Episode 80: Is the Extreme Fear and Panic from the Coronavirus Warranted?

This week, Joel, Brett and Louis returns to the podcast with a special deep-dive into the current Coronavirus (COVID 19) sell-off in the stock market. Brett reveals information about whether it is cheaper to buy or rent a property. Louis expands on his topic of personal development and focuses on reflection as the theme of his segment.

This Week’s Investor Exchange Round Table Covered:

  • Fear and Panic: The stock market is going through extreme volatility in the past 5-6 trading days as participants react to the potential business and broader economic impact of the COVID 19. Furthermore, we are seeing consumers emptying aisles in grocery stores in what seemingly resembles preparation for doomsday. Is this fear justified? Joel breaks down the stock market statistics, historical events as well as current news items to give us valuable insights on what we should expect in the coming months.
  • Rent or Buy: As many first home buyers are beginning to think about their first home purchase, affordability and opportunity cost often form a major part of their final decision. Brett has come across some research this week that breaks down loan-to-value ratios and mortgage rates in all major cities in Australia. Amongst the research, cities are also evaluated on the percentage of dwellings which are cheaper to rent than own.
  • ¬†Reflection: A major part of forming the most effective goals for your personal and professional development is reflection. Louis emphasises on the importance in utilising a combination logic and emotion to guide you in your reflection in order to achieve fulfilment of your life goals. Furthermore, he provides guidance on what areas we can focus on during self-reflection in order to achieve our desired outcome.

You cannot be serious

  • In Canada, parents and grandparents were outraged after their 8 year old boy won 200 dollars’ worth of Marijuana products.
  • ¬†According to research done by Claremont and Harvard, it showed that traders given testosterone were more aggressive in buying of shares but when there were less testosterone given they were less aggressive buying of shares.
  • An accidental Chlorine gas attack occurred as a man pours pool water into the Sauna stones of a Sauna filled with 20 people.

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