Watch the video on this week’s subject on The Shakiba Report! The coronavirus caused a massive disruption in the economy – not just in the United States but throughout the world. But no matter how bad things get, the rich always seems to get richer. People with a net worth of seven figures or more […]
While it will most likely get worse over the next couple of months, there is a proverbial light at the end of the tunnel. When things start back up, the economy will recover quickly, and hopefully everyone will get back to work soon! In the meantime, here are some steps you should consider taking if you have lost your job because of the coronavirus pandemic.
You might be wondering how you’ll be able to survive the current economic downturn, and it could cause you make a decision based on emotions (which are no doubt running high). There is a way out of this situation, but it requires a strategy.
Because of the spread of COVID-19, many parts of the country have had to shut down (which brought the economy to a grinding halt). The recent crisis has left many businesses and investors in a precarious situation, as the stock market plunged in a matter of weeks. You might be wondering how you can continue to make money during this crisis, but you can come out ahead over the long term if you get more strategic about your investing.
The sudden downturn in the market has left many people out of work, which can cause people to make drastic and emotional financial decisions. You might be looking at your options and wondering how you will survive these difficult times. You might even be thinking about tapping into your savings, including your 401(k). But before you think about digging into your retirement nest egg, there are some things you need to know before you make a decision.