Investing in Stocks is like gambling, according to many investors. A volatile market is indeed inevitable and investors are losing money including their hopes and focus. During volatile times in the market, this wonderful investment advice from CNBC might help relieve and control your anxiety:
While I can’t give you any investment advice or help you ignore the current market conditions, I can teach you how to manage stress so that “volatile” describes the market and not your mindset.
Emotions can help influence decision-making, but when it comes to considering investment decisions in a volatile market, getting stressed out may point your investments in the wrong direction.
The high level of stress in today’s financial market is not only threatening retirement accounts and portfolios, it’s depleting an investor’s greatest resource: brain power.
The signs of the strain on your brain are sleeplessness, increased conflict, decreased energy, memory struggles, difficulty focusing and/or increased use of food, alcohol or drugs to reduce anxiety. Any of these symptoms mean you will be less able to make your best personal and professional decisions.
Let’s get very real for a minute. Unless you already have yoga, exercise, meditation or a “work/life balance” in practice, it can feel overwhelming to think about adding something new into your day if you are feeling stressed right now. With that said, here are five “don’ts” that might surprise you and that will also help you discover some easier “dos” for stress-management.
Don’t strive for work/life balance. That’s right. Work/life balance is typically defined in such a way that trying to maintain it creates more stress through shame and guilt. My approach to work/life balance is the same as with evaluating weight loss. Just as you will likely be frustrated if you step on the scale every day, don’t look at how you balance work and home life or extracurricular activities on a daily basis. Rather, look at a whole week or even month to gauge how you are doing with either.
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