Corona update

If you are like me, you will also be sick and tired of hearing the word Corona or Covid-19.

Unfortunately, there is no escaping the impact the virus is having on our country and the world at large.

I am not going to try to educate you on the virus because I think that has been going around enough and I am not a health expert, but please wash your hands.

I made a video last week, but it remains relevant even though things are constantly changing, please watch it here. Also attached is an update from Investec’s (now changing their name to Ninety One) head economist Jeremy Gardner.

The main message is, stay invested, stay the course, the only person that gets hurt on a roller coaster is the one trying to get out.

I will leave you with a message from the Oracle of Omaha, Warren Buffet, arguably one of the world's best investors of all times: “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”

In other words, they buy in the times when markets are in a panic because they know that markets tend to recover, and then they bought their favorite stocks at a discount.