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Get Back in the Game

To paraphrase Yogi Berra, the game isn’t over until it’s over. You may have temporarily lost money, maybe even a lot of it. But as long as you’re an investor committed to your future, you still have the opportunity to participate constructively as the market recovers. You have options.

You can improve how you’re handling your investments. One of the ways you surmount a crisis is to remember that you can be a strong force in your financial recovery if you can step away for a minute to examine your game. What investments should you be in now? Are you in them? Addressing your investment strategy is one way to correct the mistakes of the past and position yourself better for the future.

You can cut your expenses. When you go through a financial crisis, suddenly you become an expert on what you must have versus what you can live without. Can you do some of the things you used to pay others to do and do those things just as well? Can you cut expenses without significantly reducing your quality of life?


  

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