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EP-24 Stocks, trading & investing in a crisis
Manage episode 310591640 series 3062972
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There’s a lot of conversation going on around it about it being a “ good or bad” time to invest hence we could be headed into another economic depression due to COVID-19. We see store hours being reduced and non- essential businesses closing down, some even for good. These changes we’re seeing has caused the stock exchange to be at an all time low which is never good, but is their a silver lining in this is if things go back to normal for us? Stock share prices are low which means they’re affordable, how would it feel to own a piece of the world’s largest travel company? Currently, you can buy a share of American Airlines for $10.87. Why not buy 5 shares, spend $54 bucks and invest for your future? You’ve probably spent that on food, clothes, Uber or other miscellaneous things and have never seen that money again. We don’t know what will happen in the next 6 months, but if things happen to resume back to normal, people start traveling, and shopping again, that means you could double or maybe tripled your investment. Listen to me and Pre, owner and creator or Melanin Voyage, entrepreneur, and 7 year trader talk stocks, trading & investing in a crisis. --- Support this podcast: https://podcasters.spotify.com/pod/show/trdbizpod/support
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