A Smart Investment Approach for the Current Financial Chaos
- Ramat Oyetunji
- Apr 6
- 2 min read
Updated: Apr 6
The past few weeks have been a rollercoaster for retirement and investment accounts, leaving many people feeling worried and uncertain about their financial security. Whether you're closely monitoring your investment accounts or simply feeling uneasy about the headlines, it's normal to feel some anxiety about your financial security right now.
But you're not powerless! There are thoughtful, intentional steps you can take during the current financial chaos to stay grounded and make smart moves in the right direction.
Start by Asking Yourself These 4 Questions:
Have your goals, income, or timeline changed recently?
Even subtle shifts in your life can impact your financial direction.
Is your portfolio still aligned with your current risk tolerance?
Your comfort with risk may have evolved. Your investments should reflect that.
Are you still confident in your investment strategy, or is it time for a check-in?
Periods of market volatility are a good time to revisit your plan—not to panic, but to ensure it still fits.
Would reassurance or a second opinion help right now?
Sometimes, a fresh perspective can provide peace of mind and valuable insights.
3 Intentional Steps to Help You Stay Grounded:
1. Reassess your risk tolerance
Make sure your current investment portfolio reflects how much risk you're willing (and able) to take based on your time horizon and financial goals.
Review your financial plan and investment strategy
Your financial plan and investment strategy are your roadmap, guiding you in the right direction. Revisit them to ensure you’re still on track. This simple investment strategy template is a great place to start.
Make changes only if needed
Market dips often feel worse than they are and are often short-term. Acting out of emotion can do more harm than good, so avoid making random changes and only make changes that align with your long-term plan or adjusted strategy.
Final Thoughts on a Smart Investment Approach to the Current Financial Chaos
Market dips and economic uncertainty can be unsettling, but it’s also a reminder of why financial planning matters. Taking time to review your financial goals, risk tolerance, financial plan, and investment strategy is a smart approach to the current financial chaos and can help you feel more in control and calm regardless of what the headlines say.
Looking for support in reviewing your current plan or creating one that fits your goals? Complimentary sessions are available at convenient evening and weekend times. Taking time now to reassess can help you move forward with more confidence and peace of mind. Book a session today.