One commentator was sternly recommending against taking any money out of the market; instead, she said, if you had a investment diversification strategy that was working before, it should continue to work for you if you left it alone, giving your investments the level of stability you had before. Made sense. Made a note. Got to work. Turned the radio off.
At about mid-morning, an email came into my personal in-box from a LinkedIn Executives network I belong to and the theme was precisely the same as earlier on NPR but, instead of investment, they were taking about diversification of sources of income/revenue; the same principles were at play: if the strategy is sound, your income levels will survive through a crisis... What a concept! Instead of "Don't put all your eggs in one basket", it would make sense that you "Don't get all your eggs from one basket".
At that time, I realized I needed to re-start my efforts to establish and operate a coaching practice, based on the following tenets:
- Get my dream job
- Make that job portable/virtual
- Diversify the income
- See people bloom (my passion!)