Tuesday, October 7, 2014

Daily Briefing for Tuesday, October 7, 2014

Your Regular Reminder To Breathe

Yes, I'm not blogging much these days.  Writing a book takes up a lot of time.  But more on that later.

The Dow closed down 273 points today.  One strategist suggested "We could see a continuation of these 100-plus-point-day moves as investors worry about could this be the end of a three-year run without a correction."

In addition, the IMF downgraded global growth forecasts for this year and next.  Meanwhile, Europe is bracing for what the World Health Organization calls an "inevitable" outbreak of Ebola across the continent. 


Yes, there's much going on in the news now.  If you're paying attention to it, you're ahead of many.  It's not too late to top off your preparedness items or even start a preparedness effort in your home.  We will be facing things like this for the foreseeable future.  Our ancestors dealt with two world wars and a full blown pandemic all in the span of 30 years.  We've dealt with the Cuban Missile Crisis and 9/11.  We will face more challenges as time goes on.  And we will endure.

Panic is not part of our plan.  Preparing ourselves and our families for a wide array of risks is part of our plan.  Don't panic; prepare.

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