This weeks lesson?

Wow, what a week to start a financial blog. Although, I will be sharing some personal interests such as grandkids, golf, and kettlebells, the main focus will be on peace of mind investing.

Monday the stock market was closed and then before the opening on Tuesday, my office had received about a half a dozen calls on what to do because all of the so called "experts" were predicting a big sell off.

As usual our first question before our response was, "Has your personal situation changed?" Meaning maybe it had and it was just coincidental that it had happened at a time that the market was at a sell off. Or maybe it hadn't and they were letting the emotions of the day overtake their good judgement.

That is something that is quite common when it comes to people and their money and it is what Wall Street thrives on.

You see, Wall Street gets paid on transactions and the more the two overwhelming emotional sirens, "fear and greed", are prevalent the more money Wall Street makes.

So the next time you find yourself getting caught up in Wall Streets emotional alarm of the day or week, just take a step back and ask yourself, "Has my situation changed?"

If the answer is no, turn off the t.v., switch the channel on the radio, fold up the newspaper, and go have some fun which could be playing with the grandkids, taking a walk, or swinging that kettlebell!