Lost A Great Deal of Your Investments? Here is the Most Important Thing to Do
With today´s fluctuating financial markets, many Americans have already lost big portions of their savings in a single day of trading. Among those hardest hit are the elderly.
"There's a terrified older population out there," said Alicia Munnell, director of the Center for Retirement Research at Boston College in the International Herald Tribune. "If you're 45 and the market goes down, it bothers you, but it comes back. But if you're retired or about to retire, you might have to sell your assets before they have a chance to recover. And people don't have the luxury of being in bonds because they don't yield enough for how long we live."
Many people, no matter their age, are upset that their financial portfolios and 401Ks are going way down. You may even be tempted to change your investment strategy as a result -- but doing so out of panic, fear or worry is usually not a good idea.
"There is a great expression in investing: the ´little bulls and the bears make money and the pigs get slaughtered,´" says Hale Dwoskin, CEO and Director of Training at Sedona Training Associates. "Many of us, when it comes to investment decisions, are reacting emotionally to either what we'd like to be happening or out of fear of loss, or fear of the overall economic conditions."
Most financial experts will tell you that you should not change your financial strategy based on market fluctuations. If you felt good about it before, you should feel good about it now. The trouble is that our emotions often get the better of us, causing to make rash, and often unprofitable, decisions.
"If you are reacting either from lust or fear, this is when you´ll tend to make financial mistakes," Dwoskin says.
That said, the MOST important thing you can do to secure your financial future is learn how to take control of your emotions. This is why The Sedona Method, which shows you how to release feelings of fear, anxiety and lust, is a key investment tool during these challenging financial times. As you learn to release using The Sedona Method your mind will become clear and focused, and will direct you naturally to the right financial decisions for you.
"If you allow yourself to release the emotions that arise as you prepare to make investment decisions you will find that you more easily tap your clear reasoning and intuitive knowing," Dwoskin says. "This will result in better investment decisions every time."
To get an idea of what we mean, if your finances have you concerned in any way please listen to this Free Sedona Method Financial Stress Release audio download, and pass it along to your friends and family who also want to dissolve their financial stress for good.
For more information on the life-changing Sedona Method, please visit us at www.sedona.com

