CheckMate

Unless you’re avoiding the news entirely (not a bad idea in general, but that discussion goes beyond this short post), you are no doubt inundated by now with all the financial gloom-and-doom from the past few days.

I always want to be able to add something useful or different here, but I don’t know that there’s anything significant I can add to the seeming billions of words floating around on this subject right now.

I’ll say this - take a deep breath and honestly assess your situation. If you are in dire straits (as in “I’m not gonna eat tomorrow.”), that’s one thing, and you have to take appropriate action. If you aren’t in that kind of situation - and I’m willing to bet the vast majority of you aren’t - do your best to remain calm, take a hard look at just how what’s going on is directly affecting you, and act / plan accordingly.

Beyond that, I did see what I thought was some sound, basic advice in this post at CareerHub: “Lehman Employees: Here’s What To Do Next”. The author outlines six specific steps, but I especially liked his overall theme:

“But Lehman employees - and indeed job searchers in other sectors - would be well advised to stop listening to all the noise, and instead focus on moving forward with a plan that will secure their next role.”

Sure, I know, as he also says, “Easier said than done.”, but it’s still dead on.

I won’t make any predictions, either, and I would strongly caution you to not buy into any of the predictions that others are making. The reality is that at this point, with things constantly changing minute-by-minute and hour-by-hour, nobody really knows how things are going to shake out, least of all me.

So, right now, unless you have some new overriding reason not to, if you still want a career as a financial advisor, I’d say keep pressing on toward that goal.

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