Hello everyone,

First, I want to send my prayers to all the victims of today's terrible terrorists attacks. My heart goes out to all their friends and families. Sadly, some of us do not even know yet whether we have an intimate connection to this disaster.

I could not help but ponder our future as the pundits herald that the dawn of a new America has begun.

This tragedy has of course has come at a very precarious time for us financially and economically, not just Americans, but the entire global economy. The immediate urge and desire will be to grab and cling for anything secure. The markets are likely to convulse as they do after every disaster of this type (especially war). Gold and oil have already shot up in price and other commodities should follow (interestingly, oil was already on a dramatic comeback before the disaster - the message of the markets were fearing some type of disaster). The immediate response will soon give way to cooler heads, and we will essentially press the restart and reset buttons. We may even witness a nation, and even world, rally around renewal. Regardless, we as individuals are likely to feel even more anxiety than we were feeling already. And we will feel even less sure about what the future holds.

As much of a pessimist as I might have seemed over this vicious bear market, I urge everyone to keep their heads about them. I have urged you from the beginning to prepare yourselves, prepare your friends, and prepare your families to weather a serious storm. These latest events could challenge us all even more. But it is exactly at these moments that we must keep our resolve about the long-term and plan for recovery, plan for rebuilding, and plan for the future.

I wish you all, with deepest of my heart, the best of success in managing the unchartered and uncertain waters and roads ahead of us.

As always, be careful out there.

Deeply saddened,

Duru