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How To Invest During Political Conflict
Here’s how I’m planning to stay afloat during the Ukraine/Russia conflict
I hope this goes without saying, but my heart is heavy for those that have been impacted by the tragic acts of violence that are taking place in Ukraine as I’m typing this post.
As green beret, Tim Kennedy reminds us often, “Weak men create tough times.”
The senseless loss of life and toll that war takes is far more concerning than any impact on our investment accounts.
Given the plethora of spooky headlines, I’d like to address what’s happening in the market and hopefully provide perspective, as it’s easy to feel stressed and anxious during uncertain times.
Some of my finance friends have entered panic mode and are stock-piling guns and running 3 miles a day in preparation for the US to enter a war.
If anything, I’d suspect that a cyber attack is more probable than an invasion on United States soil.
I’m not against being prepared for chaos but I am against panicking and acting irrationally; that said, I’d like to offer a more realistic approach.
I was on social media tonight when I saw the below post from Jeremy of the Personal Finance club, and I thought this was insightful: