6 reminders for clients about the COVID-19 downturn
Do nothing
‘To do nothing at all is the most difficult thing in the world, the most difficult and the most intellectual.’ – Oscar Wilde
Like other panicked markets in the past, this too shall bottom, and when it does it usually whipsaws higher. Missing that recovery would dramatically impact future portfolio values. As difficult as it is, we must seemingly do nothing at this point, while in reality, we are doing exactly what we should be doing.
Charles C. Weeks Jr., founding partner, Barrister Wealth Management