Imagine missing Monday’s 1300-point gain if you sold your stocks Friday. It happens, especially when emotions run high and takeover your portfolio.
Don’t let that be you. This could be a long row ahead. Nobody knows the future.
You’re going to wonder if you’re on the right course.
Don’t believe everything you’re told.
I imagine you’ll probably meet someone who will tell you he sold his stocks at the top and got back in at the bottom. Lucky you! You’ll be talking to a real-life unicorn. Take a picture for your grandkids.
As a side note, I want to talk to you about what took place in Rhode Island on Sunday as Twitter was abuzz about the first confirmed coronavirus in the state.
Gov. Gina Raimondo held a presser surrounded by a flock of experts who basically said: “wash your hands, don’t touch your face, and don’t panic.”
You’ll recall from my series, around this time last year, how RI government officials were caught entirely off guard when a natural gas outage left homes without heat on the coldest days of the year. Sunday’s response was what they call “getting in front” of the problem and “controlling the message.”
My key takeaway for you?
RI officials, along with the CDC, are saying face masks will not help you and that they should be saved for healthcare workers. Hmmm, why? Could it be the fact that face masks are completely sold-out and the government wants to control you? Who’s telling the truth? I don’t know, but aren’t you a healthcare worker when a loved one becomes sick? Of course, you are.
Read my entire series, Coronavirus Infects Stock Market here.
E.J. Smith - Your Survival Guy
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