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!

# Are you poorer or richer than before COVID?

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.

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  • koolgal
    ·2023-12-17
    TOP

    🌟🌟🌟The 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

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    • ZEROHERO
      Wonderful. Thanks for sharing 🤗
      2023-12-22
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    • koolgalReplying tozuma
      Happy Monday 🍀🍀🍀🌈🌈🌈
      2023-12-18
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    • koolgalReplying tozuma
      My pleasure 😍😍😍
      2023-12-18
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  • GoodLife99
    ·2023-12-15
    TOP
    become poorer cox most of everything prices have increased [LOL], salary stay the same, what's more ringgit is weakening [Facepalm] not like SG strong currency
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    • GoodLife99Replying torL
      [LOL] [LOL]
      2023-12-18
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    • GoodLife99Replying tokoolgal
      yaloh....
      2023-12-18
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    • rL
      Malaysia bolei 👍🏻
      2023-12-17
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  • Aqa
    ·2023-12-16
    TOP
    我现在比以前更富有更聪明。我过去经常和朋友一起喝酒吃饭。我们也像喷气式飞机一样去过世界各地。Covid制止了这一切,我设法节省了一大笔钱。我在Tiger app开了一个投资账户,剩下的就是历史了!2020年以20新加坡元买入星展银行股票,2022年2月股价升至37新加坡元。这里的士气是明智地投资。利用回报来战胜通货膨胀、生活成本的增加以及商品和服务税。祝你好运。保持健康和健康;开心!
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  • 多鱼先生
    ·2023-12-15
    TOP
    But the United States is home to by far the largest contingent of dollar millionaires: 22.7 million in 2022, representing 6.7 percent of the country's population.
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  • icycrystal
    ·2023-12-16
    inflation is at all time high... so... everything increases... salary peanut... tell me how to become rich [Thinking] [Thinking] [Thinking]
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    • koolgal
      Yes Inflation makes things very expensive 😥
      2023-12-17
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    • Universe宇宙Replying toicycrystal
      [ShakeHands]
      2023-12-16
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    • Shyon
      Thanks for sharing hehe
      2023-12-16
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  • Shyon
    ·2023-12-16
    Personally, I remain almost the same in the financial status if comparing the before and after Covid pandemic. Yes, I did accumulated wealth during the bull market in 2021 but then the diamond hand causes me to give back most of my gain and even become some losses. Hopefully the situation improves and will have a blast next year. Gogoogo and good luck to all investors ya @GoodLife99 @Aqa @b1uesky @icycrystal @Universe宇宙 @rL @koolgal
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  • Mrzorro
    ·2023-12-17
    become poorer because of inflation and more fees to pay, somemore stock stuck in deep red sea...GST sg going to increase next year...I think only Singapore pool TOTO can help me now [LOL] [Facepalm]
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  • amber capital llc
    ·2023-12-17
    become 20% poorer after joining $Tiger Brokers(TIGR)$ .. [Spurting]

    earned money from the real estate boom during COVID.. and lost back to stocks in these 3 years.. 😖🔨
    [Cry]

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  • Tiger_comments
    ·2023-12-26

    @大文C

    @ZEROHERO

    @Kok

    @highhand

    @PhoenixBee

    @CL168

    @Success88

    @Happy Bear

    @GoodLife99

    @多鱼先生

    @TinyTiger

    @Mrzorro

    @nomadic m

    @Lionel8383

    @icycrystal

    @DiAngel

    @SPACE ROCKET

    @Shyon

    @Aqa

    @Furore

    @koolgal

    Thank you for commenting on my post. Your coins have been sent to your account~ Don't forget to check your tiger coins💖

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  • Furore
    ·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 buffet lunch before covid.
    To totally no more entertainment, white bread (not wholemeal) for breakfast and economic rice for lunch.
    Quality of life ain't any better too.
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    • 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
      2023-12-18
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  • Lionel8383
    ·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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  • nomadic_m
    ·2023-12-18
    richer in knowledge & wisdom, poorer in material. missed 2021's bull run as just joined $Tiger Brokers(TIGR)$ early 2023. having said that, it's still not too late as we are reaping the AI rally. better late than never
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  • DiAngel
    ·2023-12-17
    I think i have become richer than before Covid. Thanks to stocks acquired during Covid time. Salary has increased. Despite cut in individual performance bonus and company profit sharing, I need to donate more to charity to bring down my taxable income. Best to help those charity organisations than let IRAS “eats” up my money. Moreover, inflation has hit the homes hard as donation have lessen.
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  • SPACE ROCKET
    ·2023-12-16
    比Covid之前更有钱!![酷]
    为所有投资者干杯!让我们一起努力吧!![酷]

    诀窍是有时保持冷静。当天已经这么红的时候,不要加入卖出和亏损的行列。保持冷静伙计们!!!知道什么时候止盈,知道什么时候钻石手,知道什么时候买入和DCA,知道什么时候交易期权来增加你的收益。保持冷静和牛逼的家伙们![酷]

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  • 大文C
    ·2023-12-18
    变穷了,虽然今年收入不错,但抵销不了三年封城的支出
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  • Success88
    ·2023-12-17
    I think not much improvement either rich or poor just normal lor. 😂
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  • highhand
    ·2023-12-16
    richer with good knowledge on how to invest.
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  • CL168
    ·2023-12-17

    Great ariticle, would you like to share it?

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  • Kok
    ·2023-12-17
    Americans have never been good savers
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  • lydiaruru
    ·2023-12-16
    Wow
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