Many of my clients are concerned about the state of our economy. I am worried too, and I’m betting some of your wheels are turning constantly. In the midst of uncertainty, it is only natural to feel off-balance and a bit insecure. It’s hard to make solid decisions when so much is up in the air.
Clients need guidance determining what to keep, sell, or donate at a time when the secondary market is so poor. How do you go about getting top dollar for an heirloom in an economy like this? You don’t, unless you have something incredibly extraordinary and high-end that people are willing to dig deep into their pockets to obtain.
Some will decide to hold on to possessions, often going to the trouble and expense of storage; I don’t think that’s a viable option. They think the longer they hold onto it, the more valuable it will become. Most of the time, the answer to that is “not necessarily so.” Storage will eat up and surpass the worth of what you put in there. If you don’t move it into your home right away, I don’t recommend storage. That’s a sign you don’t need it.
Others want stuff gone immediately and sold, never to be dealt with again. They sense the economy will get worse and not improve. They feel it’s better to get what you can now, then nothing at all when things really get rough — if they get rough.
All of these different ideas, opinions, and theories everywhere you look, yet they all have one common denominator: concern and worry. It can really wear on you too, if you’re not careful.
Here is another excerpt I found from my late mother’s writings. It lead me to write this blog, because so many of us are in the same boat. My mother may have read it somewhere and liked it so much she copied it. I hope you find it as inspirational as I did. How did she know I needed to hear these words? Maybe you need them too.
“When you come to the edge of all the light you know, and are about to step off into the darkness of the unknown, faith is knowing one of two things will happen: There will either be something solid to stand on, or you will be taught how to fly.”
©2014 The Estate Lady®
Julie Hall, The Estate Lady®, is the foremost national expert on personal property in estates, including liquidating, advising, and appraising. http://www.TheEstateLady.com She is also the Director of American Society of Estate Liquidators®, the national educational and resource organization for estate liquidation. http://www.aselonline.com.
No part of The Estate Lady® blogs, whole or partial, may be used without Julie Hall’s written consent. Email her at Julie@TheEstateLady.com