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So, this is our video for April Fool’s Day 2020, and there aren’t going to be any April Fool’s jokes in this video, I can tell you that right now. This is not the time for it. I will tell you that if you suddenly hear my dog barking in the background, it’s the nature of having to work at home, so I apologize in advance if that happens. One other thing is I just got a haircut here a couple days ago at home.
Hello. I’m Ken Moraif, Senior Retirement Planner and Founder of Retirement Planners of America, and this is our market alert video for the week ended March 20, 2020. This was not a pretty week on the markets. The S&P and Dow were both down over 10% for the week. The continuing damage that we fear is going to happen to the economy because of the coronavirus is causing people to sell their investments and that’s why we think we’re seeing all this downside.
Wow. Unbelievably, we did not reach our sell signal this week or today, and not only that but believe it or not, the S&P 500 index (the stock market) was actually up for the week. It doesn’t feel like it, but it was. We had a huge up day on Monday, and I could almost take last Friday’s video and copy and paste it and send it to you again. All remains exactly the same.
Hello, I’m Ken Moraif, Senior Retirement Planner and Founder of Retirement Planners of America. I’m sending you this video because we are very close to our sell signal, and as you know, we have a strategy we call invest and protect – with the emphasis on the word protect. We want to protect our clients’ retirement, and we want to share the news with you.
You may be wondering if we reached our sell signal,