FINANCIAL CONCEPTS BLOG

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HEADLINES! HEADLINES! HEADLINES!

Or As Chicken Little Cried , “The Sky is Falling! The Sky is Falling!”

The headlines are terrible. They seem worse than they ever could be or ever have been! The world is going to “you know where” in a handbasket. Things couldn’t get much worse.  Or, they are going to get much worse week after next. (As the media would have us believe.)

But we are pretty sure if you all looked around at your family, your life, your work, your conveniences, you’d say in many ways things are better than we ever could have imagined!

In our opinion, the market has skyrocketed since October and has been looking for a reason to let off steam. And wouldn’t you know it? There are plenty of “reasons.”

The election…If he wins, life as we know it, is over. If she is nominated, life as we know it, is over. Whoever lives in power in Washington, D.C. runs the world and the other guy’s candidate is the Dark Force. Warren Buffett, the wisest investor the world has ever known, will tell you it doesn’t matter who lives in D.C. But what matters most is what consumers in Mississippi, Kansas, Paris, Mumbai, Rio and Moscow are doing! We wholeheartedly agree!

Health tragedies…Are sad realities for too many humans. But should we all stay inside?The headlines have us believing the Wuhan coronavirus is the next plague. Ebola was the last one. Before that, we had the swine flu. Before that, we had the bird flu. Before that, SARS. And remember the days when the world was collectively stockpiling antibiotics because of white powder mailed around the country? (We all have relatives that suffered terribly from illnesses or surgeries that, way back when, would have rivaled the plague! But think of the health advances that have improved the quality of life beyond measure.)

Does it feel really bad to you?  Does it feel like everything is terrible and nothing is going right? Then it might be time to turn off the television or at least change the channels. It’s human nature to feel this way with this kind of noise.

Our advice is to focus on what you can control and what you can do. Focus on who you can help and how. Focus on your family and your plans. And Pray. We are all going to be okay!

If you walk outside, and it feels like something other than the nonstop rain has dropped on your head, call us. We are here to help you understand what truly matters to your plan.

Time In the Markets is More Important than Timing
All in the Family....YOURS and OURS
 

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