  • http://awomansview.typepad.com/a_womans_view/ Lenore Buth

    Michael,

    You paint your perfect moment in such vivid colors that we're there–and then you give us a listen, too. Thanks, also, for pointing to the Giver of all the gifts that surround us all the time. What a reminder to open our eyes–now! When I linked back to your February post it blessed me all over again. Thanks for always being worth the read.

  • http://awomansview.typepad.com/a_womans_view/ Lenore Buth

    Michael,

    You paint your perfect moment in such vivid colors that we’re there–and then you give us a listen, too. Thanks, also, for pointing to the Giver of all the gifts that surround us all the time. What a reminder to open our eyes–now! When I linked back to your February post it blessed me all over again. Thanks for always being worth the read.

  • http://www.ericmackonline.com/ Eric Mack

    Thank you, Michael. A great reminder to count our blessings, not our problems.

    Your list fits me well.
    http://www.ericmackonline.com/ICA/blogs/emonline….

    Grace to you,

    Eric

  • http://www.ericmackonline.com Eric Mack

    Thank you, Michael. A great reminder to count our blessings, not our problems.

    Your list fits me well.

    http://www.ericmackonline.com/ICA/blogs/emonline.nsf/dx/the-wealth-wall-street-cant-touch

    Grace to you,

    Eric

  • http://www.alpinekleinbunch.blogspot.com/ Kristin Klein

    Hello there –

    So glad I stumbled upon this enlightening and inspiring website. It was your comments on how to start a blog site that brought me here, but it is your perspective on life the keeps me coming back. Thank you for the excellent commentary.

    Kristin (

  • http://www.alpinekleinbunch.blogspot.com Kristin Klein

    Hello there -

    So glad I stumbled upon this enlightening and inspiring website. It was your comments on how to start a blog site that brought me here, but it is your perspective on life the keeps me coming back. Thank you for the excellent commentary.

    Kristin (

  • http://www.razorraysworld.com/ Ray

    Simply – Jesus! All else fades in the light of his glory!

  • http://www.razorraysworld.com Ray

    Simply – Jesus! All else fades in the light of his glory!

  • http://passionsforthesoul.typepad.com/vicki Vicki Small

    I don’t know if you’ll see this, so long after you first posted it, but if you do, thank you! You echoed my own thoughts.

    I admit to having become pretty anxious, as the economy continued to tank (and I know it isn’t over, yet). But I decided I would not live in that anxiety, because God has always taken care of us and always will.

    My husband and I own a small land-survey business; we’re the only employees, and it’s been an extraordinarily successful business. Our income took a serious hit, in 2008–down about 45% from 2007–but it’s still been a very good income. Unsteady, with clients slow to pay, but still good. After year-end, I gave my husband a brief year-end report, which he used in calculating our net worth. He was sad that it had dropped so much, but I told him the dollar figures were no measure of our true worth.

    What do we have? A love neither of us has ever known before; a 20-year anniversary (tomorrow) to be celebrated by renewing our solemn vows. We are each other’s best friend and companion.

    We have a growing, transforming relationship with God. We’ve been blessed on so many levels and take seriously our responsibility–and joy!–to pass along the blessings to others.

    I won’t steal your platform any longer, but I thank you, again, for this post. May God bless us all in surprising ways, this year, and shows us more ways to bless those who need it.

  • http://passionsforthesoul.typepad.com/vicki Vicki Small

    I don't know if you'll see this, so long after you first posted it, but if you do, thank you! You echoed my own thoughts.

    I admit to having become pretty anxious, as the economy continued to tank (and I know it isn't over, yet). But I decided I would not live in that anxiety, because God has always taken care of us and always will.

    My husband and I own a small land-survey business; we're the only employees, and it's been an extraordinarily successful business. Our income took a serious hit, in 2008–down about 45% from 2007–but it's still been a very good income. Unsteady, with clients slow to pay, but still good. After year-end, I gave my husband a brief year-end report, which he used in calculating our net worth. He was sad that it had dropped so much, but I told him the dollar figures were no measure of our true worth.

    What do we have? A love neither of us has ever known before; a 20-year anniversary (tomorrow) to be celebrated by renewing our solemn vows. We are each other's best friend and companion.

    We have a growing, transforming relationship with God. We've been blessed on so many levels and take seriously our responsibility–and joy!–to pass along the blessings to others.

    I won't steal your platform any longer, but I thank you, again, for this post. May God bless us all in surprising ways, this year, and shows us more ways to bless those who need it.

  • Aleona Isakov

    This is a great post, Mike! . thanks

  • Aleona Isakov

    This is a great post, Mike! . thanks

  • http://thecircleofmoney.com/ Brian

    This is a wonderful article that reminds us that priorities are extremely important in life. Values that put PEOPLE before money, in my opinion will literally save the human race from self destruction. Pursuit of Health, Wealth and true Happiness can be acheived by getting our priorities straight when it comes to this very simple idea. At the same time I believe a healthy approach to money and the stock market can now be acheived by most of us simply by enhancing our personal knowledge about the market and taking a more proactive role in directly managing our own portfolio's rather than relying on others to do it for us.

