In today’s show Jason and Alex start by reminding listeners that in this time of Easter and Passover many people find themselves in a very strange situation. Holidays like these are ones that many of us are accustomed to being together for, and unfortunately many of us can’t this year. One of the positive things that we hope to come away from this with is a much stronger sense of appreciation for sharing these kinds of experiences with one another. We will not take them for granted in the future. On January 11th China state media reported the first known death from what was then an unknown new virus. On January 30th the World Health Organization declared COVID-19 a global health emergency. Since then investors have been on the rollercoaster ride of market swings in the double-digits. Daily! On February 19th the S&P 500 hit an all time high of 3386, dropping by 34% to the most recent bottom on March 23rd. A mere 14 (market) days later (April 9th) it’s up over 25%. Other major indices like the Dow Jones and MSCI All World index were right in line with similar numbers. Jason shares with listeners what The Financial Detox Team at Intelligence Driven Advisers (IDA) was doing before, during and after these major milestone dates. As history unfolds it is more important than ever to have an evidenced based investment philosophy backed by a consistent, measurable process to implement, monitor and execute upon. The team’s mission is “To Steward True Financial Peace of Mind For All”. In this vein IDA is making a bold offer; free investment management and financial planning to all new clients for six months. More details on this offer can be found here. Free Portfolio Management 6 Months. If there was ever a time to evaluate your financial plan and investment strategy, it is now!
In this show you will learn about:
– What the IDA Client Experience is like (Free for six months!)
– What our team was doing for investors before and during COVID-19
– What we will be doing for investors after COVID-19
– How quick markets swing; 28% in 14 days!