Financial Disappointment Can Darken Your Financial View

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The unusual financial economic events of the last couple of years have caused great financial disappointment for some Americans.

Losing the money to give your children a down payment on their first home, going through a divorce or business failure -- losing wealth -- is a deeply personal bad emotional experience.

Giving up on that retirement dream home, losing the money to pay for a grandchild’s education, or suddenly lacking the wherewithal to make a bequest to charity causes feelings of failure, shame, and regret. Investments are a way to satisfy emotional goals.

After experiencing a financial setback, feeling fear or anguish can darken your view and lead to making poor investment decisions. If you want to talk about a loss or plan a recovery, please use our website to contact us.

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This article was written by a professional financial journalist for Financial Planners and is not intended as legal or investment advice.

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