    Brian
    The Circle of Money

  • http://thecircleofmoney.com Brian

    This is a wonderful article that reminds us that priorities are extremely important in life. Values that put PEOPLE before money, in my opinion will literally save the human race from self destruction. Pursuit of Health, Wealth and true Happiness can be acheived by getting our priorities straight when it comes to this very simple idea. At the same time I believe a healthy approach to money and the stock market can now be acheived by most of us simply by enhancing our personal knowledge about the market and taking a more proactive role in directly managing our own portfolio's rather than relying on others to do it for us.

    Brian
    The Circle of Money

  • http://intensedebate.com/people/patriciazell patriciazell

    Wealth is the power to believe that God exists, that His love is absolute, that Jesus Christ succeeded in demolishing the wall Satan built between God and the human race, that we can be born again through and be baptized with the Holy Spirit, that God can make good where evil was within each of us through the baptism of fire, and that we will overcome the kingdom of evil and death through the second coming of Jesus Christ.

  • http://intensedebate.com/people/patriciazell patriciazell

    Wealth is the power to believe that God exists, that His love is absolute, that Jesus Christ succeeded in demolishing the wall Satan built between God and the human race, that we can be born again through and be baptized with the Holy Spirit, that God can make good where evil was within each of us through the baptism of fire, and that we will overcome the kingdom of evil and death through the second coming of Jesus Christ.

  • Gabrielle Bourne

    Hi Michael,

    You said you are no Pollyanna, but I think you would prefer everyone to live in "Glad town." What a life!

    Cheers,
    Gabrielle Bourne :)

  • Gabrielle Bourne

    Hi Michael,

    You said you are no Pollyanna, but I think you would prefer everyone to live in "Glad town." What a life!

    Cheers,
    Gabrielle Bourne :)

  • Benita Teems

    Beautiful!

  • http://www.stepparentingwithgrace.com Gayla Grace

    What an awesome reminder! My husband and I were going over his last quarter report for his 401K yesterday and became so discouraged about the loss we continue to experience as we head toward retirement age. Thank you for the encouraging words.

  • http://twitter.com/NewEnglandHiker Roy Wallen

    This is just as relevent as it was over 2 years ago. Thanks for reposting this important reminder.

  • http://twitter.com/lovinglyyoursG Georgiana

    Wall Street can’t touch ~ PEOPLE ~ I’m thankful for my loving friends and family who have always been there for me through good times and bad. It’s having a positive, healthy outlook on life remembering God is in control of everything and is forever there for us!

  • Jordan Monson

    Oh man this post scared me. I didn’t know this was an old post when I was linked to it. After reading the first paragraph I went straight to the bottom to see the date. Sigh of relief!

  • http://www.medical-negligence-ireland.com/depuy-compensation-claims/ Depuy compensation

    People making DePuy compensation claims will notice that they experience inflammation around the hip area as the sub-microscopic particles released by the friction enter the bloodstream. These particles are known to cause infections, and the wearing away of the hip joint can lead to discomfort and the potential for the hip to fracture around the implant.

  • http://twitter.com/cynthiaSEL Cynthia Leighton

    gratitude…

  • http://twitter.com/jamespinnick7 James Pinnick

    Wallstreet can’t touch my relationship with God.
    It can’t touch my heart and service.
    It can’t touch my wife who is in God’s grace now.
    It can’t touch my promises and ideas.
    Finally, it can’t touch who I am and who I serve.

  • http://financialplanningapprentice.com Robinson Mertilus

    It is always good to put things in their proper perspective. You can never “lose it all” in the stock market, unless your investments are all you got. Thanks for the post.

  • http://twitter.com/KhalidJadoonmk Muhammad Khalid

    Not only Wall Street but no any other snatcher can touch the wealth you mentioned about .

  • http://twitter.com/KhalidJadoonmk Muhammad Khalid

    My first ever tweet as tribute to you as I started it after studying “Beginners Guide” by you

    • http://michaelhyatt.com Michael Hyatt

      Good for you! Welcome to the Twitterverse.

  • http://levittmike.wordpress.com levittmike

    Though we are blessed with toys, perks, homes, cars, employment, health, it’s the simple things such as a hug from your child, the sound of a daughter’s voice, a sunset that truly has value.

    Blessings!

  • Cindy G

    Your audio link doesn’t work, but I found this video…very cool! http://youtu.be/Knev7wPWC2Q

  • Eddie Casado Sr.

    Wall Street has not been able to touch my personal relationship with my heavenly Father. Nor my health and the love of my family. My two sons and my six months-old daughter that puts the smile on my face and a bounce on my walk.