I hope you and your family are coping well with the government restrictions and remain safe and healthy.
Many of you may be isolated at home while for others you are facing difficulties in continuing to run your business.
We want to offer any appropriate support whatever your current position and we are fortunate that our team has all managed to successfully work from home with our IT links and telephone systems operating as normal.
Since our last communication the global financial markets have stabilised to some extent with the FTSE 100 index rising by around 450 points or approximately 8.5% over the last 3 weeks. We do not believe this is a clear indication that the worst is over for investment markets and our strategy is still to sit tight for those of you who remain invested.
We continue to believe the markets will recover from this crisis and it remains appropriate not to overreact to financial news. Some of you will no doubt remain fearful of further falls while others may consider there are buying opportunities. We suggest that you ignore most of the sensationalist reporting in the news and focus instead on your long-term plans and needs.
A number of you will have your regular planning reviews scheduled with us for the next month or two and we would encourage you to take part in these where you are able to. We have already held a number of client reviews via Zoom which has worked well and it’s fascinating to see the various back drops our clients have – impressive bookshelves, stylist wallpaper or last night’s washing up!!
As financial planners we are here to support you through this period and would urge you not to hesitate to contact us if you have any questions or concerns about your finances.