Financial decisions

I’ve spent the last couple hours reviewing my assets and investments. I’m looking to make a sizable purchase in the next week and given the market adjustments, I wanted to review my portfolio and ensure that I was making a smart financial decision.

It takes some time and hard analysis, but I believe it’s the smart move. It’s easy to get overextended in certain asset classes when there’s a big drawdown in the market like the last month. As expected my portfolio and assets were all out of balance.

My gut was right in this one and I ended up going through with the move I was planning to do. Big financial decisions aren’t ever easy. Even as I’ve grown my net worth and invest larger sums of money over the years, I still see big dollar amounts like I’m still a teenager. It’s part of my upbringing.

Knowing that, I sleep better at night when I know I’ve run the numbers and am making a smart decision. I’m glad I spent the time running the numbers and can justify the big purchase.