Well, it’s November 9, 2016. Post-Election Day.
Whether you voted for Hillary Clinton, Donald Trump, a third-party candidate, or wrote in a candidate like Santa Claus a la my three year old daughter, it looks like Donald Trump is going to be our president for the next four years.
What does that mean for you an American investor? Someone who has big goals? Right now, nobody really knows. There have always been times of turmoil and uncertainty. And yes, sometimes the market will dip. But as I shared on social media, the only thing you can control is yourself.
You can control your financial plan and whether you stick with it or not.
You can control how much you’re saving for those big and little financial goals.
You can control your spending and whether you’re getting in or out of debt.
You can control your investment choices and how much risk you want to take.
You can control whether you stick with a traditional employer or start your own business.
If you don’t like the results of yesterday’s election, you can control who you vote for over the next for years for state and local offices.
Are you a little overwhelmed by everything? That’s OK. That’s why I’m here.
As your trusted advisor, I want to give you a sense of comfort. Let’s work through those scary thoughts. Let’s capitalize on the things you can control and try to minimize the things you can’t.
As Carl Richards of Behavior Gap illustrates, an advisor stands between you and a big financial mistake. “We all get greedy when everyone else is greedy and fearful when everyone else is fearful,” Richards said. “And there’s good reasons for it. That type of behavior has kept us alive as a species but it’s terrible for us as investors.”
Nobody knows how the tax laws or economy will change, but we can work together to plan for what we do know and makes some educated assumptions (guesses, really) about how the future will look. When things (yes, including your goals) change, we’ll just adjust your strategy. I’m here to help you make decisions when your guess is wrong.
If you want to talk about your anxieties,
If you want to take control of your financial situation,
If you want to start planning for a brighter future, I’d love to talk with you.
Let’s hop on the phone for 30 minutes to get acquainted. We’ll talk about your most pressing financial question and then we’ll discuss ways we can work together:
Hang in there. Trump is only president for the next four years. When it comes to your strategy for financial independence and retirement, you probably have 20 or 30 years to make adjustments.
And if there are dips in the market, think of them as an opportunity to pick up some investments “on sale.”