The Coronavirus - Stay Calm & Buy Toilet Paper
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The Coronavirus - Stay Calm & Buy Toilet Paper
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On March 11, 2020, the Coronavirus (COVID-19) was declared a global pandemic by the World Health Organization. The NBA season has been indefinitely suspended, travel from Europe has been suspended for thirty days and Americans are all over social media fighting in the grocery aisles over toilet paper.
The markets continue to digest the bad news by having the most volatility and fastest 20% drop in value in history. Welcome to the Bear Market.
Now that you have all of that toilet paper in your closet, what should you do with your investment portfolio? I'll discuss this and more in this episode.
Remember, it's just a bear market, not an actual bear in your house.
Please wash your hands with soap for at least 20 seconds. Avoid touching your face. If you are sick, stay home. Listen to the recommendations of local officials and the CDC. Protect yourselves and your loved ones.
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