It’s Sunday, which means...It’s recap time! 

This week, I talked about the coronavirus and it’s impact on the economy, the stock market, and your investment portfolio. 

Here’s what we covered in each episode this week: 

• Coronavirus - what does it mean for your portfolio and the markets
• Will the coronavirus send the US economy into a recession? 
• Should you get out of stocks now? 
• A guiding principle for making decisions in times of fear and panic

Hopefully after listening to the One Minute Retirement Tip this week, you are well-equipped to make smart decisions and the news about the coronavirus develops - for better or for worse. 

If you missed any of these episodes or if you want to revisit any of them, you can find them on iTunes, Spotify, or Google Play by searching for the “One Minute Retirement Tip with Ashley”. 

Before I close out the week though, I want to offer a prayer for all those who have been sickened and all those who have died because of the coronavirus, as well as their families, and all the medical workers and scientists who are working diligently to find a solution. As rough as this outbreak has been for the markets, it’s nothing compared to losing your life due to the coronavirus. 

Almighty God, your only Son took upon himself the sufferings and weakness of the whole human race; through his passion and cross he taught us how good can be brought out of suffering. Look upon our brothers and sisters who are ill, whom we now remember in a special way. In the midst of illness and pain, may they be united with Christ, who heals both body and soul. We ask this through Christ our Lord. Amen.

Tomorrow, we are starting a brand new theme: Are FAANG stocks a good investment? FAANG (F-A-A-N-G) is an acronym referring to the stocks of the five most popular powerhouse American tech companies - Facebook, Amazon, Apple, Netflix and Google. This was actually the topic slated for this week, but after big drops in the stock market, I thought I’d better focus on something more timely and push out the FAANG discussion another week. 

You’d be quite happy with your returns over the last several years if you invested in the FAANG stocks. The results of these 5 stocks and tech companies in general continue to produce impressive results, so next week, I’ll talk about whether or not the FAANG stocks are a good investment. 

That’s it for this week! Thanks for listening and I hope you have a blessed Sunday! 

My name is Ashley Micciche and this is the “One Minute Retirement Tip”.

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