The prevailing emotion experienced by many when any market is falling is anxiety. The cause of anxiety is a feeling of worry, nervousness, or unease, typically when we anticipate a negative outcome to an imminent event or uncertainty. First, whatever you are feeling, you are feeling. That’s a fact. It doesn’t help, and probably is hurtful, to tell yourself you “should” not be feeling anxiety over the decrease in your portfolio. There are many reasons why a person may feel anxiety around a decline in value. Some could be because more information needed. Other reasons are anchored in unresolved trauma from past experiences that may have little to do with the falling markets.
Watch it on YouTube – Subscribe to The Financial Therapy Podcast
Help, My Portfolio Has Fallen and I Can’t Get Up!
About Rick Kahler:
Rick Kahler, MSFP,CFP ® , CFT-1™, CeFT ® , CCIM, president of Kahler Financial Group, is a life-long resident of Rapid City, SD. He began his professional career in 1973 selling and appraising real estate He founded Kahler Financial Group in 1981. He became the first fee-only Certified Financial Planner™ (CFP ® ) in South Dakota in 1983. In 2020 he became one of the first Certified Financial Therapist-Level I (CFT-I™,) in the nation.
His firm, specializing in the integration of investment advising, financial planning, financial coaching, and financial therapy, serving small business and real estate owners, professionals, and retirees, as well as individuals and families.
He served on and chaired the South Dakota Investment Council and served in leadership capacities with the Financial Planning Association and the National Association of Financial Planning Advisors. Kahler is also a nationally renowned speaker and educator. In 2003, National American University recognized Mr. Kahler with the Alumni Distinguished Service Award.
Interested in working with Rick Kahler, MSFP, CFP®, CFT-1™, CeFT®? Please go to our website, www.kahlerfinancial.com/request-an-appointment and fill out a request for a 30-minute free consultation.
Stay connected with The Financial Therapy Podcast by listening on the following:
A podcast that blends the nuts and bolts of financial advice with the emotions that drive making them.
