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Joe Soto here, I recently had a discussion about the virus and everything going on right now. So for today, I want to share with you 4 things that I'm thinking about on behalf of my clients.\xa0\xa0\n\nSo let's get on with the topic of the day; \u201cwhat am I concerned about on behalf of my clients?\u201d\xa0\n\nThe 1st thing is our relationship with China!\xa0 China is intertwined in the global commerce economy of the majority of the world. If you look at what percentage of the products in the world come from China, then you\u2019ll know it\u2019s a special relationship.\xa0\n\nThe second thing is; \u201cThe US elections!\u201d But one thing that you can know for sure is that we are going to have a ton of noise and a ton of volatility as a result of these elections.\n\nThe third thing is \u201cthe cascading effects of covid-19.\u201d So they keep talking about what is happening with the virus right now, as a financial planner, I'm trying to see what happened because of Covid.\n\nThe last point; \u201cThe 18 month outlook\u201d via a variety of mechanisms, that's going to be basically the benchmarks on a quarterly basis that I set up to navigate these waters.\xa0\n\nThere's noise and fear, there's also opportunity. Every time there's noise and fear, there's also opportunity. So it\u2019s super important in this environment, that there's a set of rules and blueprints that are designed as a guidance system.\xa0\n\nTips to wrap up:\xa0\n\nYou must find professional help i.e. a fiduciary.\n\nYou need a blueprint, i.e. written financial plan.\xa0\n\n\nThis is the value of having a written financial plan, because we don't want to build a plan based on scarcity mentality, but an abundant base mentality.\n\n\n\n\n--- \n\nSend in a voice message: https://podcasters.spotify.com/pod/show/joesotoproject/message