7 Things to Do During a Quarantine

The Coronavirus is spreading. Countries and cities are in lockdown. Our government and businesses are encouraging their employees to work from home, and senior citizens are advised not to leave their houses. It’s a dark and dire time for the global community, so how can you make the best of a bad situation? Here are seven ideas.

  • Go for a hike with your family and enjoy the great outdoors. You can explore new trails in your city while keeping a safe distance from others. My family and I hike our neighborhood trail with our dog Cricket. We put a bear bell on her to let the snakes and other creatures know we’re coming. The bell also helps us locate her because she’s a lab with a mind of her own. After being cooped up in our house, it’s nice to go outside and enjoy Mother Nature.
  • Read a book. It’s an excellent time to turn off your TV because there is nothing but bad news on the airwaves and there are no sports to watch. Here are a few of my favorite books: The Fountain Head, The Hunt for Red October, Jurassic Park, The Old Man and The Sea, Catch-22, American Rust, Atlas Shrugged, The Firm, Treasure Island, Oil!, The Invisible Man, The Adventures of Huckleberry Fin, The Adventures of Tom Sawyer, The Count of Monte Cristo, The Once and Future King, Lone Survivor, Amateur’s, The Worst Hard Time, The Right Stuff, Moneyball, Into Thin Air, The Perfect Storm, The Grapes of Wrath, East of Eden, For Whom the Bell Tolls, To Have and Have Not, and The Hobbit.
  • Play a game. As a family, we’ve played board games for years. When my daughter was younger, most of the games involved horses like Herd Your Horses or Horse Show. We now play Catan, Ticket to Ride, Hive, Monopoly, Uno, or Mexican Train.
  • Learn a new hobby. You can access hundreds of thousands of free platforms online to learn a new language or skill from the comfort of your home. Numerous universities are offering free online courses because of the crisis. I’m learning to play the guitar. I’m horrible, but I’m having fun.
  • Fix up your home. Have you been waiting to paint a room, clean your garage, or wash your windows? With time on your hand, you can now tackle your growing to-do list. My daughter and I are going to build two vegetable boxes and a border for our rose garden.
  • Write a letter to a friend or family member. A handwritten note is a novelty, so spread some cheer with your penmanship.
  • Read the Bible. The Bible has about 365 verses on fear or worry, one for each day. Proverbs is a great place to find wisdom, and it has 31 chapters in Proverbs, one for each day. Psalms, Romans, Hebrews, Galatians, Song of Songs, Ephesians, Matthew, Mark, Luke, John, and the other 56 books are worth a read.

When I was growing up, I played baseball. During one game, while playing left field, a left-handed batter hit a line drive toward me, and because a left-handed batter hit it, it had a wicked slice. It was spinning away from me, and it was too late for me to adjust my path. It got past me and rolled to the fence. We lost the game; I burst into tears, and I thought my life was over. However, it wasn’t the end of the world. My dad, who is left-handed, spent hours hitting me fly balls, and I turned my weakness into a strength.

The world is not going to end tomorrow, and we will live to see another day. Don’t let the weight of the world keep you down. We will defeat the virus. Be strong and keep the faith!

The wolf will live with the lamb, the leopard will lie down with the goat, the calf and the lion and the yearling together; and a little child will lead them. ~ Isaiah 11:6

March 19, 2020

Bill Parrott, CFP®, is the President and CEO of Parrott Wealth Management located in Austin, Texas. Parrott Wealth Management is a fee-only, fiduciary, registered investment advisor firm. Our goal is to remove complexity, confusion, and worry from the investment and financial planning process so our clients can pursue a life of purpose. Our firm does not have an asset or fee minimum, and we work with anybody who needs financial help regardless of age, income, or asset level. PWM’s custodian is TD Ameritrade, and our annual fee starts at .5% of your assets and drops depending on the level of your assets.

Note: Investments are not guaranteed and do involve risk. Your returns may differ from those posted in this blog. PWM is not a tax advisor, nor do we give tax advice. Please consult your tax advisor for items that are specific to your situation. Options involve risk and aren’t suitable for every investor.












When my daughter was young we read The Monster at the End of This Book starring Grover from Sesame Street. He’s convinced there’s a monster lurking at the end of the story. He’s so sure of this that he pleads with the reader to not turn the pages. When the pages are turned he panics and freaks out, but when he arrives at the end of the book there is no monster, just Grover. He was panicking for nothing.

When the market is volatile, or falling, investors panic. In panic mode, they make short-term mistakes that will impact their long-term goals.

Let’s review some recent history. The Dow Jones has risen 290% from the market low touched on March 9, 2009. During this great run, the Dow fell 3% or more 17 times and rose 3% or more 10 times. The largest drop occurred on August 8, 2011, falling 5.55%. The largest up day occurred on March 23, 2009, rising 6.84%. The average daily move over the past 2,418 trading days has been .06%, or $60 per $100,000 invested.

Investing in stocks is the best way to create long-term wealth, but in the short-term they’re irrational. A proper time frame may help you with your stock allocation, so here are some guidelines for holding stocks.

If you need access to your money in 1 to 3 years, do not buy or own stocks. Rather, keep your money in quality short-term investments such as U.S. T-Bills, U.S. T-Notes or CDs.

If your holding period is 3 to 10 years, invest in a mix of stocks, bonds and cash.

If your timeframe is 10 to 20 years or more, invest in stocks.

Trying to time the stock market and make money daily is a flip of a coin; it’s impossible to know how it will trade from one day to the next. Stocks have made money 73% of the time on an annual basis. They have made money 86% of the time over a 5-year period. For 10 years it has been 95% and over 20 years it’s 100%.[1]

If you’re not sure about your stock, bond, and cash mix, then a financial plan will help you align your investment portfolio to your goals and your tolerance for risk. You’re more likely to stay invested through rising and falling markets if you have completed a financial plan.

The stock market is not a monster. If you stay invested for the long-term and follow your plan good things will happen – just ask Grover!

Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land. ~ Ecclesiastes 11:2


Bill Parrott is the President and CEO of Parrott Wealth Management firm located in Austin, Texas. Parrott Wealth Management is a fee-only, fiduciary, registered investment advisor firm. Our goal is to remove complexity, confusion, and worry from the investment and financial planning process.

Note: Investments are not guaranteed and do involve risk. Your returns may differ than those posted in this blog.



[1] Ibbotson®SBBI®2015 Classic Yearbook – Market Results for Stocks, Bonds, Bills, and Inflation – 1926-2014