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If it is just about the virus, and not a long-term slowdown, the recovery should be V-shaped and you have nothing to worry about.
Please, not ANOTHER thing for us all to be worried about.
I do think that if it gets to the point where whole regions start saying: nobody travel, go to work or crowded public places for three weeks” it could put a huge dip in economies for a while. But who knows if it’ll get to that.
I think the proliferation of conspiracies — those travel 100x faster than the virus — are more dangerous. The panic. Look at any movie and the real horror is what people do to each other, not the actual situation, that’s horrific. See: The Walking Dead, post-apocalyptic films, or any network agency that just lost a big account.
Justtttt relax, and keep buying
I mean, clearly not or this post wouldn’t exist. Thanks for stopping by.
In the last full flu season 34,200 people died from ordinary flu. So far, about 2600 people have died from the coronavirus. Less than 2 % of all people who get this virus die from it, and overwhelmingly they are elderly or immunocompromised. Calm down.
Nope but I heard an analogy I liked... roller coasters are terrifying in the way down but the only way you’ll ever get hurt is by throwing yourself off the rollercoaster
Just cashed out my 401K and other investments a month ago. A huge drop is coming...if not a crash.
I mean “the year” is only seven weeks since its still February.... and it was a big spurt of growth that everyone knew was pretty disproportionate...and it will almost definitely come back when there are any good announcements about the virus...and a good portion of it will bounce back tomorrow like it always does after a big one day jump in either direction, up or down.....but yes, right now, today, it does seem alarming when you word it like clickbait, sure.
If you’re worried about the 2% loss today vs the 10%+ gain over the past year (depending on allocation could be higher or lower), you’re doing stocks wrong. If you sell now to try to time the market, you’ll lose more money than if you stay in and see if things improve. Sound investing strategy requires constant investment over a long period of time. (DOW futures are up 240 points last I checked 15 min ago)
Day 3 of the selloff. I can’t remember the last time we had this type of activity. The virus is affecting so many businesses: manufacturing, travel, tourism, healthcare, etc.
Is this true really?
Ha yeah it does sound like click bait. But I am genuinely interested to see how this industry will react and so far this micro sample seems pretty positive and not too worried.
I think from now on any bad news I get From now on I’m going to assume it’s clickbait.
Stockholders being holding company holders
How long before the holding companies announce layoffs and blame “Coronavirus?”