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2 Comments

  1. After a multi-year run of good returns from my 401k, my “spidey-senses” are tingling in regards to the market. I don’t have a “tangibles heavy” portfolio and have simply engaged in low-fee index funds. I had some initial hope earlier this year that there would be substantial economic recovery, but following the events of the last several months, I can see a strong potential for a sharp downward turn in the market. I don’t follow the panic crowd, but rather implement phronesis by reading between the lines and following actions to their logical end. My father used to quote a simple phrase when we were young to teach us about consequences: “if this…then that”. I temper what might panic others by “bringing every thought into captivity to the obedience of Christ” (II Corinthians 10:5 NKJV). I know God is sovereign. I trust him. I also trust that he calls us to be “wise as serpents and harmless as doves” (Matthew 10:16 NKJV) in that we are not to pursue arbitrary violence. However, He “trains my hand for war, and my fingers for battle” (Psalms 144:1 NKJV).

    I know I’m all over the place with my thoughts. I’ve lost focus on this post. I’ve been at work for 12 hours with approximately 3 more to go. Prayers are appreciated for the acquisition of a new position with “normal people” or “bankers'” hours. I worked hard for the last three years to advance my education in order to obtain higher certification. I’ve completed that, but have not obtained a new job. With the certification I now hold, I am equipped to get a better paying job (roughly 1.5x current salary), and a position with much better hours (usually no more than 8 hours per day as opposed to 14-15). All that said, I will (as some commentators have suggested) try to post more in order to get to know everyone and help them to get to know me.

    To try to close my original line of thought for this comment, I am working to take advantage of some of the loosened restrictions on retirement accounts and move those assets elsewhere.

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