Every morning during the summer, my email inbox was filled with negative headlines.
Inflation, War, Lockdowns in China, stagflation, and lost baggage. Not my lost baggage but other people’s lost bags.
I was full of anxiety and emotion.
Anxiety is the fear of the unknown.
Is the tiger going to jump out of the bush and eat me?
No, of course not, but unfortunately, our brains are trained to expect the worse.
- The Fed is going to kill the economy.
- The War is creating an energy and food crisis.
- Inflation is causing consumers so much stress.
So the afternoon of my birthday party a few weeks ago (photo), my Aunt Joanne and I went for a walk in New Canaan.
She could sense I was unhappy.
She told me, you can’t just work and take care of kids; you need hobbies.
I told her I don’t have any hobbies.
After our walk, I went to my dad’s porch and listened to my Calm app.
Jay Shetty talked about following your passion, be aware and notice how it feels to make time for yourself.
So I go to my PC and write a speech for my birthday party.
My passion now that I'm 50 today is to write my weekly blogs about
- lessons I’ve learned,
- views on the stock market, and
- sharing my journey of financial well-being even if it means sharing how anxious I was this summer.
- Writing allows me to figure out what the heck is going on with this stock market and economy.
- Writing allows me to focus on what could go right instead of everyone else focusing on what is going wrong.
- Writing helps me focus on the fundamentals:
The Market believed the Fed was going to win its fight with inflation, so it sold (dumped) oil futures and bought 10-year treasuries, pushing yields down, which is all good, right?
And people with jobs spend money.
So what did I do in June/July? I invested some of my client's portfolios that were in cash and focused on the future. It was scary, but it worked out well.
Today, I am 50 years old.
So here’s my 50, I mean, 2 cents ;-)
As we age, we do what we love. I don’t love being on this emotional roller coaster, but I can focus on strengthening my mindset, analysis, and the future.
The Art and Science of investing.
It's not like a bear is going to jump out of the woods and eat me.
Focus on the fundamentals and be grateful to have so many friends, family and awesome clients who trust me.
I HAVE CHANGED THE DATE
Please email me if you are interested in attending an Investor Education event
and so you can learn how to invest today for a better tomorrow.
When? Tuesday evening, August 30th (with wine, of course). (NOT 23rd)
RSVP at Email: email@example.com
And I will email you more details about the upcoming event.
Please invite a friend!
I would love to see you in person!!!
Your Friendly Wealth Engagement Guide,
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