How To Stay On Course When The Path Ahead Becomes Increasingly Difficult
Forbes: July 20, 2022
There’s a saying about the financial markets that consistently rings true: It’s not about what...
July 29, 2022
Hello,
Have you ever heard of the marshmallow test?
Fifty years ago, Walter Mischel and his colleagues at Stanford University used it to measure how well young children could resist temptation by placing a marshmallow on a table and giving them two options:
The results have been widely discussed for years in learning more about financial success and delayed gratification — an essential skill in building wealth and saving for long-term goals.
Especially these days, as economic challenges pile up, the patience to focus on your long-term goals and tune out the immediate is more important than ever. Commit to a long-term strategy and understand that time in the market is more important than timing it.
How patient are you? How patient have you been this year? If you need some additional support and encouragement, Malvern Bank can help. Sally Lawson, Malvern Bank's Senior Investment Officer, has years of experience helping clients plan their long-term financial strategies. Call Sally at 610.695.3651 or email her at SLawson@MyMalvernBank.com and Start the Conversation - with a free review.
Let’s keep the lines of communication open. Check out these articles, and let’s talk.
Sincerely,
Anthony C. Weagley
President & CEO
Malvern Bank, National Association
Beyond Your Expectations ™
Office : 610.644.9400
Forbes: July 20, 2022
There’s a saying about the financial markets that consistently rings true: It’s not about what...
The Guardian: July 25, 2022
Follow the gospel of Larry David, go gaming on horseback, always carry a cushion, bin your cinema...