We all possess a fight or flight response to stress. Its origins are primal; the lives of our ancestors often depended on their ability to react logically in duress.
Stressful situations often inhibit our ability to think clearly, causing us to act out of fear rather than employing logic. Have you ever noticed how the pain of losing money often feels more significant than the success of growing money? Fear often causes us to work harder to avoid loss than to pursue gains.
The stress response to fear can cause you to make unnecessary, sometimes even detrimental, decisions about your money, and those decisions can easily impact the next 10, 30, or 50 years of your life.
So how do you manage your emotional response to volatility in order to make smart financial decisions? By establishing good investment habits now.
Smart investing means creating a custom plan designed to meet your personal financial goals, one that will continue to work for you even in stressful circumstances.
Securities offered through J.W. Cole Financial, Inc. Member FINRA/SIPC www.finra.org and www.sipc.org Advisory services offered through J.W. Cole Advisors, Inc. J.W. Cole Financial, Inc., J.W. Cole Advisors, Inc., and CandorPath Financial are unaffiliated entities. Advisors must be properly registered in the state where you live in order to conduct securities related business with you. A response to your request for information might be delayed in order to assure our compliance with this regulation. No information provided on this site is intended as a solicitation to buy or sell any security. The investments and services mentioned may not be available in every state. No security will be offered or sold to any person, in any state in which such offer, solicitation, purchase, or sale would be unlawful under securities laws of such jurisdictions.
For a copy of JWCF’s Form CRS, JWCA’s Form CRS, or JWC’s Disclosure Supplement pleaseclick here. By following the link, you consent to the receipt of the Form CRS electronically.