If you're reading this article, you're probably a lucky person

In light of my recent post explaining that "risk management is luck management", I've been thinking a lot about what it means to be lucky.

If you're reading this article, chances are that you're incredibly lucky.

The odds of being born are infinitesimal, but here we are.

Add to this the odds of being born when we were born (with, among other things, the benefit of modern medicine and communication technology), and where we are born (in countries with developed, democratic economies that value education). 

We've won the jackpot. 

I like Kai Krause's response to the Edge.org's 2007 annual question: "What are you optimistic about?":

Countless scientists over the millennia dedicated their lives to discoveries, to solutions, to inventions and explanations. They had visions of bettering the fate of humanity, of seeking truths and finding answers, and they paid for it with enormous efforts and in many cases with their life.  Their combined body of bodies stands in front of us, in awe, and... in tears. We have achieved almost all their dreams, we have freedom in every sense like never before in history and: we are ungrateful bastards about it!
Let us just be content again. Plain happy. Period. I am calling for a New Contentism.
From that vantage point, looking at the incredible options and tools for all of us, is there reason to be optimistic for the future that we could make good use of them? You bet!

Easier said than done, perhaps. But acknowledging our good fortune is a start.

Sonnie Bailey

Sonnie is the founder and principal of Fairhaven Wealth.

Before founding Fairhaven Wealth, Sonnie worked in the legal and financial services industries for over a decade.

Sonnie first became involved with financial advice as a specialist financial services lawyer. For many years, he was an “adviser of advisers”, reviewing thousands of advice files prepared by hundreds of financial advisers, and providing feedback in relation to the quality and appropriateness of advice; industry best practice; risk management; and regulatory compliance. He has published work in industry publications and spoken at various financial advice conferences.

Sonnie has also worked with banks, investment management firms, insurers, and derivatives providers.

Sonnie has worked as a private client lawyer, focusing on succession, estate planning and trusts. He ran his own legal firm in Australia before relocating to New Zealand. He has also acted in independent trustee and company director positions.

Sonnie is passionate about helping people achieve their goals and manage the risks to which they are exposed.

He has written extensively on his blog, New Zealand Wealth and Risk, which can be found at www.wealthandrisk.nz.

Sonnie is married to his wonderful wife Chrissy, and has two young children, Ben and Anna.