Short and on the foot? That They are irrelevantyou do not negotiate with any of them your professional, personal or family objectives, but you can continue using them as an excuse to stay where you are. To indefinitely kick decisions that you can make today, to continue thinking about them, to hope that there is less uncertainty, or that the dollar calms down.
These horsemen of the apocalypse (or saviors of the Nation, it is indistinct) are part of our context and the decisions they make definitely impact us. And to make matters worse, they are not the only thing we have to pay attention to. Let’s review some of the news of the last 12 months: the extinction of crypto-millionaires with the implosion of FTX, the bankruptcy of 4 banks in the US and the second largest in Switzerland (where nothing ever happens), we add the Israel-Hamas conflict to the Russian invasion and the China-US tension, we voted 3 times for President, and even Tini and De Paul separated. There was no truce.
AND? Nobody makes decisions in a bunker isolated from reality, so what do you expect? Your financial health and your projects depend on the decisions you make. The rest is in the stands, no matter how much noise they make, the final result depends on you. Nada removes you from the leading role.
Somewhere I read that If you want to do something, you’re going to find a way, and if you don’t want to do it, you’re going to find an excuse.. So now you can expect Milei to take over, close in 2023, start in 2024, or wait for the Copa América to pass. Or not, and simply you can break the inertia and take the first step. Nike has been imploring you for years, Just Do It.
If you still need a little push, Cerati reminds you that always is todaythat Decisions are always made today, tomorrow is a trap, it does not exist. Postponing a decision that is viable now is a hidden “no”, and If NO is comfortable for you, accept it and free yourself.. But if you want to start investing, stop waiting for a certainty that will never come; investing is accepting a certain level of uncertainty (the risk you assume) in search of a reward. The market pays you for the risk you take, it does not raffle fortunes.
The best thing I heard about how we relate to risk is that we tend to exaggerate unknown risks and underestimate known ones. For example, a Formula 1 driver who postpones a control endoscopy for fear of the risk of anesthesia. Makes sense? Don’t you assume more risk by riding at 300 km/h in a plastic shell than by undergoing a routine medical procedure? You live in Argentina, you take on more risks crossing the street than you can face by investing, and the latter can be managed.
Certainty does not exist but there are uncertainties more familiar than others. I can help you so that starting to invest is not a leap into the unknown, so that you evaluate and decide what risks to take to achieve the goal you set for yourself. Or you can keep thinking about it.
Let’s talk, I’m always available through Instagram (@nr.asesorfinanciero), LinkedIn (Nicolás Rampinini) or my page (nrampinini.com).
by CEDOC
