Middle of March Update
Our Thoughts on the Current situation:
Well, it’s been an interesting few weeks! We have seen some of the largest (some history making) single day moves in the market—- both UP and DOWN. I had a few things I wanted to share with you now that I’ve had a chance to catch my breath over this past weekend.
…This leads me to a couple of “Financial 101” points for your consideration. Do you have an emergency fund?? 3-6 months of expenses is what I’m always preaching. If you have some interruption in employment, that’s why we have the emergency fund!!——- Do we need to make some of your investments more readily available to help you fund that? —— Do you have enough canned goods/frozen food, basic medicine, etc. to get you through a couple of weeks of staying at home?? If not, it might make sense to do so...just in case? We should all consider taking a few extra common-sense precautions, but not panic. That won’t help at all.
I appreciate you and we take the trust you’ve placed with us seriously. Remember—- Buy low, Sell high.
Talk to you soon--
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