**Disclaimer and note: This article is a microblog intended as food for thought in simple share and snapshot hence digestible character count in form. When you think better you do better, that’s the point.
Part 2: Market sentiment equals opportunity not catastrophe, and case in point around behavior – and not just consumer behavior. Walking through the pharmacy, as I was waiting to ask an employee what isle something was in. I was listening to a (long drawn out) conversation about how there are no masks, there is no rubbing alcohol, and no hand sanitizer within a ___ mile radius and it’s all on back order until further notice.
My first thought was “seriously!?” My second thought was, “am I stupid for not jumping on that bandwagon?”. Also, I am a little resistant around illness. I feel bulletproof (and know I’m not). Point: I was shocked they were sold out of these items.
Who are the buyers of these “life savings” items? Based on the demographic in the area the store is, these people are hypochondriacs who aren’t the ones traveling near or far where the possibility of exposure to said #coronavirus may occur. I generalize.
Point: how people do one thing is how they do everything and — being hyper about corona virus where you’re chained to your sofa is just as counterintuitive as freaking out when the market dips 1000 points because of market sentiment as dictated by such behavior …. Learn to see opportunity instead of feeling like you’re going to vomit when the market opens during moments like these. Should you be invested to your standards you’re more than likely invested for value and still earning dividends….in which case 3 months of fluctuation won’t make a dent in you.
Check yourself before you wreck yourself and rest easy knowing that you have educated professionals doing what’s in your best interest because they are trained to navigate all economic and market conditions — and by trained, I mean lived through multiple times, been beat up, rode a wave, and came back again smarter learning from direct experience to continuously do better and their best, each time. Fiduciary relationships, when you find your match (both sides) value and keep each other. Alignment matters.