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Coming into the COVID-19 pandemic with one of the strongest economies in our nation’s history, the recovery should be fairly quick, according to Edward Jones Financial Advisor Jason Spanhook:
“Optimistic, I am fully confident that our U.S. economy will recover. It is a matter of time. I think that it is unlikely we will finish the year with the lows we are seeing today. There is a possibility of a recession, but a recession is not a scary thing. It is a normal part of the cycle. Look to our neighbors, like China, they are recovering. They are on the other side of this,” Spanhook states.
Spanhook advises to follow your plan in place and focus on the long term goal. The short term volatility in term of investments should not affect the outcome substantially.