Amazines Free Article Archive
www.amazines.com - Saturday, October 31, 2020
Read about the most recent changes and happenings at Amazines.com
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Google
Subscriptions Manage Ezines
CATEGORIES
 Article Archive
 Advertising (133423)
 Advice (161147)
 Affiliate Programs (34755)
 Art and Culture (73741)
 Automotive (145656)
 Blogs (75204)
 Boating (9843)
 Books (17221)
 Buddhism (4128)
 Business (1328979)
 Business News (426375)
 Business Opportunities (366335)
 Camping (10967)
 Career (72752)
 Christianity (15848)
 Collecting (11638)
 Communication (115068)
 Computers (241945)
 Construction (38923)
 Consumer (49684)
 Cooking (17066)
 Copywriting (6639)
 Crafts (18205)
 Cuisine (7543)
 Current Affairs (20418)
 Dating (45882)
 EBooks (19695)
 E-Commerce (48223)
 Education (185291)
 Electronics (83503)
 Email (6407)
 Entertainment (159838)
 Environment (28929)
 Ezine (3039)
 Ezine Publishing (5450)
 Ezine Sites (1550)
 Family & Parenting (110923)
 Fashion & Cosmetics (196426)
 Female Entrepreneurs (11845)
 Feng Shui (131)
 Finance & Investment (310449)
 Fitness (106330)
 Food & Beverages (62911)
 Free Web Resources (7939)
 Gambling (30221)
 Gardening (25144)
 Government (10530)
 Health (629694)
 Hinduism (2206)
 Hobbies (44054)
 Home Business (91576)
 Home Improvement (251126)
 Home Repair (46171)
 Humor (4834)
 Import - Export (5453)
 Insurance (45105)
 Interior Design (29582)
 International Property (3485)
 Internet (191001)
 Internet Marketing (146462)
 Investment (22838)
 Islam (1167)
 Judaism (1356)
 Law (80476)
 Link Popularity (4595)
 Manufacturing (20854)
 Marketing (98973)
 MLM (14136)
 Motivation (18219)
 Music (27012)
 New to the Internet (9496)
 Non-Profit Organizations (4048)
 Online Shopping (129629)
 Organizing (7803)
 Party Ideas (11852)
 Pets (38068)
 Poetry (2234)
 Press Release (12682)
 Public Speaking (5635)
 Publishing (7527)
 Quotes (2407)
 Real Estate (126635)
 Recreation & Leisure (95388)
 Relationships (87667)
 Research (16165)
 Sales (80335)
 Science & Technology (110255)
 Search Engines (23486)
 Self Improvement (153217)
 Seniors (6236)
 Sexuality (35948)
 Small Business (49293)
 Software (83012)
 Spiritual (23475)
 Sports (116093)
 Tax (7659)
 Telecommuting (34066)
 Travel & Tourism (307845)
 UK Property Investment (3121)
 Video Games (13428)
 Web Traffic (11740)
 Website Design (56837)
 Website Promotion (36588)
 World News (1000+)
 Writing (35788)
Author Spotlight
SHOVON JOARDER

Shovon Joarder has been working as Freelance Marketing Project Manager for over four years. He also ...more
ROBERT HOWARD

The Word of God is as, “Sweet as Honey”. God has Taken Me Through a Whole Lot of Things...more
PUSHPA SRIVASTAVA

Pushpa Srivastava is an SEO strategist that helps online business owners figure out how to grow thei...more
PAUL RICE

hello everyone l been on the net since 2000 and enjoy my work l work as an affiliate and also have w...more
ELLISEN WANG

I'm Ellisen, nice to meet you! Obviously you're here because you want to know who I am. Wel...more


Covid-19: Four Ways to Survive and Thrive in Challenging Times by David Love





Covid-19: Four Ways to Survive and Thrive in Challenging Times by
Article Posted: 04/17/2020
Article Views: 612
Articles Written: 112
Word Count: 954
Article Votes: 0
AddThis Social Bookmark Button

Covid-19: Four Ways to Survive and Thrive in Challenging Times


 
Advice,Current Affairs,Self Improvement
The fragile global economy has taken a major hit from Covid 19 pandemic. The global supply chain(s) was the first economic system to be impacted by the Coronavirus outbreak occurred in China. Since then, business operations and personal finances have been on a downward spiral due to the lockdowns and “social distancing”. Therefore, its important to look at time-tested ways to reduce the consequences to our wallets. We also have a large number of alternative financial opportunities available (to us) using the Internet.

There is no doubt that these are some of the most challenging times we have seen in generations. Almost overnight, the world was turned upside down, and the traditional, predictable way of life seemed to disappear. As the coronavirus continues to spread across the world, and as more and more people become infected by the Covid-19 disease, it can be difficult to know what to do. Yet many experts suggest that this could be the opportunity to make a real impression. If you believe in being proactive and tend to have a positive attitude in normal life, what opportunities should you be looking for now, when the pressure is on?

