Firefighters and Tier 1 Operators have been trained and conditioned to not run from difficult and dangerous situations.
As a U.S. Army Combat Medic, I was trained and conditioned to never panic and how to achieve goals in the midst of the chaos.
You can benefit from this training without having to be exposed to fires or firefights by understanding and following the famous quote from Warren Buffet:
“Be fearful when everyone is greedy. But be greedy when everyone else is fearful”.
You have to determine your risk tolerance. When difficult situations arise do you Freeze, Flee, or Fight?
Neither is better than another. They all have their merrit.
An economic downturn is coming. This statement is based on reading
economic data not Rapture predictions 🤨
Log into your investment accounts / 401(K) accounts to see where you are.
Make sure your house is in order so you can side-step and weather the coming storm. And if you are positioned correctly, you can capitalize on the moment while everyone else is fearful.
Get with a professional to get guidance and stay plugged in.
-Monk
1.Finance is a game
2.You’re already playing the game
3.Financial Literacy is the pathway to your Financial Freedom.
To the youth, young adults, and the mothers who raise them, Financial Literacy: Monk Says… Learn the Game
MonkSays.com