When you were a kid, did you ever play with a magnifying glass? I used to look at bugs and spiders. As I moved the magnifying glass over them, they became bigger than they really were. They also became a little scarier. As I moved the magnifying glass away from the bugs and spiders, they shrunk down to size and weren’t so scary.
Think of the press, TV and the internet as our grown up equivalent of the magnifying glass we played with as a kid. Changes in the stock market, changes in investor sentiment, challenges in Europe and a rating downgrade are all important issues, but are they being magnified out of proportion? I think that with a little time, we will be able to look back and see today’s events with a different perspective.
If you have questions or concerns about your accounts or any planning that we have done, please give me a call. I always look forward to talking with you.