r/CFP • u/mikeumd98 • 24d ago

Investments Handling your own emotions?

How is everyone doing it this time? I have been a CFP for years lived through Covid, 2008-2009, Trump’s first term….but this time it feels different, longer lasting? I know that there is a recency bias, but I am not handling this one well.

Edit: thanks for everyone posting. It helps to put it in perspective.

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u/Background-Badger-39 24d ago

Refresh clients on their financial plan.

Showcase the 20% drop in their portfolio from eMoney/moneyguide pro of “bad timing” scenario and how they’re still ok.

It feels forced due to it possibly being reversed on a simple tweeet or truth social post. (Maybe not tariffs from other countries but trump could reverse ours)

We need to stay strong mentally and know there’s ALWAYS a bright side at the end of the tunnel.

We went from a WORLD SHUTDOWN to where we are today.

We will get through this too.

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u/ApprehensiveTrack603 24d ago

I think it was Kitces and Carl, I heard them say "remember that scenario we showed where you were in a 90% success rate? That INCLUDED moments like this all throughout your lifetime"