http://www.abundancebound.com/blog/fighting-fear/ Just another WordPress weblog Tue, 11 Dec 2012 18:44:12 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.abundancebound.com/blog/fighting-fear/comment-page-1/#comment-8854 Kate Klingensmith Thu, 25 Aug 2011 15:03:15 +0000 http://www.abundancebound.com/blog/?p=893#comment-8854 Lately I've had the feeling that so much of the stock market issues are caused by fear, and just fear alone. It seems like people are so reactionary to what others are saying, acting as if the boogey man really is there. One person in the finance industry said that S & P's decision to move the US from an AAA to an AA rating is like moving from indigo blue to navy blue--it's a matter of a few degrees. And other similar institutions didn't change their ratings. I often remind myself that things are cyclical. Also, people need to learn to be flexible, and not assume that the current economic problems are forever. If one assumes that mindset, then they are setting themselves up for a lot of stress, which leads to poor thinking and decision making. Lately I’ve had the feeling that so much of the stock market issues are caused by fear, and just fear alone. It seems like people are so reactionary to what others are saying, acting as if the boogey man really is there. One person in the finance industry said that S & P’s decision to move the US from an AAA to an AA rating is like moving from indigo blue to navy blue–it’s a matter of a few degrees. And other similar institutions didn’t change their ratings. I often remind myself that things are cyclical. Also, people need to learn to be flexible, and not assume that the current economic problems are forever. If one assumes that mindset, then they are setting themselves up for a lot of stress, which leads to poor thinking and decision making.

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