Ep 4 - Coronavirus Fears - What To Do When The Stock Market Drops?

<p>In this episode, we discuss the what to do when the stock market starts to drop due to the Coronavirus panic sell off. We give some insightful tips on how to make money during this period and best practices on how to not lose money.  </p> <p>Help support us by joining our Patreon! (<a href='https://www.patreon.com/BrokeMillennialFinance'>https://www.patreon.com/BrokeMillennialFinance</a>)</p> <p>Subscribe To Our YouTube Channel: (<a href='https://www.youtube.com/c/brokemillennialfinance'>https://www.youtube.com/c/brokemillennialfinance</a>)</p> <p>Here are the referral links for you to join to get your free stocks:</p> <p>Robinhood: (<a href='https://join.robinhood.com/naveras-a23246'>https://join.robinhood.com/naveras-a23246</a>)</p> <p>Webull: (<a href='https://act.webull.com/i/QNmo8WB8Yzc2/74x/'>https://act.webull.com/i/QNmo8WB8Yzc2/ufl/</a>)</p> <p>Coinbase: (<a href='http://coinbase.com/join/khan_st?src=ios-link'>http://coinbase.com/join/khan_st?src=ios-link)</a></p> <p>Show Notes:</p> <ul><li style="font-weight:400;">What not to do <ul><li style="font-weight:400;">Many investors panic and start to sell</li> <li style="font-weight:400;">Media hypes up negative headlines</li> <li style="font-weight:400;">They sell at a loss just to get out.</li> </ul> </li> <li style="font-weight:400;">What you should do <ul><li style="font-weight:400;">Sell stocks partially if you think they are too high. Think Tesla</li> <li style="font-weight:400;">Perfect time to buy stocks that are now at good levels. </li> <li style="font-weight:400;">See what the current negatives are (coronavirus) buy pharmaceutical stocks</li> </ul> </li> </ul>