In times of sudden market downturns, and in this new COVID-19 economy, I am reminded of Rudyard Kipling’s advice to “keep your head when all about you are losing theirs.” I do this by focusing on each client’s individual investment strategy, not the noise. For instance, I may counsel a 40-year-old client with a 25-year […]
This is a Time for Fundamentals; Not Fear
Financial Planning, Retirement PlanningEmotions can aid our basic survival. They can motivate us to take action, encourage us to avoid danger and provide us with the empathy necessary to create relationships. Regarding financial markets though, emotions most certainly do not help and yet the markets move with the mass’ emotional responses. Driven by two primary emotions: fear and greed; […]
Are You Making Excuses For Not Speaking With A Financial Advisor?
Financial PlanningMia A. McFadden, CFP® When I tell people I am a financial planner I can feel their anxiety. You would have thought I had put them under a hot lamp and started demanding they remunerate all their financial shortcomings. Meanwhile I’m just making chit chat at the local neighborhood BBQ. Yet a lot of people […]