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How Markets Behaved in Past Significant Virus Outbreaks
Learning from how past viruses impacted investing is critical to figuring out how to respond to this situation. Bottom line, market sell offs were short term and followed by a stock market recovery. Maintaining discipline over years and not months will allow your strategies to work and get through this current market sell off. Yes, all our day to day lives have been impacted which creates anxiety. However, these extreme actions are exactly what is needed to contain the virus which will help mitigate its true impact.
All advice is offered through: MPS LORIA Financial Planners, LLC, a registered investment advisory firm. Securities offered through: LORIA Financial Group, LLC, a registered broker dealer; member FINRA & SIPC. Please read all investment material carefully before any investing. It is important to consider all objectives, risks, costs and liquidity needs before investing. Please contact an investment professional for a copy of any investment’s most recent prospectus. MPS LORIA Financial Planners, LLC and LORIA Financial Group, LLC do not provide tax or legal advice. All information provided is for informational purposes and it is at the sole discretion of the client on how or if they proceed with any implementation of such information. As it pertains to tax or legal topics the client must discuss with their CPA or attorney before proceeding. MPS LORIA Financial Planners, LLC nor any of its affiliates, members, directors or employees can be held responsible for use of information provided. While reasonable efforts are made, information provided is not guaranteed to be accurate. This report is intended for the exclusive use of clients or prospective clients of MPS LORIA Financial Planners, L.L.C. Content is privileged and confidential. Dissemination or distribution is strictly prohibited.