Well trying to predict what the bottom prices would be is outside of my know-how. I'm just going to keep throwing my extra dough in there to accumulate shares. Either way it'll eventually get back to where it was.
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Corona virus, the non-asshole thread
- Thread starter TheYancey
- Start date
Yeah that could be, in which case I can just hold my extra funds in savings and move it over once the chaos dies down. I will have to play it by ear for the next few weeks to see if that's how I want to proceed. The Fed just pumped a bunch of cash into the market today to try and stymie the bear market, but who knows if that will do anything.
FurmanCock
Grand Poohbah
Public schools closing around NC too. Out district still open for now but everyone expect it to close any moment.
This is a huge impact for families where both parents work. I sure the typical Y say camps and other similar camps will not be offered.
When you think about the economic/emotional impact...not to mention potential death toll...related to this 'self-imposed' nation wide shutdown this really is...and I mean no disrespect and get the obvious differences here...almost worse than 9/11....here is a quick list of things no longer happening or severally reduced in the United States as I type this:
Any and all sports...Pro, college or high school, music events/concerts, festivals of any kind, plays, parades, conferences of any kind, business travel, flights, cruises, education...college, high school, elementary, restaurant traffic, shopping/retail traffic, sports betting, travel in general, tourism of all kinds and on all levels, etc.
After 9/11 these were things that help get us through and helped us come back together and move on...as a nation...now these are the things that are the 'threat'...I guess I'm just comparing these two things because in my lifetime these are the two most surreal and bizarre events I can think of...and that's saying something.
I know this is a small...almost insignificant in the larger scheme of things...example but my daughter plays lacrosse for her high school and these girls have collectively put years into what they all believed was going to be the best year in school history...there are seniors who went from not winning a game for two years to making the playoffs last year when my daughters class arrived and this year they were the favorites to win the conference, make it to states and beyond...as teenage girls/athletes this is as much a part of who they are, their lives and personalities as anything else...that has simply all been canceled...they are collectively devastated...again getting that this is a small part of the larger issue but this is occurring literally millions of times over and over again across this country. These are things that will stick with them forever even though they understand the bigger picture and that it very well may have had to happen. Watching these kids breakdown in a very real way when they were told its over was truly heartbreaking. They will all make it and life will move on but when I realize that this is happening for literally tens of millions of people from high school to college and the amount of fun, positive and good things that are being erased from their/our lives it touches a part of me personally that I totally identify with.
Any and all sports...Pro, college or high school, music events/concerts, festivals of any kind, plays, parades, conferences of any kind, business travel, flights, cruises, education...college, high school, elementary, restaurant traffic, shopping/retail traffic, sports betting, travel in general, tourism of all kinds and on all levels, etc.
After 9/11 these were things that help get us through and helped us come back together and move on...as a nation...now these are the things that are the 'threat'...I guess I'm just comparing these two things because in my lifetime these are the two most surreal and bizarre events I can think of...and that's saying something.
I know this is a small...almost insignificant in the larger scheme of things...example but my daughter plays lacrosse for her high school and these girls have collectively put years into what they all believed was going to be the best year in school history...there are seniors who went from not winning a game for two years to making the playoffs last year when my daughters class arrived and this year they were the favorites to win the conference, make it to states and beyond...as teenage girls/athletes this is as much a part of who they are, their lives and personalities as anything else...that has simply all been canceled...they are collectively devastated...again getting that this is a small part of the larger issue but this is occurring literally millions of times over and over again across this country. These are things that will stick with them forever even though they understand the bigger picture and that it very well may have had to happen. Watching these kids breakdown in a very real way when they were told its over was truly heartbreaking. They will all make it and life will move on but when I realize that this is happening for literally tens of millions of people from high school to college and the amount of fun, positive and good things that are being erased from their/our lives it touches a part of me personally that I totally identify with.
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Mt Everest is closed for climbing this spring. that does it!
One ray of light is it appears the CV has slowed spreading in the original hot spots.
Looking around for info: seems the CV has a shelf life on objects/materials depending on the type. Typically it can survive up to 3 days.
If we can contain the outbreak it may mostly die out. It needs hosts to survive. But it is highly contagious and one mini-outbreak can cause another potential run on the population.
The next few months are critical. Stay strong!
Looking around for info: seems the CV has a shelf life on objects/materials depending on the type. Typically it can survive up to 3 days.
If we can contain the outbreak it may mostly die out. It needs hosts to survive. But it is highly contagious and one mini-outbreak can cause another potential run on the population.
The next few months are critical. Stay strong!
In a laboratory setting (more on this below), coronavirus can survive on metal for up to five days, glass for four to five days, and plastic for up to nine days, according to a study recently conducted by the Journal of Hospital Infection. Fortunately we do not live in a lab. Real world results may differ. CV spread is slowing down after the infection rate hits 60%-70% of the population as seen in China, Italy, and Iran. We can expect that here as well. Our best hope is to flatten the infection curve, spread the infections out from days to weeks and months. That would keep the hospitals from being overwhelmed. Otherwise half of new cases will have to be triaged for treatment and the other half for death.
How Much Worse the
Coronavirus Could Get, in Charts
https://www.nytimes.com/interactive/2020/03/13/opinion/coronavirus-trump-response.html?action=click&module=Opinion&pgtype=Homepage
Coronavirus Could Get, in Charts
https://www.nytimes.com/interactive/2020/03/13/opinion/coronavirus-trump-response.html?action=click&module=Opinion&pgtype=Homepage