As many of us moved into the New Year with renewed optimism and hope for what the year would bring, the first month of 2018 certainly challenged this optimism. Incredible volatility in the stock markets, low commodity prices and loonie, a high degree of uncertainty in the political landscape ~ these are just a few of the topics that have dominated our media, conversations and business outlooks. As we look forward to the remainder of the year with the most uncertainty we have felt since, some say, the 1980’s, it is easy to be overcome by negativity and fear…a half, or perhaps almost totally empty glass.
Without diminishing the reality of the tough times that many companies and families are experiencing, can we start to change the conversation? Can we start to look for more bright spots in our lives? Many businesses are changing the way they operate to meet challenges and find new opportunities. More and more people are focusing on reinventing themselves. We’ve all heard it before, but if our thoughts and intentions really do create our reality, what kind of reality are we creating?
These challenging times have forced many of us to take a hard look at our current financial picture…what it looks like today and what changes have occurred that are affecting our future. As we re-evaluate where we are and where we are going with our wealth, let the glass be half full. Focus on the positive things you have done with your planning and what good choices you have made in the past. From a place of positivity, find the items in your plan that require the most immediate attention and take action. In challenging economies, our focus often shifts from looking for higher risk or growth opportunities to ensuring that what we have is protected. Now can be a good time to take a look at your safety net and what provisions you have in place to protect what you have built.
Tune out the noise, look for the success stories in your life and keep filling up your glass.
Lifeworth Transmission ~ Helping you think about your wealth in a different way