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Stock Market Crash 2020
I want to talk about the stock market crash 2020 that is going on right now and what you should be doing.
Right now I’m receiving emails and comments where people say:
“You know what? I bought Tesla stock and it is down 20% or 30% right now.”
“My 401K is down 20% or 30%.”
Some of you said that your savings have been dwindling down up to 50%.
How bad is it?
Looking at what is going on in the markets right now, let’s talk about how bad it really is, and if it will get worse.
I also want to show you what to do.
Today is March 11th and this is what is happening:
- The Dow is down another almost 1,500 points, 5.86.
- Yesterday President Trump said there will be a stimulus plan.
- Today the Bank of England cut interest rates from 0.75 to I believe it was just a quarter of a percent.
And yet the market seems to be in freefall.
How much worse can it actually get?
Well, let’s discuss how long it typically takes after a crash until the market continues.
