There are many more diseases which cause more death than COVID-19, including regular pheumonia and seasonal flu (including Type A – H1N1). However, the impact could be more on senior citizens or group with weaker immune system, therefore usually these common diseases (pneumonia or even common flu) are not viewed seriously, not just in Singapore, also in other countries. So, the fear of COVID-19 coronavirus (unknown new health enemy) could be a blessing in disguise for the world, helping to save more lives for dying in other common diseases.
Pneumonia requires 2 vaccines injections (1 each year, over 2 years), recommended for elderly people over 60 years old, risk could be minimized significantly as effect could last for life. Seasonal flu is more tricky, different each year or every 6 months, similar to change in fashion, see which is popular virus, then requiring new injection each time, therefore may not be practical for ordinary people.
COVID-19 crisis could be an opportunity to save more lives in other diseases (than potential death in COVID-19 virus) because due to great awareness among the people (eg. wearing mask or keep a distance from those who are sick, etc), may be only 1% of results is used to prevent COVID-19 but 99% of effort indirectly helps to prevent spreading of other known diseases.
Crisis is Opportunity for Stock Investment
Similarly, for stock investment, there are many “blessing in disguise”, crisis is opportunity. Eg, many strong fundamental business stocks may not be cheap (eg. Apple Inc, NYSE: AAPL) when investors are “normal”, usually need to pay for higher prices to get a share for business ownership. However, during global financial crisis, these popular stocks could give tremendous discount, eg. Apple Inc prices dropped to half (50% discount) during 2008-2009 subprime crisis.
However, “Blessing in Disguise” is only possible for stock investment with several conditions:
1) The stock must have strong business fundamental
2) The stock price falls due to fear of market, not due to business (still strong)
3) Investor needs to have independent thinking (not affected by other people opinion), knowing what to buy, when to buy/sell.
So, stock investment knowledge is critical to convert Crisis into Opportunity. With the Coronavirus may end (or accepted globally as seasonal flu which is less deadly) in near future, it is timely to learn about stock investment.
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