Financial Steps while Corona Attacks

A lot of industries, huge or tiny, famous or unknown, almost all of them lock themselves down. This lockdown action isn’t a good situation at all, either for the companies, for the employees, or even for the economy everywhere.

The relation between all of these situations just like chain. The coronavirus infected people which most of them are employees, and the employees spread the virus to another employee or even the boss, companies started to get scared and took an action which we heard ‘the lockdown’, and this action made no transaction at all between companies and the customers.

With almost no-transaction-made, the economy would fall, the stocks are coming down, and the money value drops. This pandemic could make the entire country fall. People gets terrified, isolate themselves after getting the order from companies to do so.

In a simple statement, the coronavirus is shutting countries down, if it kept spreading and making the economy gets no value.

To counter the situation, you have to rely on your government (unfortunately), because without any action to cure the virus as soon as possible, there’s nothing you can do.

Second, read the situation. If it is possible and you’re sure all your savings are enough to assist you needs while the ‘lockdown’ situation, I personally suggest you to buy a quite lot of stocks, gold, or any investment material on huge companies. Why? The breaking point of the virus crisis would make the huge companies work hard to get their working pace back which would lead the economy to a race between companies. Giant companies are going to win (my prediction) cause of their power, materials, workers, and influences to rise from this pandemic.

Then, wait. Economy will stabilize itself, sooner or later when the virus down, everything’s going to be alright. When you bought the stocks while the value comes down, you’ll earn more units. Here comes the sun, the stabilization process need to raise the value of those financial material, like stocks, gold, obligations, etc. You will get your profit by the right timing of buying those while the value goes down.

But, that method may cause a serious risk. What if the company that you trust to lead the market raise would fall? What if the small, unknown companies could get the advantage of this situation? Well, the answer is simple. You’ll lost everything that you plant.

Logically, the smaller companies, smaller stocks won’t get better after this economy break, they might be closed or bankrupt. Meanwhile the bigger companies can quickly assemble their powers to get their place back.

On the other hand, the smaller companies have less bills, less loss, less employee to carry while the bigger have more bills, more employees, and more loss which can lead them to collapsed.

If you believe the smaller can be more dangerous, here’s what you can do, either risky or not, you choose it by yourself.

The risky way : if your heart believe in those small markets, you can plant your money on them. There is always a chance for market to perform the other way than the way it should be. When the luck comes to you, the small market would win and you get what you expected.

The safe way : well, you can do nothing to face this breakdown. Just wait until the market stabilize itself, avoid the risk between the fight between small and big market, and you’ll lose nothing. It is better to lose nothing than to lose something, doesn’t it?

This post is dedicated for them who lives in the country under the attack of the coronavirus. Stay safe, keep healthy, and I wish you get well soon.

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