Black Monday 9 Mar 2020 - VIX index and Coronavirus fears, Oil Shock....

VIX index

VIX index or also known as the "fear" index is the real-time market index on the volatility in the market. The higher the number, the greater the fear in the market.

The index reached 52-weak high of 62.12 on BLACK Monday, 9 Mar 2020. Is it really very high? Compared to 89.53 on 24 Oct 2008, maybe not that high. Nobody knows how high this can get. 

But one thing is for sure. 

There is fear in the market. As Warren Buffet once said, "be greedy when people are fearful". It is time to buy some stocks whose prices have tumbled. 

Whether is it banks, tourism-related stocks -airlines, cruises, or ETFs, it is up to you to decide. 

For me, i bought some ETFs (Vanguard ETFs) on Monday. 

Did you buy something on Monday? More opportunities may come soon. Who knows?