March markets closed above their lows, recovering some of the mid-month unprecedented drop. March took us into bear market territory dropping over 20% from the February 20 high.
Stock positions will initially bolt back from very low-price opportunities and recover more rapidly than bonds. At some point over the coming months we may recommend increasing stock positions to help accounts recover better.
As an annual reminder, you may request a printed copy of our Disclosure Brochure and Privacy Policy. The Disclosure Brochure is part of our State Registration as Investment Advisor. It is updated annually and posted on our website. Regarding our Privacy Policy, we secure your information in our office, both paper and digital records, and release it with your expressed permission or as required by law.
Provisions in the CARE Act release those required to take Required Minimum Distributions from IRAs from doing so in 2020.
Activity in the garden this spring runs as usual, oblivious to the stress in the human world. Once again the earth softens and colorful new growth almost bolts from the flat ground. Songbirds chorus the early light while peepers usher in the night. The momentary magic can be missed in anxious times. Noting this constant repeating pattern is comfort to our sense of loss of our normal world. These potent signs remind us of the surge of life returning after enforced dormancy. A community effect of ritual.
