Dear Client:

Given recent volatility in the financial markets we want to provide clarity and insight surrounding the development of the coronavirus.

We have been anticipating a market correction for quite some time now. Our recent reallocations reflect a sensitivity to elevated valuations and a more defensive stance. These events remind us of one of our favorite quotes from the great Warren Buffett “be fearful when others are greedy, and greedy when others are fearful”. Long term investors get rewarded for exhibiting discipline and patience.

Please click HERE to take an in-depth look at the facts surrounding the coronavirus to this point.

We thank you for your continued confidence.

David W. Demming CFP®
David W. Demming Jr. CFP®
Karen Bordonaro CFP®
Patrick Justice CFP®
Kevin Coholan CFP®