As you will likely be aware, the situation regarding Covid-19 is changing rapidly with effects on our health, businesses and the global economy.
At this stage Coomber & Co is running business as usual with a few minor changes to ensure the safety of both our staff and clients. We will not be conducting face-to-face meetings in order to comply with social distancing measures however we can arrange meetings via Skype or telephone. All Coomber & Co staff are equipped to work remotely if the need arises however we will advise you should the need occur. If this is the case, we may not have regular phone access but will be available during business hours via email.
We are keeping up to date with all things Covid-19 to allow us to provide you with advice to cater to your needs. To find out how this situation will affect you or your business, please don’t hesitate to contact us to discuss your situation. We are here to help.
We understand these are trying times for all and we would like to extend our thoughts to all of our clients and their families at this time.
Personal Wealth Newsletter – Winter Edition
Welcome to the Winter edition of Personal Wealth. This lockdown situation and all of the current and inevitable consequences will be the conversation at dinner tables for many years to come. Many will be the stories, both good and bad that we have all endured. Perhaps it had made us realise how fortunate we have been; to live in this wonderful land and with our family and friends close by or electronically so.
This newsletter reveals the extent of the Gambler mindset. Since most of the available avenues for betting (horses, dogs and football) have been unavailable, punters have taken to the Share market with the usual outcomes. Investing is a long, slow, grinding process with many ups and downs along the way. Rarely are there any quick gains. And even if there are, the Tax man wants his share! Caution and prudence are the necessary attributes to long term wealth accumulation.
There have been some extraordinary advances in the search for a general solution to the Virus pandemic. Artificial Intelligence (AI) has allowed scientists to rapidly research all the permutations and combinations of the various drugs and protocols that could provide a solution. And hopefully, we can all return to a somewhat normal life much sooner than anticipated.
In closing, we have been working long and hard to ensure our clients have been assisted through this trying period. There have been many challenging situations to deal with. We trust we have made some positive contribution to your situation.