Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Coronavirus - Health aspects
Old 01-23-2020, 08:35 PM   #1
Dryer sheet wannabe
 
Join Date: Sep 2019
Location: Austin
Posts: 22
Coronavirus - Health aspects

Things seem to be VERY fluid at the moment with coronavirus and getting worse by the minute. No one seems to really have a handle on the situation yet and information sharing is a concern. I'm now hearing we have a case right here in TX about 80 miles from where I live. Is this our next market correction in the works? It's a horrible situation, praying for all that are impacted.
__________________

ATXFIRE2034 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 01-23-2020, 08:53 PM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jan 2018
Location: Tampa
Posts: 5,189
Possibly true but staying the course.
__________________

__________________
TGIM
Dtail is online now   Reply With Quote
Old 01-23-2020, 08:56 PM   #3
Dryer sheet wannabe
 
Join Date: Sep 2019
Location: Austin
Posts: 22
Me too. Not panicking or anything, just looking for other opinions based on context and experience.
Quote:
Originally Posted by Dtail View Post
Possibly true but staying the course.
ATXFIRE2034 is offline   Reply With Quote
Old 01-23-2020, 09:20 PM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
pb4uski's Avatar
 
Join Date: Nov 2010
Location: Vermont & Sarasota, FL
Posts: 24,773
Find a good crystal ball. Flip a coin... might be a disaster... or it might end up being nothing.

Sell everything and put it under your mattress.... or stay the course.
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.

Retired Jan 2012 at age 56...target 65/35/0 AA
pb4uski is offline   Reply With Quote
Old 01-23-2020, 09:26 PM   #5
Thinks s/he gets paid by the post
RobbieB's Avatar
 
Join Date: Mar 2016
Location: Central CA
Posts: 4,898
I'll hold out for bird flu, that ought to kill half the population of the world.
__________________
Retired at 59 in 2014. Should have done it sooner but I worried too much.
RobbieB is offline   Reply With Quote
Old 01-23-2020, 10:21 PM   #6
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
MRG's Avatar
 
Join Date: Apr 2013
Posts: 8,583
Correction?

We're all gonna die!
MRG is offline   Reply With Quote
Old 01-23-2020, 10:47 PM   #7
Full time employment: Posting here.
 
Join Date: Sep 2013
Posts: 808
If it's a SARS level event or less the market will freak for a little while and it'll be a good buying opportunity. If it's a Spanish flu like event or worse I'm probably a goner anyway and it won't matter to me how the market reacts.

Either way I'm not in any rush to sell.
stepford is offline   Reply With Quote
Old 01-23-2020, 10:55 PM   #8
Recycles dryer sheets
 
Join Date: Jul 2018
Location: Topanga
Posts: 80
"at some point, being early is indistinguishable from being wrong" -- Howard Marks
timbervest is offline   Reply With Quote
Old 01-23-2020, 11:23 PM   #9
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 26,737
Quote:
Originally Posted by RobbieB View Post
I'll hold out for bird flu, that ought to kill half the population of the world.
Then, who will raise Wagyu beef, catch lobsters, and age Cognac for you?

What good is your money then?
__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound is offline   Reply With Quote
Old 01-24-2020, 03:17 AM   #10
Thinks s/he gets paid by the post
 
Join Date: Mar 2012
Posts: 1,310
Sure, maybe things get silly in the market and correct "because" of it. I've been laughing since the first time I saw it mentioned as a reason why the markets were down a few days ago. Did the Ebola virus have any great impact on the market? This is no different. Much ado about nothing. A year from now, nobody will even remember.

So, if the market does correct "because" of it. Use the opportunity to pick up some bargains. Are you considering lightening up and adjusting your portfolio because of it? Likely a big mistake.
njhowie is offline   Reply With Quote
Old 01-24-2020, 04:05 AM   #11
Thinks s/he gets paid by the post
 
Join Date: Mar 2009
Posts: 2,087
Nothing actionable that I see.
__________________
Took SS at 62 and hope I live long enough to regret the decision.
foxfirev5 is offline   Reply With Quote
Old 01-24-2020, 05:23 AM   #12
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
target2019's Avatar
 
