The Stock Markets Wild ‘Virus’ Ride
What do a bull rider or bullfighter and anyone involved in the stock market have in common? These days? Quite a bit. I didn't know what to write about today, so I thought I'd scribble a line or two about something I've been thinking about lately.
Over the last three weeks, following the stock market or your 401K could leave you feeling a little queazy. There have been more ups and downs financially, worldwide with this 'virus adventure' than an E-ticket ride at Disney World.
February 5th, 2020 people were dancing with the Dow Jones at record highs of nearly 26,000. Then 18,591 for a low, 'so far' days ago on March 23, 2020.
As I write this today, the markets are up sharply for a second day. If you have money in play, or a 401K, watching the markets the past few weeks are kind of like riding in a truck going fast, up and down hills on some outback road near the river. Oh, and that road feels like it has loose gravel.
I'm not a big player in the markets, but I do dabble. Ok, dribble. But if you were a big player in the numbers game chances are your beverage of choice lately would be Mylanta.
Here's to seatbelts and that neat little handle in the pickup located near the top of your vehicle's side window. Hang on. It would seem that more curves and hills are up ahead.