These are extraordinary times. We have not experienced anything like we are experiencing right now with the COVID-19 outbreak. We must be diligent to do our part and take personal responsibility for ourselves and our families while doing the best we can to keep life as normal as possible, whatever that is.
Here’s what we are doing at Issler Group to mitigate the risk of exposure, and spread of the virus. We are still open for business. Nothing has changed, and we are here to support you with guidance as we navigate our reality. What has changed is the methods we use to provide that guidance and support.
For the time being all in person meetings are suspended, including staff meetings. Instead, all in-person meetings will be conducted on our web-conferencing platforms. Email, and our chat feature through our website are other great ways to maintain support.
No doubt there will be financial impacts for us all, myself included. For some, there will be an interruption of income. The first thing we often think about is cashing in some of our savings to weather the storm, in my experience the first thing we think of is not always the best thing to do.
If you find yourself in this position, please reach out early so that together we can explore all of your options. The longer you wait, the more your options become limited, often with greater financial impact
There are already supports being announced by the government, and others to help mitigate the interruption of income. We are working hard to compile a list of resources that are available for you, and will post them here for easy access.
Some are concerned about the impact of the market volatility on long term investments. We are monitoring this closely with our portfolio management partners, and are in contact with them on a daily basis. As you can imagine there is a wealth of information out there, and the best thing to do is to keep your long term perspective and not make any drastic decisions that will have long term implications.
In closing, we will get through this together. If you are feeling financial stress, and are not sure what to do, let’s talk. We are here to guide you and support you, whether you are a client or not.