21/03/2020
TO ALL MY CLIENTS AND FUTURE CLIENTS:
The Coronavirus (COVID-19) could be the Black Swan, that has devastating effects on the global economy.
PAL lays off 300 employees as the company incurs losses primarily due to travel ban caused by the corona virus. 😷
HSBC to cut 35k jobs as profit plunges due to corona virus outbreak in Asia. 🤧
These scenarios will surely affect the Unit Prices.
We have: Bull Market, Stocks goes up. 📈📈📈
We have: Bear Market, Stocks goes down over 20%. 📉📉📉
We have what we call: Black Swan. 🤔
A Black Swan is an unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences.
Black Swan events are characterized by their extreme rarity, their severe impact, and the practice of explaining widespread failure to predict them as simple folly in hindsight.
❌ NCoV
❌ Taal
❌ Travel Bans
❌ China-US Trade War
It means, anything that can go wrong will go wrong. Hence, market is going down over the last few days. It poses a very huge opportunity to invest while market is on sale. Invest regularly over the next days and weeks.
Once the COVID19 is gone, market is expected to shoot back up. And many will regret they did not invest. How long will this last? No one knows. Who will make money out of this? Someone always make money. Smart investors invests when others are scared.
As Warren Buffet said,
"Be fearful when others are greedy and greedy when others are fearful.
Time and again, the value investor has used this philosophy to pounce on opportunities.
PROTECT AND INVEST.
Time to ACT NOW.
Ctto - Warner Lee
