With the Australian sharemarket, or S&P/ASX 200 (ASX: XJO), down more than 20% from its peak, and an Australia-wide Coronavirus (COVID-19) lockdown a possibility, I asked two close friends to offer an investors’ perspective.
Claude Walker is the Founder of A Rich Life and Andrew Page is the Founder of Strawman.com. I asked both analysts to sit down and record a candid conversation about the recent events in markets.
Please note: while we talk about the financial market impact of Coronavirus (COVID-19), we in no way want to make light of the tragic loss of human life as a result of these unfolding events.
Please use the resources below this video to ensure you are informed about the virus, infections, as well as best practice for mitigating the risks for yourself, family and those around you.
Video: Share Investor Update, March 2020
Suffering from anxiety or feeling unwell?
The Beyond Blue website is a great resource to help us cope with any extra stress or anxiety. Mental health challenges affect everyone differently, especially in times of uncertainty and financial difficulty.
If you’re feeling unwell or have flu-like symptoms (e.g. any of temperature, sore throat, runny nose, fatigue) please consult your doctor. This Health.gov article explains the latest symptoms and advice on the virus.
Guest websites and resources
- Andrew Page, Strawman.com (Andrew’s Twitter account)
- Claude Walker, A Rich Life (A Rich Life on Twitter account)
Coronavirus related information
- Coronavirus factsheet (PDF) (via Health.gov.au)
- Jolly Swagman podcast with Yaneer Bam-Yam, very useful in understanding pandemics and what can stop Coronavirus
- Tomas Peuyo’s Medium.com article — this blog post shows the facts behind the official numbers and provide steps every business or organisation can and should take to make a difference
Please reach out to me on Twitter (click here) if you liked this update and want to share your feedback. Don’t forget to share information that you think could be valuable to others in our extended communities.