Wed, 29 January 2020
Something bad was always going to happen. Whether this is it or not, we don’t yet know. This virus is contageous before the symptoms show up. With people traveling all over the world, there’s no way to contain it. It’s already having an impact. China is already on lockdown and there’s been rioting Hong Kong over plans to place victims in public housing. Closing down of international trade could result and that will cause central banks to cut rates. |
Wed, 29 January 2020
Expect travel stocks to be hit. International trade will be inhibited and limited. Crista says we’ve been due for a correction and that the market could fall for any reason at all. Corrections are perfectly normal and happen regularly. Is now the time to be taking profits and putting stop loss orders in place? It’s difficult for individuals to properly implement them. They should be using specific dollar amounts and not percentages. Crista is also bullish on dividend stocks. She’s got a whole list paying 4-7%. And she passes along some great advice on when to sell them. |
