Richard Geist
Richard Geist
Richard A. "Rick" Geist is a former Republican member of the Pennsylvania House of Representatives for the 79th District who was first elected in 1978...
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It could increase people's anxiety, ... Extending the trading hours is going to keep them focusing on the market.
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These relationships can last for years if there's a sense of empathy on the broker's part, ... Clients leave a broker because of interaction that makes them feel terrible.
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Whenever you get a traumatic event happening in society, you tend to see certain reactions to it, such as irritability, depression, confused thinking and sleep problems, ... In that context, rational decision-making becomes very difficult. People tend to begin to let their thought processes be guided by their anxieties.
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Any relationship in which you're talking about money, like a broker/client relationship, is a powerful, emotionally-charged thing, ... Money is important because there are so many important connotations to it: self-esteem, security, self-confidence, power.
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If you have a long-term view of the market, this is one of the best buying opportunities we'll see for years to come, ... If you don't believe that, take a look at any stock market chart showing the past 60 years. Severe market retreats, which make everybody so anxious, look like tiny blips in an upward-spiraling market.