In Regards to the recent market volatility:
What a difference 10 days makes in the market. A little over a week ago, we were celebrating record levels on the S&P 500. By now we all are familiar with the Coronavirus that originated in China and has spread to various areas of the world. 2019 was a fantastic year but we wanted to make sure that we are keeping an eye on the financial markets.
I personally want you to know that my team and I are keenly watching over your investments. We take our role as Financial Advisors very seriously and are here to provide insight and coaching through this volatility. Over the past 20 years we have navigated the markets through similar events. There was SARS in 2003, H1N1 in 2009, and Zika in 2015, and we will never forget September 11, 2001 and the 2008 and 2009 Great Recession. We helped clients through those times and will assist you in working through this most recent event and will continue to do so as future events will surely emerge again to test our emotional resilience and discipline.
We recognize this event is causing short-term pain in the market. I am thankful that you have entrusted my team and me. We will always do what is best for you and your finances, regardless of the emotions that are involved. We will continue to focus on long term investing to help you reach and maintain your goals. Please contact any one of your financial advisors at Hall Financial Advisors if you need further clarity.
Thank you and we will continue to keep you informed.
Chris Hall, Managing Principal
Hall Financial Advisors, LLC