Why am I the only one who doesn't seem to be too affected by the effect the covid-19 has had on world stock markets?

The resultant panic and sell-off means that the Indian Index is down 25%. Other smaller ones are down 20%. The NASDAQ has declined 25% in the last month. The pendulum has swung from extreme optimism to unjustified pessimism. Countries have shut down borders and funds and trade will be affected. But it doesn't justify current valuations by any means. Not a single share I bought is currently even 90% of its original cost. But this is a time to buy more.

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whowasthatmaskedman · 70-79, M

So far stock prices dont mean a thing.
Now look at airline shutdowns, Restaurants, theatres, bars, clubs, sporting events, all the concessions involved. Many of these businesses pay rent, often based on their takings. Every shop in everyshopping centre and mall. and it keeps rolling into every mortage and every credit card that is still blown from Christmas.
Bottom line. But the end of the year they are going to be talking about this as another Great Depression. That started in the Stock Market as well. The fall out from the virus is nothing compared to thye economic fallout.

Callmewhatyouwill

Ive been buying pretty heavily the last 2 weeks

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