Five Ways You Can Reduce Your Money Anxiety

Investor in people IMG_3748 (Photo credit: tomylees)

Are you suffering a case of what I call the “money blues”?  2008 has left many investors asking themselves, “What in the heck happened?”.   When you feel powerless over things beyond your control that can easily lead to anxiety.  Reflecting back at the value of your 2007 statements does as much as good as wishing you bought that “one stock” at that “one time” at that “one price”.  Yeah, you know the one I’m talking about.   If you feel yourself suffering from your own case of the “money blues” consider these tactics to get you back on the road to recovery.

1. Turn off the news.

Watching the news about what’s going on with the market is just as good as trusting your weatherman’s forecast for the weekend ahead.  You have to remember that the media is there for one thing: to make advertising dollars.   Oh wait, was I supposed to say “inform the public”?   Dismiss the exaggerated headlines and focus on the items in your life that you do have control over... Continue to read.