Why is it so much easier to be negative?
- SF during the Dotcom bubble (2001
- NYC during the Great Financial Crisis bubble (2008)
- Houston during the oil bubble (2014)
and working during 3 major bubbles was terrifying.
By the time the 3rd bubble busted, I hated the stock market and I hated investing.
I became negative, anxious, had sleepless nights, and was stressed.
The headlines are scary right now.
Recession, inflation, higher interest rates.
Why is it so easy for us to focus on the negatives instead of the positives?
Mother Nature would rather have us perceive something as more dangerous than it is so we react promptly.
During Caveman times, those who had a successful hunt came back with food for their families and who didn't get munched. Negative events weigh close to three times more than positive events according to an article "Why it is so easy to be negative," in the Huff Post by Renee Jain.
So how can we topple this negativity bias?
Savor the good stuff: This is the first time worries about the economy haven’t impacted the job market for talent and businesses!!
Gratitude: I’m not saying this market doesn’t stress me out - it does!
But I'm grateful for the wealth the stock market has created for me, regardless of the bubbles.
Don't let the media get us too negative.
Focus on what you can control.
- We can always choose to learn and grow.
- We can choose our investment positioning.
- We can address people’s concerns and anxiety and tell them to focus on what they can do today so that it will pay off in the future.
I’m focused on growing by attending Women Presidents Organization’s 2022 conference to learn, grow and make new connections!!
As much as I hate being away from my family, it was important for me to learn how to better address women's biggest financial concerns and needs by attending this conference. If you or a loved one is going through a tough transition, please think of me and make an introduction.
Your Friendly Wealth Engagement Guide,
Wealth Engagement LLC
3715 Northside Pkwy NW
Building 100 - Suite 500
Atlanta, GA 30327
Office: (404) 795 - 6124 / (917) 826 - 5955