Financial Security in Uncharted Waters
March 4, 2009 by Lynn, Clarity Coach
Filed under Money and Meaning
Take Heart. Seasons Change. Bears Hibernate. The Tide Will Come In.
Bears Eventually Hibernate
It’s the nature of the beast. Change is inevitable. How do you achieve financial security in uncharted waters?
If you haven’t done so yet, it is vital you protect yourself and conserve cash now, so when the true buying opportunities present themselves (and they will), you’ll be ready, with cash to invest. Unlike the masses, you can profit from this beastly decline.
Take advantage of upticks in the market to sell investments. Don’t mistake them for a new bull market. Not yet. ***
The ebb and flow of the ocean tide provides powerful life lessons. I’ve just returned from spending time at Cape Canaveral, walking and biking the beach each day, quieting the soul to open myself to the life lessons I would discover.
Ocean tides are predictable; just like clockwork they naturally and alternatively rise and fall. But the choppiness of the waters, height of the waves and color of the ocean change unpredictably each day. Some days the wind creates whitecaps even within a sheltered bay. Other times the ocean itself is calm and flat waters prevail.
But the tides?
Predictable. Expected. Unavoidable.
Ocean Tides Ebb and Flow
Understand the tides of investing are similar. Don’t fight reality nor bury your head in the sand. Neither will help your situation. When times are prosperous and the market is rising, no one thinks those times will ever end.
When the market is in a downward spiral, there also doesn’t appear to be an end in sight. Neither belief is true.
Contrarian wisdom wins every time. It is time to prepare for the next wave. Think about this …