Join Date: Dec 2008
Posts: 5,714
How's this for a trigger?
Water is found to contain a chemical that causes" reproductive and developmental, liver and kidney, and immunological effects, as well as high cholesterol and obesity.
https://amp.usatoday.com/amp/4540909002
If the health effects became pervasive in those cities, it could depress economic activity for a long time.
Throw in some coronavirus for extra effect.
target2019 is online now   Reply With Quote
Old 01-24-2020, 02:40 PM   #13
Thinks s/he gets paid by the post
 
Join Date: Nov 2015
Posts: 1,742
Been through similar in the past, swine flu, bird flu, Ebola, MERS,. H1N2, HIV, yada, yada, yada. Opportunity to invest in company that produces vaccine.
bobandsherry is online now   Reply With Quote
Old 01-25-2020, 05:15 AM   #14
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 9,842
Quote:
Originally Posted by ATXFIRE2034 View Post
Things seem to be VERY fluid at the moment with coronavirus and getting worse by the minute. No one seems to really have a handle on the situation yet and information sharing is a concern. I'm now hearing we have a case right here in TX about 80 miles from where I live. Is this our next market correction in the works? It's a horrible situation, praying for all that are impacted.
Most of those affected have not been dying

Where was your concern about the measles outbreaks? How about flu deaths?
LOL! is offline   Reply With Quote
Old 01-25-2020, 05:27 AM   #15
Full time employment: Posting here.
BeachOrCity's Avatar
 
Join Date: Jun 2016
Posts: 525
If you are properly diversified you wouldn’t be too concerned about a correction.
BeachOrCity is offline   Reply With Quote
Old 01-25-2020, 06:57 AM   #16
Thinks s/he gets paid by the post
dixonge's Avatar
 
Join Date: Mar 2008
Location: Zacatecas, MX
Posts: 1,177
Quote:
Originally Posted by njhowie View Post
Sure, maybe things get silly in the market and correct "because" of it. I've been laughing since the first time I saw it mentioned as a reason why the markets were down a few days ago.
I'm convinced those headlines are produced by a formula. By now, probably automated.

"The markets are [down/up] today due to [pick appropriate good/bad news item]."

Most of the time, by the time I read the up/down cause headline, the market is already going the other way.
__________________
--
--

Life's too short to waste time on the internet...
dixonge is offline   Reply With Quote
Old 01-25-2020, 07:11 AM   #17
Recycles dryer sheets
 
Join Date: Sep 2018
Location: Washington, DC
Posts: 252
"buy on fear....."
__________________
Hoping 2023 - 2024
Tiger8693 is offline   Reply With Quote
Old 01-25-2020, 10:05 AM   #18
Thinks s/he gets paid by the post
GravitySucks's Avatar
 
Join Date: Feb 2014
Location: Syracuse
Posts: 2,391
I could finally afford beach front in San Diego!
Quote:
Originally Posted by RobbieB View Post
I'll hold out for bird flu, that ought to kill half the population of the world.
17 dead out of three cities with about a 20M population in China. I'll bet more people drowned there last week.
__________________
“No, not rich. I am a poor man with money, which is not the same thing"
GravitySucks is online now   Reply With Quote
Old 01-25-2020, 10:15 AM   #19
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 17,095
We are arguably overdue for a correction regardless of the trigger.

The Kung flu is more than a little worrisome for a number of reasons. It is still early so hard to tell exactly how bad it is, but the longish incubation period and tons of air travel in and out of the region means that infected people are probably already all around the world.
__________________
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."



- Will Rogers
brewer12345 is offline   Reply With Quote
Old 01-25-2020, 10:24 AM   #20
Recycles dryer sheets
 
Join Date: Oct 2011
Location: Upstate Ruralia
Posts: 330
Personally, I'm counting on peoples short attention spans.


By next week, this will be old news. Too boring, TLTR.


And too "sciency".


Don't we have more important things to worry about... like the British Royal Family?
__________________

Lcountz is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 17 (9 members and 8 guests)
audreyh1, BrianB, candrew, Car-Guy, cheyrl, MichaelB, vince
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Travel Plan Changes Due to Coronavirus? tmm99 Travel Information 686 Yesterday 11:34 PM
Social aspects Eileen FIRE and Money 27 04-27-2015 10:50 PM
Cool Aspects of Central America haha Travel Information 1 01-10-2008 04:29 PM

» Quick Links

 
All times are GMT -6. The time now is 06:56 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.
×