Page 120 - July_2023

FINANCIAL PLANNING
My morning usually starts with me listening to business news on my way to work. I hear countless people talking about the
greatest investments, given what’s going on in the world. With the volatility in the market over the last 18 months, many people are wondering if their investments are satisfactory. The news media is constantly making investors
worry when its not necessary. In turn, investors can end up trying to do too much with their portfolio rather than trusting the long-term investment strategy. For example, I’ll share a quick story about my baseball career in college.
I was a pitcher for my entire life, and
I loved doing that more than anything else. I was playing Division 2 baseball my
I could locate pitches better. That backfired and made things worse because I was trying to guide the ball. I tried to change my grip on the ball, my delivery, my mechanics,
and nothing worked. It was incredibly embarrassing to forget how to do something that I had done my entire life. The reason why I use this story as a comparison is
GOLD AND CRYPTOCURRENCY
by Cade Peterson, Financial Advisor
question if they are doing the right things
with their money. Some of the recent buzz
I’m hearing is with gold and cryptocurrency, which are two investments that have become popular with the recent struggles of the stock market. Ironically enough, the best time to buy stocks is typically when people start to go a different direction. The news media will create
sophomore year and I developed the yips, which basically means I couldn’t throw
the ball where I wanted to. It’s a rare thing that happens to athletes caused by a mix of nerves and getting in your own head too much. I had completely forgotten how to pitch and get batters out. My idea was to be very cautious by throwing the ball slower so
because sometimes when you try to do too much, it causes more harm than good, and that is what happened to my baseball career. Recently, the news is causing some people to stir the pot and think about unnecessary changes to their portfolio. I’m going to discuss some of the common news topics over the last year or two.
118 SPEEDHORSE July 2023