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who will make lots of cash from covid 19
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By *riskygaz OP Man
over a year ago
birmingham |
Who will be the biggest winners from covid-19 in the short term supermarkets for sure, Company's who make hand sanitizer, and I guess any medical PPE company's.
The NHS will be stronger for it in the end, because all this extra medical equipment will still be there after this is all over. And I think a massive stock pile of stuff will be made for any future event like this happening ever again. |
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I'm not so sure about supermarkets. People aren't eating more and i guess they will be buying less as money becomes tighter due to job loss and then bang we will be in the midst of a global financial crisis and collapse of the workforce as we know it.
I think online business is the way to go and Joe Wix.... that fucker will make money from this ...... who else though ..... hmmmmmmm corner shops are seeing an upturn .....
BOOM........ counsellors, life coaches and psychiatrists....... remember I said it here.
And the biggest maker of all will be pharmaceuticals and anyone who is watching out for the property slump so they can buy low sell high.
Hmmmmm and my friend who has just bought slumped shares...... even a small increase in the future means he is quids in ......fucking vulture. Wish i'd have thought of it.
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By *riskygaz OP Man
over a year ago
birmingham |
"I'm not so sure about supermarkets. People aren't eating more and i guess they will be buying less as money becomes tighter due to job loss and then bang we will be in the midst of a global financial crisis and collapse of the workforce as we know it.
I think online business is the way to go and Joe Wix.... that fucker will make money from this ...... who else though ..... hmmmmmmm corner shops are seeing an upturn .....
BOOM........ counsellors, life coaches and psychiatrists....... remember I said it here.
And the biggest maker of all will be pharmaceuticals and anyone who is watching out for the property slump so they can buy low sell high.
Hmmmmm and my friend who has just bought slumped shares...... even a small increase in the future means he is quids in ......fucking vulture. Wish i'd have thought of it.
"
it will be a massive financial hit for the whole world, they will be talking about this day long after are generation has gone, definitely one for the history books. |
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"I'm not so sure about supermarkets. People aren't eating more and i guess they will be buying less as money becomes tighter due to job loss and then bang we will be in the midst of a global financial crisis and collapse of the workforce as we know it.
I think online business is the way to go and Joe Wix.... that fucker will make money from this ...... who else though ..... hmmmmmmm corner shops are seeing an upturn .....
BOOM........ counsellors, life coaches and psychiatrists....... remember I said it here.
And the biggest maker of all will be pharmaceuticals and anyone who is watching out for the property slump so they can buy low sell high.
Hmmmmm and my friend who has just bought slumped shares...... even a small increase in the future means he is quids in ......fucking vulture. Wish i'd have thought of it.
Shares???, don’t buy yet, the market hasn’t bottomed yet, hold on to any disposable income for now.
"
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By (user no longer on site)
over a year ago
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We're doing okay out of it on a personal level. Both of us are working fulltime still, our expenditure is significantly reduced and most things we normal spend cash on are cancelled. I mean we're not going to be rich at the end of this but we'll have enough for a decent holiday.
And before anyone makes a snide comment we are both working long hours for no extra reward so yes I am going to focus on the one entirely selfish perk from all this. |
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By (user no longer on site)
over a year ago
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"We're doing okay out of it on a personal level. Both of us are working fulltime still, our expenditure is significantly reduced and most things we normal spend cash on are cancelled. I mean we're not going to be rich at the end of this but we'll have enough for a decent holiday.
And before anyone makes a snide comment we are both working long hours for no extra reward so yes I am going to focus on the one entirely selfish perk from all this. "
There is nothing wrong with making the best of a shit situation.
I’m totally fine and actually encourage anyone to come out of this better than they went in. Obviously without using means of exploitation. |
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By *emini ManMan
over a year ago
There and to the left a bit |
Whilst I would hope that the NHS will be stronger once we come out the other side now that it's worth has been truly appreciated by the whole country, my fear is that by the time it is over it will be so on it's knees that the current government will see that as a reason to push ahead with its plans to actually further decimate and privatise it - whilst the government may currently, and rightly, be throwing money at it - I don't trust them enough to want to claw that back (which it will have to do somehow) from the very system it is currently supporting.
