HEADLINES

Prepare for Volatility! Protection First!

When the 2020 pandemic hit, it caught the entire world off guard. Current economic and social circumstances combined with the upcoming election could be a recipe for extreme volatility. We encourage you to refocus on our planning philosophy (Protection First) and utilize it in multiple areas of your life.  Below are a few suggestions:

  1. Protect your MIND
  • Limit your news watching (once a day if you must)
  • Focus on the overall health of yourself and your family
  • Make time each day for gratitude, prayer, and meditation
  • Read/listen to stories about successful people who overcame great obstacles

2. Protect your BODY

  • Take action to relieve stress through exercise, hobby, or activity.
  • Strengthen your workout routine now. Your body and mind coordinate. Consistency yields strength.
  • Holidays are coming which tends to yield over-eating/snacking. Increase your nutritional focus Monday-Friday and indulge on the weekends!

3. Protect your ASSETS

Take the income test. How much income would there be tomorrow…

  • if you voluntarily stopped working?
  • if you had to stop working because of disability?
  • for your heirs if you died?

4. Protect your LIQUIDITY

How easily can you access $1,000? $5,000?

  • Have accessible funds to handle unexpected bills with as much ease as possible.
  • Opportunities arise even in dark times. Having capital gives you bargaining power. Perhaps you can find a way to expand business or create an additional income stream. 

5. Protect your JOY

  • Work hard and make time for fun!
  • Explore an old or new hobby that you enjoy!
  • Catch up or make a date to spend time with a family member or old friend!

As always, if you want to connect with us, please reach out. If someone you think would benefit from reading this, please share!

Davin Sessa

Financial Specialist

Truvium Financial Group

80 Business Park Dr. (207) Armonk, NY 10504

Direct:914-603-8314

Website:  www.truviumfinancial.com

Registered Representative of Park Avenue Securities LLC (PAS), 800 Westchester Avenue, N409, Rye Brook, NY, 10573. Securities products and services offered through PAS, 914-288-8800. Financial Representative, The Guardian Life Insurance Company of America (Guardian), New York, NY.PAS is a wholly owned subsidiary of Guardian. Strategies for Wealth and Truvium Financial Group are not affiliates or subsidiaries of PAS or Guardian. Neither Guardian, nor its subsidiaries, agents or employees provide tax or legal advice. You should consult your tax or legal advisor regarding your individual situation.

PAS is a member FINRA, SIPC.

CA Insurance License # 4032312

2020-112003 Exp 11/22

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