Chat about Novel Coronavirus - 2019-nCoV - COVID-19

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Stonehedge

Blood in the financial streets this morning.

Saudi Arabia finding themselves with the opportunity to fuck with their rivals. Being able to extract oil more cheaply than almost anybody else is quite a bargaining chip in times like this.

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Soul in reply to @Stonehedge

Yeah - it's savage this morning.

My parents invested a significant amount of money only a couple of months ago. Down at least 7% already.

Luckily they have significant cash savings and other assets but I imagine a lot of people are not in the same boat.

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Howard in reply to @Soul

Investing though - ups and downs.

Silver lining is that some stuff might start looking like good value soon.

As long as you don’t need the money out right now, it can be ridden out. If it can’t be ridden out you’ll have bigger problems to worry about.

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