I’d add: Investing - stay the course. It’s hard not to sell or to buy (we have seen record trading in the last 2 days). It’s hard to time the market and yet unclear whether we are heading towards recession or depression. If you have spare cash - good idea is to beef up emergency fund (from “standard” 3-6 months of living expenses). If you want to take advantage of the market volatility - remember of the “wash sale” rule.
Strengthen the team - it’s a good opportunity to put aside your differences and mobilize the team to face the situation. I’ve seen “enemies” putting on hold their “political” battles to do what’s best for the customers
Stay focused - your work activity might slow down. Use the time to advance on the things that are important (read the books you did not have time before; build a website or whatever it is). Do not allow this time to be wasted in following every piece of news or binge watching TV...
Я не уверена даже, что 3 месяца достаточно, мне кажется лучше думать почти про год. И абсолютно точно не рисковать, торгуя деньгами emergency fund for a quick buck
Торговать на волатильности не будучи профессионалом или если это больше 5-10% свободных денег крайне опасно.
Ну и из совсем базового - не продавать сейчас поддаваясь панике, unless you really have to. Если нет emergency fund на неск месяцев, наверное стоит продать часть активрв сейчас..
crypto, which is supposedly uncorrelated with traditional markets, fell by 50% following traditional markets collapse because of panic sell by people and institutions.. just liquidating whatever sells
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Investing - stay the course. It’s hard not to sell or to buy (we have seen record trading in the last 2 days). It’s hard to time the market and yet unclear whether we are heading towards recession or depression. If you have spare cash - good idea is to beef up emergency fund (from “standard” 3-6 months of living expenses). If you want to take advantage of the market volatility - remember of the “wash sale” rule.
Strengthen the team - it’s a good opportunity to put aside your differences and mobilize the team to face the situation. I’ve seen “enemies” putting on hold their “political” battles to do what’s best for the customers
Stay focused - your work activity might slow down. Use the time to advance on the things that are important (read the books you did not have time before; build a website or whatever it is). Do not allow this time to be wasted in following every piece of news or binge watching TV...
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Я не уверена даже, что 3 месяца достаточно, мне кажется лучше думать почти про год. И абсолютно точно не рисковать, торгуя деньгами emergency fund for a quick buck
Торговать на волатильности не будучи профессионалом или если это больше 5-10% свободных денег крайне опасно.
Ну и из совсем базового - не продавать сейчас поддаваясь панике, unless you really have to. Если нет emergency fund на неск месяцев, наверное стоит продать часть активрв сейчас..
crypto, which is supposedly uncorrelated with traditional markets, fell by 50% following traditional markets collapse because of panic sell by people and institutions.. just liquidating whatever sells
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