Choose Wisely

Remember Indiana Jones and the Last Crusade?

Public Domain. Source: Book of Romance, Flikr

When Indiana gets to the final scene in a cave, he’s confronted by an array of choices. The one instruction he’s given is “Choose wisely.”

That’s my theme for next year: choose wisely. Confronted by volatile markets? Choose wisely. Finding unexpected risks? Choose wisely. Facing personal pressures? Choose wisely.

Our sources of wisdom should be diverse: from number-crunching to reflection on our own needs and limitations to insights from finance or even the news. Just don’t react. Listen, learn, and choose. Then act.

At the end, Indiana’s rival was undone because he could only reflect on own ambition, which he mistakenly projected onto everyone else. Indiana made a choice based on his understanding and empathy and a little common sense. That’s why he succeeded.

In the coming year, let’s all try – to make wise choices.

Douglas R. Tengdin, CFA

Charter Trust Company

“The Best Trust Company in New England”

By |2018-12-27T06:00:02+00:00December 27th, 2018|Global Market Update|0 Comments

About the Author:

Mr. Tengdin is the Chief Investment Officer at Charter Trust Company and author of “The Global Market Update”. The audio version of each post can be heard on radio stations throughout New England every weekday. Mr. Tengdin graduated from Dartmouth College, Magna Cum Laude. He received his Master of Arts from Trinity Divinity School, Magna Cum Laude and received his Chartered Financial Analyst (CFA) designation in 1992. Mr. Tengdin has been managing investment portfolios for over 30 years, working for Bank of Boston, State Street Global Advisors, Citibank – Tunisia, and Banknorth Group. Throughout his career, Mr. Tengdin has emphasized helping clients manage their financial risks in difficult environments where they can profit from investing in diverse assets in diverse settings. - Leave a comment if you have any questions—I read them all! - And Follow me on Twitter @GlobalMarketUpd

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