Expectations

April 8, 2020 - Published by IAG Wealth Partners

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I feel like it is March right now.

I really do not like March. Gritty snow piles, gloomy days, cold rain, and brown lawns have no appeal to me. It is like the calendar and weather patterns conspire to pack every environmental irritant I have into one singular month.

The only way I can slog through March is that I have higher expectations for April and May.

At the beginning of this week government officials warned us that the next two weeks could be the roughest two weeks of the COVID-19 pandemic in the United States, at least from a health standpoint. That may or may not be so. Time will tell. They are certainly trying to set our expectations low with the hope that reality will be better.

What are your expectations for the future?

Do you expect perpetual social distancing? Or will you be gathering with friends and family in the future?

Do you expect COVID-19 to plague the human race forever? Or will the scientific community develop effective treatments and vaccines?

Do you expect the 10 million American who filed for unemployment in the last two weeks are permanently unemployed? Or are they perfectly employable once the economic wheels start to turn again?

My expectations are toward optimism. Sure, March’s misery makes April and May relatively appealing, but there are still crummy days in April and even into May. What matters is that – even with those temporary setbacks – the trend toward happier summer days is irreversible.

I am hopeful that the COVID-19 health trend and its resulting economic pain will turn the corner in the next few weeks. I expect a growing number of warm, sunny days. And pretty soon it will feel like June.

P.S. Have you heard that the advisors and staff of IAG Wealth Partners are challenging our IAG family to help others through these tough times? We are matching your contributions to the Hunger Task Force up to a total of $25,000. Just make a donation to the Hunger Task Force and then let us know via our Facebook page or an e-mail so we can match your donation.

 

 

Quote of the week: Michael Jordan: “If you accept the expectations of others, especially negative ones, then you never will change the outcome.”


Securities offered through LPL Financial. Member FINRA/SIPC. Investment advice offered through IAG Wealth Partners, LLC, (IAG) a registered investment advisor and separate entity from LPL Financial.

Past performance is no guarantee of future performance. In fact, the opposite can be true. The information contained in this report does not purport to be a complete description of the securities, markets, or development referred to in this material. Investing involves risk including loss of principal.

Any opinions are those of IAG and not necessarily those of LPL Financial. Expressions of opinion are as of this date and are subject to change without notice. This information is not intended as a solicitation or an offer to buy or sell any security referred to herein. No strategy assures success or protects against loss. Investing involves risk including loss of principal.

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