Writing this blog has represented a real
shift in mindset for me, away from being reactive and towards advanced planning.
Publishing the first posts was so freeing that I started to learn about
investing. My curious mind soaked up all the information it could, like trying
to make up for time lost being trapped by financial fear.
Suddenly new fears jumped out in the form
of scary yield curve headlines. Would this derail my hard-won progress?
On MarketWatch.com today’s headline reads,
2-year/10-year U.S. Treasury yield curve
inversion deepens, flashing ‘red’.
CNN Business on cnn.com reported today, Insiders are selling stock like it’s 2007. Bloomberg Opinion posted
on social media, There’s evidence that
people have been stockpiling cash.
Then I made the phobe’s mistake of
watching an online news report about recession fears. It was on Bloomberg Real
Yield, and asked the question, When does
U.S. fall into recession?
I felt like I needed a translator to
understand most of the financial terms the moderator and experts in suits were
volleying back and forth. So I hit pause and looked up some words, like mean reversion, negative yields and full
easing cycle. Although I was grateful for the education by Dr. Google, haha, by the time I was done
I wasn’t really in a good mood.
Fortunately a link on MarketWatch.com led
me to a FI blog called Chief Mom Officer at chiefmomofficer.org. (FI stands for Financial Independence. It’s
like the updated brand of FIRE, the Financial Independence Retire Early trend.) Last week she published a post titled, Yield Curve Inversions Will Doom Us All – Parody & Real Advice.
The parody video was pretty funny, and just what I needed to snap me out of
backsliding into a fearful attitude.
