Inertia. It’s a mighty foe. You can beat it back, but it’s not easy. You can always find reasons for not investing. Here are a few just from the last couple of weeks.
“I’m not going to do anything until the election is over.”
“I’m not going to do anything until after the holidays.”
“I’m not going to do anything until the new year.”
“I’m not going to do anything until after the inauguration.”
There is always a reason not to do something. And the reason why is because you’re dealing with your money. Is there a more emotional endeavor?
Investing the way you want to takes time. It takes patience to let your plan develop. Long-term investing is about making adjustments that are right for you. But you have to get moving and put your money to work to make all that happen. Easy to say. Hard to do.
Action Line: When you work with a fiduciary, your interests always come first. An advisor who is a fiduciary can help by taking a non-emotional approach to your money. There is always a reason to sit back and wait. When you’re ready to act, email me at ejsmith@yoursurvivalguy.com. In the meantime, click here to subscribe to my free monthly Survive & Thrive letter.
