Are you poorer or richer than before COVID?

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. Have you become poorer or richer than before COVID? Have you accumulated wealth during bull market in 2021?

avatarJinHan
2023-12-18

Riding the Waves: How I Emerged Richer Than Ever Amidst the COVID Storm

As the world grapples with the multifaceted impact of the COVID-19 pandemic, its economic repercussions have been nothing short of transformative. From inflationary pressures to unprecedented shifts in market dynamics, the financial landscape has undergone a seismic evolution, leaving individuals to assess whether they find themselves on the richer or poorer side of this economic divide. The Economic Ripple Effect of COVID-19: Unpacking the Impact The onset of the pandemic ushered in an era of economic uncertainty marked by inflation, supply chain disruptions, and fluctuating markets. Understanding the impact requires delving into key facets: 1. Inflationary Pressures: The pandemic-induced supply chain disruptions and increased government spending to combat economic downturns have contrib
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Riding the Waves: How I Emerged Richer Than Ever Amidst the COVID Storm
avatarFurore
2023-12-18
Replying to @Furore:Recent investments after covid are mostly in the red as well Only Nvidia helped me earned more than 100% in capital appreciation, which I had long sold Being a huge REIT investor, it just doesn't help make things any better in such a high interest rate environment//@Furore:Cashwise richer... Net value and quality of life? Poorer... Started putting aside a bit more cash a month than I used to before covid, so in terms of liquid cash, richer In terms of net value and quality of life, definitely poorer. All my investments can't go back to where they were before covid with huge paper losses. Salary stayed same, lucky enough to keep my job, no year end bonuses but ye
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avatarFurore
2023-12-18
Cashwise richer... Net value and quality of life? Poorer... Started putting aside a bit more cash a month than I used to before covid, so in terms of liquid cash, richer In terms of net value and quality of life, definitely poorer. All my investments can't go back to where they were before covid with huge paper losses. Salary stayed same, lucky enough to keep my job, no year end bonuses but yet have to put up with rising costs of practically everything. From food, to transport, to utilities, even all the way to GST going up twice in a row from 7% to 9% soon. GST increases by 2% in such a short time, but I don't even see a 0.000001% increase in my salary. It feels exactly like getting a pay cut right after another pay cut. From going karaoke to drinking with friends, high tea followed by bu
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avatarTiger_comments
2023-12-15

Have you become poorer or richer than before COVID?

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!
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Have you become poorer or richer than before COVID?
avatarSPACE ROCKET
2023-12-16
$Tiger Brokers(TIGR)$ Have become RICHER after Covid! The delisting of EV $Sono Group N.V.(SEVCQ)$ affected my portfolio heavily as I had to sell at a loss to recoup whatever that's left of the stock.  Other than that, this year has been a profitable year! Cheers![Cool]  [Call]  [USD]  
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avatarCL168
2023-12-17
$Tiger Brokers(TIGR)$ Inflation and price increases makes nyself poorer. The index one day up two days down. Housing loan Interest rate so high, stock not performing good, ,retrenchment everywhere. No increment, no bonus. Market uncertainties. Really a lot of uncertainties. The wars, Covid cases startEd to spike up again. Not sure if there any good news around? 2023 is not a good year for me. Hopefully 2024 will be better. 
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avatararykeju
2023-12-17
$Tiger Brokers(TIGR)$   Inflation and price increases makes nyself poorer. The index one day up two days down. Housing loan Interest rate so high, stock not performing good, ,retrenchment everywhere. No increment, no bonus. Market uncertainties. Really a lot of uncertainties. The wars, Covid cases startEd to spike up again. Not sure if there any good news around? 2023 is not a good year for me. Hopefully 2024 will be better.
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avatarLionel8383
2023-12-18
Definitely richer than before Covid in 2019! Being able to capitalise on stocks like $Meta Platforms, Inc.(META)$ and $Microsoft(MSFT)$ in 2022 and early 2023 when they were unloved helped me to start realising the importance of investor psychology, which is to be greedy when others are fearful.
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avatarCookieKen
2023-12-19
$Tiger Brokers(TIGR)$ Covid is a break for me. This break allows me to learn about my investments strategies. As a result, I get richer for my knowledge and from my investments for sure.
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avatarThe Trader
2023-12-18
$Tiger Brokers(TIGR)$ Am poorer due to high inflation which affects my rent, daily expenses and a weak and volatile stock market makes capital appreciation difficult.
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avatarMineminemineallmine
2023-12-20
$Tiger Brokers(TIGR)$ Poorer. Yr investing skills are useless if you have a wife who has an affair and wants your assets and yr children.
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avatarsunrise87
2023-12-19
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avatar用户88888888
2023-12-20
$Tiger Brokers(TIGR)$ poorer due to inflation
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avatarAndyCHLim
2023-12-18
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avatarHunter88
2023-12-17
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avatarAzmm
2023-12-15
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