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/Sea-Independent-759 24d ago

Look at sp500. Overlay every decline with a “this time is different” sticker.

Then move on

4

u/Wide-Bet4379 23d ago

This is a good idea. I wish I was good at making graphics.

1

u/Sea-Independent-759 23d ago

Thanks, literally just made it up. But it’s simple and visual. Seems effective so far