As you are well aware due to the increased volume of emails that you have received from the team at Impel Wealth Management, we are striving to be very proactive in communicating with and serving our clients during this time of market volatility and dislocation.
Among the various phone calls that we have received over the last couple of weeks, one was from Teresa Murray, a personal finance writer for the Cleveland Plain Dealer. She wanted to get my thoughts on the recent market downturn and the impact of the coronavirus on the economy, both in the near term and in the future. I was pleased to be one of several advisors that were quoted throughout the article on Tuesday, March 10th.
In case you did not get a chance to see the article, here is the link. We are glad that we are viewed as having the experience and wisdom that allows media in the area to reach out to us during unsettling times like this. (Or, maybe it just means that I am getting older and have seen a lot in my 30+ years as a financial planner).
We know that many of you have friends and family that have questions and concerns during times like this. Many of them do not have the benefit of a relationship with a trusted advisor, or they may have an advisor that is not being proactive in reaching out to them. If you know of someone in that situation, please feel free to forward any of our Weekly Market Commentaries or Investment Committee Updates to them. Also, please let them know that we are available to help answer their questions or concerns, should they need help.
Zig Ziglar once said "If you help enough people get what they want, you will get what you want." Whether you call that sowing and reaping, what goes around comes around or just plain karma, we are true believers in this maxim, and we want to do everything we can to help people with their financial questions and concerns.
We look forward to continuing to help you, our friends and clients navigate these choppy waters to get to your ultimate destination. Please let us know how we can help. Have a great day.
*Investors cannot directly invest in indices. Past performance does not guarantee future results.
*Investments in securities do not offer a fix rate of return. Principal, yield and/or share price will fluctuate with changes in market conditions and, when sold or redeemed, you may receive more or less than originally invested. No System or Financial planning strategy can guarantee future results.