Chad Horning interviewed by MoneyWise with Rob West
Interview highlights how to deal with investor anxiety
Chad Horning, CFA®, President of Praxis Mutual Funds®, was interviewed recently on the MoneyWise with Rob West syndicated radio show and podcast. Horning and West discussed how to deal with investor anxiety in light of current events on Wall Street.
Their conversation explores how being aware of your risk tolerance and patient during times like this are often the best things you can do for your portfolio.
For example, during times of market volatility, it's a good idea to not make any quick decisions before taking the time to talk with your financial advisor about your risk tolerance. Although the current market turbulence may have some investors feeling anxious, if history is a guide, avoiding rash decisions in the face of fear is usually a wise choice.
During chaotic times, people of faith should be encouraged not to worry, but rather to put our trust in the Lord for all that we need. Horning references Philippians 4:6, which reminds us, “Do not be anxious about anything, but in everything by prayer and supplication with thanksgiving let your requests be made known to God.”
Check out the full Sept. 2, 2022, conversation from the MoneyWise podcast here .