We continue to grapple with an economic crisis forged by an even more emotionally devastating pandemic. As if these twin disasters weren’t enough, our country’s cities are now buffeted by unrest resulting from a terrible injustice. And yet… as the markets rebound and the economy reopens, we are reminded–even in the midst of great turmoil and uncertainty–of our innate resilience. As a people, we have always surged past sudden bumps in the road, conquered unprecedented challenges and overcome seemingly insurmountable political differences. We simply seem to find the way. Just look at how the Federal Reserve has stepped in and helped bolster the markets by taking measures that even outpace its 2008-09 response. A deeply divided Congress did the same with a fiscal stimulus package. And we can all take comfort in the prospect of state re-openings, which will reemploy furloughed workers, help stabilize the economy, and set the stage for a possible economic rebound later in the summer.
“As human beings we all want to be happy and free from misery… we have learned that the key to happiness is inner peace. The greatest obstacles to inner peace are disturbing emotions such as anger, attachment, fear and suspicion, while love and compassion and a sense of universal responsibility are the sources of peace and happiness.” —Dalai Lama
How should individuals and families protect and grow their wealth when faced with recurrent cycles of major disruption followed by inexorable resurgence? With focused, strategic planning. Since the health and economic crises began, we have provided educational planning pieces that address the COVID-19 crisis and its impact on your finances. At The Kelly Group, we hope you recognize that you are not in this alone. We ask that you visit our website, www.kellygrouponline.com or Facebook Page on a regular basis for updates and articles, and we welcome the opportunity to address various issues with you. If you have questions or concerns, let’s have a conversation. That’s what we are here for.
Stay Safe and Healthy, and May God Bless You and Our Community.
Bryan E. Kelly, CFP®
Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a Registered Broker/Dealer, Member FINRA/SIPC. Advisory services offered through investment advisor representatives of Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. The Kelly Group and Cambridge are not affiliated.