Market Update: Coronavirus and Its Impact

Should you get caught up in the fear and uncertainty when it comes to the Coronavirus? What kind of impact could it have on you and your financial plan? Let’s discuss the biggest international story in early 2020.

 

Read more on the topic and get additional resources here: https://retirementelevatedpodcast.com/podcast/market-update-coronavirus-and-its-impact/ 

 

Today's show rundown: 

0:48 - The biggest factor impacting the market right now is the coronavirus.

1:51 - The average flu kills thousands each year.

3:24 - Should you sell off your investments?

6:35 - A large percentage of products come from China and production has slowed.

7:12 - How does this impact your financial plan?

8:06 - What kind of perspective should you have regarding a market drop?