Broker Check

This is your Brain during a Market Crash

March 24, 2020
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As we go through these turbulent times, I found this article in the Wall Street Journal that seems incredibly poignant.


https://www.wsj.com/articles/this-is-your-brain-on-a-crashing-stock-market-11584615601?shareToken=stb34cf55b30a441ff8a648f3e41dd4a38


As we struggle to overcome our emotions concerning our investments, take note how our minds are shaped by the crisis at hand and can lead to irrational thinking.


As we always point out at GNZ Financial, "Plan first, Invest second." This is a time when that thought process is more important than ever. Emotions can be harmful to our portfolios and we need to guard against them.


Have courage, this too shall pass. We will continue to update you with timely and thoughtful information in the weeks to come. Please note due to the in-home work order by the Governor, the GNZ Financial office is closed. We are working remotely to serve your needs in the weeks ahead. You may contact us at the usual office number--248-519-2222 or my cell phone 586-243-4818 if you need assistance. Be safe.


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