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Stock Market & COVID-19
By EngineerInvest.com  •  April 16, 2020
First and foremost: Wishing everyone a Happy Lunar New Year, good health, wealth, peace and love always!! Prayers be with the people in China for the Coronavirus to be contained as soon as possible. Just as I thought that the market is becoming optimistic due to the US-China Phase One Trade Deal, China was struck with the Coronavirus. One of my holdings briefly hit HKD$1million but dropped back due to the spread of the virus. Let's compare the number of infections and deaths over time to SARS (Severe Acute Respiratory Syndrome). Another virus that hit the market severely. Source: user u/thejjbug in reddit [3] From the plots, we observe a spike in number of infections and deaths as compared to SARS. The actual number of the former could be even much higher [1]. Furthermore, the spread of the coronavirus could be worsened since it coincides with the Lunar New...
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By EngineerInvest.com
2020 happened to belong to my zodiac, the Year of the Rat. Yes, I’m 35+? . Leaving my stable 6-figure per annum job as an engineer (it's really not too bad being an engineer) right after I bought my new car and amid the COVID-19 outbreak left many of my friends in disbelief. I got bombarded with many questions especially during the Lunar New Year gathering. Questions like “Don’t bluff, you received a better offer right?" Actually yes, I offered myself a job of spending more time with my family, to do what I love and to improve my wellbeing.
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