Skip to main content

Volatility


We humans are interesting creatures; if we aren’t careful with what we put into our brains, we can really let our actions get out of hand (and this will be the subject of another post, because it’s powerful). As you have probably noticed, things are a little crazy right now–there are some things going on right now in society that are making the hair on the back of my neck stand up. And when a large percentage of mankind appears unstable, the stock market follows.

According to Google, this is the definition of the adjective volatile: liable to change rapidly and unpredictably, especially for the worse. Those of us that have monies in the stock market might be a little freaked out right now, and understandably so. Emotions are definitely running high on many levels. So I’m going to remind you to take a deep breath and let things ride on this crazy amusement park ride. Like my friend, Dave Ramsey, says, the only ones who get hurt on a roller coaster are those who jump off in the middle.

While some panic during the ups and downs of the NYSE, others take advantage of the potential to grow their investments and they put more money into the stock market while it’s down. If you are in a place to invest and have the means to do so without causing undue hardship on your financial situation, you might want to talk to your investment professional. It could be a thrilling ride!

Comments

Post a Comment

Popular posts from this blog

It Happens Like That

And, in what seems like the blink of an eye, Memorial Day is over, school is out (or almost out), and my favorite time of the year is here! I love summer. I love it when the sun comes up early and wakes me. I love flip flops and shorts. I like to be warm (ok, not HOT, but warm). This is when I thrive. And I think it’s an excellent time to take a vacation or road trip. That being said, I plan a long time in advance for a vacation because I won’t finance one–and I’ve taken some pretty amazing vacations! I don’t usually just take off on last-minute road trips, either, but I’m learning to be more flexible in my old age. So I have done that on occasion, too.  Now, this blog post isn’t about the last-minute drives I’ve engaged, cruises I’ve embarked, or the countries I’ve explored (being a debt-free, self-employed, budget-loving, young, empty-nester has its perks!). This post is about getting you to a point where you, too, can take vacations without stressing about paying for it late...
Post a Comment
Read more

Know Your Limits

When I was 17, I drove a 73 Nova. It used to be really easy to do things like changing taillights myself. That is no longer the case. If I tried that on my later-model vehicle (which is more like a computer than a car), I’d do more damage than good, because there are some thing you should just not do yourself. It will cost you more in the long run. That being said, there are probably some things that you usually pay someone else to do that are not getting done right now. My advice is to just be patient; depending on what it is and your skill level, it might end up costing you more to fix your mistakes. Let’s discuss some of those… Obviously, most if not all car repairs are just better done by a licensed, trained professional, including oil changes. They can also correctly dispose of used petroleum products. Depending on your tax filing status, a professional can help you avoid overpaying the IRS. I remember cutting my daughter’s hair when she was little, and I made a me...
Post a Comment
Read more

The One Nobody Wants to Talk About

A young, twenty-something wife and mother of three in my neighborhood lost her husband unexpectedly a few years ago. He died with no life insurance. It left the family financially devastated . She had to sell her house and move into her parent’s basement. A Go Fund Me account paid for her husband’s funeral. I have another friend who lost her husband to a horrible illness when they were in their early forties. This couple had planned ahead and made sure they had the right amounts of the right kinds of insurance in place, including life insurance on the major breadwinner of the family–my friend’s husband. A year or so after he passed, I asked her how she was doing financially. She said her husband had taken care of her financially in death just as well as he had in life. Life insurance is crucial for a specific portion of your life. Do not overlook this. There is more to losing a family member than the overwhelming grief of the loss itself. No one needs financial hardship heape...
Post a Comment
Read more