Those that will benefit however will be the hedge fund managers and other power brokers who you can have no doubt will already have worked out how to profit from an awful situation. |
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Put my next buy to let on hold as watching the market.
Thinking of putting some cash in a global emerging market fund.
A few people on here have recommended precious metals. Always worth a look.
As someone said above you got to try and make the best of it. |
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"
Anyone with serious money in the bank
Why - interest rates at an all time low and protection stands at £75k"
I’m thinking more on the lines of Billionaires, they will buy up and divide what they can |
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By (user no longer on site)
over a year ago
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The banking system as we know will be gone,oh and the rich it's opened our eyes that we don't need them. Time to share the money around the people who really matter. |
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By (user no longer on site)
over a year ago
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Any business that is in the leisure / entertainment / travel industry that survives this are likely to see a big upsurge as once restrictions are lifted people are going to want to celebrate, party and get out and about again. |
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"Who will be the biggest winners from covid-19 in the short term supermarkets for sure, Company's who make hand sanitizer, and I guess any medical PPE company's.
The NHS will be stronger for it in the end, because all this extra medical equipment will still be there after this is all over. And I think a massive stock pile of stuff will be made for any future event like this happening ever again."
Not sure about the nhs |
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By (user no longer on site)
over a year ago
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"Anyone in property won't be a winner. The mortgage companies requiring a 40% deposit tells you everything you need to know about where the prices are heading."
Going back to how it was in the 60s and 70s all changed in the late 80s, easy money means more people in hock to the banks. Banking system has to much power and control not any more they are going to have to bail us out for a change.
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"Put my next buy to let on hold as watching the market.
Thinking of putting some cash in a global emerging market fund.
A few people on here have recommended precious metals. Always worth a look.
As someone said above you got to try and make the best of it. "
I'm more concerned with hoping my parents dont die than exploiting a horrible situation tbh. |
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"https://www.mirror.co.uk/news/politics/jacob-rees-moggs-investment-firm-21814351
These tossers. Remember, he loves this country though..."
There are loads doing it.
Still all in this together eh?
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" Hmmmmm and my friend who has just bought slumped shares...... even a small increase in the future means he is quids in ......fucking vulture. Wish i'd have thought of it.
Shares???, don’t buy yet, the market hasn’t bottomed yet, hold on to any disposable income for now."
Agreed |
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"Put my next buy to let on hold as watching the market.
Thinking of putting some cash in a global emerging market fund.
A few people on here have recommended precious metals. Always worth a look.
As someone said above you got to try and make the best of it.
I'm more concerned with hoping my parents dont die than exploiting a horrible situation tbh."
Are the two mutually exclusive?
I have a Dad and a Stepmum shut off from the world and I’m doing my very best to look after them.
I’m also trying to look out for my retirement which was on course until this came along so I have to change tact is that so bad? |
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"Put my next buy to let on hold as watching the market.
Thinking of putting some cash in a global emerging market fund.
A few people on here have recommended precious metals. Always worth a look.
As someone said above you got to try and make the best of it.
I'm more concerned with hoping my parents dont die than exploiting a horrible situation tbh.
Are the two mutually exclusive?
I have a Dad and a Stepmum shut off from the world and I’m doing my very best to look after them.
I’m also trying to look out for my retirement which was on course until this came along so I have to change tact is that so bad? "
People have different ways of thinking.
Personally I think making a killing out of this situation is ethically questionable but thats capitalism for you.
Ethics get you nowhere. |
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"Put my next buy to let on hold as watching the market.
Thinking of putting some cash in a global emerging market fund.
A few people on here have recommended precious metals. Always worth a look.
As someone said above you got to try and make the best of it.
I'm more concerned with hoping my parents dont die than exploiting a horrible situation tbh.
Are the two mutually exclusive?
I have a Dad and a Stepmum shut off from the world and I’m doing my very best to look after them.
I’m also trying to look out for my retirement which was on course until this came along so I have to change tact is that so bad?
People have different ways of thinking.
Personally I think making a killing out of this situation is ethically questionable but thats capitalism for you.
