Market Crashing? Testing….

Not only we in the financial industry are tested during market volatility, but investors such as yourselves are also. Chances are those of you reading this are aware of the market action yesterday, with the Dow Jones Industrials, one of the hallmarks to watch (even though it is only 30 stocks) going down 1175 points. On TV, all over the internet, on smart phone bulletins, it couldn’t be escaped. I watched cable news yesterday between work, tuned in last night, read financial news sources and listened to the radio coming in this morning, and this is what I heard and saw:

Markets PLUNGE

Stocks RIPPED

It was a FREE FALL

Stock Market COLLAPSE

Worst one-day and intraday point losses EVER

What makes it even worse are the reasons given. I listened to a call-in show on the radio and callers were saying things like “This economy isn’t really strong. It’s a fake economy. The markets are way too high. This is the beginning of the end! The stock market was propped up artificially.” And on and on and on.

I’ve been itching to get a moment to address this.

Yesterday’s market moves were hardly historic. The move wasn’t even in the top 20 down days. Back in October 1929 the crash was a drop of 12+% . One day I will always remember is October 19, 1987 when the market dropped over 22%,

Do you know how much percentage-wise the Dow dropped yesterday? 4.6%

It only makes sense to compare percentages. Points don’t tell the story.

But that doesn’t make a good story for the news. Nor does letting you know that we were overdue for a correction and we will have more. That’s a healthy market. We are in a strong economy.

The stock markets cannot just continue to go up without a breather, investors taking profits, and yes, people getting nervous.

So, we are all being tested. I must say with the few hundred clients we have I am pleased that we haven’t had frightened investors calling us in need of reassurance, not one. Hopefully, that means we have done our job educating them of the facts, that it is best to ride these rocky times out, and that it is time in the market that makes all of us successful.

Kasey Claytor

Books Available

The Money Map
How does your thinking and behaving create suffering in your financial life? What individual habits, actions and beliefs create poor financial health?—MORE
Spiritual Will & Legacy
Here is a workbook to bequeath your beliefs, ethics, values and history as a legacy to your heirs. Pass down intangibles like your knowledge and what is in your hearts.. There are questions to inspire you on various topics such as impactful life lessons, humorous family stories, good advice—MORE
Pinky
This small, pink, stuffed dog, Pinky, wanted nothing more than to be the best loved of all the stuffed animals sweet Francesca had. In this endearing story Pinky learns just how important his love is. From Francesca’s dream to Pinky’s big award, this little book will steal your heart. Find out why this was written, and how it came about. —MORE
I Know...Me Too
“These selected poems were written over a 40-year period. I dedicate this small collection to all the people who have touched me through these years: those who have loved me, liked me, challenged me, humored me, listened to and understood me, or"—MORE
The Light of Grace
The Light of Grace takes readers on an epic spiritual adventure as Grace, a newly-assigned angel, is given four humans to guide: Mumbi, an innovative prehistoric girl guided to break through limitations; Garth, a devout 14th century Christian who questions his faith... —MORE
The God of Anna
The story is a memoir told by Anna, about a year in her life that held serious struggles for her when she was about to turn 11 years old. This bright, introspective child lost her loving father and gradually came to realize that he had held their little family together with his charm and philosophical outlook. —MORE
7 Laws for Raising...
The 7 Laws of Raising Kids to be Financially Independent introduces parents and grandparents to the powers they hold to bring a fulfilling and abundant life to their young ones. It is written for parents who seek an empowering, warm, hands-on... —MORE

"Financial success is a by-product of a well-lived and well-expressed life."

Market Crashing? Testing….

Books Available

About Kasey