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How to React to Wuhan Virus for Your Investments
By Dr Wealth  •  January 28, 2020
I wrote previously that you must always have a buy rule and a sell rule when you invest. Sometimes, as an investor, even if you do everything right, the world can punish you by throwing an unforeseeable disaster in the way of your stock market holdings. This is called Systematic Risk – or basically an unpredictable, unforeseeable risk that affects whole segments of the market and cannot be controlled for. A friend of mine from school days asked me what could destroy my investment thesis in shipping. I told him maybe a natural disaster that destroyed the company’s fleet, global war, or a major financial meltdown. I was wrong. It was the Wuhan Coronavirus. The Wuhan Corona Virus hit mainstream media with strength approximately around the start of the Chinese New Year.
  • News of China commencing mass city lockdowns,
  • people collapsing on streets,
  • nurses having meltdowns on their social media
  • citizens risking being caught by the police urging for worldwide pressure on the Chinese government
...
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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