
Itโs been quite the week, wouldnโt you say? Speculators (I will not call them investors) are wondering whatโs happening to their money, staring at their screens, thinking, โHow could this happen to me?โ
When they call their broker (not a fiduciary), they ask questions like โBob, how are we doing?โ
โWe?โ
I spit out my coffee when I hear, โHow are we doing?โ Since when did this become โwe?โ, poor Bob wonders.
All is good when stocks go up, but when they go down? Someoneโs to blame, right?
When I walk into my office on a tree-lined street, not a passerby knows what goes on inside. Itโs nice. Itโs nice walking into a quiet office where one can concentrate and not be interrupted by the fire hydrant of information distracting everyone else all day long.
My phone doesnโt ring unless a customer is calling me back. We smile at the chaos others are dealing with. We set our course months or years before and arenโt jumping in and out of positions. We developed a plan thatโs right for youโnot anyone else.
Action Line: Big price moves (opinions) are part of investing. If you arenโt comfortable, then letโs talk. Iโm serious. Your peace of mind and comfort are worth too much.
Originally posted on Your Survival Guy.