I'll be 62-years old next week. If I were 30-years old, I would be putting every dime I could possibly afford into stocks. If the market goes down more, I would try to find a way to invest more.
If you're 30, you may not believe it's a good strategy, that's benefit of being 62.
Capitalism has survived world wars, countless natural disasters, numerous bank crises, and endless political upheaval - it will survive COVID-19.
There is a known path for the virus. What's unknown is the global economic damage. But even that will be temporary. Keep the faith.
I have to say... in my decades doing this I have seen some shit.
But the shit we are seeing tonight is shit I have never seen before. This is crazy, off the map stuff. Just... wow.
When you think it through this is actually quite a smart move by Saudi's and Russia. A $27 Oil price boosts China GDP (we were there for you) and in the process hurts US financial asset base / paper. They massage China as future buyer of Oil (partner) and flex to US at same time.
#Depression is a leading cause of disability worldwide.
Depression can be treated.
The first step is talking #LetsTalk#TimeToTalk
https://t.co/1T4UrXtAsJ
With 295,000 new permanent residents through October, Canada is well on-track to reach a total immigration figure of 350,000(!!) this year
.. this puts the result at the high-end of the Gov't target of 320K-350K, and exceeds 2018's hundred-year high by almost 30k persons
HAPPENING NOW - Tokyo braces for arrival of Typhoon Hagibis and up to 60cm of rain as flights and trains are cancelled. Evacuation orders have been issued for more than 600,000 people. The storm is 1,400km wide, with winds of 162km/h @hanniejjong shows the damage. #NEWS1130