Keeping Your Head Above Water While Watching the Economic Wave

Sometimes, at certain points in an economic wave, we see a frenzy of unwise financial behavior. Overconfidence, underconfidence, neighbor envy, media overload, all add to a lack of wisdom. How do you keep your head about you?

(Image credit: ansonsaw)

Waves are hypnotic. The simple up-and-down motion has kept us watching for millennia. There is one moment that still sometimes makes us catch our breath: The sheet of water goes up, gets thin enough for the sunlight to sparkle through, and then crashes down.

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Erin Wood, CFP®, CRPC®, FBSⓇ
Senior Vice President, Financial Planning, Carson Group

Erin Wood is the Senior Vice President of Financial Planning at Carson Group, where she develops strategies to help families achieve their financial goals. She holds Certified Financial Planner, Chartered Retirement Planning Counselor and Certified Financial Behavior Specialist designations.