"You win 100% of the fights you avoid. If you're not there when it happens, you don't lose." - William Aprill
"I've owned a guitar for 31 years and that sure hasn't made me a musician, let alone an expert. It's made me a guy who owns a guitar."- BBI
Well, I gotta get dog food tomorrow. Might as well fill the truck full of Costco premium before it gets crazy and grab a another five pounds of frozen chicken and enough pasta to ride out the Coronalypse. In fact, I should get a case of Corona too.
I will fill the gas sipper up soon, though it has 3/4 of a tank in it right now, good for ~300’ish miles without a stop.
I knew I shouldn’t have put off getting the steel bumpers for the FJ. How am I gonna mow down hoards of the infirmed with a plastic bumper?
”But in the end all of these ideas just manufacture new criminals when the problem isn't a lack of criminals.” -JRB
Hat tip to you all. I tend to tune out panics but thanks to this thread I now feel I have a reasonable sense of what’s going on and what to keep an eye on.
I’m an obsessive hand sanitizer type so I have that covered already. I’m encouraged to hear that watchful caution, many jugs of water, many tins of tuna, a fifth or two of bourbon, a full tank of gas, and no Chinese or Italian hookers are the order of the day.
Not directly related, but stream of consciousness, a couple of things have crossed my mind. First is that children typically have more respiratory infections than adults, so antibodies against some other coronaviruses that are in circulation might help explain the reduced level of COVID-19 disease in children. Secondly, I wonder if the air pollution levels in China could cause an increase susceptibility to respiratory infection. Yesterday I checked some website that reports air quality around the world, and China looked pretty awful. Wuhan was on the southwest edge of the really bad area.
I don't want to come off as being callous, but a virus that knocks out 15-20% of the over 70 crowd would probably have a long term economic benefit. It'd certainly lower our national expenditures on social security and medicare over the next 15 years. My dad is 74, so to be clear I'm not a fan of this approach to reducing our entitlement spending, but if you're looking for a silver lining, that might be one.
Maybe I should buy a few extra boxes of oatmeal and some powdered milk...
From the linked story:
https://www.merriam-webster.com/dictionary/unknownA person in California who was not exposed to anyone known to be infected with the coronavirus, and had not traveled to countries in which the virus is circulating, has tested positive for the infection.
It may be the first case of community spread in the United States, the Centers for Disease Control and Prevention said on Wednesday.
“At this point, the patient’s exposure is unknown,” the C.D.C. statement said. “The case was detected through the U.S. public health system and picked up by astute clinicians.”
The really fun part of this is for those of us currently outside the USA with plans to travel in the next couple of months.
One does hope that the current panic has worn off a bit by then.
"You win 100% of the fights you avoid. If you're not there when it happens, you don't lose." - William Aprill
"I've owned a guitar for 31 years and that sure hasn't made me a musician, let alone an expert. It's made me a guy who owns a guitar."- BBI
”But in the end all of these ideas just manufacture new criminals when the problem isn't a lack of criminals.” -JRB
Lots to think about in this complex situation!
Also, getting back to the investing discussion, I bought $200 worth of Vanguard's Total International Market index fund on Monday. Friday is payday, so I'll probably buy a little more then. If the market drops much more, I might have to stop buying bonds for a bit to free up money for stocks.
Sent from my moto e5 cruise using Tapatalk