Let’s address the elephant in the room.
The world is all topsy-turvy right now, and you may feel like you’re on an emotional rollercoaster.
It’s understandable you’d feel anxious. But here’s what not to do:
Trying to Make the Anxiety Go Away
Emotions such as fear and anxiety are wired-in responses of your brain. The old “fight or flight” response when we feel threatened. In other words, we’re stuck with it.
Looking for Reassurance
Sometimes you may look to someone else to reassure you. The problem is that most of the things you get anxious about are threats that you can’t completely eliminate.
Obsessing and Worrying
While some analysis is helpful, one could indulge in it too much, which can lead to repetitive and more negative thoughts. When you obsess, you begin to doubt and second-guess yourself.
Avoiding
When you get anxious, your body’s “fight or flight” response makes you want to run away or escape. However, running away makes it more difficult to face things the next time.
So what can you do?
Acceptance.
The most important thing you can do is respond in the opposite way of how you’d prefer to react. Accept the anxiety. You can’t make it go away, and avoidance only makes things worse.
But there is another option if you’re feeling anxious about the economy.
At Money & Clarity, we excel at talking about global financial ups and downs. It’s our passion to observe the market and how it can affect you. Although we can’t solve every worldly woe, we can certainly help you understand the bigger picture so you can make the best decision for your retirement.
Why not give us a call at 513-563-PLAN (7526) or book online, while you’re thinking about it? And get off that anxiety rollercoaster, at least while you’re having a cup of coffee with us.
Call today.
In tomorrow’s blog, I’ll give you some stress-relief tips. Don’t miss it!
Regards,
Nikki Earley, CFP® & Dan Cuprill, CFP®
PS: To learn the steps you can take to protect and even capitalize on recent investment volatility in light of COVID-19, check out my webinar.