1. Trust Precious Metals

In times of uncertainty, people typically flock towards precious metals. This is especially the case now. And, even though the price of gold may have dropped initially at the start of the pandemic, it has since rebounded to its expected position. Some people believe that the scale of the current issue triggered an unusual sell-off as people tried to free up some cash by liquidating precious metals, but normal business has now been resumed.

As is usual, gold is the number one commodity at the moment, and you can expect the price to move steadily upward as the scale of the situation unfolds. Scarcity is also driving this commodity higher, and there is no doubt that gold is going to be one of the best investments through the rest of the year.

There are, of course, other precious metals to consider, including silver. This metal may be affected, however, by a decline in the amount of industrial capacity as this will tend to create a glut. Industrial throughput will soon recover, though, and you may be able to buy silver at a great price in order to hedge for the future.

2. Invest in Real Estate

In 2008, the great recession was bad news for real estate investors. It’s not the same this time, however, as it will become much cheaper to invest in good property and especially given the relatively low yield on “safe” elements, such as bonds.

It’s likely that more consumers will be driven towards the rental market as well. And, with personal incomes in temporary decline and a lot of pressure on savings, the housing market is likely to be volatile. In this case, you can expect to see government intervention and support for those who want to enter the rental market, giving a big boost to the housing stock.

Take advantage of low interest rates and an emerging market by putting your money into housing stock that can be converted into rental properties. With mid to long-term aspirations, you should be in the best position to capitalise when things naturally start to rebound.

3. Buy a Business

In recent years, more people than ever have decided to take control of their own destiny and start their own business. This can certainly be a good solution in challenging times, but it may be even more advantageous to buy a business instead of starting one from scratch.

Be under no illusion; a huge number of small business owners are desperate to get out. Just consider how many baby boomers there are at the moment and how many of them are at or above retirement age. Tens of thousands of these individuals have worked hard all their life, and they will certainly be motivated to sell now, if not before.

Many of these business owners are what they call “lifestyle” operators, and they have a business that can survive their exit with a second-tier management level already in place. This means that you could come up with a creative solution to help them hand over their business without too much cash advance on your part.

4. Establish an Online Business

Alternatively, why not start an online business? If you do, you could work from home and take advantage of the latest technology, while saying goodbye to that tedious commute once and for all. These days, there are many opportunities, and there’s no reason why you cannot take advantage of your expertise or lifelong experience.

Perhaps you can train others to do what you do and get involved in the education revolution. Perhaps you can set up an online business to sell a niche product or promote a specific service. After all, it is so easy to communicate with people these days and even easier to accept money using a variety of online portals.

Resilience and Fortitude

Times like these call for resilience, and you need to look for some practical solutions to power your way through. While we may encounter a global recession or even a mild economic depression as things unfold, it is nevertheless time to focus on your personal empowerment.

Look for practical moneymaking solutions while others may have their head in their hands.

About

Det David Love is a consultant with Money Mastery International, a financial education consortium. MMI offers live workshops and seminars designed to help people become financially independent. The instructors are professionals and business entrepreneurs who take a wholistic approach to financial literacy by exploring the psychology of money, practical money management principles, and time-tested wealth-building methods.

http://moneymasteryinternational.com

Related Articles - Covid 19 Money, Covid 19 Finances, Coronavirus Global Economy, Covid 19 Pandemic, Coronavirus Pandemic, Corid 19 outbreak, Coronavirus outbreak,

Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.

 

Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
05/26/20 - 7:42:40 PM - Mike Wheeler
Mr. Love, Your article was exactly what I was looking for. I have been trying for two weeks to write one myself covering the same topic and just could not come up with the words. I was extremely happy to read it and add it to my blog. Please find it here:https://www.ifyouwanttoberich.com/2020/05/covid-19-four-ways-to-survive-and.html Please let me know if any changes are required or if I posted it incorrectly. Thank you again. Best, Mike Wheeler

Submit your comments and they will be posted here.
Make this comment or to the Author only:
Name:
Email:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
 
Please enter the code in the image:



 Author Login 
LOGIN
Register for Author Account

 

Advertiser Login

 

ADVERTISE HERE NOW!
   Limited Time $60 Offer!
   90  Days-1.5 Million Views  

 

Great Paranormal Romance


JASON NG

Jason Ng has a huge passion for the health and fitness industry as he strongly believes that having ...more
STEVERT MCKENZIE

Stevert Mckenzie, Travel Enthusiast. ...more
GENE MYERS

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
DAMIAN POWELL

Demonstrated exceptional leadership in the government and private sector at an executive level. Skil...more
STEPHEN BYE

Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through The...more
LAURA JEEVES

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
TIM FAY

I am not a writer nor am I trying to become a writer. I am an average person with average intelligen...more
ADRIAN JOELE

I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more
SUSAN FRIESEN

Susan Friesen, founder of the award-winning web development and digital marketing firm eVision Media...more
MICHAEL BRESCIANI

Rev Bresciani is the author of two Christian books. One book is an important and concisely written b...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2020, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from wikipedia.org under the GNU FDL license