Despite word from China and South Korea that the pace of new coronavirus infections is slowing, dire predictions have shaken financial markets this week. But all previous stock-market crashes have led to recoveries, some much longer than others, followed by record highs.
Leaving the travails of professional investors and day-traders aside, it can help to point out to younger investors who haven’t lived through bear markets that if they are making regular contributions to retirement accounts, they are paying lower prices with contributions during down periods, which will benefit them when the market eventually recovers.
Cancel your flights Jacob Passy digs into the details about health and financial risks to travelers as COVID-19 coronavirus infections continue to increase in the U.S., including how easy or difficult it is to get a refund from an airline, hotel or tour operator if you can cancel a flight.This does more to prevent the spread of viruses than disinfectants Here’s the science.
B U L L S H ! T Another attempt to skew the market disguised and reporting on the market.