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Showing posts from March, 2020

The Coronavirus is on FIRE!

Mr Burns of The Simpsons It goes without saying that COVID-19 sucks. It sucks big time. People are getting sick with a small percentage of this bunch dying from the virus. Factories in China are being shut down, people are losing their jobs, the illness is spreading across the oceans into North America as we speak, the US economy is getting hit already and that's only the beginning as the giant public companies miss their forecasts and the investors and analysts alike will pummel the share price accordingly. Such is being a passive index investor. But BEING the passive investor is incredibly convenient right now. Rather than trying to time everything out (has Coca-Cola seen its bottom? Should I sell now or later..?) you get to just simply keep buying one of everything and let the index do its thing. You'll likely invest all your money this year only to see it shrink because over all it's going to get worst before it gets better. And that's ok. That's the