The media is having an impact. I have received many emotional messages from people worried about all the “change” coming at us. It’s politically charged and not a good investment management tool. Keep emotions in check and control what you can.
Control Emotional Investing
I’m a control freak. When the media bombards us with data (not all useful) and emotionally charges us up, it’s time to take a step back and control what we can (based on what we know). Here are a couple of things to help get us through the election cycle.
The change following an election is seldom as fast and furious as we are led to believe. You have time to formulate a wise investment strategy after the drama.
Asset allocation is a process in which we look at available investment options from around the globe, relative value of each and their tax consequences so we can match them up to your specific needs and risk tolerance. This process will go on regardless of election results. Solutions exist.
Calm down, stay in control, work with your investment advisor (like me) and we can probably survive the fourth quarter. I’m actually feeling good about it (I don’t watch opinion news).
Until next week,
Susan R. Linkous
P.S. I want to remind you that, although Asset Allocaton is a reasonable option for many investors, nothing protects against loss or guarantees success. Thanks.