COVID-19 And The Stock Market, Plus Panic

Last Update: March 17, 2020

For Those who have invested in stock market, maybe you need to stop checking the stock market because things are looking absolutely depressing. We have a dear friend who had invested big money in stocks and his doctor has advised him to stop checking the stock market.

That's because he is raising his blood pressure so high every time he checks on his shares. Husband and I had invested in a few shares 3 years ago as a long term investment, just a little money, and we had been watching as our shares kept gaining steadily.

But of course now with this crisis and the stock market taking a nose dive all over the world, our little shares have dropped drastically.

Our bank lady assured us that things will get back to normal once we find our way out of this COVID-19 crisis.

But If You Have Been Thinking About Long Term Investment In Stock, Then This Is The Time

Of course for those who are interested in investing in shares, and have some money to invest as a long term investment, this is the time to purchase the shares that you are interested in. Since the prices are down you will be able to purchase a good number of shares.

Just keep in mind that it could take time for things to improve so you need to make sure that you can afford to keep your money tied up in shares for a while.

All That Being Said, I Hope You Will Stay Safe

I hope that you and your family will be safe during these hard times. And please when you are doing your shopping, keep in mind that there are people who can't afford to buy lots of supplies in one go because maybe they don't have money for it.

Can you please leave some supplies in the supermarket for such people.

I Just Saw A Woman Crying Because She Cannnot Find Any Diapers For Her Baby

This really broke my heart, a woman posted a video of empty shelves at a supermarket, the shelves were where they put baby diapers and wipes. She just broke down and cried because she said she did not have money to buy a lot in one go.

And the people who have money have wiped out the shelves. Honestly, lets spread kindness and courtesy to other human beings.

When you buy supplies that will last you for two months, what about those who don't have money to do as you have done?

So your baby will have enough supplies for two months while another mom is crying at the supermarket because she can't find any diapers and wipes for her baby. Surely what is this world turning into?

I am Not Even Gonna Talk About The Toilet Paper

I come from a county where we from time to time have outbreaks like cholera out breaks. For those who don't know one of the symptoms of Cholera is diarrhea, but people never clean out the supermarkets shelve of toilet paper.

Now the corona virus is a respiratory infection, which means if you contract the infection, it will affect your lungs, nothing to do with your digestive system.

I have been reading on the symptoms of the COVID-19 a lot lately because as some of you may know I recently had to travel for a baptism in the Scandinavia, Husband and I returned on the 10th of March, we were only gone for four days, and came back just before the world started shutting down.

Now from all the symptoms I have read, there is no mention of diarrhea, so I really don't understand what the madness about toilet paper is about.

Corona Virus Is A Global Crisis

I also want to mention that the corona virus is spreading everywhere in the world now, so to be honest it does not matter where it originated from, it's our problem now and we must come together and fight it.

We must follow the doctors advise, if you are told to stay at home, do so, that way we will stop this thing from spreading. As it is now there are still peopled especially young people who are not taking it seriously.

Just remember, you might not suffer even if you contract the infection, because you are young and your immune system is strong, but, you could infect people who have weaker immune system than you. And that means you are putting people at risk. So if you are told to stay at home, then please do so.

I am trying so hard not to mention things like stigma towards the Asian people, because obviously I do not want to make my post sound political. But as I said this crisis, is a global crisis now.

Kenya, which is where I am from just announced that they too have confirmed Corona Virus Infection cases.

And Here In Greece Everything Is Closed

Here we have been advised to stay at home unless you need to go to the pharmacy or to get groceries. And I must say here in Greece people are listening, when we went to sort out our WIFI yesterday, there were no people in the streets.

And at the phone shop we were told to wait outside and they were letting one person at time get in.

Conclusion

We here at WA, we are lucky because we can continue working on our websites. Personally, I am so happy to have WiFi back, now I shall write some posts on my SAC website because I need to get it to 100 posts ASAP.

I've got lots of work to do, I plan to get my SAC, website to 100 posts, then I think I will let it simmer for a while. Then I'll get my next website to 100 posts, I hope that's a good plan what do you think?

So what are you up to? How are you dealing with this crisis? leave your comments below.

Thank you for your time.

Rose.

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mikebeatty Premium
Hey Rose, I noticed that you said something like you're planning on writing 100 for your SAC website.

Maybe this will help show what some people think...
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Ropesa Premium
Yes I am working on getting my SAC site to 100 posts I am 19 posts away now. I had read the post you shared, and I don’t think I can write 400 reviews( not in short time anyway)

I do incorporate reviews in my posts but I really have to research a website before I review it and I am not gonna go that deep into those scam sites. Because in order for me to give a comprehensive review I will have to sign up to the sites and check them out.

