Archive for March, 2020
Coronovirus – Sell or not to Sell
0Yesterday my instincts told me to sell sell sell, So I did. Was this panic selling? – Partly perhaps, but I also want some finances available should the markets really crash.
Busnessing are already starting to be impacted by restrictions on moving goods and travel. Ports are closed in China and businesses throughout the world are already reporting supply chain issues. In my opinion this is going to get worse before it gets better. I can’t see the markets making a quick recovery no matter what stimulus measures are put in place
So the excellent profits that were showing with NMC Health and Future PLC were largely wiped out showing just small profits. Finablr, I considered holding onto a little longer but looking at the markets today, it looks like my decision was a resonable one
Only time will tell if yesterday was a panic moment or a shrewd move!
Recent Comments