Our phone is ringing literally at a pace that we are having difficulty keeping up with. These calls are not our current clients. They know that they are ok. It’s calls of fearing the unknown. Yet, most of them say these 3 things:
• “I’m going to wait it out.”
• “I’m in a holding pattern until I see what is
going to happen.”
• “I want to wait until my money comes back.”
Caution is always advised when investing or making money decisions, however… MAKING NO DECISION IS A DECISION!
No one knows what is going to happen in the market with the virus scare because this is unprecedented. However, we can draw on other market crashes to see what usually is the result of the stock market digestion of uncertainty.