Previous | How to protect yourself against money mule scams Next | Watch out for unemployment scams
June 02, 2020 / The Merrill Anderson Company
Emergency Response in today's financial markets

Emergency Response in today's financial markets

There are no simple solutions in today’s financial markets.

We are in an unprecedented situation, with economic distress that we are struggling to understand. It really is different this time for the financial markets. We’ve seen breathtaking global market contraction and unprecedented government reactions, including extraordinary new federal spending. Uncertainty about the course of the pandemic hangs in the air over everything.

image related to article content“Don’t panic” may sound soothing, but it is not an investment plan. We can’t offer you a panacea for these circumstances, and you should beware of anyone who says that they can. Events may force fundamental changes in our global financial and supply chain infrastructure. The “new economy” will take time to develop. In the meantime, we invite you to work with us to ride out this financial storm.

We do have faith that the markets will, ultimately, stabilize again. We don’t know how long that will take, however. Whether you already have an account or trust with us, or that relationship is still in our future, we invite you to talk with us about your concerns. We are here for you.

Staying ready
We can’t know when stock prices will reach their low point, just as we can’t predict when the corner will be turned on the pandemic. But when that low point is reached, stocks may represent the investment opportunity of a lifetime. The Federal Reserve and governments at all levels will be working overtime to restore the economy. When they succeed, that will be reflected in the stock market indices.

Rapid trading — trying to get into and out of the market during periods of extreme volatility — may be hazardous to your wealth. A longer-term focus has a higher probability of success. In that regard, if you continue with a program of saving for your retirement, such as in a 401(k) plan, you will be purchasing more assets at lower cost.

Staying optimistic during a crisis such as a pandemic is hard; it is a test. But America has come through worse tests and lived to prosper.

The value of trusted advice
Today’s investors have more choices than ever for managing their investments, including doing it themselves. In the internet age, access to extensive information and sophisticated tools can make everyone feel like an expert.

But not everyone really is an expert.

If you would like to learn more about “fiduciary duties,” we will be pleased to meet with you at your convenience.

To get in touch with a member of our Investment & Trust Services Team - CLICK HERE


(April 2020)
©2020 M.A. Co. All rights reserved.

Recent Articles
Four tips to getting approved for a credit card
Four tips to getting approved for a credit card

Four tips to getting approved for a credit card

December 16, 2020 / Cynthia Marconi

Five Reasons for a Trust
Five Reasons for a Trust

Five Reasons for a Trust

December 16, 2020 / The Merrill Anderson Company

Planned giving in 2020
Planned giving in 2020

Planned giving in 2020

December 07, 2020 / The Merrill Anderson Company

Stock Splits 101
Stock Splits 101

Stock Splits 101

November 18, 2020 / Warren Hurt

Three ways to protect yourself from stimulus scams
Three ways to protect yourself from stimulus scams

Three ways to protect yourself from stimulus scams

October 15, 2020 / Ray Wills

What does the federal payroll tax deferral mean to you?
What does the federal payroll tax deferral mean to you?

What does the federal payroll tax deferral mean to you?

October 06, 2020 / Shelby White

Interest Rates 101
Interest Rates 101

Interest Rates 101

September 24, 2020 / David Bimler

Work-from-home scams and how to avoid them
Work-from-home scams and how to avoid them

Work-from-home scams and how to avoid them

September 10, 2020 / Ray Wills

Unsecured or secured loans: What's best for you?
Unsecured or secured loans: What's best for you?

Unsecured or secured loans: What's best for you?

August 24, 2020 / Dave Bimler

Join our e-newsletter

Sign up for our e-newsletter to get new content each month.

NOTICE: YOU ARE LEAVING F&M TRUST!

You are now leaving the F&M Trust website. Links to third-party sites are provided for your convenience. Such sites are not within our control and may not follow the same privacy, security or accessibility standards as ours. F&M Trust neither endorses nor guarantees offerings of the third-party providers, nor is F&M Trust responsible for the security, content or availability of third-party sites, their partners or advertisers.