Avoid Panic Buying During Quarantine And Stop Wasting Your Hard-Earned Money On These Products

Published on 04/19/2020
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Essential Oils Are Not Going To Help You

We are honestly a little disappointed that we have to clarify this. It is a scam if someone says that essential oils can do anything against the coronavirus. The Federal Trade Commission and the FDA even filed joint letters against some essential oil companies. The FDA said, “There currently are no vaccines, pills, potions, lotions, lozenges or other prescription or over-the-counter products available to treat or cure [COVID-19].” The oils are also pretty expensive, and you can use that money on other things. Trust us, the government will endorse the vaccine or treatment when it is finally produced.

Essential Oils Are Not Going To Help You

Essential Oils Are Not Going To Help You

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Do Not Sell Your Stocks Right Now

As of early March, the stock market dropped by more than 20% of what it had been in February. No doubt, stocks are going to go down during the quarantine. You might even want to put yours on the market in fear. Even though you might feel better by getting rid of stocks, Edelman Financial Engines’ Ric Edelman said that this is a bad move. He told CNBC, “It will lock in their losses and cause them to incur taxes, as they likely still have profits on their taxable accounts.” People tend to buy low and sell high, so you are doing the exact opposite if you sell retirement holds and stocks in the middle of this craziness!

Do Not Sell Your Stocks Right Now

Do Not Sell Your Stocks Right Now

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