Invest
New Coronavirus Outbreak: Why It Is Silly to Sell Your Stocks Now
By SG Money Matters  •  February 11, 2020

The new 2019 Novel Coronavirus, also known as the Wuhan Virus, has occupied much of our thinking in recent days. And if you invest in stocks, you have a lot to worry about.

Is the world economy going to collapse due to the broken supply chain? Is the global stock market facing a meltdown? Is this the start of the global recession?

In any crisis, there is no shortage of finger-pointing and fear-mongering. And we humans tend to jump to conclusions based on instinct. While our genes are designed in this way to protect us since the stone age, it does more harm than good when it comes to stock investing.

Does the new coronavirus impact the global economy and will it affect the stock mark? Definitely. But it is not doing it in the way most people think, instead of triggering the next stock market sell-down, it may

...
Read the full article
By SG Money Matters
Howdy. My name is Ivan. I am a blogger and fee-based financial adviser. I spent the last decade providing financial advisory services to both individuals and business. My speciality is financial planning for early retirement.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance