Creating Purpose and Living A Fulfilling Life With Doctor Jordan Grumet

In partnership with

65% of All S&P Returns Since 2022 Have Come From 42 Stocks. Now What?

JPMorgan's Michael Cembalest published the data. 65% of S&P returns since 2022 came from 42 AI-linked companies. If you're in an index fund, you're not exactly diversified - that data suggests you're concentrated in a small basket of tech stocks.

Morgan Stanley's Lisa Shalett flagged another potential problem: stocks and bonds are moving together recently. The 60/40 hedge isn't working the way it used to. Her fix? Up to 25% in alternatives.

It wasn’t mentioned directly by Shalett, but one alternative has shown near-zero correlation to the S&P since 1995. Different market. Different buyers. Different timing.

Masterworks lets you fractionally invest in shares of blue-chip works by Banksy, Basquiat, Picasso. 525+ works offered. 29 exits. $68M+ distributed back, including amount invested. Net annualized returns like 16.5%, 17.6%, and 17.8%, not including those unsold.

Looking to diversify your portfolio?

👉Click here to skip the waitlist

^{Investing involves risk. Past performance is not indicative of future returns. See important disclosures at masterworks.com/cd.}

I had the pleasure of talking with Dr. Jordan Grumet, or who we sometimes call Doc G, author of the new book The Purpose Code. In it, Doc G shifts our focus from chasing massive, often overwhelming goals to finding the everyday actions and personal passions that spark genuine joy and build lasting fulfillment.

In our discussion, we dive into how generational trauma, money scripts, and negative patterns can obscure our sense of purpose—and more importantly, how we can break free of those negative patterns. He also shares strategies like life reviews and experimenting with new activities to discover your unique path.

My Own Purpose and Path

When I left my 9-5 in February of 2024 year, I thought my purpose was to build my nonprofit and make a bigger impact. I wanted to continue to educate and help people with personal finance and inspire them to live life on purpose. I wanted to bring joy to myself and others through music by sharing and playing guitar in musical projects.

It has been challenging. I had always been wrapped up in what Doc G calls “Big P” purpose. These giant and often overwhelming goals. In order to reach success I needed these huge, honestly, unreachable goals. That made me discouraged and frustrated.

I thought I needed to raise thousands and thousands of dollars, get awarded these gigantic grants or help dozens of families with the nonprofit. Or, I needed thousands or tens of thousands of followers and subscribers for Heavy Metal Money to mean something. If I’m going to create music, I had to get the best gear and record the best tracks and I lost track of just finding joy in the act of doing the thing. Just play guitar for the joy of playing guitar.

Thanks to reading The Purpose Code, Doc G helped me discover what he calls purpose anchors. From these anchors, I was able start to build a path to create my purpose. I feel over time, I’ll be able to experience fulfillment in playing music, helping those that need help with the nonprofit work, as well as writing and sharing personal finance content with those that are interested and looking for guidance.

Listen to This Episode:

Watch This Episode

Other Stories

Thanks again for following along! Keep those Horns Up, my friend 🤘 🤘 And please share this newsletter with those you think would find value!