COVID-19: Make Money While On Lockdown

• LOCKDOWN IS NOT LOCKAWAY

 

During this lockdown period, so many families struggle to feed. Some people can’t even boast of a three square meal per day. This is because they solely depend on one source of income.

 

Many people will cry in post COVID’19 era. Many families will experience abject poverty. But you can be an exemption if you take action today

 

Some women solely depend on their husbands for all their financial needs.

Many students usually complains of lack of money.

Within a few weeks of Covid-19, or Coronavirus, taking a grip on the globe, stock markets reacted in less than favourable ways. Billions of Pounds and US Dollars, the planet’s strongest currencies, were wiped in a matter of days and companies began to feel an unexpected pinch.

 

But while the world reacts in a panic, it is not all doom and gloom for those of us on lockdown or in self-isolation. As the falling prices are likely to fall even further before they regain their strength, the fact is that they will get better, and when they do, you will want to take full advantage of the revival.

 

COVID-19 is officially a global pandemic. No industry is safe from the financial impact that this virus will have, and will continue to have, but the stock markets in particular are feeling a certain stress that they have not felt in decades.

 

It is fair to say that now is not the time to be making big investment decisions. For many of the biggest countries, this is only the start of the pandemic, so we are almost certain to see more upsets in the coming weeks.

This period is in many ways a great time for the smart investor who can keep their heads about them in a time of crisis. And if you find that you are one of the unlucky few who are quarantined, think of this as the perfect time to read up about the various companies that you can invest in.

 

The Industries to Focus on

During this downtime, which no one really knows how long will last, there will be at least 3 industries that will benefit.

 

The Telecomms and Digital Industry

 

Millions of people staying at home for weeks on end. You can be sure that plenty of shopping will be done during this time. Web based companies and those working in telecommunications are among the ideal companies to invest in now.

 

And since these are industries that are always on the up, investing here can be seen as a good long term option.

 

Entertainment

 

Again, since people are staying indoors, entertainment such as streaming services are going to become a very popular way to pass the time. It’s a good idea to look for shares in these types of companies.

 

Distant Learning

 

Now is the best time to improve education and take an online course. There are a few companies out there, some possibly listed on the exchange that you can invest in and enjoy the long term benefits.

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