Oh Cr*p …
Were literally the first words I heard my wife say last Thursday morning with a concerned look on her face
She opened the news and saw big bold headlines about the plunging stock market and it scared her
"Oh don’t worry, everything is fine, this is normal" - I responded
She didn’t seem satisfied ...
So I followed up with - "Didn’t you watch James’ video a few days ago? He said this would probably happen soon"
(Side Note: James is our portfolio manager and sends out bi-weekly market update videos to our client community)
She hadn’t seen the video and didn’t know what I was talking about
I explained what was happening and she went from concerned to optimistic that this may be an opportunity :-)
Seeing a sudden 180-degree shift in her perspective reminded me that ...
Some of our Biggest Upsets happen when our Expectations are out of alignment with Reality!
Think about it….
We constantly set expectations (even about things we have no control over)
- We wake up every morning expecting to have a certain kind of day …
- We expect people to act in a certain way ... at home … at work … in their cars
- We expect to reach certain milestones in life .... at certain times … in certain ways
And we get pretty upset when things don’t work out as we had planned or expected
Which is why it's so important to check in with ourselves and recalibrate our expectations when things go sideways (as some inevitably do)
Because it's just as easy to be upset, stressed and p*ssed off… as being aware, calm and retrospective!
And as with most things in life, there are only two sides to every coin
...the side we see, is up to our own perspective!
Thanks for reading
PS….if you’re worried about the market click HERE to watch the video James recorded on Feb 19th that I referenced above
PPS...we publish regular market videos like these to our membership site - if you’d like to get them, just reply to this email