A Rock in a Puddle

"Muddy water is best cleared by leaving it alone".

— Alan Watts

Leaving it Alone

Have you ever dropped a rock or stirred up a puddle of water to notice how murky it becomes? The more you poke it the worse it gets. The only way for the water to become clear again is to leave it alone.  

As humans we tend to think we should change something when it is not going well. However when it comes to stock markets history has proven over and over again that the worst time to make a change is during a crisis. 

Since the middle of February stock markets have been volatile and it could last awhile longer yet - even the rest of the year. Now that "the water is murky" is NOT the time to make a change. If you truly think selling your investments is the best thing to do - I will help facilitate this for you. However as an advisor I am advising you that based on history selling now is a mistake.

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What should you do?

1. Focus on taking care of your health. "Health is like money, we never have a true idea of its value until we lose it." (Josh Billings).

2. Wait for the "water to clear" (markets to stabilize), which could take awhile, then we can consider revisiting your risk tolerance and allocations to consider a change. Please do not hesitate to reach out if you have questions or would like additional information.

Matthew Bishop,

Investment Funds Advisor

The information in this newsletter is of a general nature and is provided with the understanding that it may not be relied upon as, nor considered to be, the rendering of tax, legal, accounting, or professional advice. Readers should consult their own subject matter experts for advice on the specific circumstances before taking any action. Although every effort has been made to compile this material from reliable sources, no warranty can be made as to its accuracy or completeness. The opinions expressed are those of the owners and writers only. It may contain forward looking predictions/statements that are subject to certain risks and uncertainties which could cause actual results to differ materially from those currently anticipated or projected. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus and/or fund fact sheet before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Mutual funds and some segregated funds provided by the fund companies are offered through Worldsource Financial Management Inc., sponsoring mutual fund dealer. Other Products and Services are offered through H&M Bishop Wealth Management.