One Year Later: I began my COVID journal on March 24th. The intent was to write down things that were catching my attention due to the pandemic. For my entries prior to March 24th, I wrote about what I recalled.
“February 16 I rented a car for my Arizona trip and contacted Bill & Mikki and Susan to coordinate visits when I get to Phoenix. February 19, I had a phone meeting with my financial advisor, and we listed the coronavirus as something affecting investments and to keep an eye on, just like upcoming elections were. Not really a critical topic.”
Interestingly, it turned out that we were right, only not in the way we imagined. The virus turned out to be a massively critical topic, but inexplicably has not negatively impacted my investments. Somehow, somehow, my stocks have increased in value despite the worldwide chaos. I do believe the full economic impact of COVID-19 is yet to be felt, however. At some point, all the repercussions must be felt. Right? I mean, small businesses are devastated, people are still out of work, how can it not be reflected in stock value eventually?