The stock market thing is terrible. Instead of huge pile of money, I’ve made a slightly smaller pile of money over the last couple years. On the bright side, when the steps we are taking succeed in controlling the pandemic, my pile of money will be huge again. Stop panicking.
IMHO, you could stay market neutral if you _really_ think investors have priced the full implications of an exponential global pandemic into the market already. (Good luck with that) But way safer just to go long on sustained volatility.
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Volatility, this week as such, is a short-term thing. If your first investment was a month ago, yeah the pain is there. Think long term, don’t try timing the market, and you might consider buying while the numbers are down.
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There's a big difference between 'timing the market' and realizing that a medium-term global recession is very likely at this point.
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