Читать книгу Financial Security For Dummies - Eric Tyson - Страница 26

What I’m suggesting is a similar type of training that commercial airline pilots go through on flight simulators. Consider that you wouldn’t want a pilot encountering an unusual event (for example, dual engine failure requiring a water landing) for the first time in a real flight with hundreds of passengers on board a jumbo jet! All those US Airways passengers onboard Captain Sullenberger’s jet were grateful that he and his copilot had extensive training and knew what possible options to quickly consider when their plane’s twin engines shut down after striking a flock of geese soon after takeoff from LaGuardia Airport in New York City.

This book aims to provide you with the training and historic perspective so that you are well prepared to deal with and navigate a wide range of personal financial challenges. When an unexpected crisis occurs, our biological wiring causes our fear reaction to kick in, which can cause more problems.

Keeping calm and keeping perspective are vital. Knowing how prior crises have unfolded and gotten resolved can help. Also, there are opportunities to benefit from lower prices on investments like stocks, real estate, and small business at such times, but many people aren’t financially or emotionally positioned to do so.

When a crisis unfolds, I don’t need to tell you that it’s “breaking news.” Nearly everyone consumes some news and media coverage, whether through traditional outlets (such as radio and television) or through newer platforms (such as social media, blogs, podcasts, and so forth). I can tell you from thousands of personal observations that the economic coverage and biases of those outlets can and will get in the way of you making the best personal financial decisions. And so too can your own biases and beliefs, especially if you follow politics and identify reasonably strongly with candidates from a particular political party or ideology.