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.
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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🌟🌟🌟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
earned money from the real estate boom during COVID.. and lost back to stocks in these 3 years.. 😖🔨
[Cry]
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@highhand
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@CL168
@Success88
@Happy Bear
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@koolgal
Thank you for commenting on my post. Your coins have been sent to your account~ Don't forget to check your tiger coins💖
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.
Cheers to all investors! Let's jiayou together ya!! [Cool]
The trick is to remain cool at times. Don't join in the bandwagon of selling and making a loss when the day is already so red. Keep calm guys!!! Know when to take profits, know when to diamond hands, know when to buy in and DCA, know when to trade options to boost your earnings. Stay cool and awesome guys! [Cool]
Great ariticle, would you like to share it?