| Many of us are facing challenging times due to the | | | | of your investments. Can market opportunities |
| recession. A recession is a decline in the Gross | | | | overshadow risk for you? This will avoid the shock of |
| Domestic Product (GDP) for two or more | | | | a failed investment. Know the risk and make sure |
| consecutive quarters. It usually is associated with high | | | | that you can stomach losing money. If not, then stay |
| unemployment, slow consumer spending, and a | | | | away. |
| depressed stock market. But you can keep your | | | | 4. Sit tight. Now is not the time to make risky career |
| head above water with these five tips: | | | | moves. Keep your job by staying in tune with the |
| 1. Think past frustration, fear and/ or anger and get | | | | needs of the company and be flexible. Reconnect |
| educated about possibilities. Your greatest worry in | | | | with past business colleagues and keep up your |
| the unknown. Focus on what you can do and figure | | | | networking. |
| out when you should do it. Make it something you do | | | | 5. Focus on you and your family's goals and plan your |
| regularly. For example, at the end of every quarter, I | | | | investment strategies to meet those objectives. |
| review my brokerage statement. It gives me peace | | | | The key to success is a clear understanding of your |
| of mind throughout the rest of the year, that I am | | | | needs, knowing what to expect, and being prepared. |
| on track for my financial goals. | | | | You need to where you stand and what you can do |
| 2. Time to look at all the options. Rarely is a situation | | | | now and into the future. A strategy conversation |
| so black and white that workable options don't exist. | | | | with a Wealth Coach is an opportunity to understand |
| Shop around for the best investment that you can | | | | your concerns and help you move forward from |
| afford and understand and works well for what you | | | | where you are to where you want to be even |
| want to accomplish. | | | | during a recession. Get one now to insure your |
| 3. Review risk tolerance and plan for the next phase | | | | financial success. |