Don’t Panic

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Hi everyone, hope you’re doing well today.

I’m sitting here on a wonderful cloudy day watching the snow come over Pike’s Peak and its surrounding mountains and for a cold, blustery day with an overcast sky the site looks pretty nice.

I found it interesting this week when everybody had raised eyebrows as the stock market took some corrections. When the stock market went up, nobody could quite put their finger on the why. With the executive branch getting off on so rough footing, and the legislature having a hard time agreeing on almost nothing, and the allegations of other countries meddling in our affairs, no one could pick a finger on exactly why the stock market rose so well. It is actually gone on for a couple of years without a correction. When things go this well, as the stock market did, you don’t question it. You go on the ride and enjoy it while you can.

When the market started to make a correction, then everybody really wanted to know why. Even with the 10% correction stock market looks like it’s doing still better than it had before. The stock market has always been a place where once you are in, you took your stock and through it in the back of the drawer somewhere and left it alone. Because in the long run, one certain thing is the stock market will rise, even though it takes peaks and valleys to do so. The ideas to pick good stocks or other market funds that meet your needs, don’t invest more than you can afford to invest, and realize the ups and downs, and up again

Thanks for being with me today. Tomorrow, will we will start a new series of finding a job for today and tomorrow.

Author: Mike Balof

A retired Air Force Master Sergeant, Mike used to lay in bed at night and worry about what would happen if his plant closed or found himself without a job. One day his plant closed. Rather than panic and hysteria (OK, maybe a little) Mike found himself carried away on the adventure of his life. Mike started with the best job he ever had working at Home Depot. He spent 8 years working with job seekers at a local workforce center, helping them to find employment. He then started his own company developing courses, writing books and urging others to follow their own paths into the future. Mike holds a Master of Arts in Adult Education and Training and a Bachelor of Business Management, earned through the University of Phoenix and an AAS degree in Electronics Systems Technology from the Community College of the Air Force. Mike is a member of the Delta Mu Delta Business Honor Society.

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