This is your Brain during a Market Crash

This is your Brain during a Market Crash

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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Greg Zott is an investment adviser representative of, and securities and advisory services are offered through, USA Financial Securities Corp., Member FINRA/SIPC. www.finra.org A Registered Investment Adviser located at 6020 E. Fulton St., Ada, MI 49301. GNZ Financial Services is not affiliated with USA Financial Securities.

Greg Zott is authorized to transact securities related business and investment advisory services only in states where he is properly registered. For investment products and services these states include: AZ; FL; MI. For investment advisory services these states include: AZ; FL; MI; WA. Additionally, clients who are not residents of these states cannot be serviced. This website is not intended to provide investment, legal, or tax advice, nor to effect securities transactions or to render personal advice for compensation.

 

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