Summary: <br> Announcer (<a href="https://www.temi.com/editor/t/ywiicFhA_PkCSMne3k90oe3gqMgkuTOeTVg8TTdcUFhQKIz00DTgplrSvJ-1kYUMMydXF1F6053KqLNM02cPv4qIM4M?loadFrom=DocumentDeeplink&ts=0.66">00:00</a>):<br> <br> <br> <br> You’re tuned in to the Investing for Beginners podcast.<br> Finally, step by step premium investment guidance for beginners led by Andrew<br> Sather and Dave Ahern. To decode industry jargon, silence crippling confusion,<br> and help you overcome emotions by looking at the numbers, your path to<br> financial freedom starts now.<br> <br> <br> <br> Dave (<a href="https://www.temi.com/editor/t/ywiicFhA_PkCSMne3k90oe3gqMgkuTOeTVg8TTdcUFhQKIz00DTgplrSvJ-1kYUMMydXF1F6053KqLNM02cPv4qIM4M?loadFrom=DocumentDeeplink&ts=36.21">00:36</a>):<br> <br> <br> <br> All right folks, welcome to Investing for Beginners<br> podcast. This is episode 141 tonight. Andrew and I got a, well actually we’ve got<br> a great a wetter from one of our listeners recently, a couple of weeks ago and<br> it describes, it touches on two subjects that are very forefront in the news<br> recently with the growing possibility of a pandemic with Coronavirus as well as<br> the ups and downs of the stock market lately over the last three or four days,<br> which is mostly down the last three days. So we thought we would read this<br> sweater and kind of help answer this question for the gentleman, and I’m going<br> to turn over an Andrew, and he is going to go ahead and get us started.<br> <br> <br> <br> Andrew (<a href="https://www.temi.com/editor/t/ywiicFhA_PkCSMne3k90oe3gqMgkuTOeTVg8TTdcUFhQKIz00DTgplrSvJ-1kYUMMydXF1F6053KqLNM02cPv4qIM4M?loadFrom=DocumentDeeplink&ts=76.02">01:16</a>):<br> <br> <br> <br> Okay, sure. I’ll start reading what he said and to give<br> context. So we’re recording this on the 27th of February. Trump just did his<br> first conference on the Coronavirus last night and today, earlier this morning,<br> and I saw reports that we have cases in California now with the current virus.<br> <br> <br> <br> Andrew (<a href="https://www.temi.com/editor/t/ywiicFhA_PkCSMne3k90oe3gqMgkuTOeTVg8TTdcUFhQKIz00DTgplrSvJ-1kYUMMydXF1F6053KqLNM02cPv4qIM4M?loadFrom=DocumentDeeplink&ts=102.18">01:42</a>):<br> <br> <br> <br> So it’s getting really serious. People are freaking out<br> and with good reason, and I mean, I had a warning about this two weeks ago from<br> this email I received, and it’s just one of those things you can’t, I guess<br> ever really understand the gravity of it until it starts to affect you. But<br> let’s read some of his experiences. Talk about how that’s evolved and what we<br> see for the market moving forward. So this is from Matt. He says, hi there,<br> Andrew. I’ve subscribed to your monthly stock picks, and they’ll start<br> following them, investing in the stocks you choose. I have a few questions<br> regarding the current economic environment and the future outlook. I’m from<br> Australia but live in Singapore. The current Coronavirus has created a lot of<br> havoc in this part of the world, and it doesn’t look like it will calm down<br> anytime soon.<br> <br> <br> <br> <br> <br> <br> <br> Andrew (<a href="https://www.temi.com/editor/t/ywiicFhA_PkCSMne3k90oe3gqMgkuTOeTVg8TTdcUFhQKIz00DTgplrSvJ-1kYUMMydXF1F6053KqLNM02cPv4qIM4M?loadFrom=DocumentDeeplink&ts=153.21">02:33</a>):<br> <br> <br> <br> From my perspective, I run rehabilitation clinics around<br> Asia, and our patient numbers have dropped by around 30% our medical supply<br> chain has been greatly interrupted, and the companies are unable to deliver our<br> stock. China has stopped at manufacturing schools, and businesses are starting<br> to close and stop operating for periods due to the virus. People are not eating<br> now.
