Investors must have at their disposal, before anything else, a list of stocks that they’ve already analyzed deeply and understand thoroughly.
I have a good friend who was a soldier in one of the world’s most prestigious and ELITE commando units. He was trained to be a warrior and a fighter who could handle SERIOUS mental shocks and still remain poised.
Every storm EVENTUALLY runs out of rain. The coronavirus started out as a non-event for U.S. equities, which, for nearly two months, kept climbing into all-time highs, despite reports from China. The comparisons made to SARS, Ebola and MERS caused investors to assume that this was a NOTHING-BURGER, but then contagion caught on and the tides TURNED so quickly that we saw the FASTEST AND BLOODIEST bear market slam in history.
In the past month, my main message to you has been that we’re living IN A NEW WORLD. The sooner you internalize that fact and think in terms of innovating your current set of circumstances and IMPLEMENT it, it will be better off for you.
The coronavirus has now reached all but a few islands in the Pacific and the Caribbean Sea. It’s everywhere and it KEEPS ON SPREADING. Italy has declared martial law, and I believe SEVERAL major cities and states in the U.S. will UTILIZE the same method starting this week; discipline to guidelines is still not perfect.