{"id":6259,"date":"2015-07-29T07:51:19","date_gmt":"2015-07-29T14:51:19","guid":{"rendered":"http:\/\/blog.paladinregistry.com\/?p=6259"},"modified":"2015-07-29T07:51:19","modified_gmt":"2015-07-29T14:51:19","slug":"financial-plan-can-reduce-worrying","status":"publish","type":"post","link":"https:\/\/www.paladinregistry.com\/blog\/advisors\/financial-plan-can-reduce-worrying\/","title":{"rendered":"A Financial Plan Can Reduce Your Worrying"},"content":{"rendered":"

The events that recently unfolded over in Greece is what inspired this month\u2019s article.\u00a0 Often, the financial media sensationalizes stories that really have little to do with most individual\u2019s investments\/financial plans<\/a><\/span><\/strong>.\u00a0 It\u2019s really more about them needing to generate buzz for advertising dollars (need people to tune in\/read to see why the sky is supposedly falling AGAIN) than it is about what\u2019s important for most people\u2019s investment situations.<\/p>\n

So we shouldn\u2019t worry<\/strong>, you say?\u00a0 Worrying<\/strong> about these supposedly bad financial events is usually not needed.\u00a0 Those worries are usually best saved for very difficult markets that stay down for an extended period of time (and even then, no one can be exactly sure of how long or when a bear market can rear its ugly head – or all of a sudden stop and reverse course).\u00a0 If you have a financial plan in place that\u2019s reviewed on a regular basis, your investments are helping you to meet these financial goals, and your financial advisor is giving you the appropriate guidance on these financial \u201ccrises\u201d, there\u2019s no need to overreact to the latest news of the day.<\/p>\n

I know that seems hard to believe, but sometimes we need to sift through all of the media \u201cnoise\u201d when it comes to investing and see how it really affects our specific situation.\u00a0 Since very few people probably have any significant exposure to Greece in their portfolios<\/a><\/span><\/strong>, I would think the latest crisis is pretty much a blip on the radar that we\u2019ll all soon forget about.\u00a0 That is \u2013 of course \u2013 until the next big financial \u201ccrisis\u201d hits and we are all told to start panicking again.<\/p>\n

A good tip for those who get nervous when they hear these stories:\u00a0 take a deep breath, think about what the source of the news is and what they\u2019re trying to achieve, and think about how it really affects your situation personally.\u00a0 If you\u2019re still worried<\/strong> after taking these actions, call me so I can be your voice of reason and point out how it probably isn\u2019t really that big of a deal for you at all.\u00a0 After all, your mental and physical well-being re: your investments is just as important \u2013 if not more so \u2013 than the actual investments themselves.<\/p>\n

Find an experienced financial advisor who regularly advises clients on how to not worry about what the financial media says, works for an RIA firm, earns his\/her money from fees (NOT commissions), believes in having an abundance of investment choices for clients<\/a><\/span><\/strong>, and has the heart & demeanor of a teacher, NOT a salesman, and chances are you\u2019ve found the right financial advisor to help you prepare and plan for your financial goals.<\/p>\n

To learn more about Martin Federici, view his<\/strong> Paladin Registry profile<\/a><\/span><\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The events that recently unfolded over in Greece is what inspired this month\u2019s article.\u00a0 Often, the financial media sensationalizes stories that really have little to do with most individual\u2019s investments\/financial plans.\u00a0 It\u2019s really more about them needing to generate buzz for advertising dollars (need people to tune in\/read to see why the sky is supposedly falling AGAIN) than it is about what\u2019s important for most people\u2019s investment situations. So we<\/p>\n","protected":false},"author":12,"featured_media":6263,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[325],"tags":[],"class_list":["post-6259","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-advisors"],"yoast_head":"\nA Financial Plan Can Reduce Your Worrying<\/title>\n<meta name=\"description\" content=\"Have a financial plan in place that\u2019s reviewed regularly to ensure your investments are helping you to meet the goals along with your advisor's guidance.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.paladinregistry.com\/blog\/advisors\/financial-plan-can-reduce-worrying\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" 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