Ethics get you nowhere."
I’m looking out for my comfortable retirement at nobody’s expense. I’m not stepping on anybody to get ahead. I sleep at night. |
Reply privately, Reply in forum +quote
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"Put my next buy to let on hold as watching the market.
Thinking of putting some cash in a global emerging market fund.
A few people on here have recommended precious metals. Always worth a look.
As someone said above you got to try and make the best of it.
I'm more concerned with hoping my parents dont die than exploiting a horrible situation tbh.
Are the two mutually exclusive?
I have a Dad and a Stepmum shut off from the world and I’m doing my very best to look after them.
I’m also trying to look out for my retirement which was on course until this came along so I have to change tact is that so bad?
People have different ways of thinking.
Personally I think making a killing out of this situation is ethically questionable but thats capitalism for you.
Ethics get you nowhere.
I’m looking out for my comfortable retirement at nobody’s expense. I’m not stepping on anybody to get ahead. I sleep at night. "
Some people will lose their jobs.
Others will make money
Like I said its capitalism. |
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"Put my next buy to let on hold as watching the market.
Thinking of putting some cash in a global emerging market fund.
A few people on here have recommended precious metals. Always worth a look.
As someone said above you got to try and make the best of it.
I'm more concerned with hoping my parents dont die than exploiting a horrible situation tbh.
Are the two mutually exclusive?
I have a Dad and a Stepmum shut off from the world and I’m doing my very best to look after them.
I’m also trying to look out for my retirement which was on course until this came along so I have to change tact is that so bad?
People have different ways of thinking.
Personally I think making a killing out of this situation is ethically questionable but thats capitalism for you.
Ethics get you nowhere.
I’m looking out for my comfortable retirement at nobody’s expense. I’m not stepping on anybody to get ahead. I sleep at night.
Some people will lose their jobs.
Others will make money
Like I said its capitalism."
Yup luckily I will have nothing to do with people losing their jobs. |
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By *emini ManMan
over a year ago
There and to the left a bit |
"Put my next buy to let on hold as watching the market.
Thinking of putting some cash in a global emerging market fund.
A few people on here have recommended precious metals. Always worth a look.
As someone said above you got to try and make the best of it.
I'm more concerned with hoping my parents dont die than exploiting a horrible situation tbh.
Are the two mutually exclusive?
I have a Dad and a Stepmum shut off from the world and I’m doing my very best to look after them.
I’m also trying to look out for my retirement which was on course until this came along so I have to change tact is that so bad?
People have different ways of thinking.
Personally I think making a killing out of this situation is ethically questionable but thats capitalism for you.
Ethics get you nowhere.
I’m looking out for my comfortable retirement at nobody’s expense. I’m not stepping on anybody to get ahead. I sleep at night. "
As a dyed in the wool socialist I have absolutely no problem with what you are doing which as you say is taking precautionary measures to protect yourself and your future, and not at the expense of others.
What I *do* have a problem with though are the Rhees-Moggs of this world that are seeking to take advantage of others misfortune all in the name of increasing an already bulging pocket and doing so from a position of power - some may say there is no difference between what you are doing and what he is doing but it's fairly obvious to me that there is a world of difference. |
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"Some are saying the rich are going to make money out of this. The lockdown is making every one poorer so how will the make money if no one has any. "
I'm no economist as a guess you buy shares when their prices fall.
Sell again later on when the situation improves?
I'm no expert but there is always money to be made in a crises. |
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By *emini ManMan
over a year ago
There and to the left a bit |
"Some are saying the rich are going to make money out of this. The lockdown is making every one poorer so how will the make money if no one has any. "
Take a read of the article that was linked to further up thread for just one example of how they are doing so. |
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By (user no longer on site)
over a year ago
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"https://www.mirror.co.uk/news/politics/jacob-rees-moggs-investment-firm-21814351
These tossers. Remember, he loves this country though..."
Yep, Hedge Fund Managers are the winners. The losers are people who are relying or will rely on their pension pot (if they survive Covid-19) and the taxpayer who has to pick up the tab for all of this. |
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also good for art therapy.. 
