A firm belief, a feeling of certainty, a belief in one’s abilities, and being assured are all important ingredients for success.

Confidence is fundamental to the American character. Since most of us cannot see the future with any certainty, it becomes our responsibility to adapt to uncertainty. Uncertainty is a certainty ... expect it ... look for it ... lean into the chaos of it. Over the past few years everyone’s confidence about their financial success has been challenged. 

" Uncertainty comes in two forms - risks and opportunities. We have to prepare for both. We have to be courageous and bold in both. The real decision lies in what degree of boldness is called for and when."

Thankfully, at least two lessons have emerged about confidence. 

The first lesson we learned from our recent past is that we cannot avoid risk, but we can manage itThe second lesson learned is that good planning prepares you to make good decisions when opportunities knock, whether in times of scarcity or in times of abundance.  Few people worry about having too many opportunities, but regrets from the financial impact of lost opportunities can be as bad as making poor financial decisions with unprotected risk.  Studies show people more often regret over their lifetime that they didn’t take advantage of past opportunities when presented with them (should have, could have, would have moments) versus day to day mistakes that they have made.  An abundance of valuable tools and strategies to minimize the financial impact of adverse events and changes in circumstance are available.  You have to make good decisions that integrate these strategies into your overall planning goals and objectives.