Extraordinary times in markets

farrelly March 2020 Update

At the start of last week I wrote,

“The market correction at the end of February has taken us back into Fair Value and Cheap territory for most asset classes. This is a time to be fully invested - even though it may feel uncomfortable. This is what long-term investing is all about.”

What an understatement. Today that statement is even more true. This is a time to be buying not selling.