Inaction breeds doubt and fear

By September 5, 2015 Blog

Dale Carnegie once said: “Inaction breeds doubt and fear.  Action breeds confidence and courage.  If you want to conquer fear, do not sit home and think about it.  Go out and get busy.”

Those words have been on my mind lately because of what has been going on in the markets.  As you probably know, there has been a lot of volatility in recent weeks.  Many investors are worried about what the future has in store, and what all this volatility means for their hard-earned retirement savings.

My response: why sit around and worry when you can actually do something?
True, no one can control what the markets do, but we can control how we react to them.  By reviewing your portfolio and analyzing how vulnerable you are to risk, we can determine whether any action needs to be taken.  We can determine:

  • Whether it’s time to focus on preserving your money over growing your money.
  • If you currently own investments that are too risky and/or volatile for your level of risk     tolerance and financial goals.
  • How the recent volatility may be affecting you and what we can do about it.

It’s never pleasant to watch as the markets resemble a rollercoaster ride.  But the worst thing we can do is just sit there and worry about it.  Remember, “Inaction breeds doubt and fear.  Action breeds confidence and courage.”  If you are concerned about market volatility, take action.  Give me a call at 212-489-8443 and let’s review your options.

Even if you decide not to make any changes, you’ll find comfort in simply doing something.

Don’t just sit at home and think.  It’s time to take action. I look forward to hearing from you!

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