Finance 12. Seek out a second (or third) opinion Let’s face it: “interesting” times can be difficult to deal with, for even the savviest, most veteran investors. If you find yourself getting anxious about impending news − political, economic or otherwise − it might be a good time to seek out a second (or third) opinion about what’s going on in the market, and how that might (or might not) affect your finances. Should that opinion be a professional one? Sure − a wealth manager or financial advisor can be a great help in providing some historical perspective regarding current economic problems and financial crises, and can help give you insights regarding what you should (or should not) be doing about it. He or she has probably lived through “interesting” times before, and can lend a sense of calm, rational thinking to an otherwise emotionally volatile environment. But other people can perform this function too. A trusted friend, your accountant, your spouse, a businessperson whom you respect − all can be a sounding board for you and tell you honestly and candidly whether you’re thinking a little too much about events and issues that are ultimately out of your control, and standing in the way of making clear financial decisions. CSANews | WINTER 2019 | 37
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