Unfortunate Opportunity

In the same way that it can be awkward to discuss “after death” financial topics with someone from whom you might be getting an inheritance, talking publicly about investment possibilities that are coming on the back of a stock market that’s plummeting due to fear of a COVID-19 pandemic… it does feel a little bit wrong, but the opportunities of a down market also cannot be ignored. 😐

The Dow Jones has lost more than 12% of its value over the past seven days of trading. Unfortunately, the cause isn’t solely due to “scary thoughts” around the spread of the virus. 😟 With China being ground zero, the precautions that need to be taken and the effects that are already being experienced by the industries and workforce there… it was inevitable that markets around the world would reflect the disruption. 😳 Global economies, global trade, global investing… it’s all great stuff, until it isn’t.

Before COVID-19 was even a thing, I had already started researching different types of investing that my family (historically speaking) never really took advantage of. πŸ€” I’ve tended to use methods that I’ve seen work for my dad and my aunt, and they probably used methods that they saw work for their parents. 🧐 It makes investing feel comfortable, but the returns are usually modest in comparison.

The volatility in the markets isn’t going anywhere, so I’ll have plenty of time to continue reading, learning, and eventually planning… even if “the plan” ends up being that I don’t change much of anything. πŸ€·πŸ»β€β™‚οΈ And while loads of people have been cashing out, to “protect” their gains from the past year or longer, the farther the markets fall – the better it is for folks who are only just now wanting to get in. 🀨

I suppose I should mention that I’m not thinking about individual stocks when I’m talking about all of this. I don’t know enough yet to speculate on individual companies and their ability to bounce back. I’m thinking mostly about ETFs with holdings that are properly weighted to match gains / losses of the Dow. πŸ˜πŸ€“

Historically, you’re on pretty solid ground if that’s what you’re invested in… but just as there have been extremely good years, there have been some really bad ones as well. More often than not though, the gains for each year have been remarkably good. (Which doesn’t mean a heck of a lot if you didn’t buy your shares on (and only on) January 1st of each year… heh) Meh… just kinda thinkin’ here… πŸ€·πŸ»β€β™‚οΈπŸ™‚

“Feels Like 109”

I had only been checking the upcoming weather for rain, thinking about my grass… but this evening I got an alert on my phone, advising about the extreme heat warning that will be in effect until Saturday evening for basically all of Ohio. 😳 I’m pretty sure I haven’t mentioned this, but I’ve already had two “spells” where I was outside for a relatively short time (but in the heat) where I got lightheaded and woozy enough that I knew it was time to get my ass back inside. 😬🀒

So it was strange when I saw that alert. Something whereΒ (up until recently)Β normally I’d just grumble to myself and move on, but when I read that the heat index could reach 109 degrees it actually made me anxious enough that I momentarily got butterflies in my stomach. πŸ˜• Heh… I know that sounds stupid, but heat regulation is an issue for me right now, and seeing that number… I mean, holy shit. 😯πŸ˜₯Β NBC4’s weather people are already talking about the “cool down” next week… but they’re still talking about low-to-mid 80s. πŸ™„πŸ˜’ It feels like this miserable weather is never gonna end.

Thank God that me and most folks I know have AC, but there areΒ folks that I know who only have fans… and it does cause me to have concern for them. Places are giving away fans, the power companies talking about preparing for extra load on the system, various buildings will be operating as “cool centers” for people… 😟 so I suppose all of the “scary” talk, combined with how I feel, is probably making me worry for those other folks more than I maybe need to. πŸ€·πŸ»β€β™‚οΈπŸ˜• But yeah, next couple of days are gonna be rough.

Everybody, please try to keep as cool as you can… stay safe…