Well, if ever there was a time I didnāt want to post this thread it would be now. 
I cannot be the only one to feel like I have had the rug pulled out of my feet and then kicked when down. 
To go from an all time high to such an all time low in the space of 3 or 4 days is quite incredible, that itās beyond depressing. Iām looking at my portfolio and thinking what a waste of time. All these stock of the month threads and all this research and all this effort. Then I stop and press the reset button. Time out. 
Maybe you have not even logged into the app. Perhaps you have decided to take a break because itās just too much red and misery? The one thing is folks we are all in this together. Nobody has lost a penny, just a nice upward curve has been replaced by a lightening fork, the fastest possible route to earth or perhaps below ground level! The āup byā has been replaced by a ādown byā and it looks grim. This is where you learn the most important lessons of investing, keeping a cool head. Do not go with the flow, keep your feet on the ground and remember the basics. You wouldnāt sell your house, car or anything if the price crashed for 3 months, you would wait. However, with investing people panic. Why? If you have diversified what has changed from when you invested in those companies? Unlikely anything. The sun will rise tomorrow and companies will trade and people will buy. True, profits will be down for 2020 and worldwide growth is likely to be hit, but in the long term it actually will make little difference.
I remember the HL founder Peter Hargreaves who supported Brexit being confronted after the shock result and a big dip on the markets that followed and was served with a āyouāve just lost Ā£x millions and how do you feel?ā His reply was along the lines of I havenāt lost a thing what are you talking about? And if you were fearful about Brexit, this puts it all into perspective. Hey, we have hardly heard the word mentioned recently.
Buffetās be fearful when others are greedy and be greedy when others are fearful saying is a good one. Some people like Buffet here have held on to cash and well done to them. I take my hat off to you as I didnāt expect the markets to react this badly. 
It takes guts and the gamble has probably paid off spectacularly. With some stocks now at the cheapest for years, others the price that they were 6 months ago, in my opinion there are serious bargains and near certain money to be made in a very short time. The stock markets will bounce again and likely very quickly in a few months if previous history is anything to go by. Have we forgotten December 2018 and January 2019 already? Look how quickly that bounced. 
Unlike the financial crisis of 2008 where there was huge job losses, high unemployment and serious economic shocks this crisis is much more of an inconvenience. People are raring to get going and back to business; the underlying economic engine is still there and life will go on. Hopefully in a couple of weeks the spread of the virus will wain and people will return to normality.
Only 15 out of 87 stocks I hold are green. I canāt even be bothered to work out which was the biggest flop. Safe to say the gold miners have had the most resilience and are currently my strongest positions.
Iām fairly hopeful that the March 2020 stock of the month will be an exciting one. If it isnāt Iām sure April will be amazing!
Hang in their folks, its all part of the fun.
Disclaimer
As per Freetradeās policy always remember to do your own research.
Remember that past performance is no guarantee of future performance.
This is a discussion only thread and is not advice to invest in any particular stock.
January 2020 stock of the month thread
December 2019 stock of the month thread
November 2019 stock of the month thread
October 2019 stock of the month thread
September 2019 stock of the month thread
August 2019 stock of the month thread
July 2019 stock of the month thread
June 2019 stock of the month thread
