“If you do not change direction, you may end up where you are heading.” – Lao Tzu
Deep down, most of us recognize that change can often be good for us. Whether it’s our job, our address or our perspective, it’s important to be ready for and embrace change. When something unexpected happens, it’s important to understand the facts and risks without panicking. As we know, financial markets are unpredictable, no matter how much we might hope for comfortable stability. And although good times can make us too exuberant and tough times make our collective stomachs churn, reacting to market ups and downs isn’t useful. However, when security breaches occur, as recently happened with Equifax, taking prompt action to protect your identity and credit can make a lot of sense. There are few guarantees in this world, but taking sensible precautions and staying focused on your important long-term goals can make a real difference as change inevitably comes.
Financial markets ebb and flow. This chart is a prime example of how bad days in the market can often be followed by great days — and how impossible it is to predict when each is coming. Dedicated long-term investors know the importance of tuning out media noise and adhering to their investment plans no matter where the stock market is headed short term.
The Equifax security breach has left millions wondering, “How compromised is my personal data?” Should you monitor your credit daily, weekly or freeze it altogether? Don’t panic. Learn effective ways to proactively protect your information, like opening all your mail to check for signs of fraud and updating online passwords. These are some important steps you can take to safeguard your sensitive information in light of this frustrating security failure.
Most of us don’t want to think about what changes might be in store for us (or a loved one) when it comes to our health. But having the facts and being prepared just in case you are faced with a long-term care situation can help take the emotional and economic pressure off. This comprehensive guide is full of useful information and can shed light on an often-vexing subject.
Think working long hours will help you be more successful? You may be surprised to learn that changing your “all-work” attitude can dramatically help your productivity. Learning to embrace relaxing activities on the weekends is vital to your wellbeing and creativity. And reconnecting with loved ones can help you recharge, de-stress and problem solve with greater efficacy.
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