Your Wealth Building Resolutions

Have you made wealth-building resolutions for the New Year? To be ahead of any change in the market, you want to keep a level head. When challenging times arrive, learning how to manage your emotions within the ebb and flow of investing is essential to your success. It’s natural to become excited when the market is good, but a wise investor knows that wealth and well-being go together. If you adopt this mindset throughout your wealth journey, you will be prepared for challenging times. Staying calm can help you overcome any situation by positively approaching the ups and downs instead of feeling anxious or overwhelmed by circumstances out of your control. Keeping your emotional self together calmly can make all the difference when seeking to make intelligent investment decisions.

Wouldn’t you like to feel great and live a life without fear and anxiety? Emotions range from one end of the spectrum to the other, and it’s pretty easy to get lost in them if you aren’t aware of how yours impacts your life. New Year’s resolutions are excellent, but taking care of mental and emotional health is essential every day of the year. Building your wealth will require a systematic approach. I’ve added a simple checklist in different areas of my life to help raise my awareness of the changes I need to make to continue improving when those anxious moments creep in. The checklist has helped me increase my life balance and inner peace faster.

You can take other steps to help you gain more inner peace. You can include daily rituals in your life. I follow daily rituals, such as journaling, working out, and listening to music. So, how do you start? Imagine the best you, and then break down the steps needed to get from where you are now to where you want to be. You want to create a plan to help you through each step with less stress. Keep things simple. You want to approach each of your goals in a manner that will empower you.

Map out a plan that works with your vision, not against it. You will place yourself in a position of strength and make difficult decisions more effortless, which, in turn, will increase your ability to handle any change within the investment climate in a calm, strategic manner, thus moving you even closer to your investment goals. This ideal may seem out of reach, but stick with it. A well-thought-out investment plan, good investment habits, and a strong money mindset will be the tools you need to meet challenges without stress, frustration, or feeling overwhelmed.

Shift your money mindset. First, focus on what makes you feel good and helps keep your spirits up. When you are relaxed and confident, you are in the flow and can’t help but feel good, especially when you remember that you can accomplish anything you set your mind to.

Become informed about your investments. Now is not the time to walk away and hide. Now is the time to take a sincere interest in what is happening so you can make decisions.

You want to have a strategy that will meet your needs over time. Begin with a diversified portfolio that suits your needs within a time frame to help you meet your goals and objectives.

A sound investment strategy also starts with a clearly defined objective. Your strategy needs to be flexible and allow you to exit quickly to reduce your exposure if the stock market starts to fall. Lock in some of your profits. You never go broke taking a profit.

You could also seek personalized advice from an investment professional to answer your questions. What review process do you have in place for your investment portfolio? Do you have a strategy to manage risk? You can review your portfolio or have a professional do this for you. Simple changes in your current portfolio can help you cut your risk and increase the potential return.

Make it a practice to spend some time watching your money so that you will be prepared for changes and ready for potential decisions that may arise so you can make those informed decisions. When you take care of your inner well-being, your ability to handle the ups and downs of the market will become easier over time. If you find that you are still feeling a bit unsure of your path to wealth, remember you can step away and get some help to guide you through the process. Stop hiding or avoiding talking about money. You don’t have to feel stressed or overwhelmed; you can build your wealth with confidence and inner peace. Decide that NOW is the time to feel good about money. I’m here to help you on your journey to wealth.

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Bonnie S. Gortler

Bonnie Gortler, Consultant, Coach, and Author specializing in Wealth and Well-Being, is a successful stock market expert who has been instrumental in managing multi-million-dollar client portfolios within a top-rated investment firm during her over 35-year corporate career. As the author of “Journey to Wealth,” Bonnie has made it her mission to share the importance of risk management and how to enjoy real financial well-being by applying the technical and mental sides of investing. Bonnie has an M.B.A. and is a certified life coach. It is through her love of coaching, consulting, blogging, and social media that she creates change in the lives of many and inspires people from around the world. Bonnie is fully committed to your personal growth and development as she shares her winning spirit and powerful techniques with you. Visit BonnieGortler.com to gain tips and insights about investing, personal development, and inspiration through her articles on Wealth and Well-Being.
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