YOUR QUARTERLY VIDEO REVIEW
Hear our thoughts on the previous quarter & your financial life.
Hear from our own, Justin Wren, CFP® with our thoughts on the markets and our commitment to planning in our latest quarterly client update video.
Quarterly Update - Q2 2020 - Blog Post
Re-Calibrate and RE-Focus
Hello everyone!
First, we want each one of you to know that we have been praying for you through these unusual and trying times. We have certainly seen and felt the financial and emotional impacts that have been occurring. This pandemic has impacted both the financial world and the emotional world, pushing people’s livelihoods to their limits, and this is left a lot of people asking: “What does this mean for me?” and, “What does it mean for the world?”
And although we still don't know the full impact of Covid-19 and what it's going to do to all of us - we do believe in the resilience of people all around the world. Without dismissing the tragedy that has occurred - many businesses have failed, and millions have lost their jobs – It is important to remember that people are resilient, and we will adapt, and we will change moving forward. And it's important to remember this as we try to translate all this information to our investment portfolios.
As Albert Einstein stated,
“Any intelligent fool can take a situation and make it more complex, but it takes a touch of genius and a lot of courage to move in the opposite direction.”
The current downturn had less to do with the successes or failures of our businesses, and had more to do with the fear of a virus spreading all over the world, and that fear impacted our markets in a very short period of time. It's times like these to remember that we need to invest intentionally. I'm sure you've all heard us talk about your “three buckets”. We want to make sure that we are taking time to address your short-term and mid-term goals first. And once we have those goals met and addressed, it can make it easier to invest in the stock market for the long-term and to go through those market ups and downs. Since your planning is based on the timeline of your goals, we don't need to make drastic changes when the market drops.
Remember, we plan for this. The good times and the bad.
The most successful investors are often the ones who can set aside their fear in times of crisis.
This is why you chose to partner with us - to help you stay focused on what is important - your lasting financial peace and success.
Thank you.
Disclosures: Financial advisors are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients. Member SIPC. Past performance is no guarantee of future results. Diversification neither assures a profit nor guarantees against loss in a declining market. Investing involves risks including potential loss of principal and fluctuating value. All expressions of opinion are subject to change without notice in reaction to shifting market conditions. This content is provided for informational purposes, and it is not to be construed as an offer, solicitation, recommendation or endorsement of any particular security, products, or services. Triune Financial Partners, LLC is an investment advisor registered with the Securities and Exchange Commission.