Fear, Begone – Redux
Here's an article from the NYT by a guy named Gregory Berns, a neuroeconomist. (Did you know there was such a thing? I didn't.) Dr. Berns provides a whole new set of reasons why it's important not to become a victim of fear in these times.
As you know, I've been beating this antidote-to-fear drum for months. I love getting additional reinforcement for my point of view from someone who knows a whole lot of things I don't know!
One part of the article I especially like:
This means not being a fearmonger. It means avoiding people who are overly pessimistic about the economy. It means tuning out media that fan emotional flames. Unless you are a day-trader, it means closing the Web page with the market ticker. It does mean being prepared, but not being a hypervigilant, everyone-in-the-bunker type.
I strongly encourage you to read the whole article, though…it's really excellent.