The last few weeks (and months) of volatility have told us that we're sailing in stormy waters.
This is a quick note to tell you that it's going to be OK.
A few things I'd like you to keep in mind right now:
"Unprecedented" events can happen much more often than we'd like and make predictions nigh impossible.
The world changes not gradually but in accelerated bursts that can leave us clinging to old trends and expectations that no longer fit our new reality.
We've gotten used to low interest rates and strong market performance over the last decade.
But it looks like we're heading into more challenging territory.
"Just keep in mind: the more we value things outside our control, the less control we have." Epictetus
Here's why it's going to be OK:
We've been here before.
Not this precise moment in time, of course, but...
We've planned for situations like these, where we see harsh conditions, but we don't know exactly how they will play out.
The strategy we've built together for our clients is designed to withstand these kinds of storms.
Most importantly, you are not alone.
I'm here with you.
We're in this together.
We're surrounded by amazing family, friends, and our community.
We don’t control what happens in markets, the economy, or the world.
We can be grateful for our blessings and focus on what’s within our control: our mindset, our behavior, and the actions we take.
We make it through these times by connecting with who and what matters most to us.
I'm grateful for your presence in my life, and I'm here for you.
How are you doing?
Daniel Ruben, MD, MPH, MBA
Schedule a Call/Zoom
P.S. Do you know someone who could benefit from financial advice but may not have a professional they can reach out to? I’m holding a few spots open for folks who come recommended by clients and friends. If you can think of someone, please reply to this email or call (818) 483-6611 to let me know.
P.P.S. Do you have 10 minutes? Check out this super short TED talk to learn how to refresh your mind each day for less time than it takes to scroll through the day's headlines (no meditation or uncomfortable sitting required).
P.P.P.S. Do you enjoy watching talented kids do incredible things? Here’s an 11-year-old violin prodigy playing and talking about how much she loves music.