Over the past month we have seen tremendous volatility in global stock markets as fears of COVID-19 have risen. While the headlines have been dramatic, we would like to reassure you about your investment plan with Tandia.
We believe that, like all market downturns, this one will be temporary as we have already started to see positive indications of recovery as markets appear to have stabilized over recent days.
Tandia and our Wealth Management team, have closely watched the markets over the last several weeks and it has been evident that the global financial markets have reacted similar to the “crashes” that were experienced during previous outbreaks such as SARS (2003-2004) and H1N1 (2009). While markets and investors faced sudden and significant losses during those events, global financial markets and the economy rebounded after each of these global crises. There is a long history of market recovery after adverse times and with investors’ patience and steadfastness, investment portfolios have always returned to previous levels.