“How easily do you bounce back from a disappointment? What is your reaction to change? As an investor, or a board member or an employee, are you seeking stability or impact?
“Resilience is a skill, one that’s probably more valuable than most.”
~ Excerpt from blog post by Set Godin, “Resilience, ” January 13, 2016
I can write about market forecasts, long term trends and all of those things, but when it comes down to it, Seth Godin’s message is critically important.
To be a successful investor, you need to be resilient. Do you have this?
Being resilient means that you can overcome and bounce back after something bad has occurred. Resiliency means that you have the capacity to handle adversity, then recover, move forward and be more successful in the future.
Many times during the market downturn of 2008-2009, clients found that talking with us was helpful. These conversations made them more resilient. And in the long run, this helped them to be more successful.
If you want to talk about what is going on in the world, or how it impacts you personally, please call us. That’s why we are here.
For more specific thoughts on recent stock market activity, please read our blog post “Our perspective on 2016, week 1,” dated January 8, 2016.
For a broader view, please read “Our most important advice, “ dated December 23, 2015.