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Coronavirus, the markets and more

Posted by Shanna Tingom on 3/16/20 1:06 PM
Shanna Tingom
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If you've been paying any attention to the news the last few days, they've been reporting a play-by-play of the market movement, the spread of the coronavirus, and more.  But - should you care what the markets do each day?   And more importantly, should you panic?  I recently read a great synopsis of what's going on in the markets that I wanted to share with you.  It's from Russell Investments, and written by Paul Eitelman.  You can read the full synopsis HERE, but I wanted to quote the subscript from it to illustrate WHY we should not panic.  "Recent days have emphasized all-too well the important role that a well-constructed and well-diversified multi asset portfolio can play to help investors still meet their objectives while weathering unforecastable events like this virus. Remember that a multi-asset portfolio was built specifically to withstand market turbulence, and that fairer skies are likely ahead...markets will likely recover when investors think the impulse of new coronavirus cases has peaked."

And, if you've logged in over the last few days to see how your investments are doing, you may have noticed your investment accounts looking a little strange.  On Monday, we started a major upgrade of eMoney, the technology that we use for your portals.  MOST of the issues have been resolved, but some account are still appearing twice.  We will be resolving these issues on our end over the next few days.  If you have the website book marked, you should change that bookmark to THIS one.  This link will also reside on our client website, which also includes helpful support articles, and the ability to chat with us and schedule appointments, AND MORE!    Remember the password is HFS2020.