Cornerstone Wealth September 2017

Dealing with Stress Learn Healthy Coping Mechanisms That Put You in Control

IDENTIFY SOURCES Chronic stress is hard to recognize. Look closely at your habits and excuses. Do you explain away stress as temporary? Do you define stress as an integral part of your life? Do you blame your stress on others? If you don’t recognize your role in creating or maintaining stress, you will never be able to control it. FIND HEALTHY STRATEGIES Withdrawing from loved ones, bingeing on food or alcohol, procrastinating, and sleeping too much are all unhealthy ways to deal with stress. Instead, find unique, healthy coping strategies. Focus on what makes you feel calm and in control. AVOID, ALTER, ADAPT, AND ACCEPT Some stressors are predictable. Learn how to predetermine your reactions by choosing to avoid, alter, adapt, or accept. Avoid people or situations that stress you out. Talk about your feelings instead of bottling them up, create a balanced schedule, reframe your problems, look at the big picture, and practice gratitude. It’s

critical to look at the glass as half-full and learn to forgive.

the fixed income component, and the real assets that make up the real asset component are selected for your portfolio. Implementation. Once asset allocation and investment selection decisions are made, they must be executed through the purchase and sale of assets or securities, resulting in your investment portfolio. Portfolio Monitoring and Evaluation. Over time, it’s essential to monitor both your own financial situation as well as the management of your portfolio. Any changes in your objectives, risk tolerance, income, net worth, or liquidity needs, or life changes like marriage or divorce, the birth of a child, or the death of a spouse, will require your investment plan to be updated accordingly. MAKE TIME FOR RELAXATION Nurturing yourself is a necessity, not a luxury. If you make ample time for self-care, you will be in a better place to handle life’s stressors. Give yourself options like going for a walk, calling a good friend, journaling, or reading a book. LIVE A HEALTHY LIFESTYLE In addition to regular exercise, there are other healthy lifestyle choices that can increase your resistance to stress. Eat a healthy diet; reduce caffeine and sugar; avoid alcohol, cigarettes, and drugs; and get enough sleep. Stress is unavoidable, but it doesn’t have to dictate your life. With stress management techniques, you can avoid chronic stress, reduce your stress levels, and live your life to the fullest. •

Y ou have more control over stress than you think. Stress management is about taking charge of your lifestyle, thoughts, emotions, and the way you deal with problems. No matter how stressful your life seems, there are steps you can take to regain control.

AMatter of Process The 4 Steps of the Investment Process

Goal Setting. The investment process begins with understanding and establishing clear financial goals. If you’re working with a wealth advisor, they can help you identify and prioritize objectives. The more detail you provide about current financial status, objectives, lifestyle goals, timeframe, and tolerance for risk, the more effective your wealth advisor will be in developing an investment plan and process tailored to address your needs. Portfolio Construction. This is divided into two primary parts: asset allocation and investment selection. Your wealth advisor works with you to develop a framework for managing your assets. You will be provided an opportunity

to review and approve all investment recommendations before your investment plan is implemented. Asset Allocation determines how investment assets are allocated across the different investment classes, such as equities, fixed income securities, cash or money market instruments, and real assets (such as real estate, commodities, and other assets). Asset allocation decisions are also framed in terms of investments in domestic securities versus global or international assets. Investment selection is the step where the stocks that make up the equity component, the bonds that make up •

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