Especially Now, Let’s Focus on What Matters Most

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Especially Now, Let’s Focus on What Matters Most

 Tom Buhrmann, CIMA®, Principal

October 16, 2020

We know the Coronavirus has impacted everyone in ways that were unimaginable at the beginning of the year. This post is the 15th in a series designed to help you make the most of this challenging time. You can read prior posts in the Coronavirus Resources section of the SWP Blog.

When we look back at 2020, it will likely be viewed as one of the most volatile years in memory: a once-a-century global pandemic, civil unrest across our country, and one of the most contentious and divided elections we’ve ever seen.

The world feels a bit on its head right now. And uncertainty is around every corner.

We expect that this sentiment will only intensify leading up to the elections on November 3rd and will likely continue until the COVID-19 pandemic is behind us.

With so much happening, it can be easy to get lost in the sheer amount of news, data, and decision-points that this pandemic has brought into our lives. And when that happens, it can make clear thinking and strategic planning feel impossible.

The goal, and the challenge, is defining what tangible things we should be focusing on today, tomorrow, and the next day.

The question is: with so much happening, what should we focus on?

We like to follow the drawings of Carl Richards, who has a way of elegantly depicting investing and planning topics. The sketch at the top of this post does a great job explaining the concept that is the subject of this piece. We encourage you to focus on the small intersection of “things that matter” and “things you can control.”

The team at SWP is here to support you and your financial well-being, whatever 2020 brings next. If you need additional support or guidance during the coming weeks and months, please connect with our team.

 

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This newsletter contains general information that is not suitable for everyone. The information contained herein should not be constructed as personalized investment advice. Past performance is no guarantee of future results. There is no guarantee that the views and opinions expressed in this newsletter will come to pass.  Investing in the stock market involves gains and losses and may not be suitable for all investors. Information presented herein is subject to change without notice and should not be considered as a solicitation to buy or sell any security.

Strategic Wealth Partners (‘SWP’) is an SEC registered investment advisor with its principal place of business in the State of Illinois. The brochure is limited to the dissemination of general information pertaining to its investment advisory services, views on the market, and investment philosophy. Any subsequent, direct communication by SWP with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information pertaining to the registration status of SWP, please contact SWP or refer to the Investment Advisor Public Disclosure website (https://www.adviserinfo.sec.gov).

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