Stay the Course

We've all seen the headlines—war, volatility, uncertainty. When it hits your retirement account it feels real.

This is a good time to remind ourselves of a few of our spiritual moorings. 

First, remember God owns it all (Psalm 24:1). Our accounts aren’t our security—He is. We don't trust the provisions in our retirement accounts, we trust the Provider of those provisions who owns it all.

Second, this isn’t a time for fear but a time for faith. What type of testimony do we convey to the world if we fret in such times?

Third, let's slow down. Most mistakes happen when we use the emotional part of our brain to make decisions rather than the logical part. It's okay to respond, but don't react.

Fourth, remember this situation we are currently in isn’t new. Markets have always moved with global events. Short term, they’re volatile, but long term they reward the disciplined investor. If you’re still investing, you’re buying at lower prices—that’s not bad news.

Finally, let's learn from Peter and keep our eyes on Jesus--not the waves!

Let's stay the course!

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Steve Crawley, PhD

BMA Financial

Executive Director