Q: Should we consider any changes to our investments given the virus situation ?

A: The key question is whether your portfolio is aligned with your specific goals. We spend a lot of time in our client meetings on the question of risk tolerance and risk capacity, and so generally the portfolios we manage have the right allocation. As with other declines, the current situation represents an opportunity for long-term investors to take advantage of the reduced risk tolerance of others.
Moreover, the decline in the last week was so rapid that reducing stock exposure at this point would mean locking in losses and probably being out of position when things improve, as shown by Monday’s huge upward move.

The virus has and will have an impact on economic activity this year, and maybe into the future. This highlights the need for good financial management, including an appropriate cash reserve and a low debt burden .