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Post Info TOPIC: Co-vid 19 or more to the point CHINA VIRUSV Investments


Guru

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Co-vid 19 or more to the point CHINA VIRUSV Investments


Bloody 

Coronavirus disease (COVID-19) 

Corona virus!!! or it should be called what it is, as it started AGAIN in China.

Who would have expected that the Investment Market would take such a huge hit in such a short time.

But I guess that the surge in the share market during 2019 and January part of February was never going to be forever.

These days we rely on the Share Market for the Dividend returns that they offer us.

We gained about 7% plus return for 2019 which of course included the fully franked dividends.

Now that money in the banks which we have in our portfolio, would be lucky to return us 1.5% plus.

Our lifestyle would like to thank the Liberal National parties for their victory over the Labor Party last year.

But the big Q. is 

Where is the bottom of this market. Certainly not today, as we lost heaps of our capital again.

Well NO .............. We have not lost a cent and will not do so unless we sell, which will not happen due to the dividend income they generate,

Don't give up hope, as the market will one day rebound to above the record high of last month. 

Hope I am around to witness same.

 

Jay&Dee



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Guru

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To put things in perspective, other countries have been the source of recent health emergencies, too.

Study: In UK, 1 in 2,000 may carry vCJD protein:

http://www.cidrap.umn.edu/news-perspective/2013/10/study-uk-1-2000-may-carry-vcjd-protein

A new analysis of archived appendix samples suggests that 1 in 2,000 people in the United Kingdom may carry the abnormal prion protein (PrP) associated with variant Creutzfeldt-Jakob disease (vCJD), a much higher prevalence than would be suspected from the small number of confirmed cases in the country.

The study, described in BMJ, raises questions about how many more cases may emerge in the country and about the risk of transmission of vCJD from apparently healthy carriers of the bnormal protein to others via blood donation and surgical procedures, say the authors.

Variant CJD is the human form of bovine spongiform encephalopathy (BSE), or mad cow disease. BSE spread through British cattle herds in the 1980s and 1990s, and consumption of tainted beef was believed to be the cause of scores of vCJD cases.

 

. . .  and it's the USA which is our biggest source of COVID-19 infections:

https://www.abc.net.au/news/2020-03-17/coronavirus-cases-data-reveals-how-covid-19-spreads-in-australia/12060704

In a small number of cases, authorities have named the countries visited by people who have tested positive for the virus. Among these cases, the United States was the most common country visited, followed by Italy, the UK, China and Iran.



-- Edited by dorian on Thursday 26th of March 2020 08:00:18 AM

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"No friend ever served me, and no enemy ever wronged me, whom I have not repaid in full."

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Guru

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Posts: 891
Date:

as most companies are paying dividends at the moment (QAN has deferred) six months from now when they don't pay dividends or reduce dividends persons in your position may start to feel the pinch
if persons have investment properties and relying on rental income to fund them big problem coming there as tenants are thinking they don't have to pay rent (another statement not fully explained) mortgages are only deferred not suspended

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bgt


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Posts: 117
Date:

The share market has always been a risky place to play with money. Long term though it's a good bet. But unless you have to cash in now it's all just figures on paper. The key is confidence. If everyone panics then every loses. Hang in there and think long term. Smart investers are now buying at the cost of those panicking. This will turn around. It always does.

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Guru

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there is risk in what ever you do even going to work to get money an once you have money what do you do with it ?

spend it make someone else happy then go make some more dog chasing it's tail.

a clever person once said to me it is not how much money you earn but how much money you earn on the money you earn and you don't get any joy from money in the bank better to buy into the bank

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