“A man cannot directly choose his circumstances, but he can choose his thoughts and so indirectly, yet surely, shape his circumstances.” (‘As A Man Thinketh’ – James Allen)
The talk at work is all about the coronavirus and I have to say, I am concerned to say the least. Not about myself, I am concerned about my family.
I have been telling them to wash their hands and put their anti-bacterial gel throughout the day for the last few weeks. Although Mrs Duffy hasn’t taken it seriously (up until now), she has been encouraging our two girls to clean their hands and take their vitamin C tablets.
The cases of the coronavirus are escalating all the time and it seems a matter of time before the situation worsens in the UK. All non-essential travel to China, Hong Kong, Japan, South Korea, Singapore, Italy and Iran must be delayed until further notice.
I am hoping and preying that the situation can be controlled but I am not optimistic and feel we all have to prepare for the worst. Prepare for the worst, hope for the best.
We all have to clean our hands and try and do our utmost to help prevent this virus from spreading further.
This has had a negative effect on my anxiety levels and also on my Lifestrategy 80/20 Vanguard fund. From being having a 6.4% return on my investments just last week, it has swung to a -5.25% return today.
Although I am worried about the virus and the evolving situation regarding the outbreak of it, I am not worried about my investment.
The main point is that money becomes insignificant when people’s health is at stake. My thoughts and prayers are with everyone who has suffered because of this horrible virus.
Another point is that I am well aware of the ups and downs associated with the stock market. I am a long-term investor (well I am now I am aware of how to invest) and am going to follow the stock market for years to come.
There will be ups and downs when following the stock market but looking at over 100 years of data, the markets will revert to the mean and the average return will be between 7 and 8%.
Hopefully the clever scientists and health care professionals around the world can perform miracles so we can say a big fuck you to this horrendous virus!!!
I am very calm about my investment and am trying to be calm about the coronavirus.