As I write this, the stock market is taking a major nosedive which means that many are selling parts of their portfolio to manage the risk of what looks to rapidly become a global trade war with tariffs flying by left and right. The challenge of that behaviour is that it assumes that you know when to step out of the market and when to step in again. Research shows that people that behave in this way tend to miss the upswing when the market turns around and typically sell too early or too late. Also, it shows that people that stay put over time have the highest return. Staying the course seems to be the best strategy. I think that this principle applies to most of our lives: it is easy to act instinctively, based on fear, and take big decisions without properly evaluating the primary, secondary and tertiary effects. Of course, blindly continuing as you have always done also is a recipe for disaster. So, as you are considering some major decisions in your life, don’t act instinctively nor avoid these indefinitely, but rather take a systematic and structured approach to reaching a decision and executing on it.