JPMorgan Chase analyst, stated in a report that
80% of American consumers have exhausted savings they might have accumulated during the pandemic.
JPMorgan Chase predicts that by June 2024,
except for the top 1%, the liquid assets of every income group will be below the levels of pre-pandemic.
$Tiger Brokers(TIGR)$
Have you become poorer or richer than before COVID?
Have you accumulated wealth during bull market in 2021?
Leave your comments and also post to win tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments
๐๐๐The most important lesson that Covid 19 has taught me is that Health Is Wealth. Without Good Health it is impossible to enjoy the fruits of my success.
Covid 19 has also taught me the importance of having a good balance in life. Spending time with loved ones is just as important as creating wealth.
So while I strive to work hard to creating wealth, I also believe in helping others who are less fortunate than me. This is my North Star and I believe that I am that much richer than before Covid. Wealth to me encompasses not only monetary assets but Friendship and Kindness which are things that money can't buy.
Am I richer now than before Covid? That's a YES! Simply because money is no more the main driving force in my life. I embrace fully the opportunities that life offers me and the inevitable setbacks with may come with an attitude that I can overcome any difficulties no matter how tough they are. Simply because I am grateful to be surrounded by family and friends and the blessings I have received.
How fortunate I am to be alive and well!
@Tiger_comments @TigerStars @TigerPicks @TigerClub @Tiger_SG