Sometimes in a crisis situation we can forget why we ever chose to do something – an investment in a diversified portfolio of stocks during the Covid-19 pandemic could be one of those moments. We are big believers in the benefits of owning stock in a well-diversified basket of stocks. We are equally aware and understand that stock investments do not always generate positive returns, be that on a daily, weekly, monthly or annual basis. However, when time is added to the investing equation, the results are almost always very attractive. The above chart compares an investment in a savings account vs. an investment in an Exchange Traded Fund (ETF) with the symbol of SPY – a basket of 500 stoc
We have entered a Shock and Awe phase of the Corona Virus – that which was an ocean and more away from us is suddenly here on our doorsteps. Sporting events that seem to be so critical to our existence – March Madness, the NBA, Baseball, Hockey are now suddenly postponed or canceled. Schools, churches, concerts, events and so on are all being temporarily closed. Social Distancing is the new politically correct term for “keep your distance”. While the virus threat has been ever lurking – it is now pounding on our doors and seems to have an insatiable appetite. Sometimes when the unknown so dramatically enters our lives we knee-jerk response to the fear associated with uncertainty and we
