5 Successful Behaviors During This Time of Social Distancing and Virtual Workplaces

Common Sense Financial Podcast

5 Successful Behaviors During This Time of Social Distancing and Virtual Workplaces

One thing I have learned over the last six months during a time of growing markets and economy to a sudden shift of social distancing and virtual workplaces due to the COVID-19 pandemic, is that people are motivated by two emotions, Fear and Greed.

I know reading this can almost seem insensitive or downright offensive but it’s the truth.

Think about it…

As a parent, business owner, friend, employee, spouse or neighbor, our emotions can lead us into making decisions that we can reflect back on after the emotion passes to realize maybe we could have done better.

I see this all the time with people when it comes to investment decisions.

When markets are good, people believe markets will go higher and they become eager to ride the markets higher.

And when markets are bad, people believe markets will go lower and can experience an onset of panic that if not managed can lead to bad decisions.

The podcasts here are historical in nature. They aired before July 1, 2022 and were previously approved by Kalos Capital. The views and statistics discussed in these shows are relevant to that time period and may not be relevant to current events. This is intended for informational and entertainment purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual’s situation. Investing involves risk, including the potential loss of principal. Any references to protection, safety or lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying abilities of the issuing carrier. Our firm is not permitted to offer and no statement made during this show shall constitute tax or legal advice. Our firm is not affiliated with or endorsed by the US Government or any governmental agency. The information and opinions contained herein provided by the third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by our firm.

Newer Posts