Every summer, Reds fans become general managers. Should they buy? Should they sell? Should they stand pat? Every move gets analyzed before the ink is dry. The best organizations, though, don’t make those decisions based on emotion.\u00a0 They know where they are, where they’re trying to go, and what they’re willing to give up to get there.<\/p>\n
That’s exactly how financial planning should work.\u00a0 Life changes.\u00a0 Kids leave for college. A promotion changes your income. Parents need care. Retirement gets closer than it used to seem.\u00a0 Those moments sometimes require changes to your financial lineup, but they shouldn’t cause you to abandon your entire philosophy.<\/p>\n
Good investors rebalance because life changes.\u00a0 Poor investors reinvent themselves every six months.\u00a0 There’s a huge difference.\u00a0 At Dinergy, one of the most valuable conversations we have with clients is simply asking, “Has your life changed enough that your plan should change too?”<\/p>\n
Sometimes the answer is yes.\u00a0 Sometimes the answer is absolutely not.\u00a0 The key is making thoughtful adjustments instead of emotional reactions.\u00a0 A baseball team that makes a desperate trade every July rarely becomes a contender. Likewise, an investor constantly chasing the next idea usually ends up exhausting themselves more than enriching themselves.<\/p>\n
The best moves are often the quiet ones that fit into a bigger strategy.\u00a0 Years later, they look obvious.\u00a0 At the time, they simply looked disciplined.\u00a0 Just don’t tell us you are trading Ely or Sal!<\/p>\n","protected":false},"excerpt":{"rendered":"
Every summer, Reds fans become general managers. Should they buy? Should they sell? Should they stand pat? Every move gets analyzed before the ink is dry. The best organizations, though, don’t make those decisions based on emotion.\u00a0 They know where they are, where they’re trying to go, and what they’re willing to give up to […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_oasis_is_in_workflow":0,"_oasis_original":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9],"tags":[],"class_list":["post-1411","post","type-post","status-publish","format-standard","hentry","category-investing"],"yoast_head":"\n