Jason Glisczynski. (Contributed)

Column: How successful business leaders handle financial uncertainty

By Jason Glisczynski

In recent years, we’ve all been reminded that the financial world can be unpredictable. For instance, in 2022, both the S&P 500 and ten-year Treasury notes saw losses over 10% – a rare event. We can’t predict the next market surprise, but history shows unexpected turns are part of the journey.

Let’s learn from the savvy strategies of successful investors who know how to protect and grow their wealth during tough times. They mix smart, everyday actions with a consistent and disciplined approach to come out ahead.

Action Steps for Navigating Financial Dips:

Remember, these strategies might not fit everyone. It’s about picking what works best for you, possibly with professional advice. Here are some methods successful people use:

  1. Know the Facts: In uncertain times, it’s easy to panic. Stay calm by focusing on the facts, like how bear markets are rare and recoveries can be swift.
  2. Manage Emotions: Don’t let fear cloud your judgment. Use logic to question your worst-case scenarios.
  3. Smart Gifting: Use downturns to gift assets in a tax-efficient way, potentially setting up a stronger financial future for your beneficiaries.
  4. Adjust Core Strategies: If needed, use market lows to make big changes in your investment approach, possibly saving on taxes.
  5. Spot Undervalued Assets: Like shopping for deals, look for undervalued investments, from businesses to real estate.
  6. IRA Conversion: Consider converting traditional IRAs to Roth IRAs during downturns for tax benefits later on.
  7. Catch New Trends: Stay alert to how big events shift investment winners and losers, positioning yourself accordingly.
  8. Reflect on Goals and Values: Use turbulent times to reassess what’s most important to you and your family, possibly leading to changes in your financial strategy.

Having enough cash or “dry powder” is crucial for reducing stress and acting quickly on opportunities. Preparing for downturns by building a cash reserve is often a smart move.


The strategies used by the financially successful aren’t secret codes—they’re about being ready, staying calm, seizing opportunities, and considering if changes are needed. These steps, along with professional advice, can help us navigate uncertain times confidently.

Jason Glisczynski is co-owner and principal advisor for Silvertree, LLC.  He is a CERTIFIED FINANCIAL PLANNER™ Professional and a Certified Private Wealth Advisor Professional, and specializes in working with business owners, executives, and workers in manufacturing.

Investment Advisory Services offered through Brookstone Capital Management (BCM) LLC, a Registered Investment Advisor. Silvertree, LLC and BCM are separate companies.  Visit www.silvertreeplan.com for more information.