Broker Check

This is your Brain during a Market Crash

March 24, 2020

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.


Link Disclosure: The information being provided is strictly as a courtesy. When you link to any of the websites provided here, you are leaving this website. We make no representation as to the completeness or accuracy of information provided at these websites. Nor is the company liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, websites, information and programs made available through this website. When you access one of these websites, you are leaving our website and assume total responsibility and risk for your use of the websites you are linking to.