I don’t believe in labeling a website a scam based on someone else’s word. And for that reason, if I will never make it to Vegas because I am not able to review scam sites so be it.

I do have a few sites that I have used before and I know they are shady and I have started reviewing them and offering WA as a better alternative.
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mikebeatty Premium
I know what you mean for sure but it doesn't have to be scam sites. It can be a whole range of different work online opportunities.

I see myself more as a research assistant. I know a lot more about certain companies from a bit of research than most people would so by sharing my own opinion and exposing certain hidden truths about certain opportunities it can really help people.

I make it very clear that I have not purchased the product/ tried the opportunity if I haven't and that the review is based on research.

Reviews are basically opinions anyway so they can sometimes be more helpful from people not in the company and offer a different view to others.

Just my 2 cents, but it's certainly not for everyone
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Ropesa Premium
You make a great point, and I agree with you. I am not saying that I only review websites or products that I have used, but when it comes to labeling a website, or a product a scam, I would not do that unless I know for a fact that the website or the product is indeed a scam.

I mean I have seen many articles and videos of people who claim Wealthy Affiliate is a scam. I saw one guy who says that Wealthy Affiliate takes your websites hostage if you don't pay your membership.

They went on to say that even if you have purchased a domain, Wealthy Affiliate would still delete your website if you don't pay, now you and I know that is not true.

We know that if you decide to move your websites, you are free to do so within 30 days as long as you have your own purchased domains.

But for someone who does not know anything about Wealthy Affiliate won't they believe that Wealthy Affiliate is a scam?

Now, what if there are good products out there but people are labeling them scams just because they want to promote what they are earning a commission on?

For that reason, when it comes to calling products or services scams, I would rather talk from experience.
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mikebeatty Premium
100% I don’t call things scams either. It’s not actually taught at WA to do that but some people interpret it that way unfortunately
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Sui_generis Premium
It what the market does. You can't watch daily. If you're that risk adverse, there are mutual funds that are very conservative -- but the returns are less.

I never looked at the diaper aisle. Like someone else said, I used cloth when my kids were that age. The TP thing I will never understand!!!

~Debbi
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Ropesa Premium
The TP, thing is beyond me, I really would like to know the logic behind it.
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JeffreyBrown Premium
Debbi--aside from my Roth IRA, the rest of my funds are in high risk investments. Lat year my overall return was 38% which is fantastic,

I only invest $100/month, but have been doing so since the 1990s.

I pared down my "going out to eat fund, and the money is at less risk invested than it is going out to eat, which we all know a few hours after that where it goes! 🙄🙄. So I always tell my broker to let it ride!

Jeff
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Sui_generis Premium
Yes, you can do that if you're in for the Long haul. However, close to retirement, cut it back some.
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JeffreyBrown Premium
Yes, I'm aware of that, but I also still have my real estate and some other assets, so I'm lucky to that extent--although we'll see what weathers this current storm besetting our world!🙄

Have a GREAT Thursday, my friend!

Jeff
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CarolMeador Premium
Hi Rose.

So sad that people have panicked and bought up all the diapers. I wonder if baby food and formula are available.

I don't know if they are still available anywhere, but when my son was a baby (long before there were Walmarts--he's 42 now) some people (including me) still used cloth diapers. Pampers were available, but I only used those when I was going to be out and about, away from home.

Cloth diapers and rubber pants are probably relegated to a museum somewhere now since disposable ones are so much more convenient...except in times like this! I wonder if they might be available online.

If diaper shortages are as bad as the toilet paper mess, and if people still have sewing machines and know how to use them, it is a simple process to make them. I doubt if the fabric to make them would be sold out!
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Ropesa Premium
Yes, I know about the cloth diapers, it wasn't so long ago that they were used in Kenya. And I also think they had started coming back because of the environment, conscious people.

I just don't know how much is left now.
I bet they too are sold out.
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JeffreyBrown Premium
In this hysteria one never knows, Carol! 😜😫🙄
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CarolMeador Premium
Probably so. Sure glad I'm not raising kids these days!
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jessory Premium
Everything will eventually pass and the world will become better.
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Ropesa Premium
I sure hope it happens soon.
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Joes946 Premium
Hope things get better soon byes, it can be depressing.
Joe
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Ropesa Premium
Yes, Joe, I hope so too
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JeffreyBrown Premium
If we let it, Joe! If we LET it!

Jeff
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