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The Ocean Wealth team at PI Financial is carefully monitoring the novel coronavirus (COVID-19) outbreak. We have been proactive in implementing an action plan to prioritize the health and well-being of our clients, our staff, and their families while ensuring business continuity during these challenging times.

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Over the last week, the financial markets have taken a significant downturn over the fears surrounding the Coronavirus. The S&P 500 had its worst weekly drop since the financial crisis in 2008, after setting all-time highs the previous week.¹

Of course, investors are nervous about their money. If you are concerned with your portfolio, you’re not alone, however during times of market volatility, it’s important to stay objective and not emotional - and yes that is hard to do.

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