My 5 for Friday (March 6, 2020)

What are some beneficial ways to use your tax refund? How does emotion play into investment decisions? And how can you tell if your leadership is impactful?

All these questions and more are answered in this week’s My 5 for Friday.

  1. Coronavirus Has Spooked Global Markets. Here’s What It Means for Your Investments by Ian Salisbury. “Since the deadly coronavirus began spreading in China late last year, it’s sparked worries not just about health and safety but also about the global economy.” Check out this article from Ian Salisbury on how this virus could be affecting your U.S. and global investments.
  2. 10 Things to Do With a Tax Refund by Mary Hunt. There are many ways to put tax refunds to good use that won’t cause regret later down the road. Here, Mary Hunt offers suggestions on ways to use it as well as giving the reminder to “Plan now for how you’ll manage it or your refund could evaporate into thin air.”
  3. Don’t let panic drive your investment decisions. Here’s how to get a grip on your emotions by Michelle Fox. With the recent drop in the stock market, Michelle Fox reminds readers to not let their emotions get the best of them. Check out her reminders for how to approach drops in the stock market so you can avoid any rash decisions regarding your investments.
  4. The Gift of a Decline in the Stock Market by Eric Geiger. “A decline in the stock market is a gift for us Christians because it helps us evaluate how firm of a grip greed has on our hearts.” Greed, like any sin, can creep in without us realizing, so Eric Geiger points out how circumstances can often reveal these hidden sins, which is ultimately a gift. Check it out.
  5. 5 Ways to Tell If Your Leadership Is Impactful by Jada Edwards. If you find yourself wondering if your leadership is making a difference, check out Jada Edwards helpful self-evaluative questions to see if you’re primarily leading out of authority or influence. She reminds us that “You’ll gain more influence with humility than you will with authority.”

Please note: I reserve the right to delete comments that are offensive or off-topic.

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