The situation in Ukraine is terrible and my thoughts and feelings go out to everyone in that struggle. There are a myriad of lessons to learn of course, but today I want to focus on personal investing.

When it comes to your personal investments, you should be personally invested. What I mean: know what you are investing into, understand the risks and rewards and be comfortable with the potential outcomes. Any single investment can be very volatile or go to zero. Diversification can help save your dollars from catastrophic losses. Even a country or sector is not immune to drastic fluctuations.

You may also want to consider your moral judgments when it comes to investing: do you want to invest in this country or that one? The major indexes are made up of many countries, so do a little research to understand where your investment dollars are flowing, what they are supporting.

Resources:

• FRDM Fund
• Freedom Investing

Find out more about Mike at https://www.mortonfinancialadvice.com and connect at https://www.linkedin.com/in/mwsmorton/