Growing your financial portfolio during a pandemic
Dr Melvin D’lima
Pandemics
are not new. We have experienced Cholera, Spanish Flu and others. This COVID 19
pandemic has caught the world literally flat footed. The economic impact on
households and individuals has been catastrophic.
Nothing is
the same. The economic system predicated on supply and demand has shifted to essential
goods and services. Businesses have been hard hit. Business models are
changing. Has yours ? Your financial investments took a hit with the drop in
interest rates. Indeed you made hay in the halcyon days of good returns on
investment. Things have changed radically and how?
What better
time to consolidate your financial assets, settle for a reasonable return on
investment and secure the uncertain future. We all know we are in a buyers market.
That plot of land, those cars and other toys you loved cannot realize the kind
of money you think you are worth.
So we are
down to your cash. You may just have more than enough. After all you can only
buy so much toilet paper, face masks and food. You are a prime candidate for
investing in a Money Market Fund for the short term, where you can access your
money at very short notice and in a Wealth Management fund for the longer haul
(where you lock the principal and daily interest for 3, 6 or 12 months).
I am a Business
and Life Coach who is a Financial Advisor
with Britam. You may want to meet me for a virtual meeting. Like this post and
inbox me so that I can book a Zoom meeting where we can discuss your options
for thriving socially and economically midst the change. Make this your Best
Year Yet
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