Allon Planning

November 16, 2022 | Reading Time: 2.0 min

What 2022 Has Taught Us

By Brittany Hagy

What a roller coaster 2022 has been! Whether it’s at the gas pump and grocery store or in your 401k’s and investments, we’re all feeling the squeeze of current economic conditions.

Interest rates were raised again in November making this the fourth rate hike of 2022. Inflation is still high, currently sitting around 8.3%. Markets have certainly been unstable, and considering the many pressing factors, it’s yet to be determined how the markets will respond in the days ahead. How will economic patterns look in 2023 and beyond?

It’s difficult to predict, but we can all acknowledge turbulence will likely continue. This uncertainty can bring feelings of fear and anxiety, but yet, there is good news! You do not have to live in that fear. Strategic financial planning can help to combat the financial concerns and instability you experience during uncertain financial seasons.

With that in mind, this year has taught many lessons about things we can and cannot control. Let’s learn from these lessons and ease the financial pressures that weigh so heavily on us all.

First, you may not be able to control what the markets do – but you can control how your investments are positioned. Many people are taking too much risk too close to retirement. Those on the younger end have time on their side, but if you’re in the retirement red zone, the way your investments are positioned during times of volatility can make all the difference.

Second, it is impossible to avoid all risk. If you invest, you experience market risk. If you hold your funds in cash, you experience inflationary risk. Yet with proper planning and purposeful strategies, you can control both the type of risk and amount of risk you take.

Third, so much in life is unpredictable; so choose to plan for the unexpected. Plan for your future, save and invest. Yet also choose to invest in and value the people around you. Your investment accounts are certainly important, but it’s the people in your life that make you truly wealthy.

This season, choose to plan. Choose to give. Choose to love, and choose to live with gratitude. Because when you do, you choose the better way.

Investment advisory services offered through Foundations Investment Advisors, a registered investment adviser ("Foundations"). The commentary on this blog reflects the personal opinions, viewpoints and analyses of the author, Jay Hagy providing such comments, and should not be regarded as a description of advisory services provided by Foundations or performance returns of any Foundations client. The views reflected in the commentary are subject to change at any time without notice. Nothing on this website constitutes investment, legal or tax advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Personal investment advice can only be rendered after the engagement of Foundations for services, execution of required documentation, including receipt of required disclosures. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Foundations manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the commentary. Any statistical data or information obtained from or prepared by third party sources that Foundations deems reliable but in no way does Foundations guarantee the accuracy or completeness. Investments in securities involve the risk of loss. Any past performance is no guarantee of future results. Advisory services are only offered to clients or prospective clients where Foundations and its advisors are properly licensed or exempted. For more information, please go to and search by our firm name or by our CRD # 175083.