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Radical Personal Finance

707-Thoughts on COVID-19 Events du Jour

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Self-improvement, Business, Education, Investing

4.21.9K Ratings

🗓️ 12 March 2020

⏱️ 31 minutes

🧾️ Download transcript

Summary

Quick interim show to share a few of my thoughts on the emerging COVID-19 events.

Fascinating study in human psychology going on now. Pay attention!

Transcript

Click on a timestamp to play from that location

0:00.0

Well, ladies and gentlemen, exciting times to be alive. It's getting real, huh?

0:04.5

Welcome to Radical Personal Finance, a show dedicated to helping you live a rich and meaningful life now,

0:09.5

while building a plan for financial freedom in 10 years or less,

0:13.0

although lately it's kind of turned into COVID Central around here.

0:17.8

Hope you'll just stick with me.

0:20.6

I've actually tried three times in the last couple of days to record a couple

0:26.2

of the shows and for a variety of reasons I have not been able to get it done. I've been traveling

0:31.1

this week in Louisville, Kentucky, had a great

0:33.4

meet-up with a bunch of listeners last night and anyway sat down and did a couple

0:38.7

of shows and I got several times into it and I just couldn't get it done and but this evening I feel like I got to turn the mic on so it's late at night here on Wednesday, March 11, 2020 and it's been a momentous day and a momentous evening in the news of the day. And so I wanted to just to get

0:57.0

on the microphone, share with you a few ideas specifically about the flu pandemic, the emerging COVID-19 pandemic.

1:05.0

It's going to get worse before it gets better,

1:08.0

but I'm going to try to give you some positive things to think about.

1:12.0

And then I'll try to give you just a few ideas

1:15.2

on economics, but I will continue to talk about some other things.

1:18.8

Certainly things are being affected, left, right, and center all over the place.

1:24.0

So let's begin.

1:24.9

The news is coming fast at the moment.

1:27.2

This evening, President Trump announced

1:29.2

that the United States is, in addition to banning travel from South Korea and China the United States is

1:36.8

banning travelers from Europe except the United Kingdom for the next 30 days.

1:41.2

That's a significant development.

...

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