beefymoocow
Expert Member
- Joined
- Jun 19, 2006
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My thoughts are this. 10000 people die a year in SA just due to road fatalities.
35000 odd in the USA. 26000 in Russia.
So, I'm thinking it is the panic that is driving down stocks. Of course, closing down things will make everything dip.
But either we recover early, or it doesn't really matter. So I am going to pump some money into stocks at this low. And just wait.
But isn’t that priced in the share price. The virus hasn’t been because no one knows the impact.
What happens if the virus mutates and becomes more deadly or have a longer waiting period like a year or what it affects all living creatures including bees and cows, pigs etc.