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It's difficult to separate strong emotions from your money. But failing to do so can lead to regrettable decisions.This article is a contributed piece as part of a series focused on millennial financial empowerment called So far in my 20-plus years as a wealth manager, I've held clients' hands through three major stock-market crises. investment planAdmittedly, this can be extremely difficult advice to follow. We're human, after all, and it's our nature to feel deep emotions.
The client wasn't worried about losing her job, but she had many friends who were getting laid off or furloughed, which caused her concern. She was deeply afraid about the future, and the deep declines in the stock market scared her even more. She was confident that there was no way the market could recover any time soon, and she wanted to keep the bonus money on the sidelines until a more favorable investment environment presented itself.
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