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Narcissism Survival Guide

With Dr. Mariette Jansen

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Dr. Mariette Jansen is Dutch, lives in the UK and is a successful pshychotherapist / life coach. She grew up with a narcissistic mother and that shaped her life and her identity.

How To Sleep With Hip Pain

Simple and Practical Ways to Alleviate Nighttime Hip Pain

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For those who battle chronic hip pain, there are a number of strategies that can provide comfort and pain relief throughout the night, making it possible to enjoy a more peaceful, restorative...

BrainShape and Aging

With Andrea Wilkinson, PhD, founder and CEO of BrainShape

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Dr. Andrea Wilkinson, founder and CEO of BrainShape, empowers aging adults to take control of their own lives and teaches mental and physical vibrancy through her research-based signature...
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Coronavirus Resources

Key Financial  Tips - Don’t Panic!
Laurie Blume
/ Categories: Financial, Money Management

Key Financial Tips - Don’t Panic!

Remain Calm in Turbulent Times

Here are a few financial tips for those of us who are Gracefully Greying adapted from the Financial Manager and AARP Magazine:

  1. Do not panic. Panic is the enemy.
  2. Diversification is your safety net. Make sure that your money is spread among different types of investments, such as U.S. stocks, foreign stocks, bonds and publicly traded real estate trusts. Investing in mutual funds is safer than buying individual stocks and bonds.
  3. It is hard to plan for economic calamity.
  4. Think twice before paying off your mortgage if it uses up a lot of cash.
  5. Do not panic and sell too early. This is how most people get hurt by market downturns. Panic is your biggest enemy.
  6. Do not be overconfident either. There are always down turns in the market. The four most dangerous words when the markets have been strong for a long time: “This time it’s different.”

Another good read is Suze Orman's article 10 Steps to our Ultimate 'Retirement, published in AARP.  Another important read is published by U.S. News & World Report, What the Coronavirus Means for Your Retirement Finances.

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