You’ve doubtless heard the refrain countless times over the past couple of weeks. It’s good advice, certainly. We have seen the worst of what we become when societies are consumed by panic.
All the same, the advice can ring hollow. The world unfolding before us today is like the movies we spent money to be entertained by just weeks ago.
It is reasonable to worry. And one of the areas that consistently generates the most worry is money. It is reasonable to be worried about your money. That’s why we write this column.
How do you worry without panic? We ask this as our company fervently plans to fundamentally change our business operations, working from home, socially distancing, but also implementing plans to serve our clients remotely. For some period of time, our fundamental way of life, of which work is just a small part, will be altered.
Of course, there is the standard advice we give to all of our clients. Think long-term. Don’t let the headlines interfere with your goals by making you think short-term. Aim for diversification. If you have funds available, now might be a good time to buy...