CORONAVIRUS impact. None or severe?

[Dien Rice]

Originally Posted by Millard Grubb

Just found this from Dr. Drew Pinsky on the Daily Blast when he was asked about the virus:

"We have in the United States 24 million cases of flu-like illness, 180,000 hospitalizations, 16,000 dead from influenza. We have zero deaths from coronavirus. We have almost no cases. There are people walking around out there with the virus that don’t even know they have it, it’s so mild. So it’s going to be much more widespread than we knew. It’s going to be much milder than we knew. The 1.7% fatality rate is going to fall. Where was the press during the Mediterranean Corona outbreak, where the fatality rate was 41%? Why didn’t they get crazed about MERS or SARS? This is an overblown press-created hysteria."

Something to think about.

Hi Millard,

I'll be the squeaky wheel...!

I believe it's a combination of... how contagious it is, as well as what the fatality rate is...

I think COVID-19 (as it is now called) has a similar contagiousness to the flu...

But it is a lot more fatal.

Another thing I've read...

About 20% - or one-fifth - of people who get COVID-19 require hospitalization.

With the flu, about 0.1% - or one in 1000 - require hospitalization.

If that's true, it's a big difference...

One thing with COVID-19 is the worry that it will overwhelm available hospital beds.

I hope (as you do) that it's all a big media beat-up.

But, in practice, I've become a "prepper"...

- Dien

P.S. As for how mild it is, it depends on the age of the patient...

I found this graph here...



The mortality rate is quite low for those under 40, then it increases...

[Millard Grubb]

Thanks for the graph.

It would seem with reasonable care that most folks can keep from getting sick just by being watchful and cleaning up. Just m are sure when shopping to disinfect your shopping cart, etc.

Just read an article from a top doctor saying that the coronavirus is predisposed to lung tissue and one of the best things to do is get a mask so you don't touch your face or mouth. (It is a reminder when you touch and won't allow you to put your fingers in your nose or mouth)

Gordon raises some good questions about what is going on... best to keep your mind at peace and eyes open.

[Glenn]

Thanks Dien,

Craig was very happy today on the phone.

He made 12 points.

At 1K a point or 12 Grand.

Just because The Futures market is so volatile.

Glenn

P.S. - Craig says he can ONLY TALK TO ME btwn 4Pm and 6PM.

4Pm when the market Closes.

READING btwn the lines HE IS Making Multiple Trades each day.

All Day Long - as the Futures Repeatedly Hits his Investing model.

When we 1st met Craig was making 60K a year.

In 2019 he made 500K

2020 Looks to be Even Better For Him.

P.P.S. - ME? I like to Help people but in Areas I can CONTROL.

So I am going after More Single Owned Restaurant Clients.

EMPTY becuz of Coronavirus.

More willing to TRY NEW IDEAS.

[Dien Rice]

Originally Posted by Glenn

Thanks Dien,

Craig was very happy today on the phone.

He made 12 points.

At 1K a point or 12 Grand.

Just because The Futures market is so volatile.

Glenn

P.S. - Craig says he can ONLY TALK TO ME btwn 4Pm and 6PM.

4Pm when the market Closes.

READING btwn the lines HE IS Making Multiple Trades each day.

All Day Long - as the Futures Repeatedly Hits his Investing model.

When we 1st met Craig was making 60K a year.

In 2019 he made 500K

2020 Looks to be Even Better For Him.

P.P.S. - ME? I like to Help people but in Areas I can CONTROL.

So I am going after More Single Owned Restaurant Clients.

EMPTY becuz of Coronavirus.

More willing to TRY NEW IDEAS.

Thanks Glenn...

Awesome stuff!

Along those lines, here are three ways to make money in the financial markets...

1. Figure out which companies are going to be making more money as a result of the current situation...

Then buy their stock.

For example, at the time of writing, ZOOM has more than doubled in the last week.

(Went from $5.50 to $11.80 per share.)

Zoom makes videoconferencing software... Extremely useful when so many people are working from home.

2. Figure out which stocks will go down, or if the whole market will go down, and buy PUT options.

Put options are options that go up in value when the stock price goes down.

However... Keep in mind that if the stock price goes up, Put options go down in value - and can even end up being worth zero. As with everything, there is some downside risk. You have to do your research and take action accordingly.

3. Many people believe we're at the start of a bull Gold market.

To play this, you can buy gold, or gold mining stocks.

If they're right and gold goes up, you make money.

Why would gold go up? Gold is a common "safehaven" when people are afraid. The more people end up buying gold, the more the price goes up.

Best wishes,

Dien