Navigating Headwinds | Wisdom, Wealth, and Wellness
Navigating Headwinds | Wisdom, Wealth, and Wellness
Good morning, good afternoon, good evening. Depending on the part of the world you’re in. This is Jonathan Satovsky of Satovsky Asset Management. And on this episode of “Seeking Wisdom, Wealth, and Wellness,” I want to talk about headwinds and persistency.
If you’re a sailor, sometimes the wind is with you, sometimes the wind is against you, sometimes there’s no wind at all. But you can’t stop sailing. You gotta keep going toward your destination, and you have to deal with the conditions that you have in front of you. So in investing, sometimes you got headwinds. Sometimes money supply is loose, sometimes money supply is tight. Sometimes interest rates are high, sometimes they’re low. There are a lot of external factors that change the environment.
That’s where persistence comes in.
If you’re disciplined and you can maintain persistent discipline around the factors that actually work over a long period of time, even though there’s going to be some waves, some winds, some bumps in the road—you got to brace, you got to calibrate, you’ve got to make sure that you make adjustments to be able to weather the storm. That being said, if you can keep your eyes on the horizon, good things will happen. So you got to calibrate to get through the storm and make sure you don’t drown. But keep your eyes focused on the horizon so that you can have a great and abundant journey through whatever weather comes your way, whatever season we’re in, on your path to Wisdom, Wealth, and Wellness.
Have a great day.
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Disclosures
This blog post is not intended to be, nor should it be construed or used as, an offer to sell, or a solicitation or offer to buy any securities or interests in any strategy offered by Satovsky Asset Management, LLC (“SAM”). SAM is a registered investment advisor with the Securities and Exchange Commission – for more information see www.adviserinfo.sec.gov. Please remember that different types of investments involve varying degrees of risk, and that past performance is not indicative of future results. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the strategies recommended or undertaken by SAM) will be profitable. Market index information shown herein is included to show relative market performance for the periods indicated and not as standards of comparison. The market volatility, liquidity and other characteristics of SAM’s portfolio composition are materially different from the securities listed on public market indices. Market index information was compiled from sources that SAM believes to be reliable. No representation of guarantee is made hereby with respect of the accuracy or completeness or such data. Opinions are as of date of video and are subject to change. A copy of SAM’s current written disclosure statement discussing our advisory services and fees continues to remain available for your review upon request. SAM undertakes no duty to update information presented herein.
Further Reading
Jonathan Satovsky Interviews Rabbi Simon Jacobson
Always on the run
Learning something new
