Today was another roller coaster ride for market performance, government stimulus and personal emotions. We know that during times like this it can become increasingly difficult to remain calm and stay focused on the big picture. We wanted to share a video of Burt White that addresses dealing with market volatility in a light hearted way. Burt White is Managing Director, Investor and Investment Solutions, Chief Investment Officer at LPL Financial. Mr. White is regularly sought after to speak to the national media—including CNBC, Fox Business, Bloomberg, and others.
In this video Mr. White addresses market volatility using the instructions from the Peace Corps manual for surviving an anaconda attack.
In other news, we completed our first day of operation after enacting our business continuity plan to remain operationally functional for those we serve while also complying with the recommendation to limit social interaction in an attempt to slow the spreading of the coronavirus. We are proud to report that everything went as planned!
Advisors Anthony Slezak and William Urbanik worked at the office today on various tasks and handled some time sensitive meetings while our other advisor, Jessica Marazza, worked from home. We were in constant communication throughout the day using our web based phone system and platforms. The rest of our team worked privately from their homes with calls being routed between them using our internet based VOIP system. When they needed to include another team member calls were easily forwarded just as if they were down the hall.
I hope you find comfort in knowing that your wealth management team is prepared to carry on its mission regardless of external factors beyond anyone's control. For now, we will continue to operate in this capacity, without any operational limitations, to do our part as a member of this great community while remaining connected and ready to serve your needs and interests as they occur. Be sure to check out our blog at https://www.shcwealthmanagement.com/blog and social media pages for a variety of timely articles and data provided by LPL Research and your team at SecondHalf Coach Wealth Management.
Thank you for your continued loyalty in this firm and faith in our abilities. Eventually these clouds will clear and the sun will shine once again on this great nation and its people.
Have a good night!
William Urbanik, Anthony Slezak, Jessica Marazza
SecondHalf Coach Wealth Management
2519 Ligonier Street
PO Box 421
Latrobe, PA 15650
Securities and advisory services offered through LPL Financial, a registered investment advisor. Member FINRA/SIPC.
This material is for general information only and is not intended to provide specific advice or recommendations for any individual. There is no assurance that the views or strategies discussed are suitable for all investors or will yield positive outcomes. Investing involves risks including possible loss of principal. Any economic forecasts set forth may not develop as predicted and are subject to change.
References to markets, asset classes, and sectors are generally regarding the corresponding market index. Indexes are unmanaged statistical composites and cannot be invested into directly. Index performance is not indicative of the performance of any investment and do not reflect fees, expenses, or sales charges. All performance referenced is historical and is no guarantee of future results.