To Our Valued Clients;

 With the continued increasing news and concern with the COVID-19 coronavirus, oil price wars between Russia and Saudi Arabia, and the challenges it is imposing on the overall stock market, we wanted to reach out to our clients and friends.

 During these coming weeks and months, we want you to know that your wellness, safety and of course financial health are on the forefront of our minds. Please be assured we take the management of your hard earned retirement savings and investments very seriously and understand these can be scary times for many people.

 Though it can be difficult to focus on the long-term at times like these, we believe from the resources we have been talking and listening to that this is one of those situations, like ones in the past, where eventually we will look back and see this as minor setback in an overall long-term investing strategy. We understand that envisioning that point in the future is not easy right now. It was hard to see anything positive about 2008 and 2009 when we were in the middle of the last crisis and very few could envision the emergence of a positive market coming out of that period. But it did, just like it has done following many other market disruptions. 

 We don’t know and quite frankly nobody knows exactly when this market will find a bottom and reverse course. There is a lot going on right now as you know. But, our confidence in the long-term fundamentals and prospects for the US economy and corporate America remain strong. This is not a financial crisis like the one in 2008. We have strong beliefs we will get through this and the long term outcome will be positive. We continue to believe patience will be rewarded.

 At the outset of our relationship, and through the years, we have always tried our best to design an investment portfolio that was suitable and tolerable to your risk level. It’s very possible you might be second-guessing how strong your stomach is to handle what is going on right now. We understand that. If we haven’t personally spoken to you and you would like to discuss your individual situation, please reach out to us. We don’t have our head in the sand trying to pretend what is going on is not happening.

 We are happy to visit with you and address your individual concerns, if any. You are our clients and friends and we are available by phone or for personal one-on-one appointments. Please stay safe and healthy.

 Sincerely,

 Paul D Schrette, President

Joseph V Lee, Vice President