In 2010, I released a series of videos with the help of my friend and audio/visual enthusiast, Ben Lewis, entitled Finance in 90 Seconds or Less. The attempt was to force me to encapsulate meaningful and substantive lessons in personal finance with the aid of a whiteboard in 90 seconds or less. I FAILED! We released 14 of these 90 Second Finance videos and I think no more than two of them fell under the 90 second allotment. Educational they may have been, but I called myself on false advertising.
So I’ve made a resolution in 2011 to continue the series, BUT to only release those videos that are, indeed, 90 seconds or less. (We’ll continue to produce some longer “feature” videos, like Making Financial Music, but the 90 Second series will carry this mandate.) So far, so good. We’ve recorded three videos and I’m batting a thousand! Here’s the first with three actions you can take to avoid panicking, even when market or economic news seems to call for it.