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Market volatility can be hard. We are paying attention and we are here to help.

We also know that sometimes the best way to stay calm is to tune out the chatter. Because of that we don’t want to flood your email with updates during volatility but want you to have the information you want, when you want and need it the most. That’s where this page comes in. Please use it for reference, and know that when we have good, relevant information we will post it here.  To schedule a call to talk about what all of this means for you, click HERE.  

What a wild ride this week!

March 16, 2020 BY Shanna Tingom, AAMS®

WHEW!  I think I have whiplash after this week.  I’ve been an advisor for a very long time, and I’ve never seen anything quite like this.  BUT, there have been a number of short-term periods in the..

Recent history with stocks and viruses is that markets overreact leading to significant buying opportunities along the way. Over a 38-day trading period during the height of the SARS virus back in 2003, the S&P 500 index fell by 12.8%. During the Zika virus, which occurred at the end of 2015 and into 2016 the market fell by 12.9%. There are other examples, but they all passed, and the market recovered and hit new highs. Will this happen again? Our view is that it is highly probable.*

So, why the drastic up and down see-saw this week?   Individual and institutional investors couldn’t really reconcile the BAD news of the spread of the virus with the “good” news of Biden’s Super-Tuesday win and the Democratic race narrowing.  Biden is widely considered a more moderate candidate than several of the others, and more moderate candidates are considered more economically favorable. 

And, what’s ahead?  I wish I knew.  But if this health crisis is like almost ALL of the others (with the exception of the HIV/AIDS Crisis) the period of time following the initial period of panic will be good.  You can see why I feel this way by downloading the comparison HERE.  As you can see:

6-month change of the S&P 500 Index following the start of the epidemic was positive in 11 of the 12 cases, with an average price return of 8.8%.**

12-month change of the S&P 500 Index following the start of the epidemic was positive in 9 of the 11 cases*, with an average price return of 13.6%**

This is why I DO NOT advocate selling out of fear.  This is, however, a GREAT time to buy!  And, any dividends and interest that you get that reinvests during this time will buy you more for your money. 

An update on eMoney:  As you may know – we started a major upgrade to that software at quite possibly the worst possible time, but once we started, we had to finish it.  What does that mean to you?  Logging in to view your accounts on eMoney you might still be experiencing: 

  • Problems logging on
  • Duplicate accounts showing
  • Missing accounts

We are proactively reviewing all accounts daily to resolve these errors.   Please email danielle@heritagefinancialaz.com if you notice these things and we’ll make a note of it.  If you have issues with logging in, she can also help you. 

I know this is a scary time in the market and in our economy.  I’m always here if you need me! 

*First-Trust Economic Report, Time to Fear Coronavirus? 2/25/2020**First-Trust Epidemics and Stock Market Performance since 1980

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Coronavirus, the markets and more

March 16, 2020 BY Shanna Tingom

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..

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.  

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