First, let me thank all medical professionals, EMTs, Police, Fire, Safety and Essential Service workers for their efforts to help the public.
Not to make light of any illness, my picture appeared on the front page of the Herald News of Passaic, NJ in ‘55 wailing my eyes out having just received my Salk vaccine for polio. Remember, it crippled FDR, perhaps the greatest modern POTUS and killed many.
The best short-term advice I can offer is stop watching the news, especially financial news, take a short dose daily if you must just don’t leave it on all day! Practice social distancing and follow the rules to prevent the spread. Maintain PERSPECTIVE and things will get better- just look at history.
“To buy when others are despondently selling and to sell when others are greedily buying requires the greatest fortitude and pays the greatest reward.”-Sir John Templeton
Going back to 1930, if an investor missed the S&P 500’s 10 best days in each decade, total returns would be just 91%, significantly below the 14,962% returns for investors who held steady through the downturns. – CNBC, March 7, 2020
If you are concerned with the current crisis or have questions,
PLEASE call or email me and I will reply expeditiously.
MY JOB IS TO BE HERE WHEN THINGS ARE BAD!