With all the market volatility and chaos around the Covid 19 outbreak, people are wondering how this volatility is going to affect them.
This volatility brings with it a ton of emotion, which is understandable, but making emotional decisions with your future can have devastating effects.
Cogent Strategic Wealth wants to bring some clarity to you today by explaining what is going on and give you some tips on how you can not only survive this crisis, but thrive through it. When looking back at similar downturns, you will see what happens on the other side of most market corrections.
Life is uncertain. The markets are even more precarious.
Even though emotions are running high, you don’t want to make knee jerk reactions with your wealth. Cogent is here to tell you that what you are experiencing is a normal part of how our economy works and is part of investing.
We don’t know when or how, but the markets are going to correct themselves and based on the evidence, is bound to return in strength.
Now is the time to work with a fee-only, independent fiduciary financial advisor and stick with a plan that will see you through to the other side.
If you are unsure if your plan works for you, we are offering a free portfolio double check, so you can have the confidence to know what you need to do with your plan.
Check out our Education Center Blog HERE, where you can find valuable information on personal finance topics to help you manage many decisions in your life with a dollar sign, including the 20 Steps to Take Now to Prepare for a Recession.
STOP WORRYING ABOUT THE FUTURE.
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