Topic: The pandemic outcome - page 14. (Read 2167 times)
There will be extreme tightening of belts right after this pandemic. Lucky for you because you have no family yet. Basically, you are just looking after yourself. That would not be as hard as those who have families to feed and support and send to school. I hope the economy will recover rather fast after this crisis. For the meantime, we will have to reduce our expenses to the very basic. It is best to stick to needs for now and set aside wants. There is an urgent need to stretch our finances to the maximum. If you have some spare investment money out there, never leave them in fiat or in the traditional market such as stocks. You might want to consider gold or Bitcoin.
Don't take any loans, keep some cash, keep some crypto (depending on your risk apetite) and you'll be fine.
I wouldn't touch any investments especially the stocks. Real Estate is going down too. You can't pay your rent if you have no job. Landlords who depend on their tenants will get fucked too. It will be a massive chain reaction and it has already started.
If you have an ongoing mortgage it will be tough.
Don't borrow any money. That is the shit which caused this shitfest.
If you don't have enough cash to buy something, it means you shouldn't buy it.
For me there is a opportunity in stock market because we can do short selling in the U.S. stock market where we can make profit even the market is going down. I have investment in indices and I make profit last week with 6%. It seems small but for me it is big and important thing is I make money with bearish market. I wouldn't touch any investments especially the stocks. Real Estate is going down too. You can't pay your rent if you have no job. Landlords who depend on their tenants will get fucked too. It will be a massive chain reaction and it has already started.
If you have an ongoing mortgage it will be tough.
Don't borrow any money. That is the shit which caused this shitfest.
If you don't have enough cash to buy something, it means you shouldn't buy it.
For now i dont consider on wasting up any money on things which arent important and investing nowadays is out of my list.
As mentioned and suggested above i wouldnt buy things which arent needed and prioritize on buying goods that would be sustainable
for survival.We dont know on when this pandemic or crisis would end thats why its better to be prepared than doing nothing at all.
As mentioned and suggested above i wouldnt buy things which arent needed and prioritize on buying goods that would be sustainable
for survival.We dont know on when this pandemic or crisis would end thats why its better to be prepared than doing nothing at all.
Don't take any loans, keep some cash, keep some crypto (depending on your risk apetite) and you'll be fine.
I wouldn't touch any investments especially the stocks. Real Estate is going down too. You can't pay your rent if you have no job. Landlords who depend on their tenants will get fucked too. It will be a massive chain reaction and it has already started.
If you have an ongoing mortgage it will be tough.
Don't borrow any money. That is the shit which caused this shitfest.
If you don't have enough cash to buy something, it means you shouldn't buy it.
I wouldn't touch any investments especially the stocks. Real Estate is going down too. You can't pay your rent if you have no job. Landlords who depend on their tenants will get fucked too. It will be a massive chain reaction and it has already started.
If you have an ongoing mortgage it will be tough.
Don't borrow any money. That is the shit which caused this shitfest.
If you don't have enough cash to buy something, it means you shouldn't buy it.
It is very likely that we will be soon witness another crisis after this pandemic event many people around the world are becoming jobless, in other word no financial to face the reality when this such phenomenon exit, add up the mortgage and bills to pay for, it is sure pain in the back to workaround and see what we can do for the upcoming month during this pandemic.
For me I will just thrown away any things that can be sell off, to support what do I need for, and stay on my list to dos after the event I don't have a family for the moment sure give me a time to not worry about.
How about you give me your thought on this event I might be adapt your idea and get some of it to surest my stability when the time comes,
For me I will just thrown away any things that can be sell off, to support what do I need for, and stay on my list to dos after the event I don't have a family for the moment sure give me a time to not worry about.
How about you give me your thought on this event I might be adapt your idea and get some of it to surest my stability when the time comes,
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