We hope you are doing well.
We must admit that one of the things that we believe makes this crisis tougher than others is that we are being asked to manage it through distance from people we normally reach out to for guidance or comfort – or simply that one person who is willing to listen. Social distancing from our families, friends, colleagues and yes, even our advisors, can be tough.
But we are certain we will overcome this crisis, as we have all the others – even if it means keeping a distance of six feet.
It is important that we remain connected, even as we practice social distancing. That’s why you’ll be hearing regularly from us while this volatility continues. This may be by phone, video conferencing or email.
As we watch the markets go up and down and read the increasingly negative headlines, it’s critical to understand that this is simply short-term noise when it comes to your financial position. Let’s not forget the work we did before getting to where we are now. We have long prepared for this possible event by making smart, responsible asset allocation decisions. We crafted a long-term plan and diversified your holdings for situations just like this.
We also want to highlight that this is a health crisis first and foremost. Given the strength of the economy before the crisis, some experts believe a recovery could be fairly fast and strong. No one knows for sure how long we might be in the current state, but we remain confident of where we will be in the future. We are monitoring the markets and your investments with great diligence to keep us well positioned for positive days ahead. Strong recoveries have followed all previous market downturns, and we are extremely confident that this time will be no different.
We like to think that the reason you hired us was to help during times like this. We are here to help you understand what is happening and why, and to share with you a calm, confident and informed outlook on this current crisis.
We’ll be in touch soon, and would love to hear from you!
|Roman A. Groch
||Kristin A. McKay
||Joann T. Klein
This newsletter was prepared by Roman A. Groch who is a registered representative of Investia Financial Services Inc. (a member of the Mutual Fund Dealers Association of Canada and the MFDA Investor Protection Corporation). This newsletter is not a publication of Investia Financial Services Inc. and the views and opinions, including any recommendations, expressed in this newsletter are those of Roman A. Groch alone and not those of Investia Financial Services Inc.
Investia Financial Services Inc. does not provide income tax preparation services nor does it supervise or review other persons who may provide such services.