Thought of the Day

| October 25, 2018
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On the heels of this continued volatility (not going away anytime soon), I want you to take a step back, take a deep breathe and start to learn about your true risk tolerance.

You will likely be more fearful when your investments are falling and more greedy when they’re surging than you anticipate.

And most of us won’t believe it until it actually happens. It is much different in real time then when you see it on paper!

How did you feel yesterday when you saw the markets down over 3%?

Was it regret, fear, complacency or excitement for buying opportunities?

You can’t go back in time and make changes to your portfolio. All you can do is be here, now and focus on developing a game plan for what is next.

Learn from the past, then file it to improve your outcomes going forward: External Stimulus (Markets Falling) + Your Reactions (Actions) = Optimal Outcome.

You Control Your Reactions.

So, how did you react?

 

Stay Tuned, Disciplined & Patient! {TJM}

The Investor & Character Equation (ICE) | S + R = O